Indianapolis-based Calumet Specialty Products Partners L.P. (Nasdaq: CLMT) is reporting a second quarter net loss of $15.3 million, compared to a net loss of $78.4 million during the same period last year. Calumet also announced two capital markets transactions, concluding the capitalization of the Montana Renewables business.... Read More
The Indiana Housing and Community Development Authority is awarding $130 million to six developments through the Low-Income Housing Tax Credit program and Multifamily Tax Exempt Bonds. The authority says the funding helps incentivize private developers to invest in the purchase, rehabilitation, and construction of affordable housing communities throughout Indiana.... Read More
Another one of Indiana's largest companies is expressing its opposition to the abortion bill signed into law Friday by Governor Eric Holcomb. In a statement shared to employees on Saturday, Columbus-based Cummins Inc. (NYSE: CMI) said it is "deeply concerned" how the law impacts its employees and impedes its ability to attract and retain a diverse workforce in Indiana.... Read More
Greenwood-based Indiana American Water Company and Gary officials have cut the ribbon on a solar array that will power the utility’s northwest Indiana distribution center in the city. The company, a subsidiary of American Water Co. (NYSE: AWK), says the $600,000 solar project will provide enough power to meet the energy needs of the facility.... Read More
The Indianapolis Neighborhood Housing Partnership has named Gina Miller president and chief executive officer. Miller, who has been the chief operating officer and chief financial officer for United Way of Central Indiana for nearly a decade, succeeds Moira Carlstedt.... Read More
The city of Bloomington is proposing a plan to take over ownership and operation of the Monroe Convention Center and to pay for an expansion of the venue. City leaders have submitted a proposal to the Monroe County Board of Commissioners and will present the idea Tuesday during the Monroe County Council meeting.... Read More
An Indianapolis-based cyber risk management and insurance startup has closed on its second round of seed funding. Trava Security Inc. says it will use the $4.5 million investment to further grow its cybersecurity software platform, as well as its sales and marketing departments and cyber risk insurance division.... Read More
SkyWater Technology Inc.’s plan for a $1.8 billion semiconductor production facility at Purdue University isn’t as flashy as chip-related announcements in other states, but economic development and microelectronics experts say the SkyWater deal is nonetheless a critical step in Indiana’s efforts to become a player in microelectronics.... Read More
Tourism officials say Indianapolis’ $5 billion convention and tourism sector, decimated by the pandemic, is on path to be fully recovered by the end of the year, a full year earlier than previous forecasts.... Read More
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) plans to look outside Indiana for future expansion projects as a result of the passage of Senate Bill 1, the company announced Saturday. Governor Eric Holcomb signed the bill into law Friday, making Indiana the first state to enact an abortion restriction law after the U.S. Supreme Court overturned Roe v. Wade.... Read More
The Purdue University Board of Trustees on Friday approved the university’s 10-year capital plan, which includes funding requests the university intends to submit to the state. ... Read More
A Lawrence-based startup will Monday showcase the next step in the pilot of its smart mailboxes. Dronedek, which has developed a high-tech mailbox designed for secure drone delivery, will see traditional mail delivered to its mailbox at the offices of Schneider Geospatial.... Read More
Marathon Health has cut 94 jobs, including about 12 in Indianapolis, in a corporate restructuring of its primary care operation.... Read More
Melissa Proffitt’s career in law spans many industries, but agbioscience stands out to her. ... Read More
The MINDful College Connections program has its first executive director. Dr. Curtis Wiseley will lead the consortium, which is a collaboration among Rose-Hulman Institute of Technology, DePauw University, and Saint Mary-of-the-Woods College to address the mental health needs of students.... Read More
Jasper-based Kimball Electronics Inc. (Nasdaq: KE) is reporting fiscal full-year net income of $31.3 million, compared to $56.8 million in 2021. Despite the drop, Chief Executive Officer Donald Charron says the company had a strong second half of the year, which resulted in record annual revenue levels.... Read More
Purdue University Fort Wayne has been recognized as one of the best universities in the country by the National Council on Teacher Quality in preparing future elementary educators to teach math.... Read More
A national healthcare-focused media company has released its annual list of the 150 Top Places to Work in Healthcare for 2022 and three Hoosier businesses are named. ... Read More
A California-based healthcare venture founded by an Indiana University alumnus is getting a funding boost from his alma mater. The IU Angel Network and the IU Philanthropic Venture Fund have awarded a total of $450,000 to inTandem Health, which has developed a peer support tech platform.... Read More
Paris-based infrastructure company Meridiam is working with the cities of Bloomington, Columbus and Shelbyville to build fiber broadband infrastructure in each city. The company says the Hoosier Network Fiber Project has received approval from each municipality for construction of a fiber network that third-party internet service providers can tap into.... Read More
