CORRECTED: Roche gets city’s OK to project messages on side of north-side HQ building
In a statement to IBJ, Roche said it hopes to display “supportive and inspiring messages” visible from I-69 as part of a new corporate initiative.
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New Zionsville racing team HQ a ‘culmination’ of Rahal’s dreams
The new $20 million Rahal Letterman Lanigan Racing team headquarters in Zionsville will open this summer.
Purdue Poly seeks deal to use Broad Ripple High School for one year
Indianapolis Public Schools is considering letting Purdue Polytechnic High School North temporarily use part of the building while the charter school’s permanent home is under construction.
Mark Emmert to step down as NCAA president in ‘mutual agreement’ with board
The decision comes at a rocky time for the NCAA, which for decades has controlled college sports. But in recent years, universities, athletics conferences and individual athletes have tried to wrest some of that control away, dragging the NCAA into a series of changes.
Home furnishings retailer plans to turn DeHaan estate into giant showroom, restaurant
National retailer RH is teaming with a developer to take over Linden House—the 152-acre Indianapolis estate of late businesswoman and philanthropist Christel DeHaan—and turn it into a huge home furnishings showroom, interior design gallery, upscale restaurant, wine bar and outdoor furniture gallery.
Walmart: Burned fulfillment center where 2,089 worked to remain closed
Walmart said 957 of the people employed at the facility have accepted new jobs with the company, while 1,132 “have not accepted alternative positions.”
Report: Simon Property, Brookfield offer to buy Kohl’s for more than $8.6B
Indianapolis-based Simon and Brookfield, which together bought rival department-store chain J.C. Penney Co. out of bankruptcy, have offered $68 a share for Kohl’s, according to people with knowledge of the talks.
Butler names new sciences building Levinson Family Hall after $10M gift
Levinson Family Hall, which opened to the public in summer 2021, connects existing science building Gallahue Hall to the Holcomb Building, which previously housed the Andre B. Lacy School of Business.
IBJ Podcast: Kevin Lee on broadcasting the Indy 500 and the business of motorsports
Lee talked with host Mason King about his broadcasting career, what it takes to prepare to announce an IndyCar race and how managing a racing team has helped him better understand the sport.
Area homebuilders slowed by lot availability, supply-chain issues
Single-family building permits have fallen on a year-over-year basis for the past three months and in six of the past eight months.
Woodworking school in Johnson County draws students from all over
The Marc Adams School of Woodworking annually offers more than 200 courses—in some years, many more—focused on helping amateurs and professionals hone their skills primarily in woodworking but increasingly in other creative pursuits, including glass blowing, quilting, metalsmithing, upholstery, calligraphy and more.
Indianapolis-based Telix rolls out method for detecting cancer
The imaging agent is the six-year-old company’s first commercial launch, following millions of dollars’ worth of research and clinical tests. It was approved by the U.S. Food and Drug Administration in December.
Fishers man accused of selling $230M in dubious financial products
The depth of the situation came to light after Robyn Dale “Rob” Whitlow, 51, filed for Chapter 7 bankruptcy protection late last month, declaring personal assets of $45,305, balanced against liabilities of just more than $2 million.
Allegion to acquire Stanley Black & Decker business for $900M
Security-products company Allegion, which has about 1,300 employees at its Americas headquarters in Carmel, expects to close the largest deal in its history in the third quarter.
Downtown Indy Inc.’s top executive to step down
Sherry Seiwert, who has served as president and CEO of the Downtown Indy since 2012, said she believes it is “time for new leadership.”
NBA 2K League tips off esports campaign in Indianapolis
The first major in-person esports event to be hosted in the city, the 2K League tournament drew more than 250 people to its custom-built studio space across from the Indiana Convention Center.
Cummins to spin off filtration business into separate public company
Columbus-based Cummins has confidentially filed paperwork with the Securities and Exchange Commission for an initial public offering for its filtration business. Cummins announced last summer that it was looking at “strategic alternatives” for the business.
In Indianapolis, Record Store Day is a full weekend of celebrating vinyl
After local shops observe Record Store Day on April 23, Indy CD & Vinyl will throw a 20th-anniversary party on April 24.
Total Wine & More taking former grocery space at Hamilton Town Center
The national liquor superstore chain that entered the Indianapolis market in 2020 with a store in Nora has filed plans for a 23,451-square-foot store at 13145 Levinson Lane in Noblesville.
Catalent to invest $350M in Bloomington operations, add 1,000 jobs through 2023
The expansion comes on top of more than 1,000 positions the drugmaker has added since Jan. 1, 2021, bringing its current Bloomington workforce total to more than 4,000, which includes employees and workers provided by staffing agencies.