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The family owners of Ritter’s Frozen Custard have agreed to sell the popular homegrown chain to New York-based TruFoods LLC for an undisclosed price. Bob Ritter, CEO of parent RFC Franchising LLC, confirmed the deal in an interview with IBJ this morning. He said the chain’s headquarters and most of its staff will remain in […]
A call center operator has chosen Anderson for a new operation and plans to hire as many as 400 workers within a year, Mayor Kris Ockomon said this morning. Agape LLC, a startup, picked Anderson for its available work force and access to fiber optics. Agape will set up shop in the Union Building, which […]
Sources close to Comcast Cable and the Big Ten Network said an agreement to put the yearling network on Comcast’s expanded basic in 94 percent of Big Ten country is imminent. While both sides officially say there is nothing new…
Indianapolis-based Arcadia Resources Inc. has acquired a small in-home health care company in North Carolina for an undisclosed price. Carolina Care generated $2.1 million in revenue last year serving Medicaid patients from three locations. Both companies have home health care offices in Winston-Salem, N.C., which Arcadia plans to merge to save money. “Expanding our in-home […]
The last time I was in New York City was about a year and a half ago. I was doing a story on things to do when you are in town on business and you find yourself with a few…
Marvel Industries Inc. plans to shift refrigerator production from Richmond to its plant in Greenville, Mich., resulting in the loss of 140 jobs in the eastern Indiana city, according to the Palladium-Item. A timetable for the pull-out was not disclosed, the newspaper said. State and local officials offered $2.6 million in incentives to keep the […]
So who caught the IBJ Night at the Movies screening of “Young @ Heart”?
And what did you think?
Employees of Tyson Foods Inc.’s hog slaughterhouse in Logansport have sued the company, claiming they weren’t paid for overtime work. More than 600 of the possible 2,000 workers covered by the suit have joined as plaintiffs, their Wilmington, Del., law firm Grant & Eiesenhofer said yesterday. Overtime work referenced in the suit includes production duties […]
Plainfield-based Brightpoint Inc. said yesterday it has inked a distribution deal with Research In Motion, the company that designs, manufactures and distributes the BlackBerry smart phone, to distribute the BlackBerry globally. Brightpoint wouldn’t discuss the scale of the deal. However, spokesman Anurag Gupta said RIM will help Brightpoint expand to 8 percent to 9 percent […]
The abrupt slowdown in merger-and-acquisition activity shouldn’t be confused with a poor economy, say some Indiana professionals who specialize in the work. Aside from a few hard-hit industries such as housing and retail, most sectors of the economy are fairly healthy, the observers say. And many think the low point of the economic downturn might […]
Its athletes may be fast, but when it comes to finding and hiring a new CEO, Indianapolis-based USA Track & Field is anything but speedy. Maybe that’s because the organization has only had…
Race fans can now buy one ticket to see the Indianapolis 500, Brickyard 400 and inaugural Red Bull Indianapolis GP motorcycle race.
The Indianapolis Motor Speedway for the first time is offering a general…
Casting Technologies Co. plans to add 40 jobs to 85 existing positions as it expands its aluminum parts operation in Franklin. The company sells cast parts to carmakers that are looking to reduce weight. Casting Technologies is owned by Compass Automotive Group Inc., which is headquartered in the city south of Indianapolis. Compass was created […]
I’m jazzed to write about both the Lincoln Center revival of “South Pacific” and the new Broadway musical “Cry-Baby” when I return to Indy. And to catch two more shows Saturday. And to share, perhaps tomorrow’s blog, some thoughts on my…
Some local Starbucks workers are looking like they tangle with cats.
Theyâ??ve taken to putting bandages over piercings to meet the letter of Starbucksâ?? dress code, which minimizes
the number of earrings and other piercings visible to customers.
Band-Aids beat the hassle…
An undeveloped parcel of 189 acres in Muncie has been bought out of foreclosure by the bank that foreclosed on the property, according to The Star Press. First Merchants Bank paid $2.3 million for the property, which is along I-69 at State Road 332. The land is part of a business park called Park One/332. […]
Deaconess Health System in Evansville might buy Welborn Clinic, which has nine locations in Evansville and surrounding counties, according to the Evansville Courier & Press. Neither side confirmed the merger, but one Deaconess official said talks of a sale have been ongoing. The clinic has about 650 employees, including physicians. Deaconess employs more than 3,000 […]
Pass are still available for tonight’s screening of “Young @ Heart” at Landmark Keystone Art’s Cinema. They are available while supplies last at the IBJ front desk.
Go.
If you do make it, remember to post comments here tomorrow….
Duke Realty Corp. reported late yesterday that it earned $89.2 million, or 58 cents per share, in funds from operations in the first quarter. The funds were down 4 cents from a year earlier and short of the 62 cents expected by analysts surveyed by Thomson Financial. Duke attributed the result to the sale of […]
Indiana University today signed an eight-year deal with Adidas that will net the school’s athletic department $21 million in cash and products over the course of the agreement.
Portland, Ore.-based Adidas will supply footwear…
