Indiana Joins Lawsuit Against California Company

Indiana is one of 27 states filing a lawsuit against a California company accused of bilking elderly investors throughout the country out of nearly $70 million. Indiana Attorney General Todd Rokita's office says at least 16 Indiana residents are among the victims who were defrauded by Safeguard Metals. ... Read More

Daviess County Airport Plans Expansion

The Daviess County Airport is looking to expand its main runway. The airport says it plans to invest $1.7 million to nearly 500 feet to the runway, bringing it to just over 5,000 feet, which would allow larger aircraft to land.... Read More

Wabash Rebrands, Swings to Full-Year Profit

Lafayette-based Wabash (NYSE: WNC), which has rebranded from its former name, Wabash National Corp., is reporting full-year net income of $1.2 million, compared to a net loss of $97.4 million the previous year. Chief Executive Officer Brent Yeagy says the company is focused on bringing new products and technologies to market, building out adjacent revenue streams and growing beyond the equipment cycle.... Read More

IUPUI Receives $3.7M Cybersecurity Grant

IUPUI is one of eight recipients of the National Science Foundation's CyberCorps Scholarship for Service program. The university says it will use the $3.7 million grant to train undergraduate and graduate students in cybersecurity engineering to help the U.S. respond to national security needs.... Read More

BioCrossroads Celebrates Life Sciences Growth

life sciences industry saw strong growth last year, particularly in the pharmaceutical and medical device sectors. The state's life sciences initiative says 23 companies committed to invest more than $500 million and add 2,100 employees in Indiana. ... Read More

Financial Center Hires New CEO

Indianapolis-based Financial Center First Credit Union has appointed Cameron Minges president and chief executive officer. Minges succeeds J. Kevin Ryan, who announced his retirement in January after 40 years in the industry.... Read More

The Garage Announces New Concepts for Spring

The Garage Food Hall in the Bottleworks District in downtown Indianapolis has unveiled its new lineup of tenants opening this spring. The Garage says the offerings are a mix of new tenants and additional concepts from existing tenants.... Read More

Judge Allows Virtual School Lawsuit to Continue

A judge in Hamilton County has ruled a lawsuit against two former Indiana online charter schools, as well as individuals and companies linked to them, can continue, according to our partners at WFYI. The $154 million lawsuit alleges Indiana Virtual School and Indiana Virtual Pathways Academy received millions of dollars from the state after inflating student enrollment numbers.... Read More

First Financial Annual Profit Flat

Terre Haute-based First Financial Corp. (Nasdaq: THFF) is reporting full-year net income of $53 million, compared to $53.8 million for the same period of 2020. Chief Executive Officer Norman Lowery said the bank completed its branch optimization strategy, which is projected to save $2.3 million per year in operating expenses.... Read More

Dovetail Brands Acquires Grabill Cabinets

Fort Wayne-based Dovetail Brands, an affiliate of Ambassador Enterprises, has acquired Grabill Cabinets in Allen County. While financial terms of the deal were not disclosed, Dovetail says former Grabill owners David Carnahan and Martin Heiny will continue in leadership roles.... Read More

Highway, Road Construction Training Class Launches

The Indiana Department of Transportation and the Indiana Construction Roundtable Foundation are offering a free training program they say will help workers qualify for highway and road construction jobs in only eight weeks. The BY Roads (pronounced “bee-why”) training class is scheduled to start February 21 in Indianapolis and will provide skills and certifications needed for job interviews.... Read More