Bank of America already has customers here, but is now opening an actual branch—in the street-level retail space in the new Cummins Inc. distribution headquarters downtown.
One of the area’s largest insurance agencies announced Monday that it plans to move its corporate headquarters from the northeast side of Indianapolis to Carmel next year.
Whole Foods Market Inc. shares rose the most in two weeks after the Financial Times reported that Albertsons Cos. is considering a takeover of the organic grocer.
King David Dogs is pursuing growth through gas stations and travel plazas by franchising kiosk-sized versions of its downtown restaurant, known for its quarter-pound, all-beef hot dogs.
Mayor Mark Myers, a second-term Republican, hopes to take a page from the playbooks of Carmel and Fishers, which have drawn more residents downtown by creating a commercial and residential hub.
Since local entrepreneur Mike Protogere bought D-A Lubricant Co. Inc. in 2002, the manufacturer of oil, grease, antifreeze and other industrial products has shifted into overdrive and punched the gas.
Carmel Clay Schools and Sheridan Community School Corp. on Tuesday will ask voters to approve a seven-year tax hike for operational funding, and Westfield Washington Schools will ask to cover $90 million in construction projects.
City officials said Allegion subsidiary, Schlage Lock Co. LLC, has purchased a building on the southeast corner of Pennsylvania Street and College Drive, just south of its current offices, to accommodate the expansion.
The local developer’s plan for the problematic downtown property calls for 2.7 million square feet of development, including 250 apartments in the first phase, office and retail space, a hotel and public green space.
Infosys leaders said Indiana officials took advantage of their earlier relationship to land one of the four U.S. hubs and as many as 2,000 jobs. Indianapolis and Carmel are in the running for the hub’s short-term home.
