The University of Notre Dame has received a $20 million gift from Douglas and Diana Berthiaume of Massachusetts. Notre Dame says the gift will endow the newly established Berthiaume Institute for Precision Health, which develops new tools to study variations in humans at the molecular and cellular levels.... Read More
Rolls-Royce North America Chairman and Chief Executive Officer Tom Bell believes companies are generally embracing the idea of green manufacturing, reducing their carbon footprint, and adopting sustainability goals. However, Bell says there is a distinction between those that are giving “lip service because it's the acceptable, expected thing to do,” and those that are really investing in it.... Read More
The United Kingdom this morning signed a Memorandum of Understanding with the state of Indiana, its first-ever state level agreement, during the inaugural Global Economic Summit in Indianapolis. The MOU creates a framework to remove barriers to trade and investment, paving the way for UK and Indiana businesses to invest, export, expand and create jobs in a variety of areas such as aerospace, life sciences, and automotive.... Read More
The Florida-based operator of Gary Community School Corp. will continue to manage the district for the next two years. Our partners at The Times of Northwest Indiana report MGT Consulting received a unanimous vote Thursday from the Distressed Unit Appeals Board.... Read More
The chief executive officer of Pittsburgh-based U.S. Steel Corp. (NYSE: X) visited the Gary Works facility Thursday as the steelmaker begins construction on a $60 million pig iron caster. David Burritt says the project, expected to create 25 jobs, will improve the company's self-sufficiency.... Read More
INDYCAR will become the first North American racing series to use 100% renewable fuel in its race cars. Shell, which recently signed a five-year extension to be the fuel sponsor for the open-wheel series, announced plans Friday to switch to a low-carbon fuel in 2023.... Read More
Tim Durham, the Indianapolis businessman convicted of cheating investors out of more than $200 million, will return to a federal courtroom in the city next week, hoping to convince a judge to release him from prison.... Read More
Indianapolis Public Schools is planning a solar energy project that is estimated to save the district $45 million over the next 30 years. The IPS Board of School Commissioners on Thursday approved an agreement with Carmel-based Sun FundED to develop, finance and operate solar energy systems for the district under the firm’s “Solar-as-a-Service” program.... Read More
Paramount Schools of Excellence says it is opening new campuses in Lafayette and South Bend. Although building renovations are underway at the new campus sites, Paramount Schools says it has opened tutoring centers at Tippecanoe Mall and University Park Mall.... Read More
Developers of a $30 million golf and entertainment venue expect to open for business on July 1. Back 9 Golf & Entertainment says the 60,000-square-foot facility on the near southwest side of downtown Indianapolis feature a three-story golf range, restaurant and a 550-person music pavilion.... Read More
United Kingdom-based McLaren Racing on Thursday announced plans to invest more than $25 million to build a new INDYCAR facility in Whitestown. The company says the project will create up to 175 jobs by the end of 2025.... Read More
Gleaners Food Bank of Indiana has selected attorney Fred Glass as its next president and chief executive officer. Glass, a former athletic director at Indiana University, will succeed John Elliott, who is retiring at the end of September after six years in the role.... Read More
Frontier Airlines has added a new nonstop flight from Indianapolis International Airport to Raleigh-Durham International Airport. The airport says the seasonal nonstop flight will leave out of Indy on Thursdays and Sundays.... Read More
A federal appeals court has declined to disturb an Indiana Supreme Court ruling, later codified into Indiana law, which declared that Lake Michigan's shoreline is — and always has been — owned by the state for the public’s use.... Read More
Construction is underway on Green Oaks of Valparaiso, an affordable assisted lifestyle community. Illinois-based Gardant Management Solutions says the development will provide more than 60 part- and full-time jobs with an annual payroll of more than $2.2 million.... Read More
Elkhart-based Thor Industries Inc. (NYSE: THO) has released its 2022 U.S. Camper Perception Study. Thor says the study, which examines consumer RV purchase and usage behavior, indicates rising fuel costs will have minimal impact on consumers’ likelihood to purchase an RV in the next five years.... Read More
The new chief executive officer of the South Bend-Elkhart Regional Partnership says the organization continues to focus on collaboration throughout the region to boost talent attraction and retention, workforce development, and more. Bethany Hartley was appointed to the role earlier this month, succeeding Regina Emberton, who stepped down in February. ... Read More
Texas-based Guardian Bikes says it is building its first U.S. production facility in Seymour. The Jackson County Industrial Development Corp. says the bicycle manufacturing startup will invest nearly $7 million in the facility and create 100 jobs by 2026.... Read More
A Bloomington-based startup that wants to streamline the process for real estate developers to source construction materials has won the 2022 Crossroads Collegiate Pitch Competition.... Read More
The world's best and brightest business minds merge on Race Weekend in Indianapolis where the name of the game is technology, innovation and opportunity. We talk with Indiana Governor Eric Holcomb about the Indiana Global Economic Summit.... Read More
