Lifestyle Family Fitness closes 2 locations, sells 2 others
Minnesota-based Life Time Fitness is buying the two sites that will remain open. One is in Fishers and the other is near 96th and Meridian streets in Indianapolis.
IBJ Staff
Articles
EDITORIAL: Gregg, Pence should think big
So far, the efforts of government haven’t been enough to reverse the relative slide in wages and incomes. Too few firms are using the playground Indiana has created.
Blueprint: Churches, charities shouldn’t feed the homeless
“Blueprint 2” calls on well-meaning church and charity groups to stop delivering food directly to homeless camps. Professional outreach teams report that this enables people who may have addictions or mental health problems to continue living outside.
Not-for-profit manufacturer partners with disabled Marine
Crossroads Industrial Services will team up with a service-disabled veteran to win new business from defense contractors.
Stonegate Mortgage plans to add 45 workers in ’11
The Indianapolis-based firm has pledged to add a total of 300 workers by 2015.
Citizens to convert downtown steam plant from coal to gas
Citizens Energy Group plans to switch the primary power source for its Perry K Steam Plant in downtown Indianapolis from coal to natural gas, the utility announced Wednesday. The conversion will cost about $9 million.
City-County Council Republican to propose tougher smoking ban
The Republican president of the City-County Council in Indianapolis says his party plans to introduce an expanded smoking ban that would take effect before the Super Bowl.
U.S. high court takes Indianapolis sewer case
The Supreme Court of the United States agreed Monday to review a case that questions whether the city of Indianapolis violated the U.S. Constitution in how it handled refunds for residents who paid assessments on local sewer projects.
ISO reports smaller deficit, bigger endowment
The parent organization of the Indianapolis Symphony Orchestra said its expenses exceeded revenue by $1.7 million on a budget of $25.6 million for the 2010-2011 fiscal year. The deficit was $1 million less than a year ago, while the ISO endowment grew by $5.5 million.
Logistics company plans 315 jobs in North Vernon
Exegistics, a Wheeling, Ill.-based logistics service provider, said Monday it plans to spend about $9 million to build a rail-sided distribution facility in North Vernon, creating up to 315 jobs by the end of 2014.
Beer-dispenser maker looks to move production to city
Washington-based GrinOn Industries LLC is seeking property-tax abatements for creating 40 jobs and investing $2.5 million to equip a facility on Indianapolis’ northwest side.
US Airways cutting 52 employees at airport facility
The Phoenix-based airline said it will permanently lay off the local fleet-service employees effective Jan. 9.
EDITORIAL: Political gridlock unwelcome here
Now that roughly 30 percent of the city’s registered voters have determined who will lead the city the next four years, we have some advice for Mayor Greg Ballard and the newly elected City-County Council: Keep your victory in perspective.
My Toy Garden wades into specialty retail business
A teacher for 17 years, Carmel resident Janet Pillsbury opened her store in September to give shoppers more options.
Allison Transmission profits surge on global sales
The manufacturer was more profitable in the first nine months of this year than all of last year.
Indiana’s public pension restructures investments
The new asset mix, approved by the Indiana Public Retirement System’s board late last month, includes a lower concentration of public equities.
Indianapolis Museum of Art preps for long CEO search
Finding a replacement for Maxwell Anderson could take six months to a year.
PROXY CORNER: Republic Airways Holdings Inc.
Republic Airways Holdings Inc. operates airlines and provides more than 1,500 flights daily.