Terre Haute-based First Financial Corp. (Nasdaq: THFF) is reporting full-year net income of $53 million, compared to $53.8 million for the same period of 2020. Chief Executive Officer Norman Lowery said the bank completed its branch optimization strategy, which is projected to save $2.3 million per year in operating expenses.... Read More
Fort Wayne-based Dovetail Brands, an affiliate of Ambassador Enterprises, has acquired Grabill Cabinets in Allen County. While financial terms of the deal were not disclosed, Dovetail says former Grabill owners David Carnahan and Martin Heiny will continue in leadership roles.... Read More
Visit Indy delivered its annual State of Tourism Tuesday with Chief Executive Officer Leonard Hoops expressing a lot of optimism for 2022, ... Read More
The Indiana Department of Transportation and the Indiana Construction Roundtable Foundation are offering a free training program they say will help workers qualify for highway and road construction jobs in only eight weeks. The BY Roads (pronounced “bee-why”) training class is scheduled to start February 21 in Indianapolis and will provide skills and certifications needed for job interviews.... Read More
ActionCOACH Southern Indiana will Wednesday open its New Albany office in the city's Mansion 1886 building. Along with the city of New Albany and One Southern Indiana, ActionCOACH is planning to host a ribbon cutting ceremony to mark the opening of the new location.... Read More
The Indiana Family and Social Services Administration has released the results of two studies on the state's On My Way Pre-K program. The program, which launched in 2015, provides grants to low-income families to help provide access to high-quality pre-K programs for their children.... Read More
Governor Eric Holcomb extended Indiana's COVID-19 public health emergency for another month on Tuesday, though his intentions to end the declaration remained ensnarled in a legislative debate over whether the state should severely limit businesses from imposing workplace vaccination requirements.... Read More
Israel-based Doral Renewables LLC has received more investment for its massive solar project in northwest Indiana. Migdal Insurance, also based in Israel, says it has committed up to $75 million in additional funding in the second phase of the Mammoth Solar project, bringing its total direct investment to $175 million.... Read More
A monthly measurement of farmer sentiment of the agricultural economy is starting 2022 on a downward path... Read More
The Indiana Children’s Wish Fund officially has a new name. The Indianapolis-based nonprofit is now called Indiana Wish, which it says aligns with branding that highlights it as the only Indiana-based wish-granting organization in the state.... Read More
An Indianapolis-based startup founded by three high school seniors has created a software platform to help job seekers find the ideal employer. Fia Recruit recently received $20,000 in funding through the Elevate Nexus pitch competition for the central region, as well as a $1.5 million valuation.... Read More
Indiana Esports Development LLC in Indianapolis is partnering with the Horizon League to bring the Esports Combine to its annual basketball championships. In addition to the men’s and women's basketball tournaments, this year's championships will feature an NBA 2K showcase where top esports athletes will compete for college scholarships and recruitment opportunities.... Read More
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
