Indiana bankruptcy filings take downward turn
Bankruptcy filings in Indiana slipped slightly in 2016 while average monthly income inched higher, mirroring a national trend highlighted in an annual report.
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Sun King Brewery to pop tops on Chicago, Louisville markets
The Indianapolis brewery plans to expand its reach outside Indiana for the first time with distribution to “hundreds of liquor and grocery stores, bars and restaurants” in the two new markets.
Neighbors turning to courts to challenge big apartment, condo projects
Residents living near proposed sites in Indianapolis have sought help from courts on three separate occasions since December, but a judge rejected their pleas in the two cases that have been decided.
Transportation museum escalates Nickel Plate Railroad fight
The Indiana Transportation Museum said it requested a federal temporary restraining order against the Hoosier Heritage Port Authority on Monday in an attempt to regain use of the Nickel Plate rail line in time for next month’s Indiana State Fair.<
Lebanon OKs incentives for massive distribution center
The Lebanon City Council on Monday night unanimously approved more than $2 million in tax incentives to lure a fast-growing logistics company that has proposed opening a major distribution center that would employ nearly 1,200 people.
Carmel considering $101M in bonds for big slate of roundabouts, paths, other amenities
The proposed projects would include purchasing an antique carousel, funding a new clubhouse at Brookshire Golf Club and several road improvement projects.
To ease physician shortage, state approves funds for more residency slots
A looming shortage of physicians is expected to hit Indiana hard in coming years. Experts say new residency slots could help, because residents tend to practice in the state where they did their residencies.
Indiana’s neighbor facing $14.7 billion in overdue bills
Illinois finally has a budget plan after two years. But it is facing $14.7 billion in overdue bills, a $130 billion shortfall in pension obligations and the possibility of its bond rating being downgraded to junk status.
Tech executive Love steps down as Bloomerang CEO
Serial entrepreneur Jay Love, who co-founded the software firm in 2012, has passed the reins to his former chief operating officer.
First candidate emerges to replace retiring Kenley, while former foe mulls options
The president of the Noblesville Common Council is seeking the nod for Luke Kenley’s state senate seat from a Republican caucus. The businessman who lost to Kenley in 2016 is considering running as well.
FAST 25: DoubleMap Inc.
CEO Ilya Rekhter said that when he and his partners started DoubleMap in 2009, they saw the impact the technology was having on transit. It’s only going to continue with the rise of autonomous vehicles.
FAST 25: Round Room LLC
A cellphone retailer and franchiser, a moisture-removal technology business and a workplace culture consultant? That’s the holding company Round Room, which started in 1990 as one of the first authorized retailers for GTE Mobilnet in Indiana.
FAST 25: Creative Solutions Consulting Inc.
Creative Solutions Consulting Inc. specializes in management consulting, enterprise IT and financial management solutions for federal, state and commercial markets.
FAST 25: Professional Management Enterprises Inc.
Danny Portee started his staffing business after working in Army recuriting, where he observed that the government does a surprising amount of outsourcing.
FAST 25: Merchants Bank of Indiana
Merchants Bank of Indiana aggressively funded loans for mortgage companies across the country after the Great Recession—a counterintuitive move that developed relationships that continue to benefit the bank.
FAST 25: GreenLight LLC
Excitement over the 100th running of the Indianapolis 500 was one of several factors that helped propel GreenLight LLC, which makes collectible die-cast vehicles, to another successful year.
FAST 25: Spot Freight Inc.
The third-party logistics firm Spot Freight has grown rapidly through a mix of contracting with new customers and getting more work from existing customers.
FAST 25: Activate Healthcare
Activate Healthcare helps companies reduce their medical costs by providing on-and near-site primary care clinics.
Skyline Club operator to be acquired in $1.1 billion deal
Apollo Global Management has agreed to acquire ClubCorp Holdings Inc., a golf-club and business-club operator whose properties include the Skyline Club in downtown Indianapolis.
FAST 25: Becknell Industrial
Becknell Industrial builds spec and build-to-suit warehouse and light-manufacturing space. It's enjoyed growth that co-founder Dan Harrington couldn't have imagined when the company was founded 27 years ago.