Kimball Electronics plans to open new manufacturing facility in Indy, add 345 employees
Kimball plans to occupy 307,000 square feet in the 584,820-square-foot Commerce Center Building 1, which was constructed in 2023 on South Post Road.
Expansion
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Q&A with Mike Schrage: For Centier Bank CEO, focus is on serving communities
Schrage, now 77, sat down to talk with IBJ about his 53-year tenure with Centier Bank, the future of the company, his philosophy on leadership and his love of reading.
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North Mass Boulder adding fitness studio, event space
The expansion will occupy part of the courtyard at the Box Factory building in the Windsor Park neighborhood, where North Mass Boulder opened in 2021.
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Steakhouse in Phoenix to be first Huse restaurant outside of Indiana
The owner of St. Elmo Steak House and Harry & Izzy’s is planning the Arizona restaurant as part of a $2 billion redevelopment of a former shopping mall.
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Logistics provider planning 415-job expansion in Lebanon
Supply-chain giant GXO Logistics is planning to spend $11.7 million to grow operations at a massive facility where it handles returns for Nike Inc.
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Articles
Roche picks Indiana for new plant, expanded operations as part of $50B investment in United States
Roche said Indiana would receive a new manufacturing facility for continuous glucose monitoring and expansion and upgrades at existing pharmaceutical, diagnostics and distribution operations.
Rootstock Hospitality Group grows portfolio with Aberdeen Social House
For Andrew Vudis and Ryan Craig, former Ruth’s Chris Steak House executives who established Rootstock Hospitality Group in 2017, Aberdeen Social House represents a bold culinary statement.
Christel House launches first major expansion since DeHaan’s death
Over the next two decades, the organization plans to add at least 9,100 students to its K-12 schools worldwide, more than doubling the 6,440 students and recent graduates still being mentored at nine schools in five nations now.
Carvana announces 200-job expansion at Plainfield site
Arizona-based used-car retailer Carvana says it intends to add inspection and reconditioning services at its auto auction site in Plainfield to establish what it calls a Megasite.
Growth in Indiana and beyond is blueprint for Black Orchid Barbers
The roster of Black Orchid Barbers locations stands at five in Indianapolis and Carmel, and owner Travis Moore said he’s eager to open shops elsewhere.
Allison Transmission investing $100M-plus to expand production in India
Indianapolis-based Allison Transmission plans to add 200,000 square feet to its manufacturing facility in Chennai, India, the company announced Thursday, doubling its manufacturing footprint at the site.
Swiss manufacturer Rego-Fix opens expanded facility in Whitestown
The 12,000-square-foot addition, named the Center for Machining Excellence, will partly serve as an incubator for other foreign companies that want to do business in Indiana.
Alfa Laval expects to hire 300 at new south-side facility
The provider of heat transfer, separation and fluid handling products announced that it has begun construction of a 324,000-square-foot facility in the County Line Commerce industrial park.
Calumet lands $1.4B federal loan for renewable fuels facility
The funding, announced this week, will support the expansion of a renewable fuels facility that will produce sustainable aviation fuel, or SAF.
Indianapolis Cultural Trail plans headquarters expansion
The not-for-profit that manages the Indianapolis Cultural Trail has launched a $2 million fundraising campaign to support the acquisition of its headquarters at 132 W. Walnut St. and an adjacent building to accommodate the expansion plan.
Cincinnati-based investment bank opens Indianapolis office
Cincinnati-based ArkMalibu, which represents business owners who are looking to sell their companies, has opened an Indianapolis office that will be led by local entrepreneur Phil Daniels.
Elevance Health to make $11.9M expansion in Indianapolis, add 230 jobs
Elevance said it plans make its investment at two locations: its headquarters at 220 Virginia Avenue and another site at 4740 Victory Lane on the southeast side.
Indianapolis-based IT firm plans major expansion, adopts new name
Indianapolis-based information technology firm Sondhi Solutions has rebranded as Exos Cos. and plans to add 250 new employees by the end of 2028.
Indiana Avenue section of Cultural Trail opens for travelers
The first phase of the trail extension connects portions of the original six-mile Cultural Trail to historic Indiana Avenue neighborhoods and other areas of Indianapolis.
Looking to expand, Cafe Patachou owner partners with private equity firm
Martha Hoover and Won’t Stop Hospitality Inc. announced Wednesday an investment from North Carolina-based Hargett Hunter Capital Management that is expected to accelerate her goal of opening more restaurants.
Toronto awarded WNBA’s first franchise outside U.S. as league looks to add 4 teams by 2028
Toronto will be the WNBA’s 14th franchise, with the expansion Golden State Valkyries to start play next year.
Software firm Tenon to use $8M investment round to fund expansion
Indianapolis-based Tenon Software Inc. plans to use the new funding to grow its staff, accelerate product development and boost marketing.
Merrillville-based Centier Bank expanding in Indianapolis market
Merrillville-based Centier Bank, which entered the Indianapolis market in 2011, is in the middle of a local growth spurt that includes three new branch locations and three additional relocations by early next year.
Ambition drives CEO as Mexican restaurant group expands
Paul Arechiga is CEO of Fishers-based Arechiga Restaurant Group. The company has nine Mexican restaurants in the Indianapolis area and five more in suburban Chicago.