Solar energy powers water plant

Greenwood-based Indiana American Water Company and Gary officials have cut the ribbon on a solar array that will power the utility’s northwest Indiana distribution center in the city. The company, a subsidiary of American Water Co. (NYSE: AWK), says the $600,000 solar project will provide enough power to meet the energy needs of the facility.... Read More

Indy Neighborhood Housing Partnership names new CEO

The Indianapolis Neighborhood Housing Partnership has named Gina Miller president and chief executive officer. Miller, who has been the chief operating officer and chief financial officer for United Way of Central Indiana for nearly a decade, succeeds Moira Carlstedt.... Read More

Bloomington seeks control of convention center

The city of Bloomington is proposing a plan to take over ownership and operation of the Monroe Convention Center and to pay for an expansion of the venue. City leaders have submitted a proposal to the Monroe County Board of Commissioners and will present the idea Tuesday during the Monroe County Council meeting.... Read More

Cyber risk management startup lands second seed round

An Indianapolis-based cyber risk management and insurance startup has closed on its second round of seed funding. Trava Security Inc. says it will use the $4.5 million investment to further grow its cybersecurity software platform, as well as its sales and marketing departments and cyber risk insurance division.... Read More

SkyWater project critical in microelectronics push

SkyWater Technology Inc.’s plan for a $1.8 billion semiconductor production facility at Purdue University isn’t as flashy as chip-related announcements in other states, but economic development and microelectronics experts say the SkyWater deal is nonetheless a critical step in Indiana’s efforts to become a player in microelectronics.... Read More

Gahl: Indy tourism business back on track

Tourism officials say Indianapolis’ $5 billion convention and tourism sector, decimated by the pandemic, is on path to be fully recovered by the end of the year, a full year earlier than previous forecasts.... Read More

Lilly reacts to passage of abortion bill

Indianapolis-based Eli Lilly and Co. (NYSE: LLY) plans to look outside Indiana for future expansion projects as a result of the passage of Senate Bill 1, the company announced Saturday. Governor Eric Holcomb signed the bill into law Friday, making Indiana the first state to enact an abortion restriction law after the U.S. Supreme Court overturned Roe v. Wade.... Read More

Higher ed mental health consortium names director

The MINDful College Connections program has its first executive director. Dr. Curtis Wiseley will lead the consortium, which is a collaboration among Rose-Hulman Institute of Technology, DePauw University, and Saint Mary-of-the-Woods College to address the mental health needs of students.... Read More

Kimball Electronics reports dip in annual profit

Jasper-based Kimball Electronics Inc. (Nasdaq: KE) is reporting fiscal full-year net income of $31.3 million, compared to $56.8 million in 2021. Despite the drop, Chief Executive Officer Donald Charron says the company had a strong second half of the year, which resulted in record annual revenue levels.... Read More

Purdue Fort Wayne earns top marks

Purdue University Fort Wayne has been recognized as one of the best universities in the country by the National Council on Teacher Quality in preparing future elementary educators to teach math.... Read More

Health tech company lands funding from IU

A California-based healthcare venture founded by an Indiana University alumnus is getting a funding boost from his alma mater. The IU Angel Network and the IU Philanthropic Venture Fund have awarded a total of $450,000 to inTandem Health, which has developed a peer support tech platform.... Read More

Meridiam to bring broadband to three Indiana cities

Paris-based infrastructure company Meridiam is working with the cities of Bloomington, Columbus and Shelbyville to build fiber broadband infrastructure in each city. The company says the Hoosier Network Fiber Project has received approval from each municipality for construction of a fiber network that third-party internet service providers can tap into.... Read More

Indiana planning first opioid settlement payout

Indiana received the first payment from its share of a national, $26 billion settlement with opioid manufacturers and distributors in mid-July, and expects to receive two more this year. Local governments could see their first payments this year.... Read More

IEA reports Q2 gains

Indianapolis-based Infrastructure and Energy Alternatives Inc. (Nasdaq: IEA) is reporting second quarter net income of $17 million, up from $4.7 million during the same period last year. Last month, the company entered into an agreement to be acquired by Florida-based infrastructure construction company MasTec Inc. (NYSE: MTZ) in a deal valued at $1.1 billion.... Read More