Covington manufacturer plans to add 68 jobs
Urbana, Ill.-based Flex-N-Gate Corp. plans to add positions by the end of the year as part of a $5.1 million expansion at its plant 75 miles west of Indianapolis.
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IU Health names Kitchell chief financial officer
Ryan Kitchell, 38, replaces Marvin Pember, who left in July to take an executive position with Philadelphia-based hospital system Universal Health Services Inc.
North side braces for Allisonville projects
Two road projects set to begin soon on Allisonville Road are expected to relieve congestion eventually, but transportation officials expect gridlock for north-side Indianapolis drivers before there is relief. The construction will start in April when crews begin expanding the intersection at Allisonville and 96th Street. Lane reductions at the intersection will last until late November. After Memorial Day, crews will close the Allisonville Road bridge over Interstate 465 for a $19 million, four-month reconstruction and expansion project.
Axe-toting mom captured after son’s death
Police say a Johnson County woman who called 911 and told a dispatcher that her 3-year-old son was dead tried to attack officers with an axe after they found the boy's body in her apartment. Officers responding to the call Monday about 9:30 p.m. broke into Amanda Smith's Trafalgar apartment. After the boy’s body was taken away by paramedics, Smith jumped out of a closet and began swinging an axe at the officers. Smith, 33, eventually surrendered and was taken into custody.
Durable goods orders suffer worst drop in three years
Businesses slashed spending on machinery and equipment in January after a tax break expired, pushing orders for long-lasting manufacturing goods down by the largest amount in three years.
Butler basketball hits 40-plus-year attendance high
The Butler men's basketball ticket hasn't sold this hot since the early to mid 1960s. With university president James Danko committed to building on the program's success, attendance is likely to keep climbing.
Castleton Square Mall lands Borders replacement
Forever 21, a privately held California-based chain, has begun converting the roughly 25,000-square-foot former bookstore at the south entrance to the mall and is targeting a summer opening.
Roundup: Forever 21, Hollister, Cheddar’s, Aldi, Jack in the Box, Staples
The latest retail roundup includes a new Forever 21, a shuttered Hollister, new Staples and United Package Liquor stores, and new locations for Cheddar’s Casual Cafe and Jack in the Box.
Senate considers changes to state smoking-ban bill
Indiana senators are ready to begin tinkering with a proposal to ban smoking statewide in some private establishments.
KAR Auction reports higher earnings, profit
Carmel-based KAR Auction Services Inc. on Monday said it doubled its profit in the fourth quarter compared to the same quarter of the previous year.
Indiana legislators OK lifting Sunday cycle sales ban
Indiana's motorcycle dealers will be allowed to buy and sell their bikes on Sundays under a change in state law that legislators have approved.
Indiana House passes bill requiring stage inspections
All large, temporary outdoor stages like the one in last summer's deadly Indiana State Fair collapse would face temporary state inspection standards under a bill approved Monday by the Indiana House.
Deals expected on Indiana inheritance tax, tax refund
Budget leaders in the Indiana Legislature are nearing agreement on plans for phasing out the state's inheritance tax and changing the automatic taxpayer refund so that it could only be triggered every other year.
In with the new in Indiana
Every year, there’s something new and different at Indiana attractions. Here’s our rundown of some of the changes you’ll find as you explore options for an in-state getaway.
Construction
-Capitol Construction has completed a 6,900-square-foot office build-out for Carson Design at 9229 Delegates Row.
-Capitol Construction has completed a 17,000-square-foot office build-out for T2 Systems at 8900 Keystone Crossing.
How to score a seat in a studio audience
Did Jimmy Fallon's "Late Night" tapings at Hilbert Circle Theatre during Super Bowl week make you want to be a part of other studio audiences? Here are some tips on scoring seats in Chicago, New York and L.A.
Residential
The average rate for 30-year mortgages rose from 4.1 percent to 4.16 percent for the week ended Feb. 22, according to Bankrate.com. The rate for 15-year mortgages increased from 3.35 percent to 3.38 percent.
Leases/leasing contracts
-DZ Investments renewed its lease for 135,451 square feet in Franklin Road Business Center, 3131 N. Franklin Road. The landlord, Duke Realty, was represented by Duke’s Jay Archer. The tenant represented itself.
-Salvation Army leased 18,000 square feet at County Line Corners, 1285 N. State Road 135, Greenwood. The tenant was represented by Pat Boyle of Midland Atlantic Properties. The landlord, Friedman Management Co., was represented by Roger Curry of Presnell Cos.
-Amerisure Insurance leased 9,374 square feet in Three Parkwood, 450 E. 96th St. The tenant was represented by Tim Norton of Summit Realty Group. The landlord, Duke Realty, was represented by Duke’s Traci Kapsalis.
-National Conference of Insurance Guaranty Funds renewed its lease for 5,400 square feet at 300 N. Meridian St. The tenant was represented by Adam Broderick and Graham Summers of Jones Lang LaSalle. The landlord, University Park Associates LLC, was represented by Mike Napariu of REI Real Estate Services LLC.
-American Teleservices Association Inc. leased 2,930 square feet of office space at 8500 Keystone Crossing. The tenant was represented by Paul Dick and Kevin Dick of Colliers International. The landlord, PWA Keystone Crossing LP, was represented by Bennett Williams of Cassidy Turley.
-School of Rock leased 2,850 square feet at Mohawk Place Shopping Center, 626-628 S. Rangeline Road, Carmel. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, Mohawk LP, represented itself.
-El Maguey Mexican Restaurant renewed its lease for 2,800 square feet of retail space in River Ridge Plaza, 2038 S. Scatterfield Road, Anderson. The landlord was represented by Sandor Development. The tenant represented itself.
-Radio Shack renewed its lease for 2,500 square feet of retail space in Honey Creek Plaza, 5418 W. 38th St. The landlord was represented by Sandor Development. The tenant represented itself.
-Delhi Palace Restaurant leased 1,966 square feet at Lockefield Commons, 901-921 Indiana Ave. The landlord, Lockefield Commons Limited Partnership, was represented by Mark Perlstein of Sitehawk Retail Real Estate. The tenant represented itself.
-The National Foundation for Special Needs Integrity Inc. leased 1,632 square feet of office space at Carmel Office Court, 301 E. Carmel Drive, Carmel. The tenant was represented by Craig Kaiser of Northern Commercial. The landlord, Carmel-301 LLC, was represented by Paul Dick and Kevin Dick of Colliers International.
-Tri Star Filtration Inc. leased 1,200 square feet of industrial space at 5303 5331 W. 86th St. The landlord, Forester Properties Inc., was represented by Bryan Poynter of Cassidy Turley. The tenant represented itself.
-Solace Risk Management LLC has leased 981 square feet of office space at 5455 W 86th St. The landlord, Polaris Commercial Investments LLC, was represented by Dan Baldini of Polaris Real Estate. The tenant represented itself.
Sales/acquisitions
-Boo Rob LLC bought 4.48 acres of land on Metropolis Parkway, Plainfield. The price wasn’t disclosed. The buyer was represented by Michael Weishaar of Cassidy Turley. The seller, PK Plainfield Partners, was represented by Patrick Lindley of Cassidy Turley.
-American Building LP bought a 75,254-square-foot office building at 333 N. Pennsylvania St. The price wasn’t disclosed. The seller, Gannett Co. Inc., was represented by Mary Beth Kohart. The buyer represented itself.