The School of Business at Purdue University has received a major gift. The university announced Tuesday that Raytheon Technologies Corp. (NYSE: RTX) has committed $4 million for a named chair position in the reimagined business school.... Read More
Fishers-based BiomEdit LLC has formed a long-term research and commercial partnership with European animal nutrition company Nutreco. BiomEdit said the partners aim to develop novel feed additives for livestock using microbiome technology.... Read More
Indianapolis-based Indiana City Brewing Co. is slated to have its equipment assets sold at auction next month as it continues to look for new ownership. The brewery last month said it had engaged New Mill Capital in California to lead the search for a buyer.... Read More
Fort Wayne-based Fort Financial Credit Union will Tuesday mark the grand opening of its new headquarters on the city's north side. The credit union has invested $9 million in the facility, which will also include a full-service credit union branch.... Read More
Existing home sales in Indiana fell in 2022, but the Indiana Association of Realtors says the state is outpacing the nation. CEO Mark Fisher says as Indiana continues to see population growth, the ability to create more inventory remains a long-term concern.... Read More
Communities all over the state are seeing the impact of the first round of READI funding. The Wabash River RDA, which spans six counties, received $20 million in READI funds, and Terre Haute Mayor Duke Bennett calls the funding critical.... Read More
Bloomington Mayor John Hamilton on Friday announced plans for a new 501(c)3 nonprofit organization. The mayor's office said City of Bloomington Capital Improvements Inc. will advance initiatives in the city related to arts, technology and jobs, and housing.... Read More
Indiana's revenue collections for December continue to outpace projections. The Indiana State Budget Agency said Friday that General Fund revenues last month totaled $1.7 billion, which was 1% above the December 2022 forecast.... Read More
The new president of the Indiana Sports Corp says 2022 was a big year for sports in Indianapolis, and the future continues to look bright. "In 2022, we bid on and secured for future economic impact over $500 million," said Patrick Talty.... Read More
Missouri-based Railcrew Xpress is planning to lay off 70 employees at several sites throughout Indiana. The company, which provides transportation services for railroad crews, said in a notice to the state its contract with CSX Corp. is being canceled.... Read More
