Fort Wayne-based Indiana Michigan Power has announced plans for an electric transmission network upgrade in Grant and Blackford counties. The $45 million project will upgrade operational performance and reduce the likelihood of extended power outages and the need for frequent equipment repairs.... Read More
The Fort Wayne-based Mad Anthonys Foundation has named Purdue men's basketball coach Matt Panter, along with Rick and Vicki James of Metal Technologies Inc. in Auburn as its 2022 Red Coat honorees. The recognition is given annually to individuals who have made a positive impact on the Fort Wayne region and the state.... Read More
An Indianapolis-based tech company has closed on a $7.5 million investment round led by Fulcrum Equity Partners, a growth equity fund headquartered in Atlanta. DriverReach, which has developed a recruiting and compliance management platform for the trucking industry, says it plans to use the funding to fuel product development and add up to 60 jobs over the next three years. "It's pouring some serious gasoline on the fire," said DriverReach Chief Executive Officer Jeremy Reymer.... Read More
Indianapolis-based Allison Transmission Inc. (NYSE: ALSN) has announced a $15 million investment in Autotech Ventures, a venture capital firm in Silicon Valley. Allison says the partnership will provide the company with direct exposure to startups, VC expertise and high-tech companies in the transportation industry.... Read More
Jasper-based Farbest Foods Inc. is in the midst of a nearly $13 million expansion of its plant in Huntingburg. The turkey processing company is adding more than 22,000 to its deboning room, which it says will streamline the deboning process and improve output.... Read More
Amazon (Nasdaq: AMZN) is adding to its footprint in Johnson County. The e-commerce giant is planning to open a 510,000-square-foot sorting center in Franklin later this year and create hundreds of jobs.... Read More
Purdue University and Indiana University are teaming up in an effort to boost the state's talent pipeline by keeping more graduates in Indiana. The schools have partnered with Ascend Indiana with the goal of connecting students with in-state career opportunities more effectively, as well as... Read More
The tech sector in Indiana continued a record-breaking trend at the end of 2021. TechPoint, the state's nonprofit tech accelerator, says the state saw more than $958 million in venture capital investment last year, which is nearly triple the previous record set in 2019.... Read More
After a successful game between Georgia and Alabama, the 2022 College Football Playoff Indianapolis Host Committee this morning passed the ball to Los Angeles, which will host the big game next year. While Indy has received much praise for... Read More
The city of Gary is looking to transform a former landfill and EPA Superfund site into a modern business park. Our partners at The Times of Northwest Indiana report officials plan to use the majority of the Lake Sandy Jo property to potentially build a warehouse or distribution facility.... Read More
