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    Kurt Beier

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Articles

Mark Montieth: Ticket brokers confident they’ll make a comeback

February 5, 2021 | Mark Montieth

The pandemic that wiped out the nation’s sporting and concert events in one fell swoop did serious damage to a lot of bottom lines in 2020, particularly those of Circle City and Fanfare.

Auto dealer financing firm in Carmel gets fast start

February 5, 2021 | Kurt Christian

A veteran of a specialty auto-industry sector called floor-plan financing has launched a lending company that promises independent car dealers funding wherever they buy vehicles.

Roberts Camera to close Carmel store, consolidate operations

February 9, 2021 | IBJ Staff

Owners of the 64-year old business—which was founded as a discount jewelry store in 1957 by Robert and Rose Pallman—cited several reasons for the decision.

Westfield mayor sues clerk-treasurer for access to city’s financial information

February 9, 2021 | Kurt Christian

Mayor Andy Cook filed a lawsuit against Cindy Gossard on Jan. 14 to force her to cooperate with examiners performing a city-wide financial investigation and to prohibit her from contracting with a new city payroll vendor.

Real Estate Weekly: News notes 02/02/21

February 9, 2021 | IBJ Staff

These news notes appeared in IBJ’s Real Estate Weekly on Feb. 2, 2021: Briefs: — Columbus, Ohio-based Condado Tacos plans to open its third Indianapolis-area location this summer at 12545 Old Meridian St. in Carmel. The restaurant will take the space formerly occupied by Indianapolis-based chain Stacked Pickle, which closed all of its locations last year. […]

Real Estate Weekly: News notes 02/09/21

February 9, 2021 | IBJ Staff

These news notes appeared in IBJ’s Real Estate Weekly on Feb. 9, 2021: Briefs: — Ambrose Property Group has completed construction on a 206,000-square-foot industrial building in Monrovia, which Love’s Travel Stops plans to use as a distribution and tire retread center. Love’s thus becomes the first occupant of the 555-acre Westpoint Business Park at […]

Proposed parking garage in downtown Noblesville might grow from 4 to 5 floors

February 10, 2021 | Kurt Christian

County officials said the increasing caseload at local courts justifies building an $11.5 million, five-story garage with an additional 100 spaces.

Carmel-based CNO acquires employee benefits administrator for $50M

February 11, 2021 | Susan Orr

The benefits administrator, DirectPath LLC, offers a variety of technology-driven services for employees and employers.

Roundup: Wolfies’ owners plan new Westfield concept; Paradise Shaved Ice opens in Fishers

February 11, 2021 | Kurt Christian

Nyla’s will offer steak, seafood, burgers and cocktails when it opens May 1 at 211 Park St. in Westfield.

Allegion hires new Carmel-based exec to lead Americas business

February 11, 2021 | Susan Orr

Luis Orbegoso, 50, joins Allegion from American Residential Services. He’ll be based in Allegion’s Carmel office and oversee the security-products company’s operations in the Americas.

Splenda maker sues Speedway chain over knockoff sweetener

February 12, 2021 | Susan Orr

Carmel-based Heartland Consumer Products says Speedway offers knockoff sweetener in packets that are too similar to Splenda’s packaging, which could confuse customers.

focus-heartlandfood-8-forweb-bp-450.jpg

Indiana ‘missed big’ by not adopting work share, report says

February 12, 2021 | Lindsey Erdody

Researchers who have studied work-share programs—which have been implemented in 28 states—say thousands of Indiana workers have been unnecessarily laid off.

Salon leaving downtown after 36 years, opening new barber shops

February 12, 2021 | Kurt Christian

MDG Salon | Studio owner Travis Moore said Thursday that the company’s downtown Indianapolis salon is closing, but the business will consolidate operations at MDG’s Carmel location starting March 1.

Entrepreneur launches new kind of golf club

February 12, 2021 | Anthony Schoettle

Longtime media professional Adam Grubb has co-founded Stick and Hack, an online golf community that offers a website, podcast, daily email and a cartoon called “Hack Mulligan.”

BoomBozz owner suing former pizzeria franchisees over new restaurant

February 16, 2021 | Kurt Christian

The company behind the BoomBozz pizzeria chain is suing the its former franchisees in Carmel and Fishers for allegedly using the company’s recipes and other trade secrets to open Crafters Pizza and Draft House in Carmel.

Carmel-based Protective Insurance to be acquired by Progressive

February 16, 2021 | Susan Orr

Insurance giant Progressive is purchasing Protective in a stock deal worth $338 million. Protective, known as Baldwin & Lyons Insurance until 2018, is the Indianapolis-area’s 12th largest public company in terms of annual revenue.

rop_Protective_111618_bp450.jpg

KAR misses expectations for Q4 revenue, earnings

February 17, 2021 | IBJ Staff

The Carmel-based used and salvaged vehicle auctioneer lost $17.1 million, or 21 cents per share, in the period, down from a profit of $19.8 million, or 15 cents per share, in the same quarter of 2019.

Ultimate Technologies returns to Fishers, plans to boost workforce

February 17, 2021 | Kurt Christian

Ultimate Technologies Group announced plans to add 25 employees by the end of next year, thanks to a new contract with an Indiana-based engine manufacturer.

Letter: Support tenants with HB 1219

February 19, 2021

It seems that landlords have all the rights in Indiana.

NY hedge fund’s meltdown could cost clients of Carmel investment firm millions

February 19, 2021 | Greg Andrews

Indie Asset Partners customers are upset that the hedge fund, which was supposed to spread out funds to dozens of money managers, instead concentrated the money with a single manager whose performance tanked early last year.

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