Target chooses site for its first small-format store in Indiana
The national retailer, which is rolling out dozens of non-traditional stores across the country, declined to comment on whether downtown Indianapolis could be a future site.
IBJ Staff
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Software firm Flexware to build downtown Fishers headquarters
The company, which last November announced plans to double its workforce, plans to occupy half of a $3.5 million building that would be constructed near the Nickel Plate District Amphitheater.
EDITORIAL: Hoosier voters owe it to themselves to cast a ballot
In the last midterm election, in 2014, voter turnout in Indiana was below 30 percent, ranking last among the 50 states.
Walmart plans $24M in renovations, tech upgrades at Indiana stores
Retail giant Walmart on Wednesday announced plans to spend about $24 million over the next year to remodel seven stores in Indiana, including a supercenter in the Indianapolis area.
Calumet acquires startup
Indianapolis-based Calumet Specialty Products Partners LP announced that it has acquired Irvine, California-based startup Biosynthetic Technologies LLC. Terms were not disclosed. Biosynthetic Technologies has developed a proprietary process for converting the fatty acids in plant and animal oils into high-performance synthetic oils that can be used in industrial lubricants, personal-care items and other chemical sectors. […]
Cummins has record number of patents in 2017
Cummins Inc. received 287 patents from the United States and other countries in 2017—a record for the manufacturer. Last year marked the fifth straight increase in the number of patents the company received, starting in 2013 when Cummins earned 156 patents. Cummins got its start as a diesel-engine maker, but today the company is working […]
Medical-device maker expands in Shelbyville
Medical-device maker PMC Smart Solutions is wrapping up a $5 million expansion at its Shelbyville manufacturing plant that will triple its current medical-manufacturing space. The project, which is expected to be complete this month, adds another 10,000 square feet to the facility, bringing its total size to 80,000 square feet. Production is to start in […]
Manufacturers struggle to go digital in supply chains
Even as manufacturers pursue digital supply-chain strategies and technologies, most companies in a recent survey said they don’t expect to have a fully integrated digital supply chain anytime soon. According to the JDA 2018 Intelligent Manufacturing Survey, 46 percent of companies surveyed said they are actively pursuing strategies and technologies to digitize their supply chains […]
Tinker Street chef to usher in restaurant’s return as a co-owner
After resigning on March 30 amid personnel issues at the high-profile eatery on East 16th Street, chef Braedon Kellner has returned to the kitchen with a stake in the business, according to one of its founders.
Newspaper: Lilly Endowment administrator, formerly a prostitute, helped pastor defraud foundation
A convicted prostitute who had a 40-year administrative career at Lilly Endowment Inc. secretly worked with a prominent Florida pastor to defraud the Indianapolis-based charitable foundation out of tens of thousands of dollars, the Tampa Bay Times reported last week.
Purdue bidding to run Los Alamos nuclear lab
The New Mexico lab, launched during World War II, is the nation’s leading nuclear-weapons research facility and employs 11,200 workers.
Indianapolis joins cohort of big cities exploring cutting-edge transportation ideas
City leaders will collaborate with officials from 21 other major municipalities to share best practices with a focus on creating transportation hubs and reshaping the use of right-of-way and curb space.
EDITORIAL: Let’s start regional conversation about taxes, the arts and more
Indianapolis must be a strong, stable city for the region to continue to thrive—and its suburbs must be vibrant as well. That won’t occur without in-depth regional conversations about taxation, transit, economic development and more.
Zimmer Biomet device gets FDA approval
Zimmer Biomet Holdings Inc. said it has completed its first surgical case using a new device called a comprehensive augmented baseplate, which offers an alternative to bone grafting for patients with defects in the shoulder cavity who are undergoing shoulder reconstruction.
IU Health rolls out mobile stroke unit
Indiana University Health has begun using a new specialized vehicle with equipment capable of diagnosing and treating a stroke on-scene.
Contemporary art museum secures new home base in Holy Cross
More than a year after vacating its base of operations in Fountain Square, the Indianapolis Museum of Contemporary Art has landed on a new long-term location on the city’s near-east side.
Old Spaghetti Factory sets opening date for Carmel location
The location will be only the second in Indiana for the 49-year-old family-friendly restaurant chain.
Calumet suffers $84M loss in revised quarterly earnings report
Indianapolis-based Calumet Specialty Products Partners LP suffered a bigger loss in the fourth quarter than the company originally reported almost four weeks ago.
LDI adds Indiana-based firm to its portfolio with new acquisition
Indianapolis-based LDI, which invests in middle-market businesses, is rebuilding its portfolio after losing ownership of Motorsport Aftermarket Group late last year.