Farmer sentiment on the agricultural economy ticked higher in April, but farmers are still showing less confidence than last year. The monthly Purdue University/CME Group Ag Economy Barometer improved eight points in April, however it remains 32% below its reading April 2021.... Read More
Volunteers of America Ohio & Indiana has announced plans to build and operate a certified community-based recovery housing facility for women with young children on the west side of Indianapolis. The nonprofit says the development will be the first recovery residence of its kind in the state.... Read More
Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) is reporting first quarter net income of $73 million, down from $193.4 million during the same period last year. Chief Executive Officer Bryan Hanson says the results are better than expected, driven by COVID recovery.... Read More
Chicago-based ActiveCampaign, which has a large and growing office in Indianapolis, continues to expand its reach. ... Read More
A New Albany-based medical technology company is gaining market traction and disrupting the specialty medications sector... Read More
A Switzerland-based logistics company is detailing plans to lay off more than a dozen employees in central Indiana. In a notice to the state, Kuehne+Nagel Inc. says it will cease operations for Rolls-Royce Corp. at its facility in Plainfield.... Read More
An Elkhart County judge has ordered the Chicago-based real estate investors who purchased Concord Mall in Elkhart return the keys to the mall to a court-appointed receiver. The Elkhart Truth reports the owners of Ton Real Estate Investments X LLC could face additional sanctions. ... Read More
Imagination Station in Lafayette is planning to reopen. The Journal & Courier reports the children's science center was closed for more than two years because of the pandemic.... Read More
The Indiana Economic Development Corp. is recognizing eight Hoosier small businesses as a part of Small Business Week in Indiana. The IEDC says the awards honor the entrepreneurs’ and small businesses’ achievements and contributions to grow Indiana’s economy and strengthen communities across the state.... Read More
Warsaw-based nonprofit OrthoWorx and the Orthopedics Capital Foundation have received a three-year grant from Lilly Endowment Inc. in Indianapolis to support efforts that promote the city of Warsaw and its "industry cluster" as the Orthopedic Capital of the World. OrthoWorx says the funding could total as much as $2.3 million during the three-year grant period.... Read More
West Lafayette-based Solinftec has closed on a $60 million growth investment round. The company, which has developed a farm operations management software platform, says it will use the funding to grow the platform as it plans for future expansion. Solinftec's software is designed to use artificial intelligence to analyze real-time data on crops, equipment, weather and other factors to help farmers address key issues in a more efficient and sustainable manner.... Read More
The Michigan City Council has approved an annexation of 147 acres of land to help a Fortune 500 company establish a facility there.... Read More
Four central Indiana companies are included in the 2021 Healthiest Employers of Indiana list from First Person Advisors and Springbuk, both of which are based in Indianapolis. The winning companies were selected from more than 300 applications that were scored on six metrics.... Read More
A planned $80 million merger of Fishers-based First Internet Bancorp (Nasdaq: INBK) and First Century Bancorp in Georgia will not proceed... Read More
The University of Notre Dame has received a gift from alumnus Charles Sheedy and his wife, Ellen, that will endow a new liberal arts business program. The university says the Sheedy Family Program in Economy, Enterprise and Society will offer specialized coursework and resources for undergraduate students interested in the practice of business through the liberal arts.... Read More
The Indiana Housing and Community Development Authority and Lieutenant Governor Suzanne Crouch last week celebrated the 150th successfully funded CreatINg Places campaign. The campaign is IHCDA’s placemaking program allowing nonprofit or local governments to raise funds for place-based improvements within their communities, and if they hit their goal, the IHCDA provides a dollar-for-dollar match. ... Read More
A fifth-grade teacher in the rural northern Indiana community of Nappanee is doing his part to fuel the state’s STEM pipeline. In the heart of Amish Country, Jake Simons not only created a robotics program from scratch, against all odds he built a program that won the 2019 robotics world championship. ... Read More
Inspired by the senses at a young age, Matt Rubin has taken that curiosity to a new level in his adult years. The founder and chief executive officer of Indianapolis-based True Essence Foods joins AgriNovus Indiana CEO Mitch Frazier on this week's Ag+Bio+Science podcast to talk all things SoChatti Chocolate, his lingering curiosity driving innovation in food and the company’s approach to sustainability.... Read More
An Indianapolis-based startup took home the $50,000 grand prize in the McCloskey New Venture Competition at the University of Notre Dame. Chuqlab Inc. has developed CrimeMiner, a software platform that transcribes audio and video files relevant to criminal investigations, such as jail phone calls and body cam footage.... Read More
A major mixed-use development is being proposed at the site of the former CSX building across the street from Gainbridge Fieldhouse in downtown Indianapolis. Our partners at the Indianapolis Business Journal report the $250 million project would feature two towers that include a hotel, apartments and retail space.... Read More
