Indy YMCA lands gift for sports complex

The Arthur R. Baxter YMCA in Indianapolis has received a $1 million gift from an anonymous donor. The YMCA said Tuesday the funding will support the construction of an outdoor sports complex that, when open, will serve the entire community.... Read More

Farmer economic outlook shows slight gain

Farmers entered 2023 with a slightly more positive outlook of the economy, according to recent results from the Purdue/CME Group Ag Economy Barometer. The index rose four points above the December outlook to a reading of 130. ... Read More

Berry streamlines mold tooling process

Evansville-based Berry Global Group Inc. (NYSE: BERY) has consolidated its global tooling division, a step the packaging manufacturer says will streamline plastics production capabilities for its clients. The company operates ten tooling facilities around the globe that develop customer-specific molds used at Berry manufacturing facilities.... Read More

Hillenbrand invests $200K in Batesville

Batesville-based Hillenbrand Inc. (NYSE: HI) is establishing a community fund that will award a total of $200,000 to local organizations over the next four years. The newly-created Hillenbrand Partner with Possibility Fund will contribute $50,000 per year to support Batesville organizations.... Read More

New arts space planned for Gary State Bank tower

A new arts space and creative incubator is set to open in downtown Gary. Our partners at The Times of Northwest Indiana report Steel Studio is located in the Gary State Bank tower and will host exhibitions, performances and artist studios and workspaces.... Read More

IPS moving ahead with part of Rebuilding Stronger plan

Indianapolis Public Schools will implement only part of its massive Rebuilding Stronger plan after the school board failed to place an operating referendum on the May ballot. Superintendent Aleesia Johnson called the postponement “an unfortunate delay.”... Read More

Purdue economist explores online shopping impact

While the explosive growth of online shopping has changed the retail landscape, an economics professor at Purdue University says it may not be all “doom and gloom” for brick-and-mortar retail stores. Lindsay Relihan, who is an assistant professor of economics in the Mitchell E. Daniels School of Business at Purdue, has conducted research to examine the impact to physical storefronts.... Read More

Kimball doubles quarterly profit, hits record sales

Jasper-based Kimball Electronics is reporting fiscal second quarter net income of $10.7 million, up from $5.1 million during the same period the previous year. The company's quarterly net sales also increased 39% to more than $436 million, a quarterly record.... Read More

READI grant helps fund Loogootee park project

The city of Loogootee is making plans for a new gathering space in its downtown, thanks in part to the state’s $500 million Regional Economic Acceleration and Development Initiative. Our partners at WTWO-TV report the community will receive a $225,000 grant as part of the Indiana Uplands region allotment of $30 million.... Read More

Regenstrief Institute names new CEO

The Indiana University School of Medicine has selected Dr. Rachel Patzer as the next president and chief executive officer of the Regenstrief Institute. Patzer succeeds Dr. Peter Embi, who left Regenstrief in late 2021 for a position at Vanderbilt University.... Read More

16 Tech awards grants to 11 Indy-area projects

Indianapolis-based 16 Tech Community Corp. is awarding $325,000 in grants to 11 resident-endorsed projects that directly benefit the vitality of nearby neighborhoods. The nonprofit says grants were awarded from two funding pools: the innovation pool funded requests up to $25,000, and the impact pool funded requests up to $100,000.... Read More