The AWS Foundation in Florida is awarding Welding Workforce Grants to 11 schools, including Central Nine Career Center in Greenwood. The foundation says the funding is being awarded to make improvements, invest in capital items such as welding or metalworking equipment, or purchase/upgrade computers or computer-based training systems.... Read More
Evansville-based CenterPoint Energy Indiana South is seeking approval from the Indiana Utility Regulatory Commission to acquire a 130-megawatt solar array. CenterPoint says it has entered into an agreement with Chicago-based Invenergy, which will construct the project in Pike County, to acquire the array when its completed.... Read More
Noblesville-based RYZE Claim Solutions says it is providing a new “living wage” to its nationwide workforce. The company says its new starting wage will be $16 per hour, which is more than double the current federal and state minimum wages of $7.25 an hour.... Read More
Carmel-based Merchants Bancorp (Nasdaq: MBIN), the parent of Merchants Bank of Indiana, is reporting second quarter net income of $53.9 million, compared to $51.4 million during the same period last year. Chief Executive Officer Michael Petrie says the bank continued to successfully manage its capital, liquidity, and resources as it expanded its product reach.... Read More
Indiana small businesses were awarded $825 million in federal contracts from the U.S. Small Business Administration in the last fiscal year. The Fiscal Year 2021 Small Business Federal Procurement Scorecard indicates a record $154.2 billion was awarded to small businesses nationwide, an $8 billion increase compared to the previous year.... Read More
Kokomo-based Haynes International Inc. (Nasdaq: HAYN) is reporting fiscal third quarter net income of $15.6 million, compared to $0.4 million during the same period last year. The company says it has a record backlog of $338 million, up 124.1% year-over-year.... Read More
The Southwest Indiana Regional Development Authority is awarding $14.6 million in Regional Economic + Acceleration Development Initiative funds toward five projects. The organization says the regional projects align with the community goals outlined in the Evansville Region’s plan.... Read More
The town of Brownsburg says it continues to see a strong business climate. For the first half of the year, the town says businesses have committed more than $200 million in capital investments in the town, a 33% increase compared to last year.... Read More
Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) is reporting second quarter net income of $117 million, up 98% from $59 million during the same period last year. President Jeff Rodino says the company benefitted from its capital expenditures, which totaled more than $100 million over the last 18 months.... Read More
Michigan City-based Horizon Bancorp Inc. (Nasdaq: HNBC) is reporting record second quarter net income of $24.9 million, compared to $22.2 million during the same period last year. Chief Executive Officer Craig Dwight says the results can be attributed to strong loan growth and the higher interest rate environment.... Read More
