Articles

Indiana-born coat-checking firm gains steam after ‘Shark Tank’ appearance

Derek Pacqu&eacute, who started CoatChex in 2010, appeared a year ago on the ABC show in which entrepreneurs pitch their ideas to prominent investors. Billionaire Mark Cuban offered to invest but wanted a large ownership stake. Pacqu&eacute said no, and has since grown his company.

But really, he said, the company is doing just fine without the billionaire.

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Health law fuels modest rise in costs

It’s long been known that Obamacare would make health benefits more expensive for most employers. Now, it’s finally becoming clearer by how much: about 9 percent, on average, according to a series of actuarial studies.

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Carmel firm’s bird feeders perched in 2,700 Walmarts

Sisters Jan Long and Chris Mowery had little more than an idea in 1995 when they trekked to Kmart’s corporate headquarters to pitch a product they thought had potential: a recyclable bird feeder their father had designed to promote his plastics business. They left with their first big contract.

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Tech companies building a charitable niche

An emerging group of software companies focused on serving charities—combined with the fact the city is home to the only philanthropy college in the country—could make the area a hotbed for an often-ignored area of business.

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Eco-friendly lighting firm gains wattage after recession

Eco Lighting Solutions in Fishers designs and sells induction lighting, which costs less to install than LED and requires less energy than fluorescent. Induction lights work a lot like cheaper fluorescent ones, but don’t burn out as quickly.

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RV exec seeking new start in Indy

A member of one of the recreational vehicle industry’s elite families hopes to get a fresh start in Indianapolis by launching a manufacturer of super-high-end RVs.

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Noblesville company taking on industry giants with healthier snacks

The Darlington snack company for 30 years peddled sweet treats to large institutional users—think schools, hospitals and nursing homes. But growing concerns over America’s obesity epidemic have the small Noblesville company hanging its hopes on healthier fare: all-natural, whole-grain-rich snacks.

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New gadget revives waterlogged cellphones

Joel Trusty realized that if he could remove all the atmospheric pressure from a chamber, he could turn liquid—even liquid inside a cell phone—into a gas at a much lower temperature than otherwise possible.

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Omnicity lured teen to invest, state says

State securities regulators allege that principals of Omnicity Corp. goaded a 19-year-old to invest $100,000 from his inheritance into the wireless broadband firm so that it could clinch the purchase of an Ohio carrier in 2010.

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