Articles

Bill would slow legislator-lobbyist revolving door

A prominent state senator filed a bill this week that would require retiring legislators to wait at least one year before they could lobby members of the Indiana General Assembly. Under the legislation proposed by Sen. Patricia Miller, R-Indianapolis, lawmakers who retire after June 2009 couldn’t register as a lobbyist before June 2010. The state […]

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More layoffs slated for Great Dane trailer plant

Economic turbulence has prompted Great Dane Trailers to severely curtail operations at its Terre Haute plant, but another plant in western Indiana operated by the truck-trailer maker has dodged a massive closing. Great Dane Trailers plans to lay off about 115 employees at its Terre Haute plant, leaving 115 workers, according to The Tribune-Star. Two […]

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BREAKING: Angie’s List raises $18M in capital

Months after receiving a $35 million injection of venture capital, Angie’s List has raised $18 million in venture debt, this time from a different firm. The Indianapolis company announced this afternoon that it has received $18 million from Lighthouse Capital Partners, a Menlo Park, Calif., firm specializing in secured loans to early-stage and expansion-stage technology, […]

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Remy swings to profit, sees sales increase

Auto parts maker Remy International Inc. said yesterday that it turned in a $4.3 million profit in the third quarter, a stark contrast to the $39.3 million loss of a year earlier. Sales for the Pendleton company increased 1.5 percent to $279.4 million. A decline in sales to General Motors Corp. was offset by sales […]

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Miles appointed to City Securities board

City Securities Corp. has named Mark Miles to its board. Miles, 55, is CEO of Central Indiana Corporate Partnership, a not-for-profit that advocates economic-development strategies on behalf of corporate executives and university presidents. He also chairs the 2012 Super Bowl Host Committee. City Securities is a securities brokerage headquartered in Indianapolis.

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Honda plant to turn out natural gas Civics

Honda Manufacturing of Indiana said today that its new assembly plant in Greensburg will make a small number of Civic sedans that operate on natural gas. The plant, which opened a month ago and staged a dedication this morning, is projected to produce 800 conventional gas-burning Civics a day. Assembly of the “GX” natural gas […]

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Venture-backed Quadraspec lays off workers

Quadraspec Inc., a West Lafayette life sciences firm backed by venture capital investors, has laid off about a dozen workers, according to The Journal and Courier of Lafayette. Founder and CEO Chad Barden said financial strains on Wall Street are forcing venture-backed companies like Quadraspec to become lean and profitable. Quadraspec, started in 2004 with […]

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Symphony tries out texting

Sean Newhouse, associate conductor of the Indianapolis Symphony Orchestra, invited concert goers to send a text message to vote for their finale favorite.

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Firm helping Holocaust survivors

Baker & Daniels LLP is partnering with the Bet Tzedek Holocaust Survivors Justice Network to provide pro bono legal services to Indiana’s more than 200 survivors.

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IU launches new energy research center

IU has launched another energy research center, this time the Center for Research in Energy, administered by the School of
Public and Environmental Affairs, in Bloomington.

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Brainard defends Keystone project

Carmel Mayor James Brainard is trying to convince his city to pay up to $52 million more than the original amount allocated
for a roundabout interchange project designed to ease congestion on Keystone Avenue.

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Speedway on track to develop tourism year-round

As the 100th anniversary of the Indianapolis Motor Speedway approaches,
the town of Speedway, at long last, is making an aggressive play to turn the world-famous oval into an economic engine that
runs year-round.

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Langham lands airport deal

An arm of locally based Langham Logistics has won a 40-month, $3.28 million contract to provide logistics services at the
new Indianapolis International Airport terminal.

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