As envisioned by developer Ambrose Property Group, Westpoint Business Park eventually will include as many as nine logistics buildings totaling more than 6 million square feet of space.
Brothers to funnel $4.5M into companies stung by pandemic
Sensing an investment opportunity—and a chance to do good—the four Litt brothers have set aside for investment a portion of the $40 million they reaped from the 2019 sale of their transportation-management firm, Reliable Source Logistics.Read More
Coke bottler planning $55M Whitestown facility to consolidate statewide warehousing
The nation’s largest Coca-Cola bottler is planning to merge its Anderson, Bloomington, Lafayette, Shelbyville and Speedway warehousing and distribution operations into a massive new Whitestown facility by next spring.Read More
Panic buying leaves retailers scrambling to restock
Grocers big and small are hiring more workers, paying overtime and limiting purchases on certain high demand items as they scramble to restock shelves that have been wiped out in response to the global viral pandemic.Read More
Celadon auctioning off equipment from east-side headquarters
Indianapolis-based Key Auctioneers will be handling the sale of office furniture, computers, truck parts and other items from Celadon’s east-side headquarters as the trucking company liquidates its assets in bankruptcy.Read More
A largely agricultural area near the formerly contested border of Zionsville and Whitestown could soon be the site of two 550,000-square-foot warehouses.
Plans call for the mammoth Hancock County facility to feature 146 docks and parking for 1,985 cars and up to 916 trailers.
Target, CVS, Apple and Walmart all said Sunday that they had temporarily closed or limited hours at some locations for safety reasons, while Amazon said it has adjusted some routes and suspended some deliveries.
The Whiteland Town Council has scheduled a special meeting to consider a tax abatement related to the proposed development of 997,000-square-foot logistics building on 121 acres near Interstate 65.
President Donald Trump says the coronavirus pandemic highlights the importance of U.S. manufacturing and moving supply chains out of China, as he blamed that country anew for not doing enough to slow the pandemic.
The Fresh Cut operation at Caito’s main campus at 3120 N. Post Road cuts and packages fresh produce for distribution to retailers.
The distribution arm of the New Jersey-based company plans to spend $110 million on project, which will include specialized handling and storage technologies for medical devices.
The grocery delivery service, which entered the Indianapolis market in 2011, had hoped to grow its local workforce to as many as 238 employees but fell far short of that goal. On Tuesday, it announced it was pulling out of Indianapolis and other Midwestern markets.
The Seattle-based e-commerce company plans to use a 660,384-square-foot building that’s already under construction for an an “inbound cross dock” center.
The staggering number of Prime members is sure to spook other retailers. Analysts have said Prime subscribers typically spend more of their money at Amazon than other places.
Celadon CEO Paul Svindland, who joined the company in 2017 and tried to turn around the troubled trucking company, is departing for a CEO job at another logistics company.
While fears that robots will replace human workers haven’t come to fruition, there are growing concerns that keeping up with the pace of the latest artificial intelligence technology is taking a toll on human workers’ health, safety and morale.
Critics of Celadon management say a deep-seated, clubby culture helped propel the Indianapolis-based trucking giant toward financial ruin.
The company moved goods for many well-known companies, including Alcoa, General Electric, John Deere, Philip Morris, Procter & Gamble, Target and Walmart.
CEO Paul Svindland said challenges in the trucking industry, along with fallout from what prosecutors allege was a massive accounting fraud engineered by prior management, proved impossible to overcome.
The Indianapolis-based company lost its way after founder Stephen Russell gave up the CEO’s role in 2012, and three of its former executives now are facing fraud charges.
Energizer Manufacturing Inc. is seeking tax breaks from the city of Franklin in return for opening a $62.7 million packaging and distribution center in Franklin Tech Park, just east of Interstate 65 and south of State Road 44.
The Indianapolis-based firm on Tuesday broke ground on a $78 million, 508,104-square-foot building—the first of four planned structures as it shifts focus to industrial development.