Columbus-based Cummins Inc. plans to acquire Toronto-based hydrogen fuel cell maker Hydrogenics Corp. for about $290 million, Cummins announced. Under the terms of the deal, Cummins is expected to pay $15 for each outstanding Hydrogenics share, except for the shares held by Hydrogenics’ largest shareholder. That shareholder, The Hydrogen Co., will maintain its ownership stake in […]
The owner of Pendleton-based Steele Financial Inc., who is already in hot water with the Financial Industry Regulatory Authority and the SEC, has been stripped of her license by the Indiana Department of Insurance.
The move comes as Cummins, long known as a diesel engine powerhouse, expands its efforts in alternative powertrain technologies.
The chain will move into a former Kroger store on the city’s southeast side. Also this week: 16-Bit Bar + Arcade, Greenleaf Juicing Co., U-Haul and more.
At the Winner’s Circle in downtown Indianapolis, Caesars will add extra bar seating and televisions. It also is adding an activity area with cornhole boards and shuffleboard to create more of a sports-bar-like atmosphere.
In the lawsuit, a Pendleton financial adviser says he purchased client accounts from a fellow adviser who then defamed him and persuaded some of those clients to move their money elsewhere.
Croute Baking Co. in downtown Indianapolis won’t be a restaurant, but a multipurpose facility that includes a bakery, developmental kitchen and a small retail operation with a limited grab-and-go food menu.
Also in this week's roundup: The latest on Yo Mama Roux, Goldfish Swim School, Zips Dry Cleaners and Yujo.
The restaurant, Roots Burger Bar, is set to open next week in Muncie, at the site of the original Scotty’s Brewhouse that Wise opened in 1996.
The agreement covers more than 9,000 members of the United Food and Commercial Workers Union who work at 71 Indianapolis-area Kroger stores.
The 8-mile downtown trail features five acres of plantings and 25,000 square feet of bioswales, which are meant to filter pollution from water.
Established in 1997, Creative Works designs, makes and installs set pieces and props for a host of entertainment venues, including escape rooms, virtual reality and esports venues and indoor miniature golf courses.
Investing in the latest tech fad can lead to waste if companies don't have a plan and prepared workforce, the executive said Friday at a Conexus Indiana and IBJ event focusing on advanced manufacturing.
Engineering and design firm HNTB Corp. says it plans to add about 100 employees in the Indianapolis area over the next several years, and it needs the new office to accommodate some of it growth.
The transit system has hit some speed bumps as it works to implement a new model of electric bus that will be its fleet for the Red Line, the rapid-transit route that begins service Labor Day weekend.
Guggman Haus Brewing’s near-west-side tasting room is reviving a pair of historic buildings with ties to one of the Indianapolis Motor Speedway’s most iconic drivers.
Circle City Bicycles, founded in 1922, started its going-out-of-business sale on Monday and expects to close its doors in August.
The company, which is operating out of a 2,000-square-foot space in Irvington, will move this month to a 14,000-square-foot facility on the near-east side due to growing demand.
The eatery-and-entertainment chain plans to take space formerly occupied by a J.C. Penney Home Store. It’s set to open next summer.
The east-side Cajun and creole restaurant is a successor of sorts to Papa Roux, which operated out of the same building before closing last fall.
