More than a year after the local shutdown announcement that landed Carrier Corp. in the national news, the manufacturer has finally released an official count of the number of jobs it plans to cut.
With conditions ripe for attracting an airline offering service to a destination such as London or Paris, officials with the Indianapolis International Airport have hired the Indy Chamber to help lay the groundwork.
In two acquisitions totaling nearly $9 million, one firm plans to expand an existing business park while the other has a big logistics facility in mind.
A coalition of government, business and community groups is posing a big question: How can Indianapolis and surrounding counties best capitalize on the White River?
Eric Meek, who resigned as Celadon’s president and chief operating officer last month, is involved with plans to purchase Celadon subsidiary Prosair Technologies.
The commercial bakery, which makes frozen bread dough and cookie dough and baked flatbreads for Subway and other quick-service restaurants, started out big and says more growth is coming.
In-branch transactions are declining as customers complete more business via online and mobile banking. Still, banks say physical offices remain important for a variety of reasons.
Daily nonstop service between the two cities begins Thursday. Optimism over demand and Indianapolis’ tech sector already have persuaded Alaska Airlines to add service to San Francisco.
The company says it patented all-digital production process allows it to produce labels faster, cheaper and in smaller quantities than by the traditional screen printing method.
The Indianapolis-based refinery company’s financial results, released Thursday morning, showed marked improvement over the same period a year ago.
The troubled Indianapolis-based trucking company conducted a conference call Wednesday to answer questions about its latest accounting issues, but the call lasted 18 minutes and investors didn’t get to talk.
The Indianapolis-based trucking company is dealing with auditing issues, liquidity challenges and scrutiny from its lenders. It expects to report a $10 million quarterly loss.
The House’s $1 trillion federal spending bill, crafted over the weekend, includes $50 million for the Red Line. Project funding has been in limbo for more than a year.
The center, to be called the Old National Bank Center for Closely Held Business, will have its offices in Butler’s Andre B. Lacy School of Business, but it will work with companies around the state.
Indianapolis-based Celadon Group Inc. is banking that a new federal food safety rule will help it take a bite out of its competition—in part because smaller carriers won’t be able to afford to comply.
The Indianapolis-based manufacturer revised its full-year sales expectations after revenue rose 8 percent.
Under the terms of a newly renegotiated credit agreement, Emmis has until next summer to sell off at least $80 million in assets.
Aerospace and defense companies are working to thwart digital attacks from several sources and expect huge demand for workers in the field.
The approval clears the way for the Indianapolis-based airline to emerge from Chapter 11 as a privately held company by the end of the month.
The Fishers-based bank launched a municipal lending department last quarter, which the company said helped boost its performance.
