Indianapolis Airport Authority selling 18-acre tract in Greenfield
Business is booming at Greenfield manufacturer ATMI Indy LLC, which is acquiring the property to accommodate the company’s growth.
Susan Orr
Articles
Libraries can’t keep up with e-book demand as they clash with publishers
New York-based Macmillan Publishers on Nov. 1 began limiting libraries to one license of each new e-book title for the first two months after publication. That’s created even longer waiting lists of e-books at public libraries.
Fifth generation takes helm at Gregory & Appel
When Andrew Appel becomes CEO at Indianapolis-based Gregory & Appel Inc. Jan. 1, he’ll be carrying on a long-standing family tradition.
Books & Brews to close Broad Ripple location
In addition to the Broad Ripple location, the Indianapolis-based Books & Brews chain has nine other locations in Indiana and Ohio.
ROUNDUP: CVS to close two Indianapolis stores
Its downtown and midtown stores are among 22 underperforming locations closing nationwide. Also this week: Vasa Fitness, CityWay Animal Clinics, Seraphim Asian Grill, new Bottleworks eateries, Kroger and more.
Fountain Square dance club, music venue closes
The establishment’s owner is already looking for a new occupant for the space, located in the heart of Fountain Square.
UPDATE: Celadon ceasing operations, eliminating nearly 4,000 jobs
CEO Paul Svindland said challenges in the trucking industry, along with fallout from what prosecutors allege was a massive accounting fraud engineered by prior management, proved impossible to overcome.
Trucking giant Celadon preparing to file bankruptcy
The Indianapolis-based company lost its way after founder Stephen Russell gave up the CEO’s role in 2012, and three of its former executives now are facing fraud charges.
UPDATE: Former Celadon COO, CFO indicted on multiple fraud charges
In addition to numerous criminal charges, the former chief operating officer and chief financial officer of Indianapolis-based Celadon Group are facing a civil suit filed Thursday by the U.S. Securities and Exchange Commission.
Connecticut-based fun center operator eyeing Indy market
It’s part of a multi-state expansion that comes just more than a year after the original Thrillz opened. Also this week, the reopening of Cinemark 8, Kilroy’s Bar and Grill and The Boiling.
ClusterTruck, Kroger to test drive food-delivery partnership
Indianapolis food-delivery company ClusterTruck is partnering with Cincinnati-based Kroger for a pilot program that will give the grocery giant an entry into the fast-growing meal delivery market, the companies announced Monday.
CSO Architects helps drive push for Desert Storm memorial in D.C.
Plans are underway to build a national Desert Storm and Desert Shield Memorial near the Lincoln Memorial in Washington, D.C.—and the effort has Hoosier fingerprints all over it.
Calumet fined $250,000 for financial reporting inaccuracies
The fine settles U.S. Securities and Exchange Commission charges that the Indianapolis-based fuel-products refiner issued inaccurate information about its 2017 financial performance.
Chefs express surprise after ouster from Milktooth
Head chef Josh Klein and pastry chef Zoe Taylor are no longer working at Milktooth, the celebrated Fletcher Place restaurant owned by Jonathan Brooks.
Federal judge rules in Indy financial adviser’s favor in exit from firm
The ruling in U.S. District Court in Indianapolis could make it easier for brokers who switch firms to notify clients about the change without fear of legal action.
Cummins to cut 2,000 salaried positions in cost-cutting measure
Cummins said the layoffs are part of a wider effort to trim up to $300 million in costs in response to a slowdown in sales demand.
Butler University sees success with student-run insurance company
The company the school launched in 2017 insures a range of campus activities and assets, from its fine art collection and pianos to its living bulldog mascot.
Toolmaker to downsize Greenfield facility, terminate 139 employees
Connecticut-based Stanley Black & Decker said last month that it was planning to cut $200 million in annual costs “from headcount actions across the company as well as executing some footprint rationalization opportunities.”
Fast-casual Indian chain to enter Indy market
The California-based company’s local franchisee is shopping for sites downtown and across central Indiana. Also this week: Best Friends Pet Hotel, Mission 27 Resale, Rize and Dr. Tavel.
Owner seeking buyer for Lafayette Square Mall
Lafayette Square Mall is up for sale. And whether the Indianapolis-area’s third largest shopping center remains a retail property or is redeveloped into something else will be determined by the buyer.