Muncie-based First Merchants Corp. (Nasdaq: FRME) is reporting second quarter net income of $38.5 million, compared to $55.6 million during the same period last year. The bank says the results included acquisition costs of nearly $30 million from its merger with Level One Bancorp LLC in Michigan.... Read More
Anderson native Carl Erskine is the subject of a new documentary that highlights not only the baseball legend's career but also his embrace of the virtues of diversity and inclusion long before they became part of the American consciousness.... Read More
Ontario-based Skjodt-Barrett Contract Packaging LLC says it will invest $58 million to double its manufacturing footprint in Boone County.... Read More
Evansville-based Old National Bancorp (Nasdaq: ONB) has selected Rafael Sanchez for the newly-created position of chief impact officer, the bank announced Tuesday. Sanchez, who also serves as the bank's Indianapolis market president, is tasked with focusing on the financial advancement of underrepresented communities. ... Read More
The owner of Lafayette Square Mall told IBJ this week he’s already spent about $50 million as part of an effort to revamp the property and the surrounding neighborhood.... Read More
Construction will soon get underway on a four-story building that will house 27 luxury condominiums within eyeshot of the University of Notre Dame... Read More
Fort Wayne-based Franklin Electric Co. Inc. (Nasdaq: FELE) is reporting record second quarter net income of $59.8 million, up from $39.4 million during the same period last year. Chief Executive Officer Gregg Sengstack says the company saw growth and strong demand across its three business segments, which includes water systems, distribution, and fueling systems.... Read More
Ivy Tech Community College Columbus and Leadership in Flight Training Academy in Indianapolis are partnering to offer a Professional Flight Associate of Applied Science degree. The program, which will combine 32 credit hours of Ivy Tech classroom time with nearly 260 flight hours, is expected to begin in October.... Read More
Fort Wayne-based Riverside Mfg LLC is divesting its Faria Watchdog Vessel Monitoring Systems product line to MA Woods Hole Group Inc.... Read More
Five Indiana hospitals have been designated among the best in the state as part of U.S. News & World Report's annual Best Hospitals ranking. The publication ranks hospitals on a state-by-state basis among several specialty categories, including cancer, cardiology & heart surgery, and orthopedics.... Read More
A familiar name in marquee sign production in northern Indiana is rebranding, following an ownership change.... Read More
The Boone County Board of Commissioners says progress is being made on broadband upgrades throughout the county. The project, which is part of Indiana’s Next Level Connections Grant Program, includes about $2 million in grants for upgrades to broadband infrastructure.... Read More
Warsaw-based Lakeland Financial Corp. (Nasdaq: LKFN) is reporting record secord quarter net income of $25.7 million, compared to $24.3 million during the same period last year. Lakeland Chief Executive Officer David Findlay says the results reflect the bank's disciplined and consistent track record of strong operating performance.... Read More
Vice President Kamala Harris stopped in Indianapolis Monday as part what of what appears to be a more aggressive and personal campaign for abortion rights and an effort to elevate Democratic lawmakers in red states as they oppose proposed abortion bans.... Read More
The University of Notre Dame is planning to transition to a cashless retail environment for the upcoming school year and beyond. The change will affect transactions at Notre Dame food service locations, dining halls, concession stands and St. Michael’s Laundry, as well as dining services at Saint Mary’s College and Holy Cross College where the university manages operations.... Read More
A joint venture between the Central Indiana Corporate Partnership and the Indy Chamber is launching a pilot program to help businesses take action to address inequity in the workforce. Business Equity for Indy says the Workforce Pilot will provide companies with evidence-based strategies to reduce disparities, drive equity and support their business competitiveness. ... Read More
A former U.S. congressman from Indiana, technology company executives and an investment banker were among nine people charged in four separate and unrelated insider trading schemes revealed on Monday with the unsealing of indictments in New York City.... Read More
Michigan-based financial technology company Acrisure has acquired two Managed Service Providers: Catalyst Technology Group in Indianapolis and ITS Inc in Maine. Financial terms of the deal were not disclosed.... Read More
A new Indiana law strengthens previous bans on schools offering gifts or perks to parents in exchange for enrolling their students, but is it being enforced?... Read More
Indianapolis-based Infrastructure and Energy Alternatives Inc. (Nasdaq: IEA) has entered into an agreement to be acquired by MasTec Inc. ... Read More
