Retailer plans 250-worker Hendricks County warehouse
Gordmans, an apparel and home decor retailer, said it will spend $37.5 million to construct and equip a 545,000-square-foot distribution center in Clayton.
IBJ Staff
Articles
Celadon receives incentives for $5.2M driving training center
The Indianapolis-based trucking carrier plans to build a $5.25 million driver-training center and add 182 jobs as part of its latest expansion at its east-side corporate campus.
Local Taco Bell franchisee acquired by California firm
Southern Bells Inc., an Indianapolis-based franchisee that operates 76 regional fast-food restaurants, has been acquired by the country’s largest franchisee of Applebee’s restaurants.
Fishers auto supplier moving to Anderson
Keihin North America Inc. plans to relocate between 130 and 175 management, engineering and development jobs to the Flagship Enterprise Center.
Railroad company expanding Indianapolis terminal
Indiana Rail Road Co. will construct an intermodel terminal to give Indiana companies an all-rail option for products moving to and from Asia in containers.
White poised to step down as chief of IPS
Eugene White has led Indianapolis Public Schools for seven years. His planned departure follows the recent election of reform-minded school board candidates who have questioned whether he is the right leader for the district.
Area home sales rise for 20th straight month
Home-sale agreements in the nine-county Indianapolis area jumped 12.2 percent in December, marking a 20th straight month of gains and capping off a strong year for residential real estate.
Hurco reports increase in quarterly, annual profit
The Indianapolis-based maker of computer-controlled machining tools attributed much of the increase to higher demand for its products in North America and Europe.
EDITORIAL: City government’s good vibrations
The Indianapolis budget accord announced Jan. 7 by Mayor Greg Ballard and City-County Council leaders is worth at least some polite applause.
NFP of NOTE: Heritage Place of Indianapolis Inc.
Heritage Place of Indianapolis Inc. provides older adults with comprehensive and coordinated human services to encourage and promote healthy lifestyles, independence, well-being and quality of life.
Indians continue trend of higher profit
The city’s professional baseball team has thrived financially since 2009, bucking the woes of the economy.
ExactTarget stock finishes year in positive territory
The marketing software maker that went public in March is ahead of its offering price even as it suffers because of some competitors’ woes.
Democrats alter City-County Council posts, GOP member steps down
John Barth replaces Brian Mahern, a fierce opponent of some of Mayor Ballard’s policies, as council vice president.
Indianapolis government workers in line for raises
The merit raises for non-union employees come as the city tries to trim expenses by 5 percent.
Tobias Insurance agency merges with Florida firm
Tobias Insurance, the Indianapolis area’s eighth-largest independent insurance brokerage, is now part of Florida-based AssuredPartners. Tobias will retain its name, employees and leadership.
Mass transit group kicking off promotional campaign
Indy Connect, the local initiative supporting a $1.3 billion expansion of the transit system, plans to begin an advertising campaign for the proposal on Friday.
BioCrossroads seed fund makes first investments
Local startups Esanex Inc. and Algaeon Inc. have received $500,000 and $250,000, respectively, from Indiana Seed Fund II, BioCrossroads’ second fund to help fledgling life sciences companies.
Sprint first carrier to sign on to FM radio service
Sprint on Tuesday announced a preliminary agreement with radio industry representatives that will enable customers to listen to local FM radio stations on their mobile phones. Emmis CEO Jeff Smulyan was a key negotiator in making the deal.