Locally based venture capital firms Cardinal Equity Partners and Centerfield Capital Partners have joined with Chicago-based
bank Harris NA to recapitalize the state’s largest independent physical therapy provider.
Julie Patterson, a former radio personality who’s been working for WISH-TV, will lead the marathon, which will be a qualifying
event for the Boston Marathon in 2010 and 2011.
Kahn’s Fine Wine & Spirits plans to open a second location in a former O’Malia Food Market at the northeast
corner of 86th Street and Township Line Road.
College Mentors for Kids won $80,000 in products and services from a host of local companies in the Indy Business Makeover
Competition. The winner was selected from among 10 finalists through online voting.
Indianapolis-based Miles Brinson Brown, also known as MB2 Advertising, is opening an office in Chicago Sept. 1. MB2 will be
represented by Account Coordinator Victor Tinnish in the Chicago market area.
The $100,000 Indianapolis Prize, given every other year for achievement in animal conservation, said novelist and Miami
Herald columnist Carl Hiaasen and actor Harrison Ford will be co-chairs for the September 2010 award.
Indiana’s top education official, Tony Bennett, ruffled feathers last month when he proposed increasing teacher expertise
in math, science and other subjects, and stripping red tape from teacher certification and hiring of administrators.
The federal government’s popular Cash for Clunkers program that ended Monday gave a boost to Kokomo’s Chrysler
plants.
The Indianapolis Newspaper Guild voted 56-45 today to ratify a new, two-year contract with the Gannett Co.-owned Indianapolis
Star
that includes a 10-percent pay cut and two-year wage freeze.
A filtration division of Columbus-based Cummins Inc. will move a large portion of its North American assembly operations to
a plant in Mexico to keep the business competitive, the company said today.
Home-sale agreements in the nine-county Indianapolis area dropped 3.1 percent in July over the same month a year ago, according
to a report released yesterday by F.C. Tucker Co.
Tipton Mills, a New York specialty beverage company, announced today it will locate a plant in Columbus, Ind., creating
more than 40 jobs.
Aircraft engine maker Pratt & Whitney will close its plant on Kentucky Avenue within the next 18 months and gradually
let go all 100 of its employees.
Kmart Corp. has notified the Indiana Department of Workforce Development that its Martinsville store will close Nov. 30, costing
48 employees their jobs.
Indianapolis-based Celadon Inc. said yesterday that it eked out a small profit in its fiscal fourth quarter, as the struggling
economy continues to batter the trucking industry.
Indianapolis-based Republic Airways Holdings Inc. and Southwest Airlines Co. will battle it out in a bankruptcy court auction
today for the rights to acquire Denver-based Frontier Airlines Holdings Inc.
IndyGo plans to buy six new hybrid vehicles for its transportation supervisors.
The Indiana University Board of Trustees have elected Fort Wayne surgeon Dr. William Cast to a two-year term as the board’s
president.
James B. “Jim” Rentschler, former general manager at the University Club of Cincinnati, has been named general
manager of The Columbia Club.
