Indianapolis-based logistics company Draco has consolidated some of its operations to a newly-completed facility in the Mount Comfort Logistics Center. Ambrose Property Group said the company has invested $2.5 million in the facility.... Read More
Ball State University has appointed Kimberly Howe Ferguson as director of its Entrepreneurship Center. Ferguson, who is the owner of Patterson Block Muncie, will also serve as an assistant lecturer of management in the Miller College of Business.... Read More
Indiana University Health has added Fort Wayne Neurological Center to its ranks. The specialty practice, which has more than 100 employees, focuses on the study and treatment of conditions such as multiple sclerosis, Alzheimer's disease, and more.... Read More
An exterior cleaning services company has received a microloan from the One Fund Loan Program created by One Southern Indiana. The organization said the loan for Patriot Mobile Wash is the first non-emergency use of the fund since its inception last year.... Read More
As part of the new two-year state budget, the Indiana General Assembly approved $30 million in economic development funds for the Northeast Indiana Strategic Development Commission. ... Read More
Illinois-based Baxter International Inc. this week announced plans divest its BioPharma Solutions business to Advent International and Warburg Pincus, private equity firms headquartered in Boston and New York, respectively, in a $4.25 billion deal. ... Read More
The Indiana Department of Education on Monday said 19 new schools throughout the state are now STEM certified. The certification program recognizes schools committed to teaching science, technology, engineering and math disciplines beyond the classroom.... Read More
Evansville-based Escalade is reporting a first quarter net loss of $952,000, compared to net income of $6.7 million during the same period last year. The sporting goods and recreational equipment manufacturer said sales declined 21.3% to nearly $57 million.... Read More
A veteran tool and die maker in Starke County is venturing out on his own with a new machine shop in the Knox Industrial Park. Wakal Machining broke ground on a new facility, which co-founder Bill Wakal says will fill a gap for machining services in the area.... Read More
Muncie-based First Merchants Corp. is included in the Forbes' 2023 list of "The World's Best Banks." The list is based on an online survey of more than 48,000 people around the world who rated their banks on criteria such as general satisfaction and trust.... Read More
