• GM is looking to fill more than 100 jobs in the Fort Wayne area.

    Auto Job Fair Coming to Allen County

    General Motors is hiring more than 100 new employees in Fort Wayne. The positions in everything from finance to manufacturing are following a gradually increasing presence in the area for the past few years. In 2016, the company invested $127 million in its casting plant in Bedford and planned to pump an additional $1 billion into the Fort Wayne area over the next few years to double the size of its operation. The expansion of GM’s operations has led to increased business for ...

  • (Image courtesy of Dickinson Fleet Services.)

    Dickinson Fleet Services Grows Footprint

    An Indianapolis-based transportation fleet maintenance and management company has announced an acquisition. Dickinson Fleet Services' deal for Outsource Fleet Services Inc. includes facilities in the Chicago, Columbus, Atlanta, Dallas/Fort Worth and Southern California markets. Executive Officer Ted Coltrain says terms of the deal are not being disclosed, but the company will continue to add resources to its Indianapolis corporate office.

  • (Image of Angie Raymond courtesy of Indiana University.)

    E-Commerce Ruling Generates Reaction

    A ruling by the U.S. Supreme Court on taxing e-commerce is generating reaction throughout the state. In a 5-4 decision, the high court has opened the door for online retailers to charge consumers sales tax, even if the business is based in a different state than the buyer. Both Governor Eric Holcomb and the Indiana Chamber of Commerce hail the reversal of a previous ruling as a way to "level the playing field" for Hoosier businesses competing with out-of-state-headquartered...

  • The expansion will create 20 new jobs.

    C&A Tool To Expand in Churubusco

    Expansion plans are underway for C&A Tool Engineering MinbeaMitsumi Inc. in Churubusco. The company will add equipment for manufacturing, research and development and information technology. The plans also include adding 20 new jobs. 

  • Rigging Maker Growing Indiana Footprint

    Indianapolis-based Tway Lifting Products is opening a new facility in Fort Wayne. The company, which makes industrial and commercial rigging products, says it is investing $1 million into the 20,000 square-foot Allen County operation, which will be home to a small number of new employees. The Fort Wayne site, a renovated facility, will include wire rope sling assembly, tensile load testing, chain sling fabrication and production support equipment, as well as retail capabilities.

  • Mark Howell serves as CEO of Conexus Indiana.

    Gathering to Sell Manufacturing, Logistics to Interns

    Conexus Indiana, the state's advanced manufacturing and logistics initiative, will showcase those industries Thursday in Indianapolis for 150 interns. The event will discuss job opportunities and the importance of the highly-skilled fields. Conexus Indiana Chief Executive Officer Mark Howell will deliver opening remarks and Indianapolis-based Project Lead The Way President Vince Bertram will serve as keynote speaker. Thursday's gathering is part of a two-day summit that includes...

  • Rural Indiana Facing 'Have/Have-not Situation'

    The CEO of Indianapolis-based Indiana Fiber Network calls the 16-year-old broadband internet provider "a great Hoosier success story." IFN, which was launched with a focus on high-speed connectivity for 20 rural telephone companies, now includes some 4,000 buildings throughout the state plugged-in through a network of more than 4,500 miles of fiber. Despite its growth, Jim Turner says there's still work to be done to bridge the broadband access gap in rural areas.

  • (photo courtesy WESCO Distribution)

    WESCO Growing in Delaware County

    Pennsylvania-based WESCO Distribution has announced plans to expand its operations in Delaware County. The company says it will move its Daleville branch to a new shell building currently under construction and slated to be complete by the fall. 

  • Greater Fort Wayne Inc. says construction will begin in August.

    Anodizing Startup Building in Fort Wayne

    A startup aluminum anodizing company has announced plans to build its first location in Fort Wayne. Greater Fort Wayne Inc. says Northern Indiana Anodize will invest nearly $7 million to build the facility and create up to 48 jobs by the end of 2021.

  • (rendering courtesy Pro Seal & Plastics)

    Pro Seal to Expand Fort Wayne Location

    Fort Wayne-based Pro Seal & Plastics LLC has announced plans to expand its Allen County operations. The company will invest $2.5 million to double the size of its facility and add more than a dozen jobs within the next year. 

  • (Estimate graphic provided by the I-69 Ohio River Crossing Project Team.)

    I-69 Bridge Project On-Track, Tolling 'Top Issue'

    The spokesperson for the planned Ohio River Crossing bridge project in southwest Indiana says tolling has emerged as a top issue throughout the public input process. Mindy Peterson tells Inside INdiana Business "unless there's a magic pot of money that is found somewhere, a new I-69 bridge will be tolled." She says the project team is still in information-gathering mode and questions including whether U.S. 41 will be tolled in the future will be...

  • (photo courtesy LCI Industries)

    LCI Leader Wins 'Entrepreneur of the Year'

    The chief executive officer of Elkhart-based LCI Industries Inc. (NYSE: LCII) has received a major honor. Jason Lippert has been named the 2018 EY Entrepreneur of the Year for the Midwest region.

  • (Image of General Gene Renuart courtesy of the Indiana Innovation Institute.)

    Agreement Paves Way For Microelectronics Collaboration

    A new four-way partnership aims to boost the state's national position in the field of trusted microelectronics. The Indiana Innovation Institute, Crane Naval Surface Warfare Center, Indiana University and Purdue University have inked a cooperative research and development agreement that officials say will drive research, talent and economic development. The collaboration will work to develop microelectronics that are...

  • (photo courtesy of our partners at the Daily Journal)

    Bargersville Company to Relocate

    A nearly 80-year-old company in Johnson County is looking to expand. Our partners at the Daily Journal report Bargersville-based Roy Umbarger and Sons is planning to invest $13 million to relocate its feed division to a site near Franklin.

  • (Image courtesy of The Finish Line Inc.)

    The Finish Line Acquisition Complete

    The nearly $560 million acquisition of Indianapolis-based The Finish Line Inc. is complete. The deal by JD Sports Fashion plc, a retailer headquartered in the United Kingdom, was announced in March. Finish Line shareholders last week approved the transaction. The Finish Line is now a wholly-owned subsidiary of JD Sports. Finish Line Chief Executive Officer Sam Sato will remain with the surviving corporation and will maintain a seat with the board of directors.

  • (photo courtesy New Mill Capital Holdings and Tiger Group)

    Sazerac Acquires Former General Mills Plant

    Louisiana-based Sazerac Co. Inc. has made the first step in its recently-announced plans to locate a new alcohol bottling facility in Indiana. The company has purchased the former General Mills plant in New Albany for an undisclosed sum, a move that is part of an overall $66 million investment that is expected to create up to 110 jobs by 2021. A joint venture between New Mill Capital Holdings LLC and Tiger Group sold the facility to Sazerac. The 455,000-square-foot plant closed...

  • (photo courtesy WTHI-TV)

    Terre Haute Council Sets Hearing With Sony DADC Reps

    The Terre Haute City Council has scheduled a hearing with representatives from Sony DADC regarding the company's tax incentives. Our partners at WTHI-TV report the hearing is related to layoffs the company announced in January.

  • NTK Precision Axle Corp. announced plans for a new facility in March 2017. (rendering courtesy NTK)

    NTK Receives Late Incentives For Anderson Plant

    The Anderson City Council has approved belated tax incentives for Japan-based NTK Precision Axle Corp. Our partners at The Herald Bulletin the approvals are related to the company's 300,000-square-foot manufacturing facility, which began production earlier this year.

  • Allegiant International Acquired by Cincy Company

    A Cincinnati-based engineering, supply chain, technical recruiting and IT services supplier has acquired Indianapolis-based Allegiant International LLC. Belcan LLC is not disclosing the financial terms of the deal. 

  • (Rendering courtesy of RTM Ventures.)

    Draft: City Willing to Chip in More For Electric Works

    The city of Fort Wayne has released a draft development agreement that shows officials are on-board with seeking $62 million in public funds requested by the redevelopment group behind the proposed transformation of the abandoned General Electric campus. Paperwork released by the city details a series of conditions RTM Ventures LLC must meet in order to receive the incentives for the $440 million Electric Works project. Mayor Tom Henry's previous public statements involved...

  • Walmart: New Milk Plant Fed by Hoosiers Farmers

    The largest retailer in the country will host a grand opening Wednesday in Fort Wayne for its first milk processing plant in North America. The 250,000 square-foot Walmart Inc. (NYSE: WMT) facility, the company says, has already created more than 300 jobs. Plans for the plant were unveiled two years ago following an increased emphasis by the Indiana State Department of Agriculture on boosting the Hoosier dairy industry. In an interview with Inside INdiana Business...

  • Coda comes to the ports building on a 25-year logistics career.

    Ports of Indiana Names New CEO

    The Ports of Indiana has named Vanta E. Coda II its next chief executive officer. Coda most recently served as executive director of the Duluth Seaway Port Authority, which the organization says is the busiest port district on the Great Lakes. His previous experience also includes an executive role with Jeffersonville-based American Commercial Barge Lines. Coda succeeds Rich Cooper, who is retiring next month after 16 years with the Ports of Indiana.

  • (image courtesy of Manufacturing courtesy of the Economic Development Corp of Elkhart County.)

    Report: Elkhart-Goshen Region Tops in Job Growth Since Recession

    U.S. Department of Labor data shows three Indiana cities have made some of the largest employment gains in the country since the end of the Great Recession. Bloomberg reports employment in the Elkhart-Goshen region increased by more than 41,300 jobs since 2009, the highest in the U.S. Kokomo was third overall and Columbus came in 13th. The numbers suggest unemployment in Elkhart-Goshen fell by nearly 14,000 over the last nine years.

  • MasterBrand Cabinets Closes Alabama Facility

    Jasper-based MasterBrand Cabinets abruptly closed its Auburn, Alabama facility on Tuesday. The company had operated at the location since 1999. MasterBrand released a statement just after the announcement Tuesday morning, in which they stated the company "continued to see market conditions and consumer tastes change over the last few years. In order to improve operational efficiencies while addressing these market changes, we will close the Auburn, AL manufacturing plant eff...

  • (Image courtesy of Cook Group)

    Cook Medical Poised to Purchase High-Profile NC Property

    Bloomington-based Cook Medical has announced an agreement to acquire a former cigarette factory in North Carolina. The medical device manufacturer says it plans to transform the R.J. Reynolds building, vacant since 2012, into the new home for its Winston-Salem operations. Cook Medical employs more than 650 in the North Carolina city. Cook Medical Winston-Salem facility President Barry Slowey says...

  • ClearObject Collaboration Acts as 'Accelerator'

    The chief executive officer of Fishers-based ClearObject Corp. says a new partnership with UI Labs' Digital Manufacturing and Design Innovation Institute in Chicago will broaden the Internet of Things-focused company's global presence. John McDonald says the collaboration will provide access to university and industry talent, expertise and connections. ClearObject is one of over 300 UI Labs partners, including Boeing Co. (NYSE: BA), Caterpillar Inc. (NYSE: CAT) and...

  • (photo courtesy The Times of Northwest Indiana)

    Valpo Steel Workers Go On Strike

    Workers at the Union Electric Steel plant in Valparaiso are on strike. Our partners at The Times of Northwest Indiana report more than 80 employees are picketing the plant over pay issues with the Pennsylvania-based company.

  • (Image courtesy of Save The Medora Brick Plant.)

    Local Group Working to Turn Old Brick Plant Into Park

    A community-based group that owns a historic Jackson County landmark is looking toward the future with recent clean-up efforts that could lead to its eventual restoration as a park. Medora Brick Plant & Historical Sites Inc. recently held a dedication ceremony and discussed its intention to transform the site into an attraction. Bricks were produced on-site until the early 1990s and the organization officially acquired the property in December. The Tribune in Seymour reports...

  • Patrick Acquires Marine Accessories Corp.

    Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has acquired Tennessee-based Marine Accessories Corp. Financial terms of the deal were not immediately disclosed, however Patrick says MAC will continue to operate under its brand names in its existing facilities.

  • Public Meeting to Detail I-69 Work

    A public meeting Monday will focus on additional construction work on I-69 in east central Indiana. The meeting will be conducted by the Indiana Department of Transportation to detail and answer questions about added travel lanes and maintenance. The work will involve a section of the interstate between State Road 38 and State Road 32. The hour-long public meeting will include INDOT and contractors Walsh Construction and Rieth-Riley. It will begin at...

  • (Graph courtesy of Conexus Indiana and Ball State University.)

    State Scores 'A' in Manufacturing, Logistics Health

    A new study shows employment in the manufacturing sector in Indiana is expanding faster than ever before and the logistics industry is experiencing its second-longest expansion in 50 years. The 2018 Manufacturing and Logistics Report Card, a collaboration between the Ball State University Center for Business and Economic Research and Conexus Indiana, graded states in nine categories and Indiana is one of only five states to receive an "A" overall.

  • Ivy Tech, Manufacturer Offering Degree Pathway

    Ivy Tech Community College in Fort Wayne has signed an agreement with Columbia City-based manufacturer 80/20 Inc. The deal gives the company's employees the chance to earn college credit through Ivy Tech's Achieve Your Degree program. 

  • (Image courtesy of the RVIA)

    RV Industry Association Forecasting Record Years

    The Recreational Vehicle Industry Association expects a record year in 2018 and even higher totals next year. The Virginia-based organization, which has an office in Elkhart and represents some 400 manufacturers and suppliers, expects close to 540,000 units to ship in the U.S. by year's end. The industry and Elkhart County where most RVs are made were hit hard by the Great Recession, but the RVIA says it has experienced nine consecutive years of growth and two straight record years.

  • (photo courtesy Subaru Indiana Automotive)

    Subaru Continues Sales Growth

    Subaru of America Inc., which markets and distributes models made by Subaru of Indiana Automotive Inc. in Lafayette, is reporting the best May sales in the history of the company. The automaker says the month also marked the best May ever for the Outback model, which is made in Tippecanoe County. In all, Subaru of America is reporting a 7.2 percent sales increase compared to May 2018, which it says makes 78 consecutive months of yearly month-over-month growth.

  • Thor relocated its headquarters to Elkhart County in 2013.

    Another Record Quarter For Thor

    Elkhart-based Thor Industries Inc. (NYSE: THO) is reporting record fiscal third quarter net income of $113.8 million, up from $111.3 million during the same period last year. Chief Executive Officer Bob Martin says the results "reflect another period of solid growth of both sales and earnings." 

  • New Nonstops Debut in South Bend

    South Bend International Airport will Thursday celebrate the arrivals of its latest nonstop flights. The flights between Dallas/Fort Worth International Airport and Charlotte Douglas International Airport are part of an ongoing effort to attract more nonstop and direct flights at SBN. American Airlines is the carrier for both routes, which will travel to two of the carrier's largest hubs. Executive Director Mike Daigle says the flights are a result of...

  • Another Acquisition For LCI Industries

    Elkhart-based LCI Industries (NYSE: LCII) is continuing its growth through acquisitions in 2018. The company has acquired Italy-based manufacturer STLA s.r.l. in a $15.4 million deal.  STLA manufactures bed-lifts and other recreational vehicle components for the European caravan market.

  • (Image courtesy of Eli Lilly and Co.)

    Indiana, Metro Areas Stand Out in Life Sciences Report

    A new survey shows Indiana is again a top-rated state for employment in the life sciences industry. The results from a bi-annual report from the Biotechnology Industry Organization and TEConomy Partners show tens of thousands of Hoosier jobs are connected to subsectors including agriculture feedstock and chemicals, drugs and pharmaceuticals, and medical devices and equipment. Other categories include...

  • (rendering courtesy Marshall County EDC)

    Argos Manufacturing Center Set to Open

    Officials in Marshall County will Wednesday cut the ribbon on the nearly $2.8 million Argos Manufacturing Center. The facility, which received $400,000 in Regional Cities Initiative funding, is in the town's 75-acre industrial park.

  • (photo courtesy Wabash National)

    New Wabash National CEO Begins

    The new chief executive officer of Lafayette-based Wabash National Corp. (NYSE: WNC) has begun his tenure. Brent Yeagy was named CEO in December, succeeding Dick Giromini, who stepped down from the role Friday. 

  • Haynes International CEO to Retire

    The chief executive officer of Kokomo-based Haynes International Inc. (Nasdaq: HAYN) has announced plans to retire. Mark Comerford, who has served in the role for nearly 10 years, will remain with the company as an advisor through September 30, which is the end of the company's fiscal year.  Michael Shor, chairman of the board for Haynes, will serve as interim president and CEO until a permanent successor to Comerford is named. The company says Comerford will assist Shor during...

  • I-69 + P3 Summit Set in Bloomington

    An event focusing on the evolution and potential of a high-profile corridor kicks off Tuesday in Bloomington. The Indiana Chamber's I-69 + P3 Summit will bring together leaders from business, government and higher education. It will feature discussions, presentations and breakout session on legislative action, federal infrastructure developments and short and long-term action. Other professionals involved in the event hail from...

  • (photo courtesy Rockwell Automation)

    Rockwell Automation Planning 230 Whitestown Jobs

    A Milwaukee-based industrial automation company is detailing plans to consolidate Illinois and Tennessee operations into a Whitestown facility. Rockwell Automation Inc. (NYSE: ROK) says it will invest nearly $16.5 million into a new distribution and warehousing operation at the All Points at Anson Development near I-65 in the Boone County town. The move is expected to involve more than 230 jobs over the next five years.

  • Skyline Corp. is headquartered in Elkhart.

    Skyline, Champion Merger Complete

    The merger of Elkhart-based Skyline Corp. and Champion Enterprises Holdings LLC in Michigan is complete. The combined company, known as Skyline Champion Corp., will trade on the New York Stock Exchange under the ticker symbol SKY.

  • Hollingsworth calls shipping "very much the blood that runs through the veins of this economy."

    Rep Pushing Truck Driver Shortage Plan

    Congressman Trey Hollingsworth (R-9) says "antiquated federal laws" are in part fueling a national shortage of 89,000 commercial truck drivers. He joined representatives from Mister "P" Express Inc. today in Jeffersonville to push a proposal that would let those with commercial driver's licenses undergo additional training to be able to drive across state lines. He says his proposed DRIVE-Safe Act would allow more companies to hire and invest in...

  • Tom Salmon was named CEO in February 2017.

    Berry CEO Bullish on Continued Growth

    The chief executive officer of Evansville-based Berry Global Inc. (NYSE: BERY) says the company’s $70 million expansion in southeast Indiana is the result of being an inquisitive company. Berry is in the midst of hiring what will ultimately be 150 new employees by 2020 and Tom Salmon says he is excited about growing in Evansville, which he calls the “cornerstone of our company.” In an interview on Inside INdiana Business with Gerry Dick, Salmon said...

  • Representatives from One Southern Indiana and the Indiana Motor Truck Association will also take part in Monday's event.

    Hollingsworth, Industry Reps to Discuss Driver Shortage Proposal

    Congressman Trey Hollingsworth (R-9) will Monday join representatives from Jeffersonville-based Mister "P" Express Inc. and others to discuss the truck driver shortage facing Indiana and the United States. Hollingsworth will detail the proposed DRIVE-Safe Act, which supporters say will train the next generation of drivers to meet industry needs. Representatives from One Southern Indiana, Greater Louisville Inc. and the Indiana Motor Truck Association will also...

  • Rolls-Royce, AM General Score Military Contract Boosts

    The U.S. Department of Defense has awarded military contract extensions to Rolls-Royce Corp. in Indianapolis and South Bend-based AM General LLC. The contracts total more than $72 million. 

  • David Graziosi (photo courtesy Allison Transmission)

    New Allison CEO Begins Tenure

    The new chief executive officer of Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) has begun his new role. David Graziosi, who was named CEO in August, succeeds Lawrence Dewey, who retired Thursday.

  • Patrick Acquisitions Continue

    Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has is continuing its acquisition momentum. The company has completed its deal for Wisconsin-based Dowco Inc., though financial details were not immediately disclosed.

  • (photo courtesy Bennington Pontoon Boats)

    Elkhart Boat Manufacturer to be Acquired

    Minnesota-based Polaris Industries Inc. (NYSE: PII) has announced plans to acquire a pontoon boat manufacturer in Elkhart. The $805 million deal for Boat Holdings LLC is expected to close in the third quarter. Polaris says Boat Holdings is the largest manufacturer of pontoon boats in the country and generated $560 million in sales in 2017. The company says when the acquisition is complete, Boat Holdings will operate as a Polaris subsidiary with its headquarters and...

  • The Bristol facility manufactures the company's Utilimaster brand vans.

    Spartan to Host Job Fair in Bristol

    A subsidiary of Michigan-based Spartan Motors Inc. (Nasdaq: SPAR) will Thursday afternoon host a job fair in Elkhart County. Spartan Fleet Vehicles & Services says it is looking to fill 200 positions at its delivery vehicle manufacturing facility in Bristol. 

  • SF Motors unveiled concept vehicles in March.

    SF Motors Details Major Mishawaka Plans

    California-based SF Motors has detailed plans for a manufacturing hub in Mishawaka. The electric vehicle maker says it will invest more than $160 million to purchase, renovate and equip the St. Joseph County plant and create up to 467 jobs by 2020. The company says many of the hires will be displaced workers from the facility, which was formerly owned by AM General. SF Motors initially announced plans to acquire the Mishawaka commercial assembly plant in June of 2017.

  • More Military Contracts For Raytheon

    The U.S. Department of Defense has awarded Raytheon Co. in Indianapolis another military contract. The $9.5 million contract calls for technology support and software development services for the H-53 aircraft. 

  • Medical Device Manufacturer to Close Plainfield Facility

    California-based DJO Global has announced plans to close its facility in Plainfield. In a notice to the state, the medical device manufacturer says it will lay off 70 employees beginning in August before the facility closes at the end of October.

  • (rendering courtesy PTS Diagnostics)

    New Headquarters Breaks Ground in Whitestown

    An Indianapolis based medical device manufacturer has broken ground on a 135,000-square-foot global headquarters in Whitestown. PTS Diagnostics' $30 million project will take almost a year to complete and is projected to bring an additional 50 to 70 jobs to the Boone County town over the next 3 to 5 years.

  • (Image Courtesy Caterpillar Oil & Gas) The Caterpillar Lafayette Engine Center, built in 1981, is one of the company's most well-known operations in the state.

    CAT Planning Big Lafayette Investment

    One of Lafayette's largest employers is planning a big expansion at its Tippecanoe County operations. Illinois-based Caterpillar Inc. (NYSE: CAT) is seeking tax incentives on a proposed $73.6 million investment that could add 125 jobs. The heavy machinery manufacturer also says more than 1,350 employees will be retained as a result. The new jobs are expected to pay an average of around $28 per hour. The company says financing has already been approved for the project and the work...

  • (Image provided by Keating Supercars LLC.)

    'Supercar' Company to Open Discovery Park Facility

    England-based Keating Supercars LLC will Thursday officially dedicate its carmaker space at Purdue University's Discovery Park District in West Lafayette. The company will use the facility to produce the Viperia Berus coupe, what it calls the fastest street-legal vehicle in the United States. Keating says the car is able to reach speeds topping 230 miles per hour. The company plans to ultimately produce around 100 of the vehicles per year at Purdue. They are slated to...

  • Lightweighting focuses on using lightweight metal alloys to reduce weight, while enhancing performance--typically in the transportation industry. (photo courtesy State of Indiana)

    Report: Lightweighting Employment Highest Since 2006

    A report from Detroit-based LIFT (Lightweight Innovations for Tomorrow) says advanced manufacturing employment in Indiana reached new heights in 2018 with nearly 520,000 workers employed. 

  • In Austria, First Lady Holcomb visited the world headquarters of Fronius. The company’s North American headquarters is in Portage, Indiana.

    Hoosier Delegation Descends On Switzerland, Austria

    The Indiana delegation led by Governor Eric Holcomb is continuing its economic development efforts in Europe, now focusing on Central Europe and the companies that have a Hoosier presence. 

  • 16 Tech Taps Former LDI Exec For COO

    16 Tech Community Corp. has named Emily Krueger chief operating officer. She previously served as vice president of administration for Indianapolis-based LDI LTD. The organization is the operating entity of the high-profile, 60-acre 16 Tech innovation district coming together on the city's near west side. Krueger will help lead development efforts. Plans for 16 Tech include research and innovation space, as well as...

  • (Image Courtesy of RES Polyflow LLC)

    Plastics-to-Fuel Facility Clears Key Hurdle

    The Steuben County Board of Commissioners has approved a $1.5 million loan to support an Ohio company's planned plastics-to-fuel processing plant. The Herald Republican in Angola reports RES Polyflow expects to close soon on financing through the Indiana Bond Bank and could begin construction on the $131 million project in the coming weeks. Plans call for half of an 80-acre property to be used by the company, with the other half left open for additional development opportunities.

  • Centric, Inc. opens applications for latest Indiana Innovation Awards

    Applications Open for Indiana Innovation Awards

    Centric Inc. has announced it is accepting applications for the eighth annual awards that recognize individuals and organizations who lead innovation in the state. The Indiana Innovation Awards cover a wide range of industries, including manufacturing, technology, education and the arts. Past winners include Holiday World & Splashin' Safari, Octiv, Delta Faucet, 21st Century Charter School of Gary, Brackets for Good and RDM Aquaculture.

  • Do it Best CEO: Talent Needs Serve as Growth 'Governor'

    The chief executive officer of Fort Wayne-based Do It Best Corp. says the co-op's retailers are more concerned about talent attraction and retention than other issues including competition from big box stores and e-commerce. Dan Starr says low unemployment are putting pressure at "all levels" for the second-largest home improvement retail co-op in the country and the industry as a whole. Do It Best was founded in 1945 and currently employs nearly...

  • GTA Containers is headquartered in South Bend.

    Another Military Contract For GTA Container

    South Bend-based GTA Container Inc. is one of two companies to receive a three-year, multi-million-dollar military contract. The nearly $12 million contract from the U.S. Department of Defense calls for the production of collapsible nonmetallic hose assemblies. 

  • Patrick CEO Named Chairman of the Board

    The chief executive officer of Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) is adding to his leadership duties. The company's board of directors has appointed Todd Cleveland chairman of the board. Cleveland already served as a member of the board. 

  • Alcoa's Warrick Operations facility covers 9,000 acres.

    Smelter on Road to Restart

    A big industrial property in southwest Indiana is set to restart in the coming weeks. The Courier & Press in Evansville reports three of five potlines closed two years ago by the Alcoa Corp. (NYSE: AA) at the Alcoa Warrick Operations will be open again by the end of the summer and 275 jobs that were cut will come back along with it. The smelters, the company tells the publication, will continue to be powered by coal mined from local areas, including...

  • Last year, NineStar outlined efforts to expand fiber optic service in 10 Indiana counties.

    NineStar Connect Buys Cumberland Utility

    The town of Cumberland has accepted an offer from Greenfield-based NineStar Connect to acquire Gem Water Utility, which has been town-owned since 2010. As part of the deal, the nonprofit co-op says its communications subsidiary will build a fiber optic network connecting municipal buildings, parks and trails. NineStar also says it will begin building high-speed fiber optic facilities to each home and business within the Gem Water Utility territory within two years.

  • Skyline Corp. is headquartered in Elkhart.

    Completed Merger, NYSE Listing Nears For Skyline

    Weeks before its planned merger with a Michigan company is expected to close, Elkhart-based Skyline Corp. has begun the process of transitioning to a listing on the New York Stock Exchange. The manufactured and modular home producer says the NYSE listing will become active once the deal with Champion Enterprises Holdings is complete, which is expected to be within the first half of the year. Skyline Champion Corp., which will be the name of the combined business, will trade on the...

  • Kimball Electronics to Acquire California Company

    Jasper-based Kimball Electronics Inc. (Nasdaq: KE) has announced plans to acquire California-based GES Holdings Inc., Global Equipment Services and Manufacturing Inc. and its subsidiaries. Kimball says the $50 million deal is expected to close in the first quarter of the company’s 2019 fiscal year.

  • Calumet Loss Continues to Narrow

    Indianapolis-based Calumet Specialty Products Partners LP (Nasdaq: CLMT) is reporting a first quarter net loss of $4.8 million, compared to a loss of $6.2 million during the same period last year. Chief Executive Officer Tim Go says the company remains "intently focused" on progressing its strategic priorities this year.

  • (Image courtesy of CSN.)

    Steel Dynamics Adding Terre Haute Operation

    Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) has acquired a Terre Haute steel producer. The deal for Heartland Steel, a subsidiary of Brazil-based CSN Steel S.L.U., is valued at $400 million. Steel Dynamics says the addition boosts its flat roll steel production capacity from 8.4 million tons to 12.4 million tons. CSN took on Heartland Steel Inc. in Vigo County 17 years ago for $175 million. CEO Mark Millett says...

  • (Image courtesy of the GPTC.)

    Region Readies For Transportation Summit

    A two-day event focusing on mass transit opportunities in northwest Indiana will kick off Thursday in Hammond. The Regional Transportation Corporation Summit, hosted by the Gary Public Transportation Corp., will feature presentations and discussion on existing transportation and potential related development to boost the region's workforce and quality of life. Speakers include...

  • Nathan Glass will lead the division as senior VP of product development.

    Plastics Company Launches New Division

    Fortville-based Genesis Plastics Welding Inc. has launched a new division focusing on the medical device industry. The company says MedTech Launch will assist medical device startups in navigating the product launch process, from initial concept to production.

  • Former Angie's List COO Now Advocating For 'Best-Kept Secret'

    The new chief executive officer of the state's advanced manufacturing and logistics initiative says the two industries are among Indiana's "best-kept secrets." Mark Howell, who previously served as chief operating officer of Angie's List and president of Brightpoint Americas, took the helm of Conexus Indiana in January and says 20 percent of the Hoosier work force is connected to the sectors, producing 30 percent of the state's Gross Domestic Product. Howell says...

  • AM General produces Humvees for the military.

    AM General Awarded Military Contract

    The U.S. Department of Defense has awarded a major five-year contract to South Bend-based AM General LLC. The more than $69 million contract calls for the production of Humvees for the U.S. Army.

  • (photo courtesy Ball State University)

    Ball State Names Center After Former UPS CEO

    Ball State University has named its Logistics and Supply Chain Management Center after a former chief executive officer of United Parcel Service Inc. (NYSE: UPS). The university says the move honors Kent "Oz" Nelson for his career and "lasting impact on the university and the Miller College of Business."

  • (Image courtesy of the Ports of Indiana.)

    Unprecedented Mount Vernon Shipments Drive Record

    The Ports of Indiana is reporting a record first quarter. The statewide port authority says the Port of Indiana-Mount Vernon had the highest volume ever for any Indiana port in the first three months of the year, driving the total cargo handled by the three ports to 3.2 million tons. Big jumps in coal and grain shipments helped boost the record in Mount Vernon, which is coming off a record year for any port in the system's 57-year history.

  • Racing Events Spark STEM Connections

    Multiple off-track initiatives at the Indianapolis Motor Speedway will spotlight the connections among racing, technical skills and innovation for middle school, high school and college students. The Student Karting World Finals, M-STEM3 Student Fair and the Honda STEAM Connections Tour provide participants experiences that demonstrate science, technology, engineering, arts and math pathways and career possibilities. M-STEM3, which stands for...

  • Kinetrex has multiple filling, storage and liquefaction facilities throughout Indianapolis.

    Kinetrex Adds 'Rolling Laboratories'

    Indianapolis-based Kinetrex Energy has added a small-scale transportation venture. The liquified natural gas supplier, which was a subsidiary of Citizens Energy Group before its acquisition last year by Chicago-based Parallel49 Equity, has invested $500,000 into two LNG-powered fuel delivery trucks. Since the beginning of the year, Kinetrex has added six employees. It operates two liquefaction plants in Indianapolis and says...

  • (photo courtesy Rockwell Automation)

    Rockwell Consolidating Operations to Indy

    Wisconsin-based Rockwell Automation Inc. (NYSE: ROK) is planning to move operations in Illinois and Tennessee to Indianapolis. The News-Gazette in Illinois reports the company will open a distribution center in Indy as part of a consolidation effort.

  • (Image courtesy of Cummins Inc.)

    Cummins, Chinese Automaker Joining Forces

    Columbus-based Cummins Inc. (NYSE: CMI) has formed a joint venture with a Chinese automaker. The collaboration with JAC Motors, officially known as Jianghuai Automobile Group Co. Ltd, involves Cummins' acquisition of Navistar's half of the JAC-Navistar Diesel Engine Co. The joint venture will maintain its manufacturing operations in China. The deal still requires regulatory approvals. Cummins Group Vice President of China and Russia Steve Chapman says...

  • Honda says the investment into Insight production reflects its strategy of boosting its portfolio of electrified vehicles.

    Honda Begins Insight Production, Announces Investment

    Honda Manufacturing of Indiana has announced more than $30 million in new investment at the Greensburg plant as it begins mass production of the 2019 Honda Insight. The project includes a nearly 20,000 square-foot facility expansion to accommodate the vehicle's assembly. Honda says the Insight marks the first time HMIN has produced an electrified vehicle. The automaker debuted the hybrid sedan in January at the North American International Auto Show in Detroit. Honda says the...

  • (Image courtesy of Lilly.)

    Lilly Re-Acquires Cancer Compound

    For the second time in a week, Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced a big acquisition. The deal for AurKa Pharma Inc. in Canada involves an upfront payment of $110 million. The total value of the transaction could grow by up to $465 million if certain regulatory, marketing and sales marks are met. Last week, Lilly announced the $1.2 billion acquisition of ARMO BioSciences, which is based in California. AurKa Pharma was launched by...

  • (Image courtesy of Hardwoods Specialty Products Inc.)

    Hardwood Specialty Products Relocates in Elkhart

    A manufacturer in Elkhart is detailing expansion plans. Canada-based Hardwoods Specialty Products Inc. has invested around $4 million into a new distribution operation in Elkhart. The company says the 135,000 square-foot facility will help better serve customer demand. Its client base throughout the Midwest includes customers in Indiana, Ohio, Illinois, Kentucky, Missouri, Michigan and Minnesota. Hardwoods says it currently employs a total of 20 in Elkhart and could...

  • Allison Transmission Promotes Bohley to CFO

    The board of directors for Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) has promoted Fred Bohley to chief financial officer. Bohley, who has been with the company since 1991, will assume his new role in June.

  • (Rendering of potential redevelopment at old Anco property provided by Flaherty & Collins.)

    Big Redevelopment Proposed at Former Anco Plant

    The city of Valparaiso, Flaherty & Collins Properties and a craft spirit distiller are in the early stages of hammering out details on what could be a $120 million transformation of a former windshield wiper factory. The Indianapolis-based developer was chosen by the city's Redevelopment Commission over another finalist, South Bend-based Holladay Properties, to continue discussions on the old Anco factory property. Michigan-based Journeyman Distillery is also...

  • (Image provided by Conexus Indiana.)

    Cummins Exec Joins Conexus Board

    Conexus Indiana has added Tim Millwood to its board of directors. Millwood serves as vice president of global manufacturing at Columbus-based Cummins Inc. (NYSE: CMI). Conexus Chief Executive Officer Mark Howell says "Tim is a valuable addition to the board who will provide important perspective from his longtime leadership at Cummins." Millwood has been with Cummins for 26 years, and...

  • (Image courtesy of LINDAL Group.)

    Manufacturer Touts New Columbus Facility

    Lindal North America Inc. is showcasing its new Columbus facility. The company, a subsidiary of Germany-based Lindal Group, manufactures aerosol packaging components for what officials call "international power brands" in the cosmetics, household products and pharmaceutical sectors. The $20 million facility broke ground one year ago and is expected to grow the company's 65-employee Columbus presence by 30. Lindal Group Chief Executive Officer Francois-Xavier Gilbert says...

  • (Image of Purdue University team courtesy of agBOT Challenge.)

    AgTech 'Pre-Commercial Battleground' Set For Year Three

    The third annual agBOT Challenge is a week away in rural Parke County and its founder says the event lets college teams "push the limits" with their agricultural technology concepts. Steve Gerrish, who is chief executive officer of Rockville-based airBridge and owner of the more than 600-acre Gerrish Farms where the competition is held, says the agBOT Challenge has already provided a boost for advanced technologies like...

  • (Image courtesy of Bankers Life Fieldhouse.)

    Conexus, Pacers Announce STEM Fest Grants

    Nine schools have earned grants from the Pacers Foundation following the Indiana Pacers 2018 STEM Fest. Conexus Indiana, the state's advanced manufacturing and logistics initiative, says the funding went to the schools with the highest attendance at this year's event. STEM Fest, which took place in February, involved more than 40 business, nonprofit and education organizations. The event drew attendees from 130 schools from throughout the state.

  • EggLife to Build White County Plant

    A food production company has announced plans to build a new processing plant in White County. EggLife LLC says the $10 million facility will create up to 30 jobs and Wolcott will be the company's headquarters. EggLife says the 60,000-square-foot plant will house the production of its EggLife Sandwich/Tortilla Wrap. The company says construction on the facility is expected to begin in the summer and be complete in October.

  • The engines will be used in the MQ-4C Triton unmanned aerial vehicle.

    Rolls-Royce Awarded Military Contract Boost

    The U.S. Department of Defense has awarded a nearly $26 million contract extension to Rolls-Royce Corp. in Indianapolis. The contract calls for spare engines for the U.S. Navy's Triton program. 

  • Irish Ambassador: Indiana Has 'Sense of Its Own Future'

    The Ambassador of Ireland to the United States says he hopes a U.S. State Department-sponsored visit to Indianapolis, Columbus and Bloomington will sprout new relationships and global investment opportunities in Indiana. Daniel Mulhall is one of more than 30 foreign dignitaries who toured major Hoosier employers like Cummins Inc. (NYSE: CMI), Eli Lilly and Co. (NYSE: LLY) and Indiana University and networked with community leaders and executives through the Experience America initiative.

  • Manufacturer to Establish Salem Plant

    A plastics manufacturer has announced plans to invest $2.3 million to establish a new production facility in Washington County. Tian Yuan, a joint venture with New Albany-based Shaw Brothers Co. Inc., says the plant will create up to 35 jobs by 2021. The Indiana Economic Development Corp. says the facility will be used to produce plastic resin used for the process of mixing raw plastic materials. The company will lease and equip the 27,500-square-foot manufacturing facility...

  • Kimball International CEO Bob Schneider (photo courtesy of Kimball International Inc.)

    Kimball International CEO to Retire

    Kimball International Inc. (Nasdaq: KBAL) has announced CEO Bob Schneider will step down later this year. Schneider informed the Jasper-based company's board of directors that he will retire October 31, after four years at the head of the company. 

  • RecycleForce Receives EPA Grant

    Indianapolis-based RecycleForce is one of 16 organizations across the country to receive an EPA grant to fund various job programs. The EPA awarded  $200,000 for environmental job training programs to help local residents find work in the environmental field. 

  • Kimball International Remains Bullish on Acquisitions

    The chief executive officer of Kimball International Inc. (Nasdaq: KBAL) says the Jasper-based furniture manufacturer will continue to actively pursue acquisition opportunities. In the company's most recent earnings report, Bob Schneider said Kimball has completed the acquisition of California-based D'style Inc., which produces metal furnishings for public spaces and guest rooms. In the fiscal third quarter, Kimball is reporting net income of...

  • (Image of southern Indiana courtesy of the Southern Indiana Development Commission.)

    Five-County Study Finds Broadband Access Lagging

    A recent study by the Purdue Center for Regional Development shows the five-county region of the Southern Indiana Economic Development Commission is lacking in broadband access. The research, which involved Daviess, Greene, Knox, Lawrence and Martin counties, suggests more than 20 percent of residents and 50 percent of businesses in the region do not have access to broadband. The study shows lack of availability can have negative effects on issues from...

  • Raytheon In Fort Wayne Received Military Contract

    The U.S. Department of Defense has awarded a nearly $12 million contract to Raytheon Co. in Fort Wayne. The work involves aviation radio technology and services. The contract is slated to be complete by April 19, 2020. The components will be used for the AN/ARC-231 multi-mode aviation radio suite. The technical, engineering and logistic services will support product manager and aviation mission equipment.
  • (Image courtesy of Cummins Inc.)

    Cummins to Host Foreign Ambassadors in Columbus, Indy

    More than 30 foreign ambassadors are in Columbus and Indianapolis Monday through a U.S. State Department program described as providing an "intimate and informative look at the diverse fabric of America." The group of dignitaries, which represent countries on four continents, will tour the Cummins Inc. (NYSE: CMI) Midrange Engine Plant in Bartholomew County and attend an evening reception at the Cummins Indianapolis Distribution Headquarters through...

  • The first Ascent will come off the line during a ceremony this afternoon in Lafayette

    SIA Begins Ascent Production

    The first 2018 Subaru Ascent will this afternoon roll off the assembly line at Subaru of Indiana Automotive Inc. in Lafayette. The new production sparked a $140 million investment at the plant along with plans to create up to 200 jobs. SIA also produces the Outback, Legacy and Impreza models at the Tippecanoe County plant. The automaker debuted the Ascent last year at the Los Angeles Auto Show. The model is a three-row SUV that seats up to eight passengers.

  • Paragon Medical is headquartered in "The Orthopedics Capital of the World," Kosciusko County.

    Acquisition of Paragon Medical Complete

    Tennessee-based NN Inc. (Nasdaq: NNBR) has completed its $375 million acquisition of Paragon Medical Inc. in Kosciusko County. NN Chief Executive Officer Richard Holder says the deal continues the manufacturer's efforts to expand its life sciences portfolio.

  • (photo courtesy Winnebago)

    Construction Begins on Winnebago Expansion

    Iowa-based Winnebago Industries Inc. (NYSE: WGO) has broken ground on a more than $12 million expansion project in Middlebury. The company is adding 200,000 square feet of space at its Winnebago Towables campus with plans to add up to 125 jobs by 2019.

  • The company changed its name from Berry Plastics to Berry Global Group in April 2017.

    Berry Global Profit Rises, Hits Record Sales

    Evansville-based Berry Global Group Inc. (NYSE: BERY) is reporting fiscal second quarter net income of $90 million, up from $72 million during the same period last year. Chief Executive Officer Tom Salmon says the company also hit a quarterly record for net sales, which topped $2 billion.

  • Hillenbrand is headquartered in Batesville. (photo courtesy Hillenbrand)

    Hillenbrand Revenue Grows Despite Quarterly Net Loss

    Batesville-based Hillenbrand Inc. (NYSE: HI) is reporting a second quarter net loss of $21.9 million, compared to net income of $33.4 million during the same period last year. The industrial manufacturer says despite the drop, overall revenue grew 14 percent to $452 million.

  • Don Charron is CEO of Kimball Electronics.

    Sales Drive Record Profit at Kimball Electronics

    Jasper-based Kimball Electronics Inc. (Nasdaq: KE) says fiscal third quarter profit was higher than ever before. The manufacturer is reporting record net income of $10.8 million, compared to $8.1 million in the same period a year earlier. Chief Executive Officer Donald Charron says the company also continues to break sales records.

  • Manufacturer to Locate in Portage

    Michigan-based Camaco-Amvian is planning to invest nearly $9 million to begin operations in Porter County. Our partners at The Times of Northwest Indiana report the company, which manufactures steel seat frames for the automotive industry, will set up shop in the AmeriPlex at the Port business park.

  • (Image of Terre Haute location's 2016 grand opening courtesy of Brooke's Candy Co.)

    Brooke's Candy Refocuses, Will Close Terre Haute Shop

    Dana-based Brooke's Candy Co. says it will close its downtown Terre Haute retail shop June 1. The location opened less than two years ago and is the company's second storefront. In a message on Facebook, Brooke's Candy Co. says the decision will allow it to focus on the Brooke's Naturals line, which includes cookie, brownie, cake and bread mixes. The company calls it a tough decision, saying...

  • mefro wheels manufactures steel wheels for the commercial vehicle industry. (photo courtesy Accuride)

    Accuride Acquisition Nearing Completion

    Evansville-based Accuride Corp. has cleared the final regulatory hurdle in its planned acquisition of a Germany-based steel wheel supplier. The European Commission has approved the acquisition of mefro wheels GmbH, under the condition the Accuride divest one of its subsidiaries. A spokesperson for Accuride tells Inside INdiana Business the European Commission expressed concerns about what the acquisition would do to the competitiveness of the...

  • (Image of Evansville campus courtesy of Ivy Tech.)

    SW Indiana Employers, Ivy Tech Detail Workforce Collaboration

    Five companies with a presence in southwest Indiana are partnering with Ivy Tech Community College to boost identification, training and employment. The collaboration includes laboratory equipment for the college's new process operations technical certificate through its School of Advanced Manufacturing, Engineering & Applied Science program. Ivy Tech says the partnership involves...

  • The company was founded in Michigan in the late 1950s and relocated to Steuben County in 1982.

    Angola Manufacturer Breaks Ground on Expansion

    Angola-based Vestil Manufacturing Corp.'s growth plans are moving forward. The Steuben County Economic Development Corp. says the company has broken ground on its nearly $15 million expansion, which is expected to create up to 100 jobs by 2021. The project includes an 8,100-square-foot addition to one of its manufacturing plants and the construction of a 250,000-square-foot fulfillment center. Vestil Manufacturing announced the expansion plans in August.

  • Republic Newspaper Building in Columbus (photo courtesy of Indiana University)

    IU Program Receives New Home, Name

    Indiana University now has a new place to house a newly named degree program. The IU Foundation has purchased the former Republic Newspaper building in Columbus to house its new Master of Architecture degree program.  

  • (Image courtesy of Allison Transmission.)

    Allison Nearly Doubles Quarterly Profit

    Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) is reporting first quarter net income of $151 million, compared to $83 million in the same period a year earlier. The performance was driven by a 33 percent increase in net sales to $663 million. Chief Executive Officer Larry Dewey says demand for global on-highway, service parts, support equipment and global off-highway markets exceeded expectations.

  • (Image of Cummins Global Headquarters courtesy of Columbus, Indiana Visitors Center.)

    Cummins Profit Decreases, Revenue Rises

    Columbus-based Cummins Inc. (NYSE: CMI) is reporting first quarter net income of $325 million, compared to $396 million compared to the same quarter last year. Despite the decrease, the global engine manufacturer says revenue and sales were up, helping lead Cummins executives to boost its full-year revenue outlook.

  • (photo courtesy Purdue Krannert School of Management)

    Purdue, MIT Partner on Supply Chain Degree Pathway

    Purdue University is offering a new pathway for online students seeking a master's degree in global supply chain management. The deal involves students enrolled in the Massachusetts Institute of Technology's MITx MicroMasters Program.

  • Patrick Industries acquires Dehco, Inc. (photo courtesy of Patrick Industries)

    Patrick Industries Acquires Another Company

    Elkhart-based Patrick Industries (Nasdaq:PATK) has acquired RV and marine housing accessories maker Dehco Inc. Dehco is also based in Elkhart and primarily makes flooring, kitchen and bath products, along with sealants and adhesives, electronics and appliances.  

  • Meeting Set to Assist Displaced Manchester Metals Workers

    Officials in northeast Indiana are working to assist nearly 100 employees of Manchester Metals Inc. in North Manchester who were suddenly laid off April 25. Northeast Indiana Works will this week hold a rapid response meeting to provide information to help the affected employees move forward.

  • (Image courtesy of Mr. Canary Co.)

    Indiana-Made Bird Feeders on National TV

    Carmel-based Mr. Canary Co. is hitting the Home Shopping Network for the first time next month. The company makes bird feeders it describes as "virtually maintenance-free" and partners with The Arc of Greater Boone County on sourcing, assembly, packaging and shipping. Chief Executive Officer Jan Long will take part in three live airings May 8. Long says...

  • (Graphic provided by the RVIA)

    RV Industry Rides on Record March Performance

    A national organization that represents recreational vehicle manufacturers says wholesale shipments through the first quarter jumped more than 13 percent, compared to the same period last year. The performance was driven by what the RV Industry Association says was the "best March on comparable record." The association says March was the first time production in a month has exceeded 50,000 units. Last month, more than 51,600 RVs were shipped, an 8.5 percent increase from...

  • SF Motors unveiled concept vehicles in March.

    SF Motors Continues Pattern of Growth

    A globally-focused electric vehicle company with a manufacturing hub in Elkhart is expanding its footprint. California-based SF Motors has announced a new research and development facility in its home state, which will also provide "low-volume" manufacturing when it begins operations by the end of the year. Last month, SF Motors announced production could begin in Mishawaka by the end of the year. Last June, it announced...

  • Acquisitions Drive Strong Quarter For Patrick

    Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) is reporting first quarter net income of $30.1 million, up from $17.5 million during the same period last year. Chief Executive Officer Todd Cleveland says ongoing momentum in the company's primary markets helped drive the strong results.

  • Potential New South Bend Trail Station Costs Vary

    A recent report from a global engineering firm shows the potential costs and economic impact associated with five possible sites for a rerouted stop along the South Shore rail line in South Bend. The AECOM (NYSE: ACM) report suggests the base cost associated with the locations would range from $23.8 million to $102.3 million. Development in and around the sites, the study presented to the city council suggests, could generate an economic impact of anywhere from...

  • IN3, formerly API, involves major defense, govermental, economic development and academic stakeholders from throughout the state.

    New Name, First Contract For Defense Tech Institute

    Indiana Innovation Institute, formerly known as the Applied Research Institute, is kicking off a rebranding with the announcement of its first contract. The $2.3 million trusted microelectronics collaboration with Purdue University also includes researchers and personnel from the Crane Naval Surface Warfare Center, Indiana University and the University of Notre Dame. The work involves rapid development of counterfeit-resistant technology that is immune to global attacks.

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

    Berlin Metals Acquired by Ohio Company

    Hammond-based Berlin Metals LLC is under new ownership. Olympic Steel Inc. (Nasdaq: ZEUS) in Ohio has acquired the more than 50-year-old company, though financial terms of the all-cash deal were not disclosed. Berlin Metals President Roy Berlin tells our partners at The Times of Northwest Indiana he had been thinking about succession plans as he nears retirement age. He said consolidation was the logical path and he looked for a company that would be...

  • (Image provided by Keating Supercars LLC.)

    'Supercar' Assembly Operation Planned For Purdue

    The England-based manufacturer of a car billed as the fastest street-legal vehicle on the road has selected the Discovery Park District at Purdue University for a showroom and assembly facility. Keating Supercars LLC will produce its first model to be sold in the U.S., the Viperia Berus coupe, which is capable of reaching speeds greater than 230 miles-per-hour. The company is slated to cut the ribbon on the showroom late next month and eventually ramp up production at Purdue to...

  • Manufacturer Adding Production in Daviess County

    Florida-based ISOFlex Packaging will Tuesday celebrate the opening of a third production line at its facility in Daviess County. The company, which produces specialty plastic films and bags, will add a small number of jobs as a result. The company has invested more than $4 million into the new production line. The facility originally opened in 2014 following a $25 million investment by Alliance Barrier Films, which was acquired by ISOFlex in January.

  • Lippert to Break Ground on Manufacturing Plant

    Elkhart-based Lippert Components Inc. will Monday break ground on a new facility at its manufacturing complex in Goshen. LCI says the 107,000-square-foot facility will be used for the manufacturing of I-beams used in nearly every chassis frame the company produces. Financial terms of the company's investment in the facility were not disclosed. LCI manufactures chassis for the towable RV, trailer, park model and residential housing markets. The company says the new...

  • Battery Systems Manufacturer Expanding in Kokomo

    Kokomo-based Green Cubes Technology has announced plans to expand its Howard County operations. The company, which manufactures advanced battery power systems, will invest $1.8 million to build a new global headquarters and create more than 70 jobs by the end of 2021. The Indiana Economic Development Corp. says the 20,000-square-foot facility will also serve as the company's technology center and manufacturing site, nearly doubling its current footprint. 

  • Pike County Partners Unveil Master Plan For Massive Acreage

    A long-term strategic plan focused on developing 4,000 acres off of I-69 in southwest Indiana has been released. The Pike County I-69 Interchange master plan is designed to boost retail, commercial, residential and industrial investment opportunities near Petersburg. Properties involved in the initiative, which was launched last year, include a portion of the massive Southwest Indiana Megasite.

  • (Image courtesy of the Indiana Office of Community and Rural Affairs.)

    State Boosts Broadband Focus

    In an effort to ramp up its focus on broadband access, the state has launched a search for a director of broadband opportunities. The newly-created position will create a single point of contact to deal with the federal government, industry, academia and other stakeholders connected to broadband topics and issues. A key area of focus is boosting access in rural Indiana, which Lieutenant Governor Suzanne Crouch calls the state's "next great economic development frontier."

  • (Image courtesy of SEL) Ed Schweitzer, pictured right, is a Purdue grad who started SEL from his basement in Washington state in the 1980s.

    Purdue Discovery Park District Strikes 'Breakthrough Moment'

    Purdue University has announced another private employer's plans to locate to the 450-acre Purdue Discovery Park District and create hundreds of jobs. Pullman, Washington-based Schweitzer Engineering Laboratories Inc., led by President Ed Schweitzer, a Purdue graduate, says it will build a 100,000 square-foot electric power research facility that could employ up to 300. Earlier this week, the Purdue Research Foundation released a master plan for the district, which is expected to...

  • (Image provided by the Pike County Economic Development Corp.)

    'Generational Development' Planned For I-69

    Officials in Pike County Thursday will provide details on a master plan for the I-69 corridor in southwest Indiana. The Pike County Economic Development Corp. says the presentation will cover future land use, transportation and infrastructure efforts. The section of interstate running through the county opened in late-2012 and additional work that will expand the road from Bloomington to Indianapolis continues. The EDC says Thursday's news conference will focus on...

  • (photo courtesy Kale Wilk/The Times of Northwest Indiana)

    Michigan City Hotel, Manufacturing Plant Land Incentives

    Two development projects in Michigan City have received tax abatements from the city council. Our partners at The Times of Northwest Indiana report the projects, which include a new hotel and a manufacturing plant expansion, will create a total of up to 35 jobs over the next five years.

  • (photo courtesy AM General)

    AM General Opens Michigan Tech Center

    South Bend-based AM General LLC is celebrating the opening of its Technology and Engineering Center in Michigan. The specialized vehicle manufacturer says the more than 175,000-square-foot facility signifies its continued commitment to growth and innovation. 

  • (Image courtesy of Rieth-Riley)

    State OKs More I-69 Maintenance, Travel Lane Additions

    The Indiana Department of Transportation has awarded $79 million for road construction and maintenance that will continue the repair and widening of I-69. The contracts with Walsh Construction Group, which has a regional office in Crown Point, and Goshen-based Rieth-Riley Construction Co. Inc. involve interchanges, bridges and pavement near Pendleton and Daleville. The full timeline has not yet been released, but the work is expected to be complete by the summer of 2020.

  • Maureen Donohue Krauss is the chief economic development officer for the Indy Chamber.

    Anticipation Grows For Indy-to-Paris Flight

    The chief economic development officer for the Indy Chamber says excitement for Indiana's first transatlantic nonstop flight is building on both sides of the pond. Maureen Donohue Krauss says the Delta Air Lines Inc. (NYSE: DAL) flight from Indianapolis International Airport to Charles de Gaulle Airport in Paris, set to begin May 24, is resonating with businesses in Indiana and throughout Europe. She says having a direct connection and quicker access to the Indy market is...

  • The hotel will be located at the WestGate@Crane Technology Park (pictured).

    Construction to Start on Tech Park Hotel

    Groundbreaking on the first hotel at WestGate@Crane Technology Park will take place Wednesday in Odon. Officials say the $7 million Sleep Inn and Mainstay-branded hotel will employ more than 20. Owners Mike and Debbie Hicks also own the Comfort Suites in French Lick and the Legend of French Lick Resort Boutique Hotel and Event Center. Plans include...

  • Old GM Site Developer Envisions '20 Minute Neighborhood'

    Developers of the former General Motors Stamping Plant site near downtown Indianapolis say the 103-acre property is unlike any in the world. Ambrose Property Group Senior Vice President Andrew Greenwood says the uniqueness of the site offers a blank canvas to create a major, urban mixed-use development that will be a first class destination. "We looked internationally, we looked nationally we looked at Indiana and there's nothing that compares," said Greenwood.

  • (Discovery Park District rendering courtesy of Purdue University.)

    Master Plan Lays Out $1B Purdue Discovery Park District

    The Purdue Research Foundation and its private development partner, Indianapolis-based Browning Investments LLC, have unveiled the 30-year master plan for the massive Discovery Park District in West Lafayette. The mixed-use property is expected to include some $1 billion in projects and opportunities for on-campus private investment that Purdue University says will create "a mixed-use gateway for intellectual discourse and commercial partnerships." Officials also detailed...

  • (Image courtesy of Spot)

    Spot Freight Expands in Charlotte

    Indianapolis-based Spot Freight Inc. is growing its presence in North Carolina. The Charlotte office, which opened three years ago and currently employs 10, could add about 50 jobs by year's end. In an interview a year ago on Inside INdiana Business with Gerry Dick, President Andrew Elsener discussed the company's growth plans in Indianapolis, which include 260 new Hoosier jobs by 2023.

  • Jeffersonville Call Center Could Bring Over 600 Jobs

    Ohio-based United Collection Bureau Inc. has announced plans for a new southeast Indiana call center that could employ up to 621 over the next four years. The company intends to pump $2.4 million into improvements and equipment at a leased facility on the River Ridge Commerce Center campus in Jeffersonville. UCB says renovations have already begun on the 55,000 square-foot call center, which is slated to open by the end of next month.

  • Skyline Corp. is headquartered in Elkhart.

    Skyline Corp. Continues Profit Swing

    Elkhart-based Skyline Corp. is reporting fiscal third quarter net income of $1.2 million, compared to a net loss of $2.4 million during the same period last year. The results mark the fourth consecutive quarter of profit growth for the manufactured housing company.

  • (Rendering provided by the city of Fishers.)

    Flexware Innovation Details New Fishers HQ

    Fishers-based Flexware Innovation Inc. is planning to relocate within the city to a new headquarters in a more prominent location. The company, which also has an office in Valparaiso and a presence at the new Indiana IoT Lab in Fishers, says the $3.5 million project near the Nickel Plate District Amphitheater could break ground in the fall. The company is seeking more than $265,000 in tax incentives from the city. Late last year, it announced plans to invest some $8 million into...

  • Jessica Navascues is CEO of Allura USA.

    Demand Drives Restart of Terre Haute Plant

    The head of a Texas-based building materials manufacturer says the reopening of its Terre Haute plant represents just the beginning of a long-term commitment to the Wabash Valley. Allura USA Chief Executive Officer Jessica Navascues says, when fully-operational, there could be upwards of 150 employees at the facility that restarted this year after being closed in 2014. "Stage one" plans, she says, involve the 60 employees already working at the nearly...

  • (photo courtesy Allura)

    Building Product Maker to Mark Plant Restart

    Officials will celebrate the reopening of a manufacturing facility Wednesday in Terre Haute. The Allura USA plant, owned by a Texas-based parent, closed in 2014 and was restarted in January. The company employs 60 in the Wabash Valley. Allura USA makes fiber cement building products for new homes including siding, trim, soffit and shakes. The plant covers 438,000 square-feet and supplies homebuilders throughout the region and the country.

  • Oasis Lifestyle manufactures commercial bathroom products.

    Oasis Lifestyle to Expand Plymouth Operation

    Plymouth-based Oasis Lifestyle LLC is planning two building expansion projects in Marshall County. The company, which manufactures commercial bathroom products, will invest nearly $2 million which it says will help retain its more than 240 employees.

  • (photo courtesy Huntington County Economic Development)

    Manufacturer Growing in Huntington

    A Minnesota-based company has announced plans to expand operations in northeast Indiana. The Indiana Economic Development Corp. says Ecolab, which manufactures soaps, sanitizers and cleaners will invest $4.5 million in new equipment at its Huntington plant. The addition will support a new product line and create a small number of manufacturing and plant logistics jobs.  Ecolab expects the equipment upgrade to be operational this month. The company employs...

  • Simon plans to redevelop five properties across the country

    Simon to Redevelop Five Properties

    Indianapolis-based Simon (Nasdaq:SPG) has announced plans to redevelop five properties across the country. The multi-million dollar plans include shopping, dining, entertainment and mixed-use developments.  

  • (Rendering courtesy of Ambrose Property Group.)

    Former GM Site Ripe For 'All Different Types' of Development

    The company poised to lead a massive redevelopment of the Indianapolis site where a General Motors stamping plant once stood says there is "not a playbook" anywhere in the world that could guide the vision for the project. Senior Vice President Andrew Greenwood says the purchase of the 103-acre property continues progress on a "once in a generation opportunity."

  • Würth to Debut Greenwood HQ

    Würth Industry North America will Tuesday showcase its new Greenwood headquarters. The company, which is a subsidiary of Würth Group in Germany, broke ground in late-2016 on the facility. The new facility is expected to be home to up to 60 new jobs by 2020. WINA was previously headquartered on the northwest side of Indianapolis and it employs around 100 Hoosiers. The new facility includes 230,000 square-feet for customer fulfillment operations and office functions.

  • Crane, Contracts at Center of Buy Indiana Expo

    An event designed to connect Indiana companies with resources and knowledge on the government contracting process is underway at the French Lick Resort and Casino. The Buy Indiana Expo, in its 21st year, is hosted by The Crane Naval Surface Warfare Center and Linton-Stockton Chamber of Commerce. In a recent interview on Inside INdiana Business With Gerry Dick, NWSC Crane Deputy Director for Small Business Matt Burkett discussed how an event that began in a cafeteria has...

  • (Rendering courtesy of Ambrose Property Group.)

    Deal Closes on Old Indy GM Stamping Plant Site

    The acquisition of the former General Motors stamping plant property near downtown Indianapolis is now complete. Indianapolis-based Ambrose Property Group, the developer approved by the site's previous handler RACER Trust, is planning to launch a $92.5 million first phase of construction by year's end. The agreement was first announced last year, but it required a long-term vetting process by the city and the trust before Ambrose could take ownership.

  • Calumet Acquires California Startup

    Indianapolis-based Calumet Specialty Products Partners LP (Nasdaq: CLMT) has completed its acquisition of Biosynthetic Technologies LLC. Financial details of the deal were not disclosed. 

  • Scenery along the proposed path includes the historic Arcadia train depot. (Image courtesy of the Nickel Plate Express.)

    'Nickel Plate Express' Sets Sights For Summer

    The newly-signed operator of a 12-mile, tourism-focused rail line in northern Hamilton County says activity between Atlanta and Noblesville will begin in the summer. Nickel Plate Heritage Railroad Inc. has signed a 15-year operating agreement with the track's manager, the Hamilton County-based Hoosier Heritage Port Authority. The authority controls 37 miles of track that stretches between Tipton and Indianapolis.

  • (Image courtesy of the state of Indiana.)

    New Job Numbers Emerge From Jasper Group in Orleans

    The chief executive officer of a major southern Indiana manufacturer that employs is calling Indiana "the ideal location for growth." Dubois County-based Jasper Group's Mike Elliott made the comment Friday during a visit from Governor Eric Holcomb as the company detailed previously-announced plans to move in and renovate a former Paoli Inc. facility in Orleans and add 316 jobs.

  • Picture Courtesy: ITR America

    Manufacturer Growing in Hobart

    Hobart-based heavy equipment part supplier ITR America is investing more than $5 million into an expansion. Our partners at The Times of Northwest Indiana report the project will result in about 55 construction jobs and a handful of permanent positions. ITR says its new facility will be behind its existing operation in the NorthWind Crossings Business Park. The company will assemble track frames at the plant.

  • (photo courtesy Jasper Group)

    Holcomb to Make Jobs Announcement in Orleans

    Governor Eric Holcomb will Friday make an economic development announcement in Orleans. The governor will join local elected officials and executives from Jasper Group in the Orange County town, where the company announced last year it would expand a manufacturing facility that was previously set to close.

  • Land O'Frost Adds New Jersey Meat Maker

    Munster-based Land O'Frost Inc. has announced the acquisition of what it calls "an established and respected leader" in natural and organic meats. The deal includes the full brand portfolio of Wellshire Farms Inc. of New Jersey. Wellshire products are currently carried in specialty retailers including...

  • Paragon Medical is headquartered in "The Orthopedics Capital of the World," Kosciusko County.

    $375M Deal For Paragon Medical

    Tennessee-based NN Inc. (Nasdaq: NNBR) has announced plans to acquire a high-profile medical device manufacturer in Kosciusko County. The company expects the $375 million deal for Paragon Medical Inc. to close in the second quarter. NN is an industrial manufacturer of high-precision metal and plastic components and assemblies, according to its website. Richard Holder, chief executive officer of NN, says the acquisition fits perfectly with the company's plan to...

  • (Image courtesy of Bell Aquaculture.)

    Indiana Aquaculture Facility Could Start Over This Year

    The Massachusetts company that last year purchased the Bell Fish Co. LLC in Albany says the indoor fish farm could begin generating revenue late next year. AquaBounty Technologies Inc. (Nasdaq: AQB) says the east central Indiana operation will become the company's first U.S. commercial production site and could begin being stocked within the next few months. In March of last year, Texas-based private equity firm Trive Capital acquired the assets of Bell.

  • (Image courtesy of Calumet Specialty Partners)

    Calumet Losses Deepen in Earnings Report Revision

    Indianapolis-based Calumet Specialty Products Partners LP (Nasdaq: CLMT) has released revised earnings showing a greater fourth quarter and full-year loss than previously reported. The hydrocarbon processor says it lost $103.8 million in 2017, $83.6 million of that in the fourth quarter. The loss in 2017 was still an improvement from its 2016 performance where the company reported a $328.6 million loss. 

  • (photo courtesy Smith Ready Mix)

    Concrete Company to Build New Carlisle Plant

    Valparaiso-based Smith Ready Mix is planning a new concrete batch plant in St. Joseph County. The South Bend Tribune reports the company will invest $2 million to build the facility in an industrial area being developed by the county near New Carlisle. The plant is expected to open this summer and create 15 jobs.

  • Four vehicles, including the new Ascent, are produced at Subaru of Indiana Automotive Inc.

    Sales Records Continue For Indiana-Made Subarus

    Subaru of America Inc. is reporting its best-ever first quarter for sales. The New Jersey-based company markets and distributes Subaru models, which are manufactured by Subaru of Indiana Automotive Inc. in Lafayette, to more than 600 U.S. retailers. SOA says last month's sales totals were the best for any March, boosting year-to-date sales to just under 150,000 vehicles, a nearly 4 percent gain from the first quarter in 2017. In December, SIA unveiled the Ascent sport utility vehicle.

  • BraunAbility's headquarters are located in the Pulaski County city of Winamac.

    BraunAbility Continues European Expansion

    Winamac-based BraunAbility has announced the acquisition of the remaining shares of Sweden's Autoadapt AB. The company, which previously owned nearly half of the European mobility manufacturer's shares, says the deal is expected to close later this month. Financial terms of the acquisition were not disclosed. In addition to Autoadapt, BraunAbility says it will acquire the company's subsidiaries Unwin and Martech, based in the United Kingdom and Denmark, respectively.

  • (Image courtesy of Celadon Group Inc.)

    Celadon Details Deeper Financial Reporting Problems

    Indianapolis-based Celadon Group Inc. (NYSE: CGI) says an ongoing internal audit has turned up issues with its accounting and public financial reporting practices going back four years. The transportation logistics company announced last May it was using independent legal and accounting experts to review six previous quarters of earnings reports and says it soon expects to be removed from trading on the New York Stock Exchange. Celadon received...

  • (Image courtesy of Polygon.)

    LDI Adds Well-Known Northern Indiana Manufacturer

    Indianapolis-based LDI Ltd. has acquired Polygon Co. of Walkerton. The nearly 70-year-old composite components manufacturer employs 250 in St. Joseph County. The move continues a diversification from LDI's early days as U.S. Corrugated-Fibre Box Co. into the manufacturing, distribution and logistics industries. Chief Executive Officer J.A. Lacy says "investing in a growing Indiana company has been a top priority for LDI."

  • U.S. EPA teams monitored and tested Burns Waterway and Lake MIchigan waters after an April 11, 2017 spill.

    Chemical Spill Costs U.S. Steel Over $600K

    The U.S. Department of Justice says Pittsburgh-based United States Steel Corp. (NYSE: X) has agreed to pay more than $600,000 to cover U.S. Environmental Protection Agency, National Oceanic and Atmospheric Administration and National Park Service costs associated with a chemical spill a year ago. Wastewater containing hexavalent chromium from the company's Portage plant got to Lake Michigan via a nearby waterway and caused...

  • (Map courtesy of the Indiana Department of Transportation and the Kentucky Transportation Cabinet.)

    Meetings On Deck For I-69 Bridge Proposal

    Indiana and Kentucky transportation officials behind a proposed I-69 bridge over the Ohio River will Tuesday hold the first of six public meetings in April and May. The I-69 ORX Project Team Community Conversations will provide an opportunity to discuss preliminary route alternatives and tolling. Tuesday's event is set for 5 p.m. to 7 p.m. at the C.K. Newsome Community Center in Evansville. The next meetings will be...

  • Culture Matters: Kirby Risk's Employee Investment

    A third-generation electrical and lighting manufacturer, supplier and service provider is continuing to focus on training as a way to retain and attract employees to the nearly century-old company. Our Culture Matters segment this month features Lafayette-based Kirby Risk Corp., which First Person Managing Director Paul Ashley says takes an approach that is "all about the people." Kirby Risk has grown to include nearly 1,000 employees and...

  • Ignition Park is a state-certified, 140-acre technology park on the former Studebaker manufacturing property.

    New Buildings Proposed at Ignition Park

    Three new buildings are planned for the South Bend industrial park that used to be home to the Studebaker Corp. The South Bend Tribune reports the 900 Franklin Street project is being developed at Ignition Park by Charlie Hayes and family, who own Hayes Towers. The $1.5 million initial phase will include a 30,000 square-foot building that is slated to be built this summer. Two smaller buildings could be build with four years.

  • The communities are working with Hancock County-based NineStar Connect on "smart" technology initiatives.

    Communities Collaborate on Connectivity

    Three towns in Hancock County are moving forward on what they call the logical outgrowth of continued collaboration. Leaders from Cumberland, McCordsville and New Palestine are joining forces to roll out "smart" technology and initiatives throughout the Mt. Comfort Corridor, which include integrating high-tech pavement sensors into the trail system and continuing the build-out of fiber. In January 2017, the towns released...

  • SF Motors unveiled concept vehicles Wednesday during an event in California.)

    'Intelligent' EV Production Coming to Mishawaka

    A California-based electric vehicle maker says trial production of its "intelligent" cars will begin in Mishawaka by the end of the year. SF Motors unveiled its concepts Wednesday at its Santa Clara headquarters, saying the SF5 model will be available for pre-order this year and will be on the road in 2019. The company in November completed the acquisition of a former AM General LLC commercial assembly plant where a contract with Mercedes-Benz U.S. International Inc. had ended.

  • GMC Sierra AT4 built at GMC's Fort Wayne Assembly Plant

    GMC Unveils Truck Built in Roanoke

    The Roanoke-built GMC Sierra AT4 has made its debut. GMC says the 4-wheel drive is being built alongside the Chevy Silverado at the Fort Wayne Assembly plant.

  • South Bend - Elkhart Regional Partnership Chief Executive Officer Regina Emberton is one of several Michiana leaders supporting the effort.

    'Project Propel' Seeks to Raise Region Through Air

    Business and community leaders throughout Michiana are joining forces to boost the regional economy through increasing the number of direct flights at South Bend International Airport. Project Propel focuses on policies that drive business travelers toward SBN first. Right now, organizers say, 60 percent of business flights go to other airports in cities like Chicago, Indianapolis or Fort Wayne. The greater Grand Rapids, Michigan area launched a similar effort that estimates...

  • Bottle Works Gaining Steam in Fort Wayne

    A low-income housing community that includes a former Coca-Cola bottling plant is progressing in Fort Wayne. Two single-family homes of a planned 19 to be built within the $14.5 million Bottle Works Lofts development are now complete and work is continuing to transform of the old industrial facility into a 31-unit rental property.

  • (photo courtesy Indiana Economic Development Corp.)

    Holcomb Wraps Up Canada Trip

    Governor Eric Holcomb's fourth international trade mission is complete. The Indiana delegation wrapped up the three-day trip to Canada by meeting with officials from the province of Quebec in an effort to advance international partnerships in logistics and business.

  • Montgomery County Courthouse (photo courtesy state of Indiana)

    Montgomery County Devising First Comprehensive Plan

    Montgomery County Commissioners have been approved to fund the county's first comprehensive plan process. The Indiana Office of Community & Rural Affairs awarded a $50,000 grant, and the county received $38,000 from Indiana West Advantage, to fund the process. 

  • (Image courtesy of INDOT.)

    Road Fixes Ramp up Following Flooding

    Heavy rains, flooding and freeze-thaw cycles in recent weeks have caused embankment slides on a major road near one of southeast Indiana's biggest attractions. The Indiana Department of Transportation says it is bringing in a contractor to shore up slopes along State Road 111 near Horseshoe Casino in Elizabeth.

  • (photo courtesy Jeffboat)

    Jeffboat Details Upcoming Closure

    Jeffersonville-based Jeffboat LLC has released an updated timeline for the previously-announced closure of its facility. In a notice to the state, the company says the final round of layoffs is expected to begin April 2 and continue through May 14, when the facility will close its doors for good.

  • (Image courtesy of the state of Indiana.)

    Trade Mission Brings Out Big Names in Canada

    An economic development trip with the state's largest trading partner is putting Governor Eric Holcomb and the delegation he is leading in front of big-name Canadian leaders. The trip kicked off Monday with a meeting with Prime Minister Justin Trudeau, cabinet officials and business executives with companies that have ties to Indiana. The Indiana delegation also includes...

  • (Image courtesy of Jeffboat.)

    Closing on The Horizon For Jeffboat

    An industrial mainstay in southeast Indiana is shutting down. Jeffersonville-based Jeffboat LLC, located on what's considered the largest inland shipyard in the United States, is expected to close around the end of next month. One Southern Indiana says up to 170 workers will be affected by the decision. 1si Chief Executive Officer Wendy Dant Chesser says her organization will "help the effected employees identify other sustainable work opportunities in our region."

  • (Image courtesy of Royal Interpack.)

    Manufacturers Eye Whitestown For Dozens of Potential Jobs

    Two manufacturers are planning to locate new operations in Whitestown and add a total of nearly 200 jobs. Royal Interpack Midwest Inc., part of California-based plastic packaging manufacturer Royal Inter Pack Co. Ltd., expects to invest $20 million. NTN Bearing Corp. of America, an Illinois-based subsidiary of a Japanese company, says the equipment proposed for a new location would cost $2.1 million.

  • Scott Massey is a co-founder of Heliponix.

    'Food Computer' Creator Marketing to World

    The chief executive officer of a West Lafayette-based indoor agricultural technology company has lofty global ambitions. Heliponix co-founder Scott Massey says the company, which makes the GroPod hydroponic "food computer," has a potential market the size of every home in the world. "Ultimately, I see us becoming the world's largest farming company without owning a single acre of land." In an interview for The INnovators with Dr. K, Massey said...

  • City of Gary receives HUD grant

    Gary Receives HUD Grant for Demolition

    A federal grant will allow Gary to demolish abandoned housing at two developments. Gary was awarded a Capital Fund Emergency Safety and Security Grant from the U.S. Department of Housing and Urban Development of more than $3.2 million.

  • (Image courtesy of The Finish Line.)

    Finish Line Reaches Merger Agreement

    A major retailer in the United Kingdom has announced plans to acquire Indianapolis-based The Finish Line Inc. (Nasdaq: FINL). The deal with JD Sports Fashion Plc is valued at nearly $560 million. The earliest the transaction could close, the companies say, is June. The merger agreement still requires approval of Finish Line and JD shareholders, as well as regulatory approvals. JD bills itself as the "leading European retailer of sports, fashion and outdoor brands."

  • (Image courtesy of World Trade Center Indianapolis.)

    Indianapolis Lands World Trade Center

    Indiana's emerging profile as a global business center is getting a boost. After more than a year of effort, organizers have received final license from the New York-based World Trade Centers Association to establish a World Trade Center in Indianapolis. "World Trade Center Indianapolis is going to be a conduit to the world for trade, trade services in particular," said former Marion County Clerk Doris Anne Sadler, who is serving as president of WTC Indianapolis.

  • One of the contracts calls for ongoing engine services for the T-45 training aircraft fleet. (photo courtesy Rolls-Royce)

    Rolls-Royce Lands Military Contract Boosts

    The U.S. Department of Defense has awarded two military contract extensions to Rolls-Royce Corp. in Indianapolis. The contracts, totaling more than $100 million, call for ongoing engine services work for the U.S. Navy and the production of engines for its V-22 Osprey program.

  • (Image courtesy of INDOT)

    Next Round of Road Work on I-469

    The second leg of a major pavement project in northeast Indiana kicks off this week. The Indiana Department of Transportation says the nearly $25 million of work will involve replacement and resurfacing of portions of I-469. Bridge rehabilitation is also on the schedule for I-469 bridges over the Chicago, Fort Wayne and Eastern Railroad south, Tillman Road and the Chicago, Fort Wayne and Eastern Railroad north, as well as a bridge deck overlay over Houk Ditch near Fort Wayne.

  • FedEx first announced plans for the 608,000 square-foot facility in October.

    Greenwood 'Disappointed' as FedEx Pulls $259M Plans

    FedEx Corp. (NYSE: FDX) has dropped plans for a $259 million small package distribution center in Greenwood. The company cited "projected operational needs" in halting plans for the hub, which was expected to result in up to 455 new jobs. In a statement, the city of Greenwood said it is "certainly disappointed" in the decision, but adds that FedEx's initial announcement led to interest from "a number of other high-profile companies." The city says it exp...
  • (Image of Root family-sponsored fiberglass Coke bottle courtesy of the Root Family Art Project.)

    Super-Sizing Terre Haute's Coke Bottle Heritage

    An initiative designed to highlight Terre Haute as birthplace of one of the most recognizable product packages in the world will make its debut Thursday afternoon. The Root Family Public Art Project involves 27 six-foot-tall fiberglass Coca-Cola bottles that have been decorated by artists from the Wabash Valley. The now iconic Coke bottle shape was the winning design submitted by the Root Glass Co. of Terre Haute in 1915 for a nationwide competition put together by the soft drink maker.

  • Toyota Supplier Planning Growth in Princeton

    Princeton-based Vuteq USA Inc. has announced plans to build a new facility in Gibson County. The Gibson County Economic Development Corp. has confirmed to Inside INdiana Business the company, which makes components for Toyota vehicles, will invest $27 million to construct a new support center and plant, which would employ 400 people by 2022. Vuteq currently has a plant located just north of Toyota Motor Manufacturing Indiana in Princeton.

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    • ClearObject Collaboration Acts as 'Accelerator'

      The chief executive officer of Fishers-based ClearObject Corp. says a new partnership with UI Labs' Digital Manufacturing and Design Innovation Institute in Chicago will broaden the Internet of Things-focused company's global presence. John McDonald says the collaboration will provide access to university and industry talent, expertise and connections.

    • I-65/I-70 Split Controversy

      30 bridges and the bustling I-65/70 inner loop are nearing its lifespan, and INDOT is suggesting solutions that raise concerns from residents in a growing downtown community. We speak with two members of Rethink 65\70 coalition urging the state to consider alternatives.

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  • Perspectives: Manufacturing & Logistics

    • NSWC Crane Can Strengthen Indy's Economy

      Roughly 80 miles southwest of Indianapolis, the Naval Surface Warfare Center Crane is home to more than 3,200 personnel - approximately two-thirds of them scientists, engineers and skilled technicians. It's the only naval base not on a coast, a unique operation with a singular focus: Overcoming the technical challenges facing America's military to build a decisive technological advantage over our adversaries. 

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  • Most Popular Stories

    • St. Vincent Announces Layoffs

      St. Vincent Health says it has laid off 85 employees throughout the state. In a statement to Inside INdiana Business, St. Vincent cites a rapidly-evolving healthcare environment as a reason for the workforce reduction. 

    • Indy Firm Taps Appirio Exec as CEO

      An Indianapolis-based design and innovation consulting firm has named a new chief executive officer. Studio Science says Steve Pruden, who most recently served as senior vice president of human resources with Indy tech company Appirio, will lead the company.

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      Lilly Closes on Mega Acquisition

      Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has completed its acquisition of ARMO BioSciences Inc. of California. The deal, which was valued at approximately $1.6 billion when first announced last month, boosts Lilly's immuno-oncology pipeline. Lilly offered $50 per share of ARMO stock for the company. ARMO's portfolio includes...

    • GM recently announced it would invest more than $1 billion in its Fort Wayne Assembly plant.

      Auto Job Fair Coming to Allen County

      General Motors is hiring more than 100 new employees in Fort Wayne. The positions in everything from finance to manufacturing are following a gradually increasing presence in the area for the past few years. In 2016, the company invested $127 million in its casting plant in Bedford and planned to pump an additional $1 billion into the Fort Wayne area over the next few years to double the size of its operation. The expansion of GM’s operations has led to increased business for ...

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      A global financial data and software company ranks Elevate Ventures near the top in a key category. PitchBook says the Indianapolis-based private venture organization is 10th most active among venture capital firms investing in angel-stage or seed-stage companies in the world. Elevate Ventures Chief Executive Officer Chris LaMothe will be a guest this weekend on Inside INdiana Business With Gerry Dick.In 2017, Elevate Ventures invested in 26 early-stage Hoosier businesses and...