Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) plans to invest $2.2 billion to build a recycled aluminum flat rolled mill, as well as two supporting satellite recycled aluminum slab centers, the company announced Monday. The steelmaker says when fully operational, the facility will have the capacity to produce 650,000 tons of finished products annually.... Read More
A former Indiana University provost and law school dean is calling for a disciplinary investigation of Indiana Attorney General Todd Rokita.... Read More
Twenty-two Hoosier businesses have been selected for the inaugural cohort of the Hoosier Business in Action program launched by the Indiana Office of Chief Equity, Inclusion and Opportunity... Read More
The Indiana Department of Transportation says a project to improve traffic flow and safety along Indiana’s busiest interstate corridor, I-80/I-94, is moving to the next phase. 80/94 FlexRoad will develop solutions for the I-80/I-94 corridor, including strategies to reduce travel time, increase reliability and improve safety.... Read More
Indianapolis-based Sagamore Institute has selected former Indiana Commissioner for Higher Education Teresa Lubbers as its next president. The institute says its founding president, Jay Hein, will become its first chief executive officer.... Read More
The operator of the River Ridge Commerce Center has approved an agreement with the city of Jeffersonville for the distribution of $12 million to support the expansion of a wastewater treatment plant.... Read More
The city of Bloomington is planning to purchase a 64,000-square-foot section of the Showers Building. The city says the space could house the Police Department and Fire Department administration offices together, centrally located as part of City Hall.... Read More
Ten teams will square off Tuesday in a pitch competition as part of the AgriNovus Indiana HungerTech challenge.... Read More
A subsidiary of West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) has reached a settlement with the U.S. Department of Justice and the U.S. Department of Agriculture, the company announced Monday. The settlement involves an investigation into a Virginia dog breeding facility operated by Indianapolis-based Envigo RMS, which was accused of violating animal welfare laws.... Read More
Indiana’s sales tax on gasoline will actually rise slightly starting Aug. 1 even though pump prices have dropped more than 11% from a month ago.... Read More
Indiana is set to receive up to $99.1 million in federal funding to expand access to and increase capital for entrepreneurs, startups and small businesses. The Indiana Economic Development Corp. announced Monday the state is one of the first 14 to be approved by the U.S. Department of Treasury for the State Small Business Credit Initiative.... Read More
Asher Agency, an advertising firm with offices in Fort Wayne and Indianapolis, has changed ownership. President Kara Kelley, Chief Financial Officer Megan Bennett, and Ash Crest Corp. have purchased the agency from Eastport Holdings.... Read More
Animal welfare not-for-profit IndyHumane has named a new CEO four months after its former leader exited without explanation.... Read More
The Terre Haute Children's Museum is looking into the possibility of an outdoor expansion. Our partners at WTHI-TV report the museum is using READI grant funding for a feasibility study to explore the potential scope of the project.... Read More
A new study co-authored by an associate professor at the Indiana University Kelley School of Business, says a provision of the Tax Cuts and Jobs Act of 2017 did little to effect CEO pay. The legislation repealed a nearly 30-year-old exemption that allowed companies to deduct performance-based pay for executives, with the idea that companies would move away from performance pay to cash-based fixed compensation. ... Read More
Bloomington-based tech startup Prospect XR has received a $20,000 investment from Elevate Ventures Community Ideation Fund.... Read More
The Indiana Economic Development Corp. has named Salena Scardina its executive vice president of external engagement. Previously, Scardina served as chief customer success officer for Herff Jones in Indianapolis, a provider of graduation and educational products and services.... Read More
Huntington GOP Rep. Dan Leonard is one of 17 lawmakers casting votes during Indiana’s upcoming special legislative session who will not return to the Statehouse in 2023.... Read More
Dr. Julia Vaizer will become the first female medical chief for IndyCar and Indianapolis Motor Speedway when she takes over next season.... Read More
It has been a record-setting 18 months for the city of Noblesville, with more than $1 billion in private capital investment commitments for a range of economic development projects. And Mayor Chris Jensen see no signs of things slowing down, predicting the state’s 10th largest city is on track to double its population. ... Read More
