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Articles
IT consulting firm plans 30-employee expansion in Carmel
The St. Louis-based firm, which provides IT services to small businesses, said it plans to move its local operations this summer into a 6,000-square-foot space at 985 N. Keystone Way.
Payless closing list doesn’t leave Indiana unscathed
The struggling discount chain, which filed for Chapter 11 bankruptcy protection April 4, has released a list of nearly 400 Payless Shoe Source stores that it plans to close immediately nationwide.
First quarter sees few big venture capital deals in Indiana
Indiana companies grabbed $27.3 million in venture funding in the first quarter, in line with other recent quarters. But nearly half of that amount went to one firm.
Children’s clothing retailer with 4 area stores set for bankruptcy
San Francisco-based retailer Gymboree Corp. operates more than a dozen stores in Indiana, including four at some of the Indianapolis-area's top shopping centers.
Carmel’s Dorothy Mengering, better known as Dave’s mom, dies at 95
David Letterman’s mother, a Carmel homemaker, became an unlikely and beloved celebrity in her 70s as she baked mystery pies and covered the Winter Olympics for her son’s late-night show.
Carmel seeking bids to develop for-sale housing near its downtown
The 3-acre property adjacent to the Carmel Fire Department and Carmel Police Department could accommodate up to 200 condo or townhouse units.
Tech-services firm Brookfield investing $7M, adding up to 31 jobs
The company, which already employs 40 in Indiana, is upgrading its Carmel headquarters and a downtown Indianapolis data center.
Marsh exit strategy: Sell individual stores?
Struggling Marsh Supermarkets’ best bet at this point would be to close underperforming stores and find buyers for its most profitable ones, industry experts say.
Carmel software firm plans expansion, 30 new employees
EduSource pairs its fulltime software engineers with paid student apprentices to build custom software for its clients.
Carmel proposes $13.4 million ‘road diet’ for Rangeline Road
The project will eliminate three of the five existing travel lanes from 116th Street to Main Street, add roundabouts at intersections, install a landscape median through the corridor and put multipurpose paths on both sides of the road.
KAR Auction acquires startup tech company for $43 million
Carmel-based KAR Auction Services Inc. said the acquisition of Chicago-based startup CarCo Technologies Inc., which does business as Drivin, will beef up its technology capabilities.
Carmel-based interior design firm to expand, add 43 jobs
Mitsch Design Inc. said it will to invest nearly $2.4 million to expand its offices at the Indiana Design Center on Rangeline Road.
Airbnb ban preemption bill in limbo after House vote
Supporters of the bill, which would restrict cities from outright bans on short-term rentals like Airbnbs, have just a few days to bring it up again this year.
$41M apartment project in Mile Square moving forward
Developers of The Ardmore told city officials on Wednesday that they hope to start construction in the fall and are seeking city financial assistance on the project.
Carmel advertising agency changes hands
After recovering from the loss of a big client in 2014, the founder and CEO of Fat Atom Marketing has handed over the keys to two employees.
Eleven Fifty Academy extends flagship program
The not-for-profit coding academy in Fishers is trying to meet employer needs by offering a longer coding class and then tacking on 12-week internship and 12-month apprenticeship opportunities.
Former Ivy Tech, ITT execs form firm
Former Ivy Tech Community College President Tom Snyder and at least four former ITT Educational Services officials have banded together to start an education-services company.