Union representing Star employees settles suit
Details of the confidential agreement were not made public. The union said in a letter to Star employees that the eight will receive a financial settlement but will not be rehired.
IBJ Staff
Articles
BPG sells trio of Keystone Crossing buildings
An affiliate of Pittsburgh-based PWA Real Estate LLC snapped up the three buildings for $15.5 million. The largest totals more than 100,000 square feet and houses such tenants as General Casualty Co., 20/20 Institute and M/I Homes.
$150M ‘North of South’ project moving ahead
Officials are announcing details of an ambitious downtown development planned for 10 acres Eli Lilly and Co. owns near its Indianapolis headquarters. The project will include a hotel, apartments, restaurants and retail space and a YMCA.
Raytheon’s local plant lands $42M Navy order
Raytheon Technical Services Co. in Indianapolis has scored a $42 million contract to make forward-looking infrared sensors for the U.S. Air Force’s HH-60G helicopter, the Department of Defense said late last week.
Ford laying off 249 at doomed east-side steering plant
Ford Motor Co. is continuing the process of shutting down a subsidiary’s east-side steering plant, filing a notice with the state that it intends to lay off 249 employees around Nov. 19.
Call-center firm plans 600 hires in Lafayette
Alorica Inc., headquartered in Chino, Calif., said it will begin hiring customer service representatives, supervisors and other personnel starting next week—fulfilling a pledge it made more than a year ago.
Museum group recognizes ‘Indiana Experience’ exhibit
The Association of Midwest Museums recognized the attraction for bringing history to life.
TechPoint broadens agenda for annual technology summit
This year’s event will look at trends in so-called clean technologies.
EDITORIAL: Tough economy exacerbates charities’ needs
Recent economic times have been tough on many Americans. But those who already were suffering most often have taken the hardest blows.
NFP of NOTE: NPower Indiana
NPower Indiana's mission is to inspire and enable Indiana not-for-profits to use technology to better serve their communities.
Indianapolis Black Alumni Council hosting college fair
The fair at Crispus Attucks Medical Magnet High School will introduce students to post-secondary opportunities at historically black colleges.
Owner of Stutz studio opening gallery in Carmel
The opening is a homecoming of sorts for Kathleen O’Neil Stevens, who formerly operated a studio-gallery for her own work on East Carmel Drive.
City meets deadline to get federal money for housing projects
The $29 million will be used to acquire and demolish or rehabilitate foreclosed and abandoned homes.
Four Hoosiers among richest Americans; Irsay ascends
Indianapolis Colts owner Jim Irsay is moving up the ranks of the richest Americans a year after making his way onto the Forbes 400 list of the nation’s wealthiest people.
Schlage acquires Fusion door-hardware division
Schlage’s purchase of the Georgia-based company’s division gives it immediate access to the decorative door hardware and lock market, the company said.
Indiana’s unemployment rate remains flat
The state’s jobless rate in August remained unchanged from the previous month’s figure of 10.2 percent. The loss of seasonal government and manufacturing jobs offset the addition of 3,000 private-sector jobs.
Angie’s List snags $22.5 million investment
The Indianapolis-based consumer review and rating service said it will use the investment to expand its health and wellness consumer review product, as well as its coupon program, “The Big Deal.”
Harding Dahm drops Grubb & Ellis, strikes merger deal
Harding Dahm & Co., which ranked sixth on IBJ’s most recent list of commercial brokerages, will become Lee & Associates Indianapolis. Terms of the deal were not disclosed.