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.
Expansion
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.
Biopharma company plans $250M expansion in Bloomington
Simtra BioPharma Solutions on Wednesday announced plans to expand its sterile fill/finish manufacturing campus in Bloomington and add about 130 jobs.
zWorks to open second coworking center in Zionsville
zWorks said the location features open work areas, a large conference room, two private offices and a quiet, reservable room for meetings and calls.
Anderson-based credit union expanding outside Madison County
After 60 years of operations in Madison County, Anderson-based Lampco Federal Credit Union is working to establish a foothold in Marion, Hamilton and Hancock counties.
Indianapolis-based Major Tool & Machine expanding capacity in microchips industry
The company, which specializes in metal fabrication and machining, is in the midst of a 51,000-square-foot expansion that will boost its ability to make components for one major customer in the microchip industry.
Fishers-based company to bring new life, jobs to former RCA plant
ReElement Technologies LLC plans to invest a minimum of $100 million to convert the 425,000-square-foot facility into a rare earth and battery material refinery that could eventually employ more than 300 people.