Indianapolis-based food distributor adds Chicago-area company to its fold
Indianapolis-based IF&P, one of the largest food distributors in the Midwest, has ambitions to grow through more acquisitions like one announced this week.
Susan Orr
Articles
Protective Insurance seeks to regain footing in tough environment
Industry-wide challenges led Carmel-based Protective Insurance Corp. to a $34.1 million annual loss last year, its biggest in decades.
IndyGo’s Purple Line, Blue Line to be delayed by year or more
The first phase of IndyGo’s bus rapid transit project, the Red Line, remains on schedule for a Sept. 1 debut.
Cummins to acquire fuel-cell maker
Columbus-based Cummins Inc. plans to acquire Toronto-based hydrogen fuel cell maker Hydrogenics Corp. for about $290 million, Cummins announced. Under the terms of the deal, Cummins is expected to pay $15 for each outstanding Hydrogenics share, except for the shares held by Hydrogenics’ largest shareholder. That shareholder, The Hydrogen Co., will maintain its ownership stake in […]
Local investment adviser loses state insurance license
The owner of Pendleton-based Steele Financial Inc., who is already in hot water with the Financial Industry Regulatory Authority and the SEC, has been stripped of her license by the Indiana Department of Insurance.
Cummins to acquire Canadian hydrogen fuel-cell maker for $290M
The move comes as Cummins, long known as a diesel engine powerhouse, expands its efforts in alternative powertrain technologies.
Utah-based Vasa Fitness coming to Indy
The chain will move into a former Kroger store on the city’s southeast side. Also this week: 16-Bit Bar + Arcade, Greenleaf Juicing Co., U-Haul and more.
Caesars set to update all Indiana facilities for sports betting
At the Winner’s Circle in downtown Indianapolis, Caesars will add extra bar seating and televisions. It also is adding an activity area with cornhole boards and shuffleboard to create more of a sports-bar-like atmosphere.
Local investment adviser facing lawsuit over soured business deal
In the lawsuit, a Pendleton financial adviser says he purchased client accounts from a fellow adviser who then defamed him and persuaded some of those clients to move their money elsewhere.
Cunningham Restaurant Group multitasks with latest venture
Croute Baking Co. in downtown Indianapolis won’t be a restaurant, but a multipurpose facility that includes a bakery, developmental kitchen and a small retail operation with a limited grab-and-go food menu.
Cabaret-style theater in Greenwood moving to new digs
Also in this week's roundup: The latest on Yo Mama Roux, Goldfish Swim School, Zips Dry Cleaners and Yujo.
Restaurateur Scott Wise gets back to his roots in new venture
The restaurant, Roots Burger Bar, is set to open next week in Muncie, at the site of the original Scotty’s Brewhouse that Wise opened in 1996.
Indianapolis-area Kroger employees approve new labor agreement
The agreement covers more than 9,000 members of the United Food and Commercial Workers Union who work at 71 Indianapolis-area Kroger stores.
Q&A with Ethan Hochstein: Cultural Trail horticulture manager
The 8-mile downtown trail features five acres of plantings and 25,000 square feet of bioswales, which are meant to filter pollution from water.
Growing Mooresville company helps create memorable experiences
Established in 1997, Creative Works designs, makes and installs set pieces and props for a host of entertainment venues, including escape rooms, virtual reality and esports venues and indoor miniature golf courses.
GM exec: Companies should know when, why to adopt new technology
Investing in the latest tech fad can lead to waste if companies don't have a plan and prepared workforce, the executive said Friday at a Conexus Indiana and IBJ event focusing on advanced manufacturing.
Engineering firm HNTB to open Noblesville office, boost local workforce
Engineering and design firm HNTB Corp. says it plans to add about 100 employees in the Indianapolis area over the next several years, and it needs the new office to accommodate some of it growth.
IndyGo faces challenges as early adopter of electric fleet
The transit system has hit some speed bumps as it works to implement a new model of electric bus that will be its fleet for the Red Line, the rapid-transit route that begins service Labor Day weekend.
Microbrewery opens at site steeped in racing history
Guggman Haus Brewing’s near-west-side tasting room is reviving a pair of historic buildings with ties to one of the Indianapolis Motor Speedway’s most iconic drivers.
South-side bicycle shop set to close after nearly a century
Circle City Bicycles, founded in 1922, started its going-out-of-business sale on Monday and expects to close its doors in August.