Indianapolis-based housing developer The Annex Group is partnering with Youth Build Indy to build Union at 16th, an affordable housing community on the city's near west side. As part of the partnership, The Annex Group says participants in the nonprofit’s BUILD program are helping with construction work on the $29 million housing development.... Read More
Muncie-based First Merchants Corp. (Nasdaq: FRME) is reporting record full-year net income of $206 million, up from $149 million in 2020. Chief Executive Officer Mark Hardwick said 2021 proved to be a record year on many levels, including total assets, loans, deposits, and earnings per share.... Read More
The Indianapolis Colts and the NFL Foundation Grassroots Program are providing $100,000 to help an Indianapolis school build a new athletic field. The organizations will help install a new natural grass field for The Sean Cowdrey Health & Wellness Complex Athletic Field, which is home to Phalen Leadership Academies.... Read More
Jeffersonville-based First Savings Financial Group Inc. (Nasdaq: FSFG) is reporting fiscal first quarter net income of $4.3 million, compared to $9.9 million during the same period in 2020. Chief Executive Officer Larry Myers says the bank had a strong quarter of loan growth, and continued to stabilize the financial performance of the mortgage banking segment.... Read More
Evansville-based Berry Global Group Inc. (NYSE: BERY) and TotalEnergies (NYSE: TTE) in France are collaborating to offer circular packaging and divert waste from landfills. Berry says Certified Circular Polymers supplied by TotalEnergies will help the company use more recycled plastic in its food and beverage packaging and healthcare products.... Read More
Organizers of the West Lafayette Smart City Challenge have awarded a total of $15,000 to three finalists, including two from Purdue University. According to Purdue, the winning teams proposed IoT solutions or software applications to improve safety for road users who navigate high-traffic corridors and intersections during major seasonal events.... Read More
Purdue University Northwest alumnus David Roberts and wife Susan Roberts have donated $3 million for a planned Impact Lab. The university says the Roberts Impact Lab at PNW will be a workspace for entrepreneurship, innovation and education collaboration.... Read More
The city of New Albany is planning to begin the next phase of its Main Street Revitalization Project this summer. The city says the $3 million project will replace deteriorated pavements and sidewalks, improve walkability, and increase multi-model accessibility of the Main Street corridor.... Read More
Indianapolis-based Anthem Inc. (NYSE: ANTM) is reporting full-year net income of $6.1 billion, up from $4.6 billion in 2020. The company says growth was fueled by increasing medical enrollment from government business, primarily driven by organic growth in the Medicaid business.... Read More
The city of Noblesville has appointed Maranda Taylor as its new economic development manager. In the newly-created position, Taylor will focus on attracting companies and partners to the city.... Read More
