Electrical safety firm to expand in Zionsville, add 30 workers
Lewellyn Technology plans to add a training center to its current headquarters.
IBJ Staff
Articles
Emarsys North America parent lands $22.3M investment
This financing will be used to “fuel innovation in artificial intelligence and data science, and accelerate growth at Emarsys,” the company said.
HHGregg fires merchandising chief as revolving door continues
Keith Zimmerman had been with the struggling Indianapolis-based chain since December 2014. A senior executive said HHGregg has begun the search for a new chief merchandising officer who will "move a little faster" and bring greater creativity to the job.
Indiana Landmarks raises $60K to fix, preserve historic clock
A fundraising campaign to restore the 80-year-old "Ayres clock" mounted on the corner of Circle Centre mall at Washington and Meridian streets has been a success.
Kite takes quarterly loss, matches FFO expectations
The Indianapolis-based real estate investment trust on Thursday posted revenue of $89.1 million in the period, up from $87.1 million last year.
Simon Property Group names new top lawyer
Simon Property Group Inc. General Counsel Jim Barkley, a 38-year company veteran, will retire in January and be succeeded by Assistant General Counsel Steve Fivel.
Roche completes buildings as part of $300M overhaul
Since 2012, the company has built five buildings, refurbished existing buildings, made upgrades to IT infrastructure, and increased investments in its diabetes care manufacturing technology.
Residential Real Estate: Marketplace
Home sales from July through September were up and so were prices over the same period last year.
EDITORIAL: Workforce effort has teeth
For economic development professionals, the splashy, fun side of the business is the press conferences, where local and state leaders come together to announce a company’s plans to hire hundreds or even thousands of workers. But the eco-devo experts trying to bulk up central Indiana’s economy for 21st century success know the reality of the […]
Allegion rebounds in third quarter with $1.6M profit
The security-products firm also posted higher revenue, but its results weren’t as good as Wall Street expected.
Duke Realty exceeds expectations with third quarter results
The Indianapolis-based real estate investment trust topped analyst predictions for revenue and funds from operations.
Closed home sales, prices jump in September
September was the second straight month of year-over-year increases in closed sales. There were 3,196 closed sales in 15 central Indiana counties in September. (IBJ file photo) Home sales across the region were up 14.7 percent in September over the same month a year ago, according to the MIBOR Realtor Association. It was the second […]
Simon Property raises annual outlook after strong quarter
The Indianapolis-based real estate company reported higher occupancy and rental rates at its shopping malls in the third quarter.
Roundup: Waffle maker makes leap to corner spot downtown
The Walking Waffle Company, a confectioner based in Carmel that until now has focused exclusively on Indy-area farmers’ markets, could open as early as this weekend.
Lilly sales, profit disappoint in final earnings report under Lechleiter
Sales of Lilly's Humalog insulin, its top-selling product, fell 9 percent, to $641 million, offsetting gains by a stable of new drugs that is helping the company weather a blitz of patent expirations.
Marsh Supermarkets HQ building on block for $28.6 million
Marsh said it will continue to lease the 25-year-old building from the buyer until Nov. 21, 2026, at an initial annual rent of more than $2.8 million.
Jared Fogle’s ex-wife claims Subway covered up complaints
The ex-wife of former Subway pitchman Jared Fogle has filed suit against the fast-food sandwich chain, alleging executives knew about Fogle’s sexual attraction to young children as early as 2004 and stayed quiet about his pedophile predilections to preserve his role as a “cash cow” for the company.
Citizens taking over operations of two local wastewater plants
Citizens Energy Group says it plans to hire a “vast majority” of the 180 workers at two local wastewater-treatment plants after Suez Water Indiana LLC loses its contract to manage the facilities.
Wurth Service Supply expanding, moving to Greenwood with $11.5M project
The distribution company, currently located on the north side of Indianapolis, is building a 230,000-square-foot facility in Greenwood’s Southpoint Business Park.