PROXY CORNER: Kimball International Inc.
Jasper-based Kimball International Inc operates two divisions—electronic manufacturing services and furniture manufacturing.
IBJ Staff
Articles
Political neophyte Ballard cruises to second term
A contentious battle for Indianapolis mayor culminated in a second term for Republican Mayor Greg Ballard, who won the race with 51 percent of the vote. His Democratic challenger, Melina Kennedy, garnered 47 percent.
EDITORIAL: Mayoral control is best for IPS
The Mind Trust’s provocative new report on the future of Indianapolis Public Schools is sure to lead to a vigorous debate over how the district should operate, including whom the public should hold accountable for its performance—the publicly elected board that controls it now or the mayor of Indianapolis.
Finish Line got strong start to holiday season
For the three-week period ended Dec. 18, the Indianapolis-based athletic apparel retailer said sales in stores open at least a year increased 7 percent from the same time last year. For the entire quarter, company profit increased 35 percent, to $5.5 million.
Turkey processor to hire up to 600 for new Vincennes plant
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
Ex-Dow Agro scientist receives seven years for economic espionage
Kexue Huang was sentenced after pleading guilty in October to sending Dow AgroSciences trade secrets to China and Germany.
Krieg Bros. building sold to owner of nearby structure
Buyer Rick Coombes also owns the building at 111 S. Meridian St., the former home of Brenner Luggage, located just north of where the religious store operated for decades.
Cracker Barrel rebuffs Biglari
Cracker Barrel shareholders appear to have rejected Sardar Biglari’s move to join the restaurant chain’s board, but stopped short of passing a “poison pill” plan that would deter outside investors from taking over the business.
State SBDC network gets new director
The Indiana Economic Development Corp. announced Tuesday morning that Jacob Schpok officially has been named director of the agency. He was appointed interim director earlier in the month.
Indiana jobless rate stays at 9 percent
The state’s unemployment rate held steady in November at a seasonally adjusted 9 percent, slightly higher than the overall U.S. rate that dropped to 8.6 percent, the state’s Department of Workforce Development said Tuesday morning.
City goes after tow-company license
Indianapolis is moving to revoke the license of a prominent local towing company that officials say has violated local ordinances and elicited more than two dozen consumer complaints.
Hotels already calling venue CNO Financial Fieldhouse
The Pacers have not announced a name change, but have a special announcement scheduled for Thursday.
Airport authority board president stepping down
Indianapolis Airport Authority Board President Michael Stayton is resigning despite having two years left on his contract, saying that he wants to spend more time with his family.
Durham’s wages docked to pay $71,000 debt
The order from a Hamilton County magistrate says an investor can collect $71,423.66, including interest, from Durham’s National Lampoon Inc. salary.
Metro home-building activity down in November
In the nine-county metropolitan area, the number of home-construction permits filed last month dropped to 225, a 13-percent decrease from the same month in 2010.
Holiday Wish List – Dec. 19, 2011
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
NFP of NOTE: Flanner House of Indianapolis
Flanner House of Indianapolis supports, advocates for and empowers individuals, children and families by applying educational, social and economic resources that move the community toward self-sufficiency.