Finward Completes Royal Financial Acquisition

Munster-based Finward Bancorp (Nasdaq: FNWD), the parent of Peoples Bank, has completed the previously-announced acquisition of Royal Financial Inc. in Chicago. The $56.7 million deal also includes Royal Financial's Illinois state chartered savings bank subsidiary, Royal Savings Bank.... Read More

Notre Dame Buildings Receive LEED Certification

Five new buildings at the University of Notre Dame have received LEED certifications from the U.S. Green Building Council. The university says the buildings include Baumer Hall and Johnson Family Hall, which each earned gold, as well as the Matthew and Joyce Walsh Family Hall of Architecture, the Irish Athletics Center and Corby Hall, which each received silver.... Read More

Arts Organizations Receive American Rescue Plan Grants

The National Endowment for the Arts has awarded seven American Rescue Plan grants to Indiana arts organizations. The funding, which totals $700,000, will be used to retain jobs, as well as fund operations and facilities, health and safety supplies, and marketing and promotional efforts.... Read More

First Capital Reports Record 2021 Earnings

Corydon-based First Capital Inc. (Nasdaq: FCAP), the parent of First Harrison Bank, is reporting record full-year net income of $11.4 million, compared to $10.1 million in 2020. The banking company says the results are mainly due to increases in net interest income after provision for loan losses and noninterest income.... Read More

Henry Smith Plumbing in Elkhart Acquired

Michigan-based Heartland Home Services has acquired Henry Smith Plumbing, Heating & Cooling in Elkhart. While financial terms of the deal were not disclosed, Heartland says Henry Smith is the 24th company to join its family of brands.... Read More

Inotiv Acquires Orient BioResource Center

West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) has acquired Orient BioResource Center Inc. in Texas. The deal for the primate quarantine and holding facility is valued at more than $51 million in cash and stock.... Read More

Haynes International Swings to Profit

Kokomo-based Haynes International Inc. (Nasdaq: HAYN) is reporting fiscal first quarter net income of $4.7 million, up from $2.6 million during the same period the previous year. Chief Executive Officer Michael Shor says the company's aerospace business showed significant strength during the quarter.... Read More

Purdue Polytechnic Anderson Among STEM Recipients

The U.S. Economic Development Administration has selected recipients of its STEM Talent Challenge, a national competition that supports programs to train STEM talent. Purdue Polytechnic in Anderson was selected as one of the eight nationwide grant recipients and will receive $250,000 in funding.... Read More