This Week on Inside INdiana Business with Gerry Dick 2/11/21

Top Story Mitch Frazier, President & CEO, AgriNovus Indiana Corteva Agriscience is moving its global headquarters from the East Coast to the Crossroads of America. AgriNovus Indiana President CEO Mitch Frazier joins with how the decision could impact Indianapolis and the entire state. Inside INnovation Indiana Gregg, Founder & CEO, WeDo The move to exit […]... Read More

Elkhart Tooling Company Acquired

Peak Toolworks, a manufacturer of diamond and carbide cutting tools headquartered in Jasper, has acquired Elkhart-based Tooling Concepts Inc. Financial terms of the deal were not disclosed, though Peak says it plans to further invest in the Elkhart region.... Read More

Steel Dynamics Adding 200 Jobs

Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) is looking to add 200 employees in northeast Indiana. The company says the additions will support ongoing growth in the region.... Read More

INDOT Commissioner Stepping Down

Governor Eric Holcomb has announced Joe McGuinness will be stepping down as commissioner of the Indiana Department of Transportation. McGuinness, who was appointed to the role in 2017, is leaving to become chief executive officer of a new local government infrastructure management consultant company.... Read More

South Bend, Warsaw Office Supply Companies Acquired

Michigan-based Applied Imaging, a provider of office technology products and services, has acquired Sands Office Equipment Service in Warsaw, as well as Advanced Imaging Solutions in South Bend. While financial terms of the deals were not disclosed, Applied Imaging says the acquisitions expand its reach throughout northern Indiana.... Read More

‘Coolest Thing’ Tournament Down to Final Two

The Indiana Chamber of Commerce's inaugural Coolest Thing Made in Indiana tournament is down to the final two contestants, Hoosier Bat Co. in Valparaiso and Janus Motorcycles in Goshen. Public voting for the overall winner is underway and ends Monday.... Read More

Tamm: Hoosier Restaurants Still Facing Recovery

New data from the Indiana Restaurant and Lodging Association shows many Hoosier restaurants are still struggling to recover from the pandemic. Chief Executive Officer Patrick Tamm says 48% of restaurant operators throughout the state report their sales volume in 2021 was lower than pre-pandemic levels in 2019. Tamm adds many restaurants nationwide have still not received grants from the nearly $29 billion Restaurant Revitalization Fund, even though their applications were approved.... Read More

Elements Financial Appoints New CEO

Indianapolis-based Elements Financial has hired Whitney Anderson-Harrell as chief executive officer. The appointment coincides with the credit union's announcement that current CEO Lisa Schlehuber is preparing to retire in April.... Read More

Ivy Tech Extends Free Textbook Program

Ivy Tech Community College is extending its Ivy+ Textbooks program to cover the cost of required textbooks for all eligible students in the 2022-23 academic year. The college says this is the second year textbooks will be provided at no cost to students.... Read More

Anchor Tenant Named for Fort Wayne Development

A Switzerland-based risk management firm has announced plans to move its regional office in Fort Wayne to The Riverfront at Promenade Park by the end of the year. Swiss Re Group, which employs nearly 200 in the city, says it will invest nearly $5 million in its space in the $90 million mixed-use development, which will open in two phases this year. ... Read More

LCI Industries Reports Record Profit

Elkhart-based LCI Industries (NYSE: LCII) is reporting record full-year net income of $288 million in 2021, up from $129 million the previous year. Chief Executive Officer Jason Lippert said, despite challenges involving labor, freight and supply chains, the company delivered record revenues of $4.5 billion in 2021.... Read More

Crown Point Hospital Marks Construction Milestone

Franciscan Health Crown Point’s new $200 million hospital has reached a major milestone. The hospital held a topping off ceremony this week to celebrate the installation of the final steel beam used in the construction of the building, which is set to open in 2024.... Read More