Metal Recycler Investing in Fort Wayne

A newly-formed international metal recycling firm is bringing a major project to Fort Wayne. The city says Exurban USA Inc. will invest $300 million to build a new facility in the Adams Township Industrial Park and create about 200 full-time jobs.... Read More

German American Bank Reports Profit Dip

Jasper-based German American Bancorp Inc. (Nasdaq: GABC) is reporting first quarter net income of $9 million, down from $19.6 million during the same period last year. The bank attributes the loss to costs associated with its $154 million acquisition of Citizens Union Bancorp of Shelbyville Inc. in Kentucky.... Read More

Record Gift to Launch New Krannert Program

The Krannert School of Management at Purdue University has received a nearly $21 million gift from the Dean and Barbara White Family Foundation, the largest gift in the school's history. In recognition of the gift, the university has announced the launch of the Dean V. White Real Estate Finance Program, an academic minor that will begin this fall.... Read More

Report: Simon, Brookfield Offer to Acquire Kohl’s

Indianapolis-based Simon Property Group Inc. (NYSE: SPG) is reportedly looking to expand its retail ownership footprint. The mall owner and Canada-based Brookfield Asset Management Inc. (NYSE: BAM) are looking to acquire Kohl's (NYSE: KSS) in an $8.6 billion deal, according to the New York Post. ... Read More

UE Names Director of Athletics

The University of Evansville has hired Dr. Kenneth “Ziggy” Siegfried as its new director of athletics. Siegfried joins UE from California State University Bakersfield where he served as director of athletics and associate vice president for student affairs since 2015.... Read More

Indiana Campus Compact Rebrands

Indianapolis-based Indiana Campus Compact has changed its name to Community-Engaged Alliance. The nonprofit says the rebrand allows it to continue supporting place-based community engagement and service-learning initiatives.... Read More

Arts Commission to Offer Arts Integration Training

The Indiana Arts Commission is partnering with the Indiana Department of Education to offer two Arts Integration Learning Labs for K-12 educators and teaching artists. The IAC says the learning labs are designed to empower educator partnerships that will ultimately provide "meaningful arts integration experiences" for students.... Read More

2K League Kicks Off Competition in Indy

The NBA 2K League kicked off in-person competition for its fifth season with The Tipoff tournament at the new NBA 2K League Studio at The Pavilion at Pan Am Plaza in downtown Indianapolis. T-Wolves Gaming from Minnesota took home the trophy at the end of the tournament. ... Read More

University of Evansville Launches ‘Forward’

The University of Evansville has formally launched a comprehensive fundraising campaign. "Forward>>" intends to generate $125 million in donations over the next several years. The school says it has also received $76 million in gifts towards the campaign.... Read More

Lake City Bank Reports Record First Quarter

Warsaw-based Lakeland Financial Corp. (Nasdaq: LKFN) is reporting record first quarter net income of $23.6 million, compared to $23 million during the same period last year. LakelandChief Executive Officer David Findlay says average balances in commercial and retail demand deposit accounts are more than double the levels experienced in March 2020.... Read More