A Greenwood firm that manufactures wireless monitoring and control devices plans to move operations into an abandoned plant on the south side of downtown Indianapolis, allowing it to expand and add 25 workers before the end of the decade.
With the new infusion, the maker of energy-management software has brought in about $25 million in venture capital.
The blockbuster acquisition by Salesforce.com is still helping Indianapolis attract new investment capital, recruit talent, and burnish its reputation as an emerging tech hub, according to panelists at IBJ's Technology Power Breakfast.
The corner of Brookside Avenue and 10th Street, just off Massachusetts Avenue, could soon be the center of what city planners hope is a model to address industrial blight.
Zionsville-based Hc1 is using its latest round of funding to expand from its roots—making software to help medical labs, pharmacies, physicians and hospital systems track the business relationships they have with one another—into a company that also helps those organizations interact directly with patients.
KA+A, an Indianapolis design firm whose clients include Salesforce.com, LifeLock and ZenDesk, has changed its name to Studio Science.
Indianapolis-based business software firm CTI Group Holdings Inc. on Wednesday announced the appointment of Manfred Hanuschek as its new CEO and president.
A local senior home health specialist said he believes the identity thefts are connected to the recent cyberattack on Indianapolis-based health care insurer Anthem Inc., which covers Ball State employees.
Food container manufacturer Royal Interpack North America Inc., a subsidiary of Thailand-based Royal Group, announced plans Tuesday to spend $11.9 million to open its first Midwest plant.
The Fort Wayne-based maker of handbags, luggage and accessories said Tuesday it will close the factory May 9 unless business conditions require earlier action.
The defense and aerospace contractor plans to add another 249 workers to its existing work force of 912 in Indianapolis by the end of 2020. It also plans to invest about $26 million on the local expansion.
Gov. Mike Pence, Raytheon executives and officials for the Indiana Economic Economic Development Corp. have scheduled a Monday afternoon press conference at Raytheon Technical Service Co. LLC to officially announce the local expansion.
The owners of more than 20 polluted industrial sites in Indianapolis are hiding behind the legal protections of a state-run voluntary program to delay cleanup, Mayor Greg Ballard alleges in a letter to state regulators.
Brandon Evans and Andrew Insley hope their laundry detergent startup sets itself apart from the crowded field of competitors that say they use “natural” ingredients. Their point of differentiation: truly making good on that claim.
Fresh off a $3 million funding round announced Thursday, the four-year-old tech company said it plans to hire 50 employees between its Chicago and Indianapolis offices. The majority will work in Indianapolis, founder and CEO Phil Harris said.
U.S. factories expanded last month at their weakest pace in a year, with orders, hiring and production all growing more slowly.
Calumet Specialty Products Partners lost $63.5 million in the fourth quarter, leading to an unprofitable year.
Company spokeswoman Courtney Boone said the Pittsburgh-based steelmaker plans to talk with affected workers and the United Steelworkers union about whether they will be transferred or laid off.
American Stair Corp. plans to invest $2.9 million to purchase, renovate and equip a 60,000-square-foot plant. State officials are offering $1.7 million in tax incentives.
Pendleton-based Remy International Inc. announced Thursday that it plans to acquire Maval Manufacturing Inc., a steering-system maker that employs about 210 people in northeast Ohio.
