Ozdemir: Indy Eleven village ‘dream come true’

Indy Eleven majority owner Ersal Ozdemir says he looked at approximately 20 sites over several years before deciding on the Diamond Chain property in downtown Indianapolis for the planned $1 billion Eleven Park soccer stadium and mixed-use district. Ozdemir believes the project, and its proximity to existing venues, can be transformational for the city’s near west side. ... Read More

Alcoa shuts down smelting line at Warrick site

Pittsburgh-based Alcoa Corp. (NYSE: AA) says it has ended one of three operating smelting lines at its Warrick Operations facility in Newburgh. The company says the move was made due to "operational challenges," but did not provide specifics.... Read More

Department of Ed names career pathways grant recipients

The Indiana Department of Education is awarding nearly 100 schools and community partners throughout the state with more than $57 million in Explore, Engage and Experience grant funding. The IDOE says the funding will support schools and local partners working to strengthen, expand and create effective career pathways.... Read More

Indy accounting firm bought by Sikich in Chicago

Chicago-based Sikich, which provides technology and professional services, has acquired Petrow Kane Leemhuis PC, a public accounting firm in Indianapolis. While financial terms of the deal were not disclosed, Sikich says the move expands its presence in the central Indiana area.... Read More

Glick awards relief funds to 14 Indy organizations

Indianapolis-based nonprofit Glick Philanthropies is awarding nearly a total of $700,000 in grant funding to 90 organizations in 11 states. Fourteen Indianapolis-based organizations are among the recipients, set to receive funding through the Glick Community Relief Fund.... Read More

Café Baby announces West Coast expansion

An Indianapolis-based baby food company has announced plans to expand operations to the West Coast. Café Baby, which opened its first storefront and commercial kitchen on the northeast side of Indy two years ago, says Café Baby West will open this fall in Sacramento, California. ... Read More

Indy security company ordered to pay $370K in back wages, damages

Protection Plus Inc. and employer Raymond Stanley have been ordered to pay more than $185,000 in wages and an equal amount in liquidated damages to the U.S. Department of Labor for distribution to the workers. Overtime wages were owed to 215 security professionals who patrol Indianapolis International Airport’s grounds, guard local businesses, and provide traffic control in the area.... Read More

Building permits continue decline in May

The Builders Association of Greater Indianapolis says single-family building permits were down 8% in May, compared to the same month last year. BAGI Director of Government Affairs Drake Branda says despite lower permit numbers, the central Indiana real estate market continues to see high demand and record low inventory.... Read More

This Week on Inside INdiana Business with Gerry Dick 7/3/22

Top Story: Indy Eleven Stadium Ersal Ozdemir, Founder & Owner, Keystone Group and Indy Eleven CICP – David Johnson – What’s Next David Johnson, President & CEO, CICP Inside INovation: Holder Drew Beechler, Chief Executive Officer, Holder Around INdiana: READI Grants Vigo County Mary-Rachel Redman, Inside INdiana Business Business of Health: Hancock Health & Hancock […]... Read More

State outlines READI projects moving forward

Governor Eric Holcomb says nearly half of the grant funding awarded through the Indiana Regional Economic Acceleration and Development Initiative are set to be designated for projects and programs in 10 regions by the end of July. ... Read More

Citizenship Plaza to be dedicated to federal judge

The Benjamin Harrison Presidential Site in Indianapolis will Friday dedicate its new Citizenship Plaza in the name of U.S. District Court Judge Sarah Evans Barker. The nonprofit says Barker, who has sat on the bench for nearly 40 years, has presided over the July naturalization ceremony for more than 1,500 new citizens at the Presidential Site since 2003.... Read More