Fort Wayne-based Vera Bradley Inc. on Tuesday announced plans for what it's calling a strategic cost efficiency initiative aimed at reducing annual costs by about $20 million. However, specific details on the plan remain scarce.... Read More
Daviess Community Hospital is adding to its local portfolio with its planned acquisition of Montgomery Medical Associates. Financial terms of the deal were not disclosed, but the hospital said the acquisition is expected to close in March.... Read More
The company is investing nearly $7 million in its new polystyrene operations at its Scottsburg facility with plans to create 45 jobs by 2028, according to One Southern Indiana.... Read More
Senate Bill 293—authored by Sen. Andy Zay, R-Huntington—would allow Full House Resorts to transfer its gaming license from Rising Sun to New Haven, where the Las Vegas-based company plans to build a $500 million casino and hotel.... Read More
The project will see the reconstruction a portion of Airport Expressway on the city's southeast side with the goal of improving safety and eliminating traffic delays.... Read More
Officials in Marion will break ground Tuesday on a $10.8 million mixed-use development in the city’s downtown riverfront district. River Rock Lofts will feature 44 apartments, 3,300 square feet of commercial space, and a public plaza for community events.... Read More
Jack Wax first came up with the idea for The Handless Handle while still in high school to help improve access to the new hidden garbage can cabinet in his parents' renovated kitchen.... Read More
Industrial Maintenance Specialists Inc., a millwright and rigging contractor headquartered in Gas City, is under new ownership. Michigan-based Commercial Contracting Corp. has acquired the Indiana company, though financial terms are not being disclosed.... Read More
Muncie Power Products has promoted Scott Huntsman to CEO, the company announced this month. Huntsman has been with the company since 2016 and most recently served as chief commercial officer.... Read More
Indianapolis-based Hurco Companies is reporting a fiscal full-year net loss of $16.6 million, compared to income of $4.4 million the previous year. CEO Greg Volovic said the company hoped for more of a recovery in the machine tools market, which was down 19%.... Read More
