News

Governor Eric Holcomb says economic development activity in Indiana was “extremely strong” in the first quarter, with a pipeline of projects “as hot as I’ve ever seen it.” ... Read More

Muncie-based First Merchants Corp. (Nasdaq: FRME) has completed its merger with Level One Bancorp LLC in Michigan. First Merchants says the deal brings its total assets to $18 billion, maintaining its place as the second largest financial holding company based in Indiana.... Read More

A new tech platform is giving artisan food entrepreneurs the opportunity to manage their business in one place – from website creation all the way to order fulfillment... Read More

The city of Jasper is advancing to the finals of Minnesota-based nonprofit Strong Towns' 2022 Strongest Town contest. The contest aims to highlight towns and cities that are working hard to become stronger by putting processes, systems, and commitments in place to build financially resilient communities.... Read More

Comcast Corp. (Nasdaq: CMCSA) is hiring 300 virtual inbound sales representatives throughout its central division, which includes Indiana. Comcast says the sales reps will work directly with customers over the phone to promote and sell its products and services.... Read More

A nearly three-year-long project to build a hydroelectric dam on the St. Joseph River in downtown South Bend appears to be in its final stages. ... Read More

Plainfield-based Duke Energy Indiana is awarding nearly $120,000 in grants to 26 economic development organizations. Duke Energy says the funding is intended to catalyze job creation and investment throughout the state.... Read More

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