Air tool manufacturer plans Indiana expansion
Sullair Corp., which makes air compressors and other air tools, says it will expand its headquarters in northern Indiana and expects to add up to 113 jobs in the next few years.
IBJ Staff and Associated Press
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Keystone Towers tumble down
Hundreds of people watched from nearby as explosives brought down a long-shuttered Indianapolis apartment tower near the Indiana State Fairgrounds that had become a neighborhood eyesore and a haven for crime.
Angie’s List files for initial public offering
Consumer review provider Angie's List on Thursday filed the papers for an initial public offering of stock. The filing pegged the value of the offering at $75 million, though the Indianapolis-based company said that amount could change.
Bennett endorses private operators for 4 IPS schools
Indiana's public schools chief wants two outside organizations to take over operation of four troubled Indianapolis schools.
Former flight management firm owner pleads guilty to fraud
David A. Chaisson is one of two men charged in separate schemes to defraud Ryan International Airlines. Prosecutors say the schemes involved kickback payments in exchange for business.
Indiana part of suit against for-profit college
The Obama administration and four states, including Indiana, are accusing Education Management Corp., which operates two colleges in Indianapolis, of illegally paying recruiters to enroll students in an $11 billion fraud.
Indiana stocks part of massive Wall Street sell-off
Stock prices hurtled lower Monday as anxiety overtook investors on the first trading day since Standard & Poor's downgraded American debt. Indiana stocks were part of the carnage.
Local stocks pummeled in global sell-off
Stock prices of the dozen largest public companies in the Indianapolis area all tumbled Monday morning as a Standard & Poor’s downgrade of U.S. debt spooked investors worldwide.
1,300 Hoosiers eligible for United Financial restitution
Indiana Attorney General Greg Zoeller said more than 1,300 Hoosiers are eligible for restitution from United Financial Systems Corp. in the wake of a court ruling against the Indianapolis-based company. The company also faces at least two class-action lawsuits.
Franklin Electric moving HQ, 220 jobs to Fort Wayne
Franklin Electric Co. Inc. says it will move its corporate headquarters from Bluffton to a $25 million development in Fort Wayne by 2013. The company has 220 employees and expects to add 35 more by 2014.
Holiday World plans world’s longest water coaster
Officials at Holiday World & Splashin' Safari in southern Indiana on Wednesday unveiled plans for a $9 million ride that will be the most expensive in the park’s history.
Indicted elections chief hires ex-prosecutor Brizzi
Indiana Secretary of State Charlie White has hired former Marion County Prosecutor Carl Brizzi as his lead defense attorney in his fight against voter fraud charges.
Proposed wind farm seeking approval in Tipton
An energy company that wants to build a massive wind farm in central Indiana has taken another step toward that goal.
Cost cutting planned by Integra Bank’s new owner
Old National Bank President Bob Jones said an undetermined number of jobs will be eliminated, with the bulk of them being branch managers and other management positions.
Indiana electric car company gets new owner
Think North America, a company that has been making electric cars at a northern Indiana factory, has a new owner, giving local officials more confidence in its future.
Elkhart mayor worried about car plant’s future
The bankruptcy filing of an electric car manufacturer has clouded the future of a northern Indiana factory that was touted as an economic boost for an area hit hard by job losses in the recreational vehicle industry.
Honda adding 1,000 workers at Greensburg plant
The automaker expects to double its current work force at the plant 50 miles southeast of Indianapolis as it prepares to add a second shift by the end of the year.
Court issues restraining order against Lilly
Amylin Pharmaceuticals Inc. says a federal court has issued an injunction preventing drug development partner Eli Lilly and Co. from using the same sales force to sell an Amylin-developed diabetes treatment and a competitor's.
Amazon plans another area warehouse, more jobs
Amazon.com plans to open a third large distribution center in central Indiana this summer that will employ hundreds of workers, the company said Monday morning.
UPDATE: Republic Airways loses $22M on fuel, maintenance
Indianapolis-based Republic Airways Holdings Inc. said it lost $22.4 million during the first quarter on higher fuel and maintenance costs.