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Articles

2016 TOP STORIES: Other business stories of note from past year

December 22, 2016

Emmis CEO Jeff Smulyan tried to take his company private but fell short again, among other stories.

Manufacturer plans $72 million plant, 89 jobs in Lebanon

March 6, 2018

The company that makes the water-soluble film used to create products such as Tide Pods and Cascade ActionPacs plans to break ground on the 150,000-square-foot manufacturing plant this summer.

UPDATE: Manufacturer SMC planning $68M expansion in Noblesville

March 13, 2018

The largest private employer in Noblesville is planning a mammoth new facility and dozens of new jobs at its North American headquarters campus.

SMC building

Two manufacturers plan new plants in Whitestown, nearly 200 jobs

March 26, 2018

A food-packaging maker and one of the world’s largest bearing manufacturers have plans to spend more than $22 million and lease more than 400,000 square feet of space in Boone County if tax incentives are approved.

High court asked to take case that could determine size of eye drops

April 2, 2018

What most people see as an annoyance, some prescription drop users say is grounds for a lawsuit.

2018 Innovation Issue: There’s promise in cryptocurrencies but plenty of skepticism, too

May 31, 2018

Cryptocurrency might not be coming to a bank near you—yet. But bitcoin ATMs are springing up across central Indiana and the nation, and some tech leaders say that, within a decade, cryptocurrency could be more life-altering than the internet.

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Starbucks ditching plastic straws, citing environmental threat to oceans

July 9, 2018

While plastic straws account for a small percentage of the waste that ends up in oceans, they’ve become a flashpoint for corporations that sell food and beverages.

U.S. firms seeking tariff waivers accuse steel makers of false information

July 30, 2018

Companies seeking waivers fear the Commerce Department will be swayed by opposition from U.S. Steel, Nucor and other domestic steel suppliers.

Boone County has more jobs, few workers

November 29, 2018

Boone County has been deluged with announcements about new businesses with new jobs, but filling those jobs could be challenging in a fairly rural area with a rock-bottom unemployment rate.

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2018 CFO of the Year: Carl Dodds

November 30, 2018

Since Dodds joined the company in 2010, revenue per full-time employee has rocketed from $250,000 to $875,000.

Walgreens expands prescription delivery program nationwide

December 6, 2018

Walgreens is joining rival drugstore chain CVS Health in expanding home deliveries for prescriptions, as stores continue adjusting to a retail world made more consumer-friendly by online competition.

American chain restaurants facing tougher conditions in 2019

December 28, 2018

After facing stagnant sales and weak customer traffic in 2018, many U.S. restaurant chains will encounter more headwinds next year, including rising food and wage costs.

EPA decision on chemical compounds tied to health risks expected soon

February 11, 2019

The Environmental Protection Agency is looking at how to respond to a public push for stricter regulation of perfluoroalkyl and polyfluoroalkyl compounds, in production since the 1940s.

Splenda-maker Heartland adds products, continues rapid expansion

April 10, 2019

Heartland has expanded its local production facilities multiple times since 2015, adding hundreds of employees and rolling out several new products, including a brand of cold-brew coffee, Java House, that hit the market last year.

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Packaging maker plans $75M facility, 140 jobs in Lebanon

April 23, 2019

The Lebanon City Council Monday night approved a tax break valued at $1.3 million for U.S. Corrugated Inc., which plans to open a 470,000-square-foot manufacturing facility.

City to unleash millions in tax credits for ‘signature’ projects

June 13, 2019

The city of Indianapolis is set to receive $55 million in New Markets Tax Credits from the U.S. Department of the Treasury, which it will use to finance high-impact projects in low-income or distressed areas. 

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Corteva keeps local workforce but growth plans aren’t crystal clear

June 13, 2019

DowDuPont this month spun off the agricultural chemicals, seeds and plant biotechnology firm, turning it into a standalone public company.

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While Trump wages trade war, Pence tries to ease GOP anxiety

June 13, 2019

Vice President Mike Pence is on a quiet mission to advance the administration’s top legislative priority for the year—the troubled trade deal—and, with it, just maybe hold together a fraying Republican coalition.

Local company seeks to make Midwestern fans of kombucha, which is trendy on coasts

July 3, 2019 | Sam Stall

Indianapolis-based beverage maker Circle Kombucha wants to sell its signature product—carbonated, fermented tea—throughout the Midwest.

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Family of Carmel teen sues Juul, calling e-cigarettes addictive, dangerous

August 26, 2019 | John Russell

The lawsuit, filed in U.S. District Court in Indianapolis, is the first such federal lawsuit in the state against Juul, a company battling numerous complaints over its products.

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