Elanco to buy California pet med company for $440M
The deal would boost Greenfield-based Elanco’s profile in the billion-dollar pet dermatology market and continue its acquisition strategy.
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Italian manufacturer to build facility in Fishers, hire 230
Stevanato Group, a producer of syringes, vials and glass containers, announced Wednesday it will spend $145 million to build and equip a 370,000-square-foot facility in Fishers.
Noblesville council OKs $19M short-term loan before considering $56M bond
The Noblesville City Council approved the bond anticipation note Tuesday to set the stage for a much larger future bond dedicated to the planned Pleasant Street expansion project.
Biden elevates energetic critic of Big Tech as top regulator
The selection of legal scholar Lina Khan, 32, to head the Federal Trade Commission is seen as signaling a tough stance toward tech giants Facebook, Google, Amazon and Apple.
U.S. COVID-19 deaths hit 600,000, equal to yearly cancer toll
With the arrival of the vaccine in mid-December, COVID-19 deaths per day in the U.S. have plummeted to an average of around 340, from a high of more than 3,400 in mid-January.
Impatient Democrats prepare to go-it-alone on infrastructure
The president and the Democratic leaders have been engaged in a two-track strategy—reaching for a bipartisan deal with Republicans but also setting the stage for a potential majority-rules strategy in case talks fail.
Senate approves bill to make Juneteenth a federal holiday
The bill would lead to Juneteenth becoming the 12th federal holiday. It is expected to easily pass the House, which would send it to President Joe Biden for his signature.
One company’s bill for testing Hoosiers for COVID-19: $139.6 million (and counting)
More than 541,000 free COVID-19 tests have been provided at an OptumServe site since May 6, 2020, the state said last week, when it announced it was closing the vendor’s testing sites at the end of June.
NIH study suggests coronavirus may have been in U.S. as early as December 2019
The new report, published in the journal Clinical Infectious Diseases, bolsters earlier studies indicating the virus entered the country under the radar and may have been spreading in the first two months of 2020, well in advance of warnings.
The 7 industries most desperate for workers
Sawmills, veterinary clinics and psychologists’ offices are among the businesses gripped by escalating worker shortages, as employers in a few pockets of the economy step up competition for workers and sharply increase wages.
State, Ivy Tech offering free career coaching to all Indiana residents
The service, announced Tuesday by the Indiana Governor’s Workforce Cabinet and Ivy Tech, will provide up to four months of one-on-one career coaching via not-for-profit InsideTrack.
U.S. sees record rise in wholesale prices over past year past year
The monthly gain in the producer price index, which measures inflation pressure before it reaches consumers, followed a 0.6% increase in April and a 1% jump in March, the Labor Department reported Tuesday.
May retail sales fell 1.3% as Americans spent less on goods
Retail sales fell in May, dragged down by a decline in auto sales and a shift by Americans to spend more on vacations and other services instead of goods.
Indiana ice cream plant closing, eliminating 176 jobs
The Decatur plant produces ice cream products for the Mayfield Dairy, Dean’s Country Fresh and Friendly’s brands.
MacKenzie Scott, citing wealth gap, donates $2.7B to charities, racial equity causes
It’s the third round of major philanthropic gifts Scott has made, which together rival the charitable contributions made by the largest foundations.
Real Estate Weekly: News notes, 06/15/21
These news notes appeared in IBJ’s Real Estate Weekly on June 15, 2021.
Indiana reports 240 new COVID-19 cases, 7 more deaths
The state said more than 2.69 million Hoosiers have been fully vaccinated against COVID-19. More than 2.73 million had received the first dose of a two-dose vaccination.
Lawsuit challenges Holcomb’s decision to end extended jobless benefits
A lawsuit filed on behalf of five Indiana residents and Concerned Clergy of Indianapolis challenges Gov. Eric Holcomb’s decision to end extended unemployment benefits provided through the federal CARES Act.
Instant-delivery firm GoPuff quietly expanding roster of Indy fulfillment centers
Philadelphia-based GoPuff, a fast-growing company that entered the Indianapolis market in 2018, currently operates three micro-fulfillment centers here and plans to open two more.
Developer floating $5M in townhouses made from 32 shipping containers
The homes at 1925 N. College Ave. are expected to be completed by mid-2022, since construction with shipping containers is far less reliant on weather conditions than building typical homes.
