Christmas tree prices increasing this year

A professor emeritus in the Department of Forestry and Natural Resources at Purdue University, says prices for Christmas trees this year are running between 12% and 24% higher. Daniel Cassens says the increase dates back to the drought in 2012.... Read More

New CEO for 1st Source Bank

South Bend-based 1st Source Corp. (Nasdaq: SRCE) has promoted Andrea Short to chief executive officer of its subsidiary, 1st Source Bank. In addition to her new role, Short will continue as president of the bank.... Read More

Patrick Industries acquires Elkhart manufacturer

Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has completed its acquisition of Transhield, a manufacturer of protective covers for a variety of industries also based in Elkhart. Financial terms of the deal announced Monday were not disclosed.... Read More

Steel Dynamics commits $3M to Trine Fort Wayne

The philanthropic arm of Fort Wayne-based Steel Dynamics has pledged $3 million to support the Trine University Fort Wayne campus. The building, set to open in the fall of 2024, will house programs in the university's College of Health Professions.... Read More

Purdue, Accenture partner on smart manufacturing

Purdue University and Ireland-based professional services company Accenture announced a five-year partnership on Monday. Purdue says the company has committed to provide funding to establish the Accenture Smart Factory on the West Lafayette campus.... Read More

Workforce will be among priorities at Statehouse

As legislators prepare for the start of the 2023 session of the Indiana General Assembly, several issues are expected to dominate debate. First and foremost will be crafting a new two-year state budget as Indiana prepares for a potential economic downturn. ... Read More

Temp space set up for Lafayette Square Mall tenants

The owner of the former Lafayette Square Mall in Indianapolis on Friday opened a pop-up market for mall tenants as work continues on the property's redevelopment. Sojos Capital says the market will be set up at the former Sears building, rent-free for tenants.... Read More

Cosmetic company relocates U.S. operations to Hobart

United Kingdom-based cosmetic manufacturing company Orean Personal Care Ltd. has relocated its U.S. operations from Illinois to Hobart. Our partners at The Times of Northwest Indiana report the company plans to hire up to 120 employees by the end of 2023.... Read More

Tech association outlines legislative priorities

The Indiana Technology & Innovation Association on Tuesday released its policy priorities for the 2023 legislative session. The organization plans to focus on topics including expanding access to capital and fueling tech job growth and entrepreneurship.... Read More