Rolls-Royce Corp. is planning a wide-scale modernization of its Tibbs Avenue jet-engine plant in Indianapolis that would be part of an overall goal to invest nearly $600 million in its local operations over five years.
Celadon Group Inc. sold a portfolio of semi tractors and their associated leases for $13.6 million to a joint venture controlled by a private-equity firm, Indianapolis-based Celadon announced late Friday.
Rolls-Royce did not provide details of the Monday morning announcement, but IBJ reported this spring that the company was in discussions with the city and state on a project that would modernize its Tibbs Avenue jet-engine factory and likely to cost at least $500 million.
Andre McGee's attorney said his client denies hiring strippers and prostitutes to entertain University of Louisville recruits. McGee's current employer, the University of Missouri at Kansas City, has placed him on paid leave.
IU officials say they did not know about a controversial book that accuses the University of Louisville of recruiting violations when they passed on a message from IBJ Book Publishing owner Mickey Maurer.
The Louisville coach and the school’s athletic director appeared to try to cast doubt on the independence of the book publisher, Indianapolis-based IBJ Book Publishing, pointing out that it is owned by one of Indiana University’s biggest boosters, Michael Maurer. Maurer said the suggestion is "ludicrous."
TCC Software Solutions, which was founded in 1996 and has 139 full-time employees locally, said it will invest $1.9 million to expand into a new facility on East 52nd Street.
Every little bit helps, but a larger-scale investment is needed to redevelop parts of the mall and reposition the overall property for long-term success.
Researchers at the Indiana University School of Medicine think they have found a way to predict possible suicides using blood tests and questionnaires on tablet computers.
The program will help train physicians in financial analysis, management, organizational politics, and how to manage change in an organization.
The Indianapolis-based law firm launched the office in the Big Apple with hopes of expanding the reach of its private equity practice.
Indianapolis-based Celadon Group Inc. has acquired the truckload business assets of Tango Transport LLC, a Shreveport, Louisiana-based transportation company, Celadon announced Wednesday night.
On Wednesday, U.S. District Court Judge Sarah Evans Barker ruled against Indianapolis-based Monarch Beverage Co., which claimed in a lawsuit that Indiana’s restrictive alcohol distribution laws violate the U.S. Constitution.
If plans come to fruition, PolicyStat LLC of Carmel and Ace Technologies LLC and Central Marketing Transport Services of Indianapolis will add 111 employees over the next decade, the Indiana Economic Development Corp. said.
IU’s president and his wife will endow professorships in computer engineering and global strategic studies on the Bloomington campus.
San Antonio, Texas-based C. H. Guenther & Son Inc. said it plans to close its Frozen Ventures facility in Indianapolis “for business reasons.”
Visit Indy is a big not-for-profit, bringing in and spending $13.6 million last year in its quest to promote Indianapolis' convention and tourism industry.
The Indianapolis-based retailer of athletic apparel reported profit in its fiscal second quarter of $25.9 million, slightly down from the same quarter a year ago.
The Department of Veterans Affairs has purchased nearly 15 acres in the cemetery to establish the columbarium for the cremated remains of veterans, spouses and family members.
A local not-for-profit created the sea of 250 flags—on display through Saturday—in part to raise money for the American Legion Legacy Scholarship Fund. Organizers hope it will become an annual event.
