Stories tagged with "parent company"
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New owner plans to close American Lifts in Greensburg
Greensburg — Two weeks after the sale of American Lifts — a 75-year-old Greensburg company that specializes in product-handling hoists — by its parent company,...
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American Lifts to close in Greensburg after sale
Two weeks after the sale of American Lifts — a 75-year-old Greensburg company that specializes in product handling hoists — by its parent company, the facility is...
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Waldenbooks store inside Greenwood mall might close
Greenwood — A Waldenbooks in Greenwood Park Mall is on a list of stores to be closed by parent company Borders Group in January. In an attempt to become a smaller, more...
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AES to sell 15 percent stake in the company for $1.58B
Indianapolis Global power company AES Corp., parent company of Indianapolis Power&Light Co., has reported it is selling a 15 percent stake in itself to China’s investment...
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Waldenbooks in Greenwood Park Mall on list of stores to close in January
A Waldenbooks in Greenwood Park Mall is on a list of stores to be closed by parent company Borders Group in January. In an attempt to become a smaller, more profitable chain in...
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Izod, IRL announce six-year title sponsorship
INDIANAPOLIS — The Indy Racing League will have Izod as a title sponsor next season, an agreement the IRL hopes will expand its fan base and take the series to a “new level.” The...
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Evansville home health agency pays $2M to settle
EVANSVILLE, Ind. — An Evansville home health care agency and its parent company have agreed to pay the federal government $2 million to settle claims that it didn’t...
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Councilman whose dad represents tobacco industry says he won't vote on smoking ban
Tobacco-lobbyist dad will host fundraiser just before smoke ban vote I called Indianapolis City-County Councilman Dane Mahern on Monday afternoon to ask about the interesting...
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Ex-Frontier CEO named exec with Republic
Sean Menke, who most recently served as president and CEO of Frontier Airlines, has been named a high-ranking executive by its new parent company, Republic Airways Holdings. Menke...
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Republic Airways completes purchase of Frontier
Republic Airways today completed its acquisition of Denver-based Frontier Airlines, officially making the Indianapolis flyer a major player in the airline industry....
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Ratepayers get soaked by utility's bad decision
The Sept. 24 article “Water utility to seek another rate increase” says this is needed to “pay tens of millions in fees to extract itself from variable rate bonds...
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Dow Chemical gets OK to sell Morton Salt
Dow Chemical said today that it has received government approval to sell its Morton Salt business, one of several operations that Dow is unloading to help fund its acquisition of...
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MainSource hires some former Irwin workers
GREENSBURG — A week after a Columbus, Ind., bank became the first in Indiana to fail in the current recession, another banking company is hiring nearly a dozen of that...
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Old National $171M stock sale set up for bank buys
Evansville bank Old National has priced a public offering of 18 million shares of common stock at $10 per share as it seeks capital to buy up other troubled financial...
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Frontier bankruptcy plan gets OK; Republic merger advances
INDIANAPOLIS — Frontier Airlines Holdings, the parent company of the 5,000-employee Denver airline, said Thursday that the bankruptcy court for the Southern District of New...
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Creditors give their blessing to Frontier reorganization plan
INDIANAPOLIS — A bankrupt airline that is soon to be acquired by Indianapolis-based Republic Airways has had its reorganization plan approved by creditors. Frontier Airlines...
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Frontier Air creditors clear reorganization plan
A bankrupt airline that is soon to be acquired by Indianapolis-based Republic Airways has had its reorganization plan approved by creditors. Frontier Airlines Holdings, Inc., the...
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The human effect of globalization
A large American flag dominates a wall at Pratt&Whitney’s International Aerospace Tubes plant on Kentucky Avenue. Beneath the flag, a hundred Hoosiers use sophisticated...
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EnerDel parent to take stake in electric vehicle maker
INDIANAPOLIS — Ener1, the parent company of Indianapolis-based EnerDel, will take the lead among a group of investors that plans to inject $47 million of equity funding into...
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Recession puts its stamp on junk mail
You can find a bright spot in the recession as close as your mailbox: There are far fewer hefty catalogs, bulging coupon packets, unwanted credit-card offers and glossy fliers...
