• (Graphic courtesy of the Indiana Department of Workforce Development.)

    Indiana Unemployment Rate Up a Tick

    Indiana's unemployment rate has risen slightly to 3.3 percent. The June report released by the Indiana Department of Workforce Development shows the labor force increased by nearly 15,000, compared to figures released a month ago. Private sector employment decreased by 2,500 from May to June, but the state says Indiana's labor force participation rate -- 64.6 percent -- is still lower than the national average of 62.9 percent.

  • (Image courtesy of FCA USA.)

    Fiat Chrysler Launching First-of-Its-Kind Clinic

    Fiat Chrysler Automobiles US LLC, which has five manufacturing facilities in Howard and Tipton counties, is partnering with Indianapolis-based St. Vincent Health on a new health and wellness center. FCA says it is the first domestic automaker to offer a near-site employee clinic. The "one-stop shop" is designed to deliver care to a workforce where some 40 percent do not have a primary care physician and often turn to emergency and urgent care facilities for primary...

  • The Port of Indiana-Burns Harbor runs along the Great Lakes-St. Lawrence Seaway System. (photo courtesy the Ports of Indiana.)

    Study Shows Indiana's Role in Maritime Shipping

    A new study shows Indiana is playing a key role in cargo shipping along the Great Lakes-St. Lawrence Seaway System. The study, conducted by Pennsylvania-based consulting firm Marin Associates, says cargo movements on the commercial waterway has the greatest impact on Indiana in terms of direct, induced and indirect jobs.

  • Devour Indy Restaurants Unveiled

    Devour Indy has released the list of restaurants participating in the Summerfest 2018 event, which kicks off next month. More than 100 Indianapolis-area restaurants are participating this year, including more than 10 new additions to the list. 

  • Fort Wayne to Host Adaptive Sports Junior Nationals

    Nearly 300 athletes and coaches will descend upon Fort Wayne for the 2018 Adaptive Sports USA Junior Nationals competition, which kicks off Sunday. The competition runs through Friday and will feature athletes participating in eight sports, including track & field, swimming, and powerlifting.

  • The 100,000-square-foot Ironworks Hotel Indy opened last year.

    Developers Complete Ironworks Infrastructure Project

    Developers of the $20 million Ironworks Hotel in Indianapolis continue to build out infrastructure around the prominent location. Hendricks Commercial Properties says a nearly $500,000 sidewalk and crosswalk project provides key connectivity between residential and commercial developments in the high-traffic area. Indianapolis Deputy Mayor of Community Development Jeff Bennett says the $460,000 project provides "essential connectivity between...

  • (rendering courtesy Ball State University)

    Ball State to Dedicate Practice Facility

    Ball State University will Saturday host a dedication ceremony for the $6.4 million Dr. Don Shondell Practice Center. The facility, named after the university's longtime volleyball coach, will serve as a dedicated space for volleyball and basketball practices.

  • 1st Source Bank Hits Record Profit

    South Bend-based 1st Source Corp. (Nasdaq SRCE) is reporting record second quarter net income of $22 million, up from $16.7 million during the same period last year. Chairman Christopher Murphy says the results are due to continued healthy growth in loans, leases and deposits.

  • (Image of the National Centralized Repository for Alzheimers Disease and Related Dementias Director Tatiana Foroud courtesy of the Indiana University School of Medicine.)

    IU Repository to Be 'Central' Player in Alzheimer's Fight

    The Indiana University School of Medicine has secured a grant that is expected to contribute $12 million toward a globally-accessible biological sample bank. The funding from the National Institute of Health will boost the size and scope of the National Centralized Repository for Alzheimer's Disease and Related Dementias in Indianapolis, which the school says is poised for a "central role" in developing effective Alzheimer's disease prevention techniques and treatments by...

  • (photo courtesy Purdue University)

    Purdue Professor, Wife Indicted For Fraud

    A Purdue University professor and his wife have been indicted on federal fraud charges. U.S. Attorney Thomas Kirsch's office says Qingyou Han and Lu Shao are accused of hatching a scheme to defraud the National Science Foundation. 

  • Tech

    • (Image courtesy of Butler University.)

      New Butler Degree Targets Key Insurance Industry Need

      Butler University has announced a new online master's degree it says is among the first of its kind in the U.S. The Master of Science in Risk and Insurance program will launch in January and will help fill a workforce need the university says will rise to 400,000 new employees by 2020. The two-year program will require two "in-residence experiences" on the Indianapolis campus and in Bermuda, which is considered "the world's risk capital."

    • Funding Boosts Kenzie Academy Growth

      A $4.2 million investment round has tech training school Kenzie Academy Inc. gearing up for growth. The company, which is headquartered in San Francisco and has its first campus in Indianapolis, is looking to expand its learning tracks and, eventually, its number of campuses. Co-founder Chok Ooi says Kenzie Academy oversubscribed on its second seed stage of funding and actually had to ask some investors to dial down their backing. In an interview with Inside INdiana Business, Ooi said...

    • Tech Apprenticeship Company Scores $4.2M

      Kenzie Academy Inc., a technology industry apprenticeship program that has its first campus in Indianapolis, has received a $4.2 million seed round of funding. The company uses what it calls a "college-alternative" model that involves a year of immersive learning and a year of paid work at its consulting subsidiary, Kenzie Studio. Kenzie Academy says the investment, led by New York-based ReThink Education and supported by...

    More
  • Education

    • Indiana Unemployment Rate Up a Tick

      Indiana's unemployment rate has risen slightly to 3.3 percent. The June report released by the Indiana Department of Workforce Development shows the labor force increased by nearly 15,000, compared to figures released a month ago. Private sector employment decreased by 2,500 from May to June, but the state says Indiana's labor force participation rate -- 64.6 percent -- is still lower than the national average of 62.9 percent.

    • (rendering courtesy Ball State University)

      Ball State to Dedicate Practice Facility

      Ball State University will Saturday host a dedication ceremony for the $6.4 million Dr. Don Shondell Practice Center. The facility, named after the university's longtime volleyball coach, will serve as a dedicated space for volleyball and basketball practices.

    • IU Repository to Be 'Central' Player in Alzheimer's Fight

      The Indiana University School of Medicine has secured a grant that is expected to contribute $12 million toward a globally-accessible biological sample bank. The funding from the National Institute of Health will boost the size and scope of the National Centralized Repository for Alzheimer's Disease and Related Dementias in Indianapolis, which the school says is poised for a "central role" in developing effective Alzheimer's disease prevention techniques and treatments by...

    More
  • Manufacturing & Logistics

    • Study Shows Indiana's Role in Maritime Shipping

      A new study shows Indiana is playing a key role in cargo shipping along the Great Lakes-St. Lawrence Seaway System. The study, conducted by Pennsylvania-based consulting firm Marin Associates, says cargo movements on the commercial waterway has the greatest impact on Indiana in terms of direct, induced and indirect jobs.

    • Indiana Unemployment Rate Up a Tick

      Indiana's unemployment rate has risen slightly to 3.3 percent. The June report released by the Indiana Department of Workforce Development shows the labor force increased by nearly 15,000, compared to figures released a month ago. Private sector employment decreased by 2,500 from May to June, but the state says Indiana's labor force participation rate -- 64.6 percent -- is still lower than the national average of 62.9 percent.

    • Rolls-Royce Lands Air Force Contract

      The U.S. Department of Defense has awarded a $25.8 million contract to Rolls-Royce Corp. in Indianapolis. The contract calls for long-term propulsion sustainment services for the U.S. Air Force.

    More
  • Life Sciences

    • Indiana Unemployment Rate Up a Tick

      Indiana's unemployment rate has risen slightly to 3.3 percent. The June report released by the Indiana Department of Workforce Development shows the labor force increased by nearly 15,000, compared to figures released a month ago. Private sector employment decreased by 2,500 from May to June, but the state says Indiana's labor force participation rate -- 64.6 percent -- is still lower than the national average of 62.9 percent.

    • IU Repository to Be 'Central' Player in Alzheimer's Fight

      The Indiana University School of Medicine has secured a grant that is expected to contribute $12 million toward a globally-accessible biological sample bank. The funding from the National Institute of Health will boost the size and scope of the National Centralized Repository for Alzheimer's Disease and Related Dementias in Indianapolis, which the school says is poised for a "central role" in developing effective Alzheimer's disease prevention techniques and treatments by...

    • Grace College Dialing in Liberal Arts, STEM Mix

      The president of Grace College says the Winona Lake institution is being more intentional about blending traditional liberal arts offerings with "a vocational direction." Bill Katip says new programs and major investments focusing on science -- such as the $8 million Dr. Dane A. Miller Science Complex, which is set to open next week -- represent "the changing face, but also the reality," of providing a modern liberal arts education.

    More
  • Health

    • Fiat Chrysler Launching First-of-Its-Kind Clinic

      Fiat Chrysler Automobiles US LLC, which has five manufacturing facilities in Howard and Tipton counties, is partnering with Indianapolis-based St. Vincent Health on a new health and wellness center. FCA says it is the first domestic automaker to offer a near-site employee clinic. The "one-stop shop" is designed to deliver care to a workforce where some 40 percent do not have a primary care physician and often turn to emergency and urgent care facilities for primary...

    • IU Repository to Be 'Central' Player in Alzheimer's Fight

      The Indiana University School of Medicine has secured a grant that is expected to contribute $12 million toward a globally-accessible biological sample bank. The funding from the National Institute of Health will boost the size and scope of the National Centralized Repository for Alzheimer's Disease and Related Dementias in Indianapolis, which the school says is poised for a "central role" in developing effective Alzheimer's disease prevention techniques and treatments by...

    • Health Ed Company Expanding in Carmel

      Carmel-based Orbis Education has announced plans to expand its corporate office. The healthcare education company is not disclosing financial details of the expansion, but says record employee growth has necessitated the move. 

    More
  • Ag INnovation

    • Study: Hoosier Wine Industry Keeps Growing

      A new study shows Indiana's wine and grape industry is continuing its forward momentum. The report, commissioned by the Indiana Wine Grape Council, Purdue University Wine Grape Team and the Indiana Winery and Vineyard Association, says the industry generated $604 million in economic impact in 2016.

    • Trump Nominates Indiana Farm Exec For Ambassador Post

      The chief executive officer of Leesburg-based Tom Farms LLC has been nominated by President Donald Trump for a globally-focused agricultural appointment. Kip Tom, who is also a managing member of the large-scale seed producer and grain commodity production business, is being recommended to be U.S. ambassador to the United Nations Agencies for Food and Agriculture at the Department of State. Tom has served on the boards of directors for...

    • Bee species found in Avon

      Nature Preserve Finds Rare Bee in Avon

      Burnett Woods Nature Preserve in Avon has identified a species of bee rarely found in the eastern united states on their grounds. The bee is the first of its kind in the state of Indiana. The park attributes the bee sighting to a well-kept habitat that is boosting the number of pollinators in central Indiana.

    More
  • Donna Walker

    Hoosier Energy Names Next CEO

    Bloomington-based Hoosier Energy Rural Electric Cooperative Inc. has selected Donna Walker as its next president and chief executive officer. Walker, who currently serves as chief financial officer, will begin her new role November 13. Walker has been with Hoosier Energy since 1995. She will succeed Steve Smith, who is retiring from the organization after 25 years.

  • Andrea Jarrett

    The Farmers Bank Promotes Jarrett to Mortgage Loan Officer

    The Farmers Bank has promoted Andrea Jarrett to mortgage loan officer. She has been with the bank since 2000. Jarrett most recently served as home loan specialist. She has also served as mortgage loan processer and worked part-time as a Teller at the Mulberry Office.

  • Cindy Cavanaugh

    Cavanaugh Promoted to VP of The Excel Centers

    Goodwill LEADS Inc. has promoted Cindy Cavanaugh to vice president for The Excel Centers. She previously served as director of the Hammond Excel Center.  Her background includes nine years with the School City of Hammond, serving as interim dean of students, a Training Accreditation Programme “TAP” mentor teacher and English Department chair.

  • Jim Parham

    Hirons Names Parham CEO

    Indianapolis-based Hirons has promoted Jim Parham to chief executive officer. Tom Hirons will move to a chairmanship role. Parham specializes in crisis communications and environmental expertise for a wide array of clients. Both his undergraduate and graduate degrees are in environmental sciences, journalism and public affairs.

  • Elizabeth Tavitas

    Judge Tavitas Appointed to Appeals Court Bench

    Lake County Superior Court Judge Elizabeth Tavitas has been selected by Governor Eric Holcomb to serve on the Indiana Court of Appeals. She will succeed Judge Michael Barnes, who retired last month after 18 years on the bench. Tavitas joined the Lake County Superior Court in 2006 following an appointment by then-Governor Mitch Daniels. Tavitas said "I'm humbled by the opportunity to serve the State of Indiana on the Court of Appeals.

  • Marina Hadjioannou Waters

    LUNA Language Services Names President

    Indianapolis-based LUNA Language Services has promoted Marina Hadjioannou Waters to president. She previously served as chief operations officer and has been with the company since 2007. Also, Kelly Wright has been appointed head of operations and Stevie Cromer has been promoted to cultural and enrichment manager, partner liaison.

  • Brian Madison

    Hogsett Appoints Director

    Mayor Joe Hogsett has appointed Brian Madison director of business and neighborhood services. He previously served as deputy director of property and land use services. He also previously served Indianapolis neighborhoods as director of development for the Indianapolis Housing Agency, assistant administrator for the Department of Metropolitan Development and Mayor’s Neighborhood Liaison under Mayor Peterson.

  • Jeffrey Mittman and Lise Pace

    Bosma Enterprises Makes Hire, Promotion

    Bosma Enterprises has named Master Sgt. (Ret.) Jeffrey Mittman chief operating officer. He previously held positions at the Defense Finance and Accounting Services and National Industries for the Blind leveraging. Mittman served for 21 years in the United States Army, including four combat tours. Also, Lise Pace has been promoted to vice president of marketing and advocacy. She started with the organization as a volunteer in 2008.

  • David Bathe

    Ivy Tech Chancellor Appointed VP For National Board

    Ivy Tech Community College Lafayette Chancellor Dr. David Bathe has been appointed vice president of finance for the National Council for Workforce Education. As an affiliate council of the American Association of Community Colleges, NCWE provides a national forum for administrators and faculty in workforce education and basic skills. Bathe joined the NCWE board in June 2017.

  • Kim Graham Lee

    IWL Appoints New CEO

    Integrating Women Leaders Foundation has appointed Kim Graham Lee chief executive officer. The announcement comes ahead of the organization’s ninth annual IWL Women’s Leadership Conference taking place August 28. As a key contributor to the growth of IWL since 2011, Graham Lee is transitioning from long-standing IWL board member to the role of CEO. In addition to time spent as a board member, she has also served as a conference chair and conference emcee for events.

  • Catherine Williams

    Indiana State Museum And Historic Sites Hires Director

    The Indiana State Museum and Historic Sites has hired Catherine Williams as a site manager for Lanier Mansion State Historic Site. She previously worked as a marketing and sales manager for SERVPRO of Northwest San Antonio, where she developed marketing, sales, social media and advertising strategy.

  • Bruce Stahly

    Stahly Named Goshen College Board Chair

    Goshen College's board of directors has a new chair. Bruce Stahly, a 1967 Goshen College graduate and former superintendent of Goshen Community Schools, began his new role this month. He succeeds Conrad Clemens, a professor of pediatrics and public health and associate dean for graduate medical education at the University of Arizona College of Medicine.

  • Top Videos

    • Funding Boosts Kenzie Academy Growth

      A $4.2 million investment round has tech training school Kenzie Academy Inc. gearing up for growth. The company, which is headquartered in San Francisco and has its first campus in Indianapolis, is looking to expand its learning tracks and, eventually, its number of campuses. Co-founder Chok Ooi says Kenzie Academy oversubscribed on its second seed stage of funding and had to ask some investors to dial down their backing.

    • Tariffs, NAFTA Potential Impact on Indiana

      Will new tariffs trigger a trade war and if so, what Hoosier industries stand to be most affected? Cummins CEO Tom Linebarger and the Indy Chamber’s Maureen Krauss weigh-in on what might be ahead.

    • Studio Science's New Leader

      Studio Science helps solve business problems through design. Its customers include big wigs like Exact Target, Interactive Intelligence and Angie's List. New CEO Steve Pruden explains why it’s the tech sector's best kept secret and growth plans.

    • Telamon Growing Footprint Abroad

      One of the largest private-held companies in Indiana is growing its footprint abroad. Telamon Corp is opening a new manufacturing in Macedonia. CEO Stanley Chen talks about expanding to Europe, updating its Carmel HQ and a wireless acquisition.

    • Purdue Breaks Giving, Research Records

      The cash register is humming at Purdue University after setting records for giving and research funding. Leadership discuss what’s behind the big numbers.

    • FirstLight Addressing Growing 'Aging in Place' Trend

      Indiana’s elderly population is expected to jump from nearly 15 percent to more than 20 percent by 2035. FirstLight Home Care explains the challenges as the trend of “aging in place” grows. 

    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

    • Job Insights For The Third Quarter

      To provide accurate and timely employment forecasts for business leaders, Express Employment Professionals International Headquarters conducts an ongoing Job Insights survey to track quarterly hiring trends across a wide range of industries. Express surveyed business owners, decision makers, and human resource professionals about the overall hiring trends in their markets and how they impact their hiring decisions. Overall confidence remains high going into the second half of 2018.

    More

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  • Most Popular Stories

    • Purdue Professor, Wife Indicted For Fraud

      A Purdue University professor and his wife have been indicted on federal fraud charges. U.S. Attorney Thomas Kirsch's office says Qingyou Han and Lu Shao are accused of hatching a scheme to defraud the National Science Foundation. 

    • Maureen Krauss (pictured left) is chief economic development officer at the Indy Chamber and Tom Leinbarger (pictured right) is chief executive officer at Cummins Inc.

      Indiana Businesses Fret Potential Trade War

      As a potential trade war looms over recently-imposed tariffs on China, Indiana businesses are expressing concern about the fallout. It is estimated that global trade supports more than 800,000 jobs in Indiana, many of those in the manufacturing and agriculture sectors. In 2016, Columbus-based Cummins Inc. sold more than 500,000 engines in China. Chief Executive Officer Tom Linebarger says the company's global footprint generates jobs and investment in Indiana.

    • The fund was first announced as part of Holcomb's Next Level Agenda. (Image courtesy of the state of Indiana.)

      Next Level Fund Makes First Investments

      Governor Eric Holcomb’s office says the Next Level Indiana Trust Fund has made its first two funding commitments. The fund, created by the Indiana General Assembly in 2017, has awarded a total of $21.5 million to Indianapolis-based High Alpha Capital and Colorado-based Foundry Group.

    • Fiat Chrysler Launching First-of-Its-Kind Clinic

      Fiat Chrysler Automobiles US LLC, which has five manufacturing facilities in Howard and Tipton counties, is partnering with Indianapolis-based St. Vincent Health on a new health and wellness center. FCA says it is the first domestic automaker to offer a near-site employee clinic. The "one-stop shop" is designed to deliver care to a workforce where some 40 percent do not have a primary care physician and often turn to emergency and urgent care facilities for primary...

    • and Lise Pace

      Bosma Enterprises Makes Hire, Promotion

      Bosma Enterprises has named Master Sgt. (Ret.) Jeffrey Mittman chief operating officer. He previously held positions at the Defense Finance and Accounting Services and National Industries for the Blind leveraging. Mittman served for 21 years in the United States Army, including four combat tours. Also, Lise Pace has been promoted to vice president of marketing and advocacy. She started with the organization as a volunteer in 2008.