Skill Precast Expanding in Knox County

Vincennes-based Skill Precast LLC is planning to build a new manufacturing site in Knox County. The company, which makes precast concrete wall panels and pole bases, says it will invest $2.2 million to construct the facility and create up to 15 jobs.... Read More

Boat Maker Expanding in Elkhart

A manufacturer of pontoon and deck boats has broken ground on a $10 million expansion in Elkhart. Godfrey Marine says the expansion to its manufacturing facility will add more than 50 jobs over the next 18 months.... Read More

Inotiv Loss Grows Despite Revenue Jump

West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) is reporting a fiscal second quarter net loss of $6.1 million, compared to a loss of $723,000 during the same period last year. The contract research organization says despite the drop, it recorded $140 million in revenue, a 646% increase.... Read More

Viral Video Leads to Booming Sales for Indy Startup

Just a few weeks ago, Indianapolis-based startup Sunny posted a TikTok video that unexpectedly went viral, and orders are now exploding for its hygiene care product created by two young female entrepreneurs. Sunny has designed a menstrual cup and unlike others on the market, it comes with an applicator.... Read More

Regional Development Authority Planned for Central Indiana

A group of cities and towns in central Indiana is working together to form a new economic development group. Officials tell our partners at the Indianapolis Business Journal the Central Indiana Regional Development Authority, which will initially include eight municipalities, will create greater opportunities for securing grant funding.... Read More

Home Prices Rise, Sales Drop in April

Indianapolis-based F.C. Tucker Co. says central Indiana continued to see an increase in home prices and housing inventory in April. However, pended home sales in the 16-county region dropped 5.4% compared to the same month last year.... Read More

Auto Supplier Growing in Huntington

Michigan-based Teijin Automotive Technologies will Thursday break ground on a $110 million expansion at its manufacturing plant in Huntington. The automotive components manufacturer says the project will add 164,000 square feet of space and create up to 225 jobs over the next several years.... Read More

Startup to Establish Crypto Mining Facility in Sullivan County

A Kentucky-based cryptocurrency startup is looking to transform a portion of the Merom Generating Station in Sullivan County into a crypto mining facility. AboutBit LLC says it is investing $50 million in the project, which will create up to 15 high-tech jobs with the potential for more once the facility is online.... Read More