Articles

Parts maker closing Fremont plant

A plant in Fremont that makes enclosures for electronics, computers and telecommunications equipment will close by Aug. 1, throwing 114 out of work, according to The Journal Gazette of Fort Wayne. The work is being consolidated at a plant in Urbana, Ohio. Both sites are owned by Rittal Corp., which is headquartered in Springfield, Ohio, […]

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DHL retreat leaves 323 Hoosier workers behind

DHL Express’ exit from the package delivery business in the United States will result in 323 workers losing their jobs in Indiana. Most of the jobs, 189, are in Indianapolis, according to the Indiana Department of Workforce Development. The rest are in Lafayette, Bloomington and South Bend. The layoffs will be finished by Jan. 23, […]

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Lilly chops 50 jobs at ImClone after merger

Fifty of ImClone Systems Inc.’s 1,280 employees have been laid off just two weeks after Eli Lilly and Co. closed its acquisition of the New York cancer drug developer, according to New Jersey Business. Nearly half of ImClone’s 70 sales people were eliminated. Most were focused on ImClone’s main drug, Erbitux. Indianapolis-based Lilly paid $70 […]

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Developer takes new stab at Fishers crossroads

Edgeworth Laskey Properties LLC is set to make an announcement tomorrow about a Fishers location it has attempted to develop for a decade. The site, west of Interstate 69 and south of 106th Street, has been targeted for an office complex since 1998. Tomorrow’s announcement is scheduled at Fishers Town Hall and is expected to […]

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Lilly mural sets Guinness record

The 1,230-foot-long mural painted by Eli Lilly and Co. workers in May has been named the largest paint-by-number mural by Guinness World Records. The mural, which stetches along a concrete retaining wall on Madison Avenue south of Lilly’s campus, was painted during a day when 8,400 employees beautified the city by planting trees, cleaning weeds […]

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Dow Agro could expand as parent shrinks

A sweeping round of plant closings and layoffs announced this morning by Dow Chemical Co. is likely to miss its agricultural arm, which is based in Indianapolis. Rather, the company said, Dow AgroSciences plans to continue hiring in Indianapolis and at its locations elsewhere in the world. “We are in the business of developing innovation […]

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Laid-off Pfizer workers start test lab

Five of the 800 people who worked at Pfizer Inc.’s manufacturing plant in Terre Haute before it closed nearly a year ago have started a company that will offering testing for drug and food companies. Midwest Compliance LLC will be assisted by Terre Haute Innovation Alliance, a consulting service based at Indiana State University. Ex-Pfizer […]

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Maurer gift is IU’s fourth largest

IBJ co-owner Michael Maurer’s $35 million gift to the Indiana University School of Law in Bloomington is the fourth largest
from an individual in the history of the university.

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IRL’s Danica Patrick tops most-searched list on Web

Indy Racing League driver Danica Patrick topped golfer Tiger Woods, quarterback Tom Brady and Super Bowl champion Eli Manning
as the most searched-for athlete in 2008, according to America Online’s annual list of top Web, mobile and video searches.

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Clarian plans to slash salaried staff positions

Losses in Clarian Health’s investment portfolio will force cutting 5 percent from next year’s operating expenses, a spokesman for Indianapolis’ largest hospital system said today. The cuts will involve salaried employees, but it’s too early in the 2009 budgeting process to project the number of lay-offs or which positions will be targeted, said spokesman James […]

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Ontario Systems axes 126 employees

Muncie-based Ontario Systems LLC laid off 126 of its roughly 500 workers yesterday, The Star Press reported. Most of the affected employees were at its home office, but a few were in the Columbus, Ohio, suburb of Berlin. The developer of debt-collection software said the action was necessary to align costs with revenue. Ontario was […]

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Kite Realty chairman retires, son takes over

John A. Kite has replaced his father, Alvin E. Kite, as chairman of Kite Realty Group Trust, the Indianapolis-based developer. John Kite had been president, CEO and a board member.  He has dropped the title of president, and the position has been taken up by Thomas K. McGowan, who had been senior executive vice president […]

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Katz Sapper tech arm buys Digitech

A technology support company owned by Indianapolis accounting firm Katz Sapper & Miller Co. has acquired Digitech Inc., a local consulting and network services firm, for an undisclosed price. KSM Business Technology, which has nearly 300 employees, will absorb all six Digitech workers and provide a seamless transition for its mid-size clients, KSM said today. KSM […]

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Celadon buys Arkansas trucking firm

Indianapolis long-haul trucking firm Celadon Group Inc. has acquired the assets of Continental Express Inc., a trucking company headquartered in Little Rock, Ark., for $24 million in cash. The assets include 400 tractors and 1,100 trailers – enough to boost Celadon’s rolling capacity by about 13 percent. Also included are Continental’s truckload, intermodal and brokerage […]

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