A recently announced joint venture between Columbus-based Cummins Inc. and three other companies has selected Mississippi as the site of its $1.9 billion electric-vehicle battery plant.... Read More
Members of the United Auto Workers union have overwhelmingly ratified a new four-year employment contract with Indianapolis-based Allison Transmission Inc., the company and the union announced Wednesday.... Read More
Locally-based data and analytics consulting firm Onebridge has been acquired by Marlabs, a digital strategy and advisory firm headquartered in Piscataway, New Jersey. Financial terms were not disclosed for the transaction, which closed earlier this month.... Read More
Employers are doing a lot less hiring than they were a year ago—a sign that the job market in Indianapolis, and nationwide, has cooled considerably. In December, employers in the Indianapolis area posted openings for a total of 52,535 jobs—a 47% drop.... Read More
Bloomerang, a fast-growing Indianapolis firm that offers software for not-for-profit organizations, has acquired Lakeland, Florida-based software firm Qgiv. The deal closed in December. Bloomerang declined to reveal financial terms.... Read More
Armed with a fresh $43 million in investment funding—by far, the largest in the company’s eight-year history—Zionsville-based water management software firm 120Water says it is poised to take advantage of the huge opportunities it sees ahead.... Read More
When the Indiana Economic Development Corp. returns to the big CES trade show in Las Vegas next week, they’ll be bringing along some special guests: seven Indiana startups. This will be the IEDC’s third consecutive year attending CES.... Read More
The Indiana Pacers have signed a sponsorship deal with Fishers-based tech startup Spokenote that will put a QR code on the team’s jerseys—a first among major sports franchises.... Read More
Indianapolis-based Market Wagon, which offers an online marketplace where food producers and artisans sell their wares, has added to its presence in the St. Louis market by acquiring a smaller competitor.... Read More
Cummins will pay $1.675 billion to settle allegations that the engine-maker violated the Clean Air Act, the company announced Friday. This is the largest settlement ever reached under the Clean Air Act, and the second largest of any environmental penalties.... Read More
