North Carolina-based Cadence Petroleum Group bought Indianapolis-based Hoosier Penn Oil Inc. in mid-October, the companies announced Wednesday. Financial terms of the acquisition were not made public.... Read More
Purdue in Indianapolis Engineering undergraduate students in good standing will be guaranteed a paid co-op, industry or undergraduate research internship as part of their degree. The school said in a news release it hopes the decision will improve retention rates, increase the likelihood of staying in the state post-grad and launch student into their careers with hands-on experience. ... Read More
The project is part of the city's $10 million investment into rural fiber. In the region, Smithville has been building fiber networks in Bloomington, Stanford, southeast Greene County, the Indian Hills region in the Gosport area of Owen County and western Monroe County. That amounts to about 1,000 rural homes and businesses.... Read More
Portugal-based orthopedic technology company PeekMed announced its establishment of a formal subsidiary as PeekMed LLC based in Warsaw, Indiana. The company said the expansion is timed with the launch of its web platform that's undergoing testing to hit the US market.... Read More
The university will use the grant, called Applying Global Lessons to Advance Health Equity in Indiana, to adapt and use research from its Academic Model Providing Access to Healthcare partnership in Kenya. IU began working with a university and hospital in the country 35 years ago to build health systems and promote well-being in underserved areas.... Read More
The new division will provide business financing solutions for small- and medium-sized businesses. The Michigan City-based bank plans to have a team in place by the fourth quarter of 2023 and operational in early 2024. ... Read More
A Michigan-based not-for-profit supporting high-achieving high school-aged women with scholarships is expanding into Indiana. The Joyce Ivy Foundation says the move comes after an Arizona State University professor gave the organization an endowment. ... Read More
Stephen Bartels and Heather Setser have operated the destination since 1998 and have continued to expand their operations ever since. They opened the winery in 2016 and the brewery in September. Their offerings include floating cabins, which that state said is the first of its kind in the state. They also plan to open a 28-room hotel and break ground on a distillery. ... Read More
Each organization looks to bring something to the table: G-Unity, which is founded by Curtis “50 Cent” Jackson, focuses on serving underserved youth; Pacers Sports & Entertainment is positioned in the industry and has philanthropic motivations; and the STARTedUP Foundation helps children build entrepreneurial and problem-solving skills. ... Read More
The Indiana Department of Health provided the grant to Indiana University Health Foundation and IU Health Community Health so the institutions can hire more community health workers for an expansion of its Indiana WeCare program and iHEART collaborative. ... Read More
