IEDC recognizes small businesses

In honor of Small Business Week in Indiana, the Indiana Economic Development Corp. is recognizing seven small Hoosier businesses for their contributions to the state’s economy. ... Read More

DCS director stepping down; successor named

Gov. Eric Holcomb announced Monday that Indiana Department of Child Services Director Terry Stigdon will step down at the end of the week. Stigdon, who has served in the role since 2018, will become CEO of the Indiana Region chapter of the American Red Cross.... Read More

Rescue Mission names CEO

The Rescue Mission in Fort Wayne has named Thomas McArthur president and CEO-elect, succeeding Donovan Coley. McArthur most recently served as executive director of The Chapel, a non-denominational church in Illinois.... Read More

New nonprofit to support downtown Columbus

A new nonprofit has launched in Columbus with the goal of improving the city's downtown. The Office of Downtown Development seeks to fill gaps in the types of services and resources that are provided to new and existing businesses.... Read More

Northwind Pharma acquires Oregon company

Indianapolis-based Northwind Pharmaceuticals LLC has acquired QVI Risk Solutions, a health benefit administrator headquartered in Bend, Oregon. The private pharmaceutical repackaging company did not disclose financial details of the deal.... Read More

Duke Energy awards marketing grants

Duke Energy (NYSE: DUK) has awarded more than $125,000 in grants to 26 local and regional economic development organizations. The parent of Duke Energy Indiana says the grant dollars are used to support marketing campaigns and promotional materials.... Read More

South Shore Line projects generating big investment

The president of the South Shore Line says one of the two transformational projects on the rail line is creating benefits even before its completion. Mike Noland said both projects are projected to generate about $2.5 billion in additional investment.... Read More

State budget supports IUPUI realignment, ISU project

State lawmakers adopted a two-year budget early Friday morning that includes funding for new buildings envisioned as part of the uncoupling of IUPUI, a move that is intended to give Indiana University and Purdue University their own identities in Indianapolis. ... Read More

Marshall County manufacturer expanding

Shells Inc., a manufacturer of sand cores for the foundry industry, is investing nearly $6 million to boost operations at its facility in the Marshall County town of Bourbon. The company will use the funding to purchase additional equipment and add nine jobs.... Read More

Holcomb appoints new DWD commissioner

Gov. Eric Holcomb on Friday announced Richard Paulk will become the new commissioner of the Indiana Department of Workforce Development. Paulk succeeds David Adams, who is stepping down after less than a year in the role.... Read More