Sherry Labs snapped up by Netherlands corporation
The materials-testing business with nearly 300 employees has been acquired by Element Materials Technology. Sherry had been owned by a group of well-connected central Indiana businessmen.
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Carbon Motors pulls equipment from Indiana plant
A company that had hoped to open a high-tech police car plant employing as many as 1,500 workers in eastern Indiana has cleared out its plant amid the resignation of a key official.
Boomerang comes back with plans for Noblesville subdivision
A local developer is moving forward with plans to build a 144-lot subdivision in Noblesville—the first such project city officials have OK’d since approving another proposal for the same property in 2007.
Indiana corn dog maker with 87 workers closing
A company founded more than 50 years ago as Al Pete Meats is closing its doors, ending 87 jobs.
Sheridan businessman gets 8-year term for fraud
U.S. District Judge Mark Bennett issued the 97-month prison term to Lowell Hancher of Hamilton County. The Sheridan businessman pleaded guilty to one count of wire fraud and one count of securities fraud.
Whole Foods shelves store slated for Fishers
High-end grocery chain Whole Foods Market Inc. wants to triple the number of stores it operates, but the company has bagged plans for a location on 116th Street in Fishers.
Mission change for Atterbury may mean new jobs
An Indiana military institution that has been a training site for thousands of deploying troops is getting a new name and a new peacetime mission. Officials say changes could someday lead to hundreds of computer-training jobs.
Bloomington council OKs revised parking meter plan
The Bloomington City Council voted 6-3 in favor of the downtown parking plan, which was revised following opposition from local business owners.
Company taps sports market with bacteria-stalking chemical
Anderson-based Coeus Technology has invented a chemical that kills dangerous bacteria, including potentially deadly staph, by forming a germ-killing barrier that lasts two weeks to six months.
State ties higher ed funding to results
With fewer state dollars coming with more strings, Indiana’s public universities are altering their strategies in big and small ways to receive as much money as possible from the state.
Center for Performing Arts angles for more shows, donors
Two years after opening, the Center for the Performing Arts in Carmel is working on its first strategy, an effort aimed at maximizing attendance while providing financial stability.
Tipton County approves $300M wind farm, with limits
A central Indiana county has given the go-ahead to a proposed $300 million wind farm while also approving restrictions that address concerns about the project's impact on property values.
Chinese-owned factory in Lafayette adding jobs
Work on the aluminum-components plant began a couple years ago. It now has about 80 workers.
Madison County considers new reservoir on White River
Economic development officials are proposing a $300 million reservoir on the White River about 50 miles northeast of Indianapolis that would be a catalyst for new investments and jobs and would include marinas, boat docks and restaurants.
Running events proliferate; sponsor dollars pour in
The 500 Festival Mini Marathon in May will once again focus Hoosier attention on distance running—a sport where shifting demographics and rising interest have combined to generate strong sponsorship revenue.
Mass transit campaign floods market with $1 million
The campaign to expand public transit in the region has generated a busload of money for some media and marketing outlets, thanks to $1 million in federal grants to advertise the benefits of mass transit.
ITT fights to stem tumbling enrollment
A federal investigation and a shareholder lawsuit are the latest headwinds to threaten ITT Educational Services Inc., which is trying to reverse a precipitous decline in enrollment.
Carmel insurer looks within to find new CEO
Indiana Farmers Mutual picks executive vice president and legal counsel to replace long-time leader Daniel Stone.
Noblesville manufacturer plans move to Elwood, expansion
Warner Bodies Inc., a 74-year-old Noblesville manufacturer with 50 employees, expects to add about 150 workers after moving to Elwood.
Plainfield distribution facility with 137 workers closing
Pitney Bowes said 137 employees will lose their jobs when it ceases operations at a distribution center in Hendricks County in May.