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Articles

Ambrose, city likely to spend years in court over GM site development

November 22, 2019 | Mickey Shuey

Negotiations could be difficult, given that both sides have strong arguments, legal experts say.

Timeline: Ambrose and the GM stamping plant site

November 22, 2019

Hopes were high nearly 2-1/2 years ago, when Ambrose was selected to redevelop the GM stamping plant site. But the deal has since fallen apart. Here’s the play by play.

Alaska Airlines adding seasonal flight from Indy to Seattle

December 9, 2019 | IBJ Staff

The flights from Indianapolis International Airport to Seattle-Tacoma International Airport begin May 21. They will feature local departure times of 8 a.m. and local arrival times of 6:30 a.m.

Boston firm buys 10 industrial buildings for $62 million

December 11, 2019 | Mickey Shuey

Plymouth Industrial Real Estate Investment Trust said Tuesday that it acquired the nine-building Shadeland Commerce Center and a 353,000-square-foot building at 7901 W. 21st St.

2019 CFO of the Year: Joe Allman

December 11, 2019

Joe Allman led a financial streamlining that reduced the company’s number of airlines from three to one and its aircraft types from three to one.

2019 CFO of the Year: Gregory A. Ginder

December 11, 2019

During Gregory Ginder’s tenure as Marian University’s top financial executive, the school’s annual budget has grown from $7 million to more than $100 million and its endowment from about $15 million to more than $60 million.

Pence traveling to Indiana for private event with governor

December 11, 2019 | Associated Press

Vice President Mike Pence’s office announced Wednesday that Pence will fly Friday afternoon into Indianapolis International Airport and take part in what it calls a roundtable for Gov. Eric Holcomb, who is seeking reelection next year.

MIKE LOPRESTI: In Carmel, ‘Richard Jewell’ is more than a movie

December 12, 2019

The city celebrated the man who had been wrongly accused of planting a bomb at the Olympic Games in Atlanta.

Interchange, trail spark development on 106th Street in Fishers

December 13, 2019 | Kurt Christian

The lion’s share of Fishers’ recent high-intensity development has taken place at East 116th Street and Interstate 69, but a wave of projects is coming together just to the south.

Indianapolis Airport Authority selling 18-acre tract in Greenfield

December 16, 2019 | Susan Orr

Business is booming at Greenfield manufacturer ATMI Indy LLC, which is acquiring the property to accommodate the company’s growth.

Final goodbye: Recalling influential people who died in 2019

December 17, 2019 | Associated Press

This year saw the deaths of people who shifted culture through prose, pragmatism and persistence. It also witnessed tragedy, with talent struck down in its prime.

Electric car service Blue Indy ceasing operations

December 20, 2019 | Susan Orr

The electric-car-sharing service that launched in September 2015 notified customers Friday morning that it will discontinue its Indianapolis fleet in May.

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Fog snarls dozens of flights at Chicago’s O’Hare, Midway airports

December 24, 2019 | Associated Press

By midmorning, nearly 50 flights had been canceled at O’Hare, and more than 70 flights canceled at Midway, split evenly between arrivals and departures, according to the Chicago Department of Aviation.

Indy’s 2019 top tech stories show market still growing

December 27, 2019 | Anthony Schoettle

There were some surprising tech developments this year in the central Indiana market. Synovia Solutions’ and Sigsters’ acquisitions come to mind. What’s not surprising is the change that continues to shape this sector. Like the evolution of technology itself, the stream of startups, pivots, mergers and acquisitions this year—like most—came fast and furious.

2019 YEAR IN REVIEW: ClearObject, Doxly, Synovia among year’s big tech acquisitions

December 27, 2019 | Anthony Schoettle

In one of the year’s highest-profile tech deals, two out-of-state private equity firms took a majority stake in Fishers-based tech company ClearObject, which for years has ranked among the fastest-growing firms in the Indianapolis area.

Oil prices jump on fears of Iranian retaliation against U.S.

January 3, 2020 | Associated Press

If sustained, the rise in oil prices could lead to more expensive car fuel, heating and electricity bills, stifling the global economy at a time when it is already slowing.

Bankrupt Celadon plans to sell 102-acre campus

January 3, 2020 | Susan Orr

Most of Celadon’s real estate holdings in Indianapolis are on the east side, where available industrial land is in short supply. So, observers say, the anticipated divestiture should attract plenty of attention.

Book details university’s rebound after 1977 plane crash tragedy

January 13, 2020 | Associated Press

The entire men’s basketball team and coaching staff died on Dec. 13, 1977, after the plane carrying them crashed on takeoff. It was a seminal moment for the city and the University of Evansville.

American Airlines adds daily nonstops from Indianapolis to Boston

January 14, 2020 | IBJ Staff

The flights are set to depart Indianapolis twice daily Sunday though Friday and once on Saturdays starting May 7. Tickets will begin going on sale this weekend.

OurHealth merges with Vermont company in national expansion move

January 22, 2020 | John Russell

OurHealth, a fast-growing, 11-year-old Indianapolis-based company that provides medical clinics for employers in Indiana and five other states, is merging with a Vermont company, creating a combined operation with 200 clinics in 40 states.

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