Articles

Back in the news-WEB ONLY

The familiar face of a local Hispanic television newscast is back on the air, less than six months after the parent of WISH-TV Channel 8 pulled the plug on him. But perhaps even more impressive than the speedy return is the array of loyal advertisers, including one of the city’s largest public companies, that stuck […]

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Daniels, Ballard propose new facilities agency-WEB ONLY

The city’s Capital Improvement Board will merge into a new agency, and hotel, rental car and sports-admission taxes would rise under a proposal announced this morning to bail out the financially troubled organization. Indiana Gov. Mitch Daniels and Indianapolis Mayor Greg Ballard presented a proposal they say will raise the funds necessary to cover the […]

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Daniels, Ballard propose new facilities agency-WEB ONLY

The city’s Capital Improvement Board will merge into a new agency, and hotel, rental car and sports-admission taxes would rise under a proposal announced this morning to bail out the financially troubled organization. Indiana Gov. Mitch Daniels and Indianapolis Mayor Greg Ballard presented a proposal they say will raise the funds necessary to cover the […]

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Commission approves $65M apartment project-WEB ONLY

The Indianapolis Metropolitan Development Commission this afternoon approved a city plan to partner with a private developer on a $65 million downtown redevelopment project adjacent to the former site of Market Square Arena. The plan, approved by a 7-2 vote, allows the city to enter into a project agreement with the developer, an entity called […]

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Don’s Guns owner provides funds for defibrillators-WEB ONLY

Well-known local gun dealer Don Davis essentially gave a blank check this morning to the Johnson County Sheriff’s Department to equip its fleet of patrol cars with external defibrillators. Three of the department’s cruisers already have the devices that shock the heart back into normal rhythm. The contribution from Davis could enable the county to […]

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Don’s Guns owner provides funds for defibrillators-WEB ONLY

Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Well-known local gun dealer Don Davis essentially gave a blank check this morning to the Johnson County Sheriff’s Department to equip its fleet of patrol cars with external defibrillators. Three of the department’s cruisers already have the devices that shock the heart back […]

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BioStorage plans 125 new jobs in expansion-WEB ONLY

Indianapolis-based BioStorage Technologies Inc. announced today that it plans to create 125 jobs by 2012 and invest more than $6.1 million to expand operations. BioStorage Technologies provides long-term cold storage for advanced biomaterials used in drug development. The company, co-founded in 2002 by CEO F. John Mills, currently has 80 employees. The investment will be […]

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City promoters bemoan loss of SkyConcert-WEB ONLY

Normal 0 false false false MicrosoftInternetExplorer4 The organization that promotes downtown Indianapolis activities said it is disappointed this year’s popular Labor Day fireworks program will not be held and is unsure whether another sponsor can be found.   Indianapolis-based Emmis Communications Corp. has hosted SkyConcert for the past 26 years, but said Friday it has […]

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Chrysler balks at state treasurer’s objections-WEB ONLY

Chrysler LLC fired back at Indiana Treasurer Richard Mourdock yesterday, saying his objection to the way the Michigan-based auto maker’s Chapter 11 bankruptcy proceeding is being handled could lead to its liquidation. Mourdock, who oversees pension funds for state teachers, police officers and construction workers, said in a May 20 statement that Chrysler’s plan to […]

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City promoters bemoan loss of SkyConcert-WEB ONLY

The organization that promotes downtown Indianapolis activities said it is disappointed this year’s popular Labor Day fireworks program will not be held and is unsure whether another sponsor can be found. Indianapolis-based Emmis Communications Corp. has hosted SkyConcert for the past 26 years, but said Friday it has been unable to gather the financial partners […]

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Chrysler balks at state treasurer’s objections-WEB ONLY

Chrysler LLC fired back at Indiana Treasurer Richard Mourdock yesterday, saying his objection to the way the Michigan-based auto maker’s Chapter 11 bankruptcy proceeding is being handled could lead to its liquidation. Mourdock, who oversees pension funds for state teachers, police officers and construction workers, said in a May 20 statement that Chrysler’s plan to […]

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Ex-Conseco director’s wife ordered to pay $5M-WEB ONLY

A Hamilton County judge yesterday ordered the wife of a former Conseco Inc. director to pay the insurer $5 million in its ongoing quest to recover unpaid stock loans. The judgment against Margaret Massey, wife of James D. Massey, stems from a November ruling from U.S. Bankruptcy Judge Basil H. Lorch III that said Conseco […]

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Ex-Conseco director Massey loses court battle-WEB ONLY

A Hamilton County judge today ordered the wife of a former Conseco Inc. director to pay the insurer $5 million in its ongoing quest to recover unpaid stock loans. The judgment against Margaret Massey, wife of James D. Massey, stems from a November ruling from U.S. Bankruptcy Judge Basil H. Lorch III that said Conseco […]

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Chromcraft loss widens in first quarter-WEB ONLY

A weakened retail environment drove losses deeper in the first quarter, West Lafayette furniture maker Chromcraft Revington Inc. reported yesterday. The $3.2 million loss was 45-percent greater than in the same period a year earlier. Revenue declined 39 percent to $16.7 million. Chromcraft has struggled to restore profits at a time that it and other […]

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Arcadia sells two divisions for $11.2 million-WEB ONLY

Arcadia Resources Inc., an Indianapolis-based provider of health care services, today announced that it has sold two divisions for a total of $11.2 million. The company unloaded its home health equipment and industrial staffing businesses in three separate transactions. California-based Pacific Pulmonary Services and Orlando, Fla.-based Aerocare Holdings Inc. purchased pieces of Arcadia’s home health […]

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Arcadia sells two divisions for $11.2 million-WEB ONLY

Arcadia Resources Inc., an Indianapolis-based provider of health care services, today announced that it has sold two divisions for a total of $11.2 million. The company unloaded its home health equipment and industrial staffing businesses in three separate transactions. California-based Pacific Pulmonary Services and Orlando, Fla.-based Aerocare Holdings Inc. purchased pieces of Arcadia’s home health […]

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Wilhelm wins stadium connector project-WEB ONLY

Indianapolis-based F.A. Wilhelm Construction Co. Inc. has been chosen to build a street-level enclosed connector linking the Indiana Convention Center to Lucas Oil Stadium, the Indiana Stadium & Convention Building Authority announced yesterday afternoon. Wilhelm, which bid $11.8 million for the project, submitted the lowest bid of six companies vying for the work, said Lori […]

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F.A. Wilhelm wins stadium connector project-WEB ONLY

Normal 0 false false false MicrosoftInternetExplorer4 Indianapolis-based F.A. Wilhelm Construction Co. Inc. has been chosen to build a street-level enclosed connector linking the Indiana Convention Center to Lucas Oil Stadium, the Indiana Stadium & Convention Building Authority announced this afternoon. Wilhelm, which bid $11.8 million for the project, submitted the lowest bid of six companies […]

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Hubler of Shelbyville on GM closure list-WEB ONLY

Hubler Chevrolet Center Inc. of Shelbyville and several other General Motors dealerships in Indiana are on the chopping block after receiving notice Friday that their dealership agreements would not be renewed when they expire late next year. But most dealers are keeping quiet about the notifications as they hold out hope they can persuade GM […]

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