Calumet selling 3 million shares in secondary offering
Calumet Specialty Products Partners LP is selling 3 million shares of common stock to pay debt and to finance requirements
of an agreement with another company.
IBJ Staff
Articles
Miller Pipeline purchases Illinois-based contractor
Indianapolis-based Miller Pipeline Corp. announced Monday morning that it has purchased Illinois-based Elcon Pipeline Inc.,
marking the company’s fifth acquisition in the past four years.
EnerDel parent receives $20M investment
The parent of EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, announced Monday morning that it
has received about $20 million in investment capital from a Japanese company.
Delphi to supply Allison with hybrid components
Indianapolis-based Allison Transmission Inc. announced Monday morning that it has entered into a long-term agreement to have Delphi Automotive Systems Inc. supply it with hybrid drive-system components and energy-storage systems.
Cookware plant closing in Fort Wayne, idling 190 workers
Fort Wayne-based Lincoln Foodservice Products Inc. has notified state officials that it will close its “small wares”
plant there and let go 190 employees.
Holiday Wish List
Here is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
Airport adds events to draw more people, revenue for vendors
One of the first things new airport CEO John Clark said he wanted to do was to squeeze more use—and revenue—out
of the new airport terminal’s Civic Plaza space.
Motorsports industry show to stay here through 2015
The inaugural show opened Dec. 2 at the Indiana Convention Center, and is expected to draw more than
10,000 attendees.
Sarah Fisher Racing triples size of race shop on city’s west side
The team moved just a few suites down from its Park 100 facility, but officials said it’s a big move
for the Indianapolis-based Indy Racing League operation.
Lilly Endowment gives International Center $500,000 for 2010
The not-for-profit will use the money to fund existing programs, such as the U.S. State Department’s International Visitor
Leadership Program, and begin new ones.
Health care reform could drive more people to buy their own insurance
If Congress passes health care reform, more people will become like Juli Erhart-Graves, whose family spends nearly 18 percent
of its income on health insurance and out-of-pocket medical costs.
NFP of NOTE: Little Red Door Cancer Agency
Little Red Door Cancer Agency is committed to serving people with cancer in the greater Indianapolis area and surrounding
counties who lack financial means or adequate insurance.
EDITORIAL: Dodson, Durham take different approach to doing business
This week’s issue features stories about two local businessmen. Both are native Hoosiers in their late 40s who showed
entrepreneurial instincts at a young age. But the similarities end there.
Ivy Tech names new academic programs chief
Mary Ostrye, 52, will have oversight of 150 different academic programs at Ivy Tech’s 23 campuses around the state.
IT firm receives abatement for job-growth plans
Indianapolis’ largest computer consulting firm on Wednesday received property-tax abatement relating to its plans to
create 200 high-paying jobs and invest $600,000 in new equipment.
Clarian Federal Credit Union acquires Community Choice
The combined firm will have more than 8,700 members and more than $20 million in assets.
Part of Mississippi’s Zyprexa case against Lilly dismissed
Indianapolis-based Eli Lilly and Co. has won a bid to dismiss part of a negligence lawsuit brought by Mississippi that alleges
improper marketing of antipsychotic drug Zyprexa for unapproved uses.
Trailer maker plans to add 100 jobs in Peru
Peru recreational vehicle maker Riverside Travel Trailer Inc. will expand its Miami County operations, creating 100 new jobs
by 2011, the Indiana Economic Development Corp. announced Wednesday morning.