CNO Profit Swings to Major Loss
Carmel-based CNO Financial Group Inc. (NYSE: CNO) is reporting a net loss of $530 million, compared to net income of $101 million during the same period last year. The company says a one-time charg...... Read More
Alex Brown
Illinois Company Confirms Kellogg’s Plant Acquisition
Illinois-based Hearthside Food Solutions has confirmed its acquisition of the former Kellogg’s plant in Seelyville. The company did not disclose the purchase price for the facility, and says specif...... Read More
Indiana American Water to Detail Major Investments
Greenwood-based Indiana American Water Co. will Friday break ground on the second phase of an $8.5 million transmission main project in Gary. The utility says it will also provide details on $127 m...... Read More
Indiana Wine Grape Growers See Fruitful Season
A professor of horticulture at Purdue University says wine grape growers throughout the state have yielded positive results in a difficult season. Bruce Bordelon says a cold winter and rainy ripeni...... Read More
Merchants Bancorp Subsidiary Rebrands
A subsidiary of Carmel-based Merchants Bancorp (Nasdaq: MBIN), along with the firm it acquired in December 2017, have rebranded under one banner. PR Mortgage & Investments and RICHMAC Funding LLC w...... Read More
Launch Indy Announces Pre-Accelerator
A coworking space in downtown Indianapolis has announced a new pre-accelerator initiative. Launch Indy says the program is designed to prepare early-stage social enterprises for growth or funding.... Read More
Rose-Hulman Ventures Names Senior Director
Rose-Hulman Institute of Technology has promoted Brian Dougherty to senior director of Rose-Hulman Ventures. Dougherty most recently served as director of engineering at the product design, rapid p...... Read More
Ash Brokerage Acquires Kansas Firm
Fort Wayne-based Ash Brokerage Corp. has acquired another insurance firm in Kansas. Financial terms of the deal for Target Insurance Services Inc. are not being disclosed, however, the firm will...... Read More
Plainfield Coworking Space Set to Open
Officials in Plainfield will Thursday celebrate the grand opening of the town's first coworking space. Level Two, located on the second floor of The Shops at Perry Crossing, is designed to enhance...... Read More
East Central Leaders Heading to Japan
A group of leaders from east central Indiana is heading overseas this month. The East Central Indiana Regional Partnership will be leading the mission to Japan in an effort to introduce the region...... Read More