MD Logistics adds fourth warehouse in Plainfield
The third-party logistics company said it plans to increase its workforce by 50 full-time workers over the next five years.
IBJ Staff
Articles
Indiana’s unemployment rate holds steady
Indiana’s labor-force participation rate—the percentage of the state’s population that is either employed or actively seeking work—stayed at 65.1 percent in January.
Pete the Planner coming to IBJ
IBJ has added comedian-turned-money-man Peter Dunn’s Pete the Planner column to its roster, starting March 15, when it will appear in the paper’s print edition and at IBJ.com.
Fashion retailer with five local stores going out of business
The 44-year-old fashion retailer, which declared Chapter 11 bankruptcy last month, said it would begin liquidation sales at all 416 locations nationwide.
Shake Shack scouting Indianapolis market for restaurant locations
The New York-based chain plans to add 36 to 40 locations this year. It is advertising for Indianapolis restaurant staff but has not announced it is coming.
Candlewood Suites lands $10M in financing
Candlewood plans to use the money for extensive renovations at its 142-room property.
Centier to open Greenwood loan office
Centier is a family-owned bank with 61 Indiana offices, including two in Zionsville and one each in Indianapolis, Carmel, Fishers and Westfield.
Old National CEO stepping aside
Old National has undergone a transformation since Jones joined the bank, shifting from low-growth markets to entering markets that offered a better opportunity for growth.
Kurt Vonnegut Museum planning to buy building on Indiana Avenue
The Kurt Vonnegut Museum and Library is hoping to raise $1.5 million to acquire the building, which would house the museum and a cafe operated by the owners of Bluebeard restaurant.
Two local Rally’s shut down after health code violations
Health code inspections in recent months have found numerous violations at the fast-food restaurants.
Area sock maker acquired by founder’s daughter, private equity firm
Martinsville-based For Bare Feet Inc., a 35-year-old manufacturer and distributor of novelty socks, has been sold.
Barber, Catchings named executive leaders of Indiana Fever
The former chancellor of Western Governors University Indiana and a former superstar player were named Monday to oversee operations of the city’s WNBA franchise.
Lilly to introduce generic version of insulin at half off Humalog’s list price
The move comes at a time drug makers, especially those that make insulin, are facing withering criticism for raising prices.
WGU Indiana appoints new chancellor
Alison Bell succeeds Allison Barber, who had been chancellor of WGU Indiana from 2010 until May.
Alternative newspaper Nuvo ceasing print publication
Nuvo has ceased print publication and is eliminating most of its staff, the editor of the 29-year-old local alternative newspaper announced Saturday on social media.
Allison Transmission to build major testing facility in Speedway
Allison Transmission Holdings Inc. announced Thursday that it plans to build a multimillion-dollar vehicle-testing facility in Speedway that will be the only one of its kind in the Midwest.
Existing-home sales in central Indiana fall for second straight month
One encouraging sign for future months was pending home sales, which rose 17.1 percent in January.
Local news anchor, reporter takes job with Milwaukee TV station
Matt Smith, an anchor and political reporter at WTTV-TV Channel 4 and WXIN Channel 59 for the past four years, has left the local stations.
Shiel Sexton taps new president
Kevin Hunt, 50, is assuming the presidency from Mike Dilts, 63, who remains CEO and chairman.
Flaherty & Collins plans $170M Michigan project
The project in suburban Detroit will include 500 apartments, a 200-room hotel, 20,000 square feet of retail and dining space, and a 30,000-square-foot grocery.