Indy manufacturer with 137 local workers closing after 86 years in business
Mitchel & Scott Machine Co. told the state this week that it will be closing operations and terminating all employees on Oct. 25.
IBJ Staff
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Dora, Shapiro plan 6-story downtown hotel on South Meridian Street
Dora Hospitality Group is teaming with the owner of Shapiro’s Delicatessen to build the hotel at Meridian and Sycamore streets. The project will bring a new IHG hotel brand to Indianapolis.
Indiana University approves new degrees
At the IU Bloomington campus, the degrees include a bachelor of science in cybersecurity and global policy. The degree will be a collaboration between the School of Informatics, Computing and Engineering, and the Hamilton Lugar School of Global and International Studies.
Franklin College reforms curriculum
The college of about 1,000 students located in Johnson County said the four-year Pursuit program makes engaged learning an integral part of every student’s college experience.
Purdue gets $10M for food safety lab
The funding comes from the U.S. Agency for International Development and will go toward the university’s Feed the Future Innovation Lab for Food Safety.
Eleven Fifty Academy moving headquarters to downtown Indianapolis
The academy plans to spend $5 million to move its headquarters from Fishers to Indianapolis, officials for the 5-year-old coding school announced Tuesday.
Elanco says it’s buying Bayer division for $7.6 billion
The purchase would swell Elanco from the world’s fourth-largest animal health player to the second-largest, behind only New Jersey-based Zoetis.
Central Indiana home builders snap 7-month slump with big July
It was the most-active July for single-family construction permit filings since 2006, when 746 permits were filed during the month.
Global gas manufacturer seeks $2M tax break on $38.3M project
An affiliate of Germany-based Messer Group wants to build a new facility on the south side of Indianapolis for making atmospheric gases for health care providers, food processors, and glass and metal fabricators.
Caito Foods to close Fresh Kitchen operations, eliminate 53 workers
Produce company Caito Foods LLC is set to shut down its Fresh Kitchen operations in Indianapolis, less than three years after opening the $32 million facility.
Indiana State Fair wraps up with slight increase in attendance
Storms and severe weather warnings held back crowds at the Indiana State Fair on closing weekend.
Local environmental not-for-profit names new leader
Jeremy Kranowitz, most recently the managing director for sustainability for a New York City-based group, will take the top spot at Keep Indianapolis Beautiful.
Mind Trust lands $4.6M grant from Walton Family Foundation
The Walton Family Foundation was created by Walmart founder Sam Walton and his wife, Helen. The group awarded more than $595 million in education-related grants in 2018 alone.
Area existing-home sales break out of seven-month slump
The median sales price for an existing single-family home in the Indianapolis area increased 10.1%, to $200,295, marking the third straight monthly record.
Indiana’s unemployment rate dips in July
At 3.4%, Indiana’s rate remained lower than those of all neighboring states and the country as a whole.
Plus-sized retailer with two local stores going out of business
Women’s retailer Avenue Stores LLC is closing all 222 of its locations in 33 states, the company announced this week.
Fast-growing logistics firm planning to hire 35 in Indianapolis
The fastest-growing company in the Indianapolis area is making plans for more growth throughout the state.
Fishers woman to spend years in prison for fraud, identity theft
A 25-year-old Fishers woman has been sentenced to nearly five years in federal prison after she pleaded guilty to identity theft and defrauding banks of more than $115,000.
Merger brings together two Indianapolis-area elder law firms
Carol Applegate and Lisa Dillman have joined their firms to form Applegate and Dillman Elder Law, they announced Tuesday.
Two Carmel law firms join forces
Hollingsworth & Zivitz has merged with Roberts Means LLC to form Hollingsworth Roberts Means, the new firm announced Tuesday.