Scarlet Lane Brewing to take over Black Acre’s Irvington tap room
Horror-themed Scarlet Lane Brewing Co. LLC revealed plans this weekend to open a tap room and hamburger restaurant in Irvington.
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IBJ Podcast: A look back at celebrated Indy jazz guitarist Wes Montgomery
Joining IBJ’s Dave Lindquist are Rob Dixon, a saxophone player and artistic director of the Indianapolis Jazz Foundation. And Lasana Kazembe, a poet, teaching artist and assistant professor of education at IUPUI.
Bates-Hendricks bar taps into speakeasy trend
Modern speakeasies aren’t an overnight sensation in Indianapolis, but the trend has accelerated. Unlike speakeasies of yesteryear, these bars are legitimate businesses licensed to sell alcohol.
More big donors want to be anonymous
Some public interest groups say the rising tide of anonymous gifts to not-for-profits can lead to potential fraud or dark-money abuses, so the groups have pushed to require institutions to list their big givers.
Indy Chamber comes down against IPS tax increase as proposed
The business advocacy group questioned how the effort would improve academic performance and why students in the district’s Innovation charter schools wouldn’t receive an equal portion of the funding.
U.S. economy grew 2.1% in 2022, but recession fears linger
The latest figures point to a strong but slowing economy that has been tempered by the Federal Reserve’s aggressive efforts to control inflation.
Westfield-based Storage Solutions acquired by German firm for $375M
Jungheinrich AG sees purchasing the 45-year-old warehouse racking and automation company as part of its strategy to expand its geographic footprint. It says that it intends to keep Storage Solutions’ management team.
Wabash Brewing to end 8-year run in latest beer-maker closure
Small-batch beer maker Wabash Brewing LLC announced Tuesday its plans to close its location on East 79th Street permanently—the latest exit in a season of tumult for Indy-area brewers.
Bastian Solutions to build $130M corporate HQ, manufacturing campus in Noblesville
The company plans to create 250 new jobs over the next five years in Noblesville and retain and relocate 400 employees to the 580,000-square-foot complex.
Real estate brokerage makes Indianapolis its HQ city after local growth
One of the Indy area’s largest commercial real estate brokerages has decided to designate Indianapolis as its headquarters city, after decades of being based in its hometown of South Bend.
Council committee OKs $18.8M in TIF bonds for City Market East
A City-County Council committee passed a group of proposals Monday night to set the stage for the upcoming $180 million City Market East project.
Black Acre Brewing Co. to close all locations
Black Acre’s original tap room, a production facility and a speakeasy-style bar will cease operations in February.
Furniture retailer closing Indianapolis-area stores
The move into the Indy area in 2014 was supposed to the first step in a multi-market expansion for Weekends Only Furniture & Mattress. The whole chain is now slated for liquidation.
IBJ Podcast: Internet banking pioneer Becker has bucket list but isn’t going anywhere
The First Internet Bank of Indiana founder is 69 years old and says he has no plans to hand over the reins of CEO and chairman given that developing new products and services for the bank scratches his entrepreneurial itch.
Gold and black brings in plenty of green
Altogether, not-for-profit institutions in Indiana landed 54 gifts of $1 million or more in 2022, for a total of $241 million, or nearly 8% higher than a year ago. Purdue University received five of the top 10 donations.
IBJ Podcast: Jeff Wood’s white-knuckle ride from F-16 pilot to head of Tom Wood Automotive
It’s been more than a dozen years since Jeff Wood became company president, and he has used that time to diversify Tom Wood Automotive Group—often following his own interests to see where they lead.
VetCheck looks to franchise 250 urgent care clinics nationwide
Company leaders hope to eventually have one VetCheck center for every 30 traditional veterinary offices in any given area.
Three new art installations planned for 100 Acres park at Newfields
A $3 million gift from life science entrepreneur Kent Hawryluk is spurring the addition of the sculptures at the park known as 100 Acres.
IBJ Podcast: Digging into Salesforce’s ‘restructuring’ and what it could mean for Indianapolis
The global tech giant revealed Wednesday that planned to lay off about 10% of its employees companywide and shrink its real estate footprint. But execs are mum on the possible ramifications for downtown’s Salesforce Tower.
Podcasting is only the beginning for ‘Crime Junkie’ host Ashley Flowers
Flowers is eager to focus on new podcasting, publishing, and television and film opportunities . With four projects in the works for streaming platforms, the company plans to expand into filmed entertainment this year.