Kokomo-based Haynes International will soon be under new ownership. The manufacturer said Monday it has entered into an agreement to be acquired by North American Stainless, a Kentucky-based stainless steel producer, in a deal valued at $970 million.... Read More
The city of Hammond is looking to completely overhaul its downtown with the goal of making it a go-to destination instead of another drive-through city in Lake County. Hammond leaders have been working for years with urban design firm Speck Dempsey on...... Read More
A new terminal at the Purdue University Airport will be named after the first female aviator to fly alone across the Atlantic Ocean who was also a Purdue instructor. The naming of the Amelia Earhart Terminal was confirmed by trustees Friday.... Read More
The NBA All-Star Game is still two weeks away, but commercial real estate brokers have been busy taking calls, showing spaces and girding for what might be the largest crowd of people downtown in a decade. Brokers are filling vacant retail spaces with...... Read More
The Evansville Regional Economic Partnership, or E-REP, has selected Pittsburgh-based Fourth Economy as a consultant to guide the development of a new Comprehensive Economic Development Strategy for southwest Indiana.... Read More
Indianapolis-based Private Label Caskets plans to open its 11th warehouse later this month in Salt Lake City, Utah. The company, a subsidiary of Buchanan Group, is investing more than $2 million in the facility, expanding its nationwide footprint.... Read More
The goal of the program is to reduce barriers so to provide exposure to customers and business-to-business clients.... Read More
The economic development organization for west central Indiana is using a $10 million allocation to continue its effort to increase housing development in the region. Thrive West Central launched a pilot of its Homes for the Future initiative last year.... Read More
A subsidiary of Wabash-based not-for-profit Josiah White’s is set to close its doors. Compass Rose Academy, which provides services for teen girls and families in crisis, said Thursday it will halt all programming and services due to financial struggles.... Read More
The deal would merge Zapata with Andretti Acquisition Corp., a special purpose acquisition company that launched in 2022. (A SPAC is a shell company formed with the intent of acquiring another company and taking it public.)... Read More
The northwest Indiana city of Whiting is being inducted into White Castle's Cravers Hall of Fame, marking the first time an entire city has received the honor. This year's inductees also include an 85-year-old man from Columbus.... Read More
The supplemental agreement spans three years and touches on immediate wage increases, vision coverage, seniority for overtime and charters and hourly guarantees. ... Read More
The Indiana Senate on Thursday approved a bill forcing the state’s economic development entity to disclose large land buys. It was a slap on the wrist for the Indiana Economic Development Corp., whose land, water and incentive plans have generated increasing skepticism and scrutiny.... Read More
The board of directors for One Southern Indiana has selected Lance Allison as the organization's next president and CEO. Allison currently serves as director of business development for Bacon Farmer Workman Engineering & Testing in Paducah, Kentucky.... Read More
A farmer and entrepreneur in a small Carroll County town is working to transform a 115-year-old opera house into a tech hub benefitting the entire community. Neil Mylet and his team have been working for the last four years to salvage the Camden Opera House.... Read More
The growth initiative for Indiana's technology sector says the state is poised to take advantage of an expected upturn in venture capital activity in 2024. TechPoint on Thursday released its 2023 Indiana Tech Venture Report, which showed that the...... Read More
he tech center will be both a space accommodating to startups graduating from that term and remote workers to use as a coworking space. East said it’s an office space the city doesn’t have elsewhere.... Read More
Calumet Specialty Products Partners LP has signed a lease for 52,000 square feet across three buildings on The Stutz campus at 1060 N. Capitol Ave. It plans to move the 200 employees from the company’s current west-side home to the new offices.... Read More
BP’s sprawling oil refinery in northwest Indiana was hit Thursday by a power outage that prompted the company to shut it down and evacuate workers, authorities said.... Read More
An Indiana University associate professor has been awarded a nearly $1 million Defense Department grant to install an environmental chamber capable of reaching minus 40 degrees Celsius so that he can study how extreme weather affects humans.... Read More
