Allison lowers outlook after profit slides 17 percent
Allison Transmission Holdings Inc.’s profit dropped 17 percent in the third quarter after sales slid 14 percent.
IBJ Staff
Articles
Florida payroll provider moving to Indianapolis, adding 59 jobs
Beyond Payroll LLC, which said it will add the jobs by 2106, is leasing 2,000 square feet of space in the downtown Stutz Building.
PROXY CORNER: Shoe Carnival Inc.
Evansville-based Shoe Carnival Inc. operates 345 shoe stores in 32 states and Puerto Rico, in addition to selling through its website, shoecarnival.com.
Container makers want to restore fizz to state’s recycling fund
The money, long ago diverted by Gov. Daniels to the state’s general fund, would help reduce landfill waste and lower manufacturing costs.
Environment
Recycling advocates and beverage container manufacturers want the next governor to fully reinstate Indiana’s Recycling Fund. Gov. Mitch Daniels suspended the recycling fund in 2009, redirecting the 50-cent-per-ton “tipping fee” to the state’s general coffers. The Indiana General Assembly established the recycling fund in 1990 to help pay for household recycling and hazardous waste programs. […]
EDITORIAL: Convention biz needs quick solution to flight woes
Last week’s IBJ reported on an entirely different consequence of the direct-flight problem that should—must—break us out of our stupor and get something done.
At Home Quarterly: Housing marketplace stats
A look at housing sales, mortgage rates and home ownership trends. Also included are the most expensive home sold during the third quarter and examples of what $300,000 can buy.
History on the block: 3650 Spring Hollow
David M. Parry was known a century ago for his hatred of labor unions and for the cars he built, but he also made his mark with the Golden Hill estate he organized near White River. Today, the home at 3650 Spring Hollow is for sale at $600,000. The house is in mostly original condition but needs a comprehensive restoration.
Indianapolis-area landscape companies directory
A directory of landscape companies in the Indianapolis area.
Indianapolis-area landscape architects directory
A directory of landscape architects headquartered in the Indianapolis area.
Celadon Group’s quarterly profit jumps 50 percent
Indianapolis-based trucking company Celadon Group said fiscal first-quarter profit rose to $8.3 million due to higher freight revenue and lower operating expenses.
Wisconsin firm consolidates into Plainfield, plans 50 new jobs
Regal Beloit Corp. said it plans to move operations from multiple Midwestern warehouses into a new, 376,000-square-foot warehouse in Browning Investments' and Duke Realty Corp.'s AllPoints Midwest industrial park.
Local campus escapes University of Phoenix closure list
The University of Phoenix will maintain its campus in Indianapolis, a company spokesman confirmed, even as the operator of for-profit colleges closes more than half its campuses nationwide.
Purdue-born app wins $15,000 Startup Bowl prize
FoundOPS took first place with a mobile app that offers route optimization, customer-relationship management, data collection and GPS tracking for field-service companies.
Indiana Fever, Finish Line reach jersey sponsorship
Indiana Fever players will wear a prominent Finish Line logo on the front of their uniforms as part of a major sponsorship deal with the Indianapolis-based athletic apparel retail chain, team officials announced Friday afternoon.
Indiana sheds jobs but unemployment rate falls
Indiana’s unemployment rate fell to 8.2 percent in September, the first decline for the rate since April, despite a loss of 6,000 private-sector jobs.
EDITORIAL: Council’s $15M CIB raid is shortsighted
Democrats on the Indianapolis City-County Council who voted to plug a hole in the city budget by charging the Capital Improvement Board $15 million risk creating more problems than they solved.