HAMILTON COUNTY Software sales company plans growth streak in Carmel Carmel-based Sales Diesel LLC plans to add at least 50 employees and expand into much larger offices before the end of the year. Founded only a year ago, the company provides sales analysis, lead generation and sales processes for companies that sell software and technology […]
The marketing material for the Sedona Woods community in Fishers boasts that once word gets out, home lots are sure to sell out quickly. In hindsight, the statement couldn’t have been further off the mark. Roughly four years later, the subdivision that ultimately was to contain hundreds of homes built by Davis Homes LLC remains unfinished. And now, after the local builder ceased operations in late July, completion could take even longer. Sedona Woods at Promise Road and 136th Street…
Those ubiquitous retail strip centers are beginning to wither under a housing slump that has cast a dark cloud over much of the U.S economy. Heavily dependent on new-home construction, strip-center developments have been hurt by tough residential real estate conditions that have spread into the commercial arena and dampened retail activity. Nationally, the volume of strip-center investment transactions is down 77 percent from a year ago, according to a June commercial report from the Chicago-based National Association of Realtors….
The marketing material for the Sedona Woods community in Fishers boasts that once word gets out, home lots are sure to sell out quickly. In hindsight, the statement couldn’t have been further off the mark. Roughly four years later, the subdivision that ultimately was to contain hundreds of homes built by Davis Homes LLC remains unfinished. And now, after the local builder ceased operations in late July, completion could take even longer. Sedona Woods at Promise Road and 136th Street…
Those ubiquitous retail strip centers are beginning to wither under a housing slump that has cast a dark cloud over much of the U.S economy. Heavily dependent on new-home construction, strip-center developments have been hurt by tough residential real estate conditions that have spread into the commercial arena and dampened retail activity. Nationally, the volume of strip-center investment transactions is down 77 percent from a year ago, according to a June commercial report from the Chicago-based National Association of Realtors….
Locally based Duke Realty Corp. is leaving the retail real estate business to focus on its bread-and-butter industrial, office and health care developments. The move will eliminate about six jobs, said company spokesman Joel Reuter. The company’s retail properties represent only about 1.5 percent of its nationwide portfolio, but it has worked on some high-profile […]
Indianapolis-based Pharmakon LTC Pharmacy Inc. will pay an average of $50,000 a year to each of the 52 employees it plans to add in the next five years. The institutional pharmacy will move to a larger headquarters and warehouse in Carmel as part of its expansion, Indiana Economic Development Corp. said today. The $1.2 million […]
Indianapolis-based Pharmakon LTC Pharmacy Inc. will pay an average of $50,000 a year to each of the 52 employees it plans to add in the next five years. The institutional pharmacy will move to a larger headquarters and warehouse in Carmel as part of its expansion, Indiana Economic Development Corp. said today. The $1.2 million […]
Charter Homes owner Jerry Jaquess fancies himself a white knight for King Park, a neighborhood once known mainly for its
rampant crime, boarded-up homes and vacant lots. But as he’s constructed a slew of homes and carriage houses there, the local
builder has stirred up several lawsuits, dozens of liens and persistent questions about whether his business is legit.
That’s when new tax benefits kick in for an unusual kind of long-term-care insurance, called asset-based longterm care. The Indianapolisbased life insurer is betting those tax breaks send a wave of money flooding toward asset-based long-term-care policies, which one of its subsidiaries has sold for nearly 20 years. With people living longer and the 70 million baby boomers aging, the need to pay for long-term care, such as in-home elder care and assisted-living facilities, is sure to rise. “We see…
Author Solutions has been fined $50,000 for using unauthorized copies of Adobe, Microsoft and Symantec software, the Business Software Alliance announced today. The Bloomington provider of self-publishing services was outed through a report to the alliance’s hotline, the alliance said. Author Solutions President and CEO Kevin Weiss said in a joint statement with the alliance […]
The mathematical version of the Scripps National Spelling Bee could be coming to Indianapolis, according to a spokesman for the organization that hosts the event. The not-for-profit National Math Bee is based in Birmingham, Ala. It was founded by S. David Vaillancourt, who moved to the Indianapolis area recently. A Carmel office address is listed […]
Quadraspec Inc. has snagged another $2.5 million in capital that the West Lafayette-based company hopes will carry it to the point of launching its diagnostic products for human use. Indianapolis-based Clarian Health Ventures led the funding round, contributing more than $625,000. Three other firms also joined in, including Michigan-based EDF Ventures, Carmel-based Spring Mill Venture […]
Organizers of the inaugural World Class Driving Festival at the West Baden Springs Hotel Sept. 3-7 hope to put Indiana
on the map when it comes to exotic cars and potentially lucrative business opportunities surrounding the accompanying lifestyle.
Carmel startup wades into Florida hurricane market Firm pioneers product to cover insurance deductibles The turbulent winds that hit the property-casualty insurance market after the destructive Gulf Coast hurricanes of 2004 and 2005 have blown over Indiana with hardly a bent weather vane. But that hasn’t stopped a new Carmel company from trying to make a buck helping Florida homeowners and businesses handle their now-staggering insurance costs. This month, Citon Group Inc. started marketing its new breed of insurance-designed to…
Carmel-based ChaCha Search Inc. has been winning accolades and enough teen fans to rival Hannah Montana. But none of that makes it apparent how the company can make money giving free answers to random cell phone queries.
The turbulent winds that hit the property-casualty insurance market after the destructive Gulf Coast hurricanes of 2004 and 2005 have blown over Indiana with hardly a bent weather vane. But that hasn’t stopped a new Carmel company from trying to make a buck helping Florida homeowners and businesses handle their now-staggering insurance costs. This month, Citon Group Inc. started marketing its new breed of insurance-designed to cover hurricane deductibles-to Florida insurance agents. “We’re really at the very beginning of this….
Cripe Architects + Engineers, the Indianapolis-based architectural firm, is adding an office in Evansville in addition to its satellite locations in Carmel and Fort Wayne, according to the Evansville Courier & Press. Cripe has 75 employees. Chairman and CEO Alex D. Oak, a Native American, brings the firm minority-owned status.
First Merchants Corp. announced today that it has signed a definitive agreement to buy Plainfield-based Lincoln Bancorp. The move thrusts the growing Muncie bank further into the state’s largest market and sheds light on the travails of the banking industry. First Merchants valued the acquisition at $74 million to $77 million, depending on its stock […]
These are tough times for chambers of commerce. It’s always been difficult to show dues-paying members they’re getting a return on their investment. And now online social networking sites such as LinkedIn and Facebook are rapidly encroaching on chamber business. But chambers won’t cede their turf without a fight. That’s why D.J. Muller, 42, has been able to build a fast-growing company replicating locally what the Internet giants do best. His Avon-based IT firm WebLink International Inc. provides management software…
