Indianapolis-based lithium battery recycler Retriev Technologies has acquired Michigan-based Battery Solutions. While financial terms of the deal were not disclosed, Retriev says the combination creates the first and only comprehensive battery management solution in North America.... Read More
A nearly-completed distribution center of fashion attire, apparel and beauty products in Whitestown will soon give select students from the Indiana University Kelley School of Business a unique opportunity to learn about global retail and e-commerce. ... Read More
A subsidiary of Italy-based Stevanato Group (NYSE: STVN) has entered into an agreement with the Biomedical Advanced Research and Development Authority that will expand its planned manufacturing capacity in Fishers. The company says the deal, valued at up to $95 million, will produce vials to be used for current and future vaccine needs.... Read More
Noblesville-based IDI Composites International plans to invest more than $24 million to build a new manufacturing facility in the Washington Business Park. The move is part of an agreement with the city that it says will help keep the Reimagine Pleasant Street project on schedule, while ensuring IDI remains in Noblesville.... Read More
An Evansville-based self defense and firearms tactical company is expanding. Our partners at WEHT-TV report LawMan Tactical plans to transform the site of the former Sunrise Plaza drive-in movie theatre into its Guntry Club.... Read More
South Bend-based Martell Services Group Inc. has acquired the solar division of Atwood Electric in Iowa. While financial terms of the deal were not disclosed, Martell says the newly-formed entity, Atwood Energy Services Inc., will focus on renewable energy installations.... Read More
The Indianapolis Colts and Washington Commanders have agreed to a trade involving quarterback Carson Wentz, according to ESPN’s Adam Schefter.... Read More
Ray Crowe, who led the boys basketball team at Crispus Attucks High School in Indianapolis to four state finals appearances, will be posthumously inducted into the National High School Hall of Fame. The IHSAA says Crowe, who passed away in 2003, will be the first Indiana high school basketball coach to be inducted.... Read More
Fort Wayne-based Vera Bradley Inc. (Nasdaq: VRA) is reporting full-year net income of $17.8 million in 2021, up from $8.7 million during the previous year. Chief Executive Officer Rob Wallstrom says the company essentially returned to pre-pandemic revenue levels.... Read More
The chief executive officer of Minnesota-based Living Greens Farm says Muncie beat out other locations in Indiana, Illinois and Ohio for a planned $70 million aeroponic farm facility. The company this week said it would build the 200,000-square-foot farming, processing and packaging facility and create up to 120 jobs by the end of 2024. George Pastrana says the Delaware County city turned out to be "one of the most ideal places we could've selected."... Read More
Construction of the Current812 mixed-use development in the town of Clarksville is now underway. ... Read More
Evansville-based startup Utiliz has won first place in the Spring 2022 Crossroads Pitch Competition held at The Mill, Bloomington’s nonprofit center for entrepreneurship and coworking. Utiliz, which won by unanimous vote, helps determine when water utility pipes are likely to fail.... Read More
The Legends Day Concert, which is a part of the Indianapolis 500 weekend, will be held at new location this year. ... Read More
Churchill Downs is moving forward with its plans for a casino on the east side of Terre Haute. Executives from Churchill Downs presented to the Indiana Gaming Commission on Tuesday. The company has proposed moving its site from near Haute City Center to Margaret Avenue near Interstate 70.... Read More
Elkhart-based Thor Industries Inc. (NYSE: THO) is reporting fiscal second quarter net income of $267 million, compared to $133 million during the same period a year ago. Chief Executive Officer Bob Martin says the company's performance was extremely strong, despite supply chain challenges.... Read More
Indiana’s individual income tax rate would be gradually cut over the next seven years under a Republican-driven plan approved by legislators early Wednesday.... Read More
Agriculture is big business in Indiana, measuring more than $31 billion in cash receipts each year. But there is a new effort to support small businesses and entrepreneurs.... Read More
The Governor's Workforce Cabinet and Conexus Indiana have launched a $500,000 grant program designed to prepare students for careers in advanced manufacturing. The Education Readiness Grants will be awarded to eligible high schools statewide to purchase new smart manufacturing technologies and equipment to help students develop Industry 4.0 skills.... Read More
The Hammond Redevelopment Commission has approved a development agreement for a new mixed-use project. Mayor Tom McDermott's office says the $25 million project will bring more than 200 market rate apartments as well as commercial and retail space to the city's downtown.... Read More
Indianapolis-based Webster’s Sporting Goods has been acquired by Distinct Images, a supplier of imprinted apparel and promotional products also based in Indy. Founder Dick Webster says the deal comes at an opportune time as the company’s focus has shifted from retail sporting goods to embroidery, letter jackets and uniforms.... Read More
