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News

First Bank Richmond parent to acquire The Farmers Bank for $82 million

Richmond Mutual Bancorporation Inc., the parent of First Bank Richmond, has announced an agreement to acquire Frankfort-based The Farmers Bancorp, the parent of The Farmers Bank, in an all-stock deal valued at $82 million.... Read More

Franciscan Health to build $60M, 40-bed rehab hospital on south Indy campus

Franciscan Health Indianapolis this week announced plans to build a new $60 million, 40-bed inpatient rehabilitation hospital on its south-side campus to accommodate patients recovering from strokes, cardiac events, brain injuries and other medical issues.... Read More

Indiana Statehouse DM 1

State revenues fall short of projections in October

Indiana revenue collections failed to surpass the most recent estimates in October. The Indiana State Budget Agency said General Fund revenues last month totaled just under $1.5 billion, which was $49.8 million lower than the April 2025 forecast.... Read More

Bray says Indiana Senate will not reconvene in December to discuss redistricting

After months of speculation and pressure from the Trump administration, Indiana Senate President Pro Tem Rodric Bray announced Friday that his chamber will not meet in December to consider redrawing the state’s Congressional maps. ... Read More

This week on Inside INdiana Business with Gerry Dick 11/16/25

Check out what's coming up on this weekend's edition of Inside INdiana Business with Gerry Dick!... Read More

Franciscan Health unveils high-tech simulation room

The Immersive Interactive system by Florida-based Echo Healthcare uses an advanced simulation technology designed to create realistic virtual learning environments.... Read More

Seattle-based developer plans $4B data center project in Indianapolis

According to plans, the two-building data center from Sabey Corp. would occupy a 130-acre site near the northeast corner of Kentucky Avenue and Camby Road.... Read More

Traction Ag acquires Iowa-based software company

Auburn-based farm accounting software company Traction Ag Inc. is looking to expand its offerings to farmers with the acquisition of Iowa-based PcMars. Financial terms of the deal are not being disclosed.... Read More

Union Health sets tentative closing date for hospital merger

Union Health has set a tentative closing date for its merger with Terre Haute Regional Hospital now that its Certificate of Public Advantage, or COPA, has been approved.... Read More

Nearly 540,000 birds impacted by bird flu in northern Indiana since Oct. 9

All of the cases have been found in Elkhart and LaGrange counties affecting either commercial egg layer facilities or commercial meat duck farms.... Read More

IPS approves teacher contract with minimum salary increase of $1,510

The Indianapolis Public Schools board approved a new two-year teacher contract through 2027 that provides a minimum raise of $1,510 for this school year and $1,010 in the next.... Read More

Indiana exploring how to extract rare earth elements from coal byproducts

Indiana leaders gathered Thursday to consider how the state could mine its ample coal waste for the rare earth elements key to modern technology — in a bid to boost domestic production and break China’s dominance.... Read More

Lafayette launches 30-day retail pop-up initiative

The initiative, called Local, is giving business owners the opportunity to open a pop-up storefront for 30 days. The goal of is to provide brand awareness and attract new customers while providing a low-risk opportunity to test out concepts.... Read More

Welch Packaging acquires Tennessee-based ABCOR Packaging

Welch Packaging Group has acquired ABCOR Packaging, a corrugated products manufacturer based in Cleveland, Tennessee, expanding the Elkhart company’s presence in the Southeast. Financial terms were not disclosed. Founded in 2007 by partners Ricky Sanders and ...... Read More

South Bend to acquire historic Marquette School for new community center

The South Bend Redevelopment Commission has approved the purchase of the former Marquette Elementary School, paving the way for a new neighborhood center led by United Way of Northern Indiana. Commissioners voted Thursday to buy the long-vacant school at ...... Read More

Manufacturing reshoring push could be boon to Indiana, expert says

Tom Jalics, who spoke Thursday morning at IBJ’s 2026 Economic Forecast breakfast in downtown Indianapolis, said he’s optimistic that the Trump administration will succeed in using tariffs to revive the U.S. manufacturing industry.... Read More

Komen Tissue Bank awarded $750K grant to expand breast tissue collection

Since its founding in 2007, the Susan G. Komen Tissue Bank at IU’s Melvin and Bren Simon Comprehensive Cancer Center has collected healthy breast tissue from more than 5,600 women. In 2023, the tissue bank began collecting tissue donations from men.... Read More

IRS boosts contribution limits for 401(k) retirement plan savers

The IRS said Thursday the maximum contribution that an individual can make in 2026 to a 401(k), 403(b) and most 457 plans will be $24,500. That’s up from $23,500 this year.... Read More

Heartland BioWorks inks biomanufacturing workforce training agreement

The Heartland BioWorks Tech Hub has signed an agreement with the National Institute for Bioprocessing Research and Training, or NIBRT, to fuel biomanufacturing workforce development efforts in Indiana.... Read More

Municipal advocacy group requests tax fixes ahead of 2026 session

Diminished budgets, staffing reductions and postponed projects were the focus Wednesday as more than a dozen Hoosier mayors and town managers gathered in the Speedway Municipal Center to discuss the effects of Indiana’s new tax system.... Read More

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Year-end planning: Control the chaos

Year-end planning: Control the chaos

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