A business incubator operating out of a historic theater in Vincennes is continuing to see growth. Our partners at WTHI-TV report after a year and half, The Pantheon is nearly at full capacity and seeing continuous use of its meeting space from members of the community.... Read More
The city of Anderson and the Flagship Enterprise Center board are making plans to purchase the Flagship Enterprise Center building that is currently owned by Anderson University for nearly $7 million. Our partners at The Herald Bulletin report the center was created in 2003 through a partnership between the city and the university to encourage entrepreneurship through a business incubator center.... Read More
The Indiana High School Athletic Association Inc. is adding girls wrestling and boys volleyball to its new emerging sport process. The IHSAA's board of directors unanimously voted to add the sports during its annual review of the by-laws in Indianapolis, making the two sports the first to earn the designation.... Read More
The Aspire Economic Development + Chamber Alliance is creating an education-industry partnership to support the workforce pipeline in Johnson County. The organization says the initiative is designed to further develop a "school-to-career" labor pool.... Read More
Atlanta-based SageHome Inc. has acquired New Bath Today Inc., a bathroom renovation specialist located in Indianapolis. SageHome, which designs senior living spaces, says it partnered with Cairngorm Capital Partners LLP on the acquisition.... Read More
Columbus-based Cummins Inc. (NYSE: CMI) is reporting first quarter net income of $418 million, compared to $603 million during the same period last year. The company says the results include costs of nearly $160 million related to the suspension of operations at its facility in Russia.... Read More
Indianapolis-based ProTeam Tactical Performance has unveiled a platform to support the mental health efforts of police and fire departments. The company, co-founded by former Indianapolis Colts quarterback Jim Sorgi and former St. Louis Cardinals right fielder Joey Vandever, says SHIELD allows departments to take a proactive approach to behavioral health. ... Read More
West Lafayette-based Novilytic LLC has completed a $1.6 million seed round with support from the Purdue Foundry and Elevate Ventures. The biochemistry analytics company, which is headquartered at the Purdue Research Park, says it protects and secures lifesaving drugs through the use of nanotechnology.... Read More
Fishers-based technology company HubStaff tops the inaugural list of “Best Fully Remote Places to Work."... Read More
Fort Wayne-based Premier Truck Rental is expanding its headquarters near Fort Wayne International Airport. The company says it will invest nearly $5 million to add warehouse and office space and create up to 65 jobs by the end of 2025.... Read More
Farmer sentiment on the agricultural economy ticked higher in April, but farmers are still showing less confidence than last year. The monthly Purdue University/CME Group Ag Economy Barometer improved eight points in April, however it remains 32% below its reading April 2021.... Read More
Volunteers of America Ohio & Indiana has announced plans to build and operate a certified community-based recovery housing facility for women with young children on the west side of Indianapolis. The nonprofit says the development will be the first recovery residence of its kind in the state.... Read More
Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) is reporting first quarter net income of $73 million, down from $193.4 million during the same period last year. Chief Executive Officer Bryan Hanson says the results are better than expected, driven by COVID recovery.... Read More
Chicago-based ActiveCampaign, which has a large and growing office in Indianapolis, continues to expand its reach. ... Read More
A New Albany-based medical technology company is gaining market traction and disrupting the specialty medications sector... Read More
A Switzerland-based logistics company is detailing plans to lay off more than a dozen employees in central Indiana. In a notice to the state, Kuehne+Nagel Inc. says it will cease operations for Rolls-Royce Corp. at its facility in Plainfield.... Read More
An Elkhart County judge has ordered the Chicago-based real estate investors who purchased Concord Mall in Elkhart return the keys to the mall to a court-appointed receiver. The Elkhart Truth reports the owners of Ton Real Estate Investments X LLC could face additional sanctions. ... Read More
Imagination Station in Lafayette is planning to reopen. The Journal & Courier reports the children's science center was closed for more than two years because of the pandemic.... Read More
The Indiana Economic Development Corp. is recognizing eight Hoosier small businesses as a part of Small Business Week in Indiana. The IEDC says the awards honor the entrepreneurs’ and small businesses’ achievements and contributions to grow Indiana’s economy and strengthen communities across the state.... Read More
Warsaw-based nonprofit OrthoWorx and the Orthopedics Capital Foundation have received a three-year grant from Lilly Endowment Inc. in Indianapolis to support efforts that promote the city of Warsaw and its "industry cluster" as the Orthopedic Capital of the World. OrthoWorx says the funding could total as much as $2.3 million during the three-year grant period.... Read More
