Food tech innovator looking toward growth

Indianapolis-based food tech company True Essence Foods is continuing efforts to scale its proprietary technology and eventually grow into a multi-national corporation. The company has developed two platform technologies that help...... Read More

Martinsville Treatment Services opens

A new opioid addiction treatment center is now open and serving patients as part of the Recovery Works Martinsville campus. Martinsville Treatment Services provides medication-assisted treatment for adults who have become addicted to heroin, prescription painkillers, and other opioids.... Read More

Fort Wayne begins work on $65M mixed-use project

Officials in Fort Wayne broke ground Tuesday on the first phase of a $65 million mixed-use development. Phase one of the Village Premier project will include more than 200 units of affordable rental housing and nine market rate single-family homes.... Read More

Elwood Staffing continues expansion

Columbus-based Elwood Staffing is adding to its portfolio with two recent acquisitions. The company this month purchased Missouri-based Advanced Personnel, which came just weeks after its acquisition of IES Custom Staffing Solutions in Idaho.... Read More

LCI Industries reports full-year gains

Elkhart-based LCI Industries is reporting record full-year net income of $395 million, up from $288 million during 2021. CEO Jason Lippert says diversification and staffing actions helped mitigate the impact on earnings.... Read More

Randolph County receives first READI disbursement

A business incubator and education hub in Union City is the first recipient of funds disbursed from the East Central Indiana Regional Partnership’s portion of the state’s $500 million READI program. The Vision Corner Learning Center in Randolph County will receive $400,000 that will help pay for exterior and interior building improvements.... Read More

BioCrossroads CEO Martin to step down in April

Patty Martin, president and CEO of BioCrossroads since 2019, said Tuesday she plans to step down from the organization in April to examine opportunities in the private sector. The not-for-profit organization did not name a successor.... Read More

Colts name next head coach

The Indianapolis Colts have hired Philadelphia Eagles Offensive Coordinator Shane Steichen as its new head coach, hoping to turn around a franchise that went 4-12-1 last season. Steichen has been an NFL coach for 12 years.... Read More

Inotiv quarterly loss grows

West Lafayette-based Inotiv is reporting a fiscal first quarter net loss of $86.9 million. CEO Robert Leasure said the pharmaceutical testing company had some unexpected challenges during the quarter that are being addressed.... Read More

TIF districts get more scrutiny under House bill

The popular economic development tool used by Hoosier cities and counties, known commonly as TIF districts, will face additional scrutiny under a proposal from Rep. Bob Cherry, R-Greenfield. “We’re trying to have some transparency,” Cherry said during a committee hearing on Monday. “We don’t want to hurt TIF but we want to make sure it’s working.”... Read More

TechPoint unveils 2023 Mira Award nominees

Indianapolis-based TechPoint on Tuesday unveiled the nominees for its 24th annual Mira Awards, honoring the "Best in Tech" in Indiana. The 78 nominees were chosen from a record number of entries and represent almost all regions of the state.... Read More

Realtor group: market slowly stabilizing

The Indiana Association of Realtors says the Hoosier housing market is beginning to stabilize but challenges still exist. The organization says 4,158 existing homes were sold statewide during the first month of 2023, a 26% decline compared to January 2022.... Read More

Purdue study: Food spending habits curtailed

The results of a monthly survey conducted by the Purdue University’s Center for Food Demand Analysis and Sustainability show food costs are up 19% from a year ago. However, the Consumer Food Insights Report shows shoppers are taking steps to keep their food budgets in check... Read More