EDA Invests $1.7M for Central Indiana Broadband

The U.S. Economic Development Administration is awarding a $1.7 million CARES Act Recovery Assistance grant to Northwest Central Indiana Community Partnerships Inc. in West Lafayette. The funding will be used to expand broadband access in central Indiana in support of the region’s manufacturing, agricultural and technology industries.... Read More

Kaiser Aluminum to Break Ground on $150M Addition

California-based Kaiser Aluminum Corp. (Nasdaq: KALU) is making a major investment in its Warrick County operation. Our partners at WEHT-TV report the company will break ground Wednesday on a new $150 million addition at its plant in Newburgh.... Read More

Broad Ripple Under Infrastructure Construction

Broad Ripple Avenue will be under major construction this year. The $6.73 million project will fund infrastructure improvements, such as new storm pipes, manholes and curb inlets between College and Primrose avenues and include a new "River Walk" that will connect Broad Ripple Park to the Monon Trail. ... Read More

First Financial Bank Increases Minimum Wage

Ohio-based First Financial Bank (Nasdaq: FFBC) has increased its minimum wage to $18 per hour. The bank, which has a large presence in Indiana, says the change affects all Indiana employees, as well as those in the other states it serves.... Read More

Canine Assistance Network Receives $1.5M Gift

The Indiana Canine Assistance Network has received a $1.5 million gift from Mike and Judy Harrington. The Zionsville-based nonprofit, which specializes in accredited service dog training and placement, says the donation will help expand its service dog placements throughout the state.... Read More

Gary Schools Hits Budget Surplus

The Gary Community School Corporation is reporting a $2 million surplus for 2021 after having a deficit of more than $21 million just four years prior. The district calls the surplus a "watershed moment" that was achieved through multiple strategies.... Read More

Horizon Bank Announces Management Changes

The announced retirement of Horizon Bancorp Inc. (Nasdaq: HBNC) President James Neff has set off a variety of senior management changes at the Michigan City-based financial institution. Neff will retire Thursday after more than 44 years in the banking business. Neff announced his retirement in January.... Read More

USA Swimming Makes Indy Olympic Trials Official

USA Swimming and the Indiana Sports Corp. have officially announced Indianapolis as the host of the 2024 U.S. Olympic Team Trials. The nine-day event to select Team USA's representatives in the 2024 Summer Olympics in Paris will take place at Lucas Oil Stadium in downtown Indy, marking the first time a football stadium has held the trials. In addition to the event, USA Swimming and the ISC have committed to investing $400,000 in legacy projects benefitting youth in the Indianapolis region.... Read More

Arts Commission Releases Research Study Findings

The Indiana Arts Commission has released new research regarding how the state's municipalities are utilizing local arts and culture and economic development strategies. The Planning with Arts & Culture report was produced by Dr. Emily Wornell and Brian Blackford of the Indiana Communities Institute of Ball State University.... Read More

LRS Acquires South Bend’s Junoll Services

Illinois-based LRS, a waste diversion, recycling and portable services provider, has acquired Junoll Services in South Bend, a provider of roll-off dumpsters and transfer station services. Financial terms were not disclosed.... Read More

UE Names Dean of Harlaxton College

The University of Evansville has named Holly Carter executive director and dean of Harlaxton College, the university's study abroad center. Carter had been serving as interim principal for two years at the 200-room Victorian manor in Lincolnshire, England.... Read More

DMA Acquires Colorado Company

Fort Wayne-based corporate tax consulting firm DuCharme, McMillen & Associates Inc. is adding to its portfolio. The firm has acquired Phoenix Finders Group in Colorado, though financial terms of the deal are not being disclosed.... Read More

Hallador Energy Losses Shrink

Terre Haute-based Hallador Energy Co. (Nasdaq: HNRG) is reporting a fiscal, full year net loss of $3.8 million, compared to a $6.2 million loss the previous year.... Read More