OrthoPediatrics hits record revenue for 2023

Warsaw-based OrthoPediatrics is reporting a full-year net loss of $21 million in 2023, compared to net income of $1.3 million the previous year. Despite the drop, the company reported a 22% increase in revenue, leading to a record $149 million for the year.... Read More

INDOT awards funding for infrastructure projects

More than $150 million in federal funding has been awarded to 51 rural communities in Indiana for road and bridge improvements and sidewalk projects, the Indiana Department of Transportation announced Wednesday. Nearly $90.3 million of the...... Read More

Northeast Indiana overhead door companies to merge

Ashley-based Bradley Overhead Door and Auburn Door are merging, the companies announced Tuesday, in a move their owner says positions them both for success. The company will continue under the Bradley name with updated branding and a new website.... Read More

MJ Companies appoints Brian Stoll as new CFO

Indianapolis-based MJ Companies has appointed Brian Stoll as its new chief financial officer, the company announced this week. Stoll comes to the financial services firm after 20 years as CFO of Fox Restaurant Concepts in Phoenix, Arizona. ... Read More

Quarterly profit falls for Thor

Elkhart-based Thor Industries Inc. is reporting fiscal second quarter net income of $7.2 million, down from $27 million during the same period last year. CEO Bob Martin attributed the drop to seasonally lower retail demand and cautious dealer sentiment.... Read More

Huntington launches student-managed investment fund

Huntington University has received a gift to establish an investment fund in which business students can obtain real-world financial management experience. The gift from the estate of Huntington businessman J.T. Brennan will establish the Forester Acorn Fund.... Read More

Elkhart’s Patrick Industries names new CFO

Elkhart-based Patrick Industries Inc., on Tuesday announced that Andy Roeder has been appointed executive vice president of finance, chief financial officer and treasurer. Roeder has served as CFO of Minneapolis-based Polaris Boats since 2018.... Read More