D.C.-area tech and marketing firm plans to open Indy office, hire up to 100 this year
U.Group formed last year through the merger of a firm specializing in government IT and another focused on digital marketing.
IBJ Staff
Articles
IU business school lands $16M gift from late alum’s foundation
The donation came from the family foundation of Brian Jellison, an Indiana University native who went on to become one of the country’s highest-paid CEOs.
Goodwill lands building donation for east-side Excel Center
Longtime commercial real estate executive Gene Zink has donated a 20,298-square-foot building at 3919 Meadows Drive to Goodwill. The Excel Center program has been leasing the 59-year-old former Bible college building near Rural and 38th streets since July 2011.
WNDY-TV to broadcast 70 Indianapolis Indians games over next two seasons
Circle City Broadcasting, the owner of WISH-TV Channel 8 and WNDY-TV Channel 23, has signed a two-year contract to air Indianapolis Indians home baseball games over the next two years.
Central Indiana existing-home sales finish 2019 with surge
Sales of existing single-family homes rose in three of the last four months of 2019 in central Indiana, capping off a sluggish year for transactions amid rising prices and low inventories.
Feds say local gaming company conspired with GOP strategist to make illegal contributions
A Republican strategist who pleaded guilty to conspiracy Thursday said in court that at least eight people were used as conduits for illegal corporate donations from an Indianapolis gaming company to former Indiana Sen. Brent Waltz when he ran for U.S. Congress in 2016.
Merchants Bancorp shuffles executive team, names new bank CEO
Carmel-based Merchants Bancorp announced several promotions Thursday that change top leadership at two of its subsidiaries, including Merchants Bank.
Kroger looks within for new president of local division
The Kroger Co. on Tuesday announced it has promoted Colleen Juergensen to take over as president of the chain’s Central division, replacing the retiring Pam Matthews.
Greeting card chain with local store going out of business
Retail chain Papyrus is closing all 254 stores in the United States and Canada, the parent company’s chief executive said Tuesday.
Acquisition merges two Indianapolis-based landscaping companies
The owners of landscaping firm Heath Outdoor LLC have acquired True North Landscaping LLC, creating an Indianapolis-based company that is expected to have 60 employees and bring in $5 million in revenue this year.
Watermark raises $105M for high-end apartment projects
Since 2010, the Indianapolis-based multifamily developer has constructed more than 40 projects consisting of more than 11,000 multifamily apartment units across 11 states.
Toyota spends extra $700M, plans another 150 jobs to cap Indiana plant project
In total, the previously announced plant transformation represents an investment of $1.3 billion and will create 550 jobs, the company said Friday. Toyota overhauled the plant so it could begin producing the 2020 Highlander.
Indianapolis-area homebuilders end 2019 with second-half surge
A big December was not quite enough to make last year’s construction pace exceed 2018’s. It was the first year since 2011 that fewer single-family building permits were filed in the area than in the previous year.
Hinchcliffe lands sponsorship with Genesys for May races
Popular auto racer James Hinchcliffe, who was abruptly ousted from his IndyCar team in October, has secured a corporate sponsorship that will allow him to drive in two races in May, including the Indy 500.
Primanti Bros. down to one local restaurant after two more closures
Primanti Bros., a Pittsburgh-based restaurant chain that entered the Indianapolis market less than four years ago, has closed its locations in Greenwood and Avon.
American Airlines adds daily nonstops from Indianapolis to Boston
The flights are set to depart Indianapolis twice daily Sunday though Friday and once on Saturdays starting May 7. Tickets will begin going on sale this weekend.
IBJ Podcast: Deciphering 5G and the new Indiana 5G Zone
Host Mason King talks with Bill Soards, president of AT&T Indiana, and Sean Hendrix, who is the director of emerging technologies and partnerships for Purdue Research Foundation, about why 5G matters and how it could be used in the manufacturing, agricultural and other sectors.
Landmark local soul food restaurant damaged by fire
The Indianapolis Fire Department is investigating a two-alarm fire early Saturday morning on downtown’s near-north side at Kountry Kitchen Soul Food Place.
State Sen. Spartz considering run for Congress
Indiana State Sen. Victoria Spartz, R-Noblesville, announced Wednesday that she was suspending her race for another Senate term to explore a run for Congress in the 5th District, where a crowded field is hoping to replace Rep. Susan Brooks.
Parking market leader Denison acquires top competitor
Indianapolis-based market leader Denison Parking Inc. on Monday said it acquired EZ Park of Indianapolis Inc., the second largest parking operator in central Indiana.