Logistics company expanding again in Jeffersonville

Kentucky-based Bluegrass Supply Chain Services is continuing to grow its operations in southern Indiana. One Southern Indiana says the logistics company will invest more than $16 million to build a new facility in Jeffersonville and create up to 25 jobs.... Read More

Cummins filtration business targets $341M in IPO

Atmus Filtration Technologies, the filtration business of Columbus-based Cummins, is looking to raise more than $341 million in its initial public offering. The company says it has launched a roadshow for the IPO to generate interest from potential investors.... Read More

Indiana home sales dipped in April

Home sales across the Hoosier state fell 19% in April compared to the same month last year. The Indiana Association of Realtors says the homebuyers dealt with elevated mortgage rates and falling inventory following a faster-than-expected start to the year.... Read More

Penguin expert wins Indianapolis Prize

The Indianapolis Zoological Society Inc. on Tuesday announced Pablo Borboroglu as the 2023 winner of the Indianapolis Prize, billed as the world’s leading award for animal conservation. Borboroglu is the founder and president of the Global Penguin Society.... Read More

I&M plans $61M northeast Indiana upgrade project

Fort Wayne-based Indiana Michigan Power on Monday announced plans to invest $61 million to enhance its electric transmission network in Noble and Whitley counties. The utility said the project will involve rebuilding nearly 25 miles of transmission lines.... Read More

Purdue Ventures invests in ‘Startup of the Year’

Purdue Ventures is investing in Ixana, a West Lafayette-based startup that has developed a high-speed silicon chip it says provides wearable smart devices with the ability to securely communicate via touch. The investment is part of a $3 million seed round.... Read More

Superior Ag pays out $3.5M to members

Huntingburg-based agricultural cooperative Superior Ag is paying back a total of $3.5 million in cash patronage and equity to its member-owners. CEO Barry Day said the refunds are the result of "another year of strong business performance" in 2022.... Read More

Boone EDC unveils Digital Upgrade grant recipients

The Boone County Economic Development Corp. has announced five inaugural recipients for its Digital Upgrade program. The program provides matching grant funding to help small businesses develop digital strategies to improve their customer facing and back-office functions.... Read More