Towing companies sue city over contracts
The plaintiffs claim the city violated the bid process by awarding contracts to companies that didn’t meet the requirements. They’re asking for an injunction to prevent the contracts from taking effect.
Small Business
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Christopher Clapp’s reading habits
Clapp took Angel Learning to a $94 million sale, and now he’s ramrodding BlueLock to something bigger. But what does he read?
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As you’ll learn in this weekend’s IBJ, cloud computing firm BlueLock is the fastest-growing private company in the Indianapolis area. You can read the financial details for yourself, but it’s fair to say they’re scorching. Most of that growth was managed by a team spearheaded by John Qualls, and then last year the firm brought […]
Sources: Angie’s List picks adviser to handle planned August IPO
Angie’s List Inc., a website that provides consumer reviews of plumbers, electricians and other services, is preparing to file in August for an initial public offering, said two people with direct knowledge of the plans.
Anderson firm to sell antimicrobial product in big box stores
Coeus Technologies has begun selling its Ultra7 product through HomeDepot.com.
STYLE: Local entrepreneur teaches upholstery staples
Shelly Leer had planned to start ModHomeEc on a small scale, but has found it tough to keep it there. She’s had to double class sizes from three students to six since January and has started offering three-day, out-of-town workshops in Chicago.
City’s fast-growing companies surge with economic recovery
An economic recovery blowing against their backs propelled some Indianapolis-area companies to scorching growth.
Local motorsports supplier acquiring safety gear vendor
Atlanta-based Racer Wholesale has helped build national recognition for G-Force Racing Gear, which supplies racers with helmets, driving suits, gloves, shoes and other safety gear.
INSIDE DISH: Italian eatery tables expansion amid downturn
Aaron O'Mara, co-owner of Augustino's, expected to open several locales until the economic downturn and a dip in sales scuttled those plans. Now he hopes to hold the line.
Positron plans $55 million cyclotron project, 80 jobs
Medical imaging equipment maker Positron Corp. has agreed to move its operations to Noblesville, where it plans to invest $55 million to open a high-tech facility that will make isotopes used in cardiac PET scans.
Locally based Business Furniture expands into Illinois, Iowa
New markets to be added later this year are expected to double the company’s sales within five years.
Anson Group CEO thrives on helping clients work with FDA
Colleen Hittle became CEO and sole owner of the Indianapolis-based pharmaceutical and medical device consulting firm in April.
R.Lynda clothing boutique pulls plug on venture before opening
Construction of the shop at Traders Point Shopping Center was already underway.
Indianapolis ad firm helps Sun King Brewing launch app
Brewery wants relevant platform for its social media outreach.
Eco-friendly downtown supply store closes
Green Way Supply, a pioneering green construction products store, has gone out of business, but one of its partners is planning a new building supply store with mix of green and traditional products.
How happy are your employees?
A survey shows workers like their jobs better than they did a year ago, but not as well as before hard times set in.
WOJTOWICZ: Relief available for firms with falling real estate values
New law allows banks to refinance existing real estate and equipment debt through the U.S. Small Business Administration 504 loan program.
Rise of machines bodes well for tech firm Mesh Systems
The founder of Mesh Systems, a company that develops wireless “machine-to-machine” communications software and hardware, says his products have countless applications. Earlier this month, Mesh closed on a $2.5 million private placement from investors in Indiana and Wisconsin.
Ingredients in place for plethora of Hoosier IPOs
Some Indiana firms are adding management and board firepower—moves likely to help them win over investors should they move ahead with public offerings.
Family has steely plan for shifting business to next generation
Westfield Steel owners Karyn and Fred Prine are well on the way to transitioning to the next generation—son Fritz—thanks to timely planning.