Logistics firm on hiring spree settles into larger downtown digs
Direct Connect Logistix has left the Stutz building for more space in the Cosmopolitan on the Canal building as part of its plan to add as many as 90 workers by the end of 2020.
IBJ Staff
Articles
EDITORIAL: Workforce issues top IBJ’s agenda for Legislature
Eliminating the smokers’ bill of rights, fixing the state’s sexual harassment law, and Sunday alcohol sales also made our list of important legislation.
Area home sales rise despite higher prices, fewer choices
The total number of active home listings in the region dropped 18.9 percent on a year-over-year basis at the end of November. New listings were down 5.5 percent.
Area home builders see another month of rising demand
The Indianapolis area is on pace to have its biggest year in new-home sales since 2007, when 7,331 building permits were filed.
2017 TOP STORIES: IBJ’s Forty Under 40 turns 25
IBJ celebrated the milestone with a weekly series highlighting each class, including updated information about previous honorees.
Celadon revises credit agreement with lenders
Indianapolis-based trucking company Celadon Group Inc. on Tuesday announced it has reached a new agreement in its ongoing effort to get its financial house in order.
Brixx pizza set to reopen in Fishers with new owners
The restaurant at The Depot at Nickel Plate is scheduled to reopen in February, four months after closing abruptly at the same location.
Indiana’s unemployment rate slips to 3.7 percent
The rate has crept up from 3 percent in June, when it narrowly missed a state-record low of 2.9 percent, last achieved in 2000.
Large Castleton apartment complex sells for $44.6M
A California company bought the 512-unit Avery Point Apartments, which was finished in 1986 and consists of 58 two-story buildings.
Finish Line shares jump on solid quarterly results
The Indianapolis-based athletic shoe and apparel company still posted a loss, but it was smaller than what analysts had expected.
Another upscale downtown restaurant closing at end of month
Chef Joseph’s on East Ohio Street will shut its doors upon the retirement of executive chef Joseph Heidenreich, ending a six-year run.
Downtown building owner seeks tax break for $2M renovation
Growing architecture firm Guidon Design Inc. plans to occupy the currently vacant and dilapidated structure on North Pennsylvania Street and boost employment by nearly 50 percent.
Vehicle parts maker plans $7M tech center in Fishers
Thyssenkrupp Steering will create 64 new jobs and plans to move existing positions from its operations in Indianapolis to the new location at Exit Five Parkway.
Records
Bankruptcies GEOL LLC, 425 E. Washington St., Shelbyville, 46176, chapter 7 liquidation, liabilities: $273,120; assets: $277,881. In Recognition Kerwin Olson & Jennifer Washburn, respectively, the executive director and legal counsel for Citizens Action Coalition, as well as Youth Power Indiana have both been honored with Mal Atherton Awards for Climate Advocacy by the Hoosier Environmental […]
Technology consultant adding 116 employees to local workforce
Moser Consulting Inc. plans to spend more than $1.5 million at its local headquarters to accommodate the expansion.
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.
EDITORIAL: Let’s make strides on smoking crisis by raising smoking age
Health care research finds that young people have a propensity to start smoking in their late teens but are highly unlikely to start once they reach 21.
Indianapolis software firm planning to hire 102
The 5-year-old company said it will spend about $2 million to improve its existing 10,000-square-foot downtown office.
Culinary complex in Fishers reveals first two tenants
A local restaurateur with a long track record in red meat and high-end dining is planning both a casual eatery and throwback watering hole at The Yard at Fishers District.
Indianapolis to host 2021 NBA All-Star Game
This will be the first time Indianapolis has hosted the event since 1985. It will be held at the 18,165-seat Bankers Life Fieldhouse, not at Lucas Oil Stadium, which seats more than 70,000, an option officials involved with the bid also considered.