Economy Of Indianapolis
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Economy Of Indianapolis
The economy of Indianapolis is centered on the City of Indianapolis and Marion County, Indiana, Marion County within the context of the larger Indianapolis metropolitan area. The Indianapolis–Carmel–Anderson, IN MSA, had a gross domestic product (GDP) of $134 billion in 2015. The top five industries were: finance, insurance, real estate, rental, and leasing ($30.7B), manufacturing ($30.1B), professional and business services ($14.3B), educational services, health care, and social assistance ($10.8B), and wholesale trade ($8.1B). Government, if it had been a private industry, would have ranked fifth, generating $10.2 billion. Compared to Indiana as a whole, the Indianapolis metropolitan area has a lower proportion of manufacturing jobs and a higher concentration of jobs in wholesale trade; administrative, support, and waste management; professional, scientific, and technical services; and transportation and warehousing. The city's major exports include pharmaceuticals, ...
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Indianapolis
Indianapolis (), colloquially known as Indy, is the state capital and most populous city of the U.S. state of Indiana and the seat of Marion County. According to the U.S. Census Bureau, the consolidated population of Indianapolis and Marion County was 977,203 in 2020. The "balance" population, which excludes semi-autonomous municipalities in Marion County, was 887,642. It is the 15th most populous city in the U.S., the third-most populous city in the Midwest, after Chicago and Columbus, Ohio, and the fourth-most populous state capital after Phoenix, Arizona, Austin, Texas, and Columbus. The Indianapolis metropolitan area is the 33rd most populous metropolitan statistical area in the U.S., with 2,111,040 residents. Its combined statistical area ranks 28th, with a population of 2,431,361. Indianapolis covers , making it the 18th largest city by land area in the U.S. Indigenous peoples inhabited the area dating to as early as 10,000 BC. In 1818, the Lenape relinquished their ...
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Barnes & Thornburg
Barnes & Thornburg LLP is a U.S. law firm and lobbying group with 20 offices located in the United States. It is currently the largest law firm in the state of Indiana Indiana () is a U.S. state in the Midwestern United States. It is the 38th-largest by area and the 17th-most populous of the 50 States. Its capital and largest city is Indianapolis. Indiana was admitted to the United States as the 19th s ..., and 79th largest in the United States. History The firm was founded in 1982 as a merger of two Indiana-based firms: the Indianapolis-based Barnes, Hickam, Pantzer & Boyd (founded in 1940), and the South Bend, Indiana, South Bend-based Thornburg, McGill, Deahl, Harman, Carey & Murray (founded in 1926). Since 2009, Barnes & Thornburg has opened offices in Boston, Dallas, Detroit, Los Angeles, New York, Raleigh, San Diego, Salt Lake, Atlanta, Minneapolis, Columbus. In 2015, the ''National Law Journal'' ranked Barnes & Thornburg as the 78th largest law firm in the Un ...
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United Airlines
United Airlines, Inc. (commonly referred to as United), is a major American airline headquartered at the Willis Tower in Chicago, Illinois.Destinations Served
. United Airlines Official Statistics.
United operates a large domestic and international route network spanning cities large and small across the United States and all six inhabited continents. Measured by fleet size and the number of routes, it is the third-largest airline in the world after its merger with Continental Airlines in 2010. United has eight hubs, with
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Downtown Indianapolis
Downtown Indianapolis is a neighborhood area and the central business district of Indianapolis, Indiana, United States. Downtown is bordered by Interstate 65, Interstate 70, and the White River, and is situated near the geographic center of Marion County. Downtown has grown from the original 1821 town plat—often referred to as the ''Mile Square''—to encompass a broader geographic area of central Indianapolis, containing several smaller historic neighborhoods. Downtown Indianapolis is the cultural, political, and economic center of the Indianapolis metropolitan area. Downtown Indianapolis anchors the city's burgeoning tourism and hospitality sector, home to nearly 8,000 hotel rooms and several of the city's major sporting and event facilities. Downtown contains numerous historic districts and properties, most of the city's memorials and monuments, performing arts venues, and museums. Since its founding in 1820, the seats of Indianapolis's local administration and Indiana's ...
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Steak 'n Shake
Steak 'n Shake Operations, Inc. (doing business as Steak 'n Shake) is an American casual restaurant chain concentrated primarily in the Midwestern United States with locations also in the South, Mid-Atlantic and Western United States, Europe, and the Middle East. The company is headquartered in Indianapolis, Indiana, and is a wholly owned subsidiary of Biglari Holdings. , 628 Steak 'n Shake restaurants were in operation, with 414 of them corporate-owned, and 214 franchised. The company has since attempted to convert to a fully franchised model. Typical restaurant locations have sit-down, drive-thru and front-window service, resulting in a hybrid of fast-food to-go and diner-style sit-down service. Many locations are open 24 hours a day, seven days per week. The menu features primarily burgers and hand-dipped milkshakes; other entrees, side items, and drinks are also available. The corporation's slogan, "Famous for Steakburgers", refers to its most prominent food item, the Steak ...
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Noble Roman's
Noble Roman's is an American pizza company based in Indianapolis, Indiana. History Founding to 1990s Noble Roman's was founded in Bloomington, Indiana, when Stephen Huse and Gary Knackstedt acquired a failed pizza shop near the campus of Indiana University in 1969. The company incorporated in 1972, with the first franchise following in 1973. In the 1980s and 1990s, Noble Roman's expanded heavily outside of Indiana, opening new locations in Ohio, and other states; and issuing an IPO in 1982. In 1996, Noble Roman's attempted to purchase Papa Gino's, which was in the process of acquiring D'Angelo's Grilled Sandwiches chain from PepsiCo's Pizza Hut division (Noble Roman's notable competitor). But in the next year, the deal fell through, and eventually it was delisted from NASDAQ after it fell to a $1 per share. 2000s expansion and contraction During the mid-2000s, the company launched an aggressive nationwide expansion campaign based on a franchising model. When the chain's e ...
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Envigo
Envigo (en-VEE-go) is a privately held contract research organization and laboratory animal sourcer that provides live animals and related products and services to pharmaceutical and biotechnology industries, government, academia and other life science organizations engaged in animal testing. The company breeds and sells research animals – which are referred to in the industry as "research models"– including rodents (mice, rats, hamsters and guinea pigs), rabbits, and non-human primates. Envigo is headquartered in Indianapolis, Indiana and employs more than 1,200 people at 30+ locations across North America, Europe and the Middle East. Many of Envigo's breeding sites have been accredited by the Association for Assessment and Accreditation of Laboratory Animal Care (AAALAC) International Council including: Horst, the Netherlands (March 29, 2016), Indianapolis, IN, Livermore, CA, Boyertown and Denver, PA, St Louis, MO and others. However, the U.S. Department of Agriculture ( ...
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Republic Airways Holdings
Republic Airways Holdings, Inc. is an American airline holding corporation based in Indianapolis, Indiana, that owns Republic Airways, an American regional airline operating in the United States, and LIFT Academy, the only flight training academy owned by an airline in the United States. Republic Airways operates a fleet of Embraer 170 and Embraer 175 aircraft. History Forming the holding company The company traces its roots to Chautauqua Airlines, founded in 1973 in Jamestown, New York, by Joel and Gloria Hall. Joel had been a pilot for Mohawk Airlines. Chautauqua was one of the first airlines to fly under code shares, initially with Allegheny Airlines which later became USAirways. In 1988, an affiliate of Guarantee Security Life Insurance Company bought the airline. Three years later, the Florida Department of Insurance took over the insurance company and its airline subsidiary after the insurance company was declared insolvent. In 1994, Chautauqua swapped routes with ...
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OneAmerica Financial Partners, Inc
OneAmerica Financial Partners, Inc. is a U.S. financial services mutual holding organization with corporate offices at the OneAmerica Tower in Indianapolis, Indiana. The operating companies of OneAmerica Financial Partners, Inc. are American United Life Insurance Company, The State Life Insurance Company, OneAmerica Retirement Services LLC, McCready and Keene Inc., OneAmerica Securities, Inc., Pioneer Mutual Life Insurance Company, and AUL Reinsurance Management Services, LLC. The operating companies offer individual life, disability, and long-term care insurance, and annuities. For businesses, they offer employee benefits, retirement plans, and group insurance. They operate throughout the United States except New York. OneAmerica Companies maintain "superior" financial ratings from A.M. Best and Standard and Poor's. History Started as a life insurance group in 1877 by the Knights of Pythias, it became American Central Life Insurance Company in 1899. In 1904 American Cent ...
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Lucas Oil Products
Lucas Oil Products, Inc. is an American manufacturer and distributor of automotive oil, additives, and lubricants. It was founded by trucker Forrest Lucas and his wife Charlotte in 1989. The company is a medium size manufacturer of lubricants, including engine oils, greases, gear lubes, as well as problem-solving additives and car-care products. It produces and markets approximately 270 formulations in 40 countries. In the U.S., Lucas Oil is sold in more than 30,000 auto parts stores, displaying the most variety of shelf products of any oil company, and at truck stops nationwide. Lucas Oil has two major plants in the United States. The original plant is located in Corona, California, which also houses Lucas Oil Corporate Headquarters, Lucas Oil Production Studios, Team Lucas, LucasOilRacingTV and the Lucas owned motorsports network, MAVTV. In 2003, it opened a new production plant in Corydon, Indiana, and expanded with an additional, multimillion dollar, 350,000-square-foot fa ...
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Klipsch Audio Technologies
Klipsch Audio Technologies (also referred to as Klipsch Speakers or Klipsch Group, Inc.) is an American loudspeaker company based in Indianapolis, Indiana. Founded in Hope, Arkansas, in 1946 as 'Klipsch and Associates' by Paul W. Klipsch, the company produces loudspeaker drivers and enclosures, as well as complete loudspeakers for high-end, high-fidelity sound systems, public address applications, and personal computers. On January 6, 2011, Audiovox announced that the company had signed a "term sheet to purchase all the shares of Klipsch Group Inc". The sale was completed March 1, 2011. Horn loading Since its inception, Klipsch has promoted the use of horn-loaded speakers as part of its goal to produce speakers featuring: *High efficiency (more formally called "sensitivity"), meaning that they can be driven by relatively low-powered amplifiers *Low modulation distortion, which Paul Klipsch believed was very important *Wide dynamic range, meaning that they accurately reprod ...
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Lids (store)
Lids or Hat World, Inc. is an American retailer specializing in athletic headwear. It primarily operates under the Lids brand with stores in the U.S., Puerto Rico, Canada, Australia, France, Germany, and the United Kingdom plus various websites. The majority of the stores operate in shopping malls and factory outlet centers. History Lids Corp. was founded in Boston by best friends Douglass Karp (son of real estate developer Stephen R. Karp) and Ben Fischman (son of real estate developer Steven Fischman) in 1993. Hat World, Inc. was founded in 1995 by George Berger, Glenn Campbell and Scott Molander, with its headquarters office in Sioux Falls, SD. Hat World's first store opened on November 3, 1995 in the Tippecanoe Mall in Lafayette, Indiana. The second store opened at Muncie Mall in Muncie, Indiana. The company's operations and warehouse were located in Indianapolis. The administrative headquarters was later moved from Sioux Falls to Indianapolis. The original Lids Corp. filed ...
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