Becknell planning 1.1 million-square-foot industrial building

An Indy-area development firm plans to build a 1.1 million-square-foot industrial building on farmland in southeastern Marion County. Carmel-based Becknell Industrial is under contract to acquire nearly 199 acres between two parcels along the southwest edge of Interstate 74 and west of Carroll Road.... Read More

Search begins for next Fort Wayne UNITED leader

Officials with Fort Wayne UNITED and Mayor Tom Henry have announced they are looking for a new executive director. The move follows the departure of the Iric Headley, who has accepted a position with Fort Wayne-based Surack Enterprises.... Read More

Indiana woodworking sector ranked nationally

Jasper-based MasterBrand Cabinets is the highest-ranked Hoosier company, coming in No. 3 overall. FDMC says the company generated an estimated $3.3 billion in 2022 sales volume. System-wide, it employs 14,000 people and operates 20 plants throughout the U.S. and Mexico. Five of the plants are in Indiana.... Read More

Fulton County student entrepreneurs pitch ideas

The Fulton Economic Development Corp. in Rochester has announced the winners of its fourth annual First Pitch event. The competition featured five teams of students pitching their business ideas to win a total of $1,500 in cash prizes for further development.... Read More

Radius Indiana launches new economic development effort

Regional economic development organization Radius Indiana has launched a new educational program to help communities in the eight county region to take steps to fill vacant storefronts in downtowns and create new business opportunities. Spark Downtown is an offshoot of a similar national economic development program, called ReCast Cities.... Read More

Horizon Bank misses SEC deadline

Michigan City-based Horizon Bancorp Inc. (Nasdaq: HBNC) says it received a letter from the Nasdaq Stock Market after failing to file an annual year-end report to the U.S. Securities and Exchange Commission by the March 1 deadline. Horizon says the notice has “no immediate effect” on the company’s listing on the exchange.... Read More

Indiana First region updates READI projects

Officials from the Indiana First READI Region have provided updates on nearly two dozen economic development projects receiving READI funding. The region said Friday its $15 million allocation will leverage about $153 million in additional investment.... Read More