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Subaru of America Inc. reported a 13-percent increase in sales of its vehicles in May, the company’s largest single-month increase and an indication of stability for workers at a Lafayette plant where several of the lines are assembled. The Lafayette plant produces Outback and Legacy cars and the Tribeca sport-utility vehicle. While sales of the […]
New Jersey-based DialAmerica Marketing Inc. has closed an office in Bloomington, displacing about 50 workers, most of whom were part time, according to The Herald-Times. One long-term employee told the Bloomington newspaper he thought business at the telemarketing firm had fallen off in recent months.
The Horizon League and Nelligan Sports Marketing Inc. announced that they have agreed to a long-term extension to their partnership agreement that continues the New Jersey-based company’s exclusive rights to manage the Horizon League’s corporate sponsorship and marketing rights.
“We are…
Lots of Indiana towns will do almost anything to get a factory or warehouse. That often means skipping pointed
questions about corporate citizenship for fear of losing the project.
A Lebanon city council member isn’t looking the other way, though.
Dick Robertson…
Also noted:Indiana’s lone Sharper Image store at the Fashion Mall at Keystone will close for good in the next few weeks. The bankrupt electronics chain is closing all 86 stores. But if you plan on shopping, take note: Sharper Image…
Half my lifetime ago, I journeyed across the country from East Coast to West and found myself on my own for a few days in Los Angeles. Looking for some cheap entertainment, I picked up a $6 ticket to see…
Carmel-based Allied Solutions LLC, which sells insurance, lending and market products to financial institutions, said today it has acquired a similar company headquartered in Kansas City, Mo., for an undisclosed price. The Kansas City company, MJB Insurance Services Inc., operates in Kansas, Missouri and Nebraska. MJB owner Mike Button is remaining with Allied Solutions as […]
Weir Cook has been dead a long time, since 1943, but a military veterans group wants to bring his name
back to what is now Indianapolis International Airport.
The war heroâ??s name was on the airport from 1944, a…
A couple of development projects that would include tax abatements are up for hearings Wednesday at the Metropolitan Development Commission:
Community Hospital of Indiana Inc. plans to spend $3.7 million updating and expanding…
A private equity firm has bought the coupon redemption operations of Bloomington-based International Outsourcing Services for undisclosed terms. Los Angeles-based Marlin Equity Partners announced today it has formed a company, ProLogic Redemption Solutions, that will help retailers recover the value of coupons used in stores. Marlin said the new company’s headquarters will be in Los […]
HHGregg Inc. said today that a 24-percent increase in net profit in its fourth fiscal quarter was driven by rising sales of big flat-screen televisions, high-end washing machines and refrigerators, and notebook computers. The Indianapolis-based appliance and electronics retailer reported a $10.3 million profit in the quarter ended March 31 on sales of $324.2 million, […]
Want to join IBJ for a screening of the new comedy “Get Smart,” starring Steve Carell and Anne Hathaway?
It’s happening June 17 at AMC College Park
For a pair of tickets, just take both of the following steps:
1. Post a comment…
Sarah Fisher is speeding ahead with plans to do at least two more Indy Racing League races this season. Despite the defection of two main sponsors and a crash at last month’s Indianapolis 500, Fisher still thinks her team will…
The sluggish economy has prompted businesses to pull back on hiring, but units of local government keep adding workers as if nothing has changed. In the Indianapolis area in April, local governments employed 2,200 more workers than the same month last year, according to the Indiana Department of Workforce Development. The growth to 79,100 workers […]
A new electronic casino opens for business at Hoosier Park in Anderson today, and another at Indiana Downs in Shelbyville is set to open next week. The…
Philip Boberschmidt of the downtown law firm of Boberschmidt and Powers has
been appointed trustee to oversee liquidation of Premier Properties USA – a task that begins today.
The Sharper Image Corp. store at the Fashion Mall at Keystone at the Crossing will close. The bankrupt company announced Sunday that it will shutter all of its remaining stores. Eighty-six stores will be liquidated. The company liquidated 96 of its stores following its February bankruptcy, which was blamed on a slow economy and tight […]
The Indy Racing League is continuing its popularity growth.
After a strong month of May in Indianapolis, the IRL saw a 30 percent attendance increase at its race yesterday in Milwaukee, to just more than 30,000.
While…
I wish I had more to report from the weekend, but I was under the weather and didn’t get to take advantage of Indy’s offerings.
If nothing else, I had hoped to get out to The Jazz Kitchen for Sunday night’s…
Indianapolis-based Fortune Industries Inc. has closed on a $32 million line of credit with the company’s majority shareholder, Carter Fortune. The credit line replaces one with Fifth Third Bank and is secured by most of the company’s assets. John Fisbeck, the company’s CEO, will personally guarantee up to half of the credit line. The company […]
