Manufacturer plans distribution center in Plainfield
Wisconsin-based Regal Beloit Corp. has hired Browning/Duke Realty to build a 376,000-square-foot distribution center in Plainfield, the company announced Tuesday.
IBJ Staff
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Finish Line to sell Special Olympics merchandise
The agreement to sell the organization’s items online and in stores is part of a multiyear partnership in which Indianapolis-based Finish Line has agreed to lend support to Special Olympics.
City-County Council OKs new smoking-ban proposal
The City-County Council voted 20-9 Monday night to approve another proposal that would strengthen Indianapolis' public smoking ban.
Indiana Live to be renamed Indiana Grand Casino
The move is the latest fallout from the racino's legal tangle with Maryland-based Cordish Cos., which managed the venue from its opening in 2008 until 2010.
Lakes of Carmel apartment complex sold
The 324-unit Lakes of Carmel apartment complex has been sold, a real estate broker involved in the sale announced Friday. Terms of the sale were not announced, but the property was previously sold in 2006 for $21.8 million.
Area homes sales rise for 11th straight month
Purchase agreements in the nine-county area increased 4.9 percent over March 2011. Existing home sales were up 13.3 percent in the first quarter of 2012 and have recorded year-over-year improvements for 11 straight months.
Mansfield-King lands state incentives for expansion plan
The Indianapolis-based manufacturer and distributor of personal care products plans to add the 144 jobs by 2016 as part of a $3.4 million expansion.
Angie’s List COO joining One Click Ventures
Scott Brenton, the departing chief operating officer of Indianapolis-based Angie’s List Inc., is joining One Click Ventures LLC in Greenwood.
PROXY CORNER: Kite Realty Group Trust
Indianapolis-based Kite Realty Group Trust is a real estate investment trust, engages in the development, construction, acquisition, ownership and operation of shopping centers in the United States.
Rolls Royce locks in work on key military program
The British engine maker received a $151 million contract to continue making engines for the V-22 Osprey.
North-side neighborhood groups pursuing Fall Creek revitalization
Destination Fall Creek calls for restoring the waterway’s recreational value and redeveloping 60 acres of adjacent property.
EDITORIAL: Silver linings to April’s slow start
The Indianapolis jobs picture is brighter than previous reports indicated. Revised data provided by the federal Bureau of Labor Statistics last month revealed the metro area had about 15,000 more jobs than previously reported and ended the year on a roll.
Area home-building activity up in first quarter
New-home permits in the Indianapolis metropolitan area rose 13 percent in the first three months of 2012 compared with the same quarter last year, bolstered by stronger activity in February and March.
First-quarter commercial real estate stats for Indianapolis
IBJ's Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates and the local industrial market.
SMC plans $19M Noblesville expansion, 163 jobs
SMC Corp. of America plans to spend $19 million to expand its North American headquarters in Noblesville, making room for an additional 163 employees by 2017, the company announced Tuesday.
Cook Group acquires local biotech company
Bloomington-based medical device maker Cook Group has acquired General BioTechnology LLC, an Indianapolis biotech company with about 20 employees, Cook Group announced Monday.
EDITORIAL: Not everyone is college material
No one benefits when unprepared or disinterested students are herded into colleges.