Raytheon Division Sold to Mississippi Company

Raytheon Intelligence & Space in Virginia has sold its training and services business, which has a major presence in Indianapolis, to Mississippi-based The Vertex Co. Raytheon employed about 600 people in Indy and a spokesperson says there were no job cuts as part of the acquisition.... Read More

BioCrossroads Celebrates 20 Year Milestone

BioCrossroads, the state's initiative to grow and invest in life sciences, is marking 20 years since its launch. The public-private collaboration has supported the state's existing research and corporate strengths, while encouraging new business development through three venture capital funds and more than 500 startups.... Read More

State Revenue Outpaces Projections Again

Indiana continues to beat the most recent revenue projections. The Indiana State Budget Agency says General Fund revenues for February totaled more than $1.1 billion, which was nearly 13.6% higher than the December 2021 forecast and and 11% higher than the same month last year.... Read More

Coworking Spaces Seeing Benefits of Remote Work

As the two-year mark of the pandemic quickly approaches, there is no question businesses of all sizes have taken a hit and Indiana's coworking spaces are no different. However, in Hamilton County, all signs point to a bright future. ... Read More

Tell City Preztel Moves to Jasper

A popular pretzel company in Perry County has relocated operations. Our partners at WEHT-TV report Tell City Pretzel has moved its production and retail facility to Jasper, the home of owners Brad and Sandy Smith.... Read More

Rate Hike to Fund New Evansville Water Plant Approved

The Indiana Utility Regulatory Commission has approved a request from the Evansville Water and Sewer Utility to raise water rates. The utility says the additional funds will help cover the cost of a new water treatment plant to replace the existing facility built in the 1890s.... Read More

New Accelerator Focusing on Defense Tech

Naval Surface Warfare Center, Crane Division is looking to help its scientists commercialize their technologies. The installation is partnering with The Mill in Bloomington and others to launch the PROPELS Accelerator, which is designed to provide entrepreneurs and small businesses with the opportunity to bring patented government technology to market. ... Read More

Program Targets Energy Efficiency for Manufacturers

Indianapolis-based Energy Systems Network has launched what it calls a first-of-its-kind statewide program in partnership with the Emerging Manufacturing Collaboration Center in Indy. Energy INsights aims to help Hoosier manufacturers use artificial intelligence and data science to reduce energy costs and improve sustainability.... Read More

Three Bloomington Arts Groups to Merge

Three performing arts groups in Bloomington have announced plans for a merger they say will create one of the largest arts organizations in southern Indiana. The Bloomington Playwrights Project, Cardinal Stage and Pigasus Institute say they are also negotiating with the city to take over management of the John Waldron Arts Center.... Read More