Columbus-based Cummins Inc. (NYSE: CMI) through its Cummins Advocating for Racial Equity initiative is partnering with LISC Indianapolis and the Indy Black Chamber of Commerce to establish a real estate assistance fund.... Read More
Bloomington-based nonprofit Indiana Innovation Institute has been awarded $2.6 million to prototype an artificial intelligence business process platform and portal for the U.S. Department of Defense. IN3 says the prototype will enhance the DoD's ability to quickly identify, acquire and deliver artificial intelligence capabilities through the newly-developed Tradewind acquisition platform.... Read More
An Indiana Court of Appeals has ruled against CenterPoint Energy and in favor of environmental and consumer groups when it comes to solar panels and the price of energy.... Read More
North Carolina-based Nucor Corp. (NYSE: NUE) says it plans to invest $290 million to expand production capabilities at its Crawfordsville steel sheet mill and create 80 new jobs. The steel fabricator says it will add a construction grade continuous galvanizing line and a pre-paint line.... Read More
Exactly one year since the merger of two Indiana agricultural cooperatives became official, the new organization announced plans to relocate from Avon to Indianapolis... Read More
Jasper-based German American Bancorp Inc. (Nasdaq: GABC) is reporting record full-year net income of $84.1 million, compared to $62.2 million during 2020. The banking company says the earnings represent the 12th consecutive year it has reported record annual earnings.... Read More
Purdue University Professor Mark Lundstrom says almost every week he is talking with technology companies that are considering building a plant in different states to manufacture microchips and other advanced systems... Read More
The Indiana Economic Development Corp. is touting a fifth consecutive record-breaking year for economic development in Indiana in 2021. The IEDC says nearly 300 companies announced commitments to locate or expand in Indiana with more than $8.7 billion in capital investment, a 56% increase over the previous year. ... Read More
The Indiana Chamber of Commerce’s innagural Coolest Thing Made in Indiana tournament is now down to eight quarterfinalists. The contest is meant to celebrate the state’s manufacturing tradition.... Read More
An Indianapolis-based platform designed to help communities attract remote workers has secured $2.6 million in funding. Our partners at the Indianapolis Business Journal report MakeMyMove plans to use the funding to add a small number of jobs in an effort to keep up with demand.... Read More
The Builders Association of Greater Indianapolis says demand for new houses shows no signs of waning. BAGI has released the final permit numbers for 2021.... Read More
Munster-based Finward Bancorp (Nasdaq: FNWD), the parent of Peoples Bank, has completed the previously-announced acquisition of Royal Financial Inc. in Chicago. The $56.7 million deal also includes Royal Financial's Illinois state chartered savings bank subsidiary, Royal Savings Bank.... Read More
Five new buildings at the University of Notre Dame have received LEED certifications from the U.S. Green Building Council. The university says the buildings include Baumer Hall and Johnson Family Hall, which each earned gold, as well as the Matthew and Joyce Walsh Family Hall of Architecture, the Irish Athletics Center and Corby Hall, which each received silver.... Read More
A Carmel-based tech startup has closed on a $6 million funding round. Lumavate is a Software-as-a-Service company that has developed a platform for businesses to design, build and launch mobile apps without the need for coding or development resources. ... Read More
The National Endowment for the Arts has awarded seven American Rescue Plan grants to Indiana arts organizations. The funding, which totals $700,000, will be used to retain jobs, as well as fund operations and facilities, health and safety supplies, and marketing and promotional efforts.... Read More
Former Indiana Congressman Pete Visclosky, who represented Indiana’s 1st Congressional District for more than three decades, has been named chairman of the Gary / Chicago International Airport Authority.... Read More
Indiana State University's spring enrollment has fallen nearly 25% since 2019, a drop school officials blame in part on the impact of the COVID-19 pandemic.... Read More
Omaha-based Union Pacific Railroad Co. (NYSE: UP) has announced plans to invest $100 million to buy 20 battery-electric locomotives and supporting infrastructure, and ten of the locos will be built in Muncie. ... Read More
Governor Eric Holcomb today announced several appointments to various state boards and commissions. They include the Alcohol & Tobacco Commission, the Commission on Ports, and the Graduate Medical Education Board.... Read More
goal to increase its population to 1 million residents by 2030, and over the last decade, the population in the region has grown about 5%. Last May, the U.S. Census Bureau said Fort Wayne was the fastest-growing metro area in the ... Read More
