Steel Dynamics reports record Q2 results

Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) is reporting record second quarter net income of $1.2 billion, compared to $712 million during the same period last year. Chief Executive Officer Mark Millett says despite softening hot roll coil steel pricing, the company saw record quarterly steel shipments of 3.1 million tons based on solid steel demand from the automotive, construction, and industrial sectors.... Read More

Glick Philanthropies awards $1.8M to 34 organizations

Indianapolis-based Glick Philanthropies is awarding grants totaling more than $1.8 million to 34 organizations in central Indiana. Glick says the recipients are focused on supporting arts and creative expression, advancing education, helping those in need, and promoting self-sufficiency.... Read More

Keystone RV to close two Goshen facilities

Goshen-based Keystone RV Co. is planning to close two of its production facilities in the Elkhart County city. In a notice to the state, the recreational vehicle manufacturer says more than 330 employees will be affected by the move.... Read More

Craft Work Capital invests in Greenwood’s Sexson Mechanical

New Jersey-based Craft Work Capital Investments LLC has completed a controlling investment in Greenwood-based Sexson Mechanical Co., the firm announced this week. Craft Work says Sexson will remain under its current name, led by President Corey Stein, who has been with the company for more than a decade.... Read More

New Fusion 54 director named

The city of Crawfordsville has named Sarah Campbell the new director of operations for Fusion 54, the city’s collaborative co-working studio. Campbell most recently served as assistant director for front desk operations at Indiana State University.... Read More

Penske Logistics details Shelbyville warehouse transition

Pennsylvania-based Penske Logistics LLC says a change in operation of a Kroger warehouse facility in Shelbyville will affect more than 500 employees. In a notice to the state, the company says Kroger, which owns the building, will take over operation of the facility in September.... Read More

AT&T planning broadband projects for nine counties

Indiana and AT&T are collaborating to bring a fiber network to more than 6,000 homes, businesses and farms throughout the state. The $13 million project, which is contingent on a final contract between the state and AT&T, would bring high-speed broadband to portions of nine counties.... Read More

Education, workforce among priorities for Lubbers

Teresa Lubbers says when she stepped down as Indiana's commissioner for higher education, she wasn't necessarily looking for a full-time job, but she did want to continue making contributions to the state. Lubbers on Tuesday was announced as the new president of Indianapolis-based think tank Sagamore Institute, succeeding Jay Hein, who was named the organization's first CEO. ... Read More

Tort claim filed against Rokita

An attorney representing the doctor who oversaw the abortion procedure of a 10-year-old rape victim filed a tort claim notice Tuesday against Attorney General Todd Rokita.... Read More