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Alex Brown

First Bank Richmond parent to acquire The Farmers Bank for $82 million

Richmond Mutual Bancorporation Inc., the parent of First Bank Richmond, has announced an agreement to acquire Frankfort-based The Farmers Bancorp, the parent of The Farmers Bank, in an all-stock deal valued at $82 million.... Read More

Indiana Statehouse DM 1

State revenues fall short of projections in October

Indiana revenue collections failed to surpass the most recent estimates in October. The Indiana State Budget Agency said General Fund revenues last month totaled just under $1.5 billion, which was $49.8 million lower than the April 2025 forecast.... Read More

Traction Ag acquires Iowa-based software company

Auburn-based farm accounting software company Traction Ag Inc. is looking to expand its offerings to farmers with the acquisition of Iowa-based PcMars. Financial terms of the deal are not being disclosed.... Read More

Union Health sets tentative closing date for hospital merger

Union Health has set a tentative closing date for its merger with Terre Haute Regional Hospital now that its Certificate of Public Advantage, or COPA, has been approved.... Read More

Heartland BioWorks inks biomanufacturing workforce training agreement

The Heartland BioWorks Tech Hub has signed an agreement with the National Institute for Bioprocessing Research and Training, or NIBRT, to fuel biomanufacturing workforce development efforts in Indiana.... Read More

Shoe Carnival to rebrand under Shoe Station banner

The move, which still requires shareholder approval, comes as the company continues to "rebanner" many of its Shoe Carnival stores to the Shoe Station brand.... Read More

‘One Health’ to be focus of Life Sciences Summit

The event, being held at the recently opened Elanco Animal Health global headquarters in downtown Indianapolis, brings together more than 250 leaders to discuss "the most pressing challenges and emerging opportunities" in the life sciences industry.... Read More

Ribbon cut on $180 million cold storage expansion in Hobart

The project, which marks the third expansion of the building since 2008, added 188,000 square feet of space and is expected to result in 50 new jobs. The expansion makes the facility the largest in North America for the company.... Read More

New CEO for DeKalb County Economic Development Partnership

Collin Bice had been serving in the role on an interim basis following the departure in September of Anton King, who led the DeKalb County Economic Development Partnership for more than nine years.... Read More

Refreshed Tech marks growth with new northeast Indiana facility

Starting with about 20 employees in a 7,000-square-foot building in Angola, Refreshed Tech now has about 130 employees and recently moved into a 105,000-square-foot facility in the nearby town of Ashley.... Read More

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Strong lender relationships power stronger financial futures

Strong lender relationships power stronger financial futures

In lending, the numbers matter, but the relationship matters more. A trusted lender doesn’t just provide financing. Th...

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