Aeroponic seed pod startup receives $200K state grant

Heliponix LLC was awarded an Indiana Manufacturing Readiness Grant from by the Indiana Economic Development Corporation and administered by Conexus Indiana and the Next Level Manufacturing Institute. The grant is given to manufacturers to make capital investments and integrate new smart technologies.... Read More

NiSource reports Q2 earnings dip amid rate hike

Merrillville-based NiSource is reporting second quarter net income of of $39.9 million — a drop from the $53.2 million last year. The earnings report was released on the same day the utility announced an increase in electric rates will begin this month.... Read More

NIPSCO facing lawsuit from New York supplier

Merrillville-based NIPSCO is the subject of a lawsuit filed by New York-based Bolt Energy Services. In its complaint, Bolt alleges that NIPSCO terminated an agreement between the two without cause that would cost the company millions of dollars in lost profit.... Read More

New leaders to take helm at Thor subsidiaries

Elkhart-based Thor Industries named new leadership Tuesday at several of its operating companies. Ryan Juday will lead as president of KZ Recreational Vehicles in Shipshewana, while Kyle Kwasny is assuming the president position at Heartland RV in Elkhart. ... Read More

CivicLab launches new leadership academy

The program is year-long and aims to give participants experience in creating better "systemness-center strategies" to better serve people in the context of common social issues. CivicLab defines systemness as a quality where people think of themselves to be part of a larger system and work for the benefit of the system.... Read More

IEDC seeks incentive funds for $3.2B mystery project

The Indiana Economic Development Corp. is seeking $120 million in performance-based incentive funds for a company planning to invest about $3.2 billion in a new facility that will create 1,400 high-wage jobs, according to the State Budget Committee’s agenda.... Read More

Farmers cautiously optimistic over ag economy

Farmers aren't immune to the national economy anxiety flogging everyone from government officials to consumers to tech giants. However, the Purdue University/CME Group Ag Economy Barometer found that farmers are relaxing a smidge and feeling cautiously optimistic about the state and future of the country's agricultural economy. ... Read More

Spinal cord research group moving HQ to Carmel

A Las Vegas-based not-for-profit founded by former IndyCar driver Sam Schmidt is planning to relocate its headquarters to Carmel. Conquer Paralysis Now said it will spend $21.4 million to purchase, renovate and equip the former Five Seasons Family Sports Club.... Read More

Landmark Recovery to furlough employees

Landmark Recovery is planning to implement a 30-day employee furlough this week. Our partners at WPTA-TV report the decision comes after the Indiana Division of Mental Health and Addiction revoked the licenses for three of the company's Indiana locations.... Read More