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

South Bend Startup Tessellated Receives $20K Investment

South Bend-based startup Tessellated has received a $20,000 investment from Elevate Ventures in Indianapolis. The funding, which is part of Elevate’s Community Ideation Fund, will help the startup to scale up research and development and move its technology into commercial production.... Read More

Visually Impaired Preschool Services to Open Center

Visually Impaired Preschool Services Indiana will Thursday celebrate the opening of the Simon and Estelle Knoble Family Resource Center near downtown Indianapolis. The nonprofit says the center will be the first physical space in the Hoosier State for children ages birth to three with visual impairments.... Read More

IU Launches Faculty Startup Accelerator Program

Indiana University is launching a startup accelerator program to help faculty turn their research discoveries and professional insights into viable businesses. The IU Faculty Startup Accelerator Program is a collaboration between the IU Innovation and Commercialization Office and The Mill in Bloomington.... Read More

Incentives Approved for Plymouth Distribution Center

The Plymouth Common Council has approved a tax abatement for South Bend-based Holladay Properties, which is building a $3.1 million distribution center in the Marshall County city. The building will serve as the northern Indiana headquarters for Carmel-based replacement window company Renewal by Andersen.... Read More

Herron Schools to Purchase Former Salvation Army HQ

Indianapolis-based Herron Classical Schools says it will buy the former Salvation Army building located next to The Children’s Museum of Indianapolis to open a new campus. Herron says the campus will become the permanent home of Herron Preparatory Academy.... Read More