Tech consultant Allegient plans expansion, 42 jobs
Carmel-based IT consultant Allegient LLC plans to grow its central Indiana operations, adding as many as 42 jobs over the next five years.
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Homegrown firm creates stir with Bloody Mary mix
Hoosier Momma Bloody Mary mix started 18 months ago and already is a profitable entity available in 350 locations and six states. This month, Hoosier Momma expanded into Kentucky, thanks to a deal with national distribution giant Southern Wine and Spirits.
A few restaurants close as other eateries, retailers plan growth
Among the casualties is the downtown restaurant Hue and Carmel’s The Glass Chimney. El Rodeo, Eggshell Bistro and Hotcakes Emporium are among those opening locations in the area.
UPDATE: Medco acquisition could lead to local consolidation
It’s not yet clear how Express Scripts Inc.’s $29.1 billion acquisition of rival Medco Health Solutions will affect the companies’ central Indiana operations—or their 800-plus employees at two facilities here.
ITT Educational continues enrollment, profit slide
In the second quarter, the Carmel-based operator of for-profit colleges saw enrollment drop 19.9 percent and profit sink 17.7 percent. But the company posted strong earnings per share by continuing to buy back shares.
Express Scripts to buy Medco for $29.1B in cash, stock
Express Scripts Inc. agreed to buy Medco Health Solutions Inc. for $29.1 billion to become the largest pharmacy-benefits manager in the United States. Both have central Indiana operations.
Grant to fund economic reports for Wabash County
Manchester College students and two recent graduates will create economic reports designed to help northern Indiana's Wabash County attract new business and industry.
Big-box connection helps duo fight microbes
An Anderson-based company plans to take on popular disinfectants like Lysol with a mold-preventive product that its two founders have already convinced national home-improvement chain Home Depot to sell.
Developer tries ‘pocket’ neighborhood in Carmel
A veteran local homebuilder is tearing up the suburban residential playbook with a new project in Carmel that offers tightly spaced bungalows clustered around grassy courtyards.
Investor boosts Just Marketing’s pursuit of F1 business
Motorsports marketing guru Zak Brown believes selling about a fourth of his business to a London-based company will help fuel his phenomenal growth in the sponsorship business of Europe’s Formula One racing.
Riverview scoops up doctors from American Health Network
Nine family-practice doctors are set to leave their large physician group and join Noblesville’s Riverview Hospital, more than tripling their revenue-generating potential.
Notorious I-69 interchange slated for big upgrade
Getting onto and off of Interstate 69 at the 116th Street exit has long been a nail-biting experience, but traffic planners are about to propose reconstruction to unplug the bottleneck.
Buyer snaps up 175-acre Golf Club of Indiana
An investment group has acquired the Golf Club of Indiana in southern Boone County near Zionsville and is planning improvements to the 175-acre property.
Judge says no insurance cash for Indiana concert hall
A judge has decided that the owners of a southern Indiana concert hall destroyed in an arson nearly two years ago aren't owed any insurance money because they didn't properly maintain the sprinkler system.
Panel named to search for new Purdue president
The committee announced Thursday will be looking to replace Purdue President France Cordova, who said last week she would step down next summer when her contract expires.
Matriarch’s work ethic inspires Holiday World staff
Pat Koch, whose official title at her family-owned Holiday World theme park is director of values, sets a high bar for hard work and dedication.
Rural broadband provider Omnicity racks up legal bills tied to acquisitions
The latest of at least five suits filed since early last year involves Columbus, Ohio-based SZD Whiteboard, a consulting firm the company used to identify acquisition targets.
Amazon planning fourth area distribution center
Amazon.com plans to open a second warehouse in Plainfield this year, the company announced Wednesday. The online retailer’s fourth location in central Indiana is expected to create hundreds of jobs.
Mike’s unveils new design for new carwashes
Two new carwash facilities in Anderson and West Lafayette will bring the Indianapolis-based chain to 39 stores.
Purdue president to step down next summer
Purdue University President France Cordova says she'll step down when her contract expires in 2012. She succeeded Martin Jischke at the helm of the public university in 2007.