Butler raises $171M in campaign to support ‘new strategic direction’
The fundraising effort, named “Butler Beyond: The Campaign for Butler University,” hopes to raise at least $250 million overall by May 2022.
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Surprise! Your anesthesiologist was out of network. Now you owe big.
Every day, thousands of Americans get a surprise bill in the mail from a health provider, asking for thousands of dollars for medical services that weren’t covered by the patient’s insurance.
Brown County distillery complex had 267,000 visitors in first year
One of Brown County’s newest tourist draws is also perhaps its most unusual. And it’s an integral part of the fast-growing family of local culinary/adult-beverage brands including Big Woods, Quaff ON and Hard Truth Distillery.
Family-owned Beck’s unfazed by multinational seed rivals
A seed is an appropriate metaphor for Beck’s Hybrids, while its competitors in the fast-consolidating farm-seed industry might be compared to the towering plant in Jack and the Beanstalk.
Black leaders say it’s time to formulate black agenda
A broad coalition of faith-based groups, black elected officials and civic leaders are turning to this year’s mayoral race as an avenue for bold discussions about racial problems.
TechPoint’s ‘red carpet’ event aims to match non-Hoosiers with jobs in central Indiana
Twenty-eight potential Hoosiers—some with Indiana connections and others with none—are scouting Indianapolis as part of a TechPoint “red carpet experience” to see if the city is a place they’d like to call home.
Local production bakery plans $25M expansion, 50 new hires
CraftMark Bakery, the baked goods supplier for more than 70,000 restaurants in North America, is planning another expansion that would bring employment up to 446 by the end of 2022.
Plans for downtown dual-brand hotel approved by IHPC
A 206-room, dual-branded hotel planned for a downtown parking lot won approval Wednesday night from the Indianapolis Historic Preservation Commission.
City still has grand vision for GM site, despite unraveling of $1.4B Ambrose project
Ambrose’s withdrawal from Waterside follows other changes at the firm, including the May defection of three senior executives to start Westfield-based Patch Development.
Fast-growing Mooresville-based prop maker plans to add 70 jobs
The company, which saw sales rocket from less than $7 million in 2016 to $20 million in 2018, said it will invest $1.1 million into upgrading and expanding its headquarters.
Indianapolis Zoo secures 28 acres of land for expansion
The parcels, which are south of West Washington Street and east of South Harding Street, are expected to be turned into permanent parking lots and additional zoo exhibits in the coming years.
School district revives defunct Marsh store as nifty preschool
Shelbyville Central Schools bought the property and spent $13 million on a wholesale renovation and redesign to accommodate hundreds of children.
Elanco to reduce global workforce by 4.3%
The company is eliminating 250 jobs as part of a restructuring that’s expected to result in at least $12 million in savings in 2020.
Plans for King Cole Building call for $21M redevelopment, Motto hotel
Indy Propco LLC, which has owned the 11-story building at 1 N. Meridian St. since January, wants to turn the property into a Motto by Hilton that would have at least 116 rooms, according to plans recently filed with the Indianapolis Historic Preservation Commission.
Tech exec sees ‘newbie’ status as political asset
Democratic gubernatorial candidate Josh Owens, the 34-year-old CEO of tech firm SupplyKick, has never held elected office. But he doesn’t consider that a bad thing.
Turning boys into men one haircut at a time
During a weekly barbershop session Vice Principal Fred Yeakey holds at Providence Cristo Rey High School, the educator works to “groom the outer man while guiding the inner man,” as he puts it.
Auction giant KAR sees industry’s transformation as opportunity
CEO Jim Hallett predicts that 2019 will be the peak year for brick-and-mortar auto auction volumes, but company officials aren’t sitting around wringing their hands and wishing for the past.
Experts say CIB is thin on liability coverage for event venues
The board carries $56 million in liability insurance for its facilities, including a $1 million general liability policy and a $55 million umbrella policy.
Ambrose is mum, but experts say it likely ran into financing problems for $1.4B Waterside
Real estate developers and experts suspect the firm couldn’t get access to enough capital to move forward with the massive, 103-acre development. Opinions are mixed on whether the site should remain intact or be split into multiple projects.
Wabash College plans $13 million football stadium
The stadium will have seating for 3,550 fans across the main grandstand, suites and the W Club Lounge.