IBJ Staff
Articles
Roche acquires assets from Virginia IT company
Terms of the deal, announced on Wednesday, call for Roche to acquire all the assets associated with Medical Automation Systems Inc.’s point-of-care information technology connectivity system.
ChaCha lands $20 million venture investment
The funding comes from new investors VantagePoint Venture Partners and Rho Ventures. Since its inception in December 2005, ChaCha has raised more than $50 million, including $7 million earlier this year from a venture capital fund.
Heating bills should be cheaper this winter, utility says
Citizens Energy Group projects that the gas bill of its average residential customer will decline about 7 percent over the winter heating season. The utility said a customer who uses the typical amount of natural gas will spend $580, down from $620 last season.
Home sales continue to slump, but prices rise
Home-sale agreements in the nine-county area fell 22.8 percent in September when compared with the same month a year earlier, according to a report released Tuesday by F.C. Tucker Co.
Ruling cuts $42M award for state workers seeking back pay
An appeals court said union workers were eligible for just a couple of months of back pay, rather than for 20 years of back pay.
East-side distribution center with 80 workers set to close
Oshkosh, Wis.-based Hoffmaster Group said the plant at 2525 N. Shadeland Ave. will permanently close by Feb. 28. The facility distributes paper plates, napkins and party invitations.
Local environmental contractor declares bankruptcy
Indianapolis-based ESI Environmental Inc. filed for Chapter 7 liquidation in U.S. Bankruptcy Court. The firm was the area's second-largest environmental contractor based on revenue, according to the most recent IBJ statistics.
IHSAA launches Internet television network
The site, www.ihsaatv.org, will broadcast high school state championship games, as well as other high school sports-related content.
Beckman Coulter plans $18.2M expansion, 100 new jobs
California-based life sciences firm Beckman Coulter Inc. is planning its third local expansion since 2007, investing $18.2 million in its Indianapolis operation and adding as many as 95 jobs here in the next three years.
Funds available for legal research
The Indiana Humanities Council and the Indiana Supreme Court are collaborating on a new grant project to support research, documentation and educational projects related to Indiana’s legal history.
EDITORIAL: Time to change utility regulation
Conflicts of interest shouldn’t happen, but one that made news this month should inspire legislation to slow the revolving door between the Indiana Utility Regulatory Commission and the utilities it is supposed to watch.
Funding about to expire for IndyGo’s north-suburban routes
The luxury coach routes from downtown to Fishers and Carmel were launched three years ago and have been popular among suburban commuters.
Newsweek notes safety record of Carmel’s roundabouts
Carmel leads the nation in revamping intersections and has seen an 80-percent drop in injury accidents as a result, the magazine noted.
City not impressed with fixes proposed by Di Rimini developer
Developer Jeff Sparks met with city planners Oct. 1 to propose fixes to the apartment project at Capitol Avenue and St. Clair Street.
United Way steps in to help Morgan County’s flood repair
The grant came from a $45 million pool created by Lilly Endowment Inc. in 2008.
Georgia Street reconstruction project starts underground
Work is under way on the $12.5 million transformation of a three-block stretch between Pennsylvania Street and Capitol Avenue into a pedestrian-friendly corridor.
NFP of Note: YMCA of Greater Indianapolis
YMCA of Greater Indianapolis puts Christian principles into practice through programs that build healthy spirit, mind and body for all.