PROXY CORNER: First Merchants Corp.
First Merchants Corp., 200 E. Jackson St., Muncie 47305 (www.firstmerchants.com), operates 95 branches in 26 Indiana counties, two Illinois counties and two Ohio counties.
IBJ Staff
Articles
21c seeks $9M loan from city to turn Old City Hall into $55M hotel-museum
The project, which would add a modern 150-room hotel to the historic downtown building, also hinges on approval of an $11.3 million federal loan through the U.S. Department of Housing and Urban Development.
Carmel consulting firm to add about 30 local workers
Consulting firm enVista LLC plans to hire about 60 employees this year, with about half of those at its Carmel headquarters, the company announced Tuesday.
Northwest-side office building sells for $14.3M
The 180,637-square-foot building, known as College Park Plaza, was built in 1998 and houses the headquarters of publicly traded Republic Airways Holdings Inc.
Lubricant company to boost production, hire 25
Lebanon-based D-A Lubricant Inc. on Tuesday announced plans to expand local operations as it relocates production of a Pennsylvania company it acquired last year.
Doden stepping down from state economic agency
Indiana Economic Development Corp. President Eric Doden plans to return to Fort Wayne in May after two years on the job.
Conservative groups oppose Indiana net metering bill
Like Common Core to the education world, the utility issue of net metering is drawing opposition from conservative groups with a libertarian bent.
EDITORIAL: Circle Centre mall needs help
The city should lead stakeholders to turn around one of the downtown’s jewels.
NFP OF NOTE: CICOA Aging & In-Home Solutions
CICOA Aging & In-Home Solutions empowers older adults, those of any age with a disability, and family care givers to achieve the greatest possible independence, dignity and quality of life.
Indy Brew Bus expands with south-side tour
Indy Brew Bus LLC, which offers beer-tasting tours to craft breweries in Broad Ripple and downtown, is adding a route to Johnson County.
Local philanthropists make $20M gift for genocide center
The foundation created by Cynthia Simon Skjodt and Paul Skjodt has endowed an international center focused on averting genocide.
Indy health care IT company plans 35-job expansion
Healthx, which operates a web-based platform for health care payers, will invest $200,000 to equip its current, 18,000-square-foot headquarters in the Precedent office park.
Bill that riles solar industry passes House committee
A controversial bill to change the guidelines governing Hoosiers using alternative energy sources – including solar and wind power – passed a House Committee on Wednesday.
Purdue gets record $40M gift from Lilly Endowment
Purdue University has received the biggest cash donation in the school’s 146-year history—a $40 million gift from Lilly Endowment Inc. to fund five projects in engineering, technology and research.
Indy-area home sales perk up
Buyers signed deals for 1,702 homes in January, a 4.7-percent gain over the same month last year. Average home prices and the inventory of listed homes each inched up about 1 percent.
Local data-analysis startup plans to add nearly 50 workers
Perscio LLC announced Tuesday that it hopes to add 48 full-time employees making an average wage of $43 per hour by the end of 2019.
Couple’s estate gives $6 million to DePauw University
With the gift, commitments to the DePauw Trust, which focuses on making the university affordable for students of all income levels, have surpassed $56 million.
PROXY CORNER: The Finish Line Inc.
The Finish Line Inc., 3308 N. Mitthoeffer Road,?Indianapolis, www.finishline.com, is a specialty retailer of brand-name athletic and leisure footwear, activewear and accessories. The company operates 850 stores across the United States.
EDITORIAL: Welcome new sharing services, keep the protection
The genie of service businesses consumers can connect with on their smartphones—like ride-sharing and room-sharing—can’t be put back in the bottle. Particularly popular with millennials, such services are here to stay. Indiana would be wise to create a welcome business climate for them, while protecting the safety of local residents. Legislation wending its way through the General Assembly looks on track to maintain that balance.