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Articles
State to give update on READI funding
| Alex Brown, Assistant Managing EditorGovernor Eric Holcomb and Indiana Secretary of Commerce Brad Chambers will Thursday provide an update on the progress of the Regional Economic Acceleration and Development Initiative. The state approved $500 million in READI grants to 17 regions last December.
CenterPoint lands approval for natural gas facility
| Alex Brown, Assistant Managing EditorThe Indiana Utility Regulatory Commission has approved plans from Evansville-based CenterPoint Energy Indiana South to build a natural gas turbine facility in Posey County. The electric utility business of Texas-based CenterPoint Energy Inc. (NYSE: CNP) says the $334 million project will replace two coal-fired generation units at the A.B. Brown power plant.
Franciscan Health Lafayette to break ground on cancer center
| Mary Roberts, Writer/ReporterFranciscan Health will Thursday break ground for the new Franciscan Health Cancer Center Lafayette. The health system says the new three-story, 68,000-square-foot cancer center will consolidate its existing services into one location on the Franciscan Health Lafayette East campus.
Indiana lawmakers delay special session work by nearly three weeks
| Peter Blanchard, Indianapolis Business JournalAnticipating several weeks of committee hearings and public testimony on the issue of abortion rights, Indiana lawmakers, in coordination with Gov. Eric Holcomb, have postponed the beginning of work in their special session from July 6 to July 25.
Volleyball serves up $60M to central Indiana economy
| Wes Mills, Content ManagerIndianapolis is hosting a major sporting event this week that could generate nearly $60 million for central Indiana’s economy.
Lilly to supply 150,000 more doses of Omicron treatment
| Mary Roberts, Writer/ReporterIndianapolis-based Eli Lilly and Co. (NYSE: LLY) has received a $275 million purchase agreement to supply the U.S. government with an additional 150,000 doses of bebtelovimab. The agreement is a modification of Lilly’s $720 million deal, which supplied the U.S. government with 600,000 doses of the drug.
Ascend Indiana receives $6M to scale youth apprenticeships
| Mary Roberts, Writer/ReporterIndianapolis-based workforce development initiative Ascend Indiana and EmployIndy have received $6 million from the Richard M. Fairbanks Foundation. The partners say the grant funding will support growth of the Modern Youth Apprenticeship program in Marion County.
Professor: Chip design center marks ‘first win’ for semiconductor industry in Indiana
| Alex Brown, Assistant Managing EditorA professor of electrical and computer engineering at Purdue University says the partnership with Taiwan-based MediaTek could serve as a model for other semiconductor companies to establish operations in Indiana. Purdue and MediaTek on Tuesday detailed plans to establish a new chip design center in the university’s Discovery Park District, which is expected to create up to 30 jobs.
River Ridge names business development director
| Wes Mills, Content ManagerThe River Ridge Development Authority has hired Josh Staten to serve as director of business development to help attract business and grow the 6,000-acre River Ridge Commerce Center
Two central Indiana health systems join Mayo Clinic network
| Alex Brown, Assistant Managing EditorHancock Health in Greenfield and Hendricks Regional Health in Danville have joined the Mayo Clinic Care Network, based in Minnesota. The health systems say the move will provide special access to Mayo Clinic’s knowledge and expertise in an effort to provide the best care possible.
Ascension St. Vincent to close 11 immediate-care centers
| John Russell, Indianapolis Business JournalAscension St. Vincent plans to close 11 immediate-care centers on Thursday, a move certain to affect scores of employees as well as patients who use those centers.
Elevate Ventures names next CEO
| Wes Mills, Content ManagerIndianapolis-based Elevate Ventures has named Christopher Day the organization’s next chief executive officer.
Anonymous $1M gift to support Butler Esports Park
| Mary Roberts, Writer/ReporterButler University has received an anonymous $1 million gift that will support construction of its Esports Park. The 7,500-square-foot esports and educational technology facility is expected to open in August.
Specialty metals firm to open plant in Fort Wayne
| Wes Mills, Content ManagerMassachusetts-based Boston Centerless is opening a facility closer to one of its core sectors that it serves, Indiana’s orthopedics industry.
NWI women association gains nonprofit status
| Mary Roberts, Writer/ReporterThe Northwest Indiana Influential Women Association has gained nonprofit status from the Internal Revenue Service. The Crown Point-based organization, which works to advance the careers of women throughout the northwest Indiana region, says it now has federal income tax exemption as a public charity.
Boardable makes CEO promotion
| Reed Parker, Writer/ReporterBoardable has promoted Jeff Middlesworth to chief executive officer. He most recently was chief product officer.
River Ridge Development Authority names director
| Reed Parker, Writer/ReporterThe River Ridge Development Authority board of directors has named Josh Staten director of business development. He most recently was economic development and redevelopment director for the city of New Albany.
Katz, Sapper & Miller add director
| Reed Parker, Writer/ReporterKatz, Sapper & Miller has hired Erin Wagoner as director in its audit & assurance services group. She most recently was chief financial offier and operatig officer for Servant Solutions.
Indiana State Police name Forensic Scientist of the Year
| Reed Parker, Writer/ReporterThe Indiana State Police has named Mitzi Templeton as the Forensic Scientist of the Year within its Laboratory Division. She is a forensic scientist in the Forensic Firearms Identification Unit at the Evansville Regional Laboratory.
IU launches new center on gender inequity in business
| Wes Mills, Content ManagerIndiana University is creating a new research center to address issues of gender inequity, sexual misconduct and sexual harassment in the workplace.