Plans to build a $1.5 billion plant in southwestern Indiana to turn coal into natural gas have been put on ice. The developer, Indiana Gasification LLC, yesterday pulled its application to the Indiana Utility Regulatory Commission, according to The Times of Munster and the Evansville Courier & Press. The project, which was to be built […]
OneAmerica Financial Partners has extended its title sponsorship of the 500 Festival Mini-Marathon for a second round of five years, beginning in 2010. The price wasn’t disclosed in a release today from 500 Festival Inc., which puts on the race. In 2006, the latest year for which 500 Festival contributions were made public, the festival […]
Evansville-based Old National Bancorp has signed an agreement to buy the 65 Indiana branch offices of Charter One, according to a filing with the Securities and Exchange Commission. Charter One is owned by Citizens Financial Group of Providence, R.I.; Citizens is owned by Royal Bank of Scotland Group Plc. The deal includes $397 million of […]
Telephone, Internet and television provider Comcast has closed its Anderson call center and moved nearly all of the 39 jobs to its expanding call center in Fishers. Comcast also is closing three other call centers in the state in order to concentrate on locations in Fishers, Fort Wayne and Bloomington, according to The Herald Bulletin […]
Declines in house sales continued in October, the Metropolitan Indianapolis Board of Realtors reported yesterday. Units sold in the 13 counties tracked by the trade group plummeted 24 percent, to 1,726, from last October. The median sale price fell 3 percent, to $115,000. All 13 counties showed declines in unit sales. Sale prices were not […]
Indianapolis-based Eli Lilly and Co. said today that it has closed its acquisition of ImClone Systems Inc., a New York-based developer of cancer drugs. Lilly paid $70 in cash for each share of ImClone in a deal worth about $6.3 billion. Lilly outbid New York rival Bristol-Myers Squibb Co., but analysts question whether Lilly will […]
Several layoffs have been announced in the past few days, according to Indiana media outlets and notices filed with the state. -Bluegreen Corp. of Boca Raton, Fla., is closing its Indianapolis office by Jan. 20, tossing 92 out of work. The company markets vacation time-share arrangements. -MI Windows & Doors Inc. shuttered its plant in […]
In the wake of the 2008 election, State Sen. Luke Kenley, R-Noblesville, has been promoted. to chairman of the powerful Senate
Appropriations Committee, which oversees the state budget.
Thanks to a $25,000 contribution from Beck’s Hybrids, Habitat for Humanity of Hamilton County was able to purchase land and
build its 50th home this year.
Work is to begin this month on a 1.2-mile segment of the Pennsy Trail between Arlington Avenue and Shortridge Road.
The Indiana General Assembly should pass a bill into law that bans smoking in public places.
An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million
mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.
In its seventh annual "Teens and Entrepreneurship" poll, Junior Achievement has found that 13- to 18-year-olds are
less interested
in starting their own businesses than they were a year ago.
The health insurance industry — hurt by falling profits and threatened by Democratic reform bills — could see
another wave of
consolidation, and that may well involve Indianapolis-based WellPoint Inc.
Veteran office broker John Robinson, one of the founders of locally based Meridian Real Estate, has left the firm and is working
on a new venture.
The U.S. Green Building Council recently honored local architect Bill Brown for his contributions to sustainable design and
construction.
USA Basketball will move its headquarters from Colorado Springs to Glendale, Ariz. — not to Indianapolis or Louisville,
two
other front-runners.
Lafayette Square and Washington Square malls no longer will have their Steve & Barry’s stores, now that the new owners of the popular clothing retailer have thrown in the towel on trying to keep the company afloat. Bay Harbour Management and York Capital Management, the investment firms that bought 173 of the stores out of […]
Eli Lilly and Co. won more than 95.5 percent of the shares of New York-based ImClone Systems Inc. in a tender offer that ended at midnight yesterday. Lilly expects to complete its acquisition of ImClone on Monday. Indianapolis-based Lilly has agreed to pay $70 in cash for each share of ImClone, or $6.3 billion for […]
Plastic film maker Bemis Co. Inc. plans to lay off 100 workers, or about 10 percent of its labor force, next month, according to The Tribune-Star of Terre Haute. Customers that normally allow Bemis to produce packaging in advance during the seasonal slow period of October to December haven’t renewed those contracts. Demand for the […]
