Evansville-based Shoe Carnival Inc. (Nasdaq: SCVL) is reporting record fourth quarter net income of nearly $21 million, compared to $7.4 million during the same period a year ago. The footwear retailer says net sales grew 23% during the quarter.... Read More
Officials throughout the state are having to reevaluate some of the projects in their Regional Economic Acceleration and Development Initiative plans. Our partners at the Indianapolis Business Journal report specific requirements in the federal funding for the READI program may make some projects ineligible.... Read More
Indianapolis-based 16 Tech Community Corp. has selected Emily Krueger as its next president and chief executive officer. Krueger has served as the nonprofit's chief operating officer since 2018 and will succeed Bob Coy, who is retiring next month.... Read More
A major study from the Department of Veterans Affairs recommends closing the Fort Wayne hospital and keeping only an outpatient clinic here.... Read More
A utility in southwest Indiana said Tuesday it will suspend customer disconnections through May 31 following an outcry over high gas bills over the winter.... Read More
Franklin College is the recipient of a $500,000 estate commitment from longtime Franklin resident and photography business owner Phil Smith. The funding will establish the Phil Smith Engaged Learning Fund.... Read More
For more than 30 years, Mark Legan has farmed in Putnam and Hendricks counties, growing about 2,100 acres of corn and soybeans and raising 2,200 sows. ... Read More
Eight Indiana companies are included in the third annual Inc. 5000 Regionals: Midwest list. The list ranks the fastest-growing companies in the 11-state region based on percentage revenue growth between 2018 and 2020.... Read More
A $30 million golf and entertainment space is expected to open this summer in downtown Indianapolis. Back 9 Golf & Entertainment says the facility will create up to 200 full-time and part-time jobs and feature a three-story golf range, restaurant and bar spaces, and a 550-person music pavilion.... Read More
Dallas-based mattress manufacturer Corsicana Mattress Co. will Wednesday open its 165,000-square-foot facility in La Porte. Corsicana announced plans in 2020 to invest nearly $9 million to lease and equip the manufacturing facility and create up to 350 jobs by the end of 2023.... Read More
Goshen Hospital is Wednesday celebrating the completion of its new four-story patient tower. The hospital says the tower includes private rooms and state-of-the-art infection control capabilities to minimize exposure to infection and enhance safety for patients and caregivers.... Read More
Fort Wayne-based Indiana Michigan Power is looking to add to its renewable energy portfolio. The utility has issued a Request for Proposals for facilities that will generate about 800 megawatts of wind energy and about 500 MW of solar power.... Read More
Basiloid Diversified Products plans to expand its facility in Knox County and create up to 16 jobs. Plans call for the lift truck attachment metal fabricator invest more than $1.5 million in the Bicknell location.... Read More
The Central Indiana Corporate Partnership Foundation in Indianapolis has received five grants totaling $34.6 million from Lilly Endowment Inc. The foundation says the funds will be used to support collaborative projects in Indiana’s agbiosciences, life sciences, advanced manufacturing and logistics and technology sectors.... Read More
The National Confectioners Association has announced its annual Sweets & Snacks Expo will return to Indianapolis after the city hosted the event in 2021. Beginning in 2024, the NCA will start a rotation of hosting the event at the Indiana Convention Center for two years, followed by one year at the Las Vegas Convention Center until 2032. ... Read More
The city of Mishawaka has reached a deal to acquire the former Dodge/RMG Foundry property that has been closed since 2006. The South Bend Tribune reports, if approved, the site would be cleaned up and primed for redevelopment.... Read More
The state has selected a site for a new state archives building as well as a co-located site for the Indiana School for the Deaf and the Indiana School for the Blind and Visually Impaired. Governor Eric Holcomb's office says a total of $260 million has been approved for both projects.... Read More
Three Indiana-based companies are included in this year's list of the “World’s Most Ethical Companies" from the New York-based Ethisphere Institute. The list recognizes businesses "for their unwavering commitment to business integrity."... Read More
Planting season is right around the corner, and farmers in west central Indiana are feeling the impact of rising fuel costs.... Read More
IndyGo has been awarded $51 million in American Rescue Plan Act funds to assist with lost revenue from the COVID-19 pandemic. The organization says the grant will allow it to maintain its service, personnel, and cleaning and sanitation processes to protect against the spread of pathogens on its buses, while reducing funding gaps until revenue returns to pre-pandemic levels.... Read More
