Elanco says it’s buying Bayer division for $7.6 billion
The purchase would swell Elanco from the world’s fourth-largest animal health player to the second-largest, behind only New Jersey-based Zoetis.
IBJ Staff
Articles
Central Indiana home builders snap 7-month slump with big July
It was the most-active July for single-family construction permit filings since 2006, when 746 permits were filed during the month.
Global gas manufacturer seeks $2M tax break on $38.3M project
An affiliate of Germany-based Messer Group wants to build a new facility on the south side of Indianapolis for making atmospheric gases for health care providers, food processors, and glass and metal fabricators.
Caito Foods to close Fresh Kitchen operations, eliminate 53 workers
Produce company Caito Foods LLC is set to shut down its Fresh Kitchen operations in Indianapolis, less than three years after opening the $32 million facility.
Indiana State Fair wraps up with slight increase in attendance
Storms and severe weather warnings held back crowds at the Indiana State Fair on closing weekend.
Local environmental not-for-profit names new leader
Jeremy Kranowitz, most recently the managing director for sustainability for a New York City-based group, will take the top spot at Keep Indianapolis Beautiful.
Mind Trust lands $4.6M grant from Walton Family Foundation
The Walton Family Foundation was created by Walmart founder Sam Walton and his wife, Helen. The group awarded more than $595 million in education-related grants in 2018 alone.
Area existing-home sales break out of seven-month slump
The median sales price for an existing single-family home in the Indianapolis area increased 10.1%, to $200,295, marking the third straight monthly record.
Indiana’s unemployment rate dips in July
At 3.4%, Indiana’s rate remained lower than those of all neighboring states and the country as a whole.
Plus-sized retailer with two local stores going out of business
Women’s retailer Avenue Stores LLC is closing all 222 of its locations in 33 states, the company announced this week.
Fast-growing logistics firm planning to hire 35 in Indianapolis
The fastest-growing company in the Indianapolis area is making plans for more growth throughout the state.
Fishers woman to spend years in prison for fraud, identity theft
A 25-year-old Fishers woman has been sentenced to nearly five years in federal prison after she pleaded guilty to identity theft and defrauding banks of more than $115,000.
Merger brings together two Indianapolis-area elder law firms
Carol Applegate and Lisa Dillman have joined their firms to form Applegate and Dillman Elder Law, they announced Tuesday.
Two Carmel law firms join forces
Hollingsworth & Zivitz has merged with Roberts Means LLC to form Hollingsworth Roberts Means, the new firm announced Tuesday.
Holcomb folding agency for growing defense sector under IEDC’s wing
The governor also has named a 41-year military veteran as the new point person for the Indiana Office of Defense Development as it becomes a business unit of the Indiana Economic Development Corp.
Fishers deputy mayor McGrath rules out run for U.S. Congress
Leah McGrath, a Republican, had been considered a possible candidate in Indiana’s 5th District, which is being vacated by Rep. Susan Brooks. Brooks has represented the district since 2013.
Editorial: Indy Parks is smart to review value of city-owned golf courses
Finding better uses for a few of the city’s underperforming courses can create new opportunities for recreation and nature preservation. But final decisions about whether to repurpose courses and how to use the space must be done thoughtfully—and with plenty of input from Indianapolis residents.
Former Indiana Pacers player joins First Merchants board
Clark Kellogg, a first-round draft pick for the Indiana Pacers in 1982 and current lead basketball analyst for CBS Sports, has been a member of the bank’s advisory board since 2001.
Bottleworks adds two more tenants to Garage Food Hall lineup
Vendors who sell seafood and distilled spirits have signed leases in the food hall portion of the $300 million Bottleworks development at 850 Massachusetts Avenue.
Hardware store owner says relocation of store far from certain
Fusek’s True Value Hardware has been located in the Lockerbie Marketplace development since June 2004.