• (photo courtesy of Visit Bloomington)

    Bloomington Launching 'Year of Food' Campaign

    A year-long campaign from the city of Bloomington aims to promote food equity in the city and economic opportunities for local farmers. The city is launching the "Year of Food" campaign, which is part of an effort to reach several goals outlined in its Sustainability Action Plan. Autumn Salamack, assistant director of sustainability in Bloomington, says the city wants to make sure its strong local food movement and farming community have ongoing opportunities to grow and...

  • (photo courtesy of Idea Co-op)

    'Unique' Coworking Space Opens in Greenfield

    A new coworking space in Hancock County aims to fill an underserved need in east central Indiana. Idea Co-op features a traditional indoor coworking area, along with 36 acres of outdoor space that can be used by members. The coworking space is operated by Greenfield-based NineStar Connect and director of business and economic development Jill Snyder says the outdoor aspect makes it a unique concept for the region.

  • (Image courtesy of Vectren Corp.)

    Vectren Merger Clears Key Hurdle

    The $6 billion merger between Texas-based CenterPoint Energy Inc. (NYSE: CNP) and Vectren Corp. (NYSE: VVC) in Evansville is one step closer to completion. The Indiana Utility Regulatory Commission has issued its final order on the deal, which CenterPoint says satisfies one of the two remaining conditions for closing the transaction. The merger agreement was first announced in April. CenterPoint says it now awaits the final order from the Public Utilities Commission of Ohio and...

  • Former Lilly CFO Seeks Spot on Disney Board

    The Walt Disney Company (NYSE: DIS) Board of Directors has named  Derica W. Rice, previously executive vice president of global services and chief financial officer for Eli Lilly and Company, as a  nominee to stand for election as a director at Disney’s annual meeting on March 7, 2019. 

  • Local Officials Interested in Elder-Beerman Property Auction

    Officials in Richmond are looking at the possibility of purchasing the former Elder-Beerman property in the city's downtown. Wayne County Commissioner Ken Paust tells the Palladium-Item local leaders are hoping to avoid a situation similar to the former Reid Hospital site, which fell into severe disrepair for years before recently being torn down.

  • Chaucie’s Place Announces Name Change

    Chaucie’s Place has announced a name change to the Indiana Center for Prevention of Youth Abuse and Suicide. The local nonprofit specializing in the prevention of youth abuse and suicide will also debut a a new logo and updated website.  

  • Photo Courtesy of Indiana National Guard

    Indiana National Guard Names New Commander

    Colonel Patrick C. Thibodeau has been named commander of the 81st Troop Command. In this role, he will oversee more than 2,200 soldiers. 

  • Innovation Network Announce $10M Fund Opportunity

    The Wabash Heartland Innovation Network is beginning the first of five rounds of funding through its Regional Cultivation Fund. The fund will award up to $100,000 per planning grant, and up to $1 million per impact grant award (with 30 percent match required) to projects that improve the region.

  • Sweetwater broke ground on a $76 million expansion in October. (photo courtesy of Governor Eric Holcomb's office)

    Sweetwater Touts Record Year

    Fort Wayne-based Sweetwater is celebrating another record year in 2018. The online music retailer says total sales reached $725 million, a 17 percent increase over the previous record-breaking year. Sweetwater says its also added nearly 400 employees during the same time period.

  • BASi Names New CEO

    West Lafayette-based Bioanalytical Systems Inc. (Nasdaq: BASI) has selected Robert Leasure as president and chief executive officer. Leasure, who most recently served as managing partner and president of management consulting firm LS Associates LLC in Kentucky, will also become a member of the company's board of directors.

  • Tech

    • Kenzie Graduates First-Ever Cohort

      Kenzie Academy has graduated it’s first-ever cohort of students. Eleven graduates received a joint certificate from the Indianapolis-based coding school and Butler University’s Executive Education program. "They are on their pathway to do good work," said Kenzie Co-Founder and Chief Executive Officer Chok Ooi. "Half the class has already received full-time job offers, and they are getting jobs ranging from $50,000 a year to $70,000 ...

    • Purdue Touts Milestone For Startups

      Purdue University is celebrating a milestone in startup creation reached last year. The university says it has reached 223 startups with more than $350 million in funding and investments generated, as well as more than 300 new jobs. In an interview with Inside INdiana Business, Purdue Research Foundation Vice President of Entrepreneurship and Placemaking Greg Deason said the rise in startup activity followed a challenge by President Mitch Daniels shortly after he took office.

    • Olio Launches National Tech Platform

      Carmel-based tech startup Olio has officially launched its software platform nationwide. The company's software aims to digitally connect hospital and physician teams with post-acute providers in an effort to close the communications gap and provide more coordinated care for patients.

    More
  • Education

    • Purdue Names Associate Dean for College of Agriculture

      The former leader of Purdue's Department of Agricultural and Biological Engineering has been named associate dean of research and graduate education for Purdue's College of Agriculture. Bernie Engel led the ABE to several number one rankings for undergraduate and graduate programs over the last decade. Engel joined the faculty in 1988 and was appointed department head of ABE in 2005, and undergraduate enrollment has nearly doubled 

    • Holcomb Unveils Teacher Pay Plan in State of The State

      Governor Eric Holcomb used his third State of the State address to unveil a plan to increase teacher pay. He called on legislators to use money from the state's reserves to pay off pension liabilities in a move he says will save all local schools $140 million over the next two years, and more in the following years. He says school districts should "allocate 100 percent of the $140 million to increasing teacher paychecks." In his speech, Holcomb also announced the...

    • Holcomb Set For 'Next Level' State of The State

      Governor Eric Holcomb will tonight shine a spotlight on his Next Level Agenda in his annual State of the State Address at the Statehouse. Holcomb is expected to detail plans in areas including infrastructure, education and the drug epidemic. During an interview with Inside INdiana Business Reporter Mary-Rachel Redman, WIBC Statehouse Bureau Chief Eric Berman said the address could include some surprises as well. The address is set for 7:00 this evening. Holcomb unveiled his...

    More
  • Manufacturing & Logistics

    • Grant Offers Addiction Education to State's Largest Industry

      The Rx Abuse Leadership Initiative (RALI) Indiana today awarded a $45,000 grant to the Indiana Manufacturers Association (IMA) to equip Indiana’s largest industry with new resources in its response to opioid misuse and the addiction crisis. The grant will fund addiction education and other tools that will allow Indiana employers to further aid employees possibly affected by the epidemic. 

    • Saturn Petcare Makes Vigo County Move Official

      Germany-based Saturn Petcare Inc. has officially announced plans to establish its first U.S. operations in Vigo County. The Indiana Economic Development Corp. says the pet food manufacturer will invest more than $38 million to purchase, renovate and equip a more than 350,000-square-foot facility in the Vigo County Industrial Park II and create up to 200 jobs by 2024. The facility will initially house production of wet pet food for cats and dogs. Production is slated to begin...

    • Jobs Announcement Set For Vigo County

      Governor Eric Holcomb will Friday join local officials to celebrate plans by Germany-based Saturn Petcare to establish its first U.S. facility in Vigo County. The event in Terre Haute will also include details about new jobs expected to be created by the pet food manufacturer.

    More
  • Life Sciences

    • Cook Medical Partnering on Snoring Device

      Bloomington-based Cook Medical has announced a sales and marketing agreement with Zelegent Inc. in California. Cook says the partnership aims to enhance treatment options for patients suffering from snoring.

    • Lilly Announces $8B Acquisition

      Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced an $8 billion deal to acquire Loxo Oncology in Connecticut. Lilly says the deal adds precision medicines to its oncology portfolio through Loxo's pipeline of medicines for patients with certain types of cancers. The Indy drugmaker says the acquisition would be the largest in its ongoing effort to strengthen its cancer treatment portfolio. Loxo's pipeline is focused on cancers that involve single gene abnormalities that can...

    • Commission OKs Two Indy West Side Projects

      The Indianapolis Metropolitan Development Commission has approved tax abatement for two projects on the city's west side totaling nearly $11.5 million. According to documents filed with the city, the developments would create and retain nearly 60 jobs. Indianapolis-based Sentry Ventures LLC is planning to invest nearly $9 million to build and equip a 30,000-square-foot addition to its existing facility and Japan-based Ryoei USA Inc. is looking to invest $2.5 million to build a...

    More
  • Health

    • Gahan to Cut Ribbon at Purple Pearl Skin and Beauty

      New Albany Mayor Jeff Gahan will cut the ribbon during the grand opening ceremony of Purple Pearl Skin and Beauty on January 17. The medical spa and cosmetic aesthetic center will host the event, starting at 11:30 a.m. and continuing all day.

    • Indy Healthcare Provider Acquired

      Colorado-based Paladina Health has announced its acquisition of another healthcare provider in Indianapolis. Financial terms of the deal for Activate Healthcare have not been disclosed. Activate Healthcare provides customized services to employers and unions for preventative and primary medical care.

    • Holcomb Set For 'Next Level' State of The State

      Governor Eric Holcomb will tonight shine a spotlight on his Next Level Agenda in his annual State of the State Address at the Statehouse. Holcomb is expected to detail plans in areas including infrastructure, education and the drug epidemic. During an interview with Inside INdiana Business Reporter Mary-Rachel Redman, WIBC Statehouse Bureau Chief Eric Berman said the address could include some surprises as well. The address is set for 7:00 this evening. Holcomb unveiled his...

    More
  • Ag INnovation

    • 'Unique' Coworking Space Opens in Greenfield

      A new coworking space in Hancock County aims to fill an underserved need in east central Indiana. Idea Co-op features a traditional indoor coworking area, along with 36 acres of outdoor space that can be used by members. The coworking space is operated by Greenfield-based NineStar Connect and director of business and economic development Jill Snyder says the outdoor aspect makes it a unique concept for the region.

    • Fort Wayne Farm Show Celebrating 30 Years

      More than 400 exhibitors will take part in the 30th annual Fort Wayne Farm Show, which kicks off Tuesday. Show Director Fred Cline says the event is the largest farm show in Indiana and up to 35,000 people are expected to attend this year. He says the variety of agriculture represented in the region continues to make Fort Wayne an attractive spot for the event that draws not only regional dealers, but representatives from various manufacturers.  In an interview with...

    • Gift to Purdue Will Endow Faculty Chair

      A gift to the Purdue University Department of Agricultural Economics will endow a faculty chair and help support student learning opportunities. Nonprofit Clearing Corporation Charitable Foundation donated $1.5 million to create the endowment for the Clearing Corporation Charitable Foundation Chair in Food and Agricultural Marketing and a fund to support students. The $1 million gift toward the chair will be matched by the College of Agriculture Endowed Chair Challenge Matching Gift P...
    More
  • Bob Jones and Jim Ryan

    Jones to Retire as Old National CEO

    Evansville-based Old National Bancorp has announced Chief Executive Officer Bob Jones will retire in May, after 14 years with the bank. Chief Financial Officer Jim Ryan, who has been with Old National since 2000, will succeed Jones. Jones will continue to serve as Old National's chairman of the board through January 2020.

  • John Dietzen

    Lake City Bank Adds to Commercial Banking Team

    Lake City Bank has added John Dietzen as vice president, commercial banking officer. He works with businesses in Indianapolis and surrounding areas to provide financing and banking solutions for commercial clients. He has 30 years of experience in financial services.

  • Rick Schatz

    HRI Lodging Appoints GM

    HRI Lodging has appointed Rick Schatz general manager for the dual-branded Hyatt Place and Hyatt Hotel in downtown Indianapolis. He previously served as the resort manager of the Ocean Edge Resort and Golf Club in Massachusetts and served as director of operations at Le Meridien New Orleans.

  • Bernie Engel

    Purdue Names Associate Dean For College of Ag

    The former leader of Purdue's Department of Agricultural and Biological Engineering has been named new associate dean of research and graduate education for Purdue's College of Agriculture. Bernie Engel led the ABE to several number one rankings for undergraduate and graduate programs over the last decade.

  • Craig McCartt

    Command Staff Change at IMPD

    Indianapolis Metropolitan Police Department Chief Bryan Roach has made a command staff change to help build support for East District officers and detectives who respond to and investigate violent crimes. 24-year IMPD veteran Craig McCartt has been appointed commander of the East District. 

  • Luke Messer

    Former Congressman Joins Consulting Firm in D.C.

    Luke Messer, a former U.S. Congressman from Indiana’s Sixth District, has joined Faegre Baker Daniels Consulting as a principal in Washington, D.C. Messer will lead the firm’s bipartisan federal advocacy team with FaegreBD principal Ted Bristol. Messer will advise businesses and others nationwide on federal regulatory and policy developments in his new role.

  • TradeRev Makes Hires, Promotions

    TradeRev has hired Kayne Grau (pictured) as executive vice president, U.S. and commercial sales. Keith Crerar (pictured) has been named executive vice president of global operations. Also, Kathy Hopkins has been promoted to vice president of sales and Will Farmer has been promoted to vice president of sales.

  • Dave Strantz and Derek Heim

    Collective Alternative Hires Two

    Indianapolis-based Collective Alternative has hired Dave Strantz as director of account services and Derek Heim as content specialist. Strantz previously served as digital media specialist and project manager for Ball State University. He has more than 20 years of communications and account management experience in agency and nonprofit sectors. Heim is pursuing a Bachelor of Science in public relations at Ball State University and is set to graduate in May.

  • Candice Hall and Tony Richins

    Girl Talk Adds to Board

    Girl Talk Inc. has added Candice Hall and Toni Richins to its board of directors. Hall will hold the board position of financial advisor. She serves as commercial finance and channel development director with Stanley Security. Also, Toni Richins will hold the board position of strategy advisor. She is co-founder and chief executive officer for HRtisan Solutions LLC.

  • Michael Klitzing

    Carmel Clay Parks & Recreation Names Director

    Carmel Clay Parks & Recreation has a new director. Michael Klitzing has been chief operating officer for CCPR since 2004 and will transition into the role of director effective immediately. In his new role, Klitzing will manage the general operations of CCPR. He will serve on the City of Carmel Technical Advisory Committee.

  • Aaron Hurt

    Butler Arts Center Names Executive Director

    The Butler Arts Center has promoted Aaron Hurt to executive director. He has served as interim executive director since August. Hurt graduated from Butler with a bachelor of science degree in arts administration - music. After graduating, Hurt worked for the Indianapolis Children’s Choir, the Chicago Children’s Choir, and then made his way back to Butler in 2013, as part-time manager of the Schrott Center.

  • Elizabeth Head

    International School of Indiana Names Head of School

    The International School of Indiana has named Elizabeth Head the third head of school and the first female head in the school’s 25-year history. She has more than 20 years of international experience and bilingual leadership, building on ISI’s mission to prepare their students for the world stage through a culturally immersive education. Head most recently served as general director of the Pan-American School in San Antonio de Belen, Costa Rica.

  • William Turner

    'Skillful' Program Names Executive Director

    The recently-launched Skillful Indiana program has named its first leader. William Turner, who previously led education and development efforts for Indianapolis-based Allison Transmission Holdings Inc., will serve as executive director.  Turner also serves as chair of the EmployIndy Workforce Development Board.

  • Top Videos

    • Kenzie Graduates First-Ever Cohort

      Kenzie Academy has graduated it’s first-ever cohort of students. Eleven graduates received a joint certificate from the Indianapolis-based coding school and Butler University’s Executive Education program.

    • Schellinger: Indiana, Israeli Partnership 'Mutually-Beneficial'

      Indiana's Secretary of Commerce says the latest step in a collaborative effort between Indiana and Israel will have a mutually-beneficial effect. The Indiana Economic Development Corp. and the Israel Innovation Authority have issued a Request for Proposals inviting businesses in both areas to submit joint research projects focusing on the agbiosciences and cybersecurity sectors

    • Indiana Forward Launches Push for Hate Crimes Law

      Business, nonprofit, education and faith leaders have launched, Indiana Forward, a coalition to push for a hate crimes law in this year's legislative session. Indiana remains one of five states without a specific hate crimes law and now is the time the state must send a clear message that "Indiana is a safe place in which to live, work and do business."

    • Allos Leadership Talks Latest Funding, Tech Landscape

      Indianapolis-based venture capital firm Allos Ventures has announced the first close of its latest fund, Allos III. Co-founder and managing Partner Don Aquilano explains where some of the $40 million in capital is already committed.

    • AIM Targeted on Indiana Investment Hubs

      Some suggest that Indiana cities and towns are competing, while peers nationally are collaborating…the CEO of Accelerate Indiana Municipalities or AIM and Fishers Mayor Scott Fadness explain the push to create Investment Hubs.

    • Trendiana: DIY Offerings

      In this month’s Trendiana segment, we’ll show you how to learn something new in the New Year with DIY offerings found around the state. See how the “experience economy” has blossomed over the last few years as more and more people turn to experiences over owning items.

    More

Stocks

  • Perspectives

    • Taking Hyper-Growth and ROI in Key Sectors to The Next Level

      The Governor and our Legislature have already invested in programs that are delivering over 100X returns to Hoosiers. Prior efforts of Governor Eric Holcomb and the Indiana General Assembly to invest in our workforce have already positively impacted the lives of many Hoosiers, while building upon a solid foundation for economic growth. The 2019 General Assembly has the opportunity to leverage this to achieve exponential growth for Indiana.

    More

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  • Most Popular Stories

    • 'Unique' Coworking Space Opens in Greenfield

      A new coworking space in Hancock County aims to fill an underserved need in east central Indiana. Idea Co-op features a traditional indoor coworking area, along with 36 acres of outdoor space that can be used by members. The coworking space is operated by Greenfield-based NineStar Connect and director of business and economic development Jill Snyder says the outdoor aspect makes it a unique concept for the region.

    • Jones to Retire as Old National CEO

      Evansville-based Old National Bancorp (Nasdaq: ONB) has announced Chief Executive Officer Bob Jones will retire in May, after 14 years with the bank. Chief Financial Officer Jim Ryan, who has been with Old National since 2000, will succeed Jones. Jones will continue to serve as Old National's chairman of the board through January 2020. "Throughout my 14 years at Old National, I have drawn energy and excitement from seeing the entire organization, and the tremendous people...

    • Terre Haute Updates $25M Convention Center

      Developers joined Terre Haute and Vigo County leaders for the first public unveiling of specific plans for a convention center. The $25 million project will be a two-story building with a ballroom, conference room and planned Larry Bird Museum. The development will also feature a hotel and two new parking garages. Nations Group Vice President Steve Bauer tells Inside INdiana Business they hope to break ground in the late spring or early summer, with a targeted...

    • Holcomb Unveils Teacher Pay Plan in State of The State

      Governor Eric Holcomb used his third State of the State address to unveil a plan to increase teacher pay. He called on legislators to use money from the state's reserves to pay off pension liabilities in a move he says will save all local schools $140 million over the next two years, and more in the following years. He says school districts should "allocate 100 percent of the $140 million to increasing teacher paychecks." In his speech, Holcomb also announced the...

    • TradeRev Makes Hires, Promotions

      TradeRev has hired Kayne Grau (pictured) as executive vice president, U.S. and commercial sales. Keith Crerar (pictured) has been named executive vice president of global operations. Also, Kathy Hopkins has been promoted to vice president of sales and Will Farmer has been promoted to vice president of sales.