BKD to Merge With North Carolina Firm

A Missouri-based accounting firm with a major Indiana presence is merging with a firm in North Carolina. BKD CPAs & Advisors says the combination with DHG will create a top 10 national professional services firm with $1.4 billion in revenue.... Read More

Fishers Plans $100M Mixed-Use Project

A nearly $100 million mixed-use project is being planned in Fishers. Carmel-based CRG Residential says the development at 96th Street and Allisonville Road will include 380 apartments, 66 townhomes and 35,000 square feet of commercial retail space.... Read More

Ivy Tech Creates Entrepreneurship & Innovation School

Ivy Tech Community College has established a new School of Entrepreneurship & Innovation. Ivy Tech says the school was launched in partnership with Regional Innovation and Startup Education to offer an Entrepreneurship Certificate program that can be completed in two semesters.... Read More

Escalade Reports Flat Q4, Full-Year Results

Evansville-based sports and outdoor recreational equipment maker Escalade Inc. (Nasdaq: ESCA) is reporting fourth quarter net income of $4.9 million, down from $5.1 million during the same period in 2020. Chief Executive Officer Walter Glazer says the company's sales decline stems from supply chain challenges and is not a reflection of the demand for its brands.... Read More

‘Commerce Park’ Adds to Growing Economic Development in Brownsburg

Brownsburg's town manager says the planned 47-acre Commerce Park at Brownsburg Raceway project announced today is part of a concerted effort to boost economic development in the Hendricks County town. Terre Haute-based Garmong Development detailed plans for the park, located near Lucas Oil Indianapolis Raceway Park, which will have a focus on promoting R&D and manufacturing in the motorsports industry. ... Read More

Notre Dame FCU Buys Mission Management in Tucson

Notre Dame Federal Credit Union has acquired Mission Management & Trust Co. in Arizona. While financial terms of the deal were not disclosed, Notre Dame FCU President Tom Gryp says the acquisition will allow the credit union to offer more services to more community members.... Read More

Martin Garrix To Headline Indy 500 Snake Pit

The Indianapolis Motor Speedway has announced DJ and producer Martin Garrix will headline this year's Indy 500 Snake Pit concert on May 29. The lineup of electronic music artists set to perform during the 106th Indianapolis 500 include deadmau5, Galantis, Steve Aoki and Yellow Claw.... Read More

DOE Approves More Relief for ITT Students

The U.S. Department of Education has approved claims for 130 former nursing students who attended ITT Educational Services Inc., which was headquartered in Carmel and shut down in 2016. The department says ITT misled students about the accreditation of its associate degree in nursing program.... Read More

Planning Underway for Shoals Wastewater Project

The town of Shoals is planning to make upgrades to its decades-old wastewater system, situated across from the White River. Our partners at WTHI-TV report the $1.9 million project is being supported by the Office of Community and Rural Affairs, which is providing $700,000.... Read More

Indy Tech Startup Secures Seed Funding

Indianapolis-based Qualifi has closed on a $2.5 million seed round of funding. The startup, which has developed an on-demand screening platform for recruiting teams, says it will use the funding to further product development and expand go-to-market efforts.... Read More

Allison Reports Profit Growth

Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) is reporting full-year net income of $442 million, up from $299 million in 2020. Chief Executive Officer David Graziosi says net sales accelerated in the fourth quarter, driven by a strong recovery to pre-pandemic levels in the Outside North America On-Highway end market.... Read More

$100M Project Planned for Brownsburg

Terre Haute-based Garmong Development is detailing plans for what it calls a signature project in Brownsburg. The Commerce Park at Brownsburg Raceway is being developed on 47 acres near Lucas Oil Indianapolis Raceway Park and is designed to promote research & development and manufacturing for the autosports industry. ... Read More

Self-Sanitizing Changing Table Debuts in Indiana

An Indiana native is a co-founder of Pluie, a startup manufacturing what is described as the world's first self-sanitizing diaper changing table. Pluie uses UVC light to sanitize the changing surface after each use. The company has been installing the tables at locations throughout Indiana, including Conner Prairie in Fishers, the first museum in the country to use the product.... Read More

This Week on Inside INdiana Business with Gerry Dick 2/18/22

Top Story Mario Rodriguez, Executive Director, Indianapolis Airport Authority Indianapolis International Airport appears on the road to recovery. New numbers show Indy outpacing peer airports in the race to recovery from the pandemic. Airport Authority Executive Director Mario Rodriguez joins us to break down the numbers. Inside INnovation Brad Chambers, Indiana Secretary of CommerceDon Wettrick, […]... Read More

Profit Grows for KAR Global

Carmel-based KAR Global (NYSE: KAR) is reporting full-year net income of $66.5 million in 2021, up from $500,000 the previous year. The company says the results were driven in part by strong growth in its digital dealer-to-dealer businesses.... Read More

Groundbreaking Set for Woodburn, Grabill Projects

A multi-community groundbreaking event will be held Thursday in the city of Woodburn and the town of Grabill to celebrate the start of construction of downtown streetscape improvements. The projects are receiving funding as a result of the region’s 2018 Stellar Communities designation.... Read More

Indiana Senate Rolls Back Bill Limiting Worker Vaccine Rules

An Indiana Senate panel on Wednesday endorsed rolling back a proposal that aimed to severely limit workplace COVID-19 vaccine requirements, setting up potentially weeks of negotiations with House members on how far the Republican-led Legislature will go toward inserting itself on the issue.... Read More