Martin prevails in appeal of ruling that banned him from horse tracks
Industry stalwart prevails in fight against Indiana Horse Racing Commission, which found that he had participated in racing and wagering activities without a license.
Kathleen McLaughlin
Articles
EnerDel hires first post-bankruptcy chief executive
David Roberts, the company's intellectual property lawyer since January 2011, is the new CEO. Richard Quirin, who was chief financial officer at IMMI, a seatbelt maker based in Westfield, is the new CFO.
Struggling BlackBerry maker could be drag on BrightPoint
BlackBerry maker Research In Motion Ltd., which said it wouldn’t turn a profit this quarter, accounts for about 10 percent of BrightPoint’s distribution business.
Mainstreet signs operator for new health care properties
A Cicero-based developer has signed a national senior-living company to operate four new properties it plans for Indiana.
CityWay developer funding downtown murals
The CityWay development is generating more work for artists—this time three Indiana muralists who will paint the facades of downtown-Indianapolis rail bridges.
Buckingham reviving Gramercy project with smaller plans
Buckingham Cos. has revived plans to redevelop the massive Mohawk Hills apartment complex in Carmel, but the latest version of its Gramercy project takes a huge step back from the original dense, urban-revival-style plan the developer proposed six years ago.
Indianapolis council to consider domestic-partner benefits
City-County Councilor Angela Mansfield filed the proposal covering city employees that would make same-sex and heterosexual couples who live together eligible for health insurance benefits.
Endowment’s resurgence emboldens IMA’s leaders
After three years of shrinking budgets, Indianapolis Museum of Art leaders are ready to leave the lean times behind. The IMA’s endowment, which has covered close to 70 percent of operating expenses, is on the rebound and reached $324 million at the end of last year.
Binford-area neighborhood alliance upping ambitions
The two main retail centers in a northeast-side development area will be at 100-percent occupancy when Uncle Bill’s Pet Express opens in a small space at Binford Boulevard and 71st Street. Binford Area Growth and Revitalization, a super-neighborhood association better known as BRAG, began striving for this milestone in 2005.
Plan seeks to turn towpath into arts corridor
The city of Indianapolis and private-sector players are lining up behind an effort to rebrand the Central Canal Towpath as an art-themed destination dubbed Art 2 Art by adding artwork and improving the trail.
Chamber to merge with economic development groups
The Greater Indianapolis Chamber of Commerce will lead economic development efforts for central Indiana by merging with Develop Indy, Indy Partnership and Business Ownership Initiative, the groups announced Thursday.
City aims to attract additional sponsors
Third Street Partners, a marketing firm that hoped to land half a million dollars in corporate sponsorships for the city of Indianapolis, has received a four-year contract extension to bring home red meat.
Oil refiner Calumet unleashes $150M stock offering
With its shares trading up more than 60 percent from the doldrums of last fall, Calumet Specialty Products Partners rolled out plans to sell another 6 million shares of stock, raising more than $150 million.
Butler University arts dean aims to link campus, city
Ronald Caltabiano says the Butler arts festival would feature talent from the university, affiliated organizations like Dance Kaleidoscope and Indianapolis Opera, and “extraordinary” guest artists.
Fast-food clients fueling furniture-maker’s growth
Facility Concepts’ can-do attitude has cemented the loyalty of clients like Southern Bells—one of the largest Taco Bell franchises in the country—and propelled it from startup consultancy in 2004 to full-fledged manufacturer.
Production on Rolls-Royce LiftSystem picks up steam
Rolls-Royce Corp. said Tuesday that its landed a $315 million contract from Pratt & Whitney for its LiftSystem, which enables short takeoffs and vertical landings by the U.S. Marine Corps’ F-35B aircraft.
North American growth propels Cummins’ profit
Cummins Inc.'s profit jumped 33 percent in the first quarter due to strong demand for its engines in the North American market, the Columbus-based manufacturer said Tuesday morning.
BrightPoint stock sinks on lower earnings report
BrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that prompted the company to lower its 2012 financial forecast.
Mourdock will keep energy stocks if elected to Senate
Indiana Treasurer Richard Mourdock, who is challenging Republican Sen. Richard Lugar in the May 8 primary, held six different energy-related stocks last year, according to his most recent filing with the state.
Growing distributor to expand into Greenwood
A distribution company that specializes in handling food for retailers has outgrown its Plainfield space and plans to take up another 400,000 square feet in Greenwood. Prime Distribution estimates it would add 35 employees by 2016.