Indianapolis-based Allison Transmission Inc. (NYSE: ALSN) is partnering with Xos Inc. (Nasdaq: XOS), a Los Angeles-based manufacturer of Class 5 through Class 8 battery-electric vehicles, to jointly develop heavy-duty Class 7 and 8 commercial electric vehicles. Allison says its eGen Power e-Axles will be integrated into Xos Class 7 and 8 100% battery-electric commercial vehicles.... Read More
An anonymous donor has given Indiana State University $1 million to create the President John Moore and Nancy Moore Bridge the Gap Endowed Scholarship. Moore, who served as the university's president from 1992 to 2000, died in March.... Read More
In the face of strong economic headwinds and supply chain issues, the recreational vehicle industry is registering double digit sales gains and that’s good news for northern Indiana, which produces nearly 90% of all RVs in the U.S. But Economic Development Corp. of Elkhart County Chief Executive Officer Chris Stager says rising gas prices could quickly change things. ... Read More
The U.S. Food and Drug Administration has approved a new drug from Eli Lilly and Co. (NYSE: LLY) to treat type 2 diabetes that is also shown to help with weight loss. The FDA says Mounjaro "was effective at improving blood sugar and was more effective than the other diabetes therapies with which it was compared in clinical studies."... Read More
Indiana once again beat the most recent revenue projections in April. The Indiana State Budget Agency says General Fund revenues last month totaled more than $3.3 billion, which was 17.5% higher than the December 2021 forecast and nearly 50% higher than the same month last year.... Read More
Paris-based infrastructure company Meridiam is planning to invest more than $50 million to bring high-speed internet access to every resident in the city of Bloomington. The city says Meridiam will build and operate an open-access-model fiber network that will provide net neutrality and digital equity opportunities.... Read More
Hancock County-based Jet Access Flight Training is launching a Pilot Development Program that it says will help offset the growing pilot shortage. Jet Access says it will sponsor the first certificate of flight training for 22 students who join its Advanced Commercial Track program at Columbus Municipal Airport.... Read More
Governor Eric Holcomb has appointed Whitney Ertel to serve as the new executive director of the Governor’s Workforce Cabinet. Ertel previously served as chief business officer and chief communications officer for the Department of Workforce Development.... Read More
The co-founder and CEO of Fishers-based AfterSchool HQ says the startup's recently-announced partnership with Indianapolis Public Schools is a chance to help students find their passion the same way he did. Through the partnership, parents of IPS students will be able to use the startup's online platform to find and register their kids for extracurricular activities. ... Read More
Shady Creek Winery in Michigan City will Saturday mark its grand reopening. The winery underwent a $2.5 million renovation that began in 2020 to boost production capacity and add amenities such as a new event center and rooftop patio.... Read More
Several Indiana cities, including three in the top 15, are included in SmartAsset's 2022 edition of the “Most Livable Small Cities in the U.S.” The financial planning website analyzed data on 286 cities with between 65,000 and 100,000 residents, using metrics such as proximity to entertainment venues, restaurants, bars and healthcare establishments.... Read More
Vincennes-based Skill Precast LLC is planning to build a new manufacturing site in Knox County. The company, which makes precast concrete wall panels and pole bases, says it will invest $2.2 million to construct the facility and create up to 15 jobs.... Read More
Birds on 18 commercial farms will be tested for avian influenza after nearly all of the birds in one hobby flock in Allen County died, the Indiana Board of Animal Health said Thursday.... Read More
Evansville-based Berry Global Group Inc. (NYSE: BERY) is boosting its efforts to reduce greenhouse gas emissions. The company says it has committed to reducing its Scope 3 greenhouse gas emissions 25% by 2025, after surpassing its initial goal of 8% four years ahead of schedule.... Read More
The city of Fishers and Fishers Parks will Saturday open the downtown portion of the Nickel Plate Trail, including a pedestrian tunnel beneath 116th Street. Over the last three years, the city has been developing and building the 3.8-mile multi-use trail.... Read More
AT&T has announced a $4.4 million project to bring a fiber network to more than 4,000 locations in Boonville. AT&T says the network is expected to be built within 18 months after a signed final agreement, and is contingent upon the city of Boonville funding the final contract. ... Read More
State ag officials led a tour through Elkhart County to examine its diverse dairy sector.... Read More
A manufacturer of pontoon and deck boats has broken ground on a $10 million expansion in Elkhart. Godfrey Marine says the expansion to its manufacturing facility will add more than 50 jobs over the next 18 months.... Read More
The Indiana Chamber of Commerce has released the rankings for its "2022 Best Places to Work in Indiana." The annual rankings, split into four categories, were determined through employer reports and comprehensive employee surveys.... Read More
West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) is reporting a fiscal second quarter net loss of $6.1 million, compared to a loss of $723,000 during the same period last year. The contract research organization says despite the drop, it recorded $140 million in revenue, a 646% increase.... Read More
