Lilly Endowment’s $3.4M grant to bring more teachers to Indy
Indianapolis-based education reform group The Mind Trust will use the grant to help support teacher recruitment and training programs such as Teach for America.
Mason King
Articles
Herff Jones acquisition to form $1B company
Dallas-based BSN Sports will join the Herff Jones portfolio of companies and continue to operate as its own branded entity. Combined annual revenue is expected to top $1 billion.
Convenience stores sue to sell cold beer in Indiana
An industry trade group filed a lawsuit Tuesday morning contending that Indiana liquor law is unconstitutional and unfairly benefits liquor stores.
Broad Ripple telecom firm plans big growth, 183 jobs
Founded in 2007 by Purdue University students, Weeks Communications has established a new headquarters in Broad Ripple and plans to invest $4.1 million as it aggressively hires new employees.
Woof Boom to acquire 6 area radio stations
An Indianapolis investor group headed by longtime local radio broadcaster and executive Jerry Chapman will take over operations at the stations, including three in Muncie, on June 1.
Indiana firms lose ground on Fortune 500 list
Five of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year’s list of the largest U.S. companies.
Rolls-Royce to produce engines for new reconnaissance copter
Indianapolis manufacturing operations will provide cutting-edge engines for the latest generation of helicopter drones to be used by the U.S. Navy.
IPL’s $631M power plant to start construction in 2014
Plans for the plant, officially announced Wednesday, call for an environmentally friendly facility outside of Martinsville that could produce 650 megawatts of power. Construction could employ 660 workers.
International Paper to fold local plant, laying off 91
The shutdown is the latest in a recent string of layoffs and closures by the global company in its Indiana operations.
Dow AgroSciences grows sales, earnings to new heights
Record sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences LLC in its new fiscal year.
Lilly seeks $30.6M in tax breaks on downtown projects
Indianapolis development officials on Wednesday will weigh the 10-year requests from the pharmaceuticals giant related to a new manufacturing plant and improvements to existing operations downtown.
Power producer to build new HQ in Bloomington
Hoosier Energy will invest about $27 million in 83,000-square-foot facility. The city of Bloomington has approved a 10-year tax abatement for the project.
Indiana furniture maker to exit stock exchange
The board of directors of Chromcraft Revington Inc., a West Lafayette-based designer and manufacturer of furniture, has decided to pull its shares from the New York Stock Exchange.
Indianapolis Colts, city reach deal on new luxury suites
Up to $2 million of the costs for the suites project and other improvements will be paid by the Capital Improvement Board, the city agency which owns and operates Lucas Oil Stadium.
Developer to move HQ to Carmel, create 25 jobs
Fast-growing Mainstreet Property Group will invest $800,000 to lease and equip offices at 14390 Clay Terrace Blvd.
Ice to take over operations at Pan Am skating facility
The Indiana Ice have come to an agreement with owner Kite Realty Group to use the Pan Am Plaza skating facility as a training center and venue for games after renovations this summer. It also will be open to the public for other ice-related activities.
HealthLease to snare $141.7M in senior properties
A central Indiana REIT that went public in 2012 has agreed to buy 13 senior housing and care facilities in three states, growing its asset value by 50 percent.
Barron’s enthrones Simon among world’s best CEOs
Already one of the most highly regarded CEOs in Indiana and in his industry, David Simon of Simon Property Group now is keeping company with the likes of Warren Buffett, Amazon’s Jeff Bezos and Larry Page of Google.
Geico service center to create up to 1,200 jobs in Carmel
The insurer will invest millions to lease, renovate and equip a 109,000-square-foot customer service center at 101 W. 103rd St. It plans to begin hiring immediately, and bring up to 1,200 new jobs by 2016.
LEADING QUESTIONS: Mainstreet CEO masters efficiency
What are Zeke Turner's top five strategies for keeping his work week under 40 hours? Do you really need work e-mail on your smart phone? What's it like to take a company public? The real estate exec has answers.