News

Indiana's RV industry is cashing in big time on vacationers hitting the road.  We head to the RV Capital of the World in northern Indiana to see what is driving record sales.... Read More

Indianapolis-based FreshEdge, which owns several produce and specialty food distributors, has acquired City Produce in Florida. While financial terms of the deal were not disclosed, the company says the acquisition of the fresh food distributor strengthens its presence in Florida and southern Alabama.... Read More

Evansville-based CenterPoint Energy Indiana South is opening a new Request For Proposals for a variety of renewable energy resources. The utility says it is seeking a combination of resources such as wind, solar and battery storage, as well as thermal and demand-side resources, to meet the needs of its electric customers in southwest Indiana.... Read More

A Purdue University engineering professor who developed a solar-powered tool to help subsistence farmers preserve food in Africa has been named Indiana and Great Lakes Region Exporter of the Year ... Read More

Indianapolis-based F.C. Tucker Co. says central Indiana continued to see an increase in home prices and housing inventory in April. However, pended home sales in the 16-county region dropped 5.4% compared to the same month last year.... Read More

A New Albany restaurateur and a local real estate developer have proposed building a $3 million downtown mixed-use development to the New Albany Redevelopment Commission. The plans call for a 12,000-square-foot property that would include headquarters for a growing restaurant chain, a restaurant, retail and potentially residential space.... Read More

Michigan-based Teijin Automotive Technologies will Thursday break ground on a $110 million expansion at its manufacturing plant in Huntington. The automotive components manufacturer says the project will add 164,000 square feet of space and create up to 225 jobs over the next several years.... Read More

Ivy Tech Community College's Warsaw campus is partnering with Whitko Community Schools to launch Ivy Tech Academy. Ivy Tech says the academy will offer high school students a dedicated space to attend virtual college classes during the school day.... Read More

A Kentucky-based cryptocurrency startup is looking to transform a portion of the Merom Generating Station in Sullivan County into a crypto mining facility. AboutBit LLC says it is investing $50 million in the project, which will create up to 15 high-tech jobs with the potential for more once the facility is online.... Read More

Merit Tool & Mfg. Inc., which is located in the Delaware County town of Eaton, is investing nearly $140,000 for new equipment. The company, which provides custom machined tooling, gauging, detail parts and assemblies, is purchasing a Vertical Machining Center, a type of CNC controller for milling, drilling, tapping and boring.... Read More

The Indiana Destination Development Corp. is awarding nearly $250,000 to fund 49 public art projects throughout the state. Each organization will receive a non-matching grant of up to $5,000 for a public art project in their community.... Read More

a case competition designed to boost innovation and sustainability in plastics. The 2022 Plastics & Circularity Case Competition will be open to the more than 130,000 Net Impact members to figure out...... Read More

TechPoint, the state initiative to grow Indiana’s technology ecosystem, has received a $750,000 gift from Microsoft Philanthropies to help upskill career-changing adults who want to enter the tech workforce. The nonprofit says the funding will allow it help guide adults towards skills-focused training, as opposed to a traditional college degree.... Read More

The federal Economic Development Administration is awarding a $1.5 million grant to Indiana Tech in Fort Wayne to support workforce training efforts. The funding, which comes from the American Rescue Plan Act, will allow the school to purchase technical equipment that will support 11 engineering- and manufacturing-related certification programs.... Read More

Shareholders of Columbus-based Cummins Inc. (NYSE: CMI) said “no” Tuesday to a proposal to split the duties of chairman and chief executive officer, a dual role currently held by Tom Linebarger. Our partners at the Daily Journal report shareholders rejected the proposal during the company’s annual shareholder meeting.... Read More

The Auburn Plan Commission has given its approval for a planned $42 million sports park. Our partners at WPTA-TV report the vote, which had been delayed for several months, will allow developer Auburn Sports Group to begin work on the project.... Read More

Indianapolis-based Duke Realty Corp. (NYSE: DRE) says the $24 billion offer from logistics real estate firm Prologis Inc. (NYSE: PLD) to acquire the business is “insufficient.” ... Read More

The Indiana Department of Education has announced a partnership with 69 schools throughout the state to launch programs that will provide coaching to teachers in reading or STEM subjects. The IDOE is deploying $20 million from the second round of the Elementary and Secondary School Emergency Relief Fund to cover the full cost of programming for the 2022-2023 school year.... Read More

Louisiana-based The Purple Guys, a provider of managed IT services, has completed the acquisition of Accelerate, an Indianapolis-based IT services provider. While financial terms of the deal were not disclosed, The Purple Guys says the acquisition expands its presence in the central U.S. and provides additional resources and support for clients.... Read More

enFocus Inc. was started a decade ago to bring a greater entrepreneurial spirit to northern Indiana. The South Bend-based nonprofit, which also has an office in Elkhart, connects recent graduates with local organizations to tackle tough challenges while also focusing on its mission to attract, develop and retain talent in the region. ... Read More