Tiny Hancock Health embarks on ambitious, long-term growth plan
Over the past two years, Hancock Health has bought 140 acres of empty farmland at the Mount Comfort exit of Interstate 70 for a development it has named Hancock Gateway Park.
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Huge cost overruns on Carmel hotel fuel questions about construction costs
The cost of the 122-room, city-backed hotel has swelled to $58.5 million, up from $40 million when the Carmel City Council green-lighted it two years ago. Some councilors have called for an audit to dig into the details.
Carmel-based Shepherd Financial fueling growth with acquisitions
Shepherd Financial LLC is planning to grow its workforce by 50 employees over the next five years, tripling its statewide staff, with a majority of those hires in Carmel.
Johnson & Johnson plans new warehouse, 300 jobs in Hendricks County
The distribution arm of the New Jersey-based company plans to spend $110 million on project, which will include specialized handling and storage technologies for medical devices.
Franklin College promotes acting leader to president
Franklin College on Monday named Kerry Prather as president. Prather was appointed acting president effective Jan. 14 after the school fired President Thomas Minar, who faces three criminal charges related to child solicitation.
McCammon’s Irish Market acquires Brownsburg garden center
Greg and Lisa Frazee, who opened Frazee Gardens in 2008, will continue to own and operate Brownsburg Landscape Co., which they founded in 1987.
‘Andy Griffith’-inspired movie to be shot in central Indiana
The project will bring Hollywood pedigree—in the form of former “Andy Griffith” stars and their children—to central Indiana.
Carmel man indicted on 28 fraud charges related to scheme using PayPal, eBay
Tuong Quoc Ho, 32, conducted “an elaborate scheme to defraud businesses, consumers, suppliers, financial institutions, credit card holders, credit card companies, and identity theft victims for personal monetary gain,” U.S. Attorney Josh Minkler’s office said in a statement.
Reservoir cleanup costs spur division in tony Geist
More than 1,400 Geist households want a special taxing district that would raise money to maintain the reservoir. But other residents say the taxes would benefit mostly lakefront property owners, not people who live a few blocks away.
15 months after acquiring Mobi, Tangoe’s local office grows in importance
“We’ve gone from being an ankle biter to an 800-pound gorilla,” said Josh Garrett, Mobi’s co-founder and former president who now serves as Tangoe’s chief strategy officer.
India-based health-tech firm to build North American headquarters in Noblesville, hire up to 65
Panacea Medical Technologies said it will invest $11.7 million to construct and equip a 20,000-square-foot building that will house R&D and manufacturing operations.
Pulte Group seeks OK for empty-nester neighborhood in Fishers
Pulte Homes of Indiana LLC is seeking zoning approval to build 52 single-family homes not far from Ironwood Golf Club.
Plans forming for public-private river education center at Conner Prairie
Visit Hamilton County launched a feasibility study Thursday to determine the best way to align the county’s River Road Park, Carmel’s River Heritage Park and Conner Prairie as a river-centric district.
Woman allegedly embezzled $327K from her employer
An eastern Indiana woman who seemed upset when her employer offered her a promotion is now accused of embezzling more than $327,000 from the business following an audit by suspicious company officials.
Shake Shack to open Fishers restaurant, looking in downtown Indianapolis
With a restaurant already in the works at Indianapolis International Airport, Shake Shack also is paving the way for a Fishers location and is in the hunt for spot in downtown Indianapolis.
ScreenBroidery merchandising firm making name for itself with big move to Noblesville
ScreenBroidery recently moved from 2,500 square feet of leased space in Castleton to a 15,000-square-foot headquarters and warehouse that it bought and renovated for nearly $1.7 million in Noblesville. And it plans to double its workforce by 2022.
Sullivan’s Hardware buys Fishers garden-and-home center for $5M, plots growth
After more than 40 years as the nursery’s founder and owner, Jeff Gatewood decided last fall to retire and put his five-acre business at 11405 Allisonville Road up for sale.
Portillo’s plans to set up shop in Westfield
More than two years after first entering the market to great fanfare and huge crowds, Chicago-based Portillo’s is planning a fourth restaurant in the Indianapolis area.
California-based OpenPath to open Fishers office in Flexware project
The security firm’s Fishers office will be its first major move outside of its home base in Los Angeles, where most of its 70 employees are located.
IBJ Podcast: Hamilton County emerges as player in hemp industry
IBJ reporter Kurt Christian talks with host Mason King about what some are calling a “green rush,” which follows a 2018 federal law that removed marijuana’s non-psychoactive cousin from the Controlled Substances Act.