Herff Jones Inc., the Indianapolis company that makes high school rings, yearbooks and other educational products, has acquired a St. Petersburg, Fla., maker of religious, academic and judicial robes. Terms of the deal were not disclosed. Murphy Cap & Gown Co., the nation’s leading religious robe company, will be added to Herff Jones’ cap and […]
With Indiana’s Democratic primary election looming May 6, Barack Obama leads rival Hillary Clinton by a margin of 40 percent to 25 percent, according to a poll released yesterday. Obama holds commanding leads over Clinton among men, women, African-Americans, whites and young people who were registered to vote, according to the poll, which was conducted […]
Offers to buy Steak n Shake were too low, the Indianapolis-based restaurant chain said late yesterday, and as a result the company will focus on a turnaround plan of improving existing stores. Steak n Shake didn’t disclose the number of offers or their values. A sale was among several plans considered by a special committee […]
The Service Employees International Union, which has organized janitors in Cincinnati, Columbus, Ohio, and now Indianapolis, begins negotiations today on behalf of 1,500 local janitors after years of contentious organizing efforts. Companies participating in the Indianapolis negotiations are ABM Industries Inc. of San Francisco; Group Services France of Paris; Mitch Murch’s Maintenance Management Co. of […]
Approximately 40 truck drivers employed by Towne Air Freight LLC in Indianapolis have voted to be represented by the International Brotherhood of Teamsters. It was the first time in Towne’s 42-year history that drivers have opted to join a union. The South Bend company had rebuffed four previous attempts over the decades. Drivers operating out […]
Consona Corp., formerly Made2Manage Systems Inc., might be one of the least-known success stories in the state. The software firm is quietly churning out red-hot growth year after year, finishing 2007 with $130.5 million in revenue. That’s more than four times its revenue from 2003, the year Indianapolis-based Made2Manage was acquired by Boston-based Battery Ventures […]
Indianapolis and Louisville are the sole finalists to host the National FFA convention from 2013 to 2019, the Indianapolis-based organization said this morning. One-time frontrunners Minneapolis and Kansas City, Mo., have been eliminated from the competition. “Right now, it’s a dead-even process,” said spokeswoman Julie Adams. Indianapolis has hosted the gathering since 2006, and the […]
Central Indiana Corporate Partnership CEO Mark Miles will lead the city’s attempt to land the Super Bowl in 2012, according to a source familiar with the matter. The announcement of Miles’ selection is expected this week. The source, who asked not to be named, said Miles will oversee initial research as well as assembling the […]
Last year was a yawner for job creation in Indiana, according to new figures from the Indiana Department of Workforce Development. Only 5,800 jobs were added. The 0.2-percent increase was virtually nothing compared to the national economy, which grew nearly 1 percent in a year when the economy slowed. It also was the second year […]
The new Honda Manufacturing of Indiana plant in Greensburg will make the Accord full-size car and Fit subcompact in addition to the Civic sedans already announced by the Japanese company, a research group predicts. In a report last week, the Center for Automotive Research in Ann Arbor, Mich., said that the site would assemble the […]
Inventories of unsold houses exploded last year, according to figures compiled by an Indianapolis real estate brokerage. A 13-county area anchored by Indianapolis overflowed with nearly a year’s worth of inventory, Landrigan & Co. Realtors said today. At the rate of absorption underway in December, the inventory existing as of the end of the year […]
Consumer qualms about property taxes and a lingering bad rap about the quality of American cars has prompted the owners of Bud Wolf Chevrolet to close the doors. President Andy Wolf told the 50 employees of the decision Monday. The service operation closed immediately, and about 200 new and used vehicles remain to be sold. […]
Gov. Mitch Daniels revealed little detail when he told a real estate gathering last week that a major economic development announcement was imminent. But hints of the upcoming announcement are buried in a log of projects kept by the Indiana Economic Development Corp. The log includes a project with 1,134 jobs and a $15 million […]
The unrelenting growth of Internet sales has prompted Indianapolis-based Roberts Distributors LP to shutter its Bloomington store. General Partner Bruce Pallman said the store, located on Kirkwood Avenue near the Indiana University campus, will close Feb. 29 after 12 years in business. It had bled more than $100,000 a year for three years in a […]
A father and son have started a mutual fund in Carmel based on an investment strategy they used for their personal investments, and which they say left Standard & Poor’s 500 returns in the dust. Bob Auer, who was vice president of investments at Morgan Stanley from 1986 to August 2007, and his father, Bryan […]
A family that once owned Forest Lawn Memory Gardens and Funeral Home in Greenwood has asked
a Johnson County court to put the business into receivership amid questions about the status of trust funds set aside to pay
funeral expenses and maintenance.
Indiana might be one of the next states to consider legislation that places the burden of screening illegal immigrants on business. At least one such bill is likely to be introduced in the General Assembly, said George Raymond, an Indiana Chamber of Commerce lobbyist specializing in labor relations. “It stands a fairly good chance,” Raymond […]
By Norm Heikens Cabinet and furniture makers are experiencing their most harrowing times since the Rust Belt recessions of the early 1980s as homebuilders cut back in the wake of the subprime credit crunch. John Land, chief financial officer of Cole Hardwood Inc. in Logansport, said his company has tried to counter the slump by […]
Towne Air Freight LLC plans to offer about 200 of its truck drivers the chance to own their own rigs as the South Bend trucking firm follows an industry trend of outsourcing to contractors. At its Indianapolis terminal, 6430 Airway Drive near Indianapolis International Airport, about 35 drivers will receive the offer, said Jerry Scott, […]
Indiana is racking up auto assembly jobs at a time the nation as a whole is losing them, an Indiana Department of Workforce Development study shows. Employment in the industry shot up 53.1 percent, to 12,400, from 1997 to 2006, the study found. The jump doesn’t include continued gains this year or the 2,000 workers […]
