News

Lucas Oil Stadium hosting job fair

A game day job fair is being held Saturday at Lucas Oil Stadium. Applicants are wanted for a variety of open hourly positions, including concessions, ticket office staff and security.... Read More

Botteron: ESN move creates ‘strategic opportunity’

The chief operating officer and chief financial officer of the Central Indiana Corporate Partnership says Thursday's announcement that Indianapolis-based Energy Systems Network is merging with the Battery Innovation Center in Newberry is a strategic opportunity to further an already strong relationship. ... Read More

New property manager named for Electric Works

Washington D.C.-based Carr Workplaces announced Thursday it has taken over as property manager for the Electric Works mixed-use innovation district in Fort Wayne. The company, which operates coworking spaces throughout the country, says it will oversee the entire 10-building campus at the former General Electric site near the city's downtown.... Read More

NIPSCO to raise natural gas rates beginning in September

The Indiana Utility Regulatory Commission has given approval for Merrillville-based Northern Indiana Public Service Co. to increase its natural gas rates in a two-step process beginning in September. The utility says the average residential customer will see an expected overall increase of about $6 per month.... Read More

Evansville region awards $14.6M in READI funds

The Southwest Indiana Regional Development Authority is awarding $14.6 million in Regional Economic + Acceleration Development Initiative funds toward five projects. The organization says the regional projects align with the community goals outlined in the Evansville Region’s plan.... Read More

Congress sends semiconductor bill to president

The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, namely China.... Read More

Brownsburg touts record economic investment

The town of Brownsburg says it continues to see a strong business climate. For the first half of the year, the town says businesses have committed more than $200 million in capital investments in the town, a 33% increase compared to last year.... Read More

Patrick Industries reports second quarter profit

Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) is reporting second quarter net income of $117 million, up 98% from $59 million during the same period last year. President Jeff Rodino says the company benefitted from its capital expenditures, which totaled more than $100 million over the last 18 months.... Read More

Energy Systems Network to merge with Battery Innovation Center

Indianapolis-based Energy Systems Network, the advanced energy technology and transportation initiative of the Central Indiana Corporate Partnership, will merge with the Battery Innovation Center in Newberry, the CICP announced Thursday. The partnership says the merger will create "a number of synergies and efficiencies" between the two organizations.... Read More

Horizon Bank Sign

Horizon Bank reports record Q2 profit

Michigan City-based Horizon Bancorp Inc. (Nasdaq: HNBC) is reporting record second quarter net income of $24.9 million, compared to $22.2 million during the same period last year. Chief Executive Officer Craig Dwight says the results can be attributed to strong loan growth and the higher interest rate environment.... Read More

Rose-Hulman expects strong incoming class

Rose-Hulman Institute of Technology is estimating that it will see more than 600 first-year students this fall. The school says continued strong student recruitment is expected to lead to the second consecutive year of more than 600 incoming students and the third time in the school's history.... Read More

Kokomo receives EDA grant

The U.S. Department of Commerce's Economic Development Administration has awarded the city of Kokomo $1 million for infrastructure upgrades. The EDA says the funding from the American Rescue Plan Act will be used to mitigate flooding in the downtown area adjacent to Kokomo Speedway.... Read More

Republic Airways expands LIFT Academy

Indianapolis-based Republic Airways has announced plans to expand its Leadership in Flight Training (LIFT) Academy to Myrtle Beach, South Carolina. The airline launched the program in Indy in 2018.... Read More