Jasper-based Kimball Electronics Inc. (Nasdaq: KE) is reporting fiscal full-year net income of $31.3 million, compared to $56.8 million in 2021. Despite the drop, Chief Executive Officer Donald Charron says the company had a strong second half of the year, which resulted in record annual revenue levels.... Read More
Paris-based infrastructure company Meridiam is working with the cities of Bloomington, Columbus and Shelbyville to build fiber broadband infrastructure in each city. The company says the Hoosier Network Fiber Project has received approval from each municipality for construction of a fiber network that third-party internet service providers can tap into.... Read More
Indianapolis-based Infrastructure and Energy Alternatives Inc. (Nasdaq: IEA) is reporting second quarter net income of $17 million, up from $4.7 million during the same period last year. Last month, the company entered into an agreement to be acquired by Florida-based infrastructure construction company MasTec Inc. (NYSE: MTZ) in a deal valued at $1.1 billion.... Read More
Butler University has received a $4 million gift from Trustee Jay Love and his wife Christie (Kile) Love to fund construction of a new University House and Presidential Residence. Butler says the Jay and Christie Kile Love University House will serve as a home for future Butler presidents, as well as a venue to host fundraising and community events.... Read More
Minnesota-based Winnebago Industries Inc. (NYSE: WGO) has announced Bill Fenech will retire from his role as president of Bristol-based Barletta Pontoon Boats later this year. Winnebago, which acquired Barletta last year, says Jeff Haradine will be promoted to president from his current role as vice president of sales.... Read More
Batesville-based Hillenbrand Inc. (NYSE: HI) is reporting fiscal third quarter net income of $49 million, compared to $40.4 million during the same period last year. Hillenbrand says favorable pricing, higher volume in its industrial segments, and lower shares outstanding were offset by inflation and the impact of foreign currency exchange.... Read More
Warsaw-based OrthoPediatrics Corp. (Nasdaq: KIDS) is reporting a second quarter net loss of $300,000, compared to a loss of $3.8 million during the same period last year. Chief Executive Officer David Bailey says the strength of the business was enhanced by its recent acquisitions.... Read More
Ball State University announced this week it is partnering with international esports organization Gen.G Global Academy. The university says the partnership will provide opportunities for student-athletes within its esports program as well as Gen.G’s student-athletes.... Read More
Merrillville-based NiSource Inc. (NYSE: NI) is reporting second quarter net income of $53.2 million, compared to $46.5 million during the same period in 2021. The company says it is on track to make about $10 billion in capital investments over the next few years to continue its renewable energy transition.... Read More
Farmer sentiment saw a slight increase last month as the Purdue University/CME Group Ag Economy Barometer rose 6 points in July. Purdue says producers were somewhat more optimistic about both current and future economic conditions on their farms compared to June.... Read More
