The Muncie Redevelopment Commission has approved a $750,000 grant for Muncie-based Accutech Systems Corp., which is looking to more the double its staff. However, the Star Press reports the financial software company had been seeking $1.25 million for the expansion.... Read More
Indiana State University has raised more than $21.5 million for the second consecutive year, with more than $15 million from Indiana residents. ISU says more than 6,800 donors made contributions, supporting 731 funds and initiatives.... Read More
In one week, Jennifer Rumsey will become just the seventh chief executive officer at Columbus-based Cummins and the first woman to the lead the company. Rumsey views embracing the environment and challenges related to global warming will be important growth opportunities. ... Read More
The Allen County Plan Commission has approved the primary development plan and rezoning for a $40 million Trine University academic building in Fort Wayne. The university is partnering with Fort Wayne-based Parkview Health on the facility, which will employ 100 faculty and staff.... Read More
Illinois-based vehicle auction company IAA Inc. (NYSE: IAA) is continuing its growth in Indiana. The company says it has completed an expansion of its Indianapolis South branch and has begun construction on an expansion in Fort Wayne.... Read More
For the past six weeks, Purdue University has been hosting two dozen young African leaders, entrepreneurs, and innovators as part of The Mandela Washington Fellowship. ... Read More
Indianapolis-based Scale Computing has secured $55 million in investment capital, led by funds managed by Morgan Stanley Expansion Capital. The funding is expected to help the tech firm move closer to its goal of an initial public offering.... Read More
The Indiana Department of Health has awarded Fort Wayne-based Parkview Health six grants totaling more than $1.2 million. Parkview says the funding will help improve several community health issues identified as priority areas for Hoosiers.... Read More
The Indiana Department of Education is awarding grants to a record number of schools this year as part of the Dual Language Immersion Pilot Program. The IDOE says 30 schools will receive funding through the program to establish or expand dual language programs in French, Mandarin, and Spanish among other languages.... Read More
The chief executive officer of the Indiana Association of REALTORS says the state is starting to see a shift to a more balanced housing market. Over the first six months of the year, home sales were down 2.4%, while new listings increased 4.7% percent. ... Read More
The city of Richmond has received the silver designation from the national SolSmart program. The program recognizes communities that are taking steps to encourage solar energy growth and remove obstacles to solar development.... Read More
Indianapolis-based real estate developer Flaherty & Collins Properties is Friday holding the grand opening of Whiskey River.... Read More
Indianapolis-based Murphy Robes Co. has been acquired by Christian Brands in Arizona. Murphy, which was founded in 1913, provides Christian choir gowns, pulpit robes, clergy attire and vestments. Financial terms of the deal were not disclosed.... Read More
Fort Wayne-based Vera Bradley Inc. (Nasdaq: VRA) says President and Chief Executive Officer Rob Wallstrom will be retiring and also announced cost-cutting measures that could include layoffs. ... Read More
Indiana's unemployment rate increased to 2.4% in June after three consecutive months at 2.2%. The Indiana Department of Workforce Development says the state gained 5,000 private sector jobs last month.... Read More
Kentucky Governor Andy Beshear made a pitch Thursday to a steel company that took over plans to build an aluminum plant once promised to Kentucky, hoping to salvage a deal struck by his predecessor.... Read More
IBJ Media and Nexstar—two powerhouse media organizations in Indianapolis—have announced a strategic news partnership that will put the award-winning “Inside INdiana Business with Gerry Dick” program on WTTV-TV (CBS4) on Sunday mornings.... Read More
A new, public charter school is preparing to open in Indianapolis, and it caters to immigrants, primarily the Latino population. ... Read More
Patrick Talty has been selected as the next president of the Indiana Sports Corp, the organization announced Thursday afternoon. Talty, who previously served as chief operating officer, succeeds Ryan Vaughn, who stepped down from the role July 1.... Read More
The University of Notre Dame announced Thursday it has completed the third and final component of a more than $75 million compensation enhancement strategy. The university says the most recent commitment, totaling $25 million, will increase base compensation for 6,000 employees around the world.... Read More
