Four months ago, Robert Whitt left his position as executive director of White River State Park to become president and co-owner of Sun King Brewing Co.—a move he made despite having no experience in the industry. But he says Sun King is a “very special place” and he just couldn’t resist making the move.
The London-based company, which has 4,000 employees in Indianapolis, has cut divisions and eliminated more than 600 senior and middle-management positions over the past year. It just hired a new chief financial officer.
The city of Indianapolis has received a $355,000 federal grant to help support about 1,400 workers displaced by Carrier Corp. The grant will be used to hire a “recovery coordinator.”
The Indianapolis-based software firm fielded escalating offers over the years until a last-second reduction in bid price from buyer Genesys Telecommunications Laboratories Inc., according to a new public filing.
The Brookville Road plant, which includes about 1.6 million square feet on about 90 acres, houses a former engine plant and foundry that once employed hundreds of workers.
GlassBoard, which helps clients turn concepts into ready-to-manufacture products, said it will invest $850,000 to lease and equip 3,000-square-foot offices at 924 N. Pennsylvania St.
Doxly, a High Alpha Studio company, grabbed the cash in its first fundraising round and signed on the world’s largest law firm as a customer.
Firms signed lease deals for nearly 1 million square feet of office space between mid-2015 and mid-2016 in Indy’s metro area, led by a mammoth deal for Salesforce.com, according to a national study.
The provider of cloud-based workforce-management software said it plans to increase its Indiana employment from 1,100 to 1,200 by 2019.
The work will concentrate on a 1-acre Anderson site where officials say tests have found the carcinogenic solvent trichloroethylene, or TCE.
The Indianapolis-based venture studio and its investment arm have been looking beyond Indianapolis, making investments in out-of-town companies and forging a national reputation.
A federal bankruptcy judge approved the sale of Indianapolis-based chemical company Vertellus Specialties Inc. on Thursday after the U.S. Environmental Protection Agency withdrew its objection to the sale.
Apple's next iPhones will come without the analog headphone jack that's been standard on iPhones and most other electronic devices for years. The phones were unveiled Wednesday afternoon during Apple's fall product launch event in San Francisco.
Charlotte, North Carolina-based Coca-Cola Bottling Co. Consolidated, an independent bottling company, has signed agreements to purchase Indiana manufacturing and distribution plants in Indianapolis and Portland, plus one in Cincinnati, from Coca-Cola Refreshments USA Inc.
The iPhone has traditionally shipped with a pair of Apple’s iconic earbuds. But tech analysts and industry bloggers say it looks like the tech giant has decided to do away with the analog headphone jack in the next iPhone, which it will unveil on Wednesday.
Indianapolis-based Vertellus Specialties Inc. is at odds with the U.S. Environmental Protection Agency over whether a proposed $454 million sale of the chemical company will provide adequate resources to address environmental cleanup needs.
North American sales for the Indianapolis-based manufacturer dropped 19 percent in the third quarter due to pricing pressure and reduced consumption of machine tools.
The report suggests that manufacturers continue to struggle as businesses spend less on machinery, computers and other large equipment. Auto sales have also leveled off this year after reaching a record level in 2015.
Chemical company Vertellus Specialties Inc. says the $454 million deal arranged in bankruptcy proceedings will allow it to continue operations with its current leaders.
Supremex Inc. hopes to put its stamp on the Midwest by purchasing 88-year-old Bowers Envelope Co. Inc.
