Auto parts business to close local distribution center, terminate 83 workers
Federal-Mogul Motorparts LLC plans to close a distribution center on the northwest side of Indianapolis over the next six months.
IBJ Staff
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IBJ real estate panel talks apartments, Mass Ave, Castleton
Experts at IBJ’s Commercial Real Estate Power Breakfast said the fundamentals of downtown’s apartment market remain strong.
Retirement shuffles management team at local radio station WTTS-FM
Indianapolis radio station WTTS-FM 92.3 is shaking up its longtime management team, Bloomington-based parent company Sarkes Tarzian Inc. announced Tuesday.
UPDATE: Sports columnist Kravitz confirms impending departure from WTHR
A source told IBJ on Tuesday that Kravitz had been laid off with several others at the top-rated local TV station.
Greenwood approves incentives for potential $80M Amazon project
The mysterious company that is considering building an $80 million distribution facility in Greenwood and creating 1,250 full-time jobs was revealed Monday night during a city council meeting.
French Lick Resort plans $17 million expansion project
The six-story addition will add 56 guestrooms and a sports bar to the southern Indiana tourist destination.
SEC charges local investment adviser, a former math teacher, with fraud
The complaint alleges that the former middle school math teacher “took advantage” of current or former teachers and other workers in public education by selling them “extremely risky securities” that brought her commissions worth $2.5 million.
Former racer Sarah Fisher, partners acquire south-side kart track
A team including former IndyCar driver Sarah Fisher purchased the aging track in a last-ditch effort to prevent the property from being bulldozed.
New Bon-Ton owner has no plan to reopen Carson’s store in Circle Centre
Merrillville-based CSC Generation Holdings Inc., which acquired Bon-Ton’s intellectual property in bankruptcy court, said Indiana was not part of its initial plan to reopen stores.
For-profit educator Harrison College going out of business
Harrison, which was founded in Marion in 1902 as Indiana Business College, said it would close all of its campuses in three states on Sunday.
WISH-TV beefs up weekend schedule with extra news programming
WISH-TV Channel 8 plans to extend its weekend news coverage by a half-hour on Saturdays and Sundays, the station announced this week.
Former Carmel stock broker pleads guilty to fraud
A former Carmel resident pleaded guilty Wednesday to evading taxes on more than $1.2 million in income related to the multimillion sale of a rare painting.
Records
Fundraising Chaucie’s Place to benefit from Treasure our Children Gala on Sept. 19, 6- 9 p.m. at Ritz Charles, 12156 N. Meridian St., Carmel. Attire: Semi-Formal. Tickets: $150 for two; $80 for one. Contact [email protected]. Holliday Park to benefit from Friends of Holliday Park’s Rock the Ruins event on Sept. 22, from 5 p.m.-10 p.m. […]
Editorial: Toll hike for heavy vehicles is smart boost for infrastructure
Finding the money to pay for infrastructure is a trick in an age when “no” is the default answer to any request for across-the-board tax increases.
French Lick Resort continues ‘love affair’ with women’s professional golf
The Senior LPGA Championship, a major event for the Legends Tour, has cemented French Lick Resort’s reputation as a top site for women’s golf tournaments. This year’s tourney is set for Oct. 15-17.
Butler named top Midwest regional university in U.S. News ranking
Purdue University finished in the top 20 among the nation’s top public schools and Indiana University’s business program fared well.
Hurco shares jump after manufacturer reports record sales
Quarterly sales in Hurco’s European region rose to $44.1 million, a 31 percent jump over the same period of 2017.
Big Brothers Big Sisters buys Meridian Street building for new HQ
The not-for-profit, which matches at-risk children with adult mentors, expects to begin renovations on the 20,000-square-foot building by mid-October, with completion scheduled for April.
Indiana-based company to resurrect Carson’s, other Bon-Ton stores
The company said it was in “advanced discussions with landlords” about reopening stores in Indiana and several other states. Bon-Ton closed 15 stores in Indiana this year, including the Carson’s in Circle Centre mall.
Franklin College lands $2M gift from former Eli Lilly executive
The money will be used to create a super endowment that will help fund future projects in perpetuity, Franklin College President Thomas Minar said.