Carmel cancels pharmaceutical firm’s tax break
Carmel City Council voted 6-0 Monday to terminate a tax abatement for Pharmakon LTC Pharmacy, which relocated its drug-repackaging operation to Noblesville last year.
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Upscale salon closes Clay Terrace storefront
High-end David & Mary Salon Spa has closed its Clay Terrace location after months of grappling with road construction, frigid weather and the loss of several key employees. Plus: Macaroni Grill leaves Carmel.
Sallie Mae spinoff Navient tries not to shrink
Navient Corp., which employs 2,300 in its Fishers, Indianapolis and Muncie offices, is in the running for a big contract with the U.S. Department of Education even as the student-loan-servicing company faces criticism after admitting it overcharged military service members by millions of dollars.
Northern suburbs see blitz of apartment construction
Growing demand for high-end, low-maintenance living is fueling an apartment-building boom in Indianapolis’ northern suburbs—and raising concerns among some leaders about the risks of adding too much too fast.
UPDATE: Hoosier roots keep Jarden Home HQ in Indiana
Jarden Home Brands considered out-of-state sites for a new distribution center to serve its growing consumer-products business, but leaders opted to stay close to home. The Daleville-based company plans to move its headquarters to Fishers.
Jarden Corp. unit plans HQ in Fishers
A subsidiary of the consumer products giant behind Ball jars, Yankee Candles, Crock-Pots and Coleman tents plans to spend nearly $22 million to open a regional headquarters and distribution center in Fishers that could employ nearly 300.
Group backs out of deal for Anderson’s Wigwam
Officials say a private group has decided not to take over Anderson's closed Wigwam gymnasium, leaving the fate of the 9,000-seat venue uncertain.
Fishers dangles possible tax break to lure unnamed prospect
An unidentified company may take over a vacant distribution facility in Fishers, spurring town leaders to begin the process of making the property eligible for a tax abatement.
Greensburg factory to invest $28M, add 250 workers
Workers will be hired as global firm Valeo buys new equipment for its 400,000-square-foot engine cooling factory to start new product lines for Honda, Nissan, Chrysler and Ford.
Hoosier Environmental Council opposes dam on White River
The Hoosier Environmental Council has added its name to the list of environmental groups opposing a proposed seven-mile long reservoir along the White River in central Indiana.
Commuter bus operator seeks extra funding for Fishers, Carmel service
The $5 Hamilton County commuters pay to ride the Indy Express bus to or from downtown isn’t enough to sustain the route, the operator told Fishers Town Council during a Monday work session.
Transfer of Anderson gym awaits additional approval
The Anderson City Council will have to approve the city's involvement in the transfer of the closed 9,000-seat Wigwam gymnasium to a private group planning to reopen it.
Dems won’t field candidate for Fishers mayor
Hamilton County Democrats have appointed four candidates to fill vacancies on the November ballot, but the party will not have a contender in Fishers’ first mayoral race.
Medical device maker to hire 112 in Plainfield
Global firm Covidien LP plans to consolidate U.S. operations for servicing its medical devices in central Indiana, renovating its existing 70,000-square-foot facility in the process.
Golf-soccer hybrid tees off at five Indiana courses
Burned by the economic meltdown and the scorching summer of 2012, five Indiana golf courses are rolling out a new game this year in hopes of bringing a little more green to their greens.
Muncie launches ‘quiet zone’ push to benefit hotel
Muncie's push would benefit a $40 million Courtyard by Marriott hotel slated for a groundbreaking later this year and set to open in fall 2015 just north of CSX Transportation and Norfolk Southern tracks.
Private foundation planning Carmel HQ
Indianapolis-based Liberty Fund plans to build a campus-like headquarters on the Meridian Street office corridor in Carmel—if officials approve a couple of notable exceptions to the city’s development guidelines for the area.
Fishers banquet hall set for sheriff’s sale; owner cites ‘technical problem’
A stand-alone banquet and conference center in Fishers is scheduled to go on the block at a July 17 sheriff’s sale, but its owners say that’s a mistake they hope to resolve before then.
Investors in church-related fraud to get most of their money
Investors will get 70 cents for every dollar they invested in an $85 million Ponzi scheme operated by a fundraising branch of the Church of God.
Feds raise several issues about proposed reservoir
Two federal agencies are raising questions about a proposed $400 million Mounds Lake Reservoir, including the plan's failure to address alternatives to damming the White River.