Copeland to close Greenfield distribution center
Copeland Corp. said the move will result in the termination of 75 workers in mid-January.
Business Closures
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Triton Brewing Co. to close after 13 years at Fort Ben
Triton Brewing Co., known for its Rail Splitter IPA, was an early participant in the rise of Indianapolis craft beer makers.
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It’s ‘game over’ for Tilt Studio arcade at Circle Centre Mall
Closure of Tilt Studio arcade follows exit of Regal UA Circle Centre movie theater on the fourth floor of Circle Centre Mall.
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Indianapolis City Market’s multiyear closure to begin after Friday
Construction on the landmark could last up to two years, according to the city. It’s part of a $200 million redevelopment of the entire block, after which the City Market itself will reopen under a private operator.
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Indianapolis coding school Kenzie Academy to close
Kenzie Academy, launched in 2017, stopped enrolling new students on Tuesday and has eliminated the jobs of more than 100 employees.
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Articles
Daimler Truck subsidiary to close Plainfield remanufacturing plant
Detroit Diesel Remanufacturing LLC said the closure will affect a total of 80 workers, the first of which are expected to be laid off next month.
Indianapolis-based tech startup Holder ceases operations
Holder, a blockchain-focused marketing tech firm, launched out of Indianapolis venture studio High Alpha in 2022. Its CEO told IBJ the company was too early to market in an emerging industry.
Pitney Bowes closing Greenwood facility, eliminating 100 jobs
The closure comes about six months after Pitney Bowes announced it was eliminating 311 jobs as part of a decision to do away with parcel delivery and returns operations at the facility.
Westfield’s Rail Cafe & Market, Cone + Crumb to close this month
Melanie and Toby Miles opened Rail Epicurean Market in 2014, closed it in 2020 due to the pandemic and reopened it as Rail Cafe + Market in 2022.
Walgreens closes medical clinics in Indiana, causing headaches for patients and doctors
VillageMD, a subsidiary of Chicago-based pharmacy giant Walgreens Boots Alliance, is closing more than 60 primary care clinics in five markets, including nine practices in northern Indiana and four in central Indiana.
BorgWarner to close Indiana manufacturing plant
The closure will affect about 150 employees at its Morgan Street Production Plant.
Indianapolis chemical maker closing 159-worker plant
Aurorium, which traces its roots to Reilly Industries, is closing a facility at a site that has been home to a chemical manufacturing plant since 1921.
Closure of Indiana chicken facility to cost 368 workers their jobs
More details have emerged regarding the impact of Tyson Foods’ announcement this week that it is closing four chicken processing facilities, including one in Indiana.
Sahm’s vacating longtime bar and restaurant space in Fishers
Hoss Bar & Grill, a Sahm’s Restaurant Group business that took over a spot previously occupied by Sahm’s Bar & Grill, has closed.
Envelope company closing Indy plant, eliminating 127 jobs
Cenveo Worldwide Limited said the plant at 6302 Churchman Bypass—just outside Interstate 465 on the city’s southeast side—will close on Sept. 8.
Indiana printing plant to close, ending 525 jobs
LSC Communications has been struggling due to a steady decline in demand for long-run catalog and magazine printing and has closed several plants in recent years.
Bed Bath & Beyond files for bankruptcy protection, plans to close stores
The retailer has set a closing deadline for its stores, including those in Carmel, Noblesville, Greenwood and Bloomington, and announced it will stop accepting its ubiquitous coupons soon.
COVID-related business closures not ‘physical loss’ under insurance policy, appeals court affirms
Continuing a trend in Indiana courts, the 7th Circuit Court of Appeals has once again ruled that COVID-related business closures do not qualify as “physical losses” eligible for insurance coverage.
The rise and fall of a renewable energy darling
The U.S. government is suing WindStream, which shut down in 2016. It says the company owes $3.12 million in loans that the U.S. Export-Import Bank guaranteed as WindStream was expanding globally.
Citing slow business, Patachou closes downtown’s Napolese restaurant
It first closed in March 2020 at the beginning of the pandemic and didn’t reopen until March of this year, in advance of the NCAA’s men’s basketball tournament, which took place mostly in Indianapolis.
Health department forces Broad Ripple ice cream shop to close
The Marion County Health Department forced the Baskin-Robbins in Broad Ripple to close last week because of a malfunctioning air conditioner. The shop’s owner said he has no plans to reopen.
Regulators liquidate troubled Indianapolis credit union
The financially troubled credit union had been operating under a conservatorship since January. As part of the liquidation, about 500 members and most of their deposits have been transferred to Indianapolis-based Elements Financial Credit Union.
Mitsubishi to close 82-worker climate control business in Franklin
Mitsubishi Heavy Industries Climate Control Inc., which has operated in Franklin since the 1990s, will cease production next month. Mitsubishi has a turbocharger business in the same facility that will continue to operate.
Family Video chain closing all locations, including three in Indianapolis market
The Illinois-based video rental chain, which opened its first store in 1978, outlasted competitors Blockbuster, Movie Gallery and Hollywood Video, but said it could not withstand the disruptions caused by COVID-19.