Former funeral director facing 14 felony charges
A former Indianapolis funeral director is facing 14 felony charges for corrupt business influence, forgery and theft after
a grand jury investigation.
IBJ Staff
Articles
Johnson & Johnson warehouse plans to add 465 jobs
Hendricks County distribution facility in new 70 West Commerce Park scheduled to open in mid-2011.
OrthoWorx initiative names executive director
Not-for-profit launched last year by BioCrossroads and Indiana’s orthopedic companies names Zimmer Inc. executive Brad Bishop
to lead the initiative.
SynCare withdraws abatement request
Locally based SynCare LLC has withdrawn a request for a property tax abatement tied to the creation of 114 jobs. SynCare owner
Stephanie DeKemper said she pulled the request to ensure the employment projections are accurate.
Shoe Carnival profit beats estimates
Evansville-based retailer earned $9.2 million in its fiscal first quarter, on strong sales of athletic and toning footwear.
Health care firm plans to create 114 jobs
SynCare LLC’s expansion hinges on city approval of property tax abatement. The Metropolitan Development Commission is set
to vote on the request Wednesday.
EnerDel parent lands $65M investment
The parent company of lithium-ion battery maker EnerDel has landed a $65 million investment from its largest shareholder.
Local liquor chain buys four stores in Kentucky
United Package Liquors’ purchase of Bowling Green locations could be start of larger company expansion, CEO and president
says.
Bren Simon makes $21M California land purchase
The Ventura County properties include 100 acres in Hidden Valley, near Thousand Oaks, The Wall Street Journal said.
Two lots have homes and the third is used for livestock operations.
I-69 connection staying put, even with higher costs
Some have suggested moving it west, through less-populated Morgan County, to tie into Interstate 70 near Indianapolis International
Airport.
EDITORIAL: Executive pay policies, not salaries, need reform
In the wake of a recession blamed largely on Wall Street, boards need to act. But reducing executive pay shouldn’t
be their primary objective.
Girl Scouts of Central Indiana moving to new headquarters
CEO Deborah Hearn Smith said the move will eventually bring a cost savings, but it has other benefits.
PROXY CORNER: Simon Property Group Inc.
Simon Property Group Inc. is a real estate investment trust that owns, operates, manages, leases and develops regional malls and community shopping centers.
Finish Line co-founder retiring as chairman
Alan Cohen will be succeeded by Glenn Lyon, who will retain his position as CEO.
HHGregg’s profit slips despite higher revenue
HHGregg had a profit of $10 million, or 25 cents per share, in the quarter ended March 31 on revenue of $417.2 million.
Hat World to acquire Sports Avenue stores
Locally based Hat World has agreed to acquire the assets of Sports Avenue, an Illinois-based competitor that operates 46 retail
stores and 13 branded e-commerce sites. Terms of the deal where not disclosed.
Football coaches’ group to convene in Indianapolis
The four-day events in 2014 and 2019 are expected to draw about 7,000 attendees each and fill a total of more than 20,000
room nights, likely ranking among the city’s 25 largest conventions each year.
Local firm to manage city’s infrastructure initiative
American Structurepoint has been tapped by the Department of Public Works as program manager for the city’s “RebuildIndy”
infrastructure-improvement initiative.