Downtown apartment complex expanding
The developer of The Waverley apartments downtown has filed plans to expand the complex because of high demand for one-bedroom
units.
Regional News
Articles
Oak Street Funding raises $50 million in new capital
German group invests in Carmel-based company that specializes in financial services for insurance agencies.
Potential Harley-Davidson plant could become tourist attraction
The so-called Shelbyville site Harley-Davidson is considering for a new assembly plant actually isn’t in Shelbyville,
but rather in an unincorporated portion of Shelby County near the Marion County line.
Kansas City out of running for Harley-Davidson plant
Central Indiana’s chances for landing a Harley-Davidson motorcycle plant have been improved by the elimination of Kansas
City from the list of potential sites.
Delaware County latest to join public-transportation group
Delaware County has become the 10th county to join the Central Indiana Regional Transportation Authority, the quasi-governmental
organization announced today.
University Loft plans 30 jobs in Greenfield
Indianapolis-based University Loft Co. expects to add 30 full-time jobs at its Greenfield manufacturing facility thanks to
a federal pact with the U.S. Marine Corps. The company recently was awarded a multi-million-dollar contract to supply metal
furniture for the Marine Corps’ Camp Lejeune base in North Carolina.
Purdue business school dean to step down
Richard A. Cosier, dean of Purdue University’s Krannert School of Management for the past decade, plans to leave the post
June 30, 2010, the university announced today.
Bloomington’s Kilroy’s opening downtown Indianapolis outpost
Restaurateur Paul Murzyn has signed a lease for the 8,700-square-foot, first-floor
space at 201 S. Meridian St., a historic building with luxury condos upstairs.
Two businesses open at Flagship Enterprise Center
The Anderson-based Flagship Enterprise Center is on a roll. In the last two months, the small-business incubator
and growth-stage accelerator signed up two new clients: software developers Soveryn Inc. and Coeus Technology.
Kokomo plants benefit from ‘clunkers’ program
The federal government’s popular Cash for Clunkers program that ended Monday gave a boost to Kokomo’s Chrysler
plants.
Indianapolis utility could buy Lake Monroe water
Indianapolis Power & Light Co. has agreed to a 20-year contract with a state agency to potentially draw millions of gallons
of water from southern Indiana’s Lake Monroe.
Singer Michael Feinstein signs Carmel contract
The incoming head of Carmel’s new $118 million performing arts center says singer Michael Feinstein has agreed to become the
center’s artistic director.
Cummins moving some operations to Mexico
A filtration division of Columbus-based Cummins Inc. will move a large portion of its North American assembly operations to
a plant in Mexico to keep the business competitive, the company said today.
Fishers biz grows from dog-walking to full-service pet care
Cristi Melson started Purrs & Gurrs 2-1/2 years ago with an idea and some fliers she distributed door to door. She
didn’t have a formal business plan then and still doesn’t.
Union sues Conseco over restatement
Carmel-based Conseco Inc. faces a shareholder lawsuit by a union pension fund over an earnings restatement the company made
18 months ago.
Area home sales, prices still falling
Home-sale agreements in the nine-county Indianapolis area dropped 3.1 percent in July over the same month a year ago, according
to a report released yesterday by F.C. Tucker Co.
Beverage firm to open Columbus plant
Tipton Mills, a New York specialty beverage company, announced today it will locate a plant in Columbus, Ind., creating
more than 40 jobs.
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.
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.