IEDC promotes exec to lead business development
In the new role, Anderson will work directly with chief executives in Indiana and around the world to help them expand their businesses or move them to the Hoosier State.
IBJ Staff
Articles
EDITORIAL: Legislative session created foothold for transit
Years of foot-dragging by Indiana legislators has put the Indianapolis region way behind its peers in developing an effective mass transit system. And the transit funding bill that lawmakers finally approved this year contains some maddening conditions. But make no mistake, passage of the bill is a major milestone in a long, difficult fight.
NFP of NOTE: Coburn Place Safe Haven
oburn Place Safe Haven empowers victims of intimate-partner violence to live as survivors, and to be housed stably and safely with adequate financial resources.
City reports more revenue from parking meter operations
Indianapolis received more than $3 million in revenue from parking meters in 2013, its highest total yet since turning over meter operations to ParkIndy in late 2010.
IPS terminates CFO after disagreement over budget
Indianapolis Public Schools has fired its chief financial officer for “unsatisfactory work performance” one week after Superintendent Lewis Ferebee publicly disagreed with a financial assessment that said the district had a $30 million budget deficit.
Trustee takes over Deca Financial Services
Fishers-based bill-collection firm Deca Financial Services LLC missed a March 17 deadline to come up with more than $11 million to avoid involuntary Chapter 11 reorganization sought by its creditors.
Home construction ticks up amid harsh weather
The central Indiana home-construction industry saw a small rise in business in February, the Builders Association of Greater Indianapolis reported Tuesday.
Fastenal seeks tax abatement on $11M expansion
The firm intends to make its facility north of 56th Street on Guion Road the main hub for more than a dozen other regional distribution centers, and to hire 60 more workers.
Apparel firm requests tax break on $15M project
OSP Group is in the midst of re-evaluating its national distribution network and has identified major improvements needed at the center, which employs 625.
Home-sale agreements continue disappointing trend
Pending home sales in the nine-county area slid 22.8 percent in February compared with the year-ago period. That was only a slight improvement from the 31-percent fall recorded in January.
Rokita takes on FAA medical rule
General aviation pilots abhor the Federal Aviation Authority’s third-class medical certificate, which requires them to get a physical from an FAA-approved doctor every two years, but the industry has yet to take down that bureaucratic hurdle.
Noble of Indiana buffs up image
Noble of Indiana has launched a rebranding initiative, signaling a renewed emphasis on the not-for-profit’s mission to support individuals with developmental disabilities.
More hiring coming to Indiana?
At first blush, a poll that suggests 40 percent of Hoosier businesses plan to invest money into their business this year sounds promising.
PROXY CORNER: Lakeland Financial Corp.
Warsaw-based Lakeland Financial Corp. is a holding company for Lake City Bank, which has about $3.2 billion in assets. Lakeland has a regional headquarters at 96th and Meridian streets in Indianapolis.
Hurco beats expectations with higher sales, profit
Hurco Cos. Inc. saw slightly higher profit in the first quarter on a 16-percent jump in sales and service fees, the Indianapolis-based industrial technology company reported Friday morning.
TRANSPORTATION
The Indiana Finance Authority has chosen a group led by Netherlands-based Isolux Infrastructure to finance, build and maintain the 21-mile section of Interstate 69 from Bloomington to Martinsville. Isolux is working with local contractors E&B Paving of Anderson, Force Construction Co. of Columbus and Gradex Inc. of Indianapolis. Isolux beat three other consortiums with its […]
Craft brewery on tap for Speedway’s Main Street
Daredevil Brewing Co.’s plans call for a 10,000-square-foot building to be constructed on a two-acre lot that it purchased at the southeast corner of West Main and Gilman streets.