FedEx Ground eyeing Zionsville for distribution center
FedEx would bring a distribution complex to Zionsville under a tax increment financing deal hammered out with town redevelopment commission members on Wednesday.
IBJ Staff
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Lock-up expiration looming for ExactTarget
Shares of Angie's List and Facebook were battered earlier this month immediately after the expiration of their lock-up agreements. That’s something tech firm ExactTarget would like to avoid on Sept. 17, when its lock-up agreement expires.
TIF district expansion proposal gets committee OK
A proposal that would expand a downtown tax-increment financing district to the northeast and northwest was approved Monday by the City-County Council's Metropolitan and Economic Development Committee.
Records for 55,000 patients stolen from oncology group
The Cancer Care Group in Indianapolis said a laptop computer bag containing private information on as many as 55,000 patients has been stolen.
Fortune Industries founder, chairman dies
Carter M. Fortune, 70, died Saturday at his home in Destin, Fla., the company said. The Fortune Industries chairman had been in the process of selling the public company to management in a deal valued at $30.5 million.
Utilities to get bill for damaged grid-control room
A Carmel not-for-profit that monitors the electric grid in 11 states and part of Canada plans to pass on to its member utilities and transmission-line operators $5.4 million in costs resulting from damage to its local data center last September.
North-side office building falls into foreclosure
A nearly 100,000-square-foot office building on East 46th Street in Indianapolis is in foreclosure after lenders found the owner in default on a $4.5 million loan. A hearing to appoint a receiver to manage the property has been set for Sept. 5.
NFP of NOTE: Joy’s House
Joy’s House is committed to supporting families by providing exceptional adult day services.
Ratio Architects pursues design work in China
Indianapolis-based Ratio Architects Inc. has signed an agreement with Zhejiang University Design Institute in Hangzhou, China, in an attempt to pursue design work in the country.
EDITORIAL: Arts groups deserve support
New research from national advocacy group Americans for the Arts aims to prove that local arts organizations enrich us all, literally as well as figuratively.
Mayor signs off on domestic-partner ordinance
The ordinance covering city employees offers insurance coverage to both same-sex and heterosexual unmarried couples. The mayor also signed the “Complete Streets” proposal.
Emmis completes sale of L.A. station for $85M
Mexico City-based Grupo Radio Centro bought Spanish station KXOS-FM 93.9 after leasing it from Emmis Communications Corp. for three years.
Packaging manufacturer plans to expand, add 32 jobs
Cicero, Ill.-based Royal Box Group LLC said it plans to add 32 employees by 2017 and spend $3.8 million to build and equip a new plant in Greenfield.
Emmis buying two radio stations in Terre Haute
The Indianapolis-based company said Wednesday that it has agreed to purchase WSDM-FM 92.7 and WSDX-AM 1300 from Crossroads Investments LLC for an undisclosed amount. The acquisition is expected to close within 45 to 60 days.
Web services firm plans downtown office, 300 jobs
San Francisco-based cloud-computing service provider Appirio Inc. said it will spend $2 million to open an office in downtown Indianapolis’ Pan Am building, where it will employ 300 by 2015.
Six from Indiana make top 500 on Inc.‘s fastest-growing list
A half-dozen Indiana companies were ranked in the top 500 in Inc.'s annual list of the the nation's fastest-growing private companies, but only two are from Indianapolis.
Wynkoop snags first place in solo agent category
Scott Wynkoop took first place in the solo category of IBJ’s annual list of All-Star Agents for the second straight year.
Bell Techlogix plans local expansion, 204 jobs
The provider of information technology services said it will lease, equip and renovate part of a 100,000-square-foot facility on the city’s northwest side as part of the $1.4 million expansion. Bell has about 450 employees in the metropolitan area.