Southern Indiana ethanol plant starts after long halt on work
Aventine Renewable Energy is ramping up production at an ethanol plant in southwestern Indiana that is now operating after construction work was halted for more than a year.
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Platinum Equity wraps American Commercial buyout
The sale of inland marine shipping company American Commercial Lines Inc. to an affiliate of Platinum Equity closed on Tuesday. Jeffersonville-based ACL was one of the state’s largest public companies.
Deal saves Carmel, Fishers commuter bus routes
The service, funded for the last three years by a federal grant that expires on Dec. 31, 2010, was set to end on that date unless new arrangements could be made.
Airport consultant presents long-term land-use plan
Much-hyped study won’t portend immediate investment, but will help steer development on and around airport through 2040.
Commuter bus might be saved
Routes to Carmel and Fishers that were to be discontinued at the end of the year are on the verge of being rescued.
Court sides with FedEx in dispute with drivers
FedEx, which has a distribution hub in Indianapolis, has long asserted that its drivers should be classified as independent contractors.
Lost funding puts brakes on commuter buses
The expiration of a federal grant will halt a popular suburban commuter bus service at year’s end, but central Indiana transit advocates say it may be just a temporary stoppage.
Brightpoint making $80M acquisition
Indianapolis-based Brightpoint Inc. said Monday it has agreed to acquire Touchstone Wireless Repair and Logistics LP in an $80 million deal expected to close by the end of the year.
FinishMaster to be acquired in $172M deal
Indianapolis-based FinishMaster Inc. announced late Thursday it will be acquired by a unit of Uni-Select Inc. of Canada for $172 million.
Airport Authority to auction castoffs
Forget a ribbon-wrapped Lexus for the holidays when you can land a deal on an aircraft tow tractor or an aerial boom lift.
Controversial airport scanners identify more crooks than terrorists
The federal government’s latest, more-intrusive airport screening measures appear more useful in finding drugs and wads of cash than tools of terror, a review of Indianapolis Airport Police records suggests.
Office-supply cooperative Stationers lands big contract
A local company whose mission is to help mom-and-pop office-products dealers survive has a new weapon in the fight against big-box retailers.
Republic sues website operator over airline gift cards
Indianapolis-based Republic Airways Holdings Inc. and its Frontier Airlines unit filed a trademark-infringement case against the operator of a website offering gift cards as consumer incentives.
Indianapolis airport credit rating maintains altitude
Moody’s said the airport has a diversified mix of carriers and cargo operations, little competition from other airports, and a stable market area.
Abandoned United Airlines repair base now bustling
Seven years ago, United Airlines abandoned the 1.7-million-square-foot aircraft repair base that once employed 3,000 people. Today, the mall-sized complex is humming and is essentially fully occupied.
HOLT: Regional airports can fuel economic development
Some smaller airports have excess cargo capacity.
Exports fueling Indiana business growth
Firms are taking matters into their own hands to open trade relationships overseas, developing export policies they hope will benefit themselves and their communities.
Online Transport buys Frontier assets from Toronto firm
Greenfield trucking company buys 794 trailers from Toronto-based Vitran Corp. for about $5 million to bolster operations.
Logistics provider moves to city’s northwest side
FitzMark Inc. relocates to space on Zionsville Road to accommodate growth, much of it resulting from the launch of an online subsidiary called FreightCity Inc.
Brightpoint takes over s2f after big growth plans fizzle
Minority-owned logistics firm s2f Worldwide, started a year ago with high-profile investors and tax incentives in tow, has been acquired by Brightpoint Inc. The deal closed about three weeks ago, said former s2f CEO Randall Lewis.