NiSource Swings to Full-Year Profit

Merrillville-based NiSource Inc. (NYSE: NI) is reporting full-year net income of $530 million, compared to a loss of $72.7 million in 2020. Lloyd Yates, who became president and chief executive officer earlier this month, says the utility's electric generation transition is expected to drive growth by the end of the year.... Read More

Marson International to Host Hiring Event for Apprentices

Marson International in Elkhart is partnering with the Labs for Industry Futures and Transformation Network to launch apprenticeship programs for industrial maintenance mechanics and robotics technicians. The company will Wednesday host a hiring event to fill the six apprenticeship positions.... Read More

Shuttleworth Begins Expansion in Huntington

A Huntington-based manufacturer of conveyor systems and material handling equipment has broken ground on a nearly $5 million expansion. Shuttleworth says the project will add 55,000 square feet of manufacturing space and create 20 jobs by the end of 2024.... Read More

Chamber Honors Interns and Supporting Companies

The Indiana Chamber of Commerce has announced the winners of the 16th Annual Indiana IMPACT Awards, which honors student interns and the employers that support internship programs. The program is presented by Work and Learn Indiana, a program of the Indiana Chamber of Commerce.... Read More

Neighborhood Housing Partnership CEO to Retire

The Indianapolis Neighborhood Housing Partnership's long-time president and chief executive officer, Moira Carlstedt, is preparing to retire. The organization says Carlstedt will continue in the position until a successor is named in the fall.... Read More

Purdue Life Sciences Company Receives NSF Grant

A life sciences company based out of a Purdue University professor’s lab has received a nearly $975,000 Small Business Innovation Research grant from the National Science Foundation. GeniPhys says it will use the two-year grant to scale up manufacturing capabilities to commercialize its initial product.... Read More

Cummins to Acquire Meritor for $3.7B

Columbus-based Cummins Inc. (NYSE: CMI) says it has entered into an agreement to acquire Meritor Inc. (NYSE: MTOR) in Michigan in a deal valued at $3.7 billion. Meritor is a supplier of drivetrain, mobility, braking, aftermarket and electric powertrain products for the commercial vehicle and industrial markets. Cummins CEO Tom Linebarger calls the acquisition an important milestone for the company as it works to develop more zero carbon products.... Read More

F.C. Tucker ‘Sold’ on Electric Vehicle Use

Indianapolis-based electric vehicle subscription service Motor has developed a partnership with real estate firm F.C. Tucker Co. to get more realtors behind the wheel of EVs. The incentive program, Charging Ahead, is part of Motor's effort to increase electric car adoption in central Indiana.... Read More

Wabash Updates Downtown Marketing Brand

The nonprofit that markets and showcases downtown businesses and amenities in Wabash has rebranded. The organization is now Downtown Wabash Inc., after operating as Wabash Marketplace Inc. for 40 years.... Read More

Paoli Company Names New CEO

A utility construction contractor in Orange County has announced a leadership change. Paoli-based ElectriCom LLC says President Raj Beri has been promoted to chief executive officer, succeeding Kevin Mason, who is transitioning to executive chair.... Read More

Crowdfunding Campaign Launched for Rensselaer Project

The Indiana Housing and Community Development Authority has launched a crowdfunding campaign to improve the Staddon Baseball Field in Rensselaer. The IHCDA says Rensselaer Baseball Inc. has until April 23 to raise $37,500 in order to receive a matching grant through the agency's CreatINg Places program.... Read More

MAAC Foundation Receives $1M Donation

The Multi Agency Academic Cooperative Foundation in Valparaiso has received a $1 million gift from the Dean and Barbara White Family Foundation for the construction of a Residential Tactical Training Village. The foundation says the village will provide a real-life training environment for fire and EMS scenario-based situations and street approaches by law enforcement personnel.... Read More