Fast-growing Harrison College hires Trinkle as provost
Harrison College, formerly Indiana Business College, hired its first provost and chief academic officer as the for-profit
educator experiences rapid growth.
IBJ Staff
Articles
First Farmers acquiring CB Bank Shares
Converse-based First Farmers Financial Corp. said this morning it has agreed to acquire CB Bank Shares Inc. in Russiaville.
Carbon Motors files for $310 million loan
Carbon Motors yesterday filed for a $310 million federal loan to help it begin producing high-tech police cars in Connersville.
Local company acquires monster truck series
The Promotion Co Inc., an Indianapolis-based event promoter, said today that it has acquired the Monster Nationals series
of monster-truck shows from Image Promotions Inc. in Chardon, Ohio.
Vet supplier promises 30 jobs in Whitestown
Idaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in
Whitestown, creating more than 30 new jobs by the end of the year.
Noble Roman’s profit up, revenue down
Noble Roman’s Inc. late yesterday reported a larger profit in the second quarter, primarily due to its continuing efforts
to cut expenses by replacing company-owned restaurants with franchises.
City-County Council OKs hotel tax hike
The City-County Council voted 15-14 last night to approve raising the local hotel tax from 9 percent to 10 percent in a move
intended to help the cash-strapped Indianapolis Capital Improvement Board close a $47 million operating deficit.
Hill-Rom profit drops, beat expectations
Hill-Rom Holdings Inc. topped analysts’ expectations in its fiscal third
quarter even as hospital-spending cuts clipped its revenue by 9 percent, the company announced late yesterday.
State Fair planners expecting record crowds
Indiana State Fair organizers are anticipating this month’s longer fair will attract a record
crowd, but they are setting modest expectations.
Carmel tech staffing firm Sales Diesel closes
Sales Diesel, a Carmel company that provided salespeople for technology companies, appears to be out of business. The firm’s Web site was taken down last week and calls to its 11590 N. Meridian St. offices were not returned.
Charities gear up to provide school supplies, clothes
Two local organizations are trying to outfit thousands of kids before Indianapolis-area schools begin classes in August.
Study: Health reform would be drag on Indiana economy
If one of the more liberal health care reform proposals becomes law, Hoosier taxpayers would have to spend $425 more per
person every year for the next decade, according to a study released Aug. 4 by Florida-based conservative policy group Arduin
Laffer & Moore Econometrics.
Hamilton County Alliance spins off entrepreneurial center
The Hamilton County Alliance economic development group has spun off its Entrepreneurship Advancement Center, which serves
fast-growing startup businesses in Carmel, Fishers, Noblesville, Westfield and the rest of Hamilton County.
Finish Line execs sell shares en masse in recent months
Top executives at The Finish Line Inc. cashed in stock worth more than $10 million in recent months. They sold many of
the shares in July as the locally based athletic retailer saw its stock rise to a high for 2009 of about $9.
Brownsburg car detailer lands link to upcoming movie
Mike Shumaker’s Brownsburg firm Driven Auto Detail spiffed up a Porsche for the upcoming movie “Whistleblower,” starring Matt
Damon.
Colts sign trio of stadium sponsors
The Indianapolis Colts recently signed a three-year sponsorship deal with Carmel-based James Allen Insurance Brokers to
become one of the primary sponsors at Lucas Oil Stadium.
EDITORIAL: Restore Winona to city tax rolls
If Denver-based Ecolonomic Realty Group decides it wants to pursue a $25 million redevelopment of the old Winona Memorial Hospital site and presents a solid proposal, the city is in no position to turn down the tax revenue it would generate.
POWER BREAKFAST: Panel applauds progress, identifies challenges
A panel of five leaders of the state’s life sciences
industry took on a wide range of topics
July 24 at IBJ’s Power Breakfast
at the Westin Indianapolis.
Calumet Specialty suffers loss on falling sales
Calumet Specialty Products Partners L.P. this morning reported a loss of $26 million in the second
quarter due to high crude oil prices and flagging product demand.
Lilly offering buyouts to 4,000 sales reps
Indianapolis-based Eli Lilly and Co. today said it is offering buyouts to its U.S. sales force,
with hopes of trimming about 300 sales representatives before a sales restructuring set to begin in January, Reuters reported.