Fort Wayne marks completion of Avenue of Autos project
The city acquired and converted three buildings that will now serve as the home of the city's radio shop, fleet management department and traffic operations department.... Read More
Alex Brown
Liberation Labs lands additional funding to complete Richmond plant
New York-based Liberation Labs said Thursday that it has secured an additional $50.5 million in capital that will fund the completion of its biomanufacturing facility in Richmond. Construction is expected to be complete later this year. ... Read More
Hoosier ag-tech startup takes top honors at national Ag Innovation Challenge
Gripp has developed a software platform designed to help farmers keep records of any assets on their farms and improve communication among everyone in their operations.... Read More
Fort Wayne’s Polar Leasing begins work on Texas distribution hub
Polar Leasing said the 12,800-square-foot facility in Temple, Texas is designed to serve the company's customers and freight partners in the south-central part of the United States.... Read More
Indianapolis-based Precision Products Group acquires Ohio manufacturer
Precision Products Group, a manufacturer of engineered materials for the electrical, medical, aerospace & defense, and industrial markets based in Indianapolis, has acquired Cincinnati-based Cindus Corp. Financial terms of the deal are not being disclosed.... Read More
Zimmer Biomet to acquire Colorado company for $1.2 billion
Warsaw-based Zimmer Biomet is looking to acquire a medical device company headquartered in Englewood, Colorado. The proposed deal for Paragon 28, which specializes in foot and ankle orthopedics, is valued at $1.2 billion. ... Read More
AI startup moving to The Forge in Bloomington
Vivum AI says it plans to relocate to a larger, custom-designed space inside The Forge as it prepares to begin a Series A funding round later this year.... Read More
Wabash swings to big full-year loss
Lafayette-based trailer manufacturer Wabash is reporting a full-year net loss of $284 million in 2024. Despite the loss, CEO Brent Yeagy said the company demonstrated improved resilience during a down cycle in the industry.... Read More
Iconic Aunt Millie’s sign in downtown Fort Wayne removed
The sign was installed atop the building at 350 Pearl Street in 1957 and has been a landmark of downtown Fort Wayne ever since. Melissa Koeneman, director of marketing for Aunt Millie's told WPTA that the future of the iconic sign is not yet known.... Read More
Mattress manufacturer to close Jeffersonville production facility, cut 106 jobs
The parent of several well-known mattress brands is planning to close its mattress manufacturing facility in Jeffersonville. In a notice to the state, California-based Resident Home said the move will result in the layoffs of 106 employees.... Read More