Cummins Inc. said it plans to spend more than $68 million to expand operations in Columbus, Greenwood and Indianapolis as it grows its new Electrified Power business segment. The company will move about 500 jobs to Greenwood.
Fort Wayne-based STAR Financial Bank plans to take over a 12,000-square-foot space at 40 Monument Circle that currently houses the staff of Indianapolis Monthly. The Monthly offices are part of the headquarters of Emmis Communications Corp., which owns the magazine. Magazine staff will move into another part of the Emmis building. STAR plans to invest nearly […]
The Indianapolis-based Indiana Bankers Association has created a bank-focused insurance agency called IBA Insurance Solutions.
Carmel-based Merchants Capital Corp. opened a mortgage production office in downtown Chicago last month.
Indianapolis-based Financial Center First Credit Union is building a branch in Kokomo and will complete a merger with Kokomo Heritage Federal Credit Union when the branch opens this fall.
In a story at the top of the final issue, the paper said it closed “the shopper due to challenging market conditions.” The paper was delivered free by carriers to 15,000 readers on Wednesdays and Saturdays.
Businesses, confronting an unemployment rate around 4 percent, are struggling to hire. Meanwhile, the formerly incarcerated, who face an unemployment rate about five times higher than the general population, need work to help sustain themselves and their families.
The museum, which is currently homeless, signed a purchase agreement in February for a building at 543 Indiana Ave. It needed to raise $1.5 million to buy and rehab the building, and it passed that goal with hours to spare Wednesday.
Hulman & Co. said Wednesday that it has sold Clabber Girl Corp. to Parsippany, New Jersey-based B&G Foods Inc. so it could better focus on motorsports and entertainment.
Plans call for the company to spend $11.8 million on the real estate improvements and another $5.7 million on new IT equipment and freezers.
A private equity firm executive and his wife have given Purdue University a donation to support the business analytics center in the Krannert School of Management, Purdue announced Tuesday.
A software-as-a-service firm founded last year under the wing of Indianapolis-based venture studio High Alpha announced Tuesday that it plans to spend $1.4 million to establish a downtown headquarters.
Opus Packaging Group said it will invest $3 million to build and equip a 170,000-square-foot facility, its first location in Indiana.
Andrew Mallon, corporation counsel for the city of Indianapolis, was approved Friday morning as executive director of the Capital Improvement Board, replacing longtime leader Barney Levengood.
Bioanalytical Systems said May 1 it purchased Smithers Avanza Toxicology Services in suburban Washington, D.C.
The university said it joined the collaboration, which includes several other research institutions, to help reverse national trends in opioid misuse and overdose.
Luxury apartments and mixed-use commercial space will soon be part of Purdue University’s Discovery Park District.
Panelists from a broad range of life sciences fields shared their insights on key issues during IBJ's Life Sciences Power Breakfast on May 3.
The measure is especially important after the Indiana General Assembly’s failed to act on a similar proposal as well as a bill that would have significantly increased the cigarette tax. That’s despite strong support for both bills from a broad spectrum of business, religious, health and not-for-profit organizations.
