A new study conducted by Purdue University shows the economic impact of Indiana's horse racing and breeding industry has more than doubled over the past decade. The university said the industry generated a total of $1.44 billion in economic activity in 2021. ... Read More
The Tom Wood Group in Carmel this week announced a rebranding of its commercial equipment financing business. The company said the change from Quality Leasing Co. Inc. to Quality Equipment Finance was inspired by a sustained period of record growth.... Read More
Columbia City-based Schrader Real Estate and Auction Co. is expanding its operations with a new office in Bowling Green, Kentucky. The company says the office will focus on cropland, ranchland, recreational land, farm machinery and other assets.... Read More
It has no employees, no higher-education accreditation and only about $40,000 in the bank. But a group of physicians and business leaders, many with ties to DePauw University in Greencastle, is quietly drawing up plans to establish a medical school in Indiana with a focus on global health.... Read More
DJ-producer Kaskade will be an encore headliner for the Indy 500 Snake Pit concert on race day. Indianapolis Motor Speedway announced Wednesday that Kaskade will headline a five-act entertainment lineup for the infield party on May 28.... Read More
Indianapolis-based Glick Philanthropies has announced the recipients of nearly $1.4 million in grants to organizations focused on supporting the arts, advancing education, and expanding opportunities for economic mobility.... Read More
A major project in Valparaiso continues to move forward. Our partners at Lakeshore Public Radio report the Valparaiso City Council last week approved $27 million in bonds for a planned sports and recreation campus on the city's east side.... Read More
Michigan City-based Horizon Bancorp Inc. (Nasdaq: HBNC) has named President Thomas Prame chief executive officer, succeeding Craig Dwight who will retire June 1. Dwight, who has served CEO since 2001, will remain as chairman of the board for both Horizon Bancorp and Horizon Bank.... Read More
The Indiana Chamber of Commerce is throwing its support behind several initiatives being considered at the Statehouse this year. Among them is Senate Bill 2, which could potentially result in an estimated $50 million in annual tax savings for business owners.... Read More
The Indiana Sports Corp has created a new award in honor of Tom Jernstedt, an administrator whose distinguished professional career has been dedicated to the advancement of Division I men’s basketball.... Read More
Evansville-based Old National Bancorp (Nasdaq: ONB) has unveiled a new wealth management business. The bank says 1834 will cater to the diverse and complex financial advisory needs of high-net-worth individuals and institutions.... Read More
The University of Notre Dame has appointed mechanical engineering researcher Jeffrey Rhoads to the position of vice president for research.... Read More
For the third consecutive year, a Purdue University-affiliated company has been named to the Most Fundable Companies list from Pepperdine University’s Graziadio Business School. The business school named biotechnology company OmniVis to the prestigious list.... Read More
Missouri-based Children's Factory LLC is planning to close its plant in northeast Indiana. The company, which manufactures early education furniture and supplies, said in a notice to the state the closure in Angola will affect 26 employees.... Read More
A $2.1 billion Eli Lilly and Co. manufacturing campus in Boone County would include 12 buildings totaling more than 1.6 million square feet, a company official told the Lebanon Planning Commission on Tuesday night.... Read More
Indiana Legal Services, a civil legal aid agency for low-income Hoosiers, will receive $9.24 million in federal money for 2023 — a 15% increase over its 2022 appropriation which will help the nonprofit address pandemic-induced problems.... Read More
A business incubator serving northeast Indiana has rebranded and refocused its mission to help not only budding entrepreneurs, but all types of business ventures. Northeast Indiana Innovation Center, more commonly known as The NIIC, is now operating as Northeast Indiana Innovation Collective.... Read More
A Starbucks location in Valparaiso could soon become unionized. Our partners at The Times of Northwest Indiana report workers at the LaPorte Avenue coffee shop are asking the National Labor Relations Board for union representation.... Read More
Ivy Tech Community College Fort Wayne has named the winners of its annual European Competition for its study abroad program. The college says seven students were selected for scholarships that will allow them to travel to Italy this spring.... Read More
The School of Business at Purdue University has received a major gift. The university announced Tuesday that Raytheon Technologies Corp. (NYSE: RTX) has committed $4 million for a named chair position in the reimagined business school.... Read More
