Indiana stocks rocket higher to open year
More than two dozen of the state’s 51 public companies posting double-digit percentage gains in the first quarter.
Growth
Articles
Father-son Sahm’s duo blazes trail to build 15-restaurant juggernaut
Sahm’s Restaurant Group focuses on filling underserved niches, making its customers happy with unpretentious food, and building deep connections with the neighborhoods in which it operates.
California tech firm Jobvite invests in Fishers
In four years, the Indianapolis office of the job-candidate-recruiting software company has grown from one employee to 30.
Flush with funding, Scale Computing chases ‘multibillion-dollar opportunity’
A partnership with Japanese personal-computer maker Lenovo—to be rolled out Feb. 25—and $34.8 million secured in October has the software firm poised for explosive growth.
Sun King seeks fast, but smart, growth
It’s daunting to keep tabs on what Sun King Brewing Co. is doing these days.
Indianapolis-based Contour Hardening has new leader, huge growth plans
The small manufacturer in the niche metal heat-treating industry has a new CEO, a new outlook and plans to more than triple annual revenue in five years.
Unique CEO leads torrid Salesforce expansion
The driving force behind the explosive growth of Salesforce’s Indianapolis-based Marketing Cloud unit stays out of the local spotlight but is internationally renowned in tech circles.
Growth of Indy-based Defenders home-security company outpaces industry
The local family-run company specializing in home security and smart-home technology has grown 20 percent each of the past two years, with $600 million in revenue projected for 2018.
After manufacturing for others, Foamcraft rolls out own mattress line
The prosperous family-run company is hoping for ieven greater success with its newer, direct-to-consumer line, including its latest product: custom-made mattresses.
New owner, chef give Le Peep needed update
The local chain—under new owner Pars Restaurant Group LLC—is rolling out major changes. The old logo remains but new food and a new look are in the offing.
Soup maker answers call for locally made goods
Lisa Sprunger founded frozen-soup company Urban Ladle in the kitchen of her north-side home, nurturing it into a line of seven frozen soups sold at various, mostly Indiana, retailers.
After split driven by succession planning, family-owned Crew Carwash is in growth mode
This year, Indianapolis’ largest car wash chain—which is also one of the nation’s largest—marks its 70th anniversary. Sort of.
Firm that repairs ultrasound probes grows quickly
Fast-growing Fishers-based Probo Medical serves a niche within a niche: It repairs and refurbishes ultrasound equipment—more specifically, the probes for ultrasound systems.
Centerfield raises $310M, includes 2 local companies among investments
The local recipients are produce distributor IF&P Foods, parent of Indianapolis Fruit and Piazza Produce; and Wild Sports, which makes sports-themed tailgating games and accessories.
Craft brew industry continues to grow but loses froth
The explosive growth in craft breweries is starting to slow in Indiana, and a smattering of players have gone out of business. Yet industry observers remain bullish on the market.
Startup growth improves in metro Indy
The Kauffman Index of Growth Entrepreneurship says the area now ranks 10th among the 40 largest metro areas when it comes to what Kauffman calls “growth entrepreneurship.”
Carmel firm’s acquisition doesn’t slow down its growth
Allegient, now known as the Digital Transformation Solutions division for DMI, is still growing—and that growth could actually accelerate.
Welding supply company finds success in making, selling dry ice
Sutton-Garten Co. has found a way to change with the times while staying true to its roots.
Produce distributor Caito opens $32M facility that makes prepared foods for groceries
In January, the produce distributor opened a $32 million facility designed to cook and package meals and side dishes such as salads, pasta, deli meats and pinwheel sandwich wraps.
Safeway stores get fix-up under new owners
Local grocery chain Safeway, hatched during World War II, has outlasted other homegrown competitors at a time large nationals are increasing their market share.