Florida-based Ryder System Inc. has opened a 1 million-square-foot distribution center in Jeffersonville. The logistics and transportation company is operating the facility for Lexington, Kentucky-based Lexmark and is adding 150 jobs.... Read More
Elkhart-based Patrick Industries Inc. on Thursday announced plans to acquire a manufacturer of components for the powersports industry. The all-cash deal for Sportech LLC, based in Elk River, Minnesota, is valued at $315 million.... Read More
The Clarksville Redevelopment Commission has given the go-ahead for Louisville-based Denton Floyd Real Estate Group to move forward with its second mixed-use development in the South Clarksville area. The project, known as The George, will include...... Read More
In his State of the State address Tuesday night, Gov. Eric Holcomb announced a major boost to the state's Regional Economic Acceleration and Development Initiative. Indianapolis-based Lilly Endowment Inc. is awarding $250 million to support READI 2.0.... Read More
After several months of due diligence and approvals from their respective boards, members of Indianapolis-based Co-Alliance Cooperative and Ceres Solutions Cooperative in Crawfordsville have approved a merger to create Keystone Cooperative, effective March 1.... Read More
Just under a year ago, the city of South Bend launched an initiative to help businesses looking to hire highly skilled international employees. In the first year, the city awarded $24,000 in reimbursement costs for six applications from four companies.... Read More
Last November, Gina Leichty became the first women elected mayor of the city of Goshen. Leichty spoke with IIB about the move into the mayoral office, the challenges she hopes to tackle and what it means to be first woman to lead the nearly 200-year-old city. ... Read More
EcoVantage, a manufacturer of thermally modified wood products headquartered in the DeKalb County town of St. Joe, is under new ownership. Minnesota-based Arbor Wood Co. has acquired EcoVantage, though financial terms of the deal are not being disclosed.... Read More
Indianapolis-based Lilly Endowment Inc. is awarding $100 million in grants to the Purdue Research Foundation, the university announced Tuesday. Purdue says the grants represent the largest gift in the university's history.... Read More
The Joint Hypersonics Transition Office at Naval Surface Warfare Center Crane Division is launching two prizes challenges with the goal of rapid development of hypersonics prototypes.... Read More
