Elevance Health completes BioPlus acquisition

Indianapolis-based Elevance Health (NYSE: ELV) has finalized its agreement with Washington-based CarepathRx to acquire BioPlus, a comprehensive specialty pharmacy. Financial terms of the deal were not disclosed. Elevance says the acquisition will help it meet the specialty drug needs of its clients and customers.... Read More

Franklin Electric sees annual profit

Fort Wayne-based Franklin Electric Co. is reporting full-year net income of $189 million, compared to $155 million during 2021. CEO Gregg Sengstack said the company saw another record full year for sales, operating income and earnings per share.... Read More

Martinsville Treatment Services opens

A new opioid addiction treatment center is now open and serving patients as part of the Recovery Works Martinsville campus. Martinsville Treatment Services provides medication-assisted treatment for adults who have become addicted to heroin, prescription painkillers, and other opioids.... Read More

LCI Industries reports full-year gains

Elkhart-based LCI Industries is reporting record full-year net income of $395 million, up from $288 million during 2021. CEO Jason Lippert says diversification and staffing actions helped mitigate the impact on earnings.... Read More

Calumet donates candle wax for third year

Indianapolis-based Calumet Specialty Products Partners L.P. (Nasdaq: CLMT) is partnering with Restored Creations, the social enterprise of Wheeler Mission’s Center for Women & Children, to provide donated TitanWax candle blend wax.... Read More

Madison nonprofit awards $2M for Crystal Beach Aquatic Park

Bethany Legacy Foundation, a nonprofit organization serving Jefferson County, has awarded a $2 million grant to fund construction of a new pool, and renovations to the existing pool house, at the city of Madison's historic Crystal Beach Pool. The foundation says the funding will allow the city to maintain its project timeline, with plans to open the pool in May 2024.... Read More