Purdue to examine fresh produce trade with Central America

Purdue University’s College of Agriculture is partnering with the U.S. Department of Agriculture to explore how to boost economic opportunities for the fruit and vegetable trade in Central America, while also examining root causes of migration to United States’ southern border.... Read More

Fort Wayne truck service company acquired

Texas-based FleetPride Inc. announced Tuesday it has acquired Frame Service Inc., a full-service truck and trailer maintenance and repair shop headquartered in Fort Wayne. Financial terms of the deal were not disclosed, but Fleet Service owner Barry Ernst said the acquisition will take the company to the next level.... Read More

Purdue expands DC presence

Purdue University is expanding its physical footprint to the nation’s capital to heighten the university’s presence in the national security, microelectronics and applied research sectors. ... Read More

Excel Center expanding with legislature approval

Goodwill of Central and Southern Indiana says the Indiana General Assembly approved an additional 1,650 seats for The Excel Center, Goodwill's high school for adults. The approval includes expanding the seat offerings at a few existing schools and establishing new schools in Indiana. ... Read More

Carmel-based KAR to change its name to OpenLane

Carmel-based KAR Auction Services Inc. is changing its corporate name to OpenLane Inc. effective May 15 and will also use the OpenLane name for its online used-vehicle marketplaces in the U.S., Canada and Europe, the company announced Tuesday.... Read More

Elkhart County foundation awards $3.4M in grants

The Community Foundation of Elkhart County is awarding more than $3.4 million in grants to dozens of nonprofits and programs countywide. The foundation said the grants focus on categories including kids and families, career pathways, and placemaking.... Read More

Elanco earns USDA approval for parvovirus treatment

Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) says the U.S. Department of Agriculture has provided a conditional license for the nation’s first and only approved therapeutic solution to treat canine parvovirus, a contagious virus that kills 90% of dogs if they’re not treated. ... Read More

Zimmer Biomet Q1 earnings exceed company expectations

Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) is reporting first quarter net earnings of $232.5 million, compared to $14.2 million during the same period a year ago. The orthopedics device manufacturer says it achieved Q1 net sales of $1.8 billion, an increase of 10% over the prior year period.... Read More

Farmer economic outlook improves

The latest reading of the Purdue University/CME Group Ag Economy Barometer shows farmer sentiment improved modestly last month as they appear more optimistic that interest rates could level off, or even decline in the year ahead. ... Read More

The Farmers Bank names new CEO

Frankfort-based The Farmers Bank has selected Christopher Cook as its next president and CEO. Cook currently serves as chief financial officer for Huntington-based Northeast Indiana Bancorp, the parent of First Federal Savings Bank.... Read More

Cummins touts record quarterly profits

Columbus-based Cummins Inc. (NYSE: CMI) is reporting record first quarter net income of $790 million, compared to $418 million during the same period a year ago. The powertrain manufacturer says it also saw record Q1 revenues of $8.5 billion, up 32%.... Read More