Patrick Industries sees annual profit

Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) is reporting full-year net income of $328 million, up from $225 million in 2021. President Jeff Rodino says the company's investments in the marine OEM market and marine aftermarket helped bolster its yearly and quarterly results.... Read More

AM General awarded $230M contract for armored truck project

South Bend-based AM General, the maker of the HUMVEE, was awarded an initial $230 million contract from the Department of Defense to manufacture Joint Light Tactical Vehicles (JLTV), a heavily armored truck used by the U.S. Army. However, the deal could be worth $8.6 billion over the next decade for more than 20,000 JLTVs and approximately 10,000 trailers.... Read More

Novae begins work on $35M manufacturing plant

A utility trailer manufacturer in northeast Indiana broke ground Thursday on a new manufacturing plant. Markle-based Novae LLC is investing $35 million to build a 150,000-square-foot facility and create up to 36 jobs by the end of 2024. ... Read More

Lakeshore Public Media appoints new CEO

Lakeshore Public Media has named Chuck Roberts president and CEO. The company says Roberts’ background includes nearly a decade of experience in financial management, communication, and public media operations at West Virginia Public Broadcasting.... Read More

Interstate Cold Storage marks 50 years

Fort Wayne-based Interstate Cold Storage is celebrating a milestone in 2023. The refrigerated warehouse company will mark 50 years in business this year, going from a one-warehouse operation to five locations in Indiana and Ohio with more than 100 employees.... Read More

IMS receives ‘Responsible Sport’ certification

The Indianapolis Motor Speedway is receiving a silver-level organizational certification through the Council for Responsible Sport. IMS says it is the first sports facility to achieve the certification for positive environmental and social impacts.... Read More

Irving Materials relocating headquarters to Carmel

Irving Materials, a privately held construction materials company that has been based in Greenfield since its founding 77 years ago, plans to relocate its corporate headquarters to Carmel. The company plans to construct a four-story building this year.... Read More

Hillenbrand profit dips in Q1

Batesville-based Hillenbrand is reporting fiscal first quarter net income of $45.5 million, down from $49 million the previous year. CEO Kim Ryan said the company had a "solid start" to the year driven largely by "healthy demand" and recent acquisitions.... Read More

Indiana Members Credit Union makes C-suite promotions

Indiana Members Credit Union is making several leadership changes in an effort to further position itself for continued growth and success. The credit union is making 10 senior leadership promotions, including the appointment of John Newett as its new president and CEO.... Read More