Officials in Evansville are taking another look at what was supposed to be a $67 million redevelopment project in the city's downtown. Indianapolis-based Domo Development Co. originally planned to construct two multi-story buildings at the site of the former 420 Main Building, which was imploded last November. However, Mayor Lloyd Winnecke says the project is now being reimagined due to rising costs caused by inflation.... Read More
Indiana Black Expo says it is expanding its Black Business Training Institute to meet demand for the business management training. The Indianapolis-based organization is adding 95 seats to the training program, which will now accept a total of 120 business owners into its inaugural cohort.... Read More
Sarah Hempstead, chief executive officer and principal at Indianapolis-based architecture firm Schmidt Associates, is one of 10 recipients nationally of Junior Achievement USA's Gold Leadership Award. The award recognizes the recipients' volunteer service with JA during the 2020-2021 academic year.... Read More
Indianapolis-based Allison Transmission (NYSE: ALSN) has completed the acquisition of India-based AVTEC Ltd.’s off-highway transmission and component machining businesses. The cash deal, which was first announced in September, is valued at $23 million.... Read More
The Indiana Department of Workforce Development, along with the Indiana Commission for Higher Education and Indiana Business Research Center, have received a $750,000 grant as a first-round winner of the Democratizing our Data Challenge. The challenge aims to improve the connection between education and workforce data systems.... Read More
Purdue University's Agricultural and Biological Engineering AgrAbility Program has received $2.1 million in funding for the National AgrAbility Project. In addition, the university has received $720,000 for the Indiana AgrAbility Project from the U.S. Department of Agriculture and National Institute of Food and Agriculture.... Read More
The executive vice president and director of economic development for One Southern Indiana has announced his retirement... Read More
Elkhart-based THOR Industries (NYSE: THO) is divesting its digital application business, TH2Connect LLC, in a deal valued at $81 million. The platform, which operates as Roadpass Digital, consists of multiple applications that help RV owners find campgrounds, plan road trips, and locate overnight parking.... Read More
Two Dads who were looking for a hassle-free way to get children to take vitamins launch a company in Indy.... Read More
A ranch-style residential assisted living facility could soon come to Crown Point. Our partners at The Times of Northwest Indiana report Caring Villa would house up to 12 residents providing 24-hour assistance that owner Jenna Wheeler says would give better support than "big box facilities."... Read More
Keith Krach, former Under Secretary of State and current chairman of the Institute for Tech Diplomacy at Purdue University, has been nominated for the 2022 Nobel Peace Prize. Krach is a former chair of the Purdue Board of Trustees and former chairman and chief executive officer of California-based DocuSign (Nasdaq: DOCU).... Read More
Indy Premier Soccer Club has announced plans for a more than 52,000-square-foot facility in the Washington Business Park in Noblesville. Business Director Matt Quinn tells our partners at the Indianapolis Business Journal the new location will triple the amount of turf space it currently has at its Crosspoint facility in Fishers.... Read More
With the airline industry recovering from the pandemic, there is increased demand for pilots. Greenwood-based Jeff Air Pilot Services is responding by hosting a career fair Saturday at its facility at the Indy South Greenwood Airport.... Read More
Fire heavily damaged a century-old hardware store and lumber yard that abuts a southern Indiana city’s historic downtown square, authorities said. Firefighters arrived at the scene in Scottsburg late Wednesday evening to find heavy flames coming from the roof of the Vail True Value Lumber Co. building.... Read More
The Anthem Foundation in Indianapolis and Virginia-based CHC: Creating Healthier Communities have announced a three-year $7 million grant partnership focused on reducing preterm births among Black women. The partners say the initiative will use racial and cultural measures of stress to screen thousands of expectant Black mothers in Indiana, Ohio and Georgia.... Read More
The U.S. Department of Defense has awarded a $222 million contract to ERAPSCO in Columbia City and Lockheed Martin Corp. (NYSE: LMT) in Virginia. The contract is a price modification to a previously-awarded contract which calls for the production of 18,000 sonobuoys for the U.S. Navy.... Read More
Indiana manufacturers say the pandemic is no longer threatening their businesses, but many report challenges in the supply chain and surging demand have increased in recent months, according to a new survey. The "2022 Indiana Manufacturing Survey: Back to Work," was conducted by Indianapolis-based Katz, Sapper & Miller in partnership with the Indiana University Kelley School of Business and the Indiana Manufacturers Association. The survey shows 45% of respondents have seen a surge in demand, while 81% are experiencing supply chain shortages.... Read More
The city of West Lafayette has joined a growing list of communities to offer incentives to encourage remote workers to relocate there. The Journal & Courier reports funding toward a city relocation project was approved at this week's West Lafayette Board of Public Works and Safety meeting.... Read More
Officials say a new $150 million addition to California-based Kaiser Aluminum Corp.'s (Nasdaq: KALU) facility in Warrick County will have a major impact on the community. Our partners at WEHT-TV report the project, which will add a new coating line, could generate an estimated $1.5 billion in indirect and induced economic output.... Read More
Paoli-based utility construction contractor ElectriCom LLChas opened a new regional office in Alpharetta, Georgia.... Read More
