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.
Expansion
Articles
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.
Ford Meter Box plans big expansion in Indiana
Ford Meter Box announced plans to invest up to $300 million to build a 300,000-square-foot facility adjacent to its headquarters and create up to 126 jobs by the end of 2027.
Local coffeeshop chain planning aggressive U.S. expansion
Owner Sajjad Shah Shah self-funded the first four MOTW shops without any debt or investors, but the company is working to clear hurdles to become eligible for franchising as well.
Hamilton County hopes fairgrounds expansion leads to more programming
A $65 million, three-phase expansion project begins this summer that will modernize the 40-acre site in Noblesville and enable it to host a wider variety of programming throughout the year.
Cunningham restaurant empire keeps growing
On the verge of opening its 40th restaurant, Indianapolis-based Cunningham Restaurant Group is set to do business in Bloomington for the first time and expand its presence in Plainfield and Greenwood.
Westfield soccer training facility works to fulfill a dream
Sogility consolidated two smaller locations in Fishers and Westfield into a 14,000-square-foot indoor facility that will add 19,000 square feet of outdoor space this year. The company plans to open facilities in 10 cities within two years.
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.
For startup, helping people connect on LinkedIn is big business
Kennected, which expects to book $10 million in revenue this year, has about 140 employees in the United States and India. As of mid-November, the company was bringing in just over $600,000 in monthly revenue, a figure that’s growing 10% each month.
Convenience store chain Wawa planning expansion into Indiana
Pennsylvania-based Wawa currently has more than 1,000 locations across six states and Washington, D.C. The convenience stores offer built-to-order food, beverages, coffee, and, in a majority of locations, gasoline.