Kmart’s announcement that it will close its store in Connersville in May will put 59 employees out of work. Fayette County,
where the city is located, already is strapped by steep job losses.
Indianapolis leaders are officially seeking proposals from companies interested in running the city’s parking operations—and
possibly additional spaces managed by other government entities.
Multimedia products maker World Media Group Inc. will invest more than $2 million to expand its manufacturing operations on
the east side of Indianapolis, increasing its workforce by 20 percent.
A side-by-side look at infrastructure and visitor numbers.
Dow AgroSciences CEO Antonio Galindez told investors Wednesday morning that the company plans to launch five products
by 2013 that could increase annual revenue by $800 million.
A report set to be released Wednesday by local life sciences industry group BioCrossroads says Indiana companies providing
contract pharmaceutical research and manufacturing services are weathering the economic downturn and are growing.
Cardinal Health notified the state on Feb. 3 that it laid off 37 workers at the end of January and plans to lay off 12 more
effective April 3.
The National Football League has trademarked “Super Bowl”—along
with “Super Sunday” and “NFL”—and is notorious for the lengths it will go to in order to protect
its brands.
Indianapolis Power and Light Co. is suing its engineering consultant over an industrial accident that spilled 30 million
gallons of polluted water into White River.
The name change reflects the completion of the company’s integration with Missouri-based Stark
Brothers Fulfillment, which Sigma Holdings acquired in 2007.
Many not-for-profits struggled to raise money in 2009, but a local agency that helps cancer patients said it actually saw
an increase in donations.
The uncertainty of health care reform and a bad economy curtailed venture capital flow in 2009.
Jason Konesco, 38, came to what was then called Indiana Business College in 1999 after working for Brightpoint
Inc.
The Indianapolis trucking firm is not among the weaklings and, if anything, will benefit from additional fleet
failures to the
extent it diminishes industry capacity.
Indianapolis car dealer Tom Wood died Thursday morning after battling lung cancer. Wood grew his business from a single dealership
he purchased in 1967.
Hillenbrand Inc. manufactures and supplies burial caskets, cremation products and related services to licensed funeral homes.
NAL Worldwide, which provides third-party logistics and supply-chain services, plans to close its Plainfield location March
31.
HHGregg’s profit and revenue both increased in its fiscal third quarter, despite a slight dip in same-store
sales. The opening of 19 stores helped offset the decrease.
