The Indianapolis Airport Authority claims Travelers Property Casualty Co. of America failed to pay it all the money it is owed following a steel-beam collapse during construction of the midfield terminal.
Mayor Greg Ballard takes pride in Rebuild Indy, the city’s nearly $400 million program that doubled the volume of public works projects—and became engineering and construction firms’ largest business opportunity with the city in more than a decade.
The project will connect 16th Street with Crawfordsville Road and Main Street. However, Georgetown Road will be cut off from the intersection and come a dead end.
State officials say revised plans for a section mean fewer homes and businesses would be torn down. And the cost is at least $100 million less than an estimate released last year.
Indianapolis will lose regular passenger rail service to Chicago and possibly a major employment center if the state declines to take over a federal subsidy for Amtrak after Oct. 1.
Solutions 2 Go LLC, a California-based distributor of specialized video game products, said that it will invest $3.3 million to open a facility in Indianapolis, creating the jobs by 2016.
Vending machines aren’t the only reason the Fastenal brand is resonating.
Vending machines, warehouses bristling with technology slash costs.
The stoplight-plagued U.S. 31 through Kokomo will soon be supplanted by a new bypass nearing completion around the city.
INDOT said Wednesday it has awarded a $141 million contract for upgrades between 96th and 136th streets in Carmel to a joint venture between E&B Paving Inc. of Anderson and Gradex Inc. of Indianapolis.
The state hopes to start converting the 21-mile stretch of interstate early next year. The project is estimated to cost $394 million.
Handbag and luggage maker Vera Bradley Inc. plans to bolster its design and distribution centers near Fort Wayne.
The Indianapolis-based trucking firm has agreed to pay $18.5 million to the families of two men who died in a multiple-vehicle accident involving a Celadon truck driver in northwest Indiana in February 2011.
Frontier Airlines, the Denver-based airline owned by Indianapolis-based Republic Airways Holdings, may soon become a legitimate down-market competitor.
Spirit Airlines Inc.’s largest investor, private-equity firm Indigo Partners LLC, is preparing to sell its stake in the discount carrier in what could be preparation to make a bid for Frontier Airlines, a Cowen & Co. analyst said Wednesday.
Central Indiana’s mass-transit planners unveiled detailed route information for the first time Wednesday and say a series of open-house meetings in August will be the public’s last chance to request changes before final recommendations.
The company said it will add 5,000 full-time jobs at its U.S. distribution centers, including hundreds of jobs in Indiana. An unspecified number of those jobs are set to be added in Indianapolis.
Indianapolis-based Republic Airways Holdings Inc. says it has entered into a nonbinding preliminary agreement with a third party that could buy its Frontier Airlines subsidiary.
The Indianapolis-based company on Thursday reported quarterly earnings of $24.6 million, a 23-percent increase over the previous year. The earnings beat consensus analyst predictions by 4 cents per share.
Carmel-based Blue Horseshoe Solutions develops software that manages supplies, warehousing, deliveries, worker productivity and other logistical complexities connected with any number of goods-producing businesses, but about 25 percent of its business falls within the beverage category.
