Italian firm opens $30M plastics recycling plant in Anderson
SER North America has hired 25 employees at the plant with the goal of adding 15 more by the end of the year.
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IBJ Podcast: Pete the Planner goes car shopping during an auto-industry shortage
Buyers have no negotiating power. Zilch, Dunn tells podcast host Mason King. And that’s because there are as many buyers on a lot looking for a vehicle as there are cars.
IPS to spend $15M on retention bonuses, more flexibility for teachers
Indianapolis Public Schools plans to spend federal emergency funds on cash bonuses to reward staff who stay with the district, officials announced last week.
Amazon tries to stave off union drive on two fronts
Amazon is gearing up for its toughest labor fight yet, with two separate union elections coming to a head as soon as next week that could provide further momentum to the recent wave of organizing efforts across the country.
Biden budget seeks minimum tax on households worth $100M
The introduction of the minimum tax on the wealthiest Americans would represent a significant reorienting of the tax code.
City-County Councilor Ethan Evans leaves Democratic Party, becomes independent
Evans says he feels mostly shut out of the Democrat-controlled council despite “speaking for a wide progressive base who wants these very solutions implemented.”
Indianapolis expected to host 2024 U.S. Olympic Swim Trials, sources say
An announcement is set for Tuesday at Lucas Oil Stadium featuring local sports officials, city leaders and business executives.
Small businesses face tax headaches on top of pandemic woes
Tax season can be complicated for everyone, but as the April 18 filing deadline looms, small-business owners, contractors, entrepreneurs and others face a raft of ever-changing rules and regulations.
Ball State kicks off plans to revitalize Village district, build performance venue
The university hopes to bolster the declining business-and-culture district by creating a center for theater and dance and green-lighting an Ohio firm to develop a hotel, apartments, retail spots, and spaces for office and research work.
Residential Real Estate: Marketplace stats for March 25, 2022
A limited inventory of houses available for purchase has been driving up prices across the region, an ongoing trend that began about two years ago.
Former Phoenix Theatre space is now a warm, industrial condo
Dark steel beams, exposed ducting and stainless industrial-style appliances are warmed up by worn leather furniture and soft area rugs.
Tight market means heartbreaking house hunts, especially for first-time buyers
Central Indiana homes typically exit the market after only five days, according to Zillow, with the average Indy metro house priced at about $255,000 as of February—up 20.5% from last year.
Pete the Planner: Time bigger purchases (if and when you can)
Your goal should be to make sure your major-purchase timelines are flexible enough that the supply-and-demand factors fall in your favor and don’t back you into a suboptimal outcome.
Luxury apartments to open soon in former AT&T building
A local developer’s $80 million conversion of a 20-story office building into luxury apartments is the largest project of its kind downtown.
Financial challenges plague rural hospitals, including in Indiana
Rural hospitals have long struggled to stay afloat. But now, the sector is facing a wave of closings under additional financial pressures, some caused by the pandemic that has strained resources.
Q&A: Father’s example drives focus on consistent quality
Paul Okeson’s father ran a small construction company in Fort Wayne, providing lessons that wouldn’t register with Paul until he ended up in the construction industry.
In the workplace: Who is in charge of building your culture?
One thing everyone could agree on was that there is no one-size-fits-all solution for building an effective culture, but that, whatever culture you have built, it must be readily understood, inspiring, and not general and exclusively aimed to benefit the organization.
Memory bank: Union Station’s Grand Hall in the 1990s
At its height, some 500,000 people passed through each month to board the 200 trains that came through daily.
EMC2 plans to help manufacturers go high-tech
The new facility in the 16 Tech Innovation District, the Emerging Manufacturing Collaboration Center, is part collaboration space, part learning lab and part development and testing center.
Wastewater treatment plans move ahead despite backlash in West Indy
A fight over zoning has devolved into debates over odor, water quality, and the impact of another wastewater treatment plant in the area on nearby residents.
