Manufacturer plans $72 million plant, 89 jobs in Lebanon
The company that makes the water-soluble film used to create products such as Tide Pods and Cascade ActionPacs plans to break ground on the 150,000-square-foot manufacturing plant this summer.
IBJ Staff
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Local investigation firm faces suit over evidence in Manning doping probe
The case involves a probe Phenix Investigations Inc. conducted in 2015 after former Indianapolis Colts quarterback Peyton Manning and other star athletes were accused of using performance-enhancing drugs.
Transportation agency director to retire
Lori Kaplan, executive director of the Central Indiana Regional Transportation Authority, has led the organization two years.
Indy Tire & Auto Service takes on new name
Indianapolis-based Indy Tire & Auto Service has a new name: Best-One of Indy.
Cushman & Wakefield names new office leader
Timothy Michel assumes the role of managing principal from Chris Yeakey, who had served in the position since November 2015.
Mounds Mall in Anderson closing after 53 years in business
The very first enclosed shopping center developed by mall giant Melvin Simon & Associates is shutting down at the end of the month. The looming closure of anchor tenant Carson’s was the last straw for the struggling property.
Construction tech-services firm expanding HQ, adding 56 workers
Indianapolis-based Earthwave Technologies Inc. is doubling the size of offices on the city’s northwest side.
Book distributor to terminate 147 employees in local closure
The country’s largest book distributor plans to close its distribution center on the northwest side of Indianapolis, resulting in 147 job losses.
EDITORIAL: Anthem’s silence about Indy HQ is cause for self-reflection
Anthem Inc.'s refusal to confirm it plans to keep its headquarters in Indianapolis serves as a stark reminder to government and corporate leaders of the fragility of corporate headquarters.
Flaherty & Collins plotting $75M project in Cleveland
Flaherty & Collins, which is wrapping up its $120 million 360 Market Square apartment project in Indianapolis, has reached a development agreement for a $75 million mixed-use project in the Cleveland suburb of Cleveland Heights.
KAR to spin off salvage unit into new public company
Carmel-based KAR Auction Services Inc. on Feb.27 said it plans to spin off its Insurance Auto Auctions salvage auction unit in the next year, creating a separate publicly traded company. The separation is designed to “increase shareholder value and focus each company’s strategic priorities on its respective marketplace and unique customers,” the company said in […]
KAR Auction’s proposed spinoff to be headquartered in Illinois
The Carmel-based company plans to separate its Insurance Auto Auctions salvage auction business unit within the next year to create a separate publicly traded company.
KAR to spin off Insurance Auto Auctions unit, creating separate public firm
Carmel-based KAR Auction Services Inc. on Tuesday afternoon said it plans to spin off its Insurance Auto Auctions salvage auction business unit within the next year. The unit accounted for 34 percent of KAR’s revenue last year.
Carmel’s zoning board approves proposed mosque in 3-2 vote
The decision came after a five-hour meeting attended by hundreds of people at the Palladium concert hall, including almost 200 attendees who spoke in favor and against the project.
Emmis shares jump on $60M sale of St. Louis stations
Indianapolis-based Emmis Communications Corp. said it will use proceeds from the sales to pay down debt.
Brown closes Mass Ave eatery, plans new restaurant project with Oesterle
One day after shutting down his upscale southern European eatery in the Mass Ave district, local restaurateur and chef Neal Brown disclosed he was moving on to an even bigger project in partnership with former Angie’s List CEO Bill Oesterle.
Community theater group losing Clay Terrace performance venue
The group has been putting on plays at a space in Carmel’s Clay Terrace shopping center for more than eight years, thanks in large part to the largesse of the landlord. Now it needs to find a new home.
Kitchen equipment maker plans $7M renovation, 75 jobs
The city’s Metropolitan Development Commission on Wednesday approved a personal property tax abatement to support CaptiveAire Systems Inc.’s expansion plan.
EDITORIAL: Public deserves details about $1B health project
The project is too big and too important in its potential size, location and services for the public to be in the dark about exactly what will be located on the site—especially as local officials prepare to start debating zoning changes that could make it possible.