Indianapolis-based Eli Lilly and Co. (NYSE: LLY) and EVA Pharma, an Egypt-based healthcare product manufacturer, are collaborating to deliver sustainable and affordable insulin to people in Africa and other low- to middle-income countries.... Read More
More holiday concerts featuring the Fort Wayne Philharmonic have been canceled, stemming from an ongoing strike involving orchestral musicians.... Read More
Auburn-based farm accounting software company Traction Ag Inc. is partnering with CropZilla, a farm machinery management software company located in Ohio. The companies say the joint venture will give farmers a better understanding of equipment productivity, costs and replacement needs.... Read More
Hillenbrand has reached an agreement to sell its storied Batesville Casket Co. to an affiliate of a Connecticut-based private equity firm for $761.5 million. The deal is expected to close in the first quarter of 2023, provided it clears all regulatory hurdles.... Read More
Terre Haute Mayor Duke Bennett conveys optimism in his voice when talking about the new convention center in the downtown area, and how it is serving as an economic catalyst. ... Read More
The Capital Improvement Board of Marion County has authorized $3.7 million to replace the carpeting in the Indiana Convention Center for the first time in more than a decade. The new carpeting will be installed throughout the facility’s public spaces.... Read More
Fort Wayne-based Allied Payment Network Inc. is appointing a new CEO. Geoff Knapp succeeds Allied founder Ralph Marcuccilli, who will transition to the role of chairman of the board.... Read More
A Brown County couple with a longstanding relationship with Purdue University has given the school a $10 million gift to advance cancer research for both humans and pets. The funding from Evan and Sue Ann Werling will help with the establishment of the Comparative Oncology Research Center named in their honor.... Read More
Indianapolis-based technology company VisionThree is partnering with the city of Crawfordsville to launch its first V3CONNECT lab at the Fusion 54 coworking space next month. The VR career lab is part of an $80 million effort announced earlier this year.... Read More
Colorado-based Broe Real Estate Group has begun work on a $27 million industrial speculative building at the River Ridge Commerce Center in Jeffersonville. The commercial real estate firm said Wednesday it has completed the land acquisition for the 19.5-acre site.... Read More
Several major investments could come to Sullivan County. Sullivan County Commissioners on Tuesday approved economic development agreements with five solar companies and one power plant that combine for over $3 billion worth of investment.... Read More
TCU Insurance Agency, a subsidiary of South Bend-based Teachers Credit Union, has been acquired by PCF Insurance Services for an undisclosed amount. Peter Foy, CEO of the Utah-based firm, says the acquisition will expand PCF's reach in the Midwest.... Read More
The Indiana Chamber of Commerce has crowned the winners of two awards to celebrate the state’s manufacturing industry, ranging from cooked duck to wear-resistant technology.... Read More
Lilly Endowment Inc. has awarded a $675,000 grant to Community-Engaged Alliance, formerly known as Indiana Campus Compact. The organization says the funding will support programs to "prepare college students as the next generation of civic leaders." ... Read More
The Fort Wayne Redevelopment Commission has approved the sale of the Schaab Metal Products building to Schaab Riverfront Plaza LLC, a development team led by Don Steininger.... Read More
Gov. Eric Holcomb has announced a record $22.2 billion in investment from businesses to locate or grow their operations in Indiana. The state says 218 companies made investment commitments this year with plans to add a total of just over 24,000 Hoosier jobs.... Read More
Purdue University Northwest has named Rachel Clapp-Smith dean of the College of Business. Clapp-Smith, a professor of leadership and academic director of PNW's Leadership Institute, has been serving as interim dean of the College of Business since February.... Read More
The Lawrenceburg Redevelopment Commission has received a $600,000 grant from the Indiana Regional Economic Acceleration and Development Initiative (READI) program to put towards the redevelopment of Liberty Theater in the city’s downtown. ... Read More
The National Credit Union Administration has placed Richmond City Employees Federal Credit Union into conservatorship. The agency says the move is in response to "unsafe and unsound practices at the credit union," though specific details were not released.... Read More
Kokomo Mayor Tyler Moore says Tuesday's announcement from Michigan-based Soulbrain MI further solidifies the city's emergence in the electric vehicle battery market. "[It] poises us to be on the forefront of this new technology," Moore told IIB.... Read More
