Wabash River RDA announces READI-funded projects

The Wabash River Regional Development Authority is awarding a total of $20 million to 24 regional projects through Regional Economic Acceleration and Development Initiative funding. The RDA says the projects, which span Clay, Knox, Parke, Sullivan, Vermillion, and Vigo counties, support the region’s quality of life and talent attraction.... Read More

Sullivan County solar projects receive tax abatements

The Sullivan County Redevelopment Committee has approved tax abatement requests on two solar farm projects from Chicago-based Invenergy. Our partners at WTHI-TV report the solar farms, named Fairbanks Solar and Trade Post Solar, are projected to bring in $500 million in direct investment and more than $225 million in local taxes and landowner payments.... Read More

IHCDA awards affordable housing credits, bonds

The Indiana Housing and Community Development Authority has announced that four developments are receiving awards from the Low-Income Housing Tax Credit program. The IHCDA says the funding will be used to incentivize private developers to fund construction, acquisition and rehabilitation of affordable housing communities in the Hoosier State.... Read More

This Week on Inside INdiana Business with Gerry Dick 6/24/22

Top Story: Mitch Daniels Mitch Daniels, President, Purdue University Mitch Daniels stepping down as President of Purdue. Remembering his numerous accomplishments and a candid conversation with him about what’s next. Around INdiana: South Shore Double Track Groundbreaking Mary-Rachel Redman, Inside INdiana Business Riding the rails in northwest Indiana taking a new direction. Details on how […]... Read More

Keller Williams to open second Fort Wayne office

Texas-based Keller Williams Realty Group will Friday cut the ribbon on it second Fort Wayne location. The real estate company says the expansion is part of a broader growth strategy which could include additional offices throughout northern Indiana "in the coming years."... Read More

E-REP names talent pipeline lead

The Evansville Regional Economic Partnership has named Tyler Stock executive director of Talent EVV and director of talent for E-REP. Stock will be responsible for leading and growing the Evansville region’s strategic development plan to attract and retain talent.... Read More

STAR Financial Group names new president

Fort Wayne-based STAR Financial Group has selected Kristin Marcuccilli as president. The parent of STAR Financial Bank says Marcuccilli will succeed Tom Marcuccilli, who has served as the bank's president and chairman for nearly 40 years.... Read More

Ivy Tech introduces two new scholarships

The Ivy Tech Foundation at Ivy Tech Community College Fort Wayne and Warsaw has received an endowed gift from the estate of Mark M. Suedhoff. The $2.2 million gift will establish The Mark M. Suedhoff Endowed Success Scholarship and The Mark M. Suedhoff Endowed Scholarship – Chancellor’s Merit Award.... Read More

Columbia City’s Breyden Products acquired

Columbia City-based Breyden Products Inc. has been acquired by private investment firm Auxo Investment Partners, headquartered in Michigan. While financial terms of the deal were not disclosed, Auxo says Breyden Products will operate under the Precision Products Group platform and brand.... Read More

Tradition continues for Indy doughnut staple

In March, Long's Bakery on the near west side of Indianapolis was named to Thrillist's list of "The 32 Best Donut Shops in America." The Indy staple has been a must stop for locals and out-of-towners alike for over six decades. The third generation of the Long family is currently operating the bakery, and pretty soon, the next generation will take over.... Read More

University of Illinois to study carbon capture at Gary steel mill

U.S. Steel's Gary Works will be examined by the University of Illinois as part of its study on carbon capture. Our partners at The Times of Northwest Indiana report the study, which is being funded through a $3.5 million grant from the U.S. Department of Energy, is part of decarbonization efforts to combat climate change.... Read More

Alacrity Solutions Group buys Texas appraisal firm

Fishers-based Alacrity Solutions Group LLC, a provider of insurance claims management services, has acquired Property Damage Appraisers in Texas. While financial terms of the deal were not disclosed, Alacrity says the acquisition expands its suite of services within the insurance industry.... Read More