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Susan Orr

Indianapolis Business Journal

Energizer to close Franklin facility, cut 64 employees

St. Louis-based battery giant Energizer Holdings, which opened a packaging and distribution center in Franklin less than five years ago, says it plans to close the facility by the end of April. Currently, 64 employees work at the facility.... Read More

Andretti SPAC’s shareholders to vote on proposed merger with AI firm

The deal would merge Zapata with Andretti Acquisition Corp., a special purpose acquisition company that launched in 2022. (A SPAC is a shell company formed with the intent of acquiring another company and taking it public.)... Read More

With rebranding, Indy’s largest private company launching first-ever ad campaign

Indianapolis-based OneAmerica is now doing business under the name OneAmerica Financial. As part of a larger effort the company is calling a “brand refresh,” OneAmerica Financial has also updated its logo and will launch a national advertising campaign... Read More

Experts say 2023’s sluggish venture activity could last well into 2024

A combination of higher interest rates, the ongoing tech industry downturn and general market uncertainty put a damper on venture investment activity last year, both in Indiana and nationwide—and observers say they don’t expect the situation to improve much this year.... Read More

Cease-and-desist order issued against Carmel financial firm, CEO

The Indiana Secretary of State’s office has issued a cease-and-desist order against Carmel-based retirement planning firm ReJoyce Financial LLC and its CEO Alexander Joyce, alleging that Joyce used nearly $2.6 million in client funds for his personal gain.... Read More

Cummins joint venture selects Mississippi as site for battery plant

A recently announced joint venture between Columbus-based Cummins Inc. and three other companies has selected Mississippi as the site of its $1.9 billion electric-vehicle battery plant.... Read More

UAW members approve new contract with Allison Transmission

Members of the United Auto Workers union have overwhelmingly ratified a new four-year employment contract with Indianapolis-based Allison Transmission Inc., the company and the union announced Wednesday.... Read More

Tech consulting firm Onebridge acquired by New Jersey company

Locally-based data and analytics consulting firm Onebridge has been acquired by Marlabs, a digital strategy and advisory firm headquartered in Piscataway, New Jersey. Financial terms were not disclosed for the transaction, which closed earlier this month.... Read More

Once red hot, job market has cooled; unemployment still low

Employers are doing a lot less hiring than they were a year ago—a sign that the job market in Indianapolis, and nationwide, has cooled considerably. In December, employers in the Indianapolis area posted openings for a total of 52,535 jobs—a 47% drop.... Read More

Indianapolis-based Bloomerang acquires Florida software firm

Bloomerang, a fast-growing Indianapolis firm that offers software for not-for-profit organizations, has acquired Lakeland, Florida-based software firm Qgiv. The deal closed in December. Bloomerang declined to reveal financial terms.... Read More

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