Global auto giant Stellantis (NYSE: STLA) announced Monday it will invest a total of $99 million in three of its North American plants, including the Kokomo Casting Plant. The company says the investment will fuel production of a new, four-cylinder turbocharged engine that will power two future hybrid electric vehicles.... Read More
A new study from the American Hotel & Lodging Association says hotel room revenue and state and local tax revenues are projected to exceed 2019 levels by the end of the year. ... Read More
Steelworkers in northwest Indiana are getting more good news. Pittsburgh-based U.S. Steel (NYSE: X) says its employees, including those at the Gary Works plant and Midwest Plant in Portage, will take home bonus checks of up to $14,000 based on the company's record $1.1 billion in second-quarter earnings, according to our partners at The Times of Northwest Indiana. ... Read More
The Indiana State University Board of Trustees approved a plan on Friday to request $66 million to renovate and expand the more than 40-year-old Technology Annex Building on the Terre Haute campus. The funding would be considered as part of the state’s biennial budget in next year’s legislative session.... Read More
Hard Truth Distilling Co. is making some major additions to its Brown County operations. The distillery has begun construction on a second rack house that will be double the size of its current rack house and plans to add three, 5,000-gallon fermenters.... Read More
The Indianapolis Motor Speedway announced Friday the IMSA WeatherTech SportsCar Championship will return to the track for the first time since 2014. ... Read More
Officials in Terre Haute cut the ribbon this week on a new climate-controlled athletic medical building at the LaVern Gibson Championship Cross Country Course. The Terre Haute Convention and Visitors Bureau says the facility provides a comfortable space for athletes to be evaluated out of the elements by coaches, EMTs, trainers and medical personnel.... Read More
The chief operating officer and chief financial officer of the Central Indiana Corporate Partnership says Thursday's announcement that Indianapolis-based Energy Systems Network is merging with the Battery Innovation Center in Newberry is a strategic opportunity to further an already strong relationship. ... Read More
Washington D.C.-based Carr Workplaces announced Thursday it has taken over as property manager for the Electric Works mixed-use innovation district in Fort Wayne. The company, which operates coworking spaces throughout the country, says it will oversee the entire 10-building campus at the former General Electric site near the city's downtown.... Read More
The Indiana Utility Regulatory Commission has given approval for Merrillville-based Northern Indiana Public Service Co. to increase its natural gas rates in a two-step process beginning in September. The utility says the average residential customer will see an expected overall increase of about $6 per month.... Read More
