Tech company Levementum plans local expansion, new jobs
Indiana Gov. Eric Holcomb and Indianapolis Mayor Joe Hogsett are expected to join Levementum executives Wednesday afternoon for an economic development announcement.
IBJ Staff
Articles
International traffic on upswing at airport
The number of passengers leaving Indianapolis for international destinations last year grew 69.2 percent, to 37,000.
International Center to hold business-etiquette workshops
The International Center in Indianapolis is offering a series of workshops, “The World in Transition,” that will provide participants with an overview of the culture, protocol and business etiquette in the United Kingdom, China and Russia.
Feds dole out aid for workers hit by trade-related job losses
Employees at 45 Indiana workplaces—including 11 in the Indianapolis area—applied for federal assistance in the past 13 months because they believed they were victims of trade-related job losses.
EDITORIAL: Legislature’s goals are good ones
Tax increases should be transparent. The proposed cigarette tax hike is not. While we laud the Legislature’s goals, we urge lawmakers to separate these issues and ensure Hoosiers understand just what they’re paying for and how.
Baldwin & Lyons sees rising profit, revenue on premium growth
Baldwin & Lyon’s said gross premiums written during the fourth quarter totaled a record $104.9 million, 7.2 percent higher than the fourth quarter of 2015.
Cathedral High School acquires Little League headquarters
The 35-acre site, on the city’s far-northeast side, contains several diamonds and will enable the private Catholic school to have its own baseball facilities.
Upstart digital marketer plans to hire 51 in Fishers
Iconic Digital Marketing will accommodate the expansion by moving out of Launch Fishers into its own space in the city's Nickel Plate District.
Indy-founded drug firm lands nearly $23M to fight rare disease
Two local men who have been working on a potential blockbuster treatment for a rare and debilitating disease are hopeful that a major injection of venture capital will provide the boost needed to move the drug to market—even if it means sweeping changes for their company.
Former utility CEO sentenced to 33 months in prison
Donnis Mizelle, 56, pleaded guilty to embezzling $580,000 from an Avon-based utility and using the money for personal expenses, including vacations, jewelry and a Mother’s Day brunch.
PROXY CORNER: Hillenbrand Inc.
Batesville-based Hillenbrand Inc. operates the Batesville segment, which sells burial caskets and other death-care products. Hillenbrand also operates a Process Equipment Group, which makes material-handling equipment and systems.
Restaurant owners charged with underreporting $1.8M in sales
The two owners operated six eateries in central Indiana, including one in Indianapolis, and have agreed to pay nearly $143,000 in restitution to the state Department of Revenue.
Local health care facility with 87 employees shutting down
The closure of an Indianapolis residential care facility is expected to result in the loss of 87 jobs, but some of the workers might be able to land employment at the same company.
Former higher ed chief Stan Jones dies
Jones was a behind-the-scenes architect of Gov. Frank O’Bannon’s efforts to create a community college system.
Struggling HHGregg lays off 100 in bid to save $15M a year
In a statement, CEO Robert Riesbeck said: "While decisions like this are never easy, we are taking the necessary steps to preserve and grow our business during the continued challenging retail environment.”
EDITORIAL: Dreaming big about soccer
The idea of becoming a major-league soccer city is great, although it’s way too early—and Ersal Ozdemir’s plan way too sketchy—to pass judgment yet on whether Mayor Joe Hogsett’s administration and CIB should support any city financial involvement in making it a reality.
Indy still in Super Bowl hunt?
The city has only hosted the Super Bowl once—in 2012—and failed in a second bid. (IBJ file photo) Opinions vary on the likelihood of Indianapolis’ ever hosting another Super Bowl. The city hosted the 2012 Super Bowl and earned rave reviews from the NFL, the league’s corporate partners, participating teams and myriad visitors to the […]
Convention impact grows
Indianapolis continues to see consistent year-over-year growth in its convention business, which is reflected in the growth of the 10 biggest conventions the city hosts. In 2017, Visit Indy projects the city’s 10 biggest conventions will have a $380 million economic impact, a 6 percent increase from last year. Since 2014, the economic impact from […]
Milhaus putting $450M apartment portfolio on market
Indianapolis-based developer Milhaus is marketing a massive package of multifamily properties that includes several high-profile developments in Indianapolis.