Indianapolis-based Baldwin & Lyons Inc. on Thursday reported a profitable second quarter, a year after a series of major natural catastrophes caused a big loss for the transportation industry insurer.
Michael Huber, the city’s deputy mayor for economic development since March 2010, is stepping down to take a lead role in commercial development at Indianapolis International Airport. He’ll be replaced by Bond Bank director Deron Kintner.
The maker of luxury soaps and other hotel toiletries has moved its headquarters from Indianapolis to a bigger facility in Plainfield, where it plans to add 40 employees within six months.
The Indianapolis-based company said Wednesday morning that profit soared to $65.7 million compared with a loss of $7.7 million in the second quarter of 2011.
The Indianapolis airline company earned $20 million in the second quarter after losing $14.9 million in the same quarter a year earlier.
Interactive Intelligence Group Inc. suffered a second quarter loss despite revenue growth of 5 percent, the company announced Tuesday afternoon.
Engine manufacturer Cummins Inc. on Tuesday reported lower profit and revenue in the second quarter, but the results exceeded Wall Street expectations.
The Indianapolis-based trucking firm on Monday said earnings rose 63 percent, to $9 million, in the fiscal fourth quarter. Quarterly revenue rose 4 percent, to $157.5 million.
Allison Transmission Inc. on Monday reported earnings of nearly $413 million in the second quarter after losing $17.2 million in the same period a year ago. The Indianapolis-based manufacturer cut its full-year sales-growth forecast.
Loan growth in the consumer and real estate sectors helped Evansville-based Old National Bancorp report higher profit and revenue in the second quarter, the company said Monday morning.
Apex Benefits Group plans to invest $1 million and add 25 jobs paying an average of $44 an hour.
The jobs are part of a $5 million expansion in which the company will add 20,200 square feet of space to its offices in Muncie. When finished next summer, the 75,000-square-foot facility will house 900 employees.
It’s puzzling that Indianapolis doesn’t demand more of those who shape its built environment.
The Minnesota-based firm plans to generate the power at three, 10-megawatt sites in IPL’s service territory.
The Indy Warehouse Automation Expo will showcase new generation of scanners, cameras and radio frequency ID technology.
Banks now have until October to avoid having preferred shares auctioned by federal government.
Reform-minded Superintendent of Public Instruction draws contributions from across the country.
Trusted Mentors uses the power of mentoring to help adults establish stable lives by reducing the chaos brought about by poverty, homelessness, underemployment and the effects of incarceration.
