Fort Wayne-based Franklin Electric Co. Inc. (Nasdaq: FELE) is reporting record full-year net income of $155 million, compared to $101 million in 2020. Chief Executive Officer Gregg Sengstack says the company saw strong demand across all of its business segments.... Read More
Ball State University has received a $1 million gift from alumni Dave and Deb Heeter that will be used to establish a scholarship fund and support the university's athletics department. The Heeter Family Legacy Scholarship will support the Teachers College in honor of the donors' parents, Bob and Barbara Heeter and Jo Butler.... Read More
Fort Wayne-based Logan Properties says it plans to construct a 30,000 square foot speculative building in the Wells County town of Ossian. The developer says it will invest nearly $3 million for the purchase of real estate, site improvements, and construction of the facility in Ossian’s Park One Industrial Park.... Read More
Indiana lawmakers are looking to block the Hoosier Lottery from starting online games or ticket sales without their permission.... Read More
The prospects for major Indiana tax cuts dimmed further Tuesday as a leading state senator said he and other senators are “entrenched” on first paying down state debts.... Read More
Indianapolis-based TechPoint has unveiled the list of nominees for the 23rd annual Mira Awards, honoring the "Best of Tech in Indiana." This year's nominees include 76 companies that employ more than 52,000 Hoosiers, as well as more than a dozen entrepreneurs from the state's tech sector. ... Read More
South Bend-based artificial intelligence startup SAFA has received a $20,000 investment from Elevate Ventures’ Community Ideation Fund. SAFA says it will use the funding to develop a product and recruit software developers.... Read More
Cleveland-Cliffs Inc. (NYSE: CLF) is settling over alleged violations of the Clean Water Act and other laws for an August 2019 discharge of ammonia and cyanide-laden wastewater into the East Branch of the Little Calumet River, which flows into Lake Michigan. The discharge led to fish kills and also caused beach closures along the Indiana Dunes National Lakeshore.... Read More
Two farming operations with plans to build and expand hydroponic greenhouses in South Bend will receive tax breaks from the city. ... Read More
Purdue University says it plans to expand its hub of hypersonics research with the addition of a center that will specialize in materials resistant to high temperatures. ... Read More
Indianapolis-based Nameless Catering Co. says it is growing outside the Hoosier State. The company has opened a kitchen in Louisville, its first expansion since the firm launched in 2014.... Read More
A central Indiana real estate developer who has been involved in numerous high-profile projects is the driving force behind a $300 million master-planned development in the town of Plainfield... Read More
The city of Bloomington will Tuesday host a virtual kickoff with the city of Palo Alto, California to mark the first Sibling Cities relationship. The program, created by the nonprofit Sibling Cities USA, is designed to "bridge regional divides and promote unity in America."... Read More
Indianapolis-based Ambrose Property Group says work has begun on a more than 500,000-square-foot building at the Westpoint Business Park in Monrovia. The developer says the $40 million facility, set for completion in September, will target logistics, industrial and light manufacturing use.... Read More
The Indianapolis Airport Authority will Tuesday host a job fair. to fill more than 50 openings. The airport says many of its concessions partners are looking to fill more than 50 positions, including baristas, bartenders and sales associates.... Read More
Indianapolis-based Key Auctioneers is under new ownership. Krueckeberg Auction and Realty, headquartered in Decatur, has acquired the company, though financial terms of the deal were not disclosed.... Read More
Indiana University and Dubois County are teaming up to expand their community development collaboration through the university’s Center for Rural Engagement. IU says through the center’s Sustaining Hoosier Communities initiative, faculty and students will work to address projects involving health and wellness, infrastructure planning, and natural resource management.... Read More
An Indiana legislative committee on Monday turned aside a proposal that aimed to tighten the state law on the increasingly popular practice of voting by mail.... Read More
An executive with Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) says the company's recent growth is due to both increased market demand and strategic investments. The steelmaker reported record profit in 2021 and last week announced plans to hire up to 200 employees in northeast Indiana. Senior Vice President Chris Graham says the company is confident it will find the workforce it needs because of its reputation as an employer.... Read More
Indiana Fever executive Tamika Catchings says she is stepping down from her roles as GM and VP of basketball operations for the team. ... Read More
