The city of Muncie has received grant funding from the statewide Regional Economic Acceleration and Development Initiative. The city says the funding, which comes from the East Central Indiana Regional Partnership's $15 million allocation, will support neighborhood infrastructure improvements.... Read More
Governor Eric Holcomb has made several appointments to various state boards and commissions. They include the Board of Trustees of Indiana State University, Early Learning Advisory Committee, and Indiana State Board of Nursing.... Read More
Michigan-based electric vehicle startup, Electric Last Mile Solutions (Nasdaq: ELMS), which aimed to manufacture electric delivery vans in St. Joseph County, is filing for Chapter 7 bankruptcy. ... Read More
U.S. News & World Report has released its annual ranking of the Best Children's Hospitals in the country. While there are no Indiana hospitals in the overall top 10 ranking, Riley Hospital for Children in Indianapolis is ranked in multiple specialty categories, including urology, cardiology and pulmonology.... Read More
Indianapolis-based Emmis Communications Corp. announced Monday an agreement to sell the radio stations in its home market—including longstanding local stalwart WIBC-FM 93.1 —to Maryland-based Urban One, which already owns several local stations.... Read More
Kentucky-based Tempur Sealy International Inc. (NYSE: TPX) is hosting a job fair Tuesday and Wednesday in Crawfordsville. The bedding products manufacturer is looking to fill up to 30 jobs for its recruitment and training center as it prepares for the opening of a 700,000-square-foot foam pouring manufacturing facility.... Read More
Purdue University Northwest is establishing a new Center for High Energy Physics. PNW says the center will leverage its existing particle and high energy physics research and community outreach programs, while promoting the university's status within the world of physics research.... Read More
Revenue from Indiana's casinos fell for a second consecutive month in May as inflation reached a four-decade high and Hoosiers faced ever-higher prices for gas, food and most other goods.... Read More
Following an investigation of the maintenance and marketing of real estate-owned properties in Indianapolis, Fair Housing Center of Central Indiana has announced plans to award grant funding for Indianapolis neighborhoods of color impacted by foreclosure.... Read More
Indianapolis-based Thompson Thrift Commercial is expanding into the industrial sector. The real estate development company says Chris Alexander will lead the newly-established business sector with his promotion to senior vice president of industrial development.... Read More
San Francisco-based Prologis Inc. (NYSE: PLD) has inked an agreement to acquire Duke Realty Corp. (NYSE: DRE) in Indianapolis in a $26 billion all-stock deal. The logistics real estate firm says the boards of directors for both companies have unanimously approved the acquisition.... Read More
Richmond-based Reid Health has broken ground on a 20,000-square-foot healthcare facility in Franklin County.... Read More
Ivy Tech Community College is partnering with IndyGo to offer an avenue towards a new technical certification in diesel technology. The college says the partnership, which also involves the Amalgamated Transit Union Local 1070, gives more students options to pursue a credential or degree that will provide a high wage, in-demand career in Indiana’s workforce.... Read More
Purdue University has received two donations that it says will boost pharmaceutical studies and research at the West Lafayette campus and improve the manufacturing process of drugs emerging from biotechnology research. ... Read More
Nebraska-based Valmont Industries Inc. (NYSE: VMI) held a ribbon-cutting ceremony at its new, $30 million utility pole plant in Elkhart County. The Elkhart Truth reports the 75,000-square-foot facility in Bristol produces concrete utility poles.... Read More
The pandemic caused the percentage of Indiana high school graduates pursuing college or other post-secondary training to fall by six percentage points, to 53%, in 2020, the state's Commission for Higher Education said.... Read More
From escalating energy prices to a crisis in the food supply chain, the war in Ukraine continues to have widespread impact on the global economy. Can Indiana agriculture play a role in long term solutions?... Read More
Carmel-based Syra Health Corp. is expanding in Hamilton County. The company, which provides professional services in the healthcare and life science industries, has more than doubled the size of its office space and plans to add 65 jobs over the next year.... Read More
Trine University in Angola says it is investing $16 million to expand and equip one of its academic buildings to accommodate the school’s growing health sciences program. ... Read More
Minnesota-based Living Greens Farm is investing $70 million to establish a 200,000-square-foot indoor aeroponic farm in Delaware County. The high-tech farm in Muncie will eventually create 120 full-time jobs once operation. ... Read More
