Indy logistics company Spot expanding in Charlotte

Indianapolis-based third-party logistics company Spot is expanding its presence along the East Coast through opening a new office in downtown Charlotte. The move means an addition of 144 work stations, and the company plans to add a total of 150 new jobs.... Read More

Indiana ends fiscal year with $2.9B in reserves

Indiana ended the 2023 fiscal year with $2.9 billion in reserve accounts, far short of the $6.1 billion it reported in 2022, according to a Thursday release. Lawmakers also plowed $3.1 billion into one-time spending, bringing down the surplus.... Read More

MBX Biosciences names chief scientific officer

Carmel-based clinical stage biopharmaceutical company MBX Biosciences Inc. has selected Steven Prestrelski as chief scientific officer. Prestreslksi most recently served as founder and CSO of Xeris Biopharma Holdings Inc. in Chicago.... Read More

ProTeam Tactical expanding to Louisville

Indianapolis-based ProTeam Tactical Performance is continuing to grow its footprint with a new location in Louisville, Kentucky. The company helps first responders recover from and prevent injuries in a manner similar to collegiate and professional athletes.... Read More

Redwire plans operations center at Novaparke campus

Florida-based Redwire is expanding its presence in Floyd County. The company, which acquired Techshot in Greenville in 2021, said this week it plans to open a microgravity payload development facility at the new Novaparke Innovation & Technology Campus.... Read More

Cummins CEO Jennifer Rumsey to become board chair

Cummins Inc. CEO Jennifer Rumsey will take over as the company’s board chair when Tom Linebarger retires at the end of the month, Cummins announced Wednesday. Rumsey will step into the position on Aug. 1, while still retaining her position as CEO.... Read More