An agriculture company previously based in Delaware has designated Indianapolis as its new global headquarters. Corteva Agriscience (NYSE: CTVA), which spun out of DowDuPont (NYSE: DD) in 2019, says the change goes into effect immediately. Additionally, the company has announced the retirement of Rajan Gajaria, who has served as executive vice president of business platforms since 2019.... Read More
The developer of the new casino in Terre Haute is proposing a new location that what was originally planned. Kentucky-based Churchill Downs Inc. (Nasdaq: CHDN) has filed to rezone nearly 50 acres near I-70 and State Road 46 to build the Queen of Terre Haute Resort.... Read More
Indianapolis-based The Bee Corp has received its second investment from IU Ventures. The company, which has developed technology to determine the health of beehives, says it will use the $125,000 from the IU Angel Network to enhance its technology and bring it to new markets.... Read More
Kokomo-based Community First Bank of Indiana has opened its first branch in Indianapolis. The new location is the bank's seventh branch and first to open since 2019.... Read More
The Purdue University Board of Trustees has approved $20 million for a new phenotyping greenhouse facility. Additionally, the board approved new metrics to measure President Mitch Daniels' performance for the 2021-2022 fiscal year.... Read More
The global semiconductor shortage is forcing Ford's (NYSE: F) Chicago Assembly Plant to be idled this week. Our partners at The Times of Northwest Indiana report thousands of auto workers, including many from northwest Indiana, will be temporarily out of work, beginning today.... Read More
A Goshen-based manufacturer of modern stairs and railing has detailed plans for an inflation protection plan for employees. Viewrail says it will review inflation rates each quarter and increase wages to match inflation.... Read More
Parkview DeKalb Hospital is looking to expand its footprint. The hospital says it has acquired nearly 77 acres outside of Auburn for $7 million for the construction of a new healthcare facility.... Read More
Indianapolis-based Simon Property Group Inc. (NYSE: SPG) has sold its ownership stake in Circle Centre Mall in downtown Indianapolis. The remaining ownership group, Circle Centre Development Co., is now seeking potential redevelopment ideas for the mall.... Read More
The latest Site Selectors Guild Survey shows the impact of a global talent shortage for both companies and communities. More than 40% of those surveyed believe skills shortages are now the new normal. Larry Gigerich, executive managing director of Fishers-based site selection firm Ginovus, says talent is the most important issue affecting economic development projects, particularly during the pandemic as more people leave the workforce.... Read More
