State receives $127M grant for FlexRoad project

The Indiana Department of Transportation has received a $127 million grant from the National Infrastructure Project Assistance program to support a major interstate project in northwest Indiana, Gov. Eric Holcomb's office announced Monday.... Read More

Fort Wayne senior living community acquired

Fort Wayne-based Lutheran Life Villages is adding to its portfolio with the acquisition of an assisted living and memory care assisted living center in the city. Financial terms of the deal for BrightStar Senior Living are not being disclosed.... Read More

Terre Haute mayor to lead OCRA

The outgoing mayor of Terre Haute is ready to make his next move. Duke Bennett, who is finishing his fourth term as mayor, will become the new executive director of the Indiana Office of Community and Rural Affairs next month.... Read More

Franklin Electric acquires Florida manufacturer

A subsidiary of Fort Wayne-based Franklin Electric Co. Inc. has acquired a manufacturer based in Cape Coral, Florida. Financial terms of Franklin Water Treatment LLC's purchase of Action Manufacturing & Supply Inc. are not being disclosed.... Read More

ISU surpasses $100M goal for Be So Bold Campaign

Indiana State University is marking a milestone for its Be So Bold fundraising campaign. The university said it it has exceeded the campaign's initial $100 million goal, though fundraising efforts will continue through the end of the 2024-25 academic year.... Read More

State incentives approved for $40M Valpo project

The Indiana Economic Development Corp. approved incentives for the redevelopment of a 124-year-old former school in downtown Valparaiso. Urschel Development Corp. plans to invest $40 million to convert the Gardner School building into a 58-room boutique hotel.... Read More