Old National expanding into Detroit market

Evansville-based Old National Bancorp (Nasdaq: ONB) is growing its footprint in Michigan. The bank announced Thursday it is establishing a commercial banking office in the Detroit metropolitan area and adding seven jobs.... Read More

Fishers medtech startup lands more funding

Fishers-based Recovery Force Health said Thursday it has closed on a $1.25 million round of funding. The company has developed an FDA-cleared wearable compression device for hospital patients designed to prevent deep vein thrombosis. ... Read More

North Salem State Bank names CFO

North Salem State Bank has selected Jeff Joyce as its new chief financial officer. Joyce comes to the Hendricks County bank after most recently serving as CFO of Elements Financial Federal Credit Union in Indianapolis.... Read More

RV products maker expanding in Elkhart

A Kansas-based manufacturer of recreational vehicle products is expanding in Elkhart. Airxcel Inc. said this week it is moving warehousing and distribution for several of its brands to a 126,000-square-foot facility on the city's north side.... Read More

Mullen gets extension for Nasdaq compliance

California-based Mullen Automotive has received approval from the Nasdaq for a 180-day extension to meet the stock market's $1 minimum bid price requirement. The electric vehicle manufacturer is facing delisting after its stock fell below $1 last July.... Read More

Fortville plastics welding company acquired

A contract manufacturer in Hancock County that specializes in radio frequency welding and heat sealing is under new ownership. Wisconsin-based Vonco Products has acquired Genesis Plastics Welding in Fortville, though financial terms are not being disclosed.... Read More

IU to introduce Irsay Institute

Indiana University and the Irsay family will formally introduce the new Irsay Institute on the Bloomington campus Thursday. The institute aims to foster collaboration in research, training and institutional social change to address mental health challenges.... Read More