New hotel tax in Johnson County would fund horse park, tourism bureau
Johnson County officials this month approved a 7-percent tax on hotel-room stays.
IBJ Staff
Articles
Bloomington company gets grant to continue work on wearable supercomputer
A Bloomington company has won a government grant to continue its development of a wearable supercomputer.
BSU football scores record TV ratings, attendance boost
The Ball State University victory over Central Michigan University Nov. 19, televised live on ESPN2 and seen in more than
1.6 million homes, ranks as the most-viewed and highest-rated college football game ever for a Tuesday or Wednesday night
on the network.
Lawrence Township School Foundation
The mission of the Lawrence Township School Foundation is to encourage and support creativity, innovation and excellence that
enhances the educational community of the Metropolitan School District of Lawrence Township.
Quest to improve corridors continues in Lebanon
The corridors leading into downtown Lebanon are a step closer to becoming more attractive.
My Health Care Manager goes national
Less than three years into its life, Indianapolis-based My Health Care Manager is going national.
Smoking ban smolders
Hancock County commissioners on Dec. 8 tabled a strict no-smoking ordinance for the county.
IT veteran to teach entrepreneurship class
Indiana University will offer a new course on entrepreneurship in the information technology sector at the IU School of Informatics
at IUPUI next semester.
Hamilton County businesses expand
Despite the recession, Hamilton County continues to enjoy economic growth from both old companies and new ones.
Generic meds cost more than consumers realize
Generic drug makers drive up the cost of name-brand drugs developed by locally based Eli Lilly and Co. and other pharmaceutical
firms.
Conference center plan for Hendricks County gets positive interest
A recent feasibility study came out in favor of creating a small conference center with an adjoining hotel near Interstate 70 and State Road 267, the Hendricks County Convention and Visitors Bureau said. The study found that planners nationwide have interest in a conference center there for two reasons: the new midfield terminal at Indianapolis […]
Givers get strategic
Wealthy people are getting more advice from hired professionals and less from peers and not-for-profit personnel when
making
decisions about charitable giving, a new study shows.
IU chief plans salary freeze for administrators
Indiana University President Michael A. McRobbie this morning announced that he plans to freeze salaries for senior administrators in the 2009-10 fiscal year, a move that would save more than $2 million. The freeze would apply to as many as 400 employees. The move is McRobbie’s latest effort to respond to the recession and slumping […]
Report: Indy, Louisville to share FFA convention
The lucrative National FFA convention will be split between Indianapolis and Louisville from 2013 to 2019, the Louisville television station WHAS-TV Channel 11 reported last night, citing unnamed sources familiar with an announcement planned this morning. Indianapolis snatched rights from Louisville to host the convention from 2006 to 2012 after Louisville had seen the blue-jacketed […]
Parts maker closing in Crawfordsville, idling 461
Crawfordsville-based auto parts maker Friction Holdings LLC announced today that it will stop operating in February, throwing 461 employees out of jobs in the city northwest of Indianapolis and another 171 at a plant it operates in Mississippi. The company said it lost a large chunk of business, and couldn’t cut costs enough to compensate. […]
Construction equipment service acquired
Newman Equipment Inc., a southwest-side company that sells parts and services for excavators and material handlers, has been acquired by Reco Equipment Inc. of Morristown, Ohio, for an undisclosed price. The name of the Indianapolis company, which has five mechanics and trucks, has been changed to Reco. The deal adds central Indiana to Reco’s footprint, […]
OrthoIndy planning Greenwood center
OrthoIndy and its Indiana Orthopaedic Hospital will open an outpatient center on the south side in the fall of 2010, they announced today. The 75,000-square-foot building will be similar to a center they opened in Brownsburg in September. It will be east of I-65 and south of County Line Road in Greenwood. The location is […]
Cummins curtails revenue, profit forecast
Columbus diesel engine maker Cummins Inc. today said the slowing economy has forced it to revise its 2008 outlook downward. Sales will rise 9 percent rather than the previous guidance of 12 percent, and profit will increase 9 percent instead of 10 percent. Most of the declines are coming in its engine and components businesses, […]
Hurco profit plunges with global economy
Profit plummeted 40 percent for Hurco Cos. Inc. in its fourth fiscal quarter, the Indianapolis machine tool maker reported today. The decline to $3.4 million in the period ended Oct. 31 was caused by the slumping global economy, Hurco said. Sales edged up slightly in Europe, but fell in North America and dropped by more […]
Think tank names WellPoint strategist as director
Daphne Clark, whose roles at WellPoint Inc. have included serving as chief of staff to CEO Angela Braly, has been tapped to direct the Medical Technology Leadership Forum. The forum is the not-for-profit think tank that’s moving this month from Minneapolis to the Indiana University Research and Technology Corp. campus on Indianapolis’ downtown canal. From […]