Jobs created by the new manufacturing plant have been offset by losses elsewhere in the community, and related development
remains scarce. But local officials remain optimistic about Honda’s long-term impact.
ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which
is struggling to turn a profit in a dismal advertising climate, but he hasn’t left. "Brad is still engaged with the company
as a director, co-founder and consultant," said co-founder and CEO Scott Jones.
The success of many closely held businesses is dependent on their key employees. These employees may not be family members
and probably will never be owners of the business. Nevertheless, their efforts help increase the value of the business.
Charlie & Barney’s is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience
stores.
Eldorado Resorts LLC, a Nevada company, has a long-running bid to take over Casino Aztar in Evansville, and the bid now appears
to be heading for approval by state regulators.
Blue Real Estate, a California firm that made a bundle selling West Coast office buildings at the market’s peak, has been
buying up local buildings and trying to learn the Indianapolis market.
Jenny Schott Androne, the president and founder of Schott Design Inc., one of the city’s largest interior design firms, has
amassed a diverse array of clients largely by marketing to building managers and landlords, as well as leasing agents and
tenants.
Ingersoll-Rand donated $35,000 worth of materials, $15,000 for engineering and labor, and future support to IPS 94.
