• (Service area map provided by Vectren.)

    What Does Vectren Merger Mean?

    A utility industry observer says he does not think the planned $6 billion merger of Evansville-based Vectren Corp. (NYSE: VVC) and CenterPoint Energy Inc. (NYSE: CNP) will have a major impact in Indiana. Doug Gotham, who serves as director of the State Utility Forecasting Group at Purdue University, also says he is not aware of any recent mergers that have been shut down by Federal Energy Regulatory Commission, a key hurdle that remains to be cleared. CenterPoint says plans...

  • Battery Systems Manufacturer Expanding in Kokomo

    Kokomo-based Green Cubes Technology has announced plans to expand its Howard County operations. The company, which manufactures advanced battery power systems, will invest $1.8 million to build a new global headquarters and create more than 70 jobs by the end of 2021. The Indiana Economic Development Corp. says the 20,000-square-foot facility will also serve as the company's technology center and manufacturing site, nearly doubling its current footprint. 

  • (Image courtesy of Old National.)

    Old National Details Earnings, Branch Sales, Closings

    Evansville-based Old National Bancorp (Nasdaq: ONB) is reporting a first quarter net income of $48 million, compared to $36 million during the same period a year earlier. The banking company also says it will consolidate 10 branches over the next two quarters and sell 10 others to Marine Credit Union of Wisconsin, a deal that is expected to close in the third quarter. Old National entered the Wisconsin market in 2016 with its largest-ever acquisition.

  • This year's show is set for December 11-13 at the Indiana State Fairgrounds.

    Ag Publications Buy Farm Show

    Two Indiana agriculture publications have purchased the Indiana-Illinois Farm and Outdoor Power Equipment Show. Hoosier Ag Today and Farm World say the Indianapolis show will be renamed to The Indiana Farm Equipment and Technology Expo when it returns for its 40th year in December. The publications jointly purchased the show from Richard Sherman, who has operated the event for the past 39 years. This year's show is set for December 11-13 at the Indiana State Fairgrounds.

  • Building Permits Jump Double Digits

    The Builders Association of Greater Indianapolis says single-family building permits increased by 18 percent in March. Chief Executive Officer Steve Lains says the number of permits issued in the first quarter of 2018 has surpassed expectations.

  • Michael Crafton is president and CEO of Nelbud.

    Nelbud Grows Footprint With Acquisition

    Indianapolis-based Nelbud Services Group Inc. has acquired the kitchen hood cleaning division of Fire Pros Inc. in Michigan. Financial terms of the deal were not disclosed, however Nelbud says the acquired assets will rebranded under the Nelbud name.

  • Rendering of Switchyard Park in Bloomington

    Groundbreaking Set for Bloomington's Switchyard Park

    Years of planning and preparation are coming to fruition in Bloomington as a groundbreaking ceremony has been scheduled for Switchyard Park in May. After CSX phased out services at the McDoel Switchyard, planning began for the 58-acre brownfield in 2012. Designer, REA, will break ground on May 11, just south of downtown. The park project includes performance lawns and a stage, multi-use pavilions, dog parks, water features, sports courts, wetlands, and other features. Axis Architectu...
  • (photo courtesy of UIndy)

    UIndy Names New Dean

    The University of Indianapolis' School of Education will have a new dean this summer. The school will be led by John Kuykendall III, whose term officially begins July 1.  Kuykendall most recently was a tenured associate professor of education and the director of the School of Education at the University of Arkansas at Little Rock. Kuykendall oversaw 27 undergraduate and graduate degree programs in teacher education and educational leadership in Little Rock. He previously wa...

  • (photo courtesy Culver Chamber of Commerce)

    Program Seeks to Boost Culver Businesses

    Officials in Marshall County are launching a program designed to support local businesses. The Marshall County Economic Development Corp. says the Culver Business Expansion and Retention, or CBEAR, program will assess the needs of retail and commercial businesses in Culver.

  • Sherry Seiwert is president of Downtown Indy Inc.

    Downtown Indy 'Most Vibrant' in 50 Years

    While some U.S. downtowns are struggling with urban flight and changing demographics, the chief executive officer of Downtown Indy Inc. says downtown Indianapolis is performing exceptionally well. "Our downtown is more vibrant than it has been in 50 years," said Sherry Seiwert, who adds the solid performance is broad-based. "Office occupancy is up, higher than it has been in ten years, residential numbers continue to climb (and) we've got..."

  • Tech

    • The teams will be competing for $15,000 in total prizes.

      State's Largest Hackathon Targets Public Safety

      Launch Fishers and the Indiana IoT lab will this weekend host what organizers call Indiana's largest hackathon. This year's At&T #IoTCivicHack will focus on public safety solutions. Fishers Police Chief Mitch Thompson says new, cutting-edge technology ideas are especially helpful in an industry where "we tend to surround ourselves with other professionals that are in public safety and we all tend to think alike."

    • AT&T Expands, Tests Technologies in Indiana

      Several Indiana communities are included in AT&T's most recent 5G foundation expansion, and testing of other technologies. The company's 5G Evolution technology has been launched in 117 new markets, claiming speeds are two times faster than standard LTE. The 5G Evolution now includes Anderson, Bloomington, Evansville, Kokomo, Miami, Muncie, Terre Haute and Warren. Indianapolis had previously been included. AT&T President of Technology & Operations, Melissa Arnol...

    • IDEA Week Kicks Off in Michiana

      A week-long festival focusing on all things innovation in the northern part of the state is now underway. IDEA Week, a festival led by the IDEA Center at the University of Notre Dame, will feature business, technology and entertainment events throughout Greater South Bend-Elkhart. The initiative is targeted at entrepreneurs, students and community members to provide...

    More
  • Education

    • UIndy Names New Dean

      The University of Indianapolis' School of Education will have a new dean this summer. The school will be led by John Kuykendall III, whose term officially begins July 1.  Kuykendall most recently was a tenured associate professor of education and the director of the School of Education at the University of Arkansas at Little Rock. Kuykendall oversaw 27 undergraduate and graduate degree programs in teacher education and educational leadership in Little Rock. He previously wa...

    • Purdue Names Health and Human Sciences Dean

      The Purdue University College of Health and Human Sciences has a new dean. Marion Underwood, who currently serves as dean of graduate studies and associate provost at the University of Texas at Dallas, will begin her new role on the West Lafayette campus in August.

    • U.S. Attorney Josh Minkler (file photo)

      Sentence Handed Down For Vigo County Schools Fraud

      A former facilities director for the Vigo County School Corp. has received a 24 month prison sentence for his role in a scheme that involved stealing more than $110,000 from the district. The fraud, bribery and false statement convictions against Franklin Fennell stem from what United States Attorney Josh Minkler's office says was two-and-a-half years of creating fraudulent invoices for a contractor that either overcharged or didn't complete the work.

    More
  • Manufacturing & Logistics

    • Battery Systems Manufacturer Expanding in Kokomo

      Kokomo-based Green Cubes Technology has announced plans to expand its Howard County operations. The company, which manufactures advanced battery power systems, will invest $1.8 million to build a new global headquarters and create more than 70 jobs by the end of 2021. The Indiana Economic Development Corp. says the 20,000-square-foot facility will also serve as the company's technology center and manufacturing site, nearly doubling its current footprint. 

    • Lippert to Break Ground on Manufacturing Plant

      Elkhart-based Lippert Components Inc. will Monday break ground on a new facility at its manufacturing complex in Goshen. LCI says the 107,000-square-foot facility will be used for the manufacturing of I-beams used in nearly every chassis frame the company produces. Financial terms of the company's investment in the facility were not disclosed. LCI manufactures chassis for the towable RV, trailer, park model and residential housing markets. The company says the new...

    • Pike County Partners Unveil Master Plan For Massive Acreage

      A long-term strategic plan focused on developing 4,000 acres off of I-69 in southwest Indiana has been released. The Pike County I-69 Interchange master plan is designed to boost retail, commercial, residential and industrial investment opportunities near Petersburg. Properties involved in the initiative, which was launched last year, include a portion of the massive Southwest Indiana Megasite.

    More
  • Life Sciences

    • Federal Funds to Fight Opioids

      The U.S. Department of Health and Human Services has awarded nearly $11 million to the state of Indiana to combat the opioid crisis. The Opioid State Targeted Response grants were created by the 21st Century Cures Act. Indiana’s award is part of $485 million being distributed to all 50 states and four U.S. territories.

    • Zimmer Biomet Touts First Surgery of New Tibia

      Warsaw-based Zimmer Biomet Holdings Inc. (Nasdaq: ZBH) is touting the first surgical case for its Persona Trabecular Metal tibia. The surgery was performed in Idaho on March 20 after receiving FDA clearance in January, and approval in April. 

    • CEO Maggie Galloway says the company's technology is born out of a need identified by an emergency physician.

      Medical Device Startup Looking to Win Big

      A Jeffersonville-based medical device startup is looking to take home the top prize in a national startup venture competition. Inscope Medical Solutions, which produces a device designed to help trauma patients breathe, is one of eight finalists in the Louisville stop of the Rise of the Rest pitch competition. Inscope Medical has created the Inscope Direct, which is used to clear the airways of an emergency room patient so a breathing tube can be more easily administered.

    More
  • Health

    • Rendering of Switchyard Park in Bloomington

      Groundbreaking Set for Bloomington's Switchyard Park

      Years of planning and preparation are coming to fruition in Bloomington as a groundbreaking ceremony has been scheduled for Switchyard Park in May. After CSX phased out services at the McDoel Switchyard, planning began for the 58-acre brownfield in 2012. Designer, REA, will break ground on May 11, just south of downtown. The park project includes performance lawns and a stage, multi-use pavilions, dog parks, water features, sports courts, wetlands, and other features. Axis Architectu...
    • Federal Funds to Fight Opioids

      The U.S. Department of Health and Human Services has awarded nearly $11 million to the state of Indiana to combat the opioid crisis. The Opioid State Targeted Response grants were created by the 21st Century Cures Act. Indiana’s award is part of $485 million being distributed to all 50 states and four U.S. territories.

    • David Naus (photo courtesy Indiana University)

      Gift From IU Alum Targets Addiction Research

      A major donation from an Indiana University alumnus will help further research in substance use disorder and addiction. The $1.5 million gift from David Naus will create the Naus Family Chair in Psychological and Brain Sciences on the Bloomington campus. IU says the gift will enhance the university's efforts to address the issue through the Grand Challenge initiative, "Responding to the Addictions Crisis," which was announced in October. 

    More
  • Ag INnovation

    • This year's show is set for December 11-13 at the Indiana State Fairgrounds.

      Ag Publications Buy Farm Show

      Two Indiana agriculture publications have purchased the Indiana-Illinois Farm and Outdoor Power Equipment Show. Hoosier Ag Today and Farm World say the Indianapolis show will be renamed to The Indiana Farm Equipment and Technology Expo when it returns for its 40th year in December. The publications jointly purchased the show from Richard Sherman, who has operated the event for the past 39 years. This year's show is set for December 11-13 at the Indiana State Fairgrounds.

    • (Images of Suzi Spahr [pictured left] and Dana Kosco [pictured right] courtesy of the Indiana State Department of Agriculture.)

      New Director For Indiana Grown Initiative

      The state's signature agricultural marketing effort has a new leader. Indiana State Department of Agriculture Program Manager Suzi Spahr has added responsibilities as director of the Indiana Grown initiative. The ISDA has also named Dana Kosco outreach manager for the effort. Spahr has served as program director since 2016. She succeeds David King, the previous director of Indiana Grown, who left more than a year ago for a private sector position.

    • Purdue, Peruvian University Launch Partnership

      Purdue University and Universidad Nacional de San Agustin have officially launched their first joint research and capacity building initiative: the Arequipa Nexus Institute for Food, Water, Energy and the Environment. The Nexus Institute will feature collaborative research into the challenges faced by residents in Peru and Latin America.

    More
  • Marion Underwood

    Purdue Names Health And Human Sciences Dean

    The Purdue University College of Health and Human Sciences has a new dean. Marion Underwood, who currently serves as dean of graduate studies and associate provost at the University of Texas at Dallas, will begin her new role on the West Lafayette campus in August. Underwood's appointment follows a national search that was narrowed down to four finalists. She will succeed Christine Ladisch, who has served as the college's inaugural dean since its inception in 2010.

  • UIndy Names New Dean

    The University of Indianapolis' School of Education will have a new dean this summer. The school will be led by John Kuykendall III, whose term officially begins July 1. He most recently was a tenured associate professor of education and the director of the School of Education at the University of Arkansas at Little Rock. Kuykendall oversaw 27 undergraduate and graduate degree programs in teacher education and educational leadership in Little Rock.

  • Kristin Grimme and Joe White

    The Mind Trust Makes Two Promotions

    The Mind Trust has promoted Kristin Grimme to vice president of school incubation and Joe White to vice president of school support. Since 2016, Grimme has served as senior director of school incubation. During this time, she has supported the launch of ten charter schools and Innovation Network Schools as well as the ongoing development of twelve more schools. White previously served as senior director of school support.

  • Financial Center First Credit Union Names New VP

    Gina Johnson has been promoted to vice president of human resources at Indianapolis-based Financial Center First Credit Union. She previously served as the credit union's director of human resources for four years.

  • Joe Kuntz

    DemandJump Adds Chief Revenue Officer

    DemandJump has hired Joe Kuntz as chief revenue officer. He has 25 years of sales and leadership experience, including a stint at ExactTarget, where he served as vice president of North America sales. Kuntz most recently served as executive vice president of sales and marketing at Bluelock.

  • Patrick Zaharako

    Fort Wayne Hires City Engineer

    The city of Fort Wayne has appointed Patrick Zaharako city engineer. He has served as assistant city engineer and flood control manager since 2013. Prior to joining the city, Zaharako worked for Commonwealth Engineers for about 20 years. He received an MBA from Indiana University, an undergraduate degree from Rose-Hulman Institute of Technology and is a registered professional engineer. 

  • Paaige Turner

    Ball State Names Communications Dean

    Ball State University has selected Paaige Turner as dean of its College of Communication, Information, and Media. Turner, who previously served as associate dean of the School of Communications at Webster University in Missouri, will begin her new role July 15. Tuner will succeed Roger Lavery, who is retiring from the position. She has also served as the executive director of the National Communication Association.

  • Kimberly Adams

    Lewis Wagner Names Partner

    Lewis Wagner has added Kimberly Adams as partner. She currently chairs the 2018 IndyBar Association's Diversity Job Fair. Adams previously served as a deputy prosecutor in the Marion County Prosecutor's office. She will help manage the defense of class actions, mass tort defense cases and professional liability matters.

  • Dr. Barry Freeman and Michael Kirschner

    Hendricks Regional Health Makes Appointments, Promotions

    Hendricks Regional Health has promoted Dr. Barry Freeman (pictured) to first vice president, chief clinical integration officer. Michael Kirschner (pictured) has been appointed vice president and chief physician practice management officer. Dennis Ressler has been named vice president of finance and chief financial officer. Also, Todd Davis has been promoted to executive director of information systems.

  • Bill Bradley

    LaGrange County EDC Taps Next Leader

    The LaGrange County Economic Development Corp. has named Bill Bradley its next chief executive officer. He has served as executive director of the Jay County Development Corp. for the last 11 years. Bradley succeeds Ryne Krock, who left in January after two-and-a-half years in the position. The IPFW and Ball State University graduate, who has more than 30 years of economic development industry experience, will begin serving as CEO and president June 25.

  • Michelle Widenhoefer

    ONI Risk Partners Adds to Team

    ONI Risk Partners has named Michelle Widenhoefer a small business and personal insurance risk advisor. She previously spent more than 20 years as an insurance advisor and residential lending officer.

  • Andrew Robarge

    Commonwealth Engineers Promotes Robarge

    Commonwealth Engineers Inc. has promoted Andrew Robarge to office manager of its new regional branch in Crown Point. He is a project manager with more than 10 years of consulting experience. Robarge has spent his entire professional career with Commonwealth.

  • John Lechleiter

    Lechleiter Appointed to IBRI Board

    The Indiana Biosciences Research Institute has appointed former Eli Lilly and Co. Chairman, President and CEO John Lechleiter to its board of directors. He retired from Lilly in 2016 and served as chairman of the board of directors from January 2009 to May 2017. Lechleiter joined Lilly in 1979 as a senior organic chemist, working his way from the lab to global leadership.

  • Kara Monroe

    Ivy Tech Promotes Monroe to Provost

    Ivy Tech Community College has promoted Kara Monroe to provost/senior vice president. The position was previously held by Dr. Steven Tincher, who will retire in June. Monroe currently serves as vice president, academic innovation and support. In her new role, Monroe will provide overall leadership for academic affairs and serve as the chief academic officer for the college.

  • Tiffany Whisner

    Coles Marketing Promotes Whisner

    Indianapolis-based Coles Marketing has promoted Tiffany Whisner to vice president of public relations. She most recently served as director of public relations & social media. Whisner will continue to lead Coles Marketing public relations efforts.

  • Susana Rivera-Mills (photo courtesy Oregon State University)

    Ball State Names Provost

    Ball State University President Geoffrey Mearns has named Susana Rivera-Mills provost and executive vice president for academic affairs. Rivera-Mills, who most recently served as vice provost for academic programs and learning innovation at Oregon State University, will begin her new role in July.

  • (Images of Suzi Spahr [pictured left] and Dana Kosco [pictured right] courtesy of the Indiana State Department of Agriculture.)

    New Director For Indiana Grown Initiative

    The state's signature agricultural marketing effort has a new leader. Indiana State Department of Agriculture Program Manager Suzi Spahr has added responsibilities as director of the Indiana Grown initiative. The ISDA has also named Dana Kosco outreach manager for the effort. Spahr has served as program director since 2016. She succeeds David King, the previous director of Indiana Grown, who left more than a year ago for a private sector position.

  • Ronald Rochon

    USI Announces Next President

    The board of trustees for the University of Southern Indiana has appointed Ronald Rochon as the university’s fourth president. Rochon, who has served as provost for USI since 2010, was chosen following a national search that included more than 90 candidates. He will begin his new role July 1, succeeding Linda Bennett, who will retire after nine years as president.

  • Top Videos

    • Reaction to Vectren Merger

      A utility industry observer says he does not think the planned $6 billion merger of Evansville-based Vectren Corp. (NYSE: VVC) and CenterPoint Energy Inc. will have a major impact in Indiana. Doug Gotham, who serves as director of the State Utility Forecasting Group at Purdue University, says he is not aware of any recent mergers that have been shut down by Federal Energy Regulatory Commission, a key hurdle that remains to be cleared.

    • 2018 State of Downtown

      How is Downtown Indianapolis performing? Is it truly a talent and residential attractor? Leadership from Downtown Indy Inc. share data on the 2018 State of Downtown.

    • Spensa Technologies Acquired by DTN

      A West Lafayette-based precision agriculture tech startup, has been acquired by Minnesota-based DTN. The CEO of Spensa Technologies shares what the deal means for the company and the state of Indiana.

    • Healthy Hoosier Oil Rethinking Traditional Crops

      A sixth-generation farmer in Converse has found a new use for his crops, instead of traditional row crop farming, he’s growing canola and sunflowers to make healthy oil! How Healthy Hoosier Oil is also helping sixth-generation Hunt Family Farms in the process!

    • Stutz Marking 25 Years

      The rebirth of the historic Stutz building in Indianapolis is celebrating its Silver Anniversary. It’s been 25 years since Turner Woodard transformed the former automobile factory into the Stutz Business and Arts Center that now is home to artists and high-tech startups.

    • IU Health Planning $55M Cancer Center

      IU Health is seeking approval from the city of Carmel to build a new cancer center. The $55 million facility would be built on property that is already part of IU Health North Hospital.

    More
  • Web Exclusive

    • Culture Matters: Milhaus

      With another installment of our monthly Culture Matters segment we spotlight the reasons for the rapid growth of Milhaus, the development company headquartered in downtown Indianapolis. We also take a look at some of their completed projects, and how their workplace culture translates to their projects and their customers.  

    • WEB EXCLUSIVE: Holcomb Signs SaaS Industry Bill

      Governor Eric Holcomb says a tax exemption for Sales as a Service is something that was brought up "again and again" in meeting with Hoosier tech executives. Indiana is one of four states to have approved this type of law. The ceremonial signing took place Friday morning at the headquarters of Indianapolis-based SaaS company, DemandJump.

    More

Stocks

  • Perspectives

    • Spring Cleaning? Add Your Finances to The List

      It's that time of year. Time to freshen-up the house, your closet and the yard. Another important item that should be on your spring-cleaning "to do" list: tidy-up your personal financial situation. Don't know where to begin? Here's an easy four-step checklist!

    More

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  • Most Popular Stories

    • Vectren, Texas Company Detail Merger Plans

      A Texas-based energy company with operations in six states has announced a $6 billion merger with Evansville-based Vectren Corp. (NYSE: VVC). Under terms approved by both CenterPoint Energy Inc.'s (NYSE: CNP) and Vectren's boards of directors, Vectren shareholders will receive $72 per share and CenterPoint will assume the Hoosier company's debt. Vectren Chief Executive Officer Carl Chapman says the combined company's natural gas utility operations will be headquartered in Evansville.

    • Sherry Seiwert is president of Downtown Indy Inc.

      Downtown Indy 'Most Vibrant' in 50 Years

      While some U.S. downtowns are struggling with urban flight and changing demographics, the chief executive officer of Downtown Indy Inc. says downtown Indianapolis is performing exceptionally well. "Our downtown is more vibrant than it has been in 50 years," said Sherry Seiwert, who adds the solid performance is broad-based. "Office occupancy is up, higher than it has been in ten years, residential numbers continue to climb (and) we've got..."

    • Lippert to Break Ground on Manufacturing Plant

      Elkhart-based Lippert Components Inc. will Monday break ground on a new facility at its manufacturing complex in Goshen. LCI says the 107,000-square-foot facility will be used for the manufacturing of I-beams used in nearly every chassis frame the company produces. Financial terms of the company's investment in the facility were not disclosed. LCI manufactures chassis for the towable RV, trailer, park model and residential housing markets. The company says the new...

    • (Image courtesy of Hilton Hotels Corp.)

      Hotel, Conference Center Opens in Noblesville

      A $30 million hotel has opened in Hamilton County. The Embassy Suites by Hilton Noblesville Indianapolis Conference Center, owned and managed by Indianapolis-based Sun Development and Management Corp., includes 198 rooms and an on-site restaurant called The Local Kitchen and Tap. Plans were unveiled for the hotel in 2015. The property includes 29,000 square-feet of meeting space, fitness center, 24-hour market, indoor heated salt water pool and a business center.

    • Holcomb Makes Appointments to Workforce Cabinet

      Governor Eric Holcomb has appointed 13 people to the newly-created Governor's Workforce Cabinet. The group will convene to assess and realign the workforce development programs and services in the state.