O’Reilly Raceway Park upgrading
O’Reilly Raceway Park at Indianapolis officials recently announced a plan for the next phase of the ongoing facility improvement project that has been underway for much of the last decade at the historic…
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Ball State names entrepreneurship chief…again
Ball State University’s nationally recognized Entrepreneurship Center has its third director in four years. The Entrepreneurship Center yesterday named Michael Goldsby the Stoops distinguished professor of entrepreneurship. Goldsby, who had been interim director since Larry Cox left this summer for a faculty position at Pepperdine University, will be the center’s permanent director. The center was […]
UPDATE: Indy ices six FFA conventions
Indianapolis has been given the right to host six lucrative national conventions for the National FFA Organization between 2013 and 2024, according to a source familiar with an announcement scheduled to be made later this morning. After finishing its current seven-year run in Indianapolis in 2012, Louisville will host the convention in 2013, 2014 and 2015. […]
Report: Indy, Louisville to share FFA convention
The lucrative National FFA convention will be split between Indianapolis and Louisville from 2013 to 2019, the Louisville television station WHAS-TV Channel 11 reported last night, citing unnamed sources familiar with an announcement planned this morning. Indianapolis snatched rights from Louisville to host the convention from 2006 to 2012 after Louisville had seen the blue-jacketed […]
Parts maker closing in Crawfordsville, idling 461
Crawfordsville-based auto parts maker Friction Holdings LLC announced today that it will stop operating in February, throwing 461 employees out of jobs in the city northwest of Indianapolis and another 171 at a plant it operates in Mississippi. The company said it lost a large chunk of business, and couldn’t cut costs enough to compensate. […]
Utility of WARN notices
In times like these, what do you think of the Worker Adjustment and Retraining Notification Act, commonly
called the WARN Act or WARN notices?
The federal law was passed in 1988 to give employees 60 daysâ?? notice of an impending layoff,…
Construction equipment service acquired
Newman Equipment Inc., a southwest-side company that sells parts and services for excavators and material handlers, has been acquired by Reco Equipment Inc. of Morristown, Ohio, for an undisclosed price. The name of the Indianapolis company, which has five mechanics and trucks, has been changed to Reco. The deal adds central Indiana to Reco’s footprint, […]
OrthoIndy planning Greenwood center
OrthoIndy and its Indiana Orthopaedic Hospital will open an outpatient center on the south side in the fall of 2010, they announced today. The 75,000-square-foot building will be similar to a center they opened in Brownsburg in September. It will be east of I-65 and south of County Line Road in Greenwood. The location is […]
Outreach pays off for Sarah Fisher
Indy Racing League team owner and driver Sarah Fisher will step away from her office at her race shop to guest co-host the Smiley Morning Radio Show on WZPL-FM 99.5 along with Dave…
Golden Globes/critic’s ignorance
I’m not one of those “TV is beneath me” snobs, but the reality is that, as your friendly neighborhood arts guy, I don’t have much time to watch the tube.
Still, when I saw the Golden Globe nominations this morning, I had to…
Cummins curtails revenue, profit forecast
Columbus diesel engine maker Cummins Inc. today said the slowing economy has forced it to revise its 2008 outlook downward. Sales will rise 9 percent rather than the previous guidance of 12 percent, and profit will increase 9 percent instead of 10 percent. Most of the declines are coming in its engine and components businesses, […]
Hurco profit plunges with global economy
Profit plummeted 40 percent for Hurco Cos. Inc. in its fourth fiscal quarter, the Indianapolis machine tool maker reported today. The decline to $3.4 million in the period ended Oct. 31 was caused by the slumping global economy, Hurco said. Sales edged up slightly in Europe, but fell in North America and dropped by more […]
Think tank names WellPoint strategist as director
Daphne Clark, whose roles at WellPoint Inc. have included serving as chief of staff to CEO Angela Braly, has been tapped to direct the Medical Technology Leadership Forum. The forum is the not-for-profit think tank that’s moving this month from Minneapolis to the Indiana University Research and Technology Corp. campus on Indianapolis’ downtown canal. From […]
Authors and more at IHS
Last Saturday’s Indiana Author Fair at the Indiana Historical Society not only brought to town a lot of Indiana authors. It also brought to town some of the bravest Indiana authors. A few slid there way from “the region,” sharing…
Wabash National to layoff 800 in Lafayette
Truck trailer manufacturer Wabash National Corp. announced today that it will lay off 800 employees at its Lafayette plant with the intent of calling them back to work in the second quarter. The layoff begins Dec. 22. Other workers will have an extended holiday shutdown lasting from Dec. 22 to Jan. 6. Lafayette-based Wabash didn’t […]
St. Vincent eliminating 50 jobs
St. Vincent Indianapolis Hospital is cutting about 50 jobs to reduce costs in the face of declining patient volume and rising numbers of unpaid bills. The people being laid off are spread throughout the hospital, including human resources, facilities and management, said St. Vincent spokesman Johnny Smith. He said St. Vincent has made no job cuts […]
St. Angelo steps aside at school-choice group
Robert Enlow is replacing Gordon St. Angelo as president of the Friedman Foundation for Educational Choice on Jan. 1, the Indianapolis-based not-for-profit announced yesterday. Enlow has been executive director of the group, started by legendary economist Milton Friedman and his wife, Rose, since late 2004. St. Angelo, a pioneer in the school-choice movement, had led […]
Warsaw-based foundry files bankruptcy
Dalton Corp., a foundry headquartered in the northern Indiana city of Warsaw, has filed for Chapter 11 bankruptcy protection from creditors. Dalton has about 1,500 workers at gray iron foundries in Warsaw and Kendallville, and a machining facility in Stryker, Ohio. The company supplies castings for air-conditioning, engines, transmissions and other uses. The bankruptcy was […]
IRL inks global broadcast deal
The Indy Racing League today announced an extension of its long-time association with ESPN International for worldwide (excluding the United States and Brazil) distribution of IRL broadcast rights until 2010, with a further…