Indianapolis-based Deflecto acquired for $103.7 million
Indianapolis-based manufacturer Deflecto has been acquired by New York City-based Acacia Research Corp. for $103.7 million, Acacia announced Monday. The deal closed on Friday.... Read More
Indianapolis-based manufacturer Deflecto has been acquired by New York City-based Acacia Research Corp. for $103.7 million, Acacia announced Monday. The deal closed on Friday.... Read More
The Office of the Attorney General filed a lawsuit last week alleging a home improvement contractor in Indianapolis has been scamming Hoosiers by taking money and then abandoning projects without refunds.... Read More
The grants are designed to help the company's partners, including in Lafayette and Terre Haute, reduce barriers to training opportunities for workers to improve their skills.... Read More
The Biden administration said Monday that it would provide up to $325 million to Hemlock Semiconductor for a new factory, a move that could help give Democrats a political edge in the swing state of Michigan ahead of election day.... Read More
The U.S. Consumer Product Safety Commission (CPSC) has warned the general public to immediately stop using the SG-5 Swagger 5 Boost Commuter Electric Scooters from South Bend-based Swagtron due to fire and burn hazards. Sold in black or silver colors with ...... Read More
Zelestra, a renewable energy company headquartered in Spain, has begun construction on a solar farm in Jasper County. When complete, the solar farm will provide energy to Meta, which is building a massive data center campus in southern Indiana.... Read More
The U.S. Food and Drug Administration, after intense public pressure and a lawsuit, is reconsidering its declaration barely two weeks ago that a shortage of the appetite-suppressing drugs Mounjaro and Zepbound is over, a temporary about-face that...... Read More
Indiana hospitals are still experiencing IV fluid shortages after Hurricane Helene damaged the largest IV fluid manufacturing plant in the U.S. in September. The federal government declared a shortage and said it is working to import IV fluids to meet demand.... Read More
Early Learning Indiana announced this month it's giving $23 million to 68 groups with the goal of building educational foundations for toddlers in the state.... Read More
Ireland's largest airline will begin offering direct flights between Indianapolis and Dublin four times a week starting in May, marking the first transatlantic flights from Indy since 2020. ... Read More
Indiana business, academic and government leaders are working on plans to expand a high-tech superhighway throughout Indiana. Quantum computing is an emerging field of computer science that uses quantum mechanics to perform calculations and solve problems many times faster than regular computers. The Quantum Corridor launched last year with a transmission from a data center […]... Read More
Officials in Franklin broke ground Friday on a nearly $5.8 million senior center in the city's Payne Park, which is being supported by funding from the state's READI 2.0 program.... Read More
Big Lots announced Friday that it plans to close an additional 56 stores, including three in Indiana, as it continues to work through the Chapter 11 bankruptcy process. The latest closures bring the total number of stores set to close to more than 500.... Read More
The plaintiff, IRB Capital Holdings LLC, filed the suit Oct. 3 in the Indiana Commercial Court in Hamilton Superior Court, claiming defendant Graham Rahal Performance LLC failed to deliver to IRB a limited-edition Mercedes Project One vehicle.... Read More
According to Indianapolis-based TechPoint’s third-quarter venture report, released this week, the state’s tech companies received a total of $51.3 million in venture funding from a total of 27 deals last quarter.... Read More
The Indiana Office of Energy Development will see a change in leadership at the end of the month. On Friday, Gov. Eric Holcomb announced that Ryan Hadley will step down form his role as the OED's executive director.... Read More
It is technology that holds the promise of collaborations among business, government and academic institutions to achieve breakthroughs in national defense, cybersecurity and other industries.... Read More
Lightsource bp’s Honeysuckle solar project in St. Joseph County has entered commercial operation with 188 megawatts of new clean energy generation. The project will generate enough energy annually to power 27,000 U.S. homes and reduce carbon dioxide emissions ...... Read More
Officials with the Indianapolis-based utility said in an interview with IBJ this week they have no interest in delaying the conversion from coal to natural gas at the two remaining units at the Petersburg plant, tentatively scheduled for the end of 2026.... Read More
An article published Thursday by international newspaper The Guardian takes a close look at practices by Fort Wayne-based Parkview Health that has led to some of the highest health care costs in the country.... Read More