Articles

Indiana Limestone wins court approval for auction

The owner of Indiana Limestone Co. has received court approval to hold an April sale to see whether there are any better offers for virtually all its assets than the $26 million bid by lender Indiana Commercial Finance LLC.

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Firm passed over for Ball State planetarium cries foul

Bowen Technovation President Jeff Bowen says the university unfairly favored his Florida-based competitor to install a sophisticated audio-visual system for its new planetarium, but Ball State maintains there was nothing wrong with its process for awarding the nearly $2 million contract.

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Crunching the numbers on Obamacare

The biggest changes from President Obama’s 2010 health reform law take effect nine months from now, so many Hoosier employers have started crunching detailed numbers to cost out their options.

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Defender Direct acquires Williams Comfort Air

Home-security and satellite-dish installer Defender Direct Inc. has acquired local heating, cooling and plumbing powerhouse Williams Comfort Air, creating a home-services company with nearly 2,200 employees and $335 million in annual revenue.

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Anderson tests new pavement-recycling process

Anderson is the first city in Indiana to try a process that uses infrared technology to heat and melt existing asphalt, which is then broken up and removed, mixed with fresh oil and returned to the road surface.

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Indiana construction biz acquired by Swedish firm

Stockholm-based Skanska AB, the Nordic region’s biggest builder, has purchased Industrial Contractors Inc. for $135 million, boosting its U.S. presence with its first acquisition in the United States in a decade.

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