News

Indiana-based Cummins Inc. is investing $24 million into VoltStorage, a Munich, Germany-based startup focused on environmentally-friendly energy storage systems.... Read More

The city of Greencastle has been designated a Certified Gigabit City by Evansville-based Metronet. To become certified as a gigabit city, Metronet says a majority of households and businesses within a municipality must have access to Metronet’s symmetrical fiber optic internet speeds of at least 1 gigabit.... Read More

A new study from the American Hotel & Lodging Association says hotel room revenue and state and local tax revenues are projected to exceed 2019 levels by the end of the year. ... Read More

Steelworkers in northwest Indiana are getting more good news. Pittsburgh-based U.S. Steel (NYSE: X) says its employees, including those at the Gary Works plant and Midwest Plant in Portage, will take home bonus checks of up to $14,000 based on the company's record $1.1 billion in second-quarter earnings, according to our partners at The Times of Northwest Indiana. ... Read More

Indianapolis-based Aqua Indiana, a subsidiary of Essential Utilities Inc., has named Bob Ervin president of statewide operations. Ervin previously worked for Aqua Illinois for 24 years, including time as state president.... Read More

The AWS Foundation in Florida is awarding Welding Workforce Grants to 11 schools, including Central Nine Career Center in Greenwood. The foundation says the funding is being awarded to make improvements, invest in capital items such as welding or metalworking equipment, or purchase/upgrade computers or computer-based training systems.... Read More

Abortion clinics in Indiana are now in the crosshairs of the Indiana General Assembly and are likely to face a sharp drop-off in business if current legislation passes that would significantly restrict access to abortion.... Read More

Evansville-based CenterPoint Energy Indiana South is seeking approval from the Indiana Utility Regulatory Commission to acquire a 130-megawatt solar array. CenterPoint says it has entered into an agreement with Chicago-based Invenergy, which will construct the project in Pike County, to acquire the array when its completed.... Read More

This is week two of the Indiana General Assembly’s special session and once again the abortion bill debate will put a spotlight on Indiana. Over the weekend, the Indiana Senate narrowly voted to ban most abortion in the state and that bill now heads to the House and could make Indiana among the first in the nation to pass abortion restrictions since the U.S. Supreme Court overturned Roe vs. Wade. ... Read More

The Indiana State University Board of Trustees approved a plan on Friday to request $66 million to renovate and expand the more than 40-year-old Technology Annex Building on the Terre Haute campus. The funding would be considered as part of the state’s biennial budget in next year’s legislative session.... Read More

Hard Truth Distilling Co. is making some major additions to its Brown County operations. The distillery has begun construction on a second rack house that will be double the size of its current rack house and plans to add three, 5,000-gallon fermenters.... Read More

Noblesville-based RYZE Claim Solutions says it is providing a new “living wage” to its nationwide workforce. The company says its new starting wage will be $16 per hour, which is more than double the current federal and state minimum wages of $7.25 an hour.... Read More

A pair of developers on Friday morning announced a second phase for the Proscenium complex in Carmel, adding to its current mix of condos, apartments, office space and restaurants located a few blocks south of Carmel City Center.... Read More

Carmel-based Merchants Bancorp (Nasdaq: MBIN), the parent of Merchants Bank of Indiana, is reporting second quarter net income of $53.9 million, compared to $51.4 million during the same period last year. Chief Executive Officer Michael Petrie says the bank continued to successfully manage its capital, liquidity, and resources as it expanded its product reach.... Read More

The Indianapolis Motor Speedway announced Friday the IMSA WeatherTech SportsCar Championship will return to the track for the first time since 2014. ... Read More

Indiana small businesses were awarded $825 million in federal contracts from the U.S. Small Business Administration in the last fiscal year. The Fiscal Year 2021 Small Business Federal Procurement Scorecard indicates a record $154.2 billion was awarded to small businesses nationwide, an $8 billion increase compared to the previous year.... Read More

Officials in Terre Haute cut the ribbon this week on a new climate-controlled athletic medical building at the LaVern Gibson Championship Cross Country Course. The Terre Haute Convention and Visitors Bureau says the facility provides a comfortable space for athletes to be evaluated out of the elements by coaches, EMTs, trainers and medical personnel.... Read More

Kokomo-based Haynes International Inc. (Nasdaq: HAYN) is reporting fiscal third quarter net income of $15.6 million, compared to $0.4 million during the same period last year. The company says it has a record backlog of $338 million, up 124.1% year-over-year.... Read More

Indiana University Health is reevaluating the “scope, cost and timing” of its massive downtown medical campus, a $2.68 billion project that has been in the works for seven years.... Read More

House lawmakers accepted minor changes to their inflation relief and social services bill, tweaking programs designed to accommodate an anticipated increase in demand for government support following the anticipated passage of an abortion ban.... Read More