Stevanato inks deal for vaccine vial manufacturing in Fishers
The firm is in the midst of construction for its $145 million, 370,000-square-foot manufacturing facility in Fishers, which began last September.
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Noblesville reaches deal to keep manufacturer in city
Noblesville-based IDI Composites International said it plans to spend more than $24 million to build a manufacturing facility in a new business park along State Road 37, north of 150th Street.
IBJ Podcast: These women wanted a mid-life career change—and bought franchises
The owner of The Human Bean in Indianapolis and Garbanzo Mediterranean Fresh in Zionsville tell host Mason King about the biggest hurdles they faced launching a restaurant (think rising labor costs and supply chain troubles) and why they don’t regret their mid-life career changes.
Westfield seeking buyer or new manager for Grand Park Sports Campus
The Westfield Redevelopment Commission issued a request for proposals Thursday, seeking “proposals from qualified respondents interested in purchasing the sports campus … or in entering a public-private agreement to operate Grand Park.”
New Conner Prairie exhibit to focus on hundreds of years of Black history
With financing from Lilly Endowment and support from the Smithsonian Institution, Conner Prairie’s Promised Land as Proving Ground exhibit is expected to be fully open in 2023.
Ukrainian American Rep. Spartz takes on leading role in GOP response to Russian invasion of her home country
On Tuesday night, she will be part of the group of lawmakers who will escort President Joe Biden into the House chamber for a State of the Union address that is expected to focus heavily on the conflict happening in her home country.
Watered-down vaccine mandate limits clear Senate, return to House for consideration
The Indiana Senate passed a watered-down version of the House Republicans’ bill to limit employer vaccine mandates, sending it back to the House where its future is cloudy.
Q&A with Scott Schmelzer, on growth of tennis in Zionsville
Members of the Pearson Automotive Tennis Club in Zionsville receive training from U.S. Professional Tennis Association-certified professionals on staff, including four instructors who are in the Indiana Tennis Hall of Fame.
Carmel-based KAR Global agrees to sell ADESA auction unit to Carvana to focus on digital marketplace
About 4,500 employees of ADESA and KAR will be transferred to Carvana as part of the sale. That’s just under 50% of the company’s total head count. According to IBJ research, KAR has about 9,600 employees worldwide and 1,150 employees in Indiana.
Noblesville theater adding private screening rooms, ‘cuddle chairs’
Changes at Emagine Noblesville at Hamilton Town Center—formerly Hamilton 16 IMAX + GDX—include the installation of heated recliners and two 18-seat screening rooms for private events.
Indy-based developer in home stretch of $250M industrial project in Whitestown
About three years after first breaking ground, Indianapolis-based Strategic Capital Partners LLC has already brought to market about two-thirds of the 80-acre project, known as 65Commerce Park.
Central Indiana homebuilders off to slow start in 2022
Central Indiana homebuilders are coming off their busiest year since 2005, but January saw a big drop in single-family building permit filings.
First Internet leans into banking-as-a-service trend
Under the relatively rare model, a bank offers its expertise and capabilities to a fintech, allowing the fintech to provide iservices that require the involvement of a federally regulated and insured institution.
Developer planning $98M housing, retail project at 96th and Allisonville
The project from Carmel-based developer CRG Residential would contain 380 apartment units, 66 townhomes for sale and 35,000 square feet of retail space. The firm also would donate 25 acres of land to beef up a recently announced city park along the White River.
Westfield’s Rail restaurant plans a revival and return to its roots
No longer in a renovated barn, the Rail reboot will be reminiscent of original business model that combined sandwiches with a market.
KAR Global bounces back with profitable year
Carmel-based KAR Auction Services Inc. on Wednesday reported better-than-expected fourth quarter earnings and full-year results that were much better than the previous year’s.
Fifth Third Bank puts its name on box offices at the Center for the Performing Arts
For at least the next five years, Fifth Third Bank will be naming-rights sponsor of box offices at Carmel’s Center for the Performing Arts.
Stout’s Shoes plans Carmel comeback in The Signature development
The long-running footwear store will own space below the residential condominiums at the Old Meridian Street location and lease some of it to other retailers.
Huston exits College Board job as controversy brews over education bill
Indiana House Speaker Todd Huston said he left the job to focus on his responsibilities at the Legislature. His office said his departure was unrelated to pending legislation.
St. Vincent wants judge to order investigators to cooperate in case of fired physician
It’s the latest twist in a long-running story involving Dr. Timothy Story, who worked for St. Vincent Medical Group for a decade, but was fired in August 2020 after St. Vincent learned of a federal investigation into his prescribing practices.