Jasper-based Kimball Electronics Inc. is reporting fiscal full-year net income of $55.8 million, up from $31.3 million the previous year. The company also hit its sixth consecutive quarter of record net sales, which totaled $496 million.... Read More
The Lake County Board of Commissioners decided unanimously to scope out and hire a consultant to help with specifications in line with such a development, according to our partners at the Times of Northwest Indiana. This development means local leaders are taking advantage of a new state law encouraging convention and event center development. ... Read More
Grace College's Department of Engineering will invest in new digital manufacturing equipment with a recent grant from the Don Wood Foundation.... Read More
Ending weeks of speculation, former Indiana Secretary of Commerce Brad Chambers filed formal paperwork Thursday to launch his campaign for governor. Chambers joins at least four candidates in the Republican primary who have a head start in fundraising.... Read More
A federal lawsuit brought by Indiana foster children alleges the Indiana Department of Child Services is failing to keep children safe by not correcting systemic failures that have been known to state officials for decades. ... Read More
The U.S. labor market continues to flex its muscle. Applications for jobless claims fell again last week and remain at healthy levels in the face of high interest rates and inflation.... Read More
LEA Professional has leveraged its clients' changing habits during the coronavirus pandemic into a successful business model. Here's how they did it.... Read More
Fort Wayne-based American Sealants will break ground Thursday on its second expansion in as many years. The company tells Inside INdiana Business the 30,000-square-foot addition will be used for warehousing and allow for an expanded manufacturing footprint.... Read More
Arrowhead Engineered Products, a supplier of aftermarket components for a variety of industries, is planning to close its warehouse in Dubois County. In a notice to the state, the company said the will shut down in October, affecting 52 employees.... Read More
A temporary restraining order has been granted in one of the first lawsuits following Indiana’s new statute on physician noncompete agreements. Dr. David Lankford filed the lawsuit against his former employer, Lutheran Medical Group.... Read More
An Indianapolis-based foster child support network is growing. Foster Success, which provides financial, educational and social support for young people transitioning out of foster care, said it will extend these services into Arizona, Ohio and Maryland.... Read More
Indiana students’ reading scores have been virtually unchanged for three years, according to new test data, underscoring fears about students’ struggles to recover from the pandemic. More than four out of five third graders passed the IREAD exam in 2023.... Read More
Indianapolis-based junk removal company Fire Dawgs continues to add to its portfolio. The company said this week it has acquired Junk N More, based in Columbus, Ohio, though financial terms of the deal are not being disclosed.... Read More
The league said the new branding and campaigns look to show the distinctive experience of student-athletes within the conference. According to a news release, the strategy lays motivation from the League's four pillars, which are major cities, major experiences, major moves and major impact.... Read More
Four collectors edition whiskeys will be released over the next two years, coordinating with the spring and fall planting and harvest seasons. The first of which, called the Harvest Sweet Mash Rye, will be kicked off and officially on sale Sept. 9 at the distillery. Afterward, the whiskey will be shipped out to retailers across the country through December. ... Read More
Mullen Automotive, which acquired a 650,000-square-foot manufacturing plant in Mishawaka last year, is reporting continued concerns over its financial situation. The company said it will need to secure additional capital by June 2024 to sustain operations.... Read More
Indianapolis-based logistics and trucking company OnLine Transport Inc. has acquired A/T Transportation and its Automated Logistics division, based in the Dubois County town of Ferdinand. Financial terms of the deal are not being disclosed.... Read More
The Hammond Common Council voted 7-2 on Monday to approve an ordinance restricting the hours of the city's 37 gas stations. Under the ordinance, gas stations will have to close from midnight to 5 a.m. beginning Nov. 1.... Read More
Target reported a Q2 sales drop, dragged down by shoppers' inflation worries and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise. The retailer also expects sales will decline for the remainder of the year.... Read More
A symbol of American industrialization that operated the world’s largest steel plant in Indiana seems poised to soon be purchased by a competitor.... Read More
