Kimball International Swings to Profit

Jasper-based Kimball International Inc. (Nasdaq: KBAL) is reporting fiscal third quarter net income of $6.3 million, compared to a loss of $4.5 million during the same period last year. Chief Executive Officer Kristie Juster says the results reflect robust demand across its product portfolio, as well as the company's ability to navigate industry-wide headwinds.... Read More

IHSAA Approves Boys Volleyball, Girls Wrestling as Emerging Sports

The Indiana High School Athletic Association Inc. is adding girls wrestling and boys volleyball to its new emerging sport process. The IHSAA's board of directors unanimously voted to add the sports during its annual review of the by-laws in Indianapolis, making the two sports the first to earn the designation.... Read More

New Bath Today Acquired by Atlanta Company

Atlanta-based SageHome Inc. has acquired New Bath Today Inc., a bathroom renovation specialist located in Indianapolis. SageHome, which designs senior living spaces, says it partnered with Cairngorm Capital Partners LLP on the acquisition.... Read More

Cummins Posts First Quarter Results

Columbus-based Cummins Inc. (NYSE: CMI) is reporting first quarter net income of $418 million, compared to $603 million during the same period last year. The company says the results include costs of nearly $160 million related to the suspension of operations at its facility in Russia.... Read More

Indy Nonprofit to Build Women’s Recovery Housing

Volunteers of America Ohio & Indiana has announced plans to build and operate a certified community-based recovery housing facility for women with young children on the west side of Indianapolis. The nonprofit says the development will be the first recovery residence of its kind in the state.... Read More

Zimmer Biomet Profit Dips

Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) is reporting first quarter net income of $73 million, down from $193.4 million during the same period last year. Chief Executive Officer Bryan Hanson says the results are better than expected, driven by COVID recovery.... Read More

Holcomb Honors Small Businesses, Entrepreneurs

The Indiana Economic Development Corp. is recognizing eight Hoosier small businesses as a part of Small Business Week in Indiana. The IEDC says the awards honor the entrepreneurs’ and small businesses’ achievements and contributions to grow Indiana’s economy and strengthen communities across the state.... Read More

Lilly Funding to Support OrthoWorx Educational Efforts

Warsaw-based nonprofit OrthoWorx and the Orthopedics Capital Foundation have received a three-year grant from Lilly Endowment Inc. in Indianapolis to support efforts that promote the city of Warsaw and its "industry cluster" as the Orthopedic Capital of the World. OrthoWorx says the funding could total as much as $2.3 million during the three-year grant period.... Read More