The Northwest Indiana Forum says nine additional economic development projects have been approved to receive funding from the state’s Regional Economic Acceleration and Development Initiative. The organization says the projects are among 34 earmarked for the region’s share of the $500 million READI grant program.... Read More
Goshen College has been designated a Hispanic-Serving Institution by the U.S. Department of Education. The college says the federal recognition will help attract and support Hispanic/Latinx students, as well as support campus-wide improvements.... Read More
The city of La Porte is investing $6 million for upgrades to the historic Civic Auditorium. Our partners at The Times of Northwest Indiana report the renovations are designed to improve comfort for attendees at the 94-year-old venue.... Read More
Storage Solutions Inc., a 45-year-old Westfield-based company, has been acquired by Germany-based Jungheinrich AG for $375 million, the companies announced Wednesday.... Read More
Warsaw-based Lakeland Financial Corp. (Nasdaq: LKFN) is reporting record full-year net income of nearly $104 million, an 8% increase compared to $95.7 million during 2021. The parent of Lake City Bank says the record income represents the first time the company has surpassed $100 million.... Read More
A new Indianapolis-based magazine has launched with a focus on motorsports. Podium Life was unveiled Wednesday at the Rolex 24 of Daytona and aims to spotlight various aspects of racing, including cities, games and technology involved in the motorsports world.... Read More
A group of local chambers of commerce in Grant County has merged into one organization seeking to serve as a catalyst for business development countywide. Greater Grant County Board Chair Scott Miller said the goal is to best utilize resources.... Read More
The University of Evansville has awarded scholarships to three high school students through its annual High School Changemaker Challenge. UE says the challenge, now in its ninth year, is designed to motivate area youth to identify and solve worldwide challenges through innovation and creativity.... Read More
A nonprofit startup accelerator is now overseeing the Trades District in Bloomington. The Mill has signed an Innovation Partnership Agreement to manage the development and marketing of the 12-acre portion of the Bloomington Certified Technology Park.... Read More
Fort Wayne-based Vera Bradley Inc. (Nasdaq: VRA) is shaking up its leadership team, including the departures of three “C-suite” Vera Bradley Brand executives. The move is also resulting in the departure and buyout of the two founders and co-presidents of Pura Vida, the jewelry and accessories brand acquired by Vera Bradley in 2019.... Read More
Dozens of bills are already advancing through committees and legislative chambers halfway through the third week of Indiana’s 2023 session.... Read More
A bill that would create a special prosecutors unit within the Indiana Prosecuting Attorneys Council and would also establish a prosecutor commission similar to the Indiana Public Defender Commission has cleared its first legislative hurdle.... Read More
Fort Wayne-based accounting firm The Hunsche CPA Group is continuing its growth. The firm said Tuesday its two recent acquisitions have led to a relocation of its main offices, and plans are in place to add up to 10 employees over the next two years.... Read More
Bastian Solutions, a Carmel-based subsidiary of Japan-based Toyota Industries Corp., announced plans Tuesday to move its corporate headquarters to a new $130 million corporate campus in Noblesville with a huge manufacturing plant.... Read More
The CEO of New York-based Liberation Labs says locating its first biomanufacturing facility in Richmond brings multiple benefits. The facility will produce alternative proteins, which are used in food products such as almond milk and plant-based meat.... Read More
Four Day Ray Brewing has announced plans to expand operations beyond its current location in the Nickle Plate District in Fishers. The craft brewery says it will open a taproom in the Delaware County town of Yorktown this summer and create 25 jobs.... Read More
One of the Indy area’s largest commercial real estate brokerages has decided to designate Indianapolis as its headquarters city, after decades of being based in South Bend. Bradley Co. is the fifth-largest commercial real estate brokerage in central Indiana.... Read More
A coalition of Indiana organizations are distributing more than 100 kiosks throughout the state that will connect Hoosiers with legal resources and services. They are intended to give residents access to civil legal system resources who don’t have access to reliable internet at home.... Read More
South Bend-based 1st Source Corp. (Nasdaq: SRCE) is reporting record, full-year net income of $120.5 million, compared to $118.5 million the previous year. The parent of 1st Source Bank is also reporting fourth quarter net income of $31 million, compared to $27.7 million during the same period a year ago.... Read More
Walmart said U.S. workers will get pay raises next month, increasing starting wages to between $14 and $19 an hour. CEO John Furner told employees in a memo that the raises will come through a combination of targeted and regular annual pay increases.... Read More
