Welch Packaging Expanding in Indy

An Elkhart-based packaging company is expanding its corrugator operations to Indianapolis. Welch Packaging says it is installing a new corrugator line in an existing facility on the city's northwest side and plans to create at least 50 jobs.... Read More

IPS, Fishers Startup to Partner

Indianapolis Public Schools is teaming up with a Fishers-based education tech company. The district says the partnership with AfterSchool HQ aims to increase access to extracurricular after-school activities for students throughout the city.... Read More

Elkhart RV Dealer Open House to Return

Two of the largest RV manufacturers in Indiana are planning to bring back the Elkhart RV Dealer Open House, which was canceled the past two years because of the COVID-19 pandemic. The Elkhart Truth reports Forest River Inc. and Thor Industries Inc. (NYSE: THO) will hold this year’s open house the week of September 26.... Read More

The Speak Easy Names Executive Director

Indianapolis-based coworking space The Speak Easy has hired TJ Wright as executive director. Wright previously worked in the education sector for more than a decade, serving at the K-12 and collegiate levels.... Read More

Greencastle Teen Takes Top Prize

A Greencastle teenager is one of five grand prize winners in New Jersey-based Prudential Financial's (NYSE: PRU) Emerging Visionaries program. Isaac Hertenstein, 16, earned a total of $15,000 for his Students Teaching Finance initiative, in which high schoolers teach K-8 students about financial literacy.... Read More

Finward Bank Reports Profit Dip

Munster-based Finward Bancorp (Nasdaq: FNWD), the parent of Peoples Bank, is reporting first quarter net income of $2.1 million, compared to $4.5 million during the same period last year. Despite the slight dip in profit, the bank says its core earnings and net interest margin remain stable.... Read More

Lilly Grant to Support Rose-Hulman STEM Camps

Rose-Hulman Institute of Technology has received a nearly $650,000 grant from Lilly Endowment Inc. in Indianapolis to support STEM enrichment. The grant is part of Lilly's Indiana Youth Programs on Campus initiative, which supports college- and university-led summer camp enrichment for students who have historically been underrepresented in higher education.... Read More

This Week on Inside INdiana Business with Gerry Dick 4/29/22

Indianapolis-based TechPoint announced the winners of its 2022 Mira Awards. New Albany, Ind.-based startup RxLightning is disrupting the fast-growing specialty medications market with its platform that connects prescribers, specialty pharmacies, manufacturers, hubs, payers and foundations all in one place. Julia Regan explains how the process, which was previously paper-based, is now completely digital, cutting wait times for life-altering therapies. ... Read More

Hoosier Schools Among ‘Best Value Colleges’

Several Indiana higher education institutions are listed among The Best Value Colleges for public and private schools. The Princeton Review says the 209 schools that made its 2022 rankings share three features: stellar academics, affordable cost, and strong career prospects for graduates.... Read More

Horizon Bank Reports Record Q1 Profit

Michigan City-based Horizon Bancorp Inc. (Nasdaq: HNBC) is reporting record first quarter net income of $23.6 million, up from $20.4 million during the same period last year. The bank says the results are attributed to an increase in net interest income and a decrease in credit loss expense.... Read More

Purdue, Duke Explore Advanced Nuclear Power

Purdue University and North Carolina-based Duke Energy (NYSE: DUK) are exploring the feasibility of used advanced nuclear energy to meet the long-term energy needs of the West Lafayette campus. The partners say they will study power generated through Small Modular Reactors.... Read More

JDA Worldwide Acquires The KAIROS Co.

Indianapolis-based JDA Worldwide, a full-service marketing agency, has acquired California-based public relations and strategic communications firm The KAIROS Co. JDA Worldwide says the acquisition will help it scale up to offer a full-range of public relations, government relations and communications services in 2023.... Read More

Larry Bird Museum Project Advances

The Vigo County Capital Improvement Board is expected to receive a final design recommendation next month for the Larry Bird Museum, according to the Tribune-Star. The venue honoring the Indiana State University standout and NBA Hall of Famer will be located inside the new Terre Haute Convention Center that opened three weeks ago.... Read More

Hope for New Opportunities from Vacant Indy School

Plans are in the works to turn a vacant high school on the east side of Indianapolis into a catalyst for the neighborhood by creating a support center for residents. The John Marshall Opportunity Hub would become a source for social services, job training and food security. Indianapolis Public Schools closed John Marshall High School in 2018 due to poor academic performance and dwindling enrollment numbers.... Read More

Muncie Teachers to Receive Raises

The Muncie Community Schools Board of Trustees has approved the largest raises in district history. MCS says teachers will receive the raises starting this fall for the 2022-23 school year.... Read More

Fort Wayne Pump Maker to be Acquired

Ohio-based The Gorman-Rupp Co. (NYSE: GRC) says it will acquire the Fill-Rite business of Tuthill Corp. in Chicago in a $525 million deal. Fill-Rite, based in Fort Wayne, manufactures the Fill-Rite and Sotera brands of liquid transfer pumps, meters and related products at facilities in Allen County and Lenexa, Kansas.... Read More