BorgWarner to close Indiana manufacturing plant
The closure will affect about 150 employees at its Morgan Street Production Plant.
Business Closures
Indianapolis chemical maker closing 159-worker plant
Aurorium, which traces its roots to Reilly Industries, is closing a facility at a site that has been home to a chemical manufacturing plant since 1921.
Closure of Indiana chicken facility to cost 368 workers their jobs
More details have emerged regarding the impact of Tyson Foods’ announcement this week that it is closing four chicken processing facilities, including one in Indiana.
Sahm’s vacating longtime bar and restaurant space in Fishers
Hoss Bar & Grill, a Sahm’s Restaurant Group business that took over a spot previously occupied by Sahm’s Bar & Grill, has closed.
Envelope company closing Indy plant, eliminating 127 jobs
Cenveo Worldwide Limited said the plant at 6302 Churchman Bypass—just outside Interstate 465 on the city’s southeast side—will close on Sept. 8.
Indiana printing plant to close, ending 525 jobs
LSC Communications has been struggling due to a steady decline in demand for long-run catalog and magazine printing and has closed several plants in recent years.
Bed Bath & Beyond files for bankruptcy protection, plans to close stores
The retailer has set a closing deadline for its stores, including those in Carmel, Noblesville, Greenwood and Bloomington, and announced it will stop accepting its ubiquitous coupons soon.
COVID-related business closures not ‘physical loss’ under insurance policy, appeals court affirms
Continuing a trend in Indiana courts, the 7th Circuit Court of Appeals has once again ruled that COVID-related business closures do not qualify as “physical losses” eligible for insurance coverage.
The rise and fall of a renewable energy darling
The U.S. government is suing WindStream, which shut down in 2016. It says the company owes $3.12 million in loans that the U.S. Export-Import Bank guaranteed as WindStream was expanding globally.
Citing slow business, Patachou closes downtown’s Napolese restaurant
It first closed in March 2020 at the beginning of the pandemic and didn’t reopen until March of this year, in advance of the NCAA’s men’s basketball tournament, which took place mostly in Indianapolis.
Health department forces Broad Ripple ice cream shop to close
The Marion County Health Department forced the Baskin-Robbins in Broad Ripple to close last week because of a malfunctioning air conditioner. The shop’s owner said he has no plans to reopen.
Regulators liquidate troubled Indianapolis credit union
The financially troubled credit union had been operating under a conservatorship since January. As part of the liquidation, about 500 members and most of their deposits have been transferred to Indianapolis-based Elements Financial Credit Union.
Mitsubishi to close 82-worker climate control business in Franklin
Mitsubishi Heavy Industries Climate Control Inc., which has operated in Franklin since the 1990s, will cease production next month. Mitsubishi has a turbocharger business in the same facility that will continue to operate.
Family Video chain closing all locations, including three in Indianapolis market
The Illinois-based video rental chain, which opened its first store in 1978, outlasted competitors Blockbuster, Movie Gallery and Hollywood Video, but said it could not withstand the disruptions caused by COVID-19.
Local chocolatier to open retail space, tasting room
SoChatti is adding the storefront to its production, research and warehouse facility in the Circle City Industrial Complex on the city’s near east side. Also this week: J’s Lobster & Fish Market, The Spice Box.
Two Indiana factories set to close, ending more than 130 jobs
A defense and aerospace supplier is set to end operations at the end of January and an auto parts supplier plans to complete its closure by June 30.
Pet supplies chain with 10 local stores going out of business
The retailer has 358 stores, including four in Indianapolis, two in Carmel and one each in Brownsburg, Greenwood, Shelbyville and Zionsville.
Sahm’s Restaurant Group closing downtown cafeteria, tavern
Ed Sahm, the restaurant group’s founder and owner, said the pandemic-related exodus of downtown office workers meant the two locations are no longer financially viable.
Chase to close three Indianapolis bank branches
The three branches, all of them in Indianapolis, will close on different dates in October and November. Even after the closures, though, Chase will still have three dozen or so locations around the city.
Owner closes Butler-Tarkington hardware store after 43 years in business
The Ace Hardware owner cited a variety of reasons for the closure, including the difficulty of competing against larger retailers and increased business costs.