Verbio North America Holdings Corp. has acquired South Bend Ethanol, an ethanol production plant, though financial terms of the deal are not being disclosed. However, Verbio said it plans to invest $230 million over the next three years to expand the plant.... Read More
U.S. News & World Report has released its 2023 Best States rankings, and Indiana is near the middle of the pack at No. 29. The publication evaluated 70 metrics across eight categories, including health care, education, and economy.... Read More
The Fort Wayne-based Foellinger Foundation has reopened its building after an approximately $4 million renovation. The foundation said the updated space provides meeting spaces available for Allen County nonprofits to use at no cost.... Read More
The Manchester University Board of Trustees on Monday appointed Stacy Young as the university's 16th president. Young, a 1996 graduate of Manchester, currently serves as president of Montcalm Community College in Sidney, Michigan.... Read More
An Indiana law that requires abortion clinics to either bury or cremate fetal remains will remain in effect after the U.S. Supreme Court declined on Monday to consider a lawsuit challenging it. The court gave no explanation for its decision.... Read More
In honor of Small Business Week in Indiana, the Indiana Economic Development Corp. is recognizing seven small Hoosier businesses for their contributions to the state’s economy. ... Read More
Gov. Eric Holcomb announced Monday that Indiana Department of Child Services Director Terry Stigdon will step down at the end of the week. Stigdon, who has served in the role since 2018, will become CEO of the Indiana Region chapter of the American Red Cross.... Read More
United Way of Central Indiana has awarded more than $100,000 to seven nonprofits as part of Propel, the organization’s pitch competition.... Read More
The Rescue Mission in Fort Wayne has named Thomas McArthur president and CEO-elect, succeeding Donovan Coley. McArthur most recently served as executive director of The Chapel, a non-denominational church in Illinois.... Read More
A new nonprofit has launched in Columbus with the goal of improving the city's downtown. The Office of Downtown Development seeks to fill gaps in the types of services and resources that are provided to new and existing businesses.... Read More
The plush, $17 million headquarters of Goodman Campbell Brain and Spine physician group in Carmel, with its two-story walnut-paneled wall in the lobby, decorative light fixtures and modern furnishings, stands as a survival trophy of sorts.... Read More
Indianapolis-based Northwind Pharmaceuticals LLC has acquired QVI Risk Solutions, a health benefit administrator headquartered in Bend, Oregon. The private pharmaceutical repackaging company did not disclose financial details of the deal.... Read More
Duke Energy (NYSE: DUK) has awarded more than $125,000 in grants to 26 local and regional economic development organizations. The parent of Duke Energy Indiana says the grant dollars are used to support marketing campaigns and promotional materials.... Read More
Republicans held resolute even into the waning hours of budget negotiations that the Kinsey Institute of Indiana University wouldn’t get any state funding, much to the chagrin of university leadership.... Read More
The president of the South Shore Line says one of the two transformational projects on the rail line is creating benefits even before its completion. Mike Noland said both projects are projected to generate about $2.5 billion in additional investment.... Read More
Taylor University has received a $20 million gift, the largest in the school’s 177-year history, the university announced Friday. The private school in Upland said the gift from an anonymous donor will serve as a catalyst for a scholarship challenge match.... Read More
The Indiana office of the U.S. Small Business Administration has awarded Indianapolis entrepreneur Danny Portee its Small Business Person of the Year. Portee is president and CEO of Indy-based Professional Management Enterprises Inc, a professional services and personnel staffing firm. ... Read More
A subsidiary of Japan-based NSK Corp. is looking to grow in Johnson County. NSK Precision America Inc. plans to invest nearly $66 million to expand operations at its facility in Franklin and add 72 jobs by the end of 2026.... Read More
State lawmakers adopted a two-year budget early Friday morning that includes funding for new buildings envisioned as part of the uncoupling of IUPUI, a move that is intended to give Indiana University and Purdue University their own identities in Indianapolis. ... Read More
A startup based in India that wants to turn discarded potato chip bags into recycled sunglasses earned top honors in the inaugural Circular Plastics Case Competition, hosted by Batesville-based Hillenbrand Inc. ... Read More
