A team of two local developers planning a $79 million apartment project just north of downtown is asking city officials to consider waiving a significant portion of their property taxes over a decade.... Read More
Elkhart-based LCI Industries is reporting record full-year net income of $395 million, up from $288 million during 2021. CEO Jason Lippert says diversification and staffing actions helped mitigate the impact on earnings.... Read More
Noblesville-based JRNY Counseling is partnering with Hall of Fame Health to provide mental health services to former professional football players and their families. HOFH is an initiative affiliated with the Pro Football Hall of Fame established in 2020.... Read More
A business incubator and education hub in Union City is the first recipient of funds disbursed from the East Central Indiana Regional Partnership’s portion of the state’s $500 million READI program. The Vision Corner Learning Center in Randolph County will receive $400,000 that will help pay for exterior and interior building improvements.... Read More
Patty Martin, president and CEO of BioCrossroads since 2019, said Tuesday she plans to step down from the organization in April to examine opportunities in the private sector. The not-for-profit organization did not name a successor.... Read More
Trine University continues to see increases in enrollment. The university says its recently completed official spring enrollment topped 9,000 for the first time in its history.... Read More
The Indianapolis Colts have hired Philadelphia Eagles Offensive Coordinator Shane Steichen as its new head coach, hoping to turn around a franchise that went 4-12-1 last season. Steichen has been an NFL coach for 12 years.... Read More
West Lafayette-based Inotiv is reporting a fiscal first quarter net loss of $86.9 million. CEO Robert Leasure said the pharmaceutical testing company had some unexpected challenges during the quarter that are being addressed.... Read More
Westfield is the latest central Indiana community to join an economic development group whose purpose is to increase regional collaboration and the ability to apply for grant funding.... Read More
The popular economic development tool used by Hoosier cities and counties, known commonly as TIF districts, will face additional scrutiny under a proposal from Rep. Bob Cherry, R-Greenfield. “We’re trying to have some transparency,” Cherry said during a committee hearing on Monday. “We don’t want to hurt TIF but we want to make sure it’s working.”... Read More
Indianapolis-based TechPoint on Tuesday unveiled the nominees for its 24th annual Mira Awards, honoring the "Best in Tech" in Indiana. The 78 nominees were chosen from a record number of entries and represent almost all regions of the state.... Read More
The Indiana Association of Realtors says the Hoosier housing market is beginning to stabilize but challenges still exist. The organization says 4,158 existing homes were sold statewide during the first month of 2023, a 26% decline compared to January 2022.... Read More
The results of a monthly survey conducted by the Purdue University’s Center for Food Demand Analysis and Sustainability show food costs are up 19% from a year ago. However, the Consumer Food Insights Report shows shoppers are taking steps to keep their food budgets in check... Read More
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
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
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
New York-based Meritus Gas Partners has closed on its acquisition of Arizona-based MagneGas Welding Supply – South LLC. The deal involves a fill plant and specialty gas laboratory in Texas, as well seven retail locations, including one in Huntington.... Read More
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
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
Franklin College has dedicated its Center for Tech Innovation on campus. The college says the CTI serves as the hub for its newly-created digital fluency initiative, providing collaboration and workspace for students, faculty and staff.... Read More
