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

Governor’s Workplace Safety Award winners revealed

The Indiana Department of Labor has revealed the winners of the 2024 Governor's Workplace Safety Awards. The awards "provide recognition for companies based on best practices for eliminating workplace injuries and illnesses, and salute employers who...... Read More

Valpo mulling over academic program cuts

Valparaiso University is considering discontinuing nearly 30 academic programs, according to a memo sent to faculty last week. Provost and Executive Vice President for Academic Affairs Eric Johnson cited low current enrollment as a key reason for the move.... Read More

Sugar maker to move HQ to former Gary casino site

Gary-based Indiana Sugars is planning a multi-phased development that will include a new headquarters, manufacturing and warehouse facilities at the site of the former Majestic Star Hotel and Casino. The entire project is expected to take 10 years to complete.... Read More

Senate moves foreign ownership of farmland bill despite concerns

As a bill protecting farmland from foreign adversaries heads to the finish line, economic development concerns are cropping up at the last minute. Senate sponsors on Monday pushed back against exemptions for a specific agricultural project in northern Indiana, noting that 11 Chinese companies are currently seeking projects within Indiana.... Read More