The U.S. Food and Drug Administration has given approval to Switzerland-based Novartis to begin commercial manufacturing of a drug developed in Indiana at its new, $100 million plant on the west side of Indianapolis, the company said Friday.... Read More
A more than 40-year-old indoor tennis club in Fort Wayne has a new owner, who calls the deal a full-circle moment. Josh Rifkin has acquired Wildwood Racquet Club, though financial terms are not being disclosed.... Read More
BorgWarner Inc. is providing more details on its previously-announced layoffs at one of its plants in Kokomo. In a notice to the state, the company said 11 more employees are being let go as part of the first round of layoffs, bringing the total to 93.... Read More
The board of directors for Indianapolis-based Elements Financial Federal Credit Union has named John Huesing interim CEO, the credit union announced this week. Huesing succeeds Whitney Anderson, who resigned from the position in late 2023.... Read More
Merrillville-based investment advisory firm StrategIQ Financial Group LLC has been acquired by Waverly Advisors LLC in Alabama, the companies announced Wednesday. Waverly said the acquisition increases its assets under management by $1.5 billion.... Read More
The overall sentiment among ag producers nationwide stayed relatively steady in December, according to the latest Purdue University/CME Group Ag Economy Barometer. But experts say optimism among farmers has been growing since the end of summer.... Read More
An advanced components manufacturer in Delaware County is adding to its portfolio. Yorktown-based Mursix Corp. said Wednesday it has acquired Aul Brothers Tool and Die in Muncie, though financial terms of the deal are not being disclosed.... Read More
Indiana State University on Wednesday announced the selection of Angie Lansing as interim director of athletics. The news comes just one day after the university announced Sherard Clinkscales had stepped down from the position at the end of December.... Read More
A new machining business in Starke County is now open after cutting the ribbon this week on its new facility in the Knox Industrial Park. Wakal Machining LLC was founded by veteran tool and die maker Bill Wakal and his wife, Sherry.... Read More
Leaders of the United Steelworkers are expressing their concerns with the proposed $14.9 billion acquisition of Pittsburgh-based U.S. Steel by Nippon Steel. The union said the proposed sale was sprung on the union on Dec. 18 when the deal was announced.... Read More
