A spin-off of Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) has announced plans to locate its global headquarters in Fishers. BiomEdit LLC, which focuses on microbiome innovation in animal health, says the city will best support its approach to research and development.... Read More
The development firm behind the planned $20 million redevelopment of Lafayette Square Mall in Indianapolis plans to close the property over a three month period to further renovation efforts. Sojos Capital says the move will bring the Window to the World transformation to fruition more quickly.... Read More
Indianapolis-based F.C. Tucker Co. says central Indiana continued to see an increase in home prices and housing inventory in May. Pended home sales in the 16-county region dropped 2.2% compared to the same month last year.... Read More
The Indiana University Board of Trustees has approved a $4 billion operating budget for the 2023 academic year. The budget, which was approved at the board's June meeting, includes a compensation increase for employees.... Read More
Fort Wayne-based 3Rivers Federal Credit Union is planning to expand in central Indiana. The credit union says it will invest $7.5 million to build three branch locations in Muncie, Pendleton, and Fortville.... Read More
Indiana Commissioner for Higher Education Chris Lowery says it will take an aggressive, “all hands on deck” approach for the state to reverse a steep decline in the number of Hoosier high school graduates attending college.... Read More
An Indianapolis-based manufacturer of LED lighting fixtures is expanding operations to Ripley County. IKIO LED Lighting LLC says it will invest $25 million to establish a manufacturing and warehousing facility in the Batesville Industrial Park and create 30 jobs over the next five years.... Read More
A Pittsburgh-based development and management company has broken ground on a 210,000-square-foot facility at the River Ridge Commerce Center in Charlestown. MR3 Development says it is marketing the industrial building for use by a manufacturing, technology, e-commerce or food production businesses.... Read More
Federal, state and local officials will be on hand Monday to break ground on the much anticipated South Shore Double Track project. The $649 million project will add a second, 16.9-mile track next to the existing line between Gary and Michigan City.... Read More
Indiana tourism officials are betting big on efforts to bring more visitors to the state, in part with a campaign they hope will set the stage for a significant funding increase from the General Assembly next year.... Read More
The Muncie-based Ball Brothers Foundation has announced funding for 33 projects. The more than $2.4 million in funding includes projects dealing with soil and water quality, watershed planning and water recreation.... Read More
The creator of a southern-themed restaurant took top honors in Thursday's Pitch Black competition hosted by Launch Terre Haute. Tawana Hemphill was awarded a $2,000 cash prize, in addition to a variety of services to help her get Kiss of the South up and running. ... Read More
The Ball State University Board of Trustees has approved a freeze on room and board and parking fees for the second consecutive year. The university says the move is part of an effort to keep costs affordable for students in the 2022-2023 academic year.... Read More
Indiana’s unemployment rate remained at 2.2% for the month of May. The Indiana Department of Workforce Development says the state added more than 16,000 jobs last month.... Read More
Attorney General Todd Rokita says Indiana will receive $2.9 from software company Intuit (Nasdaq: INTU) over alleged deceptive advertising for its TurboTax program. Indiana’s settlement is part of a $141 million settlement with all 50 states and the District of Columbia.... Read More
Jasper-based German American Bancorp (Nasdaq: GABC) has agreed to settle a class action lawsuit that alleged the bank overcharged customers for overdraft fees. The bank has agreed to pay more than $3 million to the plaintiffs, though it denies any wrongdoing.... Read More
A “blank check company” headed by local medical-software businessman Bradley Bostic announced Thursday that it plans to merge with Newport Beach, California-based medical tech firm Excelera DCE in a deal valued at $459 million.... Read More
The Indiana Broadband Office has designated Pike County as an official Broadband Ready Community. The Broadband Ready Communities Program aims to encourage broadband development throughout the Hoosier State.... Read More
A report from the Greater Cleveland Sports Commission on the economic impact of the 2022 NBA All-Star Game could bode well for Indianapolis when it hosts the game in 2024. ... Read More
Top Story: Higher Education Chris Lowery, Commissioner, Indiana Commission for Higher Education Inside INnovation: ShipSigma Chase Flashman, Co-Founder and CEO, ShipSigma Around INdiana: Long’s Bakery Mary-Rachel Redman, Inside INdiana Business Business Spotlight: Megaprojects Larry Gigerich, Executive Managing Director, Ginovus (i)on Education: Marian University Prep School Elisha Schlabach, Head of School, Marian University Preparatory School Inside […]... Read More
