Record Revenue Helps OrthoPediatrics Narrow Loss

Warsaw-based OrthoPediatrics Corp. (Nasdaq: KIDS) is reporting a full-year net loss of $16.2 million in 2021, compared to a loss of $33 million the previous year. Despite the loss, the pediatric orthopedic device manufacturer says it hit record annual revenue of $98 million.... Read More

Fort Wayne Lands Bids for New Trash Collector

The city of Fort Wayne has opened bidding for a new solid waste services contract. The city is looking for a new trash and recycling collection provider to replace Texas-based Red River Waste Solutions, which filed for bankruptcy last fall.... Read More

Lithium-Ion Battery Maker Relocating to Indianapolis

A manufacturer of lithium-ion batteries originally based in Phoenix is relocating operations to the Indianapolis. EnPower Inc. is moving into a facility previously operated by EnerDel Inc. on the city's northeast side and plans to add more than 100 jobs by the end of the year. Chief Executive Officer Annette Finsterbusch says the move is part of an effort to bring more battery production to the United States.... Read More

Healthcare Wage Increases Lag Behind Other Industries

A new study from Indiana University, California-based nonprofit Rand Corp., and the University of Michigan shows average wages for healthcare workers in the U.S. have risen less than wages in other industries during the pandemic. Additionally, healthcare employment levels dropped 5.2% in mid-2020 compared to 2019.... Read More

Indy Marketing Agency Lands Major Funding

Indianapolis-based TrendyMinds has secured an eight-figure investment from San Antonio-based private equity firm Contour Ridge. The digital marketing agency says it will use the funding to establish new regional offices in Florida and Texas, and create more than 600 jobs. While a specific dollar figure is not being disclosed, TrendyMinds founder Trevor Yager says the investment signifies the agency's next phase of growth.... Read More

Society of Professional Journalists Sells Indy HQ

The Society of Professional Journalists and the SPJ Foundation have sold their longtime headquarters in Indianapolis. The organizations say the decision was made in order to move to a more hybrid work model with many staff members working remotely.... Read More

Indiana Chamber VP to Retire

The Indiana Chamber of Commerce says vice president Bill Waltz will retire on June 30. Waltz has spent nearly 20 years leading tax and public finance lobbying efforts for the chamber.... Read More

Survey: Southern Indiana Shows Tourism Support

A survey commissioned by the destination marketing organization for Clark and Floyd counties shows residents are supportive of tourism efforts in southern Indiana and have a desire for more tourism opportunities, particularly in response to the pandemic. ... Read More

Goshen Health Bumps Up Minimum Wage

Goshen Health is joining a growing list of health systems in Indiana that are increasing their minimum wage. The healthcare provider says it is raising its minimum wage to $16 per hour.... Read More

Holcomb Issues Executive Order Amid Ukraine Invasion

Governor Eric Holcomb has signed an executive order in the wake of what he calls Russian President Vladimir Putin's "unprovoked invasion" of Ukraine. The order lists specific actions, including a review of all state contracts involving Russian-owned or Russian-affiliated companies.... Read More