PROXY CORNER: First Merchants Corp.
Muncie-based First Merchants Corp. operates about 80 banking offices, nearly all in Indiana.
IBJ Staff
Articles
Centerfield invests in California company
Centerfield Capital Partners’ investment in Fresh Food Concepts Inc. is the 12th deal from the local venture capital firm’s second fund.
Skillman won’t run for governor’s seat in 2012
Lt. Gov. Becky Skillman issued a statement Monday morning announcing that “minor” health issues will keep her from running for Indiana governor in 2012.
Duke Realty planning $967M in property deals
The Indianapolis-based real estate investment trust said it will sell 3.1 million square feet of suburban office space for $516.7 million and buy 4.9 million square feet of mostly industrial space for $450 million.
Deal saves Carmel, Fishers commuter bus routes
The service, funded for the last three years by a federal grant that expires on Dec. 31, 2010, was set to end on that date unless new arrangements could be made.
Airport consultant presents long-term land-use plan
Much-hyped study won’t portend immediate investment, but will help steer development on and around airport through 2040.
State unemployment rate dips to 9.8 percent
Indiana’s jobless rate dropped for the second month in a row and has decreased four-tenths of a point since hitting 10.2 percent this summer.
Rolls-Royce scores more military business
Rolls-Royce Corp. landed more than $100 million in new business this week, winning two contracts to provide support for aircraft engines it makes in Indianapolis for the U.S. Army and Navy.
2010 Holiday Wish List
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
NFP of NOTE: Little Red Door Cancer Agency
Little Red Door is committed to serving people with cancer in the greater Indianapolis area and surrounding counties who lack financial means or adequate insurance.
EDITORIAL: Have faith in fantasy despite real-life woes
Some days, it’s hard to believe in Santa Claus. It’s altogether too easy to be “affected by the skepticism of a skeptical age,” as the New York Sun’s Francis Pharcellus Church wrote in his famous response to an 8-year-old girl’s inquiry about the existence of the Jolly Old Elf.
Commuter bus might be saved
Routes to Carmel and Fishers that were to be discontinued at the end of the year are on the verge of being rescued.
Pacers still fighting to draw bigger crowds
Attendance has improved since the team’s league-worst mark in 2007-2008, but cracking the 15,000-per-game mark is a struggle.
Retailers scout new Indy-area locations
Several restaurants, including three pizza chains, and an adult-oriented retail store are planning new locations around the city.
Basiles donate to new Wishard Hospital
$300,000 from the local philanthropists is the hospital’s first naming-rights gift.
Ganassi locating two new race teams in Brownsburg
Izod IndyCar Series team owner will invest $3.3 million and create up to 30 jobs. Ganassi plans to begin hiring employees immediately to prepare for the start of the 2011 season.
Houston-based company purchasing Gold Club
The deal, expected to close by the end of the year, is valued at $1.6 million, including real estate. It will be Rick’s Cabaret International Inc.’s first location in Indianapolis.