• (Image of Meeting House Antiques courtesy of the Metamora, Indiana Facebook page.)

    Supporters of Leveled Antique Shop Turn to Crowdfunding

    A fundraising effort is underway to support the owner of a Franklin County building lost to a fire this week that dates back to the 1870s. Meeting House Antiques was located on Lovers Lane near the canal in Metamora. Friends of shop owner Dave Henninger have launched a GoFundMe campaign to raise $40,000. Organizers of the page say rising insurance costs prevented Henninger from buying a policy for the property. The fire that leveled the building took place...

  • hc1 Goes High-Tech in Opioid Battle

    An Indiana healthcare tech company is bringing artificial intelligence and machine learning to the battle against the opioid epidemic. Indianapolis-based hc1.com has unveiled its Opioid Dashboard, designed to organize data that was previously disconnected and use it to fight opioid misuse, abuse and addiction. Saying "you can't manage what you can't measure," Chief Executive Officer Brad Bostic adds the platform can help government agencies and healthcare providers...

  • Electric Works Lands State Incentives

    The first phase of a major redevelopment project in downtown Fort Wayne will receive state assistance. The Indiana Economic Development Corp. has awarded a conditional tax credit for Electric Works, a mixed-use innovation district located at the former GE campus. The incentive is part of the IEDC's Industrial Recovery Tax Credit program, used to boost investment in the redevelopment of former industrial facilities. Developers are projecting an initial investment of more than...

  • (Image courtesy of the Indiana University School of Medicine.)

    IU, OrthoWorx Collaboration Takes Flight

    A new partnership between the orthopedics industry and academia will target therapies for patients with musculoskeletal injuries or diseases. The collaboration among Indiana University, the Indiana University Research and Technology Corp. and AcceLINX, a business accelerator launched by Warsaw-based OrthoWorx, will focus on development and commercialization of technologies developed at the university. IURTC Chief Executive Officer Tony Armstrong says...

  • (Image of 2016 SPARK class courtesy of Saint Mary's College.)

    SPARK Grads Complete Entrepreneurial Program

    A graduation ceremony is set Friday for the newest graduating class from a women-focused startup program in northern Indiana. SPARK, part of the Saint Mary's College Women's Entrepreneurship Initiative, has graduated 179 women since launching in 2011. More than 50 sustained businesses have sprouted from the program, Saint Mary's says. Participants, called "SPARKlers" learn key skills to start a business from regional business owners.

  • Dick Giromini has served as CEO of Wabash National for 11 years.

    Dick Giromini to Retire From Wabash National

    Lafayette-based Wabash National Corp. (NYSE:WNC) has announced retirement plans for its longtime leader. Dick Giromini will step down as chief executive officer in June and stay on for a year as an executive advisor until retiring. Current Chief Operating Officer Brent Yeagy will be the next president and CEO. Giromini has been with Wabash National for more than 15 years, 11 of which as CEO. He calls it the perfect time to step down because of...

  • Endangered Species Chocolate Adds Former Simon Exec

    A former executive with Simon Property Group Inc. (NYSE: SPG) has joined another Indianapolis company as director of brand and marketing. Former Simon Vice President of Marketing Tod Dalberg, who most recently served as chief marketing and business development officer at Utah-based Central Logic, has joined Endangered Species Chocolate. Dalberg has also previously held leadership positions with Prior to joining Central Logic, Dalberg previously held executive marketing positions at...

  • Reid Health left the former hospital campus in 2008.

    Reid Hospital Demo Bid Cuts Loan Need

    Officials say plans to demolish the former Reid Hospital in Richmond are expected to move forward without a previously-requested source of funding. The Palladium-Item reports the city's Redevelopment Commission has approved a measure to fund the project itself after a previous estimate to take down and clean up the long-abandoned property turned out to cost more than twice what Indianapolis-based Renascent Inc. is set to officially bid.

  • (Rendering provided by the city of Noblesville)

    Construction to Begin on $15M Fieldhouse

    City and development officials will break ground Friday on a $15 million sports complex in Noblesville. Finch Creek Park Fieldhouse will include five courts with hard surfaces, two turf-surfaced fields and 11 batting and pitching cages. The project, which was first unveiled a year ago, is a public-private partnership between Klipsch-Card Athletic Facilities LLC and the city. The company is also owner/operator of the fieldhouse at Grand Park in Westfield.

  • Sports Corp Seeks $25M For 4-Year Stretch

    The first-ever State of Sports address from the president of the Indiana Sports Corp. included a major fundraising announcement. Ryan Vaughn says the new Indy Championships Fund will push to raise $25 million to support a four-year stretch of major events that ISC says will be "unlike anything Indianapolis has enjoyed in the past." The organization says events during that time are expected to deliver a $670 million economic impact.

  • (Image courtesy of The Oaks Academy.)

    Private School Shatters Fundraising Goal, Ups Bar

    The chief executive officer of an Indianapolis urban private school network says an overachieving fundraising campaign will move growth plans to an "all together different trajectory." Andrew Hart says, with the help of an additional $2 million in donations The Oaks Academy is now seeking, it would add teachers, infrastructure and make facility improvements to boost enrollment from the current 815 to more than 1,200.

  • (Image Courtesy: Lilly Oncology)

    Lilly Cancer Treatment Falls Short in Study

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced it will not seek regulatory approval on another use for one of the key treatments in its cancer portfolio. In a late-stage study, CYRAMZA met its main goal of progression free-survival in patients with HER2-negative metastatic gastric or gastroesophageal junction adenocarcinoma, but did not improve a secondary endpoint: overall survival rate.

  • Holcomb says the state's partnership with Lessonly shows Indiana is "leaning into this space in a big, big way."

    Holcomb: Tech Companies Growing in 'Perfect Environment'

    Governor Eric Holcomb says Indiana's pool of mentors in tech create an industry where "the hits just keep on coming." He says entrepreneurs who have turned "coffee table discussions" into million and billion-dollar companies paved the way for businesses like Indianapolis-based Lessonly, which today announced a $2 million expansion involving more than 100 new jobs. Chief Executive Officer Max Yoder says the growth, coming just weeks after announcing...

  • (Image courtesy of the U.S. District Court, Southern District of Indiana.)

    Senior Status Coming For District Judge

    A U.S. District Court judge in the Southern District of Indiana has announced he will wind down his career. District Judge William Lawrence will take senior status beginning in July. He has served as a district judge since 2008 after being elevated to the position by then-President George W. Bush. Lawrence first joined a federal bench as a magistrate judge in 2002.

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

    Second Vigo County School Funds Thief Convicted

    An accomplice in a theft of more than $110,000 from the Vigo County School Corp. has been convicted in federal court. Franklin Fennell, the district's former facilities director, will serve up to 20 years in prison for a scheme involving kick-backs on falsified work invoices. The office of United States Attorney Josh Minkler says Fennell and former Vigo County Sheriff's Department deputy Frank Shahadey worked with a local contractor to create and submit invoices that either included...

  • (photo courtesy Paul Sableman)

    Historic Indy Building to Become Hotel

    A nearly 110-year-old building in downtown Indianapolis will soon have new life. Indianapolis-based real estate development firm Loftus Robinson is partnering with Kimpton Hotels & Restaurants in California to transform the former Odd Fellows building into a 130-room hotel with a signature restaurant. Financial terms of the project are not being disclosed, however the developer says the hotel is scheduled to open in early 2020 and create about 150 hotel and restaurant jobs.

  • (Image courtesy of the Offfice of Governor Eric Holcomb.)

    Lessonly Announces More Growth

    Indianapolis-based Lessonly Inc. says a $2 million investment will create more than 100 jobs by 2020. The training software company says it will initially build on its current operations, but will look to expand its footprint in the city during the next five years. Last month, Lessonly announced an $8 million round of funding. The growth will more than double the current size of the Lessonly team. The new positions are expected to pay...

  • (Image courtesy of West End Bank.)

    Ribbon Cutting For West End Bank HQ

    Richmond-based West End Bank will cut the ribbon Thursday on a new corporate headquarters. The facility will house company executives, as well as finance, IT, operations, auditing and marketing functions. The bank says all customer banking-related activity will still take place at the nearby main office location at 34 South 7th Street. West End Indiana Bancshares Inc. is the parent of West End Bank SB. It reports $271 million in total assets.

  • (Image of Fishers Lifetime Achievement Award winners Ron and Michele Archer courtesy of OneZone.)

    Carmel, Fishers Businesses Receive Awards

    A Fishers construction company and a Carmel design and architecture firm have been named Business of the Year in their respective categories from OneZone. In addition to the awards presented to Meyer Najem and Mitsch Design, other winners were honored in categories including Young Professional of the Year and Most Valuable Volunteer. OneZone is a chamber of commerce representing Hamilton County businesses. Other 2017 recipients include...

  • The Erskine Green Training Institute in Muncie is housed at the Courtyard Muncie hotel.

    Erskine Green Institute Lands AWS Foundation Grant

    The Erskine Green Training Institute in Muncie has been awarded a $170,000 grant from the Fort Wayne-based AWS Foundation. The funds will support scholarships and increased outreach in northeast Indiana. EGTI is housed at the Courtyard Muncie, and provides vocational training and employment opportunities for people with disabilities.

  • The game is set for February 14, 2021.

    All-Star Weekend to Showcase 'Greatest State Export'

    Community leaders say Wednesday's announcement that the 2021 NBA All-Star Weekend is coming to Indianapolis shows that sports, particularly basketball, continue to be a major economic driver.Governor Eric Holcomb is promising a "world-class event," with help from partners including Visit Indiana, Visit Indy and Indiana Sports Corp. The game is set for February 14, 2021, just weeks before Indianapolis hosts the NCAA Men's Final Four.

  • Lilly Endowment Boosts Jewish Federation With $1M Grant

    The Jewish Federation of Greater Indianapolis has been awarded a $1 million grant from Lilly Endowment Inc. The funding will support safety and security enhancements at its 40-acre campus, strategic planning efforts and two placemaking initiatives. The federation is comprised of five agencies: Jewish Family Services, the Jewish Community Center, the Bureau of Jewish Education, the Jewish Community Relations Council, and the Hooverwood nursing home.

  • (Image provided by Indiana University.)

    IU McKinney Adds Former EPA Exec

    A former U.S. Environmental Protection Agency executive has joined the Indiana University Robert H. McKinney School of Law in Indianapolis. Janet McCabe previously served as acting assistant administrator with the EPA and was instrumental in shaping the country's Clean Air Standards. The appointment is a result of the $55 million Prepared for Environmental Change initiative through the school's $300 million IU Grand Challenges effort launched in 2005. Dean Andrew Klein says...

  • (Image courtesy of Hilton.)

    New Hotel Opens in Vincennes

    An $8.5 million hotel is now open in southwest Indiana. The 79-room Hampton Inn by Hilton Vincennes employs 21 associates. Hotel Development Services and Vincennes Hotel Developers LLC owns the property, which is managed by Indianapolis-based General Hotels Corp. General Manager Virgil Rasche says...

  • (Rendering courtesy of the city of Fishers.)

    St. Elmo 'Extensions' Coming to The Yard in Fishers

    The first two tenants of The Yard in Fishers will come from a familiar name on the Indiana dining scene. St. Elmo Co-Proprietor Craig Huse says new 1933 Lounge and Burger Study locations will open at the $40 million food and entertainment district in July of 2019. "Fishers residents are already at 1933 and St. Elmo and Harry & Izzy's downtown (in Indianapolis) and you have so many great employers," Huse said. "It was really just a natural move for us."

  • Lochmueller Group to Showcase New Jeffersonville Space

    Evansville-based Lochmueller Group Inc. will cut the ribbon Wednesday on new office space in Jeffersonville. The company, which has had a presence in the Clark County city for six years, says growth has led to the need for more space. The surveying, planning, engineering and environmental services firm changed its name from Bernardin Lochmueller & Associates in 2014 to avoid confusion with another similarly-named company that also has a presence in states including...

  • Bloomington Mayor John Hamilton says "the residents of Bloomington and Monroe County will be dealing with the effects of opioid addiction for the foreseeable future."

    Bloomington, Monroe County to Sue Opioid Makers, Distributors

    Monroe County and the city of Bloomington are the most recent Indiana municipalities taking on opioid manufacturers in court. Mayor John Hamilton says the lawsuit is "one of many avenues" the city and county are pursuing to address social and "significant financial burdens" caused by the opioid epidemic. Commissioner Amanda Barge says the suit aims to take opioid distributors and manufacturers "to task."

  • Wednesday's announcement will take place at Bankers Life Fieldhouse in Indianapolis.

    Indy Lands 2021 NBA All-Star Game

    Sources have confirmed to Inside INdiana Business that what the Indiana Pacers are calling a "major event announcement" this afternoon at Bankers Life Fieldhouse will be official word that Indianapolis will host the 2021 NBA All-Star Weekend. Top brass from the NBA, the state and the city are scheduled to be in attendance. Expected attendees at Wednesday's announcement include...

  • (Rendering of the Main Street view of The Yard provided by the city of Fishers.)

    Fishers, Developer to Unveil First Tenants of 'The Yard'

    A planned $40 million food and entertainment district in a rapidly-developing section of Fishers will take a major step Wednesday. City officials will announce the first two restaurant commitments at The Yard. Plans for the district, which were first announced a year ago, include attracting familiar and new restaurant names, as well as serving as a culinary entrepreneurial hub and a place for gatherings.

  • Connie Bond Stuart will serve as chair of the chamber's board of directors for 2018.

    Indy Chamber Details Legislative Agenda, Elects Leadership

    The Indy Chamber has released its agenda for the next session of the Indiana General Assembly. At its annual membership meeting Tuesday, the chamber detailed its legislative priorities for 2018, which include a continued expansion of affordable pre-k for low-income families and an increase in the state's cigarette tax. The chamber's agenda is titled "Indy: Open for Business." President and Chief Executive Officer Michael Huber says Indianapolis has a...

  • The commitment from Infosys, which involves plans for 2,000 jobs that were announced earlier this year, was the largest of the year according to the IEDC.

    IEDC Chalks Up a Record-Breaker

    The state is reporting a record year for job commitments and the Indiana Economic Development Corp. says plans totaling 30,158 new jobs are heavily driven by one industry typically tied to the state and another that's rapidly gaining ground. Manufacturing, Indiana's traditional economic bread-and-butter, continued to lead the way in expected job commitments with 10,885. Job commitments in technology rose year-over-year to more than 7,600.

  • (Image courtesy of Purdue University.)

    Purdue Details Online Master of Public Health Degree

    An online Master of Public Health program will launch in May at Purdue University. The College of Health and Human Sciences says the degree is an expansion of the two-year-old Public Health Graduate program in West Lafayette. Graduates of the online program, the school says, often pursue public, private and nonprofit careers including epidemiologist, health promotion specialist, clinical research coordinator and community wellness coordinator.

  • (Image of Anthony Calhoun courtesy of WISH-TV.)

    TV Sports Anchor to Receive 2017 Pathfinder Award

    The Indiana Sports Corp has named to a well-known Indianapolis sports anchor its 2017 Pathfinder Award winner. WISH-TV Sports Director Anthony Calhoun will be honored Thursday at the annual State of Sports event at the Indiana Roof Ballroom in the city's downtown. Calhoun, an Evansville native, is the 30th winner of the award, joining prominent figures including...

  • 2017 A Big One For Gary Airport

    The Gary-Chicago International Airport is marking a year of significant developments. The most recent involves Gary-based LEE Companies' selection as construction manager for a new customs facility, which will open up the airport for incoming international flights. Last month, LEE Companies also completed the new Corporate Flight Center at the Gary Jet Center and B. Coleman Aviation recently opened a 40,000 square-foot hangar that is part of $20 million in planned investment.

  • (L to R) Cody Parrent and Kelly Krauskopf

    Pacers Debut NBA 2K League Team

    Pacers Sports & Entertainment has unveiled the name and logo for its NBA 2K League esports team. Pacers Gaming, which will include a roster of five players, becomes the fourth franchise under the PS&E umbrella, along with the Indiana Pacers, Indiana Fever and Fort Wayne Mad Ants. The Pacers Gaming roster will be selected in March through a League Draft. The team is one of 17 participating in the inaugural season of the NBA 2K League, which will debut in...

  • (Image of David Findlay courtesy of Lake City Bank.)

    Top Indiana Execs Named to CICP Board

    The Central Indiana Corporate Partnership has added several big names to its board of directors. They include Indianapolis Colts owner Jim Irsay, University of Notre Dame President John Jenkins and Warsaw-based Lake City Bank Chief Executive Officer David Findlay. The rest of the new board members are...

  • (Graphic courtesy of Ball State University.)

    Study Touts Regional Cities Impact

    A new study tallies the current total investment spurred by the state's Regional Cities Initiative. The phase one results, released by Ball State University's Center for Business and Economic Research, pegs the figure at more than $1.2 billion, most of it private investment. What's more, the study suggests regional cities projects in north central, northeast and southwest Indiana could bring in nearly 8,000 new Indiana residents within eight years.

  • Sallie Mae Plans Hundreds of Indy Jobs

    Delaware-based Sallie Mae (Nasdaq: SLM) is again growing its Indianapolis footprint. The company, which announced a nearly $16 million expansion mid-last year, says it will invest nearly $12 million and add 350 jobs within three years. The newest job commitment, the student loan provider says, will be "over and above" the nearly 280 it pledged last year. In an agreement published by the IEDC, Sallie Mae says...

  • (Image courtesy of Indiana University Kokomo.)

    IUK Details New Masters

    Indiana University Kokomo will launch a mental health counseling masters degree next fall. The program, a half online, half on-campus hybrid, is being developed in cooperation with IU East in Richmond and IU Southeast in New Albany. Students of the three campuses will share online classes. IUK Psychology Department Chair Kathy Holcomb says...

  • (Rendering provided by the city of Fort Wayne.)

    Minnesota Company Planning $62M Fort Wayne Investment

    Plans for a nearly $62 million private, mixed-use development have been announced for the Fort Wayne riverfront. The seven-story project will be located next to Promenade Park, which is currently under construction and is one of the signature pieces of the downtown resurgence. Plans from Minnesota-based Continental Property Group include 150 apartments, 20,000 square-feet of retail space and more than 1,000 parking spaces.

  • (Image courtesy of The Nile.)

    Anderson Losing 'The Nile'

    A Mediterranean restaurant in Anderson that has been around almost 30 years is closing. In a message on Facebook, the owners of The Nile say they will close "for good" December 23. The restaurant, which is run by Angele and Samir Naby opened in 1990, and bills itself as offering "A Journey of Taste." The message from the Nabys reads...

  • Ball State's Teachers College has existed since its founding in 1918.

    Proposed Ball State Degree to Fill High-Tech Gap

    Indiana's largest producer of traditionally-prepared teacher candidates is planning to launch a degree program aligned with one of the top orkforce needs in the state. Ball State University's undergraduate degree in computer science education will combine computer science major and education core requirements in what President Geoff Mearns calls "a logical step" for preparing the next generation of educators in the state. He says it will fill a major gap as...

  • (photo courtesy Patrick Industries)

    Patrick Acquires Elkhart Manufacturer

    Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has completed its $11 million acquisition of another Elkhart manufacturer, Nickell Moulding Co. Inc. Patrick says Nickell will continue to operate in its existing facility under its brand name. The deal included the acquisition of Nickell's accounts receivable, inventory, machinery and equipment. Nickell manufactures hardwood and wrapped mouldings and trim, custom wood frames, and door components for the...

  • Investment Scheme Lands Crooked Businessman in Prison

    A former Indiana resident convicted of bilking nearly $1 million from investors has been sentenced to seven-and-a-half years in federal prison. The office of United States Attorney Josh Minkler says Larry Westby, who has pleaded guilty to charges that include wire and securities fraud, made bogus claims about the financial shape of his respiratory therapy business.

  • East Chicago Site Targeted For 'Intense' Remediation

    The U.S. Environmental Protection Agency has included a northwest Indiana property on its list of Superfund sites that are "targeted for immediate and intense attention." The old USS Lead property in East Chicago, also known as U.S. Smelter and Lead Refinery Inc., will receive remediation work designed to accelerate redevelopment efforts. The actions, the EPA says, include more direct involvement from Administrator Scott Pruitt. The response could include...

  • Tom Henry came into office in 2008.

    Fort Wayne to Detail Private Investment in Riverfront

    Fort Wayne Mayor Tom Henry will hold a news conference this afternoon to announce private development proposed along the city's riverfront. Officials have not provided details of the scope of the announcement, but the riverfront continues to be an area of heavy focus for Fort Wayne's long-term redevelopment efforts. A special edition of Inside INdiana Business with Gerry Dick will this weekend spotlight the state's second-largest city.

  • Homework Hotline Lands Funding, Expands Program

    Indianapolis-based Lilly Endowment Inc. has awarded a $2.85 million grant to support Rose-Hulman Institute of Technology's Homework Hotline. The school says the funding will allow Homework Hotline to strengthen its virtual presence with new technology. Rose-Hulman says, beginning in the 2018-2019 academic year, the Homework Hotline will start collecting aggregate information from tutoring sessions in order to identify specific knowledge gaps in...

  • WATCH: State Says Record $12.2B in Visitor Spending in 2016

    Buoyed by a year of Bicentennial events and the 100th running of the Indianapolis 500, Indiana set tourism records in 2016, according to a report commissioned by the Indiana Department of Tourism Development. The report shows 79 million visited the state, spending an estimated $12.2 billion, both state records. Tourism chief Mark Newman says the report also shows the rate of tourism growth in Indiana was better than peer states like Ohio, Illinois and Tennessee.

  • Source: Visit Indy

    Indy Doubling Down on Immigrant Efforts

    The Immigrant Welcome Center is partnering with the city on a new strategy designed to help immigrants, a population a new study suggests has a $9.2 billion impact on the greater Indianapolis area's Gross Domestic Product.The "Beyond Welcome" plan includes creating an Office For International and Immigrant Affairs and language and cultural training for agencies that serve immigrants. The New American Economy study counts more than 7,200 immigrant entrepreneurs in...

  • (Image courtesy of Italpollina)

    Italpollina Boosting Anderson Commitment

    Just over a year after beginning construction on a more than $9 million North American headquarters in Anderson, Italy-based agbiosciences company Italpollina says it will build a science and technology park next to its Madison County operation. The company has not detailed the investment total or the construction timeline, but says it will specialize in the "very basis" of its development process -- sciences like phenomics and metabolomics. The park will include...

  • Charity Looks to Larva as Food For African Orphans

    The Indianapolis-based Global Orphan Foundation has a bold mission -- to care for the world's most vulnerable children -- and is turning to a protein source unusual to the western world. The organization is on the ground in the Democratic Republic of the Congo to implement an easy-to-use system of raising vitamin, protein and micronutrient-packed palm weevil larvae to feed the orphans. Executive Director Nicole Brandt tells Barbara Lewis in The Business of Health the...

  • Merchants Bancorp Subsidiary Wraps Up Acquisition

    Carmel-based Merchants Bancorp (Nasdaq: MBIN) has announced its PR Mortgage & Investments subsidiary has completed the acquisition of Connecticut-based RICHMAC Funding LLC. The deal had an effect on Merchants Bancorp's net income, which it reported to be $10.5 million in the third quarter, compared to $11.6 million in the same period last year. The deal was announced in August.

  • $46M in Red Line Rapid Transit Contracts Under Negotiation

    IndyGo will begin negotiations on nearly $46 million in contracts for the first phase of a high-profile mass transit expansion. Phase One of the Red Line rapid transit work involves road, sidewalk and station canopy construction. The 13-mile Broad Ripple-to-University of Indianapolis campus route is slated to open for service in the spring of 2019. Officials call it "the reliable spine" of a revamped transit system. Voters last year approved...

  • Tolliver: Record Stretch For Commercial Real Estate

    Cushman & Wakefield Regional Vice President of Research Jason Tolliver has high hopes for the commercial real estate market in Indiana in 2018. Tolliver says 2016-2017 represents the best two-year stretch ever in Indiana and will lead into a "Goldilocks" scenario for next year. "I think you're going to have strong demand. I don't know that it's going to be as strong as what we've seen this year, but it's not going to overpower the amount of...

  • Key Portion of I-69 Widening Work to Wrap Up

    The Indiana Department of Transportation says a third lane in each direction on a busy section of I-69 will reopen Friday morning. The stretch between State Road 37 and State Road 38 is part of a $92 million project that also involved reconfiguring the Campus Parkway exit into a double-crossover diamond formation. The latter was completed in the summer.

  • Image of Alexander Rossi (pictured left) and Conor Daly (pictured right) courtesy of CBS.

    INDYCAR Competitors Team Up For 'Amazing Race'

    The upcoming season of the long-running CBS reality television series "The Amazing Race" will feature two competitors familiar to INDYCAR fans. Alexander Rossi, the 2016 Indianapolis 500 winner, and Noblesville native Conor Daly, compete against each other on the track in Verizon IndyCar Series but will be featured as teammates on the 30th season of the show starting January 3.

  • (photo courtesy Aggressively Organic)

    Fishers Ag Startup Launches Campaign For Puerto Rico

    A Fishers-based agriculture tech startup has launched a crowdfunding campaign to assist people in Puerto Rico affected by Hurricane Maria. Aggressively Organic Inc. is looking to raise $500,000 in order to ship 50,000 of its Micro Growth Systems, which the company says will help feed the people of Puerto Rico. The Micro Growth Systems are self-contained personal hydroponic systems that will allow residents, agencies and relief groups to grow various types of ...

  • Danielle McDowell is the executive director of The Speak Easy.

    Speak Easy Looks to Stock Tech Pipeline With Vets

    A new effort in Indianapolis is aiming to boost the presence of military veterans in the tech scene. The Speak Easy's Tech Warriors initiative involves connecting vets with industry opportunities and raising awareness among local executives about the benefits of hiring vets. In an interview with Inside INdiana Business, Speak Easy Executive Director Danielle McDowell said Tech Warriors offers an opportunity to...

  • (Image of construction courtesy of NextEra Energy Resources.)

    Commissioning Complete at $200M Wind Farm

    State, local and company officials Thursday are commissioning Indiana's newest wind farm. The $200 million Bluff Point Wind Energy Center includes 57 turbines and Florida-based NextEra Energy Resources Inc. says the installation in Jay and Randolph Counties could produce enough power for more than 36,000 homes.

  • Mark Tarner co-founded South Bend Chocolate Co. in 1991.

    Connecting Dinosaurs, Chocolate And Trains in South Bend

    One of the early players in South Bend's downtown revitalization has a new vision for the suburbs. South Bend Chocolate Co. owner Mark Tarner is moving forward on a proposal detailed earlier this year for a 90-acre attraction featuring a new production facility, chocolate museum, Indiana Dinosaur Museum, restaurant and bison farm, as well as a new piece -- a South Shore rail line station. He expects work on the property near South Bend International Airport to begin...

  • White Lodging operates dozens of hotels throughout the country, including the JW Marriott in downtown Indianapolis.

    White Lodging Announces Layoff Plans

    Merrillville-based White Lodging Services is detailing plans to lay off approximately 50 employees during the first quarter of 2018. In a notice to the state, the company says the layoffs are due to "the anticipated sale of a portion of the Company’s business line." White Lodging announced Wednesday it was selling 82 of its hotel management contracts to Virginia-based Interstate Hotels and Resorts for an undisclosed sum. The company says the affected employees...

  • The company said last month it plans to launch operations by April.

    Indian Company Picks Columbus For North American HQ

    An executive with an India-based engineering company planning to establish its North American headquarters in Columbus is touting Indiana's work force. Vice Chairman Sudhakar Gande says AXISCADES will "leverage the availability of skilled engineering talent in Indiana" to fill an expected 500 openings by 2023. AXISCADES, which announced plans to locate in Indiana, expects to create up to 100 jobs within the first year of operation as part of a $10 million investment.

  • Board of Ed OKs High School Graduation 'Pathways'

    By a 7-4 vote, the Indiana State Board of Education has approved new high school graduation pathways. The board took several hours of testimony Wednesday from dozens of stakeholders who mostly asked the 11-member body to vote no. The pathways are designed to give students "tailored" options for a diploma that doesn't necessarily involve passing standardized tests, but allow students to gain in-demand skills.

  • (Image of Laurie Burns McRobbie courtesy of Indiana University.)

    IU First Lady Part of Women-Focused Tech Event

    Indiana University First Lady Laurie Burns McRobbie says she hopes attendees at Thursday's Launch(ed) Women in Technology event at Launch Fishers will take away an understanding of how welcoming and supportive the state's tech scene is for women and young girls. She will join a number of executives throughout the state including Indiana First Lady Janet Holcomb, Elevate Ventures CIO Ting Gootee and Indiana Secretary of Career Connections and Talent Blair Milo.

  • Martha Hoover (left) pictured with Inside INdiana Business Television Host Gerry Dick in 2016.

    New Title For Martha Hoover: 'Empire Builder'

    A well-known food website has named Indianapolis restaurateur Martha Hoover its "Restaurant Empire Builder of the Year." Eater calls the owner of Cafe Patachou, Napolese, Petite Chou, Public Greens and Crispy Bird locations a "powerhouse business leader" who now oversees some 400 employees. The Hoover "Empire" also includes...

  • The group says the center would include spectator seating for 1,500.

    Group Launches Push For Aquatic Center

    A grassroots initiative aimed at building a regional, full-service aquatics center in Allen County has launched the initial planning phases for the project. The Northern Indiana Aquatics Center Foundation says it is actively seeking a major donor and sponsors for the proposed facility. The organization says the venue, proposed for southwest Allen County, could host competitive swimming and diving, lessons, fitness, adaptive aquatics and physical therapy. The group hopes for the...

  • (Image courtesy of Grissom Air Museum) Tom Jennings is pictured in the center.

    New Executive Director at Grissom Air Museum

    The Grissom Air Museum has a new executive director. Tom Jennings most recently served as director of operations with the Indiana State Museum in Indianapolis. He succeeds Jim Price, who left the position after seven years to become director of development with United Way of Cass County. Jennings's experience includes nearly 30 years of experience in the visitor service space, with previous positions at the Toledo Zoo and the Henry Ford Museum.

  • Pictured from left-to-right: Rob DeCleene, Mari Bishop and Paul Laskowski

    South Bend Regional Chamber Details Exec Changes

    The current executive director of Visit South Bend Mishawaka is taking on an additional leadership position with the South Bend Regional Chamber of Commerce. Rob DeCleene will succeed Paul Laskowski, who is retiring at the end of the year, as the chamber's executive vice president. VSBM is an affiliate of the chamber where DeCleene has worked for more than seven years. He will remain the VSBM executive director.

  • The Pathfinders Summer Institute will run from July 15-20, 2018 on the IU campus.

    Infosys Targets Tech Teaching Gap

    Infosys Foundation USA used today's Hour of Code events to announce a program designed to address what its chaiperson calls "one of the biggest gaps" in education. Kaustav Mitra says the Pathfinders Summer Institute will bring hundreds of K-12 teachers from throughout the United States to Indiana University in Bloomington for computer science training. He says participants' tuition, travel and boarding will be paid for through foundation money, matching district funds...

  • Archie Brown, current MainSource CEO, will lead the resulting institution.

    Shareholders OK First Financial, MainSource Merger

    Ohio-based First Financial Bancorp's (Nasdaq: FFBC) planned $1 billion acquisition of MainSource Financial Group Inc. (Nasdaq: MSFG) in Greensburg has been approved by both sets of shareholders. The deal, which the banks say would yield a $13 billion institution, is still subject to regulatory approval. Once closed, First Financial would become the surviving institution. MainSource branches will maintain their identity until the transition is complete.

  • Melissa Justice serves as Arc of Indiana trust director.

    State Board, Commission Appointments Announced

    Governor Eric Holcomb has made four state board and commission appointments. They include a former member of the Indiana House and the executive director of the South Bend International Airport and will serve the ABLE Authority Board, Distressed Unit Appeals Board and Judicial Nominating Commission. Appointments include...

  • Philip Powell is associate dean of academic programs at the Indiana University Kelley School of Business in Indianapolis

    Examining Potential Side Effects of a CVS/Aetna Merger

    The private sector and academia are weighing in on a proposed $69 billion merger between CVS Health Corp. (NYSE: CVS) and Aetna Inc. (NYSE: AET). Indianapolis-based OurHealth co-founder and Chief Executive Officer Ben Evans says the deal is characteristic of "this impending collision of insurers and providers," where insurers and health care providers are competing for the patient.

  • Personal Incomes Jump in South Bend-Elkhart Region

    Economic development leaders in the South Bend-Elkhart Region are touting a big jump in per capita personal income. Based on U.S. Bureau of Economic Analysis data, the South Bend - Elkhart Regional Partnership says total personal income in the regional economy jumped by $1 billion in 2016, compared to a year earlier. The region, which consists of Elkhart, Marshall and St. Joseph counties in Indiana and Berrien and Cass counties in Michigan, includes more than 725,000 residents.

  • The Indianapolis hub opened more than 25 years ago and employs thousands of Hoosiers.

    FedEx to Invest $385M in Central Indiana

    FedEx Corp. (NYSE: FDX) is planning to invest $385 million into new equipment at its hub at Indianapolis International Airport. The move, the company says, would result in the creation of 125 jobs and 450 part-time jobs by 2026. It would also help retain more than 800 full-time positions and nearly 3,000 part-timers. FedEx is requesting a tax abatement package from the Metropolitan Developments Commission totaling some $29.2 million over 10 years. In that time, the MDC estimates...

  • (Image courtesy of the city of Zionsville.)

    Dozens of New Jobs Planned in Boone County

    Two Zionsville companies have announced expansions. Two companies expanding their operations in Zionsville Zionsville, Ind. – 120WaterAudit and Stringcan, Inc. dba Gear Marketing are expanding their operations in Zionsville.

  • (Image courtesy of Indiana University.)

    IU Announces Next International Affairs VP

    Indiana University has named Hannah Buxbaum the next vice president for international affairs. She has been part of the IU Maurer School of Law faculty for 20 years and currently serves as chair in Legal Ethics. Buxbaum will succeed David Zaret, who has held the position since 2011 and will retire in June. Buxbaum's previous positions with the law school in Bloomington include serving as interim dean for nearly two years beginning in January 2012.

  • (Image courtesy of Saint Mary's College.)

    Saint Mary's Remembering Former President

    St. Mary's College in Notre Dame says it will hold a memorial service in the spring to honor a former school president. William Hickey died last week in Florida. He led St. Mary's from 1986 to 1997. Hickey was 81. Hickey, who served the university in capacities including academic vice president and dean of faculty before becoming president, spent 40 years with the northern Indiana college. Accomplishments during his tenure include...

  • Turner says his ultimate goal is to help teach a new generation of players the game of basketball.

    Pacers Star Going Digital With LA Startup

    An Indiana Pacers star is taking his on-the-court skills to a new digital training platform. Myles Turner is partnering with Los Angeles-based Star Vizn to offer a 12-week training program being released today. The platform aims to help aspiring entrepreneurs, athletes and entertainers learn their craft. Turner filmed his course in October in Indianapolis. He joins other big names including former Shark Tank star Kevin Harrington and National Football League Hall of Famer Jerry...

  • Tridien develops, manufactures and markets medical support surface and patient positioning technology.

    Medical Device Maker to Close Fishers Operation

    A Florida-based company says it will close its Fishers facility late next year. Tridien Medical, which was acquired last year by Chicago-based Hill-Rom Holdings Inc. (NYSE: HRC), says in a filing with the state the decision will affect 69 employees. The first round of Indiana employees are expected to be let go January 31 and continue through the end of September. Hill-Rom Executive Director of Human Resources says in a letter to the Indiana Department of Workforce Development...

  • (Image courtesy of Indiana Tech.)

    Indiana Tech Inaugurates President Einolf

    Karl Einolf has officially been sworn in as the ninth president of Indiana Tech in Fort Wayne. Einolf, who came to the school following a stint as dean of the business school at Mount St. Mary's University in Maryland, has been on the job since July. He succeeds Arthur Snyder, who retired earlier this year. Einolf also previously served as acting president of Mount St. Mary's from February to June 2016.

  • Idea Week will take place April 21-28.

    Idea Week Unveiled in Northern Indiana

    Details for an event described as a cross between a bigger city innovation and entrepreneurship summit and a festival have been released. Idea Week, a collaboration among the University of Notre Dame, the cities of South Bend and Elkhart and businesses and organizations throughout Michiana, will take place April 21-28.

  • (Map courtesy of INDOT)

    White River Bridge Construction to Take 2+ Years

    A key stage of bridge construction on a well-traveled thoroughfare in Muncie is set to begin Tuesday. Beam installation on the White River bridge east of downtown begins this week and the full project is set to be complete in 2020. The Indiana Department of Transportation says the nearly $3 million State Road 32 Jackson Street project will be handled one lane at a time. During the initial phase...

  • Fadness: Record 2017, More to Come

    Fishers Mayor Scott Fadness says 2017 will be a record year for economic development in his young city and the deals show no signs of slowing down. Fadness says companies have this year committed to adding 2,185 jobs and investing $64.5 million in Fishers. Since 2015, when Fishers became a city, Fadness says the job commitments total more than 4,500. "And we think that momentum is going to continue into 2018," said Fadness.

  • (Image courtesy of Thorold Tourism.)

    Big Canadian Monument Made With Indiana Limestone

    A new monument in Canada is using 22 tons of limestone from Bloomington-based Indiana Limestone Co. The hand-carved blocks are incorporated into the First Nations Peace Monument in Ontario as the nation celebrates its 150th anniversary. The monument pays tribute to Laura Secord, who gained recognition for warning British troops of an upcoming invasion by American forces during the War of 1812. Indiana Limestone Co. says the monument also...

  • (Image courtesy of Honda Manufacturing of Indiana Inc.)

    Honda Hiring in Greensburg

    A hiring event is set for Saturday at Honda Manufacturing of Indiana Inc. in Greensburg. Columbus-based Elwood Staffing, which is hosting the event, says starting pay for the jobs is $15.55. The openings are for production associate positions and the pay could progress up to $17.33 per hour. The application process, Elwood Staffing says, is open to residents of select, nearby Indiana, Ohio and Kentucky counties. You can connect to more about the hiring event by clicking...

  • Hanover College is the Indiana Society of Chicago's 2017 Institution of the Year.

    Jim Morris, Hanover College to Receive Chicago Recognition

    The Indiana Society of Chicago will recognize the contributions of Pacers Sports and Entertainment Vice Chairman Jim Morris and Hanover College Saturday night. The organization's 112th annual dinner will take place at the Fairmont Hotel Chicago. Morris previously served as executive director of the United Nations World Food Programme, chief executive officer of IWC Resources Corp. and president of Indianapolis-based Eli Lilly and Co. (NYSE: LLY). Hanover College is the alma mater of...

  • (L to R) SIA Executive Vice President Tom Easterday, Governor Eric Holcomb, & Lafayette Mayor Tony Roswarski

    Ascent at SIA Drives $140M Investment

    Subaru is planning another major investment at its Lafayette plant. At an unveiling ceremony for the new Subaru Ascent, Subaru of Indiana Automotive announced the automaker will invest more than $140 million into production of the SUV and plans to create up to 200 jobs. The company, which has more than 5,600 associates in Lafayette, says the move will help meet growing demand for mid-level vehicles in North America. The announcement comes two years after...

  • (photo courtesy University of Notre Dame) Emu Technologies has an office at the IDEA Center at Innovation Park in South Bend.

    $5M Infusion to Boost Notre Dame-Connected Tech Company

    A Big Data technology and software company with a presence in South Bend is planning to grow following a $5 million round of funding. Emu Technology, which has offices at the IDEA Center at the University of Notre Dame's Innovation Park and in New York City, says it plans to scale up product development and add six positions. The company focuses on what it describes as data intensive, real-time Big Data analytics and currently has five full-time developers in South Bend.

  • Pictured: KSM Location Advisors President Kaite Culp and CEO Tim Cook.

    (i) on Economic Development: Indy Doubles Down on Sports

    Pre-game festivities for Saturday night's Big Ten Championship football game at Lucas Oil Stadium provide an opportunity to reflect on a more than 40-year-old strategy that continues to be a calling card for Indianapolis. This month's (i) on Economic Development focuses on high-profile sporting events in the state capital. Indianapolis-based KSM Location Advisors CEO Tim Cook and President Katie Culp discussed the risks and rewards that come with big ticket games.

  • (Image courtesy of LDI Ltd. LLC.)

    Hoosiers Remembering Andre Lacy

    Influential leaders from throughout the state are reacting to the loss of a highly-regarded name in the Indiana and Indianapolis business and philanthropic communities. Andre Lacy was board chair of LDI Ltd. LLC and a senior adviser to Butler University's School of Business, which bears his name. Terre Haute-based Hulman and Co. Chief Executive Officer Mark Miles says "it would be difficult to exaggerate his transformative impact on our city and state."

  • Wojtowicz founded Indianapolis-based Cambridge Capital Management Corp. in 1983.

    Indiana CDC Lending at Near-Record Numbers

    Indiana Statewide Certified Development Corporation says its small business lending reached $28 million in fiscal year 2017, one of the highest totals in its 34-year history. Executive Director Jean Wojtowicz says the 39 companies the CDC worked with throughout the state span the manufacturing, service and retail industries. The company says the projects involved about $72 million in total investment and created or saved around 440 jobs.

  • Kinetrex currently operates two Marion County plants, including one in Beech Grove (pictured).

    Kinetrex Proposing $20M LNG Plant Investment

    Indianapolis-based Kinetrex Energy is planning to invest $20 million into a new plant to turn methane gas captured at landfills and by anaerobic digesters into liquefied natural gas. The former Citizens Energy Group subsidiary has not yet detailed where in central Indiana the plant will be located or how many jobs it could create, but says the facility could be operational at the beginning of 2019. The plant is expected to produce...

  • Union Hospital has two locations: Terre Haute (pictured) and Clinton.

    Union Health, CareSource Detail Agreement

    Union Health in Terre Haute has announced an agreement to join the health plan network of Ohio-based CareSource. The deal involves access by CareSource Medicaid and Obamacare Marketplace members to Union Hospital and Union Medical Group services. Patient access will begin January 1 after the CareSource credentialing process is complete. CareSource Indiana Executive Director Steve Smitherman says "we are excited to expand our network with the addition of Union Health.

  • Indiana a Top 10 'Best State For Business'

    Indiana has broken into the top 10 of an annual ranking of the Best States for Business for the second time in 12 years. The Forbes list focuses on 41 metrics, ranking states in six categories. Indiana's number 10 overall ranking is up three spots from a year ago, driven in part by a number one finish in Regulatory Environment. The Regulatory Environment category considers metrics including...

  • (photo courtesy Tippmann Group)

    Fort Wayne Company Breaks Ground on Anderson Warehouse

    A subsidiary of Fort Wayne-based Tippmann Group has broken ground on a $30 million cold storage warehouse facility in Anderson. Interstate Warehousing Inc. says the 250,000-square-foot facility will create about 60 jobs in the Madison County city. Construction on the facility is set to begin in December and is expected to be complete by the third quarter of 2018. It sits on a 76-acre property in Anderson and the company says there will be room to expand to more than...

  • (Image of Carroll Stadium courtesy of the Indy Eleven.)

    Belskus: MLS, Stadium Push Will Continue

    Indy Eleven President Jeff Belskus says he's not surprised by the finalists selected to vie for two new Major League Soccer franchises, and adds the organization will continue to put forth its best effort to compete for the next two openings. Belskus says the process includes a new stadium. "We continue to talk to city and state leaders and officials about how we can develop a plan here that works for everybody, so those are ongoing conversations."

  • Fred Green is president of Cripe.

    Architecture Firm Marks 80 Years

    A longtime architectural, civil engineering and land survey firm has hit a big anniversary on a roll. Indianapolis-based Cripe President Fred Green says the now 80-year-old company has had a "tremendous last couple of years," reporting 10-20 percent growth per year. The company's charitable foundation is also marking some major milestones, celebrating its 30th anniversary by awarding its one millionth dollar to local education and community services. Cripe began in...

  • Nestlé Planning $80M Anderson Expansion

    Nestlé USA has unveiled plans to invest nearly $80 million into its Anderson operations. Our partners at The Herald Bulletin report the company will purchase new equipment for the facility and add 30 jobs.

  • (Image courtesy of Endocyte)

    Endocyte to Join Key Nasdaq Index

    West Lafayette-based Endocyte Inc. (Nasdaq: ECTY) has been selected for addition to the Nasdaq Biotechnology Index. The biopharmaceutical company says the addition will become official Monday before the market opens. 

  • (rendering courtesy IU Health)

    Riley Children's Health Plans $142M Maternity Project

    Riley Children's Health in Indianapolis has announced plans to create a comprehensive maternity and newborn health center. The $142 million facility will centralize all inpatient obstetric services and neonatal care offered at the three downtown Indianapolis hospitals in the Indiana University Health system. IU Health the project involves the renovation of four floors at Riley Hospital for Children at IU Health as well as the fourth floor of the Riley Outpatient Center.

  • Purdue President Mitch Daniels announced the acquisition of Kaplan University in April.

    NewU Approves Ethical Principles, Academic Programs

    The board of trustees for Purdue NewU has approved a Statement of Ethical Principles and Pledge to Students, as well as the academic programs previously authorized by the Indiana Commission for Higher Education. The approvals are the latest step following the creation of NewU, which is the result of Purdue University's acquisition of Kaplan University in April. 

  • Michigan Company Closing Richmond Facility

    Michigan-based Janesville Acoustics has announced plans to close its manufacturing facility in Richmond. In a notice to the state, the company said nearly 70 employees will be laid off as a result of the closure. Janesville Acoustics did not provide a specific reason for the closure, but said it would be permanent.

  • (rendering courtesy Indiana State University)

    ISU to Open New Health Building

    Lieutenant Governor Suzanne Crouch will Friday join officials from Indiana State University to cut the ribbon on the renovated and expanded Health and Human Services building. The $64 million project will house new academic programs and existing programs currently located on other parts of the Terre Haute campus.

  • Tech Company Turns Software Into Subsidiary

    An Indianapolis-based tech company has announced plans to split one of its software platforms into its own subsidiary. Axia Technology Partners says Kerauno, a communications workflow platform that connects people, process, software and systems, will operate as an independent software company under the AxiaTP umbrella.

  • Toll Road Operator Set to Launch Transportation System

    Granger-based Indiana Toll Road Concession Co. says it will begin work in early 2018 on its previously-planned intelligent transportation system. The project follows the installation of 70 miles of fiber optic cable, which was completed earlier this year as part of the $220 million 80/90 PUSH Project. 

  • Nonprofit Awarded $900K Grant For Program Expansion

    An Indianapolis-based nonprofit has received $900,000 in funding aimed at strengthening and expanding its parenting coordination and guardianship services throughout the state. Kids' Voice of Indiana says the three-year grant from Lilly Endowment Inc. will support new facilities through its Children's Law Center Program.

  • Grant to Launch Lake County CDC

    Merrillville-based Legacy Foundation has announced plans to launch a new community development corporation for Lake County. The organization says the nonprofit CDC, which is being funded by a grant from the JPMorgan Chase Foundation, will provide much needed support for area neighborhoods.

  • MSD of Decatur Township calls the pilot program a success.

    District Sees 'STEP' Program Success

    An Indianapolis school district is partnering with the University of Chicago on a research-based program designed to boost high school graduation rates. The Metropolitan School District of Decatur Township says the STEP program allows it to track student performance trends such as grades, discipline and interaction to develop tailored lesson plans.

  • The policy, part of Holcomb's 2018 Next Level Agenda, takes effect January 1, 2018.

    Holcomb Announces Parental Leave Policy

    Governor Eric Holcomb has signed an executive order calling for up to four weeks of paid leave for executive branch workers to spend with newborn or adopted children. Holcomb says the move aims to "attract more top talent to state government service." The policy, part of Holcomb's 2018 Next Level Agenda, takes effect January 1, 2018. He says it gives both women and men the time they need to bond and adjust to a new child. Workers with at least six consecutive months...

  • (file photo)

    Kroger Marking Muncie Pay Less

    Cincinnati-based The Kroger Co. (NYSE: KR) is unveiling its first Pay Less store in Muncie. The company invested nearly $4 million to renovate a former Marsh location in the Delaware County city. The store opens to the public Thursday morning. Kroger says 49 of the new Pay Less associates worked at the store when it was a Marsh. The grocery chain says $1 million of the $3.8 million investment went to technology upgrades. Kroger says the store's new Made-To-Order section will feature...

  • (photo courtesy of our partners at WIBC-FM)

    Greenwood OKs Demolition of 'Nuisance'

    The Greenwood Redevelopment Commission has cleared the way for demolition of a former strip mall. The city says it is considering several redevelopment options for the eight-acre property, and will seek community input. The property is the former home of The Patriot's Table restaurant, but has no current tenants. The city says its assessed value has dropped by nearly half since 2012. Mayor Mark Myers says the site has become a "growing nuisance and source of concern,"...

  • Lilly plans to present trial results at scientific meetings and publications this year and in 2016.

    Lilly Issues 2018 Guidance

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) is expecting low-single-digit revenue growth next year. In its 2018 financial guidance, the drugmaker is projecting revenue to be between $23 billion and $23.5 billion, driven by recently-launched products including Trulicity, Taltz and Cyramza. Lilly expects earnings per share for 2018 to be in the range of $4.24 to $4.34. The company is maintaining expectations for at least 5 percent average annual revenue growth from 2015 to...

  • Fort Wayne Touts 2017 Neighborhood Improvements

    Officials in Fort Wayne are celebrating the completion of $25 million in neighborhood infrastructure improvements throughout 2017. The city's Division of Public Works says the investment, which will continue in 2018, aims to improve safety for pedestrians, bicyclists and motorists, as well as enhance public spaces.

  • Indiana Commissioner for Higher Education Teresa Lubbers (file photo)

    Higher Ed Commission to Detail Credential Partnership

    The Indiana Commission for Higher Education will Wednesday launch a new partnership with a national nonprofit credential registry. Commissioner Teresa Lubbers will detail the deal with Credential Engine, which aims to create a single source of information on credentials at Indiana's public universities.

  • Brewery Completes Bloomington Expansion

    Carmel-based Danny Boy Beer Works is continuing its statewide expansion. The bewery is celebrating the grand opening of its pub and eatery near the Indiana University campus in Bloomington. 

  • (photo courtesy Stephen Sproll)

    Arts Commission Names Poet Laureate

    The Indiana Arts Commission has selected Adrian Matejka of Bloomington as the new Indiana State Poet Laureate. Matejka, who currently serves as the Ruth Lilly Professor and Poet-in-Residence at Indiana University, will begin his two-year term in January. 

  • Historic Evansville Theater to Get New Life

    A historic theater in downtown Evansville is under new ownership. A pair of investors has acquired the Alhambra Theater, which has been closed since 1956, and plans to transform the building for a new use, though plans have not been finalized. 

  • Berne Apparel is headquartered in Ossian.

    Berne Apparel Growing in Wells County

    A more than century-old apparel company in Wells County is growing operations. Ossian-based Berne Apparel plans to invest $2.2 million to expand its facility in the Ossian Industrial Park and add a small number of jobs. 

  • Pacers Senior VP Kelly Krauskopf called the esports league a "groundbreaking" opportunity.

    Pacers Set For 'Major' Esports Announcement

    Pacers Sports & Entertainment will Tuesday make what it calls a major announcement regarding the NBA 2K League. The organization is one of 17 NBA teams taking part in the inaugural season of the esports league, which is set to tip off in 2018.

  • Greenville Company Lands NASA Contract

    NASA has awarded more than $10 million in development contracts to three companies, including one in Indiana. Greenville-based Techshot Inc. will work to develop a space-based, on-demand fabrication lab prototype. 

  • Community Health Names Region President

    Indianapolis-based Community Health Network has selected David Kiley as president of its south region. Kiley, who has been a part of the health system for 25 years, has served in the role on an interim basis since May. 

  • (image courtesy Grow Wabash County)

    Wabash County Site Certified Prime

    Officials in Wabash County will Tuesday celebrate a major designation for the Wabash Business Complex. The city of Wabash and Grow Wabash County will hold a dedication event in recognition of the business park being deemed Indiana Site Certified Prime by the Indiana Office of Community and Rural Affairs.

  • State Revenue Below Estimates Again

    State revenue in November was $13 million below the most recent forecast. However, the Indiana State Budget Agency says last month's total of just over $1 billion is nearly $17 million above the same month in 2016. 

  • Dana Huber of Huber's Orchard Winery, & Vineyards is one of the five board members.

    Board Set For State's New RDA

    The board of directors for Indiana's newest regional development authority is now in place. The boards of commissioners for Clark, Floyd, Jefferson, Scott and Washington counties have chosen five regional leaders to serve on the board for Our Southern Indiana Regional Development Authority.

  • IU won its last meeting against Notre Dame at Victory Field in 2015. (photo courtesy Indianapolis Indians)

    IU, Notre Dame to Play at Victory Field

    Two Hoosier college baseball teams are set to face off once again at Victory Field in Indianapolis next spring. The ballpark will host a game between Indiana University and the University of Notre Dame, which will take place in April.

  • (photo courtesy Care Ambulance)

    Ambulance Service Plans Indy Layoffs

    The Indianapolis Division of Care Ambulance has announced plans to close its facility near the city's downtown. In a notice to the state, Louisville-based parent company Procarent says the closure will leave more than 80 employees out of work.

  • Lebanon Manufacturer to Celebrate Expansion

    Lebanon-based Shark-Co Manufacturing will Monday afternoon cut the ribbon on its expanded manufacturing facility in Boone County. The Boone County Economic Development Corp. says the project was completed with the help of its microloan program. 

  • In May, Purdue trustees gave final approval to a two-year tuition freeze on the West Lafayette campus.

    Purdue Approves Flat Room And Board

    For the sixth consecutive year, Purdue University says students on its West Lafayette campus will see no room and board rate increase. Purdue says, paired with a continued tuition freeze, the total cost of attending the school will be less in 2019 than it was in 2012. Room and board will also remain flat at Purdue University Northwest-Hammond for the third straight year. The school says room rates at Purdue University Fort Wayne will reflect market prices, but will see an overall...

  • (photo courtesy Southwest Indiana Chamber)

    ATHENA Award Finalists Announced

    The Southwest Indiana Chamber has unveiled the finalists for its 2018 ATHENA Award. The chamber says the honor "acknowledges and honors quiet leaders in the community." This winner will be announced February 23 at the ATHENA Award Luncheon in downtown Evansville. 

  • IURTC Taps Launch Fishers VP Jason Whitney

    The Indiana University Research and Technology Corp. has selected a big name in the Indiana coworking space community to join its ranks. The organization has named Jason Whitney, former vice president of Launch Fishers and general manager of Launch Indiana, manager of strategic partnerships.

  • (rendering courtesy Marian University)

    Marian to Cut Ribbon on Business School Home

    Officials from Marion University will today cut the ribbon on the new home of the Byrum School of Business. The university says the $7 million Paul J. Norman Center will welcome students for classes at the beginning of the spring semester on January 8. 

  • New Schools Approved For IPFW

    The Purdue University Board of Trustees has approved the creation of three schools at IPFW. The university says the new schools are the result of ongoing academic restructuring efforts on the Fort Wayne campus as it prepares for the realignment of IPFW into two separate institutions. 

  • Spencer County Site Deemed Fiber-Ready

    The Lincoln Commerce Center in Rockport is the latest facility to be certified as AT&T Fiber Ready. The Spencer County facility is home to six nonprofit organizations.

  • Commerce Bank Named Small Business Lender of the Year

    The Indiana Statewide Certified Development Corp. has named Commerce Bank of Evansville its 2017 Indiana Small Business Lender of the Year. The award is given to the Indiana bank that devotes the largest percentage of deposits to U.S. Small Business Administration 504 loans with the Statewide CDC.

  • (L to R) Barbara Pierce Bush, Laura Bush, and Jenna Bush Hager

    Former First Lady, Daughters to Speak at Purdue

    Former First Lady Laura Bush and her daughters, Barbara Pierce Bush and Jenna Bush Hager, are scheduled to speak at Purdue University next fall. The event, titled “Women in the White House and Beyond,” is part of the univeristy's Sears Lecture Series.

  • The Speedway location is GetGo's sixth in the Indy area.

    Giant Eagle Continues Indy Growth

    Giant Eagle has opened its sixth GetGo Cafe + Market location in central Indiana. The Pittsburgh-based grocery chain says the Speedway location, its sixth in the region, brings total investment in the Indianapolis area to more than $65 million. Dan Donovan with GetGo calls the demand in and around Indianapolis "as strong as in any other GetGo market in recent history." The location offers made-to-order food including subs, salads, burgers and breakfast sandwiches. The...

  • The event kicked off Thursday with an Opening Breakfast featuring Chip Ganassi.

    PRI Trade Show Kicks Off in Indy

    The 30th anniversary of the Performance Racing Industry Trade Show has begun at the Indiana Convention Center in downtown Indianapolis. The event, which runs through Saturday, will feature more than 1,100 racing industry companies exhibiting the latest in motorsports technology.

  • Ontario Systems Names President

    Muncie-based Ontario Systems has selected Jason Harrington as president. Harrington, who previously served as senior vice president and chief revenue officer for the company, succeeds co-founder Ron Fauquher, who will continue in his role as chief executive officer. 

  • Hicks expects Indiana to achieve 2.1 percent economic growth in 2018, adding roughly 35,000 jobs.

    Ball State Report: Expect Slowing Economic Growth

    Analysis from Ball State University researchers suggests U.S. economic growth will slow in 2018. A report from the Center for Business and Economic Research predicts growth of 2.2 percent in 2018, down from an expected 2.5 percent this year. CBER Director Mike Hicks expects labor markets to remain stable, predicting an unemployment rate of between 3.5 and 4.5 percent through 2018. He spoke today at the 2018 Economic Outlook Luncheon at the Horizon Convention Center in Muncie.

  • Formstack COO Dustin Sapp operates remotely from Colorado Springs.

    Formstack Adding Colorado Office

    Indianapolis-based Formstack has announced plans to open an office in Colorado. The software-as-a-service company says the new location in Colorado Springs will serve as a hub for its outbound sales, mid-market and enterprise team, and will create 55 jobs.

  • Daniels Dubbed Influential 'Dealmaker'

    The president of Purdue University is part of a small group of leaders a key national publication says had an outsized impact on higher education in 2017. Mitch Daniels is named with eight others on the The Chronicle of High Education's 2017 Influence List. Mitch Daniels is named with eight others on the The Chronicle of High Education's 2017 Influence List. The publication says the list's goal was to spotlight "the less obvious players" that affected key higher...

  • Web Design Firm Planning Growth in New Indy Office

    Aero Interactive is celebrating the opening of its new headquarters in downtown Indianapolis. The web design, development and branding firm says the office will accommodate its growing staff, which doubled in size in 2017. 

  • Outgoing Board Chairman Ron Christian (right) passed the ceremonial gavel to Baldwin after his election. (photo courtesy Indiana Chamber)

    Indiana Chamber Names Board Chair

    The Indiana Chamber of Commerce Board of Directors has elected Chuck Baldwin chairman for 2018. Baldwin, one of two managing directors of the Ogletree Deakins law firm, is based in Indianapolis and has served on the chamber's board since 2000.

  • Huaping Zhou, president of the Institute of Xuyi Vocational Education, and VU President Chuck Johnson signed the agreement Tuesday. (photo courtesy Vincennes University)

    Vincennes Partnering With Chinese Schools

    Vincennes University has signed agreements with two educational institutions in China. The university says the deals with the Institute of Xuyi Vocational Education and Xuyi High School represent a commitment to “academic exchange and cooperation in teaching, research, and training.”

  • Blue Horseshoe broke ground on the project in March 2016.

    Blue Horseshoe to Open Carmel HQ

    Carmel-based Blue Horseshoe Solutions will Thursday cut the ribbon on its new $3.5 million corporate headquarters. The global logistics software firm announced the project in March 2016, saying it would add 70 jobs by 2020. 

  • FedEx opened its Indianapolis hub in 1988.

    Commission Approves Major Project Incentives

    The Metropolitan Development Commission in Indianapolis has approved economic development agreements with multiple companies looking to invest more than $450 million and create over 900 full-time and part-time jobs. The commission says the projects will also help retain more than 1,000 full-time jobs. Mayor Joe Hogsett says the city, in one day, "supported development in logistics, foodservice and biotech."  The largest product is from FedEx Corp. (NYSE: FDX), which...

  • HUD Secretary Ben Carson says homelessness is "everybody's problem."

    HUD: Homelessness Down in Indiana

    New estimates suggest homelessness is on its way down in Indiana. The latest numbers from the U.S. Department of Housing and Urban Development shows a 6.2 percent decrease in 2017 compared to the previous year. The report measured homelessness on a single night in 2017. The department says 5,438 Hoosiers experienced homelessness on that night, a decrease of 360 since last year, and 15.7 percent lower since 2010. Nationally, homelessness increased by 0.7 percent since 2016, but has...

  • White Lodging operates dozens of hotels throughout the country.

    White Lodging Planning to Sell Hotels

    Merrillville-based White Lodging Services Inc. is planning to offload nearly half of its hotels. The hospitality company says it will sell 82 of its suburban hotel management contracts to Virginia-based Interstate Hotels and Resorts. Financial details were not disclosed. 

  • Bonnie Blazer-Yost is leading the research team at IUPUI.

    Grant to Fund IUPUI Study on 'Water on the Brain'

    A team of researchers from IUPUI is using a $1.8 million grant from the U.S. Department of Defense to study hydrocephalus and develop potential treatments. The university says the team is conducting a preclinical evaluation of drug compounds that could be used to treat the condition known as "water on the brain."

  • The company expects its Vision 20/20 plan to save up to $30 million per year.

    Vera Bradley Earnings Top Some Estimates

    Fort Wayne-based Vera Bradley Inc. (Nasdaq: VRA) is reporting third quarter net income of $359,000, compared to $8.8 million during the same period last year. Chief Executive Officer Robert Wallstrom says the company was able to beat many expectations through expense reductions and implementing its strategic plan "more quickly than originally expected." The handbag and accessory maker says net revenues were $114.1 for the third quarter, down from $126.7 million in the...

  • Crown Point Attorney Sentenced For Mail Fraud

    A former attorney from Crown Point has been sentenced to two years in prison. Robert Stochel was convicted in May on a charge of mail fraud after stealing hundreds of thousands of dollars from a receivership under his control.

  • The Embassy Suites Hotel & Conference Center in Plainfield is expected to open in the fall of 2018.

    Indiana Tourism Conference Heading to Hendricks County

    The Indiana Tourism Association has chosen Hendricks County as the host for its annual conference in March 2019. The two-day event, which will be held in central Indiana for the first time in four years, is expected to draw more than 300 tourism professionals from throughout the state.

  • FedEx opened its Indianapolis hub in 1988.

    Commission to Consider Tax Breaks For Major Projects

    The Indianapolis Metropolitan Development Commission will Wednesday consider tax abatement proposals for several major projects. The proposals represent more than $450 million in total investment and the creation of more than 1,200 full-time and part-time jobs over the next several years.

  • (photo courtesy Indianapolis Symphony Orchestra)

    Symphony Touts Record Sales, Balanced Budget

    The Indiana Symphony Society Inc. is reporting $10.7 million in ticket sales during the 2016-2017 season, up 21 percent over the previous year. The organization says the Indianapolis Symphony Orchestra ended the year with its fourth balanced budget in five years.

  • WorkOne Hosting Elkhart Job Fair

    WorkOne Northern Indiana will Wednesday host a job fair in Elkhart. The event will feature a dozen companies looking to fill more than 600 full-time, part-time, and seasonal positions. The job fair will take place from 10:00 a.m. to 1:00 p.m. at the WorkOne office at 430 Waterfall Drive in Elkhart. 

  • Mayor Hogsett joined property owner Conrad Lambey to celebrate the Land Bank's 100th property sale.

    Indy Land Bank Hits Milestone

    The Indianapolis Department of Metropolitan Development and Renew Indianapolis are celebrating a banner year. The Indianapolis Land Bank, which is operated by the DMD, recently closed on its 100th property sale in 2017, and is on pace to complete 130 sales by year's end.

  • (photo courtesy City of Fort Wayne)

    Environmental Study Released For Fort Wayne Property

    The environmental study on the 29-acre property recently purchased by the city of Fort Wayne has been released. Our partners at WPTA-TV report the study details instances of reported spills on the North River site as well as areas of concern for the city, which will ultimately be responsible for any remediation efforts. The report, conducted by Fort Wayne-based IWM Consulting Group, says the property has been used for a variety of purposes since the early 1900s, including...

  • Tasha Eicher (left) will take over Craig Polkow's position beginning January 1.

    DeKalb Health Appoints Interim CEO

    DeKalb Health in Auburn has named Tasha Eicher interim president and chief executive officer. Eicher will succeed Craig Polkow, who announced last week he is leaving at the end of the year to accept a position with a larger healthcare system in southern Indiana. 

  • Pac-Van Acquires Louisiana Company Fleet

    Indianapolis-based Pac-Van Inc. is once again adding to its portfolio. The storage and office space solutions company has acquired the storage container, office container and mobile office rental fleet of Louisiana-based Gauthiers' On-Site Storage. Financial terms of the deal were not disclosed.

  • (photo courtesy Indiana University)

    Don Brown Biotech Startup to Invest $16M

    A biotech startup in Indianapolis is looking to establish its headquarters near the IUPUI campus. According to documents filed with the city, LifeOmic Inc. plans to invest $16 million to set up shop at the IU Emerging Technology Center and hire 225 employees by 2023. LifeOmic provides a cloud-based service that allows medical professionals to compile comprehensive medical records for specific patients in one location. The company was founded by Indianapolis entrepreneur Don Brown...

  • (Image courtesy of CraftMark LLC)

    More Investment, Jobs Planned For Indy Bakery

    Indianapolis-based CraftMark Bakery LLC is detailing plans to invest more than $56 million to expand operations in Marion County. In a filing with the city's Metropolitan Development Commission, the bakery says it will add 120,000 square feet of space to its existing facility and create nearly 120 jobs by the end of 2020. The project comes just months after CraftMark completed a $16.5 million investment in a new production line at the facility. The goal of the expansion is to...

  • Scott Fadness spoke about his city's record year for economic development on Inside INdiana Business with Gerry Dick.

    Fishers Companies Plan to Add 500+ Jobs

    The city of Fishers has announced plans from five companies to invest a total of $10.3 million to grow operations in the Hamilton County city and add more than 500 total jobs through 2021. The new investment is part of the city's record year of economic development commitments. Fishers Mayor Scott Fadness, who discussed the city's economic development growth on Inside INdiana Business with Gerry Dick, says the new investment from companies is the result of...

  • Gift to Boost Valpo College of Engineering

    Valparaiso University has received a more than $1.1 million gift from the estate of former student and faculty member Dale Kempf. The university says the money will support two faculty development funds in the College of Engineering. 

  • SmithAmundsen Adds Veteran Indy Attorney

    A well-known trial attorney in Indianapolis has joined law firm SmithAmundsen LLC. The firm says Linda Pence will be a litigation partner and will lead its national white collar crime group.

  • (Image courtesy of Eli Lilly and Co.)

    Lilly Treatment Gets FDA Approval

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says the U.S. Food and Drug Administration has approved Taltz for the treatment of active psoriatic arthritis. The FDA last year approved the injectable treatment for adults with moderate-to-severe plaque psoriasis. The company says Taltz proved effective and safe during two Phase 3 studies involving more than 670 adult patients. Lilly says results from both studies showed patients treated with Taltz achieved...

  • Recycling, Metals Company Grows Lafayette Footprint

    Lafayette-based Oscar Winski Co. has acquired the former Caterpillar Lafayette Logistics Center. Financial details were not immediately disclosed, however the company says the new facility will more than double its logistics and e-recycling capacities.

  • The 400-acre complex features 26 diamonds.

    Grand Park Investing in AstroTurf

    Grand Park in Westfield is investing $2.5 million to install artificial turf on its baseball and softball fields. Mayor Andy Cook says the move will mean fewer weather-related interruptions during tournaments. In all, the turf is being installed on the infield of 18 diamonds. Park leaders say at least eight baseball diamonds will be finished by the end of 2017, with the rest set to be complete in 2018. Grand Park's 26 baseball and softball fields are managed by Bullpen Tournaments.

  • (photo courtesy IUPUI)

    IUPUI Part of Pilot on Student Employability

    IUPUI is one of 14 higher education institutions taking part in a pilot program designed to find ways to determine if schools are property preparing students for the workforce. The Essential Employability Qualities Pilot is part of an effort to develop standards for providing graduates with the qualities sought by employers.

  • Goodnight to Lead Delegation to China

    Kokomo Mayor Greg Goodnight will Monday lead a small delegation on a week-long trip to China. The mayor will join other local representatives on a visit to Kokomo's sister city, Dongyang. 

  • The Launch(ed) Women event is set for Thursday, December 7 from 5:00-7:30 p.m. at Launch Fishers.

    Fishers Event Looks to 'Launch Women'

    Indiana University First Lady Laurie Burns McRobbie will next week host a panel discussion and networking event at Launch Fishers. Launch(ed) Women in Technology will also feature Indiana First Lady Janet Holcomb, Fishers First Lady Aunna Fadness and a keynote presentation from Indiana Secretary of Career Connections and Talent Blair Milo. The Launch(ed) Women event is set for Thursday, December 7 from 5:00-7:30 p.m. at Launch Fishers. Other participants will include Elevate Ventures...

  • ARBOC is headquartered in Middlebury.

    Middlebury Bus Manufacturer Acquired

    A subsidiary of New Flyer Industries Inc. in Canada has acquired a Middlebury-based bus manufacturer. Transit Holdings Inc. says the $95 million deal for ARBOC Specialty Vehicles LLC represents the growth and diversification strategy of its parent company.

  • Kettler Tapped to Lead ISDA

    Lieutenant Governor Suzanne Crouch has appointed Bruce Kettler director of the Indiana State Department of Agriculture. Kettler, who most recently served as director of public relations for Atlanta, Indiana-based Beck's Hybrids, will begin his new role January 8. 

  • (Picture Courtesy: One Southern Indiana) The winners were honored Thursday at a luncheon in Jeffersonville in front of more than 250 attendees.

    One Southern Indiana Unveils ACE Winners

    One Southern Indiana has announced the winners of its 2017 ACE Awards. The honors recognize members of the economic development organization in categories including Young Professional of the Year, Community Leader of the Year and Professional of the Year. The winners were honored Thursday at a luncheon in Jeffersonville in front of more than 250 attendees. The 2017 winners are:   Axiom Financial Strategies of Wells Fargo Advisors, LLC James W. Robinson ACE Award for Young...

  • (Image of Jamie Hyneman courtesy of Twitter.)

    Battery Innovation Center to Feature 'Mythbusters' Host

    The former co-host and executive producer of Discovery's "Mythbusters" will headline an Indiana technology-focused event Tuesday in Indianapolis. Jamie Hyneman will be among the speakers at this year's Battery Innovation Center Annual Stakeholder luncheon that will be emceed by Inside INdiana Business Host Gerry Dick. Additional participants include...

  • (rendering courtesy The Cake Bake Shop)

    Cake Bake Shop Planning Carmel Location

    A popular bakery and cafe in Indianapolis has announced plans to open a second location in Carmel. The Cake Bake Shop says its new restaurant will be located at Carmel City Center, inside the Baldwin building,  which is still under construction. 

  • (photo courtesy IUPUI)

    IU Trustees Approve IUPUI School Merger

    The Indiana University Board of Trustees has approved the merger of the IUPUI School of Physical Education and Tourism Management and School of Health and Rehabilitation Services. The university says the combined entity, to be known as the School of Health & Human Services will strengthen IUPUI's role in "supporting the health and well-being of Hoosiers across the state and beyond."

  • Tech Company Details Fishers Growth Plans

    Fishers-based Flexware Innovation Inc. has announced plans to expand its Hamilton County operations. The tech company says it will invest nearly $8 million to renovate and equip its current facility and create approximately 70 jobs by 2021. Flexware will begin renovations in early 2018 and says it also plans to consider building a new facility in the future. Some of the improvements to the existing 10,000-square-foot facility include...

  • Subaru to Unveil Ascent in Lafayette

    State and local officials will Friday join executives from Subaru of Indiana Automotive Inc. in Lafayette to unveil the next vehicle to be produced at the facility, the Ascent SUV. Governor Eric Holcomb's office says the event will also feature an economic development announcement.

  • (photo courtesy Ball State University)

    'Modern Family' Star Coming to Muncie

    One of the stars of the hit comedy “Modern Family” will be in Muncie this weekend. Five-time Emmy nominee Jesse Tyler Ferguson will serve as a visiting guest artist at Ball State University. Ball State says Ferguson will give an “informal talkback” with a university audience and will spent a large portion of his time working closely with students in the Department of Theatre and Dance. 

  • Alumni Make Major Gift to Notre Dame

    The University of Notre Dame is joining with two of its alumni to contribute a total of $50 million to support the university and the Congregation of Holy Cross, Notre Dame's founding religious community. The gift from the university and Mary and Jay Flaherty will, among other things, support ongoing work on Corby Hall on the South Bend campus.

  • (photo courtesy America China Society of Indiana)

    Chinese Company Opens Brownsburg Distribution Center

    A Chinese manufacturer is celebrating the opening of its first U.S. distribution center. Hangzhou Hidea Power Machinery Co. Ltd., which produces outboard engines and motors, is investing $500,000 in the Brownsburg facility and will add a small number of jobs.

  • (photo courtesy Patrick Industries)

    Patrick Completes Acquisition of California Company

    Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has completed its $81 million acquisition of LMI Inc. in California. Patrick says it will continue to operate LMI on a stand-alone basis in its existing facilities.

  • Perspectives

    • The Importance of Strategic Planning

      How many years have you put work-life balance on your list of New Year's resolutions? Every day, I see so many business owners struggle with the same issues: working 60+ hours each week, not being able to remember the last time they had a vacation, and simply feeling like it's up to them to do it all in their business. After working with countless business owners to identify and overcome their challenges, I've realized the most common root cause is a lack of strategic planning.

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    • Electric Works Lands State Incentives

      The first phase of a major redevelopment project in downtown Fort Wayne will receive state assistance. The Indiana Economic Development Corp. has awarded a conditional tax credit for Electric Works, a mixed-use innovation district located at the former GE campus. The incentive is part of the IEDC's Industrial Recovery Tax Credit program, used to boost investment in the redevelopment of former industrial facilities. Developers are projecting an initial investment of more than...

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      Nestlé USA has unveiled plans to invest nearly $80 million into its Anderson operations. Our partners at The Herald Bulletin report the company will purchase new equipment for the facility and add 30 jobs.

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      Suresh Garimella has been elected a fellow of the National Academy of Inventors. He is Purdue University's executive vice president for research and partnerships and the R. Eugene & Susie E. Goodson Distinguished Professor of Mechanical Engineering. Fellows of the NAI are inventors, nominated by their peers, for outstanding contributions in patents, licensing, noteworthy discovery, significant effect on society and support and enhancement of innovation.

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      City and development officials will break ground Friday on a $15 million sports complex in Noblesville. Finch Creek Park Fieldhouse will include five courts with hard surfaces, two turf-surfaced fields and 11 batting and pitching cages. The project, which was first unveiled a year ago, is a public-private partnership between Klipsch-Card Athletic Facilities LLC and the city. The company is also owner/operator of the fieldhouse at Grand Park in Westfield.