The Terre Haute City Council has approved two tax abatements for a Colorado company setting up shop in the city. Bolder Industries Inc. is investing $40 million to establish a used tire recycling operation at the former Pyrolyx USA facility.... Read More
A former Moose Lodge in downtown Michigan City could soon have new life. Our partners at The Times of Northwest Indiana report the building is slated for redevelopment as a new South Shore Line train station is built across the street as part of the rail line's double-tracking project.... Read More
The city of Beech Grove will Friday cut the ribbon on its first greenway and trail system. The $2.6 million Franciscan Trail includes more than 2 miles of walking and biking routes and four new bridges.... Read More
The Heritage Group in Indianapolis is accepting applications for its fourth cohort of the THG Accelerator program. The 13-week accelerator provides mentorship, collaboration, and research and development assistance for a group of 10 startups culminating in a demo day in the fall. ... Read More
An Indianapolis-based commercial printing company is adding to its footprint with a new facility in Terre Haute. EZ Mailing LLC has invested nearly $2 million to open the new location, which does business as City Press, and add a small number of jobs.... Read More
The Indiana University Kelley School of Business has received a $1 million gift from alumnus Jeff Albers and his wife, Alison. The university says the gift will create an endowment to support programs at the Center for the Business of Life Sciences.... Read More
Indianapolis-based TechPoint has selected Ting Gootee as its next president and chief executive officer. Gootee currently serves as chief investment officer for Elevate Ventures in Indy and succeeds Mike Langellier, who in January announced plans to step down after nine years leading the organization. TechPoint is the tech sector initiative of the Central Indiana Corporate Partnership. ... Read More
Officials in Noblesville will Thursday break ground on a $48 million mixed-use project. The city says the East Bank development will include 219 apartments, nearly 5,300 square feet of commercial space and nearly 300-space parking garage.... Read More
Plainfield-based Duke Energy Indiana and Purdue University will Thursday mark the beginning of operations for a new combined heat and power plant on the West Lafayette campus. The CHP will use natural gas to generate both electricity and steam.... Read More
Venture capital activity in Indiana's tech sector during the first quarter of 2022 was down compared to the previous year, but TechPoint says the numbers illustrate a new growth wave for investment activity in tech. The state's nonprofit tech accelerator says 36 companies raised a total of $52.2 million in the first quarter, compared to $134 million in Q1 of 2021. ... Read More
