Officials with Fort Wayne UNITED and Mayor Tom Henry have announced they are looking for a new executive director. The move follows the departure of the Iric Headley, who has accepted a position with Fort Wayne-based Surack Enterprises.... Read More
Lutheran Health Network is forming a joint venture with Pennsylvania-based Select Medical Corp. to provide inpatient rehabilitation and critical illness recovery care in Fort Wayne. The joint venture plans to build a new specialty hospital in the city.... Read More
Jasper-based MasterBrand Cabinets is the highest-ranked Hoosier company, coming in No. 3 overall. FDMC says the company generated an estimated $3.3 billion in 2022 sales volume. System-wide, it employs 14,000 people and operates 20 plants throughout the U.S. and Mexico. Five of the plants are in Indiana.... Read More
U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the financial system.... Read More
Three bills sponsored by Rep. Ed Soliday, R-Valparaiso, could soon move to Gov. Eric Holcomb’s desk for a final signature after passing the Indiana House on Monday.... Read More
Indianapolis-based software startup Elate Inc., which launched its first product in August 2021, has closed on a $4.9 million venture capital investment, the company announced Tuesday.... Read More
Indiana University Athletics and IU Ventures have launched a new initiative to help develop a sports technology sector that seek to develop a pipeline of venture backable sports-focused startups.... Read More
A Goshen-based company is adding to its portfolio. Genesis Products, which manufactures laminated panels, wood components and custom molded products, has acquired Funder America Inc. in North Carolina, though financial details were not disclosed.... Read More
The 7th Circuit Court of Appeals has found a northern Indiana construction company in contempt and imposed most of the National Labor Relations Board’s proposed sanctions against the company, including a $192,400 fine.... Read More
The Fulton Economic Development Corp. in Rochester has announced the winners of its fourth annual First Pitch event. The competition featured five teams of students pitching their business ideas to win a total of $1,500 in cash prizes for further development.... Read More
Regional economic development organization Radius Indiana has launched a new educational program to help communities in the eight county region to take steps to fill vacant storefronts in downtowns and create new business opportunities. Spark Downtown is an offshoot of a similar national economic development program, called ReCast Cities.... Read More
Gov. Eric Holcomb joined officials in Gary on Tuesday to announce additional funding for a project made possible through the state's $500 million Regional Economic Acceleration and Development Initiative, or READI. ... Read More
Town of Speedway officials and residents on Monday night learned a development firm involved in its long-delayed Wilshaw hotel project purposefully withheld details of a settlement reached last year with federal securities regulators.... Read More
Gov. Eric Holcomb has made another round of appointments and reappointments to various boards and commissions. They include the Healthy Hoosiers Foundation, Indiana War Memorials Commission and State Employee Appeals Commisions.... Read More
Conexus Indiana has launched a program designed to provide support for student-run businesses at more than a dozen Indiana high schools. Conexus Student Industries is a network of students, teachers and partners in the advanced manufacturing industry.... Read More
Michigan City-based Horizon Bancorp Inc. (Nasdaq: HBNC) says it received a letter from the Nasdaq Stock Market after failing to file an annual year-end report to the U.S. Securities and Exchange Commission by the March 1 deadline. Horizon says the notice has “no immediate effect” on the company’s listing on the exchange.... Read More
Officials from the Indiana First READI Region have provided updates on nearly two dozen economic development projects receiving READI funding. The region said Friday its $15 million allocation will leverage about $153 million in additional investment.... Read More
Indiana's unemployment rate remained steady at 3.1% in January. The Indiana Department of Workforce Development said Monday private sector employment increased by 12,600 jobs.... Read More
With the Purdue Boilermakers and Indiana Hoosiers both in the NCAA Division I Men’s basketball tournament this year, gaming analysts are expecting a big month for the state’s legalized sports betting industry. Last month, college hoops and the Super Bowl pushed the Indiana sports book to $356 million.... Read More
Kroger Health has formally opened a new central fill pharmacy facility in the River Ridge Commerce Center in Jeffersonville. The $25 million facility handles prescription refill orders in support of about 160 Kroger pharmacies.... Read More
