Indianapolis-area home builders stay on growth streak
Indianapolis-area residential builders filed 546 single-family construction permits in the nine-county area last month, their best April since 2007.
IBJ Staff
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RoomPlace plans to reopen long-vacant Levitz store, warehouse
Lombard, Illinois-based furniture retailer RoomPlace has acquired the massive and long-vacant Levitz Furniture building on East Washington Street and plans to renovate it into a showroom and warehouse, city officials announced Monday morning.
DePauw lands $20 million donation from longtime trustee
The donation was given to the Campaign for DePauw, bringing the fundraising effort at the 2,200-student college in Greencastle within $14 million of its goal of $300 million.
Jonathan Byrd’s closes Greenwood restaurant as it shifts focus north
The south side institution said on its Facebook page that it has “run its course in Greenwood,” although the Byrd Conference Center there will continue operations.
National FFA Organization names new chief executive
Mark Poeschl, of Brookville, Ohio, will take over leadership of the Indianapolis-based National FFA Organization and the National FFA Foundation on Aug. 1, succeeding Dwight Armstrong, who is retiring after leading the organizations for seven years.
Former Logo Athletic president named CEO of Lids
David Baxter has been named president and CEO at Zionsville-based Lids Sports Group, succeeding former president Kenneth Kocher, who resigned in February after more than 10 years in the position.
Wells Fargo taps Martinez for Indy leadership team
Candelario Martinez has been named regional vice president with Wells’ Indiana middle market commercial banking operation, which serves private businesses with $20 million or more in annual revenue.
Mayor should lead transit charge
The referendum to impose a 0.25 percent income tax in Marion County to fund transit improvements is one of Joe Hogsett’s first big opportunities to influence the future of Indianapolis.
IU Art Museum to use $15M Eskenazi gift for major renovation
The Indiana University Art Museum in Bloomington has received a $15 million naming gift from Indianapolis-based philanthropists Sidney and Lois Eskenazi, in addition to an art collection of nearly 100 works.
Westfield metal-products manufacturer sold to New York firm
Metal Powder Products, a Westfield-based manufacturer, has been acquired by New York-based private equity firm Millstein & Co., the companies announced Monday.
CEO survey ranks Indiana in nation’s top 5 for business climate
Among 12 Midwestern states, Indiana ranked No. 2 in both workforce quality and living environment, and No. 3 in taxation and regulations—good for a No. 1 ranking overall in the region.
Salesforce to invest $40M in Indy expansion, reap $17.2M in state incentives
The tech giant will establish its regional headquarters in the Chase Tower, to be renamed Salesforce Tower Indianapolis. Employees will start moving into the refurbished space in 2017.
Proxy Corner
Noble Roman’s Inc. sells and services franchises and licenses for non-traditional foodservice operations and stand-alone take-n-bake locations under the trade names “Noble Roman’s Pizza,” “Noble Roman’s Take-N-Bake” and “Tuscano’s Italian Style Subs.”
2 tech firms plan Hamilton County expansions
Two technology-related companies will spend a total of $3.5 million to expand their Hamilton County operations and create about 125 jobs over the next four years, state officials said May 3. DuraMark Technologies Inc., a digital printer of safety labels and branding decals, plans to spend $3 million to construct a 17,500-square-foot headquarters at 6450 […]
Hall Render expands—again
Indianapolis-based Hall Render, one of the nation’s largest law firms specializing in health care, has expanded into the Southeast with an office in Raleigh, North Carolina. The move puts the firm in the home of Research Triangle Park, one of the nation’s largest research and technology clusters, anchored by three universities. It also marks Hall […]
Longtime CFO DeVeydt announces resignation from Anthem
During his tenure, Wayne DeVeydt helped Anthem navigate through the recession, make the transition into Obamacare and negotiate its planned $54 billion acquisition of rival Cigna Corp.
Two tech companies plan to expand in HamCo, create 125 jobs
DuraMark Technologies plans to spend $3 million to construct a new 17,500-square-foot headquarters in Westfield, while Lumavate will invest $451,000 to grow its Carmel office space over five years.
Longtime Huntington exec Newbold plans retirement
Mike Newbold, regional president for Huntington National Bank in the central Indiana market since 2006, plans to retire this summer, Huntington Bancshares Inc. announced Tuesday morning.