AM General to expand, add hundreds of jobs

South Bend-based AM General will be hiring “hundreds” of additional workers and investing millions of dollars after winning a contract from the U.S. Department of Defense to produce Joint Light Tactical Vehicles (JLTV). WNDU-TV in South Bend is reporting AM General will be expanding and adding manufacturing equipment to its plant in Mishawaka, ... Read More

Monarch Beverage plans move to new $73M facility

The owner of Lawrence-based beer distributor Monarch Beverage Co. plans to spend $73 million to develop a new facility for the company on the east side of Indianapolis. Illinois-based Reyes Beverage Group has partnered with Carmel-based developer Lauth Group Inc. to build a 450,000-square-foot facility on former Ford Visteon site,... Read More

Purdue receives $10M grant to explore aquaponics

Purdue University has announced plans to construct a pilot-scale aquaponics system on campus to produce tilapia and lettuce. The university has received a five-year, $10 million grant from the U.S. Department of Agriculture to help cover some of the costs.... Read More

More Southwest Indiana projects tagged for READI funds

The Southwest Indiana Regional Development Authority has announced seven additional economic development products will receive funding from the region’s share of the state’s $500 million Regional Economic and Acceleration Development Initiative. The RDA says the additional $6 million distribution brings its total allocation to $41 million.... Read More

Manufacturer adding 50 jobs in Pierceton

An Ohio-based manufacturer is growing its footprint in Kosciusko County. Omco Midwest Roll Forming Plus, which makes components for a variety of products such as truck bodies, trailers and solar panel frames, plants to add 50 jobs at its plant in Pierceton.... Read More

Elevance Health completes BioPlus acquisition

Indianapolis-based Elevance Health (NYSE: ELV) has finalized its agreement with Washington-based CarepathRx to acquire BioPlus, a comprehensive specialty pharmacy. Financial terms of the deal were not disclosed. Elevance says the acquisition will help it meet the specialty drug needs of its clients and customers.... Read More

Sullivan completes new city hall

The city of Sullivan has completed renovation work on its new city hall building. The project was supported with $1.5 million in funding from the Indiana Regional Economic Acceleration and Development Initiative for the city's Central Plaza Corridor.... Read More

Franklin Electric sees annual profit

Fort Wayne-based Franklin Electric Co. is reporting full-year net income of $189 million, compared to $155 million during 2021. CEO Gregg Sengstack said the company saw another record full year for sales, operating income and earnings per share.... Read More

Insurance company to open healthcare facility in Fort Wayne

Fort Wayne-based Physicians Health Plan of Northern Indiana plans to build a primary care facility in partnership with Premise Health, a Tennessee-based primary care provider that operates more than 800 centers nationwide. The new center, which will be located in Fort Wayne, will provide access to primary care services for select employer groups that carry PHP insurance.... Read More

Big bonus year for steelworkers

Steelworkers at U.S. Steel Corp. (NYSE: X) plants in northwest Indiana earned more in bonus pay last year than the median income in Lake County, according to our partners at The Times of Northwest Indiana. The Pittsburgh-based steelmaker paid out record profit-sharing bonuses of up to $43,000 to thousands of steelworkers last fiscal yea... Read More