![](https://www.ibj.com/wp-content/uploads/2019/08/Rop_Socks_080919-450bp-300x200.jpg)
Martinsville sock-maker FBF Originals ready to run
The Morgan County town’s best-kept entrepreneurial secret might not be a secret much longer, thanks to private equity ownership, an expanded management team, and ambitious plans to double revenue.
The Morgan County town’s best-kept entrepreneurial secret might not be a secret much longer, thanks to private equity ownership, an expanded management team, and ambitious plans to double revenue.
The hedge fund manager, who gained control of the Indianapolis-based chain a decade ago, is facing challenges on many fronts—from declining customer traffic to a looming loan maturity.
That’s a steeper increase than any other electrical utility in the state except Indiana Michigan Power and Auburn Municipal, according to the Indiana Utility Regulatory Commission.
On Aug. 5, GateHouse—a New York-based chain backed by an investment firm—announced a deal to buy Gannett for $1.4 billion.
Jack Phillips, who has led Roche Diagnostics’ North American operations in Indianapolis since 2010, will become chief operating officer of Accelerate Diagnostics in Tucson.
The breakup of the residential broker and homebuilder—who have worked together since 2010 and had several more projects in the pipeline—occurred in June.
An agreement would ease investor pressure over massive litigation exposure the German drug and chemical giant took on with its $63 billion purchase of the weedkiller’s maker, Monsanto Co.
U.S. wholesale prices ticked up just 0.2% in July, the latest sign that inflationary pressures are largely in check.
INDOT said all lanes of I-465 will be closed from I-65 on the south side to I-70 on the east side starting at 9 p.m. Friday.
The England-based company plans to return to full-time IndyCar competition next season for the first time since 1979 in a partnership with existing team Arrow Schmidt Peterson Motorsports.
A small team of researchers at Indiana University, in collaboration with LinkedIn, has created the first-ever global map of labor flow—how people move between jobs and industries in geographic regions. IU researchers said their findings provide useful insights into the growth and movement of the economy.
President Trump said that the Fed’s high level of interest rates in comparison to other countries was keeping the dollar too strong and making it more difficult for U.S. manufacturers to compete.
Li Li Leung said she has spoken with more than 400 members of the gymnastics community—including Larry Nassar victims—in an attempt to create an open dialogue about what USA Gymnastics needs to become if it wants to survive.
After years of being managed from afar by the charter network that started it, the local board that oversees Victory College Prep is betting that it can operate independently.
Clark Kellogg, a first-round draft pick for the Indiana Pacers in 1982 and current lead basketball analyst for CBS Sports, has been a member of the bank’s advisory board since 2001.
Vendors who sell seafood and distilled spirits have signed leases in the food hall portion of the $300 million Bottleworks development at 850 Massachusetts Avenue.
Upstairs from Wei Ramen, and under the same ownership, Indy Cyber Cafe plans to offer coffee, desserts and a pay-for-use business center.
Shares of ANGI Homeservices Inc., the parent of Indianapolis-based Angie’s List, fell as much as 30 percent Thursday after the company’s quarterly results missed Wall Street expectations.
Education and child-development experts in a panel discussion Thursday morning praised steps the state has taken to improve access to early education programs. But they also stressed that a healthy living environment was vital to learning and, eventually, developing the state’s future workforce.
Spectacle Entertainment CEO and Chairman Rod Ratcliff flew Gov. Eric Holcomb and his wife to two Republican Governors Association meetings in 2018—one in July in Aspen, Colorado and one in November in Scottsdale, Arizona.