News

Ohio Company Lands Title with Franchise Acquisitions

The owner of an Ohio-based hospitality company has hit a milestone thanks to a move into Indiana. Jordan Hospitality Group says it has earned the title of Largest Franchise Partner for Donatos after acquiring 21 franchise locations in the Hoosier State.... Read More

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State Revenue Beats Estimates Again

Indiana revenue exceeded the most recent projections for the month of December. The Indiana State Budget Agency says General Fund revenues totaled nearly $1.7 billion last month, which was 1.2% higher than the December 2021 revenue forecast and more than 14% higher than the same month in 2020.... Read More

Hickory Recovery Planning Albion Hiring Event

Hickory Recovery Network is planning to host a hiring event on Monday to fill dozens of new jobs in Albion and Noble County. Hickory, which is set to open its sixth in-patient addiction treatment center in Indiana, says the job fair will be held at Augusta Hills Learning, Recreation and Community Center from 10 a.m. to 7 p.m.... Read More

Governors Workforce Cabinet Director Steps Down

The executive director of the Governor’s Workforce Cabinet, Patrick (PJ) McGrew, has stepped down from his role. Governor Eric Holcomb, who made the announcement Friday, says McGrew is taking a position with Indianapolis-based nonprofit INvestEd.... Read More

CFP Chief: Indy ‘Natural Fit’ to Host Championship

In three days, the No. 3 Georgia Bulldogs will face the No. 1 Alabama Crimson Tide in the 2022 College Football Playoff National Championship game at Lucas Oil Stadium in downtown Indianapolis. But how did the game come to the Circle City? CFP Executive Director Bill Hancock says the plan was always to host the game in 10 different cities in its first 10 years and Indy was a "natural fit."... Read More

MetroNet Installing Fiber Optic Network in Marion County

Evansville-based MetroNet has begun construction on a 100% fiber optic network in the city of Lawrence that will make it a Certified Gigabit City. MetroNet is fully funding the multi-million-dollar project it says will bring Lawrence to the frontline of modern technology.... Read More

Hurco Swings to Full-Year Profit Amid Challenges

Indianapolis-based Hurco Companies Inc. (Nasdaq: HURC) is reporting fiscal full-year net income of $6.8 million, compared to a net loss of $6.2 million the previous year. Chief Executive Officer Greg Volovic says the CNC machine manufacturer has rebounded well from challenges caused by the pandemic.... Read More

Muncie Touts Improving Finances

The city of Muncie is touting its improving financial picture. The city says over the past two years it has reduced its total debt load by $6.7 million, down to $51.7 million. ... Read More

Supreme Court Ruling Leads to Law Firm Rebrand

Fishers-based Hunter Estate & Elder Law has taken advantage of a recent ruling by the Indiana Supreme Court that no longer requires law firms to contain the names of its partners or founders. Attorney and partner Justin Schuhmacher says the firm has changed its name to Indiana Estate & Elder Law in an effort to make it more searchable and accessible.... Read More

White Lodging Leadership Changes

Merrillville-based hotel management company White Lodging has named Jean-Luc Barone chief executive officer, succeeding Ken Barrett who will continue to serve as president of the company. ... Read More

Grant to Fund Accelerator in Lafayette

Greater Lafayette Commerce says it plans to use a nearly $5 million grant from the Indiana Department of Education to create a new accelerator program. The nonprofit economic and workforce development organization says the program is designed to help students overcome hurdles caused by the pandemic and graduate from high school ready for a career and continued education.... Read More

Lilly Partnering with Canadian Pharma Company

Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has inked a research and collaboration agreement with Entos Pharmaceuticals in Canada. Lilly says the deal will support the development of therapies for multiple neurologic conditions.... Read More

SIMBA Chain Hires COO

South Bend-based SIMBA Chain has hired Joe Matz as its chief operating officer. The company says Matz, a 25-year veteran in licensing and finance for Microsoft, had consulted with the blockchain company for the last two years before accepting a full-time leadership role.... Read More

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This Week on Inside INdiana Business with Gerry Dick 1/7/22

Indianapolis businesses are cashing in big-time this weekend on college football’s grand finale. The College Football Playoff National Championship between Alabama and Georgia is expected to draw 100,000 visitors to the city and pump more than $150 million into the economy. Chris Gahl has details on the event’s overall impact on tourism.... Read More