New owner to spend $51M firing up Noblesville foundry site
ID Castings LLC plans to resurrect the property on South Eighth Street, an eyesore that has been underused for years. The company is asking the city for a $1.3 million tax break.
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Bloomington limestone firm to close, lay off 166
An 88-year-old Indiana company that supplied limestone to many of the country’s most important buildings is going out of business.
Danville to channel TV’s Mayberry during 2-day festival
Hendricks County will serve up a heaping helping of nostalgia this spring with a festival devoted to “The Andy Griffith Show.”
Art museum taps veteran curator to lead endeavors
St. Louis Art Museum curator Tricia Paik was announced Monday as the Indianapolis Museum of Art's new curator of contemporary art.
Controversial Broad Ripple office project not dead yet
In a strange twist, the Department of Metropolitan Development says another vote on the project will be taken March 5.
Transit bill advances at Statehouse after losing amendments
The Indiana House Ways and Means Committee voted Tuesday morning to move a mass-transit bill to the full House, where it’s sure to see further debate.
City-County Council approves ‘ban the box’ proposal
The Indianapolis City-County Council passed a "ban the box" ordinance by a wide margin Monday night. The ordinance says the city and its contractors may not use prior criminal convictions as a screening tool in hiring.
UPDATE: Indiana fish farm plans $30 million expansion
Bell Aquaculture is planning to add 75 jobs to its current work force of about 50 people at the fish farm in Redkey, but faces opposition.
Grid operators feud over transmission lines, payments
Midcontinent Independent System Operator Inc.’s recent expansion into the South has thrust the Carmel group into a dispute over whether it has to pay for using another firm’s power lines.
Lilly diabetes drug matches competitors’ effectiveness
The Indianapolis drugmaker said dulaglutide performed as well as Victoza, a best-selling drug for Type 2 diabetics made by Denmark-based Novo Nordisk. Analysts think dulaglutide could reach annual sales of $1.5 billion.
State Auto’s Midtown HQ building on block
State Auto Insurance is seeking to sell its nearly 200,000-square-foot regional headquarters building in Midtown and is listing the property for $9.1 million.
Indiana Wesleyan measure stirs religion debate
A measure designed to restore Indiana Wesleyan University's workforce training contract with the state unexpectedly raised issues about religious discrimination Monday in the General Assembly.
Indiana Senate amends pre-K education bill
The Indiana Senate shot down two proposed amendments to the pre-K education bill Monday, before finally accepting an amendment to add another member to the study commission.
Do Not Call expansion advances with exemptions
A House committee unanimously passed a bill Monday that would expand restrictions on telephone solicitation – after adding an amendment to exempt some types of organizations.
‘Indiana Grown’ bill passes General Assembly
House Bill 1039, authored by Matt Lehman, R-Berne, would create an 11-member commission to continue to endorse the current “Indiana Grown” initiative.
Indiana lawmakers draw close on business tax deal
A pair of legislative panels approved changes Tuesday for competing House and Senate tax measures that would cut taxes on business equipment and corporate earnings.
Bill to allow booze sales at Indiana State Fair in home stretch
The Indiana Senate passed a bill to lift the ban 33-13 last month, and the state House now has the measure. It cleared the second of its required three readings in the House on Monday.
Construction
-TMG Construction Management Inc. has been hired to complete a 40,479-square-foot build-out for The RoomPlace at 8401 Michigan Road.
-TMG Construction Management nc. has been hired to build a 2,537-square-foot Chipotle Mexican Grill at 1002 Broad Ripple Ave.
Big Ten men’s basketball tourney already sold out
The tournament is returning to downtown’s Bankers Life Fieldhouse after being played at the United Center in Chicago a year ago. It will be the ninth time Indianapolis has hosted the tournament in the event's 16-year history.
Residential
The average rate for 30-year mortgages rose from 4.48 percent to 4.49 percent in the week ended Feb. 20, according to Bankrate.com. The rate for 15-year mortgages fell from 3.53 percent to 3.52 percent.