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
Two Indiana companies are included in Forbes' ranking of "America's Best Small Companies" for 2023. The companies were ranked based on a variety of factors, including earnings growth, sales growth, and return on equity over a 12-month and five-year period.... Read More
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
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
Indiana House lawmakers advanced a bill Monday that could encourage more natural gas in the state and allow utilities to charge ratepayers for a plant before it ever goes online.... Read More
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
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
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
Comcast (Nasdaq: CMCSA) has finalized agreements with the Indiana Office of Community and Rural Affairs to bring $50 million in broadband services to rural areas in 19 Indiana counties.... Read More
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
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
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
A bill mandating that Indiana’s public pension system divest from firms or funds that use certain non-financial investment criteria could slash the system’s returns by nearly $7 billion over the next decade, according to a revised fiscal analysis.... Read More
ITR Concession Co., which manages the Indiana Toll Road, has activated the fourth installation of its Wrong-Way Driver detection and alert system on the Exit 5 eastbound off-ramp in Calumet. The company says the program is an essential safety measure.... Read More
A new survey from INvestEd shows while nearly 90% of Hoosiers see value in postsecondary education, a majority find understanding the full process of paying for college to be difficult. The nonprofit polled more than 1,700 residents throughout the state.... Read More
Purdue agronomy professor Jianxin Ma has been named the first Indiana Soybean Alliance Endowed Chair in Soybean Improvement. The alliance says it established the chair to advance soybean research in areas, such as genome editing and phenotyping.... Read More
A 14-year veteran of the University of Wisconsin System has been named chancellor of IU Southeast. Pending approval by the IU Board of Trustees, Deborah Ford will lead the campus in New Albany, succeeding Kelly Ryan, who is serving as interim chancellor.... Read More
Columbus-based Cummins Inc. (NYSE: CMI) is reporting full-year net income of $2.2 billion, up slightly from $2.1 billion in 2021. CEO Jennifer Rumsey said several acquisitions helped drive increased earnings, including record full-year revenues.... Read More
The city of Fort Wayne has launched the FORT-ify Neighborhood Accelerator through its Community Development Division. The initiative aims to strengthen developing and relaunching neighborhood associations throughout the city.... Read More
A 121-acre tract of farmland in northeast Indiana sold last week for a price well above state averages, according to Columbia City-based Schrader Real Estate and Auction Co. The property in Woodburn sold for $19,984 per acre, totaling $2.4 million.... Read More
