Columbus-based diesel engine maker Cummins Inc. posted its most profitable fourth quarter in company history, thanks to a
rush on engines that won’t have to conform to new emission standards.
Greenwood-based Zimmerman Biotechnologies LLC hopes to become the first company in the United States to make generic insulin,
a long-awaited development in diabetes treatment. The Greenwood Common Council on Feb. 1 will consider an $8.4 million deal
that would finance construction of an insulin factory, as well as help Zimmerman with FDA-approval and equipment expenses.
Conner Prairie saw increases in both daily admissions and giving in 2009 and ended the annual period in the black for the
fourth year in a row.
Farmers who might have worried about losing their livelihood
to new homes or retail have gotten a little breather.
In Indiana, the Salvation Army owns 34 residences, including 10 in Indianapolis with a combined value of $1.6 million.
Lithium battery maker EnerDel will need more business than its existing relationships with Think and Volvo to justify the $237 million investment
it announced Thursday.
Battery maker EnerDel could land $3 million in federal disaster-recovery money that would help bring 200 more jobs to its
facilities on the north side of Indianapolis and in Noblesville.
Indianapolis-based Kiwanis International on Friday named longtime staff member Stan Soderstrom its executive director. Soderstrom
has been the interim executive director since October, when Rob Parker left the organization of service clubs.
Indiana’s future as a hub for making electric and hybrid vehicles hinges on a single government loan program.
A group formed to support a prized collection of Abraham Lincoln artifacts has raised $6.9 million in its first six months,
including $3 million from Lilly Endowment. Friends of the Lincoln Collection in Indiana announced the fund-raising milestone
Wednesday afternoon.
Representatives of three international organizations will visit Indianapolis-based Kiwanis International this week to make
their cases to become its next worldwide cause—and the beneficiary of tens of millions of dollars the organization could
raise with help from its 600,000 members.
The museum counted 1.3 million visits last year, an increase of 270,000, or 26 percent,
over 2008.
New interim CEO, the former president of the Eli Lilly and Co. Foundation, hopes to pave way for stability at the institution,
which has seen five CEOs in the past decade.
Lilly’s death on Dec. 30 at age 94 will trigger the release of hundreds of millions of dollars from her
estate, with perhaps as much as $200 million flowing to the fledgling Ruth Lilly Charitable Foundation.
Crackers’ Broad Ripple and downtown locations are the only remaining comedy clubs in Indianapolis.
The board of the museum’s private foundation is expected to confirm Thomas A. King’s appointment Thursday afternoon
The group, which rang up more than $3 million in debt before changing course in 2008, had been operating at a deficit for
six years.
The Washington Township Schools Foundation on the north side is among those that wants to raise money
for buildings and other high-cost needs.
Three of Kurt Vonnegut’s children are working with local fans of the famed author to open a memorial library
in Indianapolis.
Observers offer various explanations for the lack of mergers, including that staff and budget cuts have left many not-for-profits
without the manpower or time for due diligence.
