2012 NEWSMAKER: Crime stance returns Hogsett to political spotlight
U.S. Attorney Joseph Hogsett’s openly tough-on-crime approach has some political insiders speculating whether he’s seeking a higher office.
IBJ Staff
Articles
2012 NEWSMAKER: School librarian Ritz won with grass-roots campaign
Democrat Glenda Ritz pulled off a David-versus-Goliath victory to unseat Republican Tony Bennett as Indiana’s superintendent of public instruction.
Other news: From Allison’s IPO to Lugar’s defeat
Politics and real estate helped round out 2012’s news of note.
Kite continues Southeast push with $37.3M in acquisitions
In December, the Indianapolis-based real estate investment trust bought two shopping centers in Greenville, S.C., using proceeds from its recent $60 million stock sale.
Fort Wayne church insurer plans to add 102 jobs
Brotherhood Mutual Insurance Co. expects to hire the employees by 2016 as part of a $15 million expansion that includes building a 54,395-square-foot facility at its headquarters.
Two Scotty’s to reopen as Detour American Grilles
The owner of the restaurants, Fishers-based MSCB, switched to the new formats after terminating its contracts with the current operator, Indianapolis-based A Pots & Pans Production.
Gerdt Furniture to close doors after 53-year run
The last remaining store for the family-owned business, which recently shuttered its Castleton location, will stage a liquidation sale on Dec. 28.
Women’s physician building targeted for foreclosure
A lawsuit from the lender claims that Women’s Physician Group still owes $8.7 million on a $9 million loan it received for a northwest-side building.
Holiday Wish List
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
PROXY CORNER: Remy International Inc.
Pendleton-based Remy International Inc. manufactures starters, alternators and electric motors for vehicles.
Clark Quinn law firm adds veteran lobbyist
Former executive director of Indiana Utility Regulatory Commission will lead firm’s new public affairs division.
Environmental enforcement stings three companies
Penalties will help fund clean-up of East Washington Street site.
EDITORIAL: Doubling down on life sciences is right idea
The Indiana Economic Development Corp.’s proposal to create a $30 million venture fund dedicated to life sciences startups is good news for a valuable sector of our state economy that has been losing out to the more investor-friendly high-tech sector.
Digital marketer Raidious to add up to 75 downtown jobs
The company, which currently has 20 Indianapolis employees, began its expansion this fall by leasing 2,800 square feet of office space in the Morrison Opera House, 47 S. Meridian St.
Scotty’s plans new restaurants, loses contracts on others
Scott Wise, who operates nine restaurants in Indiana, plans to open two more Scotty’s Brewhouses in Indiana next year. However, his company also is losing the management contracts on two restaurants that carry the Scotty’s name.
Former IPL president, civic leader Humke dies
Ray Humke, 80, served as president of Indianapolis Power and Light Co. from 1990 until he retired in 2001. He died Tuesday following a brief illness.
Shepherd insurance agency acquires rival Chappell
Carmel-based Shepherd Insurance & Financial Services, one of the largest independent insurance agencies in the Indianapolis area, got a little bigger with its purchase of Chappell Insurance Agency in Fishers.