Judge: Bren Simon can’t liquidate Simon Property holdings
A Hamilton County judge says Mel Simon’s widow can’t cash in partnership units worth more than $500 million.
Regional News
Articles
Cummins expects profit to grow 10 percent a year
Columbus-based Cummins Inc., North America’s largest maker of heavy-duty diesel truck engines, expects pretax profit
to increase 10 percent a year and sales to grow 13 percent annually over the next five years.
Flood leaves redevelopment opportunity for Franklin
The city of Franklin is using the post-flood era to push for comprehensive redevelopment in and around downtown.
The cornerstone of the plan is a flood plain southwest of the courthouse.
Bakehouse drives growth for Scholars Inn
Scholars Inn’s growth engine is its wholesale bakery, which distributes granola and other
fresh products across state lines thanks
to deals with
partners like Kroger.
Lawyers in Simon estate case fight over what should be public
Parties disagreed over public disclosure in the first major court hearing in the dispute over how to divide the billionaire's
fortune.
Logistics firm CEVA to lay off 250 workers in Plainfield
CEVA Logistics U.S. Inc. plans to permanently lay off nearly all of its workers at its warehouse operations in Plainfield,
resulting in the loss of more than 250 jobs.
Magazine names Fishers ‘top affordable suburb’
The Bloomberg BusinessWeek survey gives the town north of Indianapolis high grades for “livability, safety, education, and economic performance.”
Medline opens Plainfield distribution center
Illinois-based medical supplies maker Medline Industries Inc. has opened a distribution center in Plainfield, hiring 50 workers.
Bottled-water company ramps up production in Plainfield
Niagara Bottling LLC recently hired 55 for its plant on Whitaker Road, which will make half-liter bottles of purified municipal
tap water.
Developers line up for Westfield sports complex
Westfield’s Sports Commission is evaluating proposals from three firms interested in helping the town become “The
Family Sports Capital of America.”
Ford supplier Lear to add 200-plus jobs in Hammond
Michigan-based auto components maker Lear Operations Corp. plans to invest more than $2.2 million to expand and upgrade its
manufacturing facility in Hammond, adding more than 285 jobs this year.
Consumer packaging maker Rexam adding 50 jobs
Global consumer packaging manufacturer Rexam plans to expand its operations in Franklin, adding nearly
50 jobs by the end of
the year.
Adesa parent turns profit, beats expectations
KAR Auction Services reported a profit of $5.3 million in the fourth quarter after sustaining a loss in the same period in
2008. The company's CEO attributed the turnaround to several factors, including the completion of an initial public offering.
Tech-savvy Scotty’s owner eyes national expansion
Scott Wise has five Scotty's Brewhouse locations and
is set to debut the Scotty's Lakehouse concept Monday. Within 10 years, he'd like to have
restaurants in the Southeast and on the West Coast.
Medco profit rises as mail-order generics business grows
The pharmacy benefits manager, which has major operations in Whitestown, said fourth quarter profit rose 24 percent.
Moongate Technologies acquired by Michigan firm
Local computer consultant will become part of Dewpoint Inc., upon completion of the acquisition, and will move to Dewpoint’s Carmel
office,
which already has about a dozen employees.
IU names basketball center after billionaire Cooks
Indiana University's new basketball training complex will be named after billionaire entrepreneur Bill Cook and his wife.
IU athletic director Fred Glass says the Cooks gave $15 million—the single largest gift in IU athletics history—toward
the nearly $20 million basketball training center.
Foes keep up 31-year fight over central Indiana landfill
A developer who has been trying for 31 years to build a central Indiana landfill says he’s ready to start construction after
receiving a state permit.
Earthbound RV plans Marion plant, 300 jobs by 2013
A startup firm that makes fuel-efficient recreational vehicles plans to locate its manufacturing operation in Marion, state
officials announced Tuesday night, creating as many as 300 jobs by 2013.
Indiana-made Humvee could soon be an Army relic
The Army provided no new money for the Humvee in the service’s recent budget proposal, and a spokesman says the 2,620 vehicles
ordered from Mishawaka-based AM General will be the last as the Army moves on to newer designs.