EDITORIAL: Bold moves show results
There’s something refreshing and inspiring about individuals who set ambitious goals and throw themselves into
meeting them.
IBJ Staff
Articles
Hurco posts quarterly, yearly losses
The company attributed its losses to the ongoing global recession and the credit crunch that has made it difficult for businesses
to obtain financing to purchase Hurco’s products.
Former Visteon plant lined up for Carbon Motors
Atlanta-based Carbon Motors is a step closer to producing its high-tech police cars in Connersville after a bankruptcy
judge authorized auto-parts maker Visteon Corp. to sell a closed plant to the city for $500.
Indiana Black Expo takes control of Circle City Classic
With the move, IBE hopes to rejuvenate the annual football game and related events, which have been suffering from declining attendance.
Holiday Wish List
Here is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
INDOT using federal funds to improve transportation options near schools
The Safe Routes to School program “aims to influence a new generation of healthy, sustainable travel
behavior,” says INDOT.
Fishers-based Buckaroo Marketing grows with acquisition
The firm founded in 1999 recently announced it bought Indianapolis-based Zent Consulting. Financial terms
of the deal were not disclosed.
Noble of Indiana to provide in-home services to disabled
The service will launch in February. Its goal is to serve 15 clients by June 30, 2010.
Health care reform would push state to hike Medicaid pay to docs
An actuarial report prepared by the local office of Milliman Inc., a Seattle-based consulting firm, projects
that the state of Indiana would have to hike its Medicaid payments by one-third in order to entice more
doctors into the program.
Loss of partner at accounting firm Greenwalt Sponsel results in new name
The firm is now Greenwalt CPAs following the departure in September of Tom Sponsel, who launched Sponsel CPA Group.
Danica Patrick’s NASCAR move could fuel MainGate growth
MainGate holds an exclusive license to make and sell Patrick’s IRL-centric merchandise, and is
now in negotiations with New York-based IMG to get part of her NASCAR-related business.
EDITORIAL: Loss of tennis tournament an ominous sign for city
It’s hard to fathom how Indianapolis lost the Indianapolis Tennis Championships—an event with 90 years of history—without
anyone in the city sounding an alarm.
PROXY CORNER: Calumet Specialty Products Partners
Calumet Specialty Products Partners LP processes crude oil into lubricating oils, solvents and waxes, as well as into gasoline, diesel and jet fuel.
South Bend mental health facility cutting 100 jobs
The Madison Center in South Bend has notified state officials that 100 employees at the mental health facility will lose their jobs.
Conseco wins dismissal of GM Building lawsuit
A U.S. District judge threw out the lawsuit against Conseco, saying the company’s emergence from bankruptcy in September
2003 wiped out prior legal claims.
University of Indianapolis names new business dean
Sheela Yadav, a supply chain and engineering management expert, has been interim dean since July 2008.
Company’s medical device earns expedited review
FAST Diagnostics LLC said initial human trials on its method to measure kidney function faster and more accurately than existing
techniques could begin as early as next year, with commercialization following by 2012.