IEDC seeks incentive funds for $3.2B mystery project

The Indiana Economic Development Corp. is seeking $120 million in performance-based incentive funds for a company planning to invest about $3.2 billion in a new facility that will create 1,400 high-wage jobs, according to the State Budget Committee’s agenda.... Read More

Farmers cautiously optimistic over ag economy

Farmers aren't immune to the national economy anxiety flogging everyone from government officials to consumers to tech giants. However, the Purdue University/CME Group Ag Economy Barometer found that farmers are relaxing a smidge and feeling cautiously optimistic about the state and future of the country's agricultural economy. ... Read More

Spinal cord research group moving HQ to Carmel

A Las Vegas-based not-for-profit founded by former IndyCar driver Sam Schmidt is planning to relocate its headquarters to Carmel. Conquer Paralysis Now said it will spend $21.4 million to purchase, renovate and equip the former Five Seasons Family Sports Club.... Read More

Landmark Recovery to furlough employees

Landmark Recovery is planning to implement a 30-day employee furlough this week. Our partners at WPTA-TV report the decision comes after the Indiana Division of Mental Health and Addiction revoked the licenses for three of the company's Indiana locations.... Read More

Holiday World details gravy-themed roller coaster

Holiday World & Splashin' Safari is providing new details on its newest roller coaster. The Spencer County theme park previously teased the project, which it called "Project Gravy Boat," but on Tuesday confirmed the ride will be known as "Good Gravy!"... Read More

Quarterly loss grows for OrthoPediatrics

Warsaw-based OrthoPediatrics is reporting a second quarter net loss of $2.9 million, compared to a loss of $333,000 in Q2 2022. Despite the drop, CEO David Bailey said he is pleased with the company's execution across its portfolio during the quarter.... Read More

Easterseals Northern Indiana hires new CFO

Easterseals Northern Indiana has named Lichelle Boyd as the disability services not-for-profit's new chief financial officer, the organization announced Monday. She enters the role with 25 years in finance, health care and leadership.... Read More