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Carmel mayor does about-face, no longer plans to sue Minneapolis to recover security costs

June 1, 2020 | Kurt Christian

The decision comes less than five hours after the mayor first announced he hired outside attorneys to pursue the lawsuit, a move he said the public has misconstrued.

Carmel plans lawsuit against city of Minneapolis for security expenses

June 1, 2020 | Kurt Christian

Mayor Jim Brainard said other cities should should join Carmel’s suit, which has not been filed. “Those in power need to understand the far-reaching consequences of their actions,” he said.

Carmel firm invents unique hand-washing system

May 27, 2020 | Kurt Christian

3Oe Scientific, which spun off from Delta Faucet, is trying to commercialize a device that kills viruses and bacteria with ozone-infused water.

Carmel software firm creates new system for companies to listen to customers

May 22, 2020 | Anthony Schoettle

AuthentiCx has already landed some big, national customers and recently raised $800,000 in pre-seed funding to accelerate growth.

Developers make $27M in bond requests from Carmel to spur multiple projects

May 19, 2020 | Kurt Christian

The Carmel City Council on Monday voted to send developer-backed bond requests for four major real estate projects to the city’s Land Use Committee for further review.

Toxicology firm to offer antibody testing for COVID-19 in Indy, Carmel

May 6, 2020 | John Russell

The northwest side company said it has secured an FDA-approved serology test developed by Abbott Laboratories, making it the latest player to offer the service.

Heartland Distillers, Porkopolis plan joint facility on Carmel’s west side

April 24, 2020 | Kurt Christian

The Carmel Plan Commission on Thursday approved an expansion project that would double the space in Porkopolis’ existing building, allowing room for a distillery and tasting room.

Chicago-style pizza chain Lou Malnati’s adding Broad Ripple, Carmel sites

April 14, 2020 | Susan Orr

Beloved in the Chicagoland area, the deep-dish chain confirmed to IBJ in March that it planned to enter the central Indiana market with several locations.

Carmel firm expedites personal-care training

April 8, 2020 | Kurt Christian

Senior1Care, operating on an emergency order, is training students in Noblesville and Mishawaka to care for nursing home residents.

Carmel auto finance firm calling it quits after 33 years, terminating 127 employees

March 30, 2020

Carmel-based auto finance company Coastal Credit LLC plans to end operations and terminate all of its employees by the middle of this year, the company said in a letter to the state.

Karuna Therapeutics, led by former Lilly research leader, opens Carmel office

March 27, 2020 | Kurt Christian

Karuna Therapeutics Inc., a publicly traded biopharmaceutical company, is developing a potential blockbuster treatment for schizophrenia that got its start at Eli Lilly and Co. decades ago.

Calls to Carmel-based travel insurer quadruple with coronavirus concerns

March 18, 2020 | Kurt Christian

Seven Corners, a global travel insurance company, is hiring and redeploying staff in the midst of the pandemic.

Carmel approves paid-leave funds for coronavirus-related absences

March 16, 2020

The Carmel City Council on Monday passed an ordinance to provide additional paid leave to city employees who need to miss work due to the spread of COVID-19.

Carmel Plan Commission to consider hundreds of new residences next week

March 13, 2020 | Kurt Christian

Carmel’s Plan Commission is set to consider several residential proposals Tuesday involving more than 270 new homes, as well as a rezoning of nearly 23 acres in Carmel’s central core for redevelopment.

Carmel veterinarian indicted in high-profile racehorse doping scheme

March 11, 2020 | The Washington Post and IBJ Staff and Associated Press

Gregory Skelton, owner of Skelton Equine Sports Medicine LLC, was charged in a conspiracy that involved creating and giving performance-enhancing drugs to racehorses, leading to the death of at least one high-profile horse.

Carmel City Council directs panel to review Hotel Carmichael cost overruns

March 3, 2020 | Kurt Christian

The Carmel City Council on Monday voted to have its four-person finance committee look into what led to $18.5 million in cost overruns on the Hotel Carmichael project. It rejected a proposal have the entire council involved in the review.

Huge cost overruns on Carmel hotel fuel questions about construction costs

February 28, 2020 | Kurt Christian

The cost of the 122-room, city-backed hotel has swelled to $58.5 million, up from $40 million when the Carmel City Council green-lighted it two years ago. Some councilors have called for an audit to dig into the details.

Carmel-based Shepherd Financial fueling growth with acquisitions

February 27, 2020 | Kurt Christian

Shepherd Financial LLC is planning to grow its workforce by 50 employees over the next five years, tripling its statewide staff, with a majority of those hires in Carmel.

Carmel man indicted on 28 fraud charges related to scheme using PayPal, eBay

February 21, 2020 | IBJ Staff

Tuong Quoc Ho, 32, conducted “an elaborate scheme to defraud businesses, consumers, suppliers, financial institutions, credit card holders, credit card companies, and identity theft victims for personal monetary gain,” U.S. Attorney Josh Minkler’s office said in a statement.

Schafer Powder Coatings moving from Carmel to Whitestown

February 19, 2020 | Kurt Christian

The company, which pulled the plug on a smaller expansion last fall, was lured to Boone County by a bigger facility that will more than double its footprint.

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