Evansville Mayor Stephanie Terry will join officials from the Evansville Regional Economic Partnership and CRG Residential on Tuesday to mark the start of construction on a mixed-use development that has been years in the making. The Vault on Main will be...... Read More
The Krach Institute for Tech Diplomacy at Purdue has launched a new online initiative to educate government and business leaders—and the general public—on issues at the intersection of technology, national security and economic prosperity.... Read More
Columbus-based Cummins has inked a lease for a more than 1 million-square-foot warehouse and distribution facility at the Mohr Logistics Park in Whiteland. Financial terms of the deal—as well as the company's specific plans for the facility—were not disclosed.... Read More
Ohio-based MasterBrand Cabinets LLC, which has a major presence in Dubois County, has announced plans to acquire Supreme Cabinetry Brands Inc., headquartered in Waterloo, Iowa. MasterBrand says the $520 million cash deal will allow the company to...... Read More
There has been a transformation going on just outside of the gates at the Indianapolis Motor Speedway. Main Street in the town of Speedway is being transformed into an entertainment and restaurant destination for many around central Indiana. ... Read More
One year ago this week, officials from the Indiana Department of Transportation and Penske Entertainment Corp. broke ground on the new Clear Creek Welcome Center in Vigo County. The facility, which is part of a $600 million effort to revamp the state's...... Read More
The NCAA and the nation's five biggest conferences announced Thursday night that they have agreed to pay nearly $2.8 billion to settle a host of antitrust claims, a monumental decision that sets the stage for a groundbreaking revenue-sharing model.... Read More
Nine central Indiana economic development organizations have received up to $5,000 each from Plainfield-based Duke Energy Indiana to fund marketing efforts to attract new jobs and investment. The utility’s Partnership Program grants can be used to support...... Read More
Orders placed with U.S. factories for business equipment rose by more than forecast in April, indicating firms are still focused on making long-term investments despite an uncertain outlook and high borrowing costs. The value of core capital goods orders...... Read More
Like the rest of Indiana’s Medicaid landscape, adult day services face a monumental change this summer when the state transitions to managed care. For providers, that means a Managed Care Entity will handle their claims and payments rather than the state.... Read More
Faced with overwhelming demand for its diabetes treatment Mounjaro and weight-loss treatment Zepbound, Indianapolis-based drugmaker Eli Lilly and Co. said Friday it plans to invest another $5.3 billion in its brand-new Boone County manufacturing complex.... Read More
Verbio North America is breathing new life into a biorefinery in South Bend. The company broke ground on its upgrade and expansion of the former South Bend Ethanol plant on the city’s south side. Headquartered in Germany, the Hoosier investment is the company’s second imprint in the United States. The company will invest $230 million in this project.... Read More
Race weekend is finally here. IMS President Doug Boles talks about sales, the success of a new proprietary ticket marketplace and the buzz around the Racers and Pacers.... Read More
A planned merger between Columbus-based Centra Credit Union and Bedford-based Hoosier Hills Credit Union is off the table. The credit unions announced Thursday that the deal did not receive a majority of votes from members to move forward.... Read More
Several trails at McCormick's Creek State Park are set to reopen Friday. Multiple trails at the Owen County park were closed last year after an EF-3 tornado caused severe damage to trees and various structures over a 282-acre area.... Read More
Evansville-based Shoe Carnival Inc. is reporting fiscal first quarter net income of $17.3 million, up from $16.5 million during the same period last year. CEO Mark Worden said he is encouraged by the results, which include a 6.7% increase in net sales.... Read More
The Indiana Recount Commission is moving forward with two recounts in state legislative races despite large margins of victory. The panel met for several hours Wednesday, deciding to release some ballots impounded in Elkhart and Hendricks counties.... Read More
Purdue University plans to move its motorsports engineering program to Speedway as part of a multiyear partnership with IndyCar manufacturing partner Dallara.... Read More
Purdue University plans to partner with Elanco Animal Health to develop a shared-use facility on three acres near the future Elanco global headquarters on the west edge of the White River in Indianapolis, state and company officials announced Thursday.... Read More
The study was chosen as it aligns with the office's mission to develop comprehensive energy planning and policy development that's diverse, affordable and sustainable in the future. ... Read More
