Gary awards contract for major fiber project

The city of Gary on Wednesday awarded a $4.5 million contract for a fiber optic cable installation project it says will provide affordable, high-speed internet access for every resident, business, not-for-profit and school in the city.... Read More

Holcomb prepares for last legislative session

Gov. Eric Holcomb says he isn't yet ready to unveil his final legislative agenda, which is set to be revealed on Jan. 8. Lawmakers seem keen to keep session short in 2024, meaning any priorities will need to be ready when legislators convene on that same date.... Read More

Purdue wins $32.5M in patent-infringement lawsuit

The suit, filed in U.S. District Court for the Western District of Texas, accused STMicroelectronics of making and selling products that infringe on Purdue’s patent for a technology related to semiconductor devices used in high-voltage power applications.... Read More

Eskenazi Health Foundation CEO to retire

The Eskenazi Health Foundation in Indianapolis on Wednesday announced a succession plan for the retirement of its president and CEO. Ernie Vargo plans to step down in January 2026 after what will be 16 years in the role. ... Read More

Thor sees expected quarterly drop in profit

Elkhart-based Thor Industries Inc. is reporting fiscal first-quarter net income of $53.6 million, down from $136 million during the same period last year. CEO Bob Martin said the results were largely expected due to the current economic environment.... Read More

Indiana paint company acquired

An Indiana-based distributor of automotive and industrial paint is under new ownership. Automotive Color & Supply in Fort Wayne has been acquired by St. Louis-based private equity firm Wilsquare Capital, though financial terms are not being disclosed.... Read More

Fishers-based tech firm Formstack hires new CEO

Aled Miles has been named the new top executive at Fishers-based software company Formstack following the departure of longstanding CEO Chris Byers. Byers left the company on Thursday and Miles started as CEO on Friday, Formstack announced this week.... Read More

CenterPoint seeks increase to base rates

CenterPoint Energy's Indiana Electric business is seeking a nearly $119 million base rate increase from the Indiana Utility Regulatory Commission. If approved, the utility says the average residential customer would see their monthly bills rise by $28.38.... Read More