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Eli Lilly and Co. shareholders this morning rebuffed an effort by California Public Employees’ Retirement System, the nation’s largest public pension fund, and four major proxy advisory services to force two directors off the board and prevent the new CEO, John Lechleiter, from joining the board. Dr. Alfred Gilman and Karen Horn were reelected, according […]
Danica Patrick’s life is getting faster by the second. She’s not the only one moving at warp speed, as merchandisers and Indy Racing League officials hustle to capitalize on her historic victory Saturday…
Three Carmel residents have bought the Glass Chimney and Deeter’s restaurants, both of which are dining fixtures in Hamilton County. The restaurants’ owner, Dieter Puska, said in January that he planned to retire and close both establishments on April 26, although he left open the possibility that someone might buy them. At the time, industry […]
For me, the weekend included the second half of the James Still double bill at Indiana Repertory Theatre and a run to Purdue University for an exhilerating student production of “Hair” (a midnight show, no less).
And you?
Did you catch the…
SHELBY COUNTY BANKING on BEANS Integrity Biofuels in Morristown persevering despite run-up in soy prices MORRISTOWN-Two years ago this August, the biggest thing in this Shelby County town of 1,300 residents was not the Bunge North America soybean processing plant. Not even its three silos, each as big as an aircraft carrier planted upright by […]
MONROE COUNTY Bloomington getting doughnuts Dunkin Donuts has filed plans to open a restaurant next to the IU campus in Bloomington. The Massachusetts-based chain plans to take about 2,000 square feet in the former Von Lee Theater at 517 E. Kirkwood Ave., next to Colorado-based Noodles & Co. The Von Lee project also includes two […]
MORGAN COUNTY Carmel banker takes Martinsville post for Harris Chicago-based Harris Bank has appointed a Carmel banker to head its branch in Martinsville. Mary Ann Smerdel has taken the post of branch manager for the office at 2110 Burton Lane, the bank said. Smerdel was a commercial customer service representative in Carmel and previously held […]
HAMILTON COUNTY Carmel proceeds with Keystone roundabouts Carmel is taking its love affair with roundabouts to the next level. On March 21, Carmel Mayor Jim Brainard unveiled roundabout reconstruction plans for the 106th and 126th Street interchanges of Keystone Avenue. The State of Indiana relinquished control of part of Keystone to Carmel last September and […]
Lebanon looking to expand reach BOONE COUNTY-Lebanon’s borders could double in size by the end of the year, if a proposal to annex land on the south side of the city is approved. The area encompasses 3,600 acres, or six square miles. It straddles both sides of Interstate 65 from the southern edge of Lebanon […]
Spotlight on Shelby County Named for Isaac Shelby, the first governor of Kentucky 5 LARGEST CITIES/TOWNS population Shelbyville ………………………………….18,372 Edinburgh ……………………………………4,582 Morristown …………………………………..1,257 St. Paul ……………………………………….1,006 5 LARGEST EMPLOYERS employees Knauf Insulation ……………………………….900 Atlas Cold Storage (Kroger Co.) …………..600 PK USA Inc………………………………………550 Major Hospital………………………………….530 Pilkington North America Inc……………….385 SHELBY MSA* Population 43,844 1,682,815 Median age […]
HENDRICKS COUNTY Medical facilities expanding Two Hendricks County hospitals are planning major expansions starting this summer. The board of Hendricks Regional Health is scheduled to vote in late April on adding more than 200,000 square feet to the hospital’s headquarters campus in Danville. The project will cost more than $60 million and will be the […]
HANCOCK COUNTY Doctors wanted in McCordsville Lauth Property Group will build prime medical space in one of the region’s fastestgrowing suburbs. The Indianapolis developer will offer more than 20,000 square feet in McCordsville for primary care and specialty care groups such as cardiology, obstetrics and urology, said Dawna Powell, senior director of heath care facility […]
TIPPECANOE COUNTY Purdue trustees approve capital spending, operating budgets Purdue University’s trustees on April 11 approved a $1.04 billion capital improvement plan for the next 10 years and a $1.03 billion conceptual operating budget for the next academic year. The capital plan includes nearly $100 million in renovations and additions to Mackey Arena, and $80 […]
MADISON COUNTY Production has begun at Nestlé in Anderson After nearly two years of planning, construction and hiring, Nestlé Corp. has begun churning out Nesquik Ready-to-Drink and Coffee-mate liquid products from its $360 million plant in Anderson. The Swiss company announced in July 2006 that it would build the 880,000-squarefoot plant and create 300 jobs. […]
Two executives with longtime ties to The Steak n Shake Co. have joined a dissident Texas investor in his quest to overhaul
the Indianapolis-based restaurant chain. Shareholders who have agreed to work with Sardar Biglari include a former board member
the company once described as a “modern-day founder” of the restaurant chain, along with a former partner in Kelley & Partners
Ltd., the investment firm led by company patriarch E.W. Kelley before his 2003 death.
When Kathy Fitzgerald has a group of 85 day-camp kids to entertain, she needs someone who can hold their attention-easier said than done considering they range in age from 6 to 13, not counting the 12 young adults who work as camp counselors. If an act bombs, the result can be chaos. That’s why Fitzgerald, assistant park manager for Broad Ripple Park, has locally based FamilyTime Entertainment Inc. on her speed dial. FamilyTime can deliver a fully produced magic show,…
A weak dollar. Lost jobs. Liquidity challenges. These and other perceived barriers tend to unfortunately mute short-term considerations for Indiana businesses thinking about international expansion. The reality? Globalization of U.S. businesses is alive and well, and proceeding at a breakneck pace. In fact, America and the world remain embroiled in likely the greatest commercial transformation since the Industrial Revolution with the full integration of U.S. markets in an open era of innovation and productivity. How does this play out in…
One of the great struggles of the day-Airlines vs. Human Beings-has taken some interesting turns lately, but the score remains the same as it has been for years: The human beings are not winning. Consider these touchdowns, so to speak, just from the last couple of weeks: A piece of a wing detaches itself from a US Airways jet and smacks into several of the plane’s windows before falling to the ground somewhere in Maryland. “May I have your attention,…
Purdue and Indiana universities have become magnets for international students. Purdue is third in foreign student enrollment among all U.S. private and public colleges and universities. Indiana is No. 15. Another Big Ten school-the University of Illinois-is No. 2. The University of Southern California is the leader, with 7,000 foreign students. Purdue currently has 4,994 foreign students enrolled in graduate and undergraduate programs, while IU has 4,027. This year, overall, there are about 39,102 students enrolled at Purdue’s main campus…
On ATA, you’re on vacation. That catchy tag line from the past has taken on new meaning to the 600 or so Indianapolis employees who were abruptly and unceremoniously terminated April 3 when the airline shut down for good. The singsong melody that accompanied those words in ATA’s marketing is now a dissonant tune for them and the thousands of ticketed passengers who were left stranded. The airline whose name and jingle once evoked images of fun in the sun,…
