The company plans to invest $7.7 million in its Greenfield factory, which will lift production to an estimated 1.2 million power tools annually.
Municipal-owned utilities are trying to fend off an attack on a state law that allows them to expand their territories through annexation. Rural electric cooperatives and investor-owned utilities say they’re losing big customers.
Covance manages clinical trials for drugmakers including locally-based Eli Lilly and Co. It employs about 1,500 workers in Indianapolis and Greenfield.
Red Ribbon Antiques, which opened its doors on Main Street in 1989, will open them one final time Sept. 6 to liquidate the inventory Gloria Holloway established over her 25-year business career.
Wall Street analysts raised their eyebrows at the hefty price Eli Lilly and Co. will pay to acquire Novartis Animal Health, when compared to the value of the biggest player in the field.
The founder of University Loft Co., one of the nation’s biggest suppliers of college dorm room and military base furniture, is now venturing into the world of alternative transportation.
Greenfield Mayor Dick Pasco, who had been suffering liver problems since soon before his 2011 election, had decided against further treatment, his family said.
The local developer’s purchase of the complex is part of a shift within the company to complement its traditional development business with acquired properties.
Less than 50 years after Hancock County was established in 1828, the building that now houses the Greater Greenfield Chamber of Commerce went up on the corner of State and South streets.
Unusual merger of Hancock Telecom and Central Indiana Power is paving the way for network deployment in rural areas.
Greenfield-based Irving Materials Inc.’s purchase of Rock Industries in Peru brings its total number of mining operations in Indiana to 18. Rock Industries operates quarries in Peru and Plymouth.
The New Jersey-based pharmaceutical research company is seeking state and local incentives as part of the expansion, which would include a new laboratory, set to be finished in 2016. Covance already employs 565 workers at the site.
Startup Game Guru 2 U is providing entertainment for about 10 events a month, but hopes to triple its business.
Vice President Joe Biden was in Greenfield, about 25 miles east of Indianapolis, on Wednesday morning to visit an EnerDel plant that received a $118.5 million Recovery Act grant in 2009 to expand its lithium-ion battery production.