The town of Dyer is working to transform one of its parks into a regional attraction. Our partners at The Times of Northwest Indiana report the town's redevelopment of Central Park includes construction of multi-purpose athletic facilities, field resurfacing and additional parking.... Read More
The founders of Fort Wayne-based musical instrument retailer Sweetwater are leading the way for more mixed-use development in the city's downtown. Chuck Surack and his wife Lisa are partnering with the city to build a $50 million, seven story building that will include 76 apartments, parking and ground floor commercial space.... Read More
Indianapolis-based New City Development has announced plans for a $300 million, 125-acre master planned community for in Plainfield. Hobbs Station will include not only residential, retail and restaurant space, but also offer logistics and build-to-suit office space.... Read More
Virginia-based Sotherly Hotels Inc. (Nasdaq: SOHO) has completed the sale of the Sheraton Louisville Riverside Hotel in Jeffersonville. The company says the deal is valued at $11.5 million.... Read More
Two Indianapolis teams are advancing to the Make48 nationals in Kansas this March, where they will compete for $10,000. Make48 is a multi-city invention competition docuseries where teams create a prototype, promotional video and a sales sheet to present to a panel of judges.... Read More
How big is Corteva Agriscience’s decision to designate Indianapolis as its corporate headquarters? Agrinovus Chief Executive Officer Mitch Frazier says the announcement represented “a historic week for Indiana” that continues the state’s emergence on the global agbiosience stage. ... Read More
Greenfield-based Elanco Animal Health has launched a new ag-tech startup in partnership with High Alpha Innovation in Indianapolis. Elanco says Athian aims to help cattle farmers and ranchers capture and claim carbon credits.... Read More
Indiana revenue exceeded the most recent projections for the month of January. The Indiana State Budget Agency says General Fund revenues totaled more than $2 billion last month, which was 2.1% higher than the December 2021 forecast and more than 11% higher than the same month in 2020.... Read More
New data from the Indiana Gaming Commission shows more than $500 million in wagers were placed last month at Indiana’s sportsbooks... Read More
How disruptive does innovation need to be to shift markets and gain the attention of investors? On the next episode of the Ag+Bio+Science podcast.... Read More
LGC Associates in Indianapolis is launching an EnviroStaff division. The staffing company says the division, to be based out of St. Louis, will work with business clients who need to recruit STEM-related professionals for temporary and permanent positions.... Read More
West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) is reporting a first quarter net loss of $83 million, compared to a loss of $366,000 during the same period last year. Chief Executive Officer Robert Leasure says, despite the drop, the company's recent acquisitions and partnerships will help mitigate potential supply bottlenecks.... Read More
The Indiana Donor Network had another record year in 2021. Despite the challenges of the pandemic, the nonprofit says the number of transplants increased by 43% over the past two years, saving the lives of more than 800 people. Indiana Donor Network Chief Executive Officer Kellie Tremain says the increase is being driven by the generosity of Hoosiers, as well as changes within the organization.... Read More
The Lilly Family School of Philanthropy at IUPUI has received approval from the Indiana Commission for Higher Education to offer a doctoral degree to develop leaders for the nonprofit and philanthropic sectors. The university will start offering the program in the fall 2023 semester.... Read More
The city of Gary has reached a settlement in its lawsuit against California-based Akyumen Industries Corp. Our partners at The Times of Northwest Indiana report the city's redevelopment commission will regain control of the Genesis Convention Center and Ivanhoe Gardens properties, where Akyumen had planned to establish its new headquarters and a manufacturing facility to produce 5G smartphones.... Read More
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says it has an agreement with the U.S. government to supply up to 600,000 doses of its investigational drug bebtelovimab, an antibody therapy used for the treatment of the COVID Omicron variant. ... Read More
Long time football referee and Hoosier native Bryan Neale has been selected to be on the officiating crew. for Super Bowl LVI.... Read More
A Jeffersonville-based nonprofit was ordered to pay more than $150,000 in back wages to its employees with disabilities after an investigation by the U.S. Department of Labor. The DOL says New Hope Services should have paid the workers the full minimum wage because it failed to meet the requirements to pay a sub-minimum wage.... Read More
Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) is reporting full-year net income of $225 million, up from $97 million the previous year. President Jeff Rodino says market conditions across the manufacturer's platform have remained strong despite challenges from the pandemic.... Read More
A strain of avian flu that can cause high mortality rates among birds hasn't spread to neighboring farms since it was confirmed at a commercial turkey farm in southern Indiana, state officials said Thursday.... Read More
