Symphony reports record ticket sales, balanced budget
The Indianapolis Symphony Orchestra experienced its fifth straight year of record ticket sales during the 2016-17 season while meeting budget projections for the fourth time in five years.
IBJ Staff
Articles
Lee & Associates lands real estate veteran
Rebecca Wells arrives from JLL to boost the firm’s capital markets team in the Midwest.
Two Zionsville companies to expand, add 72 employees
Both companies are expected to receive economic development incentives from the city of Zionsville and the state.
Fishers medical manufacturer with 69 employees plans closure
Hill-Rom Holdings Inc., which owns Tridien Medical, said it plans to begin eliminating employees Jan. 31 with terminations continuing until Sept. 30, when the facility will permanently close.
Brown’s biotech startup to hire 225, invest $16M in HQ
A company founded a year ago by prominent local tech entrepreneur Don Brown expects to pay average salaries of $156,000 a year in new space at the IU Emerging Technology Center.
Posh downtown restaurant in Alexander hotel closing at end of month
The owner announced on Friday that the Asian-inspired fine-dining establishment will stop serving on Dec. 31, after a five-year run in the CityWay development.
Cajun eatery in Fountain Square to close before Christmas
In a Facebook post, B’s Po Boy said it couldn’t maintain enough business year-round to stay open.
Holiday Wish List
Here is a list of Indianapolis-area not-for-profit organizations and the things each needs most. This is an opportunity for businesses and individuals to make tax-deductible gifts in the spirit of the season. Anyone who wishes to make a contribution should contact the organization directly.
Fishers tech firm plans $8M expansion, 68 high-wage jobs
The company said it will renovate and update equipment at its 10,000-square-foot facility at 9128 Technology Lane, west of the Interstate 69 and State Road 37 exit.
EDITORIAL: Downtown worth extra investment
While we support creating an EID and applaud Downtown Indy’s championing of the effort, we understand the reluctance of some property owners to support it until they get a clearer explanation of how the money would be used.
Business leader, philanthropist Andre Lacy dies at 78
Andre B. Lacy was known for his prolific work on corporate boards and as an active leader of several influential civic organizations. But he is likely to be best remembered for his recent philanthropy, which included a $25 million gift to Butler University’s college of business.
Radio giant Cumulus files for bankruptcy protection
The company, whose Indianapolis holdings include WFMS-FM 95.5 and WJJK-FM 104.5, said station operations will continue as normal as it seeks to shed more than $1 billion in debt.
Duke paying special dividend after $2.8B divestiture
The special payout will cost the company more than $302 million.
Plainfield industrial park adding 500,000 square feet
Construction is under way on two buildings totaling 500,000 square feet in the Metro Air Business Park in Plainfield and should be completed next spring.
Cook Group starting expansion project
Medical-device maker Cook Group expects to start work this month on an expansion project as it takes over the former General Electric refrigerator factory in Bloomington. Cook spokeswoman Marsha Lovejoy said her company should soon complete its purchase of the factory, which shut down last year. Cook announced in September it would buy the 70-acre […]
Indy not among finalists for next two Major League Soccer franchises
Major League Soccer on Wednesday announced four finalists for the two expansion clubs it is scheduled to add by the end of the year. Indianapolis is not among the four, but MLS said the city could be considered for two other franchises it wants to add in the future.
Central Indiana home sales, prices soar as inventories shrink
Area home sales have risen on a year-over-year basis in 21 of the last 24 months.
Local tech firm rolls out $1M ransomware protection guarantee
LifeOmic Inc., a fledgling Indianapolis-based tech company that provides cloud storage to medical users, is trying to make a rapid splash in the health care IT industry by offering what its says is an unprecedented marketing promise.
Home Place agrees to stop legal fight with Carmel over annexation
The long legal battle between the city of Carmel and the residents of the small community in Clay Township known as Home Place appears to be over.