Kmart closing Martinsville store
Kmart Corp. has notified the Indiana Department of Workforce Development that its Martinsville store will close Nov. 30, costing
48 employees their jobs.
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BREAKING: Schrenker sentenced to 51 months in prison
Indiana money manager Marcus Schrenker was sentenced to 51 months in federal prison today in Florida on charges that he deliberately
crashed his plane to fake his own death and flee financial ruin, according to the Pensacola News Journal.
Harley-Davidson scouts Shelby County for site
Milwaukee-based Harley-Davidson Inc. is considering Shelby County as the site for a massive new motorcycle plant.
State gambling revenue expected to stay flat
Indiana’s share of tax money generated by the state’s 13 casinos is expected to remain relatively flat for at
least the next few years, a state fiscal analyst told Gaming Study Committee members this morning.
Director of Carmel performing arts center says venue will be ‘amazing’
Steven Libman believes he’ll have no trouble raising money for a $3 million operating budget, and says he plans to
pack the calendar with big-name acts.
MillerWhite signs deal with Shelby County Development Corp.
MillerWhite LLC, an Indianapolis-based marketing and communications firm, recently signed a deal to produce
a new logo, tag line and Web site for the Shelby County Development Corp., a Shelbyville-based economic development organization.
Marcus Schrenker gets prison sentence
The Indianapolis money manager who crashed his plane and parachuted to safety in an elaborate scheme
to fake his death and flee financial ruin, has been sentenced to more than four years in federal prison.
Site visit lifts county’s hopes for landing Harley
Harley-Davidson Inc. officials were in Shelby County yesterday assessing it as a location for a new motorcycle plant, but
it isn’t yet clear how the county stacks up to other U.S. locales that also are in the running for the economic-development
prize.
Furniture maker trims losses in second quarter
West Lafayette furniture maker Chromcraft Revington Inc. narrowed its losses in the second quarter by shedding unprofitable
products, closing plants and reducing expenses, the company said yesterday.
Rushville broadband firm plans 100 jobs
Rushville-based Omnicity Corp. said this morning that it plans to create 100 jobs there within the next three years by investing
$2.5 million in wireless infrastructure and a new corporate headquarters.
Phoenix Group expands, may add 200 jobs
The Phoenix Group, a Greenwood-based supply-chain services company, said yesterday that it has added 15 employees within the
past month and plans to hire about 200 more workers by the end of 2010.
Dental startup locating in Noblesville
Therametric Technologies Inc., a developer of dental health technology, said today it will locate its headquarters and manufacturing
operations in Noblesville, and plans to create 40 jobs by 2013.
Artists expanding presence in western suburbs
Several arts groups are expanding their presence in Hendricks County, undeterred by tight budgets and a perception that residents
need to travel to Indianapolis for cultural offerings.
First Farmers acquiring CB Bank Shares
Converse-based First Farmers Financial Corp. said this morning it has agreed to acquire CB Bank Shares Inc. in Russiaville.
Abatement approval paves way for Covance jobs
The Hancock County Council this morning unanimously approved a tax-incentive agreement that should lead Covance Inc. to add
315 jobs at its Greenfield Laboratories.
Vet supplier promises 30 jobs in Whitestown
Idaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in
Whitestown, creating more than 30 new jobs by the end of the year.
Carmel tech staffing firm Sales Diesel closes
Sales Diesel, a Carmel company that provided salespeople for technology companies, appears to be out of business. The firm’s Web site was taken down last week and calls to its 11590 N. Meridian St. offices were not returned.
Hamilton County Alliance spins off entrepreneurial center
The Hamilton County Alliance economic development group has spun off its Entrepreneurship Advancement Center, which serves
fast-growing startup businesses in Carmel, Fishers, Noblesville, Westfield and the rest of Hamilton County.
Brownsburg car detailer lands link to upcoming movie
Mike Shumaker’s Brownsburg firm Driven Auto Detail spiffed up a Porsche for the upcoming movie “Whistleblower,” starring Matt
Damon.
Irwin Financial narrows losses, continues restructuring
Irwin Financial Corp. narrowed its losses in the second quarter, as the company continued to restructure or face the possible
suspension of its business.