Company expanding solar unit, plans to add 120 jobs
Fort Recovery Construction & Equipment in Portland plans to invest $1.9 million to accommodate research, development
and production of solar thermal collector panels.
IBJ Staff
Articles
Bank On Indy initiative nearing first-year goal
Program that aims to reach local population without bank accounts so far has helped more than 7,500 people open an account.
Attorney General files suit against local publisher
Attorney General accuses David Caswell and New Century Publishing of violating state consumer protection laws by accepting
payment without providing publishing services. IBJ reported July 30 that several authors had paid New Century for books but
never received them.
Prospective GM plant buyer pleads case in advertisement
JD Norman Industries advertisement tells employees that its proposal to buy the plant would guarantee
their GM transfer rights without having to close the facility.
IndyGo airport route extended through 2011
The bus system’s announcement in May that its current service and fare structure will remain intact through 2011 helped to
extend the life of the route.
Hybrid-motor sales help boost Remy’s quarterly results
Pendleton-based company reported both higher profit and revenue, helped by a 20-percent increase in hybrid-motor sales.
Greenwood businessman arrested for plan to commit arson
The arrest of Daniel Annee, 46, follows an investigation in which he is alleged to have paid an undercover agent, posing as
an arsonist, $500 to burn down a building he co-owned at 431 E. Hanna Ave.
Loogootee losing 95 jobs to bedding plant closure
Perfect Fit Industries, a supplier of bedding accessories such as mattress pads, pillows and comforters, will shut down its
facility in southwest Indiana by the end of the year.
Biomet investing $26M to expand, create nearly 280 jobs
Orthopedics giant Biomet Inc. plans to invest $26 million to grow operations in its hometown of Warsaw, adding 278 jobs by
the end of 2012.
Indianapolis retailers plan new stores, relocations
A new restaurant near Lucas Oil Stadium is among several new or relocated retailers around the city.
Centers for Working Families expanding in Indianapolis
The Indianapolis chapter of Local Initiatives Support Corp. will receive $500,000 to open more of its one-stop centers that
help the working poor develop, grow and protect their assets.
Publicis snags three clients, expects strong 2010
The Indianapolis agency has scored a string of new accounts, and company officials say revenue will be up this year.
Architects to temporarily transform downtown Indianapolis parking spaces
In celebration of “PARK(ing) Day,” the Indianapolis chapter of Architecture for Humanity will convert 10 parking
spaces in front of the Borders bookstore on Meridian Street at Washington Street into a curbside landscape.
Two Indianapolis accounting firms make top 100 list
Katz Sapper & Miller LLP and Blue & Co. LLC again are the only two local accounting firms to crack Inside Public
Accounting’s annual top-100 list.
EDITORIAL: Raising parking fees is wise step
It isn’t difficult to grasp the reasoning behind Mayor Greg Ballard’s proposal to privatize the city’s
parking operations.
NFP of NOTE: Down Syndrome Indiana
Down Syndrome Indiana is dedicated to enhancing the lives of individuals with Down syndrome.
Edward Jones eyeing Indianapolis expansion
The St. Louis-based financial services firm plans to add 62 branches within the next five years here to complement the existing
90 locations it already has in the city and surrounding counties.
Life sciences panel pegs bright spots in Indiana
Leaders tackle issues ranging from research to cold storage to the future of Eli Lilly and Co.