Rose-Hulman expects strong incoming class

Rose-Hulman Institute of Technology is estimating that it will see more than 600 first-year students this fall. The school says continued strong student recruitment is expected to lead to the second consecutive year of more than 600 incoming students and the third time in the school's history.... Read More

Finward Bancorp reports slight dip in quarterly profit

Munster-based Finward Bancorp (Nasdaq: FNWD), the parent of Peoples Bank, is reporting second quarter net income of $6.6 million, compared to $8.1 million during the same period last year. Despite the drop, Chief Executive Officer Benjamin Bochnowski says the bank improved its core net income and net interest margin during the second quarter.... Read More

USI receives $100K to establish scholarship

The University of Southern Indiana Romain College of Business has received a $100,000 gift from Warehouse Services Inc. in Mount Vernon to establish an endowed scholarship. The university says the Warehouse Services Inc. Barry Cox Scholarship Endowment, named for the company's president Barry Cox, will offer support to students enrolled in the Supply Chain Management Certificate Program.... Read More

Trine receives $2.5M for new academic building

Trine University has received a $2.5 million gift from alumnus and Board of Trustees member Larry Reiners and his wife Judy. Trine says the funds will support a new 120,000-square-foot academic facility that will house programs in its College of Health Professions.... Read More

Wabash sees Q2 profit

Lafayette-based Wabash (NYSE: WNC) is reporting second quarter net income of $22.7 million, compared to $12.3 million during the same period last year. The trailer maker says demand remains strong as evidenced by its backlog remaining at $2.3 billion from the first quarter to the second.... Read More

Butler announces first esports park tenant

Butler University has announced Challonge will be the first tenant at its new Esports Park when it opens next month. Challonge is a software-as-a-service company owned by California-based Logitech (Nasdaq: LOGI).... Read More

First Merchants Corp. sees decrease in quarterly earnings

Muncie-based First Merchants Corp. (Nasdaq: FRME) is reporting second quarter net income of $38.5 million, compared to $55.6 million during the same period last year. The bank says the results included acquisition costs of nearly $30 million from its merger with Level One Bancorp LLC in Michigan.... Read More

Franklin Electric sees Q2 profit

Fort Wayne-based Franklin Electric Co. Inc. (Nasdaq: FELE) is reporting record second quarter net income of $59.8 million, up from $39.4 million during the same period last year. Chief Executive Officer Gregg Sengstack says the company saw growth and strong demand across its three business segments, which includes water systems, distribution, and fueling systems.... Read More

Ivy Tech, LIFT partner to expand aviation training opportunities

Ivy Tech Community College Columbus and Leadership in Flight Training Academy in Indianapolis are partnering to offer a Professional Flight Associate of Applied Science degree. The program, which will combine 32 credit hours of Ivy Tech classroom time with nearly 260 flight hours, is expected to begin in October.... Read More