Indianapolis-based myCOI lands $5M in debt financing to fuel growth
Established in 2009, myCOI uses proprietary software and human expertise to help clients assure that they and their business partners have the proper insurance coverage.
Susan Orr
Articles
Indiana Repertory Theatre to require COVID-19 vaccinations or testing for patrons
The IRT, which had previously decided to make masks mandatory for all patrons this season, said it’s decided to strengthen its COVID-19 protocols in light of the increase in cases.
New restaurant in works at former Scotty’s site in Southport
The owner of several local Indian and Pakistani restaurants plans to open Royal Indian Restaurant and Banquet Hall at the site.
Technology, politics lead banks to rethink overdraft fees
The amount of money banks earn from overdraft fees has dropped significantly since 2019—and observers say that revenue might never rebound to pre-pandemic levels.
Indy area’s second X-Golf center opening this fall
The Carmel-based franchisee for the line of sprawling indoor golf and entertainment centers says he’s already looking ahead to additional stores, maybe one in downtown Indianapolis.
Former Colts player, Stacked Pickle owner Gary Brackett files for bankruptcy
Brackett, who played for the Indianapolis Colts from 2003 to 2011, got into the restaurant business after retiring from the NFL. He closed his Stacked Pickle sports-bar chain in May 2020 because of the pandemic.
Concert, event organizers tighten entry rules as COVID cases increase
Local arts organizations and event promoters are using strategies such as vaccination requirements, mask mandates and capacity restrictions to help preserve their ability to hold in-person events.
Indianapolis Symphony Orchestra to require COVID-19 vaccinations for concert audiences
The rule, which takes effect immediately, gives patrons the interim option of showing a recent negative COVID-19 test. But effective Nov. 1, all guests age 12 and older must be fully vaccinated in order to attend a performance.
Smokey Bones chain returning to Avon after 15-year hiatus, but with ghost-kitchen twist
When it reopens in Avon, the barbecue hotspot will serve its own customers while accommodating two virtual takeout-and-delivery-only concepts—The Wing Experience and The Burger Experience.
Big Car behind on Garfield Park revitalization, but confident it will finish
The centerpiece of the project—transforming a 40,000-square-foot former factory into an arts and cultural space—has not begun, but home renovations and greenspace development are underway.
Asian fusion restaurant Oishii to fill vacant Mass Ave spot
The restaurant’s co-owner, Kanlaya Browning, co-owns 10 Thai restaurants, nine of which are in the Indianapolis area. Oishii will offer a fusion cuisine of both sushi and ramen.
Fast-casual Pickleman’s sandwich chain to enter market with Noblesville store
This will be the first Indiana location for Pickleman’s, a Missouri-based chain with 24 locations. The local franchisees plan to open a total of four Indianapolis-area stores over the next four years.
Indianapolis-based Calumet to invest $2.7M in recently-acquired wax maker
Calumet, which acquired Muncie-based Paralogics LLC in March 2020, now says it plans to expand the facility and hire up to 20 more employees there by 2025.
State inspectors find no violations at St. Elmo related to employee’s COVID-19 death
The Indiana Occupational Health and Safety Administration, which launched an investigation at St. Elmo after an employee’s COVID-19 death, says it did not discover any violations and has closed the investigation.
Hardesty helped pave way for new market, bistro by Monon Trail
Breadworks, a Greencastle-based bakery and restaurant, is opening an outpost this fall at the former home of Locally Grown Gardens on 54th Street, thanks in large part to a strong connection with late Indianapolis chef Greg Hardesty.
Local businesses lean on subscriptions to build revenue, customer connections
The idea of having customers periodically pay in advance for products or services is nothing new. But within the past year, at least five Indianapolis-based food and beverage retailers have launched subscription services.
Rise’n Roll bakery to open downtown store next week
This will be Rise’n Roll’s fifth Indianapolis-area location, in addition to stores in Broad Ripple, Fishers, Greenwood and Avon.
Rolls-Royce celebrates completion of $600M in upgrades to local manufacturing campus
The $600 million project, announced in 2015, included upgrades to the facilities, machinery and manufacturing processes at Rolls-Royce’s Indianapolis operations. A pandemic-delayed celebration of the project is scheduled to take place Wednesday afternoon.
Supply-chain squeeze contributes to 2Q loss for Calumet Specialty
The Indianapolis-based manufacturer posted a $78.4 million loss in the second quarter.
Pyramid Place shopping center changes hands for $10.6M
Chicago-based Cloverleaf Group now owns three retail plazas in the Indianapolis area. Pyramid Place boasts a high density of nearby homes, offices, industrial sites, health-care facilities and highway traffic.