City says it will keep library branches open
Details of a plan to assist the Indianapolis-Marion County Public Library have yet to emerge, but city leaders are pledging
their support to shore up a widening budget gap.
IBJ Staff
Articles
Mayor unveils infrastructure-improvement plan details
City would use $425 million expected from selling the city’s water and sewer utilities to Citizens Energy Group to upgrade
city streets, sidewalks and bridges.
Chrysler plans to spend $300M retooling Kokomo plants
Investment in transmission and casting plants, however, hinges on city’s ability to offer tax abatement.
Tax credits help boost April home sales in central Indiana
Home-sale agreements surged 33.8 percent in the Indianapolis area in April as buyers rushed to beat the deadline for federal
tax incentives.
Packaging manufacturer plans 22 jobs in Westfield
Carmel-based CPS Inc. is moving into an existing 64,800-square-foot building and will begin hiring in July.
Cabela’s revs up expansion, but leaves Greenwood off list
The Nebraska-based outdoor retailer plans to open new stores again after a two-year, recession-induced halt on expansion.
But the company is not reviving its plan for the 96-acre plot it owns in Greenwood.
Local funeral home operator in Michigan jail
Robert Nelms will spend at least a month in jail until the sale of Memory Gardens Management Corp. is complete. He is awaiting
sentencing in Michigan and faces up to three years in prison.
Finish Master profit slides
Recession aftermath continued taking a toll on sales of paint for auto repairs.
Noble Roman’s reports lower profit, revenue
Indianapolis-based pizza and sub chain saw a decline in royalties and ongoing fees from franchisees in the first quarter.
EDITORIAL: Celebrate victory over apathy by voting
Isn’t it great to live in a country where citizens have a say in who serves in every public position from president
to school board? Wouldn’t it be even better if citizens actually took that privilege seriously and went to the polls?
Indiana’s growth in life sciences jobs beats national average
Bloomington led the nation as the No. 1 small city in medical devices and equipment.
NFP of Note: CICOA Aging & In-Home Solutions
CICOA’s mission is to help older persons and
those of any age with a disability to live with the greatest possible independence, dignity and quality of life.
Sahm’s to open tavern in downtown Indianapolis
The bar and restaurant will take about 3,600 square feet in the building, which has OneAmerica and ExactTarget as its anchor
office tenants.
Interfaith Hunger Initiative hopes Dalai Lama draws crowd
The group hopes to raise as much as $100,000 in conjunction with May 14 talk at Conseco Fieldhouse.
Indianapolis Economic Development Inc. becomes Develop Indy
Develop Indy was often confused with other business development groups, particularly the Indiana Economic Development Corp.
Indiana has millions to pass out for renewable energy projects
The federal money is for renewable energy systems, energy-efficiency improvements, energy audits and renewable-energy feasibility
studies.
Masonic Home plans $8M assisted-living center in Franklin
Groundbreaking will be held May 16 to mark start of construction on center to be built on 300-acre campus.
Kite reports first-quarter loss on lower revenue
Developer’s $1.1 million loss in the first quarter reflected lower construction activity and lower gains on land and outlet
sales.