Peacock promoted to Ports of Indiana CEO

The Ports of Indiana Commission on Monday approved the appointment of Jody Peacock as the statewide port authority's new CEO. Peacock joined the ports in 2001 and most recently served as senior vice president for business development.... Read More

Calumet donates candle wax for third year

Indianapolis-based Calumet Specialty Products Partners L.P. (Nasdaq: CLMT) is partnering with Restored Creations, the social enterprise of Wheeler Mission’s Center for Women & Children, to provide donated TitanWax candle blend wax.... Read More

Medical device company to raise about $15M in IPO

An Indiana medical device company that is developing electrical nerve stimulation therapies for children is planning to go public this spring, with a proposed $15 million initial public offering. Neuraxis said it will use the proceeds to ramp up...... Read More

Indiana Donor Network hits new record

The Indiana Donor Network hit another record for organ transplants in 2022. The federally-designated organ recovery organization said Monday it facilitated a total of 1,116 transplants last year, up 18% over the previous year's total of 949. ... Read More

Autism provider agrees to $2M settlement

The United States Attorney’s Office for the Southern District of Indiana has recovered $2 million as part of a civil settlement with an Indiana autism therapy provider and its owner over allegations of Medicaid fraud. The U.S. Department of Justice investigated Indianapolis-based Applied Behavior Center for Autism and its owner and CEO Sherry Michael for allegedly submitting false claims to Indiana Medicaid programs.... Read More

$50M gift to support Purdue business school

The Dean and Barbara White Family Foundation is committing $50 million for the undergraduate institute at the Daniels School of Business at Purdue University. The commitment will serve as the lead gift to the business school's reorganization.... Read More

IDOE names recipients of $5M counseling grant program

The Indiana Department of Education has announced recipients of the newly-established Comprehensive School Counseling Grant. Twenty six school districts and charter schools received a total of $5 million to further develop and expand school counseling services and resources.... Read More

Madison nonprofit awards $2M for Crystal Beach Aquatic Park

Bethany Legacy Foundation, a nonprofit organization serving Jefferson County, has awarded a $2 million grant to fund construction of a new pool, and renovations to the existing pool house, at the city of Madison's historic Crystal Beach Pool. The foundation says the funding will allow the city to maintain its project timeline, with plans to open the pool in May 2024.... Read More

Northern Indiana partnership says IEDC grants are paying off

Officials in northern Indiana say Manufacturing Readiness Grants awarded by the state last year had a nearly tenfold benefit. The South Bend-Elkhart Regional Partnership says 45 manufacturers in the region received a total of $5.3 million in grants, which helped generate $47.5 million in additional investments.... Read More

State revenue continues to beat estimates

Indiana's revenue collections for January once again outpaced projections. The Indiana State Budget Agency says General Fund revenues last month totaled $1.9 billion, which was 3.9% above the December 2022 forecast and 4% higher than the same month last year.... Read More

Steel Dynamics appoints president, COO

Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) has appointed Barry Schneider to the newly created position of president and Chief Operating Officer. He currently serves as senior vice president of the Flat Roll Steel Group and will continue to report to company chairman and CEO Mark Millett.... Read More

Big boost in Indiana farmland values

Indiana farmland values had the biggest one-year increase than any Midwestern state in 2022, according to the latest report from the Seventh Federal Reserve Bank district in Chicago. The quarterly report reveals good quality farmland in the Hoosier State jumped 23% higher compared to Jan. 1, 2022.... Read More