Flavor-maker to close Indy plants, lay off 47
Kerry Ingredients & Flavours LLC plans to consolidate the Indianapolis manufacturing operations into other U.S. facilities. Thirty-five temporary workers also will lose positions.
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MainGate scores huge Super Bowl merchandising deal
Indianapolis-based MainGate beat out more than a dozen bidders to sell merchandise at 40 NFL-sanctioned hotels during the 10-day Super Bowl festivities next season.
Old Northside apartment projects reviving two buildings
Flock Real Estate Group is investing $1 million to refurbish side-by-side apartment buildings at the northeast corner of 13th and Alabama streets, and Englewood Group is spending $3.6 million to convert a former church across the street.
Most individuals will pay less, not more, in Obamacare exchanges
Even with premiums doubling from 2012 to 2014, Obamacare’s subsidies will offset premium increases for most Hoosiers buying health insurance via the new federal exchanges.
Car parts maker expands in Hancock County
A 250,000-square-foot distribution center that sat empty since the recession has finally nailed down a tenant—a Canadian firm relocating operations from nearby Knightstown.
Film fest’s ‘Medora’ looks at state’s worst hoops team
What’s it like to be on a team with no wins in an Indiana town with few prospects? The gutsy documentary “Medora” will be screened Friday in the Harrison Center gym.
Our recreational offerings are underrated
This is a source of civic pride that we do well on, even though national sources would tell you we lag behind.
Emmis sees coupons as next frontier for radio apps
An app that would allow smartphones to receive FM radio signals like a transistor radio has been hailed as a way to help stations recapture listeners who fled to Web-based music streaming services.
Zipp Speed Weaponry ‘at the front of the pack’
Zipp’s position as market leader has only grown stronger since the local company formed in 1988 was acquired in 2007 by Chicago-based SRAM Corp.
City close to launch of 2018 Super Bowl bid
Allison Melangton, CEO of the city’s 2012 Super Bowl Host Committee and leader of the 2018 Super Bowl Bid Committee, is promising to come up with another attention-grabber to deliver the bid early next May—if the city proceeds with a bid as expected.
Marian’s med school quest was leap of faith
Marian University, a small Catholic college started by Franciscan nuns, next month will launch just the second medical school in Indiana. Marian President Dan Elsener is credited with pulling off the audacious move with a mix of big dreaming, careful planning, deft networking and “don’t take no for an answer” fundraising.
Newspaper for college Greeks in rush to hire
Fast-growing Olympia Media Group plans to hire at least 15 more employees in the next two months—the majority in the next two weeks—as it expands into new markets and rebuilds its strategy for digital content.
Get ready to see for-profit religious hospitals
Hospitals already operate like for-profit businesses, but now a financial pinch is making more hospitals join their ranks. Aggressive moves by St. Vincent’s parent organization are just the beginning.
Despite Peyton’s return, Colts ticket value still lags
Peyton Manning’s return is pushing the value of tickets for the Broncos-at-Colts game to twice as high as any other home game. Despite that boost, the Colts are still in the NFL's bottom half in terms of ticket demand on the secondary market.
Developer F&C’s ‘bold statement’ could finally solve MSA puzzle
City incentives and a strong apartment market suggest Flaherty & Collins’ proposed $81 million, 28-story downtown apartment tower has a better chance of getting built than two previous attempts to redevelop the former site of Market Square Arena.
Two Indy apartment complexes sell for $35 million
National investors have snapped up two apartment properties on the north side totaling 722 units. One complex is slated for a major rehab.
USA Track & Field faces latest doping scandal
The Indianapolis-based governing body for U.S. track and field is dealing with the fallout after several high-profile stars tested positive for banned substances.
City set to unveil Market Square project plans
City officials will reveal the winner Tuesday morning from six teams that bid on redeveloping the downtown site. All proposed mixed-use projects, but they ranged in size from eight to 52 stories.
State, Anthem ask techies to solve infant mortality
Dr. Bill VanNess, Indiana’s commissioner of health, asked IT developers to create a smartphone app that the state could offer to pregnant moms to educate them about infant health and help them easily schedule appointments with health care providers.
WellPoint rolls out program with cost ceilings for procedures
Under so-called reference-based benefits, insured patients would have to pay the difference between procedure prices and maximums set by their employers. Several Indiana companies are considering using the tactic.