Marketing firm plans downtown expansion, move
Indianapolis-based marketing firm TrendyMinds plans to more than double its staff in the next two years, adding up to 20 jobs as it moves into a former labor union hall downtown.
IBJ Staff
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Northern Indiana RV maker to add up to 250 jobs
The company plans to invest $3.9 million to buy land and construct a 93,000-square-foot facility adjacent to its existing 45-acre campus in the town of Topeka.
FedEx wins reversal of jury’s $66M award to ATA
FedEx Corp. has won an appeal that overturns a $66 million verdict in favor of defunct Indianapolis airline ATA Airlines Inc.
Top 2011 news and newsmakers
The economy may be stuck in the doldrums, but government and the private sector are continuing to make huge investments aimed at strengthening the region's future. Check out IBJ‘s complete year-in-review coverage, including a photo gallery, reader poll and A&E recap.
Police called to control rowdy shoe shoppers
Local police were called to two Indianapolis malls to control crowds waiting to purchase the newest generation of Air Jordan basketball shoe. Similar incidents have been reported nationwide.
Indictment: Durham looted Fair Finance
Indianapolis financier Tim Durham was indicted on wire and securities fraud charges in March—the culmination of a federal probe that began in 2009.
State’s economy still stuck in neutral
The year started with a sense that slowly—not fast enough for anyone’s liking—but steadily, Indiana’s economy was coming back. But then a spike in gas prices and the never-ending sovereign debt crisis in Europe created a summer of setbacks.
Patent expirations up pressure on Lilly
Eli Lilly and Co. lost patent protection on its $5-billion-a-year best-seller Zyprexa in October, plunging the company into the long-awaited zone of uncertainty that it calls “Years YZ.”
Las Vegas calamity saps IndyCar momentum
IndyCar Series CEO Randy Bernard racked up a number of accomplishments early in 2011 but was buffeted by challenges late in the year—most notably a crash at a Las Vegas race in October that left one driver dead and the future of the series mired in uncertainty.
Openings launch new era for Indianapolis tourism
The $275 million Indiana Convention Center expansion was completed in January, and the 1,005-room JW Marriott opened the following month.
Rolls-Royce relocates 2,500 jobs to downtown
The aircraft-engine maker will occupy Eli Lilly and Co.’s former Faris Campus on South Meridian Street, which is being renamed the Rolls-Royce Meridian Center.
Spate of Indiana firms lines up for IPOs
The highest-profile Hoosier initial public offering was staged by Angie’s List Inc., the online provider of consumer reviews. The Indianapolis-based company raised $76 million by selling new shares, and existing stockholders raked in another $31 million by selling some of their holdings.
Real estate meltdown leaves developers reeling
It was another rough year for the real estate sector in 2011, as the homebuilder Estridge filed for bankruptcy, strip-center specialist Broadbent struggled to hold onto its headquarters, and Centre Properties faced a $43 million foreclosure suit.
2011 NEWSMAKER: Eugene White in crosshairs as reformers target IPS
There’s a pitched battle under way in K-12 education as reform advocates and charter schools challenge traditional institutions such as teachers’ unions and education schools.
GOP-controlled Legislature overhauls K-12 education
This year saw the most sweeping changes to public education since the approval of teachers’ unions in 1973.
2011 NEWSMAKER: Daniels declines presidential bid
Supporters of Indiana Gov. Mitch Daniels were disappointed when he announced May 22 that he would not seek the Republican nomination for president.
Battle over right-to-work bill derails legislative session
Advancement of right-to-work legislation during this year’s legislative session caused Indiana House Democrats to flee to Urbana, Ill., where they remained for 36 days in what became the longest walkout in Indiana history.
2011 NEWSMAKER: Melangton gears up for Indy’s big game
Indianapolis Super Bowl Host Committee CEO Allison Melangton began 2011 with a trip to Dallas to see firsthand how the NFL pulls off its big game.