Eiteljorg Museum’s Western art show generates more than $1M in sales
The sale is the only one of its kind east of the Mississippi River.
IBJ Staff
Articles
PROXY CORNER: Calumet Specialty Products Partners LP
Indianapolis-based Calumet Specialty Products Partners LP processes crude oil into customized lubricating oils, solvents and waxes, as well as into gasoline, diesel and jet fuel.
EDITORIAL: City’s parking plan needs work
Mayor Greg Ballard strikes us as someone who puts pragmatism over politics. That’s why we’re hopeful he’ll reconsider details of the controversial plan to turn over the city’s metered parking to a private vendor.
Tech companies adding 314 jobs in Zionsville
Two tech companies located in Northwest Technology Center in Zionsville plan to invest $3.6 million and add 314 jobs over the next four years, officials announced Wednesday morning.
Filmmaker Low planning Indy 500 movie for IMAX 3D
The award-winning filmmaker behind such giant-screen gems as “The Ultimate Wave” and “Super Speedway” is developing an IMAX 3D movie focused on the Indianapolis 500-Mile Race and the evolution of motorsports.
Library slashes hours, to close main branch on Thursdays
A big reduction in hours is expected to save the Indianapolis-Marion County Public Library about $1.5 million next year, as it grapples with a $4 million revenue shortfall.
Cummins awarded $6.9 million Army contract
The three-year deal calls for the Columbus, Ind.-based diesel engine manufacturer to develop a power train that improves efficiency by reducing fuel consumption and noise, and can run on a wide range of fuels and fuel mixtures.
Caterpillar seeks tax abatement for Franklin plant
Caterpillar Reman Powertrain is requesting the tax break to offset costs related to a $13.6 million investment the company says will help retain 338 factory jobs.
Greencastle auto supplier cutting 202 employees
International Automotive Components Group said the layoffs will occur in two stages—on Nov. 10 and again on Dec. 13. Expiring contracts are responsible for the cuts, said a company spokesman, who added that the employees could be recalled.
City lands national law enforcement convention
Indianapolis will host the National Organization of Black Law Enforcement Executives’ annual meeting in July 2015, expected to attract more than 1,500 visitors and generate more than $2 million in visitor spending.
Airport chief out of running for Atlanta job
John Clark III, executive director of the Indianapolis Airport Authority, has withdrawn his name from consideration for the top position at Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport.
Canadian company buying 12 Crystal Flash stores
Alimentation Couche-Tard Inc. said on Friday that it expects to complete the acquisition of a dozen Indianapolis stores this month. Couche-Tard is the largest independent convenience store operator in North America.
Beck’s Superior Hybrids plans $24.5M expansion
A Hamilton County seed company has plans to expand its facilities, creating as many as 72 jobs over the next five years, state economic development officials said Friday morning.
Indy Racing League signs deal with Verizon
Financial terms of the deal were not released, but industry sources said the multiyear deal is valued at $1 million annually for the open-wheel race series.
Simon, former executive settle fraud suit
Mark Palombaro, a former senior vice president of development, will pay the company $766,000, settling a lawsuit that accused him of getting kickbacks on construction contracts.
Fishers shopping center lands new tenants
Kite Realty Group Trust has landed Goodwill, Dollar Tree and Mexico City Grill for a renovation of its Fishers Station shopping center.
Indianapolis Museum of Art to present at international competition
A team of Puerto Rican artists sponsored by IMA will represent the United States in an exhibition in Venice.