Cummins gets upgrade from Moody’s
The company’s rating rose one notch because it has taken steps to insulate itself from economic downturns.
IBJ Staff
Articles
NFP of NOTE: Central Indiana Land Trust
Through land protection, stewardship and education, the Central Indiana Land Trust protects natural areas, improving air
and water quality and enhancing life in our communities for present and future generations.
EDITORIAL: Deal for Pacers is worth making
Conseco Fieldhouse does not belong to the Pacers, but to the city. And we need the Indiana Pacers.
Gleaners CEO to step down after nearly 30 years
The 63-year-old head of the central Indiana food bank plans to leave after a nationwide search for her successor. She departs
as the group ramps up plans to move into a new headquarters.
IT staffing firm plans downtown expansion, 80 new jobs
Smart IT Staffing Inc said Wednesday morning that it plans to expand its Indianapolis headquarters, creating up to 80 new
jobs by 2014.
Federal agents raid University Loft headquarters
Agents descended on the contract-furniture maker to execute a sealed search warrant. A spokeswoman for U.S. Attorney Tim Morrison said no arrests were made.
Ohio manufacturer consolidates distribution in Indy
Cleveland-based Earnest Machine Products has signed a five-year lease for an existing 90,000-square-foot building in Park
100 on the city’s northwest side.
Indianapolis-area homes sales decline 10 percent
However, average home-sale prices for the area sprouted 7 percent from the same month a year earlier, to more than $159,000.
City makes $33.5M deal to keep Indiana Pacers
The city will contribute $10 million annually for three years toward Conseco Fieldhouse operating expenses. It also will provide
at least $3.5 million for capital improvements.
City receives $4.9 million for homeless initiatives
Federal funds will help provide 69 additional beds in three Indianapolis locations, including a large apartment
complex on the east side.
Van Rooy sweeps national maintenance ‘Olympics’
Three of the local firm’s employees beat 3,000 contestants nationwide at a competition in New Orleans.
EDITORIAL: Electric-car gang is ahead of pack
The drive to make central Indiana a leader in the use of electric vehicles is smart—regardless of where the money comes
from.
Miniature-car maker signs distribution deal with Target
Locally based GreenLight Collectibles recently signed a deal to have the retailer sell its 1:64-scale replica cars.
New energy-efficiency grants available to Indiana commercial, industrial firms
Conserving Hoosier Industrial Power, or CHIP, grants will range from $50,000 to $400,000.
Civic Theatre gears up for capital campaign
Actress and former Indiana Repertory Theatre staff member Megan McKinney has been hired to prepare for the three-year fundraising
initiative.
CSO Architects plans new headquarters in former Bally’s gym
The 24,000-square-foot former fitness facility at 8831 Keystone Crossing is vacant and falling into disrepair.
PROXY CORNER: Baldwin & Lyons Inc.
Baldwin & Lyons Inc. provides property-and-casualty insurance for various industries, including trucking.