Inotiv Swings to Full-Year Profit

West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) is reporting fiscal full-year net income of $10.9 million, compared to a loss of $4.7 million the previous year. Chief Executive Officer Robert Leasure says the transformational year reflected the company's success in "expanding existing operations and services, starting up new services, and acquiring strategic assets."... Read More

Indiana Adjutant General Promoted

The head of the Indiana National Guard has received a promotion. Indiana's Adjutant General, Brigadier General Dale Lyles, was promoted to major general during a ceremony at the Indiana Statehouse.... Read More

New HQ Showcases First Internet Growth

The chief executive officer of Fishers-based First Internet Bancorp (Nasdaq: INBK) says the bank's new, 168,000-square-foot headquarters couldn't come at a better time. The bank this morning cut the ribbon the facility on 116th Street just west of I-69, which is part of a $157 million development announced in 2018.... Read More

Tech Castings Expanding in Hancock County

A manufacturer in Hancock County is growing its operations. Tech Castings LLC, which makes superalloy investment castings for the aerospace, manufacturing, and medical industries, says it will invest $4.5 million to expand its facility in the town of Shirley and add up to 20 jobs.... Read More

Indiana Unemployment Hits 21-Year Low

Indiana's unemployment rate fell to 3% in November, down from 3.3% the previous month. The Indiana Department of Workforce Development says the last time the state had an unemployment rate this low was November 2000.... Read More

Proposed London-to-Indy Flight Scrapped

A proposed flight between Indianapolis and London will not launch in 2022. Our partners at the Indianapolis Business Journal report British Airways confirmed the decision, though Indy could still be considered as a destination in the future.... Read More

Eleven Fifty Lands Grant to Fund Satellite Campuses

Indiana University Health is awarding $4.3 million to organizations throughout the state in an effort to boost housing and training needs among Hoosiers. One of those awards is a three-year, $1 million grant to Indianapolis-based Eleven Fifty Academy to open satellite campuses in 10 counties, including a location at the Fusion 54 coworking space in Crawfordsville.... Read More

Allen County Touts Record Building Permits

The Allen County Building Department says the number of building permits issued in 2021 far surpassed past records. The county says residential and commercial permits represented more than $2 billion in construction value, up from the previous record of $1.6 billion in 2019.... Read More

Low: FDA Approval Could Be Revolutionary for Cancer Surgery

The founder of West Lafayette-based On Target Laboratories Inc. says the recent approval from the U.S. Food and Drug Administration for the company's imaging drug Cytalux brings "a whole rainbow of emotions." Cytalux uses fluorescent technology to help surgeons spot ovarian cancer tumors. ... Read More

Kokomo Engine Plant Revamp Nearly Complete

Stellantis is nearing completion of a $400 million revamp of a once-idled transmission plant in Kokomo. However, the Kokomo Tribune reports the facility, which will be known as the Kokomo Engine Plant, may not be fully operational by the end of the year as originally planned.... Read More