• (photo courtesy of our partners at The Times of Northwest Indiana)

    U.S. Steel to Invest Millions More Into Gary Works

    U.S. Steel Corp. (NYSE: X) has detailed plans for $35 million in additional investment to its Gary Works plant. The Pennsylvania-based company recently completed the $23 million first phase of its Hot Strip Mill Restoration Plan at the massive Lake County operation. The latest round of investment was announced Wednesday during its quarterly earnings report presentation and is part of a planned revitalization effort through 2020 totaling around $1.2 billion.

  • During a news conference this morning, Hogsett said the new programs are the latest in ongoing efforts to help displaced workers.

    Help on Way For Carrier Workers

    The city of Indianapolis is setting aside more than $1 million for transition assistance and hiring incentives for workers affected by Carrier Corp. layoffs. Mayor Joe Hogsett says companies that hire and retain a displaced Carrier worker for at least one year will be eligible for up to $1,000 in incentives. In addition, the city is offering up to $1,000 per impacted employee for transition assistance for expenses including transportation, childcare and work-related...

  • Perez Named Dean of Students at Goshen College

    Goshen College has named a new dean of students. Gilberto Perez Jr., who most recently served as senior director of intercultural development and educational partnerships at the college, succeeds Launa Leftwich, who stepped down after accepting a position with the Boys and Girls Club in Goshen.

  • "Good Bones" stars Karen Laine (left) and Mina Starsiak.

    'Good Bones' Gets a Third Season

    A popular home renovation show starring a mother-daughter duo from Indianapolis will return for a third season. HGTV has announced "Good Bones," starring Karen Lane and Mina Starsiak and is in the midst of its second season, will continue next year. 

  • (left to right) Lou Ann Baker and Jennifer Pittman

    OneAmerica Appoints Two

    Indianapolis-based OneAmerica Financial Partners Inc. has made two appointments to what Chief Executive Officer Scott Davison calls key outreach roles. The company has named Jennifer Pittman assistant vice president for community affairs and Lou Ann Baker public relations director. 

  • The main performance space will seat 2,200 patrons. (rendering courtesy IEDC)

    Work to Begin on Clyde Theatre Renovation

    Fort Wayne Mayor Tom Henry will Thursday help break ground on the renovation and expansion of the historic Clyde Theatre. The more than $5 million project, which will include a performance hall and two-story art gallery, is expected to be complete in early 2018.

  • Go Electric located recently to the Purdue Polytechnic facility.

    Battery Tech Startup on 'Cusp' of Bigger Things

    The chief executive officer of Anderson-based Go Electric Inc. says the solutions provider is "on the cusp of a major growth spurt." Lisa Laughner says a new, $1.7 million contract to provide a battery storage system for the microgrid at the Tooele Army Depot in Utah provides further validation for the startup. The deal with Perini Management Services Inc. is the second big defense-related contract for Go Electric.

  • Wabash National is headquartered in Lafayette, Indiana.

    Wabash National Profit Dips in Q2

    Lafayette-based Wabash National Corp. (NYSE: WNC) is reporting second quarter net income of $22.9 million, down from $35.5 million during the same period the previous year. Despite the drop, Chief Executive Officer Dick Giromini calls the results "solid." 

  • Culture Matters: Early Learning Indiana

    An Indianapolis-based nonprofit with roots that date back to the late-1800s is implementing some modern approaches to attracting and retaining talent. Our Culture Matters segment this month features Early Learning Indiana, which First Person Managing Director Paul Ashley says focuses on four core values to drive its employee culture, which include: strive for excellence, commit to supportive relationships, work together and treat everyone with respect.

  • 'Options Open' For Potential Anthem Mergers, Acquisitions

    Two months after a proposed $54 billion merger fell apart with Cigna Corp. (NYSE: CI), the chief executive officer of Indianapolis-based Anthem Inc. (NYSE: ANTM) says the insurance company will "keep options open" for other potential merger and acquisition opportunities. During a conference call with investors Wednesday morning, Joe Swedish said "broadly-speaking," growth through M&A is still a significant long-term strategy.

  • Tech

    • Battery Tech Startup on 'Cusp' of Bigger Things

      The chief executive officer of Anderson-based Go Electric Inc. says the solutions provider is "on the cusp of a major growth spurt." Lisa Laughner says a new, $1.7 million contract to provide a battery storage system for the microgrid at the Tooele Army Depot in Utah provides further validation for the startup. The deal with Perini Management Services Inc. is the second big defense-related contract for Go Electric.

    • Techshot Joins Effort to Improve Plant Growth in Space

      Greenville-based Techshot Inc. has joined with NASA and Florida-based Tupperware Brands Corp. (NYSE: TUP) to develop an improved system for growing plants on the International Space Station. The group's goal is to improve upon existing technologies while reducing the amount of time required by crew members to care for the growing plants. 

    • 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.

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  • Education

    • Perez Named Dean of Students at Goshen College

      Goshen College has named a new dean of students. Gilberto Perez Jr., who most recently served as senior director of intercultural development and educational partnerships at the college, succeeds Launa Leftwich, who stepped down after accepting a position with the Boys and Girls Club in Goshen.

    • Culture Matters: Early Learning Indiana

      An Indianapolis-based nonprofit with roots that date back to the late-1800s is implementing some modern approaches to attracting and retaining talent. Our Culture Matters segment this month features Early Learning Indiana, which First Person Managing Director Paul Ashley says focuses on four core values to drive its employee culture, which include: strive for excellence, commit to supportive relationships, work together and treat everyone with respect.

    • Grace College Partners With Global Ministry on New Degree

      Grace College & Seminary in Winona Lake has launched an associate's degree in ministry leadership. The program is a collaboration with Christian University GlobalNet, an online religious education certification platform. President Bill Katip says "we know that students are looking for this - that is why we developed the program." The degree will be comprised of 14 Grace College courses totaling 60 credit hours.

    More
  • Manufacturing & Logistics

    • U.S. Steel to Invest Millions More Into Gary Works

      U.S. Steel Corp. (NYSE: X) has detailed plans for $35 million in additional investment to its Gary Works plant. The Pennsylvania-based company recently completed the $23 million first phase of its Hot Strip Mill Restoration Plan at the massive Lake County operation. The latest round of investment was announced Wednesday during its quarterly earnings report presentation and is part of a planned revitalization effort through 2020 totaling around $1.2 billion.

    • Battery Tech Startup on 'Cusp' of Bigger Things

      The chief executive officer of Anderson-based Go Electric Inc. says the solutions provider is "on the cusp of a major growth spurt." Lisa Laughner says a new, $1.7 million contract to provide a battery storage system for the microgrid at the Tooele Army Depot in Utah provides further validation for the startup. The deal with Perini Management Services Inc. is the second big defense-related contract for Go Electric.

    • Wabash National Profit Dips in Q2

      Lafayette-based Wabash National Corp. (NYSE: WNC) is reporting second quarter net income of $22.9 million, down from $35.5 million during the same period the previous year. Despite the drop, Chief Executive Officer Dick Giromini calls the results "solid." 

    More
  • Life Sciences

    • German Subsidiary Growing in Whitley County

      Columbia City-based DOT America Inc. has announced plans to further expand operations in the Whitley County city. The company is proposing a $3.2 million investment to add to its current facility along with new equipment and a small number of jobs.

    • Lilly Oncology Taking 'Aggressive' Position

      The president of Lilly Oncology says the company has a "strong base" of existing and potential treatments to fuel a new strategy for its cancer-fighting pipeline. During a conference call with investors Tuesday morning, Sue Mahony said the company's oncology unit will be more aggressive in business development efforts, particularly when it comes to potential treatments in earlier stages "that clear a high bar."

    • 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 build on the momentum of new products in the company's portfolio including Trulicity and Taltz.

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  • Health

    • Good Samaritan Expanding Primary Care Services

      The board of governors for Good Samaritan Hospital in Vincennes has approved a purchase aimed at expanding the hospital's primary care clinic. The hospital is investing more than $300,000 to acquire the building, which will allow the clinic to offer more services to patients, including dental care and mental health services.

    • 'Options Open' For Potential Anthem Mergers, Acquisitions

      Two months after a proposed $54 billion merger fell apart with Cigna Corp. (NYSE: CI), the chief executive officer of Indianapolis-based Anthem Inc. (NYSE: ANTM) says the insurance company will "keep options open" for other potential merger and acquisition opportunities. During a conference call with investors Wednesday morning, Joe Swedish said "broadly-speaking," growth through M&A is still a significant long-term strategy.

    • German Subsidiary Growing in Whitley County

      Columbia City-based DOT America Inc. has announced plans to further expand operations in the Whitley County city. The company is proposing a $3.2 million investment to add to its current facility along with new equipment and a small number of jobs.

    More
  • Ag INnovation

    • Techshot Joins Effort to Improve Plant Growth in Space

      Greenville-based Techshot Inc. has joined with NASA and Florida-based Tupperware Brands Corp. (NYSE: TUP) to develop an improved system for growing plants on the International Space Station. The group's goal is to improve upon existing technologies while reducing the amount of time required by crew members to care for the growing plants. 

    • 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.

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  • Indy Chamber Hires Pearl as Director

    The Indy Chamber has hired international strategist Jennifer Pearl as director of international programs, a newly-created position that reflects the organization’s growing focus on global commerce as a regional economic priority. She was most recently based in Beijing, China as a senior consultant with North Head, a public affairs and strategic communications agency headquartered there.

  • OneAmerica Appoints Two

    OneAmerica has promoted Jennifer Pittman to assistant vice president for community affairs. She replaces Jim Freeman, who retired in May after 27 years with the company. Pittman previously served as communications director for the city of Indianapolis. Also, Lou Ann Baker has been named public relations director. She previously served as associate chief operating officer for workforce integration at the Indiana Department of Workforce Development.

  • St. Vincent Names Region President

    St. Vincent has promoted Dan Parod to president of its southwest region. He joined St. Vincent as chief operating officer of its southwest region in 2016 and began serving as the region’s interim president in February 2017. 

  • Youth Opportunity Center Hires CFO

    The Youth Opportunity Center in Muncie has hired Kimberly Burkholder as chief financial officer. She has 17 years of experience as a CPA for public accounting firms specializing in audits and financial statement preparation for nonprofit organizations and for-profit companies. Burkholder began her career at Katz, Sapper & Miller and spent the last 11 years at Estep*Doctor & Co. P.C. in Muncie. 

  • Goshen College Names Dean of Students

    Goshen College has named Gilberto Pérez dean of students. He has served as senior director of intercultural development and educational partnerships through Goshen College’s Center for Intercultural and International Education and has been a member of the college’s President’s Council since 2014.

  • Westfield Washington Schools Hires Two

    Westfield Washington Schools has added Mary Beth Riley as principal of Maple Glen Elementary and Brian Tomamichel as chief financial officer for the district. Riley most recently served as assistant principal of Noble Crossing Elementary. Tomamichel most recently served as CFO of the Mt. Vernon Community School Corp.

  • 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

    • Help on The Way For Carrier Workers

      The city of Indianapolis is setting aside more than $1 million for transition assistance and hiring incentives for workers affected by Carrier Corp. layoffs. Mayor Joe Hogsett says companies that hire and retain a displaced Carrier worker for at least one year will be eligible for up to $1,000 in incentives. In addition, the city is offering up to $1,000 per impacted employee for transition assistance to help with expenses including transportation and childcare.

    • New Aero Kit Part of Bigger INDYCAR Plan

      INDYCAR's president of competition and operations says he hopes the new universal aero kit unveiled today will help attract another official engine manufacturer to the series. Jay Frye says the design is part of a five-year plan that includes finding a third OEM to join Honda and Chevrolet. He says fan reaction has been positive on the new kits, which he believes combine modern technology with a "historical feel."

    • 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.

    More
  • Most Popular Videos

    • 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. 

    • Brownsburg Begins $80M Downtown Development

      Work is officially underway on the first piece of a planned $80 million investment in downtown Brownsburg. The city is partnering with Indianapolis-based Envoy Inc. and others on Elevate Office Suites, which includes more than 100 office suites and a coworking space. 

Stocks

  • Perspectives

    • Workplace Humor: Can It Help Your Business?

      Humor is one of those things in life that is wonderful when it works and awkward when it doesn’t. Just think of a time when a joke you told got a laugh from everyone in the room. Then compare it to another time when your wit was met with blank stares and offended looks. In the workplace, especially, humor has been blamed for some pretty big upsets, causing it to become a sensitive subject around the office. But research indicates that workplace laughter has its benefits.

    More

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  • Most Popular Stories

    • First Financial to Acquire MainSource For $1B

      Greensburg-based MainSource Financial Group Inc. (Nasdaq: MSFG) is merging with Ohio-based First Financial Bancorp (Nasdaq: FFBC) in a $1 billion deal. The companies say the merger will create a $13 billion institution. The combined operation will move forward under the First Financial name and be headquartered in Cincinnati. The banks call the merger "an ideal strategic, financial and operational fit" that will create a...

    • Ground Breaking Set For New YMCA

      The YMCA of Greater Indianapolis will Wednesday break ground on the $10 million OrthoIndy Foundation YMCA facility on the city's northwest side. The OrthoIndy Foundation landed the naming rights for the facility after making a $3 million donation toward construction in March 2016. 

    • Brownsburg Begins $80M Downtown Development

      Work is officially underway on the first piece of a planned $80 million overall investment in downtown Brownsburg. The city is partnering with Indianapolis-based Envoy Inc. and others on the Elevate Office Suites, which includes more than 100 office suites and a coworking space. Brownsburg Redevelopment Commission Vice President Troy Austin says the nearly $5 million project is the first step in an investment that will pay itself back "many times over."

    • New Hotel Already Seeing Impact

      The town of Whitestown says a new hotel is already contributing to the tourism industry in central Indiana. Officials will Wednesday cut the ribbon on the nearly $7 million Holiday Inn Express & Suites, which sold out in its first weekend of operation because of the Brickyard 400 and events at Grand Park in Westfield.

    • Workplace Humor: Can It Help Your Business?

      Humor is one of those things in life that is wonderful when it works and awkward when it doesn’t. Just think of a time when a joke you told got a laugh from everyone in the room. Then compare it to another time when your wit was met with blank stares and offended looks. In the workplace, especially, humor has been blamed for some pretty big upsets, causing it to become a sensitive subject around the office. But research indicates that workplace laughter has its benefits.