IUPUI's School of Engineering and Technology has been awarded a five-year $300,000 grant from the U.S. Economic Development Administration. The university says the funding will be used to develop the Initiative for Electrified and Autonomous Mobility University Center.... Read More
Columbus-based Cummins Inc. (NYSE: CMI) is reporting full-year net income of $2.1 billion in 2021, compared to $1.8 billion the previous year. Chief Executive Officer Tom Linebarger says strong economic recovery combined with high demand for the company's products resulted in record full year revenues last year.... Read More
Fort Wayne-based Sweetwater is celebrating another year of record growth after surpassing $1 billion in annual sales for the second consecutive year. The music technology and instrument retailer hit just shy of $1.5 billion in sales from four million orders last year with a 25% increase in revenue over the previous year. ... Read More
Philanthropist MacKenzie Scott has donated $800,000 to Communities in Schools of Indiana, an organization that supports student success in school and beyond. CIS of Indiana says the funding will enable it to expand its impact in schools struggling to fund the needs of children.... Read More
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) is reporting a drop in both full-year and fourth quarter net income. The CEO sees growth.... Read More
Northwestern Indiana Telephone Co. is planning to build a high-speed fiber broadband network in the Newton County town of Morocco this spring. NITCO says the network will replace the existing cable system as well as upgrade the networking to provide gigabit speeds to every resident in the community.... Read More
Brooke Beier has been named senior vice president of commercialization at the Purdue Research Foundation.... Read More
An Indianapolis-based nonprofit is one of 19 organizations to receive a total of $3.8 million in funding from the U.S. Environmental Protection Agency. RecycleForce is set to receive $200,000 to support job training programs.... Read More
Evansville-based Old National Bancorp (Nasdaq: ONB) has announced a new Community Growth Plan. The bank says the $8.3 billion plan to support historically underserved and economically disadvantaged individuals, families and communities. ... Read More
While ships were stalled on the coasts, the Ports of Indiana set records in 2021. Eleven million tons of cargo made its way through the state’s three ports last year… Vanta Coda explains the reasons behind the surge and prospects for more growth. ... Read More
Muncie and health care organizations want to build a reputation as a healthcare education center of excellence... Read More
Indiana is one of 27 states filing a lawsuit against a California company accused of bilking elderly investors throughout the country out of nearly $70 million. Indiana Attorney General Todd Rokita's office says at least 16 Indiana residents are among the victims who were defrauded by Safeguard Metals. ... Read More
Three companies from the Hoosier State are included in Fortune's 2022 list of World's Most Admired Companies. The annual corporate reputation ranking is based on Fortune's poll of about 3,700 corporate executives, directors, and analysts.... Read More
The Daviess County Airport is looking to expand its main runway. The airport says it plans to invest $1.7 million to nearly 500 feet to the runway, bringing it to just over 5,000 feet, which would allow larger aircraft to land.... Read More
Lafayette-based Wabash (NYSE: WNC), which has rebranded from its former name, Wabash National Corp., is reporting full-year net income of $1.2 million, compared to a net loss of $97.4 million the previous year. Chief Executive Officer Brent Yeagy says the company is focused on bringing new products and technologies to market, building out adjacent revenue streams and growing beyond the equipment cycle.... Read More
IUPUI is one of eight recipients of the National Science Foundation's CyberCorps Scholarship for Service program. The university says it will use the $3.7 million grant to train undergraduate and graduate students in cybersecurity engineering to help the U.S. respond to national security needs.... Read More
An Indianapolis-based asphalt, concrete and trucking company has changed its name after more than 60 years in the business. ... Read More
life sciences industry saw strong growth last year, particularly in the pharmaceutical and medical device sectors. The state's life sciences initiative says 23 companies committed to invest more than $500 million and add 2,100 employees in Indiana. ... Read More
Indianapolis-based Financial Center First Credit Union has appointed Cameron Minges president and chief executive officer. Minges succeeds J. Kevin Ryan, who announced his retirement in January after 40 years in the industry.... Read More
The Indiana Eviction Task Force, which was created by the Indiana Supreme Court last fall, says there is a new tool to help Hoosier tenants and landlords impacted by COVID-19... Read More
