• Lilly Quarterly Profits Rise by 35 Percent

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) is reporting second quarter net income of more than $1 billion, compared to $748 million during the same quarter last year. Chief Executive Officer Dave Ricks calls revenue growth strong and says the second quarter results built on the momentum of new products in the company's portfolio including Trulicity and Taltz.

  • Eric Holcomb is in his first year as Indiana's governor.

    Holcomb: Shift From Obamacare to More State Control

    Governor Eric Holcomb is calling on federal lawmakers to work closely with states and give Indiana greater control over its health care subsidies. In an open letter to Hoosiers, Holcomb says the requests are a response to ever-changing debates and proposals related to Congressional Republican and Trump administration efforts to repeal or replace the Affordable Care Act.

  • The company has already hired about 100 workers at the location.

    Whitestown Welcomes $50M Facility

    The chief executive officer of Pennsylvania-based AmerisourceBergen Drug Corp. says the company picked Whitestown for a nearly $50 million investment, in part, because it is "very proud and very pleased" about the work force it is able to attract there. The global health care company cut the ribbon this morning on the distribution facility, which Steven Collis says could ultimately employ up to 150.

  • Hiring Sign Out at Westfield's IMMI

    It all began in 1961, with four employees and two sewing machines in downtown Indianapolis. Today, Westfield-based safety products company IMMI does business around the globe and boasts a work force of more than 1,400.  And that number is about to get larger. "As we grow, we need talent, we need people to accomplish what we're trying to do," said Chief Executive Officer Larry Gray, during an interview on Inside INdiana Business Television.

  • Hogsett has made completion of a new justice center one of his administration's priorities.

    Council OKs $20M For Planned Justice Campus

    The City-County Council in Indianapolis has approved up to $20 million for planning and design work associated with a proposed community justice campus on the city's east side. Estimates released in March peg the total cost of the project between $565 million and $575 million. Additional, off-site projects related to a new center could tack on around $74 million. Following Monday night's vote, Mayor Joe Hogsett said...

  • Patchen's Perspective on Sports Legends Experience

    The chief executive officer of the Children's Museum of Indianapolis says the $35 million Sports Legends Experience is coming together and will "get our arms around fitness" in a way they haven't before. Jeff Patchen says partnerships with major local sports teams, which he calls "content experts," have helped shape the 7.5 acres outdoor/indoor exhibit that is expected to be complete next August.

  • (Image courtesy of the city of Evansville.)

    DoubleTree GM Leaving Evansville

    The general manager of the recently-opened DoubleTree by Hilton convention hotel in Evansville has resigned. The Evansville Courier & Press reports Tracy Wiley, who came to Evansville in February 2016, will leave the hotel for another position outside of the area. 

  • The university says the project will significantly improve DePauw's ability to transfer large datasets.

    Grant to Boost DePauw's Cyber Strength

    DePauw University will use a $210,000 grant to fund a project to enhance cyberinfrastructure and internet connectivity on the campus. The school says the funding from the National Science Foundation will support efforts to better connect the campus to national research networks. DePauw Vice President For Academic Affairs Anne Harris says the effort will allow the school to move large amounts of data through its campus and partner institutions more efficiently.

  • West Fork Whiskey Heading Downtown

    Indianapolis-based West Fork Whiskey Co. has announced plans to move operations from the city's northwest side to downtown. Co-owner Blake Jones says the company is expected to open a new distillery and tasting room in September. 

  • (photo courtesy INDYCAR)

    INDYCAR to Unveil New Aero Kit

    Indianapolis-based INDYCAR is set to debut Tuesday the new universal aero kit that will be used by all Verizon IndyCar Series teams next year. The unveiling will be followed by the inaugural test of the kit at the Indianapolis Motor Speedway.

  • Thomas Klootwyk (left) will succeed Arthur Rettig (right) as head team physician. (photo courtesy Methodist Sports Medicine)

    Colts Team Physician to Step Down

    The longtime physician with the Indianapolis Colts has announced plans to step down. Arthur Rettig has served as the team's head team physician since 1999 and has been with the organization since its relocation to Indy in 1984. 

  • Harris Corp. employs nearly 500 at its Fort Wayne facility.

    Expansions Planned in Fort Wayne

    Several companies in Fort Wayne are looking to the Fort Wayne City Council for approval of tax abatement requests related to proposed expansions. Among them is a $7.5 million investment by Silverado Cook Properties LLC to nearly double the size of its 240,000 square-foot facility which houses nearly 500 Harris Corp. (NYSE: HRS) jobs.

  • Tina Peterson is CEO of Regional Opportunity Initiatives Inc.

    ROI Kicks Off Education, Workforce Initiatives

    Bloomington-based Regional Opportunity Initiatives Inc. is moving forward with two of its education and workforce initiatives announced earlier this year. The organization has selected six school districts for its Ready School Initiative and named its first cohort of K-6 teachers to take part in the regional STEM Fellow program.

  • Tech

    • Grant to Boost DePauw's Cyber Strength

      DePauw University will use a $210,000 grant to fund a project to enhance cyberinfrastructure and internet connectivity on the campus. The school says the funding from the National Science Foundation will support efforts to better connect the campus to national research networks. DePauw Vice President For Academic Affairs Anne Harris says the effort will allow the school to move large amounts of data through its campus and partner institutions more efficiently.

    • TCU Investing in Cloud-Based Tech

      South Bend-based Teachers Credit Union is backing a new digital financial services platform. TCU is investing $3 million into North Carolina-based Constellation Digital Partners LLC. Seven other credit unions are also supporting the company. TCU officials say the technology is the first of its kind designed exclusively for the credit union industry. "Constellation is a game changer," said Chief Executive Officer Paul Marsh.

    • Purdue, Westgate, Crane to Make It Official

      Officials from Purdue University, the Crane Naval Surface Warfare Center and the WestGate Authority will hold an event Monday to formalize a recently-announced partnership. The collaboration involves commercialization, startup development and educational considerations. During an interview earlier this month with Inside INdiana Business, Purdue Research Foundation Senior VP Greg Deason said collaboration will help move the economic development needle for the region.

    More
  • Education

    • Patchen's Perspective on Sports Legends Experience

      The chief executive officer of the Children's Museum of Indianapolis says the $35 million Sports Legends Experience is coming together and will "get our arms around fitness" in a way they haven't before. Jeff Patchen says partnerships with major local sports teams, which he calls "content experts," have helped shape the 7.5 acres outdoor/indoor exhibit that is expected to be complete next August.

    • Grant to Boost DePauw's Cyber Strength

      DePauw University will use a $210,000 grant to fund a project to enhance cyberinfrastructure and internet connectivity on the campus. The school says the funding from the National Science Foundation will support efforts to better connect the campus to national research networks. DePauw Vice President For Academic Affairs Anne Harris says the effort will allow the school to move large amounts of data through its campus and partner institutions more efficiently.

    • ROI Kicks Off Education, Workforce Initiatives

      Bloomington-based Regional Opportunity Initiatives Inc. is moving forward with two of its education and workforce initiatives announced earlier this year. The organization has selected six school districts for its Ready School Initiative and named its first cohort of K-6 teachers to take part in the regional STEM Fellow program.

    More
  • Manufacturing & Logistics

    • Expansions Planned in Fort Wayne

      Several companies in Fort Wayne are looking to the Fort Wayne City Council for approval of tax abatement requests related to proposed expansions. Among them is a $7.5 million investment by Silverado Cook Properties LLC to nearly double the size of its 240,000 square-foot facility which houses nearly 500 Harris Corp. (NYSE: HRS) jobs.

    • Purdue, Westgate, Crane to Make It Official

      Officials from Purdue University, the Crane Naval Surface Warfare Center and the WestGate Authority will hold an event Monday to formalize a recently-announced partnership. The collaboration involves commercialization, startup development and educational considerations. During an interview earlier this month with Inside INdiana Business, Purdue Research Foundation Senior VP Greg Deason said collaboration will help move the economic development needle for the region.

    • Hiring Sign Out at Westfield's IMMI

      It all began in 1961, with four employees and two sewing machines in downtown Indianapolis. Today, Westfield-based safety products company IMMI does business around the globe and boasts a work force of more than 1,400.  And that number is about to get larger. "As we grow, we need talent, we need people to accomplish what we're trying to do," said Chief Executive Officer Larry Gray, during an interview on Inside INdiana Business Television.

    More
  • Life Sciences

    • Lilly Quarterly Profits Rise by 35 Percent

      Indianapolis-based Eli Lilly and Co. (NYSE: LLY) is reporting second quarter net income of more than $1 billion, compared to $748 million during the same quarter last year. Chief Executive Officer Dave Ricks calls revenue growth strong and says the second quarter results built on the momentum of new products in the company's portfolio including Trulicity and Taltz.

    • Whitestown Welcomes $50M Facility

      The chief executive officer of Pennsylvania-based AmerisourceBergen Drug Corp. says the company picked Whitestown for a nearly $50 million investment, in part, because it is "very proud and very pleased" about the work force it is able to attract there. The global health care company cut the ribbon this morning on the distribution facility, which Steven Collis says could ultimately employ up to 150.

    • USF Breaks Ground on $22.7M Projects

      Construction is underway on two projects at the University of Saint Francis. The $22.7 million in work includes a new St. Francis Chapel in the center of the Fort Wayne school's Spring Street campus and an expansion and modernization of Achatz Hall of Science. The projects will be funded through the ongoing Faith & Reason Campaign.

    More
  • Health

    • Patchen's Perspective on Sports Legends Experience

      The chief executive officer of the Children's Museum of Indianapolis says the $35 million Sports Legends Experience is coming together and will "get our arms around fitness" in a way they haven't before. Jeff Patchen says partnerships with major local sports teams, which he calls "content experts," have helped shape the 7.5 acres outdoor/indoor exhibit that is expected to be complete next August.

    • Holcomb: Shift From Obamacare to More State Control

      Governor Eric Holcomb is calling on federal lawmakers to work closely with states and give Indiana greater control over its health care subsidies. In an open letter to Hoosiers, Holcomb says the requests are a response to ever-changing debates and proposals related to Congressional Republican and Trump administration efforts to repeal or replace the Affordable Care Act.

    • Colts Team Physician to Step Down

      The longtime physician with the Indianapolis Colts has announced plans to step down. Arthur Rettig has served as the team's head team physician since 1999 and has been with the organization since its relocation to Indy in 1984. 

    More
  • Ag INnovation

    • Trump Taps McKinney For Federal Ag Post

      President Donald Trump says he will nominate Indiana State Department of Agriculture Director Ted McKinney to be Under Secretary for Trade and Foreign Agricultural Affairs. U.S. Secretary of Agriculture Sonny Perdue says McKinney's background will make him an "unapologetic advocate for U.S. products in the world marketplace."

    • Dow Agro CEO to Take New Gig in Omaha

      Nebraska-based Lindsay Corp. (NYSE: LNN) has named Tim Hassinger, president and chief executive officer of Indianapolis-based Dow AgroSciences LLC, its next president and CEO. Hassinger will succeed Rick Parod, who is retiring after 17 years with the irrigation, infrastructure and road safety equipment manufacturer. Hassinger took the lead role at Dow AgroSciences in 2014 and has been with the company for more than 30 years.

    • McKinney: Innovation Key to Hoosier Ag Future

      Indiana State Department of Agriculture Director Ted McKinney says if Indiana is going to be successful in growing its $31 billion ag sector, it must embrace innovation, "from before the farm gate to the consumer plate." Food and ag innovation is one of seven strategic priorities included in a recently-released, ten year strategic plan that McKinney says provides a comprehensive roadmap for the future, including job creation.

    More
  • IUPUI Appoints Assistant Vice Chancellor

    IUPUI has appointed Margie Smith-Simmons assistant vice chancellor for finance and administration. She currently serves as IU's spokesperson and assistant vice president for strategic communications.

  • The Julian Center Elects Board Chair

    The Julian Center has elected Anne Hathaway (pictured) board chair. The other officers include: Vice Chair: Phil Terry, CEO, Monarch Beverages; Secretary: Sara Manske-Powell, partner, Faegre Baker Daniels and Treasurer: Kathleen St. Louis, vice president and general auditor, Eli Lilly and Co.

  • Stratosphere Quality Names VP

    Stratosphere Quality has appointed Mike Heneghan vice president of information technology. He most recently served as senior IT director in project management and architecture for Herff Jones. Heneghan previously worked at IBM in various positions, such as a general territory sales representative, sales manager, professional development manager and a sales executive of global services.

  • Colts Long-Time Physician Rettig Stepping Down

    The Indianapolis Colts have announced that long-time Head Team Physician Arthur Rettig (pictured) is stepping down from his role to serve as emeritus associate team physician. He was the first physician to join the Colts upon the team's relocation to Indianapolis in 1984, and has served as head team physician since 1999. The Colts also named Dr. Thomas Klootwyk head team physician.

  • McCorkle to Lead TechPoint Board

    TechPoint has announced new leadership for its board of directors. Scott McCorkle (pictured), former chief executive officer of Salesforce Marketing Cloud, will become board chair, replacing Kelly Pfledderer, founder and former CEO of Apparatus. Glenda Akers, chief operating officer for Salesforce Marketing Cloud, and Kristina Lengyel, vice president of global professional services for Kronos Inc., will also join the board.

  • TOPP Performance Hires GM

    TOPP Performance Race Parts has hired Jeff Fuller as general manager. He previously served as national sales manager for two different high-performance racing spring companies. Fuller's industry experience includes open wheel cars, late models and drag cars.

  • Allison Transmission Makes Promotion, Appointment

    Allison Transmission Holdings Inc. has promoted G. Frederick Bohley (pictured) to vice president of finance, in addition to his role as treasurer. In March 2016, he was promoted to vice president. Also, Raymond Posadas has been appointed director of investor relations.

  • Bank of America Selects Market President in Indy

    Charlotte-based Bank of America Corp. has promoted Andy Crask to Indianapolis market president. He will also be market executive for business banking. Crask has held multiple relationship management positions with Bank of America, most recently as a senior relationship manager for the global commercial banking unit in the Midwest region.

  • CICF Hires Philanthropic Advisors

    Central Indiana Community Foundation has hired Marissa Nielsen and Heather Woock as philanthropic advisors. She previously worked as interim director of the Smithville Charitable Foundation. Woock previously served as a corporate editor for Anthem Inc. and is the current board secretary for Brooke's Place for Grieving Young People.

  • Lilly Endowment Names Vice Presidents

    Lilly Endowment has named Ben Blanton vice president and general counsel. He is a partner at Faegre Baker Daniels in Indianapolis. Peter Buck has been named vice president for investments. He is currently the endowment’s controller and director of diversified investments.

  • Hendrickson Leaves State Personnel Department

    Indiana State Personnel Department Director Brandye Hendrickson has been appointed deputy administrator of the Federal Highway Administration. Governor Eric Holcomb appointed Hendrickson INSPD director in January. Prior to that, she worked at the Indiana Department of Transportation in various roles since 2006—including INDOT commissioner from 2015 to 2017.

  • Roberts to Lead Innovation Efforts at IEDC

    The Indiana Economic Development Corp. has a new chief innovation officer. Dave Roberts, who previously served as president of the Battery Innovation Center at the WestGate @ Crane Technology Park, will oversee innovation and entrepreneurship efforts at the IEDC. He succeeds Ian Steff, who was appointed deputy assistant secretary of commerce for manufacturing by the Trump Administration in March.

  • IU Health Names CMO

    Pete Voss has been named chief medical officer for the IU Health East Central Region. He is an obstetrician/gynecologist by training, specializing in minimally invasive surgery including operative laparoscopy, DaVinci robotic surgery, gynecology and high-risk obstetrics. Voss earned his bachelor’s degree from Brown University and graduated with his MD from Indiana University School of Medicine.

  • IU South Bend Appoints Interim Dean

    Indiana University South Bend has appointed Hope Davis interim dean of the School of Education. She has taught multiple undergraduate and graduate courses and has served as chair for the departments of Secondary Education and Elementary Education and as program coordinator for Special Education. Davis previously taught literacy, special education and developmental reading at the University of Cincinnati.

  • Top Videos

    • Whitestown Welcomes $50M Facility

      The chief executive officer of Pennsylvania-based AmerisourceBergen Drug Corp. says the company picked Whitestown for a nearly $50 million investment, in part, because of the work force it will be able to attract there. The global health care company cut the ribbon this morning on the distribution facility, which Steven Collis says could ultimately employ up to 150.

    • IMMI's Growth

      Westfield-based IMMI, which designs, tests and manufactures a variety of advanced safety systems, is expanding its workforce. The global company is adding 55 full-time employees and is on track to do more $200 million this year. 

    • Soapy Soap Innovating Online Soap-Making Studio

      Bloomington-based Soapy Soap Co. has launched a one-of-a-kind online soap-making studio, which lets users customize their own soap. The startup has also been accepted into The Brandery, a prestigious, nationally-ranked tech business accelerator in Cincinnati.

    • Sports Legends Experience Taking Shape

      Progress is being made on an immersive outdoor, indoor sports park planned at the Children’s Museum of Indianapolis. We have an inside look at the massive, $35 million Sports Legends Experience and details on the new home for the National Art Museum of Sport.

    • Conexus Indiana Launches INvets

      Conexus Indiana has developed a first-of-its-kind program designed to connect Hoosier companies directly to veterans as they exit the military. INvets aims to help companies close the skills gap and provide vets with high-demand career opportunities.

    • HoosierGolfer One-Stop Shop for Indiana Golf

      Golf broadcaster and Indiana native Brian Hammons has created HoosierGolfer.com to bring comprehensive coverage to all golf played in Indiana. Here you’ll find: tournament coverage, course reviews, features, equipment reviews, lessons from some of the best golf instructors in the state and more.

    More
  • Most Popular Videos

    • IMMI CEO Talks Innovation and Growth

    • IMMI's Growth

      Westfield-based IMMI, which designs, tests and manufactures a variety of advanced safety systems, is expanding its workforce. The global company is adding 55 full-time employees and is on track to do more $200 million this year. 

Stocks

  • Perspectives

    • Annual Checkup Means Healthy Portfolio

      Everyone knows an annual physical is recommended for most adults. Seeing your doctor on a regular basis helps identify potential health problems before they become serious. Your investment portfolio needs an annual checkup, too. Just like your annual physical, a periodic review of your portfolio can help you avoid unpleasant surprises down the road and keep your financial strategy on track. Here are some tips for fine-tuning your financial checkup...

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  • Most Popular Stories

    • Hiring Sign Out at Westfield's IMMI

      It all began in 1961, with four employees and two sewing machines in downtown Indianapolis. Today, Westfield-based safety products company IMMI does business around the globe and boasts a work force of more than 1,400.  And that number is about to get larger. "As we grow, we need talent, we need people to accomplish what we're trying to do," said Chief Executive Officer Larry Gray, during an interview on Inside INdiana Business Television.

    • Cummins Expands Role of VP Casto, Makes Promotions

      Cummins Inc. has announced Vice President Carole Casto will lead Marketing Communications in addition to her Corporate Communications responsibilities. Also, Mahesh Narang has been promoted to vice president of Cummins emission solutions. Shon Wright has also been promoted to executive director and general manager of Cummins Turbo Technologies.

    • Whitestown Welcomes $50M Facility

      The chief executive officer of Pennsylvania-based AmerisourceBergen Drug Corp. says the company picked Whitestown for a nearly $50 million investment, in part, because it is "very proud and very pleased" about the work force it is able to attract there. The global health care company cut the ribbon this morning on the distribution facility, which Steven Collis says could ultimately employ up to 150.

    • Expansions Planned in Fort Wayne

      Several companies in Fort Wayne are looking to the Fort Wayne City Council for approval of tax abatement requests related to proposed expansions. Among them is a $7.5 million investment by Silverado Cook Properties LLC to nearly double the size of its 240,000 square-foot facility which houses nearly 500 Harris Corp. (NYSE: HRS) jobs.

    • DoubleTree GM Leaving Evansville

      The general manager of the recently-opened DoubleTree by Hilton convention hotel in Evansville has resigned. The Evansville Courier & Press reports Tracy Wiley, who came to Evansville in February 2016, will leave the hotel for another position outside of the area.