Fountain Square Brewing acquires New Day Craft in move to diversify
The deal, which closed this week, gives Fountain Square Brewing access to New Day’s lines of mead and hard cider as it tries to widen its distribution footprint.
Susan Orr
Articles
Electric bus maker BYD to pay for in-route Red Line charging stations
BYD will install and pay for three charging stations to compensate for the shorter-than-expected range IndyGo discovered during cold-weather testing of its new Red Line buses.
One year in, nonstop Indy-Paris route flying high
Indianapolis International Airport officials say they’re encouraged by strong passenger bookings during the first year of Delta Air Lines Inc.’s nonstop service to Paris.
Two Chicks Whisky Business opens Plainfield bakery
The shop is a made-from-scratch effort that started in a food truck. Also this week: 3 Brothers Pub & Grub, Macy’s Backstage and Stein Mart becomes Amazon Hub.
Former ice-cream factory gets extensive renovations
The Irvington landmark has reopened as a multi-tenant space. Also this week: 10th Street Diner, Turn 3 Chicken & Waffles, Jailbird, Tiny House Treats, DeBella’s Subs and more.
Taziki’s restaurant chain opens 82nd Street spot, plans more Indy eateries
Alabama-based Taziki’s Cafe is the third operator of Mediterranean restaurants to begin scouting locations for Indianapolis-area eateries in recent months.
Diamond Chain to retain its name following $84M acquisition
Ohio-based Timken purchased Diamond Chain last month. The Indianapolis-based company makes high-performance roller chains for equipment used in a variety of industries.
Middle Eastern restaurant chain planning multiple Indy-area locations
Chicago-based Naf Naf Middle Eastern Grill was established in 2009 and has 37 locations in multiple states. Indianapolis-based franchisee 316 Investments plans to open 10 locations around Indiana.
Once-dilapidated far-east-side shopping center to become home for retail startups
Following a multimillion-dollar renovation, a far-east-side building that was on track for demolition is set to emerge as a retail-startup hub that supporters say could revitalize a neglected part of town.
CNO Financial acquires Florida benefits company for $66 million
The Orlando-based benefits provider, Web Benefits Design, will continue to operate under its existing name.
Pacers Bikeshare program revamps pricing model
The new pay-as-you-go pricing puts Pacers Bikeshare more in line with the pricing model used by scooter companies Bird and Lyft, which have eaten into the program’s business.
Celadon Group makes fourth divestiture in past month
The Indianapolis-based trucking company announced Friday that it has sold its intermodal operations to Winnipeg, Manitoba-based Bison Transport.
Family-owned Georgetown Market completes nearly $300K in upgrades
The store in the International Marketplace district improved its deli and produce departments with the help of a loan program that provides low-cost financing for projects that increase community access to healthy foods.
British retail giant that bought Finish Line is taking slow approach to U.S. market
England-based JD Sports Fashion Plc entered the U.S. market in June with its $558 million acquisition of Indianapolis-based Finish Line and says it likes what it sees so far.
Penrose on Mass lines up new tenants
The businesses will join five other retailers that recently opened on the ground floor of the new Massachusetts Avenue apartment building.
California-based burger chain coming to Indy with multiple locations
Fast-food chain Burgerim says it has six franchisees who plan to open restaurants around the state, with sites already secured in Indianapolis, Carmel and Greenwood.
Black Dog Brewing Co. to open in Mooresville
Black Dog will be the first craft brewery in the Morgan County town. Also this week: Ellison Brewery, The Dugout and Ale Emporium.
Grocery newcomer says market ripe for growth
Needler’s Fresh Market, which entered the Indianapolis market in 2017, says it’s so bullish on its local prospects that it’s already looking to expand here.
Broad Ripple’s Vogue nightclub acquired by trio of tech executives
Broad Ripple’s historic nightclub has its first new ownership since 1986. The new owners plan to maintain the Vogue as a live-music venue while expanding into other types of programming.
Caito Foods faces lawsuit linked to recalled melons
A Louisville woman alleges she became ill with salmonella after eating pre-cut melon produced by Indianapolis-based Caito. The firm issued a voluntary recall last week. Kroger is a co-defendant in the case.