Tech Castings Expanding in Hancock County

A manufacturer in Hancock County is growing its operations. Tech Castings LLC, which makes superalloy investment castings for the aerospace, manufacturing, and medical industries, says it will invest $4.5 million to expand its facility in the town of Shirley and add up to 20 jobs.... Read More

Indiana Unemployment Hits 21-Year Low

Indiana's unemployment rate fell to 3% in November, down from 3.3% the previous month. The Indiana Department of Workforce Development says the last time the state had an unemployment rate this low was November 2000.... Read More

Proposed London-to-Indy Flight Scrapped

A proposed flight between Indianapolis and London will not launch in 2022. Our partners at the Indianapolis Business Journal report British Airways confirmed the decision, though Indy could still be considered as a destination in the future.... Read More

Shindigz to Pay Workers Through End of Year

One day after it announced a temporary suspension of operations, party supply company “Shindigz” says its employees will receive their “full pay through the end of the year” via a philanthropic gift, and said it is accepting new orders that would be processed in January.... Read More

Eleven Fifty Lands Grant to Fund Satellite Campuses

Indiana University Health is awarding $4.3 million to organizations throughout the state in an effort to boost housing and training needs among Hoosiers. One of those awards is a three-year, $1 million grant to Indianapolis-based Eleven Fifty Academy to open satellite campuses in 10 counties, including a location at the Fusion 54 coworking space in Crawfordsville.... Read More

Holcomb Announces Indianapolis Air Show

The Crossroads of America Council of Boy Scouts of America will host the new Crossroads Air Show in 2023. The organization says the event, which will take place at the Indianapolis Regional Airport, will feature a demonstration from the U.S. Navy Blue Angels.... Read More

Allen County Touts Record Building Permits

The Allen County Building Department says the number of building permits issued in 2021 far surpassed past records. The county says residential and commercial permits represented more than $2 billion in construction value, up from the previous record of $1.6 billion in 2019.... Read More

Kroger Expands in Indy, Adds Delivery Service

Kroger Co. (NYSE: KR) is expanding its fulfillment network with a new Indianapolis facility and delivery service. Kroger says the 48,000-square-foot facility will collaborate with its hub in Monroe, Ohio to connect customers with food, and will create up to 150 jobs.... Read More

I&M Awards Economic Development Grants

Fort Wayne-based Indiana Michigan Power has awarded $215,000 in economic development grants to seven organizations in its service territory. The grants were given to economic development organizations serving St. Joseph, Adams, Noble, Delaware, Allen and Elkhart counties, as well as Berrien County in Michigan.... Read More

Low: FDA Approval Could Be Revolutionary for Cancer Surgery

The founder of West Lafayette-based On Target Laboratories Inc. says the recent approval from the U.S. Food and Drug Administration for the company's imaging drug Cytalux brings "a whole rainbow of emotions." Cytalux uses fluorescent technology to help surgeons spot ovarian cancer tumors. ... Read More

Kokomo Engine Plant Revamp Nearly Complete

Stellantis is nearing completion of a $400 million revamp of a once-idled transmission plant in Kokomo. However, the Kokomo Tribune reports the facility, which will be known as the Kokomo Engine Plant, may not be fully operational by the end of the year as originally planned.... Read More