$18M approved for northeast Indiana projects

The Northeast Indiana Regional Development Authority has approved $18 million in new Regional Economic Acceleration and Development Initiative grants. The organization says the funding will be used for six projects in Allen, Huntington, Noble, and Wabash counties.... Read More

Vermillion County seeks to address housing shortage

The Vermillion County Economic Development Council has begun the planning process to bring more housing to the northern part of the county. The project includes the addition of 15 single-family homes in what VCEDC Executive Director Doug Hess hopes will be the first of many developments. ... Read More

IU approves capital request for renovations, maintenance

Indiana University has approved more than $200 million as part of its 2023-25 legislative request for capital planning and facilities. IU says its biennial request for state funding focuses on projects for renovations of classrooms, labs, student-focused spaces, as well as related facilities and infrastructure.... Read More

Fort Wayne financial firm completes merger

Fort Wayne-based Credent Wealth Management is merging with Personal Wealth Partners. Personal Wealth Partners, which has offices in Minnesota and Wisconsin, will now operate under the Credent Wealth Management brand.... Read More

The Heritage Group welcomes cohort of hard tech startups

Indianapolis-based The Heritage Group Accelerator has selected seven startups to participate in its 2022 hard tech accelerator program. THG says all of the cohort participants focus on building a sustainable future through innovation, from eco-friendly cleaners to next generation lithium batteries.... Read More

Notre Dame receives gift for career development program

The University of Notre Dame has received a $5 million gift from Tom and Molly Duffey to create and endow a new student career development program in the Keough School of Global Affairs. The university says the Duffey Career Development Program will prepare graduate and undergraduate students to compete for professional opportunities and positions.... Read More

Rodriguez: New runway can lead to more nonstops

The most ambitious project since the completion of the Midfield Terminal in 2008 - a nearly $200 million rebuild of one of two main runways at Indianapolis International Airport - could mean more nonstops, including a coveted route to Europe, according to airport Executive Director Mario Rodriguez. ... Read More

Munciana Volleyball Club acquired

The oldest volleyball program in the country, headquartered in Yorktown, is under new ownership. Massachusetts-based youth sports club and event operator 3STEP Sports has acquired Munciana Volleyball Club, though financial terms of the deal were not immediately disclosed.... Read More

Wittenberg Village to close Crown Point skilled nursing facility

One of the largest senior living communities in northwest Indiana is planning to close its nursing home. Our partners at The Times of Northwest Indiana report Wittenberg Village in Crown Point will close its skilled nursing building on October 11 citing the impact of the Covid-19 pandemic, labor shortages and inflation.... Read More

Indiana farmland values push higher

A new report from the Seventh Federal Reserve District in Chicago shows the value of available Indiana farmland has skyrocketed over the past 12 months, climbing 22% compared to the same period last year. ... Read More

STAR Financial Bank appoints new leadership

Fort Wayne-based STAR Financial Bank has named Kevin Wright to the role of president, working out of the bank's Indianapolis location. Wright has served as senior vice president of STAR's commercial banking division since 2018.... Read More

Duke Energy to make old towers new home for bald eagles

Plainfield-based Duke Energy Indiana is giving new purpose to two electric transmission towers that have reached the end of their service life. The utility says the towers will be repurposed as nesting platforms for bald eagles at the Wabashiki Fish & Wildlife Area in West Terre Haute.... Read More