Keystone Group says it will break ground on its Eleven Park mixed-use development in May. The developer also released new details about the $1 billion downtown project, including renderings that place its 20,000-seat soccer stadium along the White River.... Read More
When Mandy Chick isn’t racing from class to class at Rose-Hulman Institute of Technology, the mechanical engineering major has stockcar racing on her mind, especially this weekend. The full-time student will be driving at the famed Daytona International Speedway, competing in the ARCA Menards Series.... Read More
Tens of thousands of tech layoffs have been announced nationwide. Is a different story emerging in Indiana? We'll take a look at the state of the Hoosier tech sector for 2023.... Read More
The board of directors for Indiana Electric Cooperatives on Thursday announced John Cassady as the association's next CEO. Cassady currently serves as executive vice president of member and stakeholder relations for the Wabash Valley Power Alliance.... Read More
Columbus-based Cummins Inc. (NYSE: CMI) is in negotiations with a global automotive supplier in France to acquire part of its commercial vehicle exhaust aftertreatment business. Faurecia said Thursday the deal, if completed, would be valued at more than $160 million.... Read More
Indianapolis-based software company Zylo Inc. has closed on an additional $5 million in Series C funding. The company's platform is designed to help customers manage their Software-as-a-Service subscriptions.... Read More
Construction is underway on Hobbs Station, a $300 million mixed-used community in Plainfield. The developer, Indianapolis-based New City Development, says the first phase will include 300 apartments, 98 single-family homes, and 30,000-square-feet of retail and restaurant space. ... Read More
Whether they are downsizing their office in the post-pandemic era of remote and hybrid work, holding steady or even expanding their space, downtown Indy law firms say they have good reasons for wanting to remain in the heart of the city. ... Read More
Don Schumacher Motorports Precision Manufacturing announced plans Thursday for a $10.5 million expansion in Brownsburg that is expected to result in 42 new jobs.... Read More
With tax season underway, an accounting professor at Purdue University says the country is facing a shortage of certified public accountants. "Over the past several years, enrollment in accounting programs has been declining," said Troy Janes.... Read More
Technology that measures blood hemoglobin through a smartphone has earned top honors for a Purdue University biomedical engineering researcher. Professor Young Kim, founder and chief science officer of digital health startup HemaChrome, won phase 1 of National Institutes of Health competition.... Read More
Indianapolis-based Motor has closed on a $7 million Series A round of funding. The company, which has developed an electric vehicle subscription platform, said this month it will use the funding to refine the platform and expand into new markets.... Read More
Ivy Tech Community College Fort Wayne and Warsaw was recently awarded a $40,000 grant to improve its curriculum to better train and attract workers for the advanced manufacturing jobs of the future. The grant was awarded by the American Association of Community Colleges, but funded by General Motors Corp. (NYSE: GM).... Read More
South Bend-based AM General will be hiring “hundreds” of additional workers and investing millions of dollars after winning a contract from the U.S. Department of Defense to produce Joint Light Tactical Vehicles (JLTV). WNDU-TV in South Bend is reporting AM General will be expanding and adding manufacturing equipment to its plant in Mishawaka, ... Read More
The IU Kelley School of Business has received the 2023 Model Entrepreneurship Program Award. The award "honors the institution with the most comprehensive, high-quality educational program that successfully trains future generations of entrepreneurs."... Read More
Tensions rose at the Indiana Statehouse Wednesday after a bill targeting materials deemed “harmful to minors” in school libraries was rolled back — and then amended again — in committee. Language in the original version of the bill sought to remove...... Read More
The owner of Lawrence-based beer distributor Monarch Beverage Co. plans to spend $73 million to develop a new facility for the company on the east side of Indianapolis. Illinois-based Reyes Beverage Group has partnered with Carmel-based developer Lauth Group Inc. to build a 450,000-square-foot facility on former Ford Visteon site,... Read More
Indiana judges will have the discretion to allow news media to broadcast court proceedings under a rule amendment that will take effect in May. Effective May 1, the Code of Judicial Conduct will allow judges to authorize...... Read More
Purdue University has announced plans to construct a pilot-scale aquaponics system on campus to produce tilapia and lettuce. The university has received a five-year, $10 million grant from the U.S. Department of Agriculture to help cover some of the costs.... Read More
The Southwest Indiana Regional Development Authority has announced seven additional economic development products will receive funding from the region’s share of the state’s $500 million Regional Economic and Acceleration Development Initiative. The RDA says the additional $6 million distribution brings its total allocation to $41 million.... Read More
