Water-testing startup wins $100K in pitch competition
Founded in 2016, 120WaterAudit beat out nine other area firms that had been chosen to compete in the Rise of the Rest pitch competition that rolled into Indianapolis on Thursday.
IBJ Staff
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PROXY CORNER: Kimball Electronics Inc.
Jasper-based Kimball Electronics Inc.manufactures electronics for customers in automotive, medical, industrial and other fields.
EDITORIAL: Pension shortfalls taint Sun Capital
Some private equity firms are vultures, monetizing whatever value they find, then leaving the business itself in a trash heap in bankruptcy.
OneAmerica keeps AA- rating
OneAmerica is among just 8 percent of U.S. life insurers with an S&P rating of AA- or higher and an A.M. Best rating of A+ or higher.
Chase stays atop ranking of biggest banks in Indy
As of June 30, New York-based Chase held $8.6 billion in deposits within Marion County, which represents a local market share of 30.1 percent.
FBI raids financial services firm in Westfield
The bureau so far isn’t sharing details on its interest in Banc-serv, which provides services for small business lenders.
CFO of MainSource lands promotion following sale
Cincinnati-based First Financial Bancorp is making changes to its executive lineup as it prepares to acquire Greensburg-based MainSource Financial Group for $1 billion.
Emmis reports big quarterly profit thanks to radio station sale
Emmis said it used the $82.8 million sale of Los Angeles radio station KPWR-FM to drastically slash its debt obligations.
Bloomington tech firm to expand, move headquarters to Indy
The state has offered Lucid Services Group up to $1.4 million in tax credits for its plans to add 76 jobs over five years. Those jobs will be spread through offices in Indianapolis and Bloomington as well as in client locations.
Colts seeking to expand their training complex
The Indianapolis Colts are planning to expand their training complex by adding a 32,000-square-foot addition and two practice fields, according to plans filed with the city.
Noblesville Italian restaurant plans north-side Indy location
The owners of Matteo’s Ristorante Italiano, which has been serving Italian food in downtown Noblesville for 14 years, plan to open another restaurant, in a spot in Indianapolis vacated last year by another longtime local Italian eatery.
Carmel cloud-computing firm plans to add 50 workers
CleanSlate Technology Group, a reseller of IBM products that also provides consulting services, said it will invest more than $1 million to expand its headquarters to accommodate the additional workers.
EDITORIAL: Tax provision benefits Hoosiers
A provision of the Trump tax plan would shift some federal tax burden away from lower-tax states to higher ones but the larger plan needs evaluation before we know whether it’s good for Hoosiers overall.
Nine selected to receive Indiana Innovation Awards
The awards recognize individuals and organizations at the cutting edge of innovation in Indiana. This year’s honorees include Mimir Corp., Fuzic Inc., Hillenbrand Inc. and the Children’s Museum of Indianapolis.
Manufacturers poised to increase spending on automation, survey says
More than half of the respondents to the annual Indiana Manufacturing Survey ranked investment in facilities, machinery and information technologies as the top priority for manufacturers to move into the future.
Lilly Endowments gives $26M to help school counseling efforts
Lilly said 30 of Indiana’s 92 counties will benefit from the grants, which range from $68,312 to $2.87 million each. Schools in Marion, Boone, Hamilton, Hendricks and Shelby counties were among the recipients.
Records
Fundraising Jameson Camp to benefit from 4th Annual Casino Nite Gala Fundraiser (70’s theme) at Indiana War Memorial, 431 N. Meridian St. on Oct. 7, at 7:30 p.m. Tickets: $55. Contact Yvonne Matlock at (317) 241-2661, ext.12 or Yvonne@jamesoncamp.org. Spay-Neuter Services of Indiana Inc. to benefit from Hair Ball on Oct. 7 at 6 p.m. at Delaware […]
Finish Line shares spike on latest takeover report
Shares in Finish Line Inc. surged late Thursday after the New York Post reported the Indianapolis-based retailer was nearing a deal to be acquired by United Kingdom-based Sports Direct International.
EDITORIAL: Party war in Carmel is not over yet
We’re sympathetic to the concerns of the neighbors, but the generosity Forrest and Charlotte Lucas show by holding fundraisers for not-for-profits at their Carmel estate is worth preserving.