Citizens Energy plans $20M Fishers reservoir
The utility already has begun work on the project in an 88-acre former limestone quarry, which could provide another 25 million gallons of water per day when the reservoir opens in 2020.
Mason King
Articles
New country station rambling toward Indy airwaves
National broadcaster iHeartMedia Inc. plans to saddle up for a shootout with local cowboy crooners WFMS-FM 95.5 and WLHK-FM “Hank” 97.1. It’s buying the local Radio Disney station at 98.3 FM.
Pace-setting firms share advice on diving into change, accelerating innovation
IBJ picked the brains of Indianapolis-area firms and organizations known for liquid thinking to discover how they open the spigot on innovation.
Kroger’s $464M plan for Indy includes new stores, 3,440 jobs
The Cincinnati-based grocer on Wednesday revealed further details of a four-year strategy to solidify its place in the Indianapolis-area market, including new, expanded and remodeled stores.
Tech firm founded by Purdue grads to grow in Indy
Dattus Inc., an early-stage company with roots in the Purdue Foundry entrepreneurship hub, has moved to offices in Indianapolis and plans to create 37 jobs by 2020.
Muncie firm to hire 300-plus for new HQ by 2024
A-Son’s Construction Inc. plans to consolidate its operations into an existing structure whose location is under wraps for now.
Furor over RFRA taking bite out of Kiwanis’ Indy convention
Officials for the Indy-based, international service group are lowering attendance projections from 10,000 to 7,000, as registrations lag and members criticize the religious freedom law. Some are calling for the group to move its headquarters.
Global firm to cut 320 jobs in Bloomington
The Bloomington layoffs from a television repair subsidiary would be ModusLink’s second major reduction in operations in Indiana in six months.
Pork purveyor to build $43.5M facility, hire 260
John Morrell Food Group, one of the oldest meat manufacturing firms in the nation, plans to build and equip a massive refrigerated distribution center just east of Indianapolis.
Global glassmaker to invest $71M in Randolph County plant
Ardaugh Group plans to retain its 400 workers at the Winchester plant as it invests in a major upgrade.
Two Italian firms to start operations in Indy area
Sirmax and OMR Automotive, both suppliers to the automotive industry, plan to build plants in Speedway and Anderson and together could create up to 110 jobs over the next several years.
Food fundraising firm to lay off 40 from Indianapolis operations
Market Day LLC, which was acquired in 2013 by a food-service distributor, is going through a reorganization of its sales structure and operations.
Canadian firm buys Ingram Micro properties for $68.7M
Granite Real Estate Investment Trust has entered Plainfield’s robust logistics and distribution market with a deal to buy two mammoth facilities and a prime plot of land.
Private hiring in state boomed by 15,800 jobs in November
In December, Indiana saw its biggest monthly increase in private sector jobs in 15 years, as the national economy boosted hiring across the country.
Sixteen firms promise Indiana expansions, 2,100-plus jobs
Nine of the 16 firms who announced their plans with state officials Thursday expect to boost operations and employment in the Indianapolis area, forecasting 933 jobs.
Cummins would save $4.3M with distribution HQ tax break
Approval of the deal is essentially guaranteed, as Cummins and Indianapolis officials together have heralded the downtown project and its potential economic benefit.
Fishers fraudster receives 2-year prison sentence
Hrond Arman Gasparian, 69, was convicted of 10 counts of wire fraud in schemes that included stealing $400,000 from an Indianapolis church.
Growth-minded Vertellus buys Dow Chemical unit
Indianapolis-based chemical producer Vertellus Specialties Inc. has announced its second big acquisition in as many months, in a deal believed to be worth as much as $200 million.
Cummins debuts design for 10-story downtown tower
Officials for the Columbus-based engine maker are planning a $30 million development, including 164,000 square feet of office space, a conference center, parking garage and lots of public greenspace.
Order-fulfillment firm sells for $55M in cash
A publicly traded e-commerce firm has acquired Indianapolis-based Fifth Gear, a company with more than 500 employees that specializes in fulfilling consumer orders through catalogs and digital retail.