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

Fair Oaks Dairy RNG Operation Acquired

Chicago-based Amp Americas II LLC has acquired a dairy renewable natural gas operation in Fair Oaks. The company, which developed the project for California-based Generate Capital, says the acquisition, along with one other outside Indiana, has tripled the size of its carbon-negative fuels portfolio.... Read More

16 Tech Unveils Bridge Design

16 Tech Community Corp. in Indianapolis has unveiled what it says is a first-of-its-kind design for a new signature bridge. The organization says the bridge will connect the 16 Tech Innovation District to the city's downtown research and medical corridor.... Read More