A blue-ribbon panel said Thursday Indiana needs to spend an additional $242 million a year to help improve the state’s strained and fragmented public health system.... Read More
Indiana received the first payment from its share of a national, $26 billion settlement with opioid manufacturers and distributors in mid-July, and expects to receive two more this year. Local governments could see their first payments this year.... Read More
Indianapolis-based Infrastructure and Energy Alternatives Inc. (Nasdaq: IEA) is reporting second quarter net income of $17 million, up from $4.7 million during the same period last year. Last month, the company entered into an agreement to be acquired by Florida-based infrastructure construction company MasTec Inc. (NYSE: MTZ) in a deal valued at $1.1 billion.... Read More
The House and Senate reached a deal for distributing more than $1 billion in surplus accounts and providing $75 million in direct appropriations and discretionary funding for social service programs in the wake of an abortion ban. ... Read More
A much-anticipated, $30 million golf and entertainment venue will open Friday on the near southwest side of downtown Indianapolis. Back 9 Golf & Entertainment features a three-story golf range with 75 climate-controlled golf bays, restaurant and a 550-person music pavilion... Read More
The pandemic decimated the convention and tourism sector. But there are definite signs the industry---so important to the state's economy---is back. Visit Indy says last year, Indianapolis hosted more in-person events than any city in country...and, to date this year, Indy has the highest downtown hotel occupancy in the U.S. for convention business.... Read More
An Indiana medical technology startup has received an undisclosed investment in a pre-seed round of funding. Fort Wayne-based Caevisus is developing a wearable device to analyze soft tissues at the knee during movement.... Read More
Butler University has received a $4 million gift from Trustee Jay Love and his wife Christie (Kile) Love to fund construction of a new University House and Presidential Residence. Butler says the Jay and Christie Kile Love University House will serve as a home for future Butler presidents, as well as a venue to host fundraising and community events.... Read More
Purdue University Fort Wayne has received two gifts totaling $6 million to go towards construction of a new music technology center on the main campus. The $22 million facility will replace the current PFW School of Music center located on the Sweetwater corporate campus.... Read More
A veteran Hoosier broadcaster and the dean of agriculture at Purdue University have been awarded what is considered the state’s highest agricultural honor.... Read More
Minnesota-based Winnebago Industries Inc. (NYSE: WGO) has announced Bill Fenech will retire from his role as president of Bristol-based Barletta Pontoon Boats later this year. Winnebago, which acquired Barletta last year, says Jeff Haradine will be promoted to president from his current role as vice president of sales.... Read More
Batesville-based Hillenbrand Inc. (NYSE: HI) is reporting fiscal third quarter net income of $49 million, compared to $40.4 million during the same period last year. Hillenbrand says favorable pricing, higher volume in its industrial segments, and lower shares outstanding were offset by inflation and the impact of foreign currency exchange.... Read More
The city of Charlestown has inked a development agreement with Clarksville-based Dan Cristiani Excavating Co. (DCE) to commence construction on a 600-acre business park and residential project with infrastructure improvements beginning in September.... Read More
Michigan City-based Horizon Bancorp Inc. (Nasdaq GS: HBNC) has named Thomas Prame president of the company and its subsidiary Horizon Bank... Read More
Illinois-based LRS, which specializes in waste disposal and recycling, has acquired JL Hurt, a company in Kosciusko County that provides portable restrooms to a variety of industries. This marks the company's fourth acquisition in the northern Indiana market over the past two years.... Read More
Sweetwater has launched The Sweetwater Gear Exchange, a marketplace for buying and selling used gear. ... Read More
Warsaw-based OrthoPediatrics Corp. (Nasdaq: KIDS) is reporting a second quarter net loss of $300,000, compared to a loss of $3.8 million during the same period last year. Chief Executive Officer David Bailey says the strength of the business was enhanced by its recent acquisitions.... Read More
The Indy Chamber on Thursday morning urged Indiana lawmakers to pause their work on legislation that would ban abortion in most circumstances and take more time to gather information about how the proposal would affect women and health care providers.... Read More
The new president of the Indiana Sports Corp says the key to his tenure will be to make sure Indianapolis stays competitive when it comes to major sporting events. ... Read More
Columbus-based Cummins Inc. (NYSE: CMI) on Wednesday announced the completion of its $3.7 billion acquisition of Meritor Inc. in Michigan. Meritor is a supplier of drivetrain, mobility, braking, aftermarket and electric powertrain products for the commercial vehicle and industrial markets.... Read More
