Corydon-based First Capital Inc. (Nasdaq: FCAP), the parent of First Harrison Bank, is reporting record full-year net income of $11.4 million, compared to $10.1 million in 2020. The banking company says the results are mainly due to increases in net interest income after provision for loan losses and noninterest income.... Read More
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says it plans to invest over $1 billion to create a new manufacturing site in Concord, North Carolina... Read More
he chief executive officer of the Ports of Indiana says the positive year-end report for the state's three ports is representative of Indiana's recovering economy. The port authority this week announced more than 11 million tons of cargo were handled at the port in 2021.... Read More
Michigan-based Heartland Home Services has acquired Henry Smith Plumbing, Heating & Cooling in Elkhart. While financial terms of the deal were not disclosed, Heartland says Henry Smith is the 24th company to join its family of brands.... Read More
The previously announced merger of Evansville-based One National Bancorp (Nasdaq: ONB) with First Midwest Bancorp Inc. of Chicago has received its final regulatory approval. ... Read More
Hammond-based 18th Street Distillery says it is expanding in the city's downtown. Our partners at The Times of Northwest Indiana report the distillery is taking over a former Pabst Blue Ribbon warehouse in order to grow its production capacity.... Read More
West Lafayette-based Inotiv Inc. (Nasdaq: NOTV) has acquired Orient BioResource Center Inc. in Texas. The deal for the primate quarantine and holding facility is valued at more than $51 million in cash and stock.... Read More
Merrillville-based NiSource Inc. (NYSE: NI) says current president and chief executive officer Joe Hamrock is stepping down.... Read More
The Indiana Dunes National Park is going to start charging an entrance fee to visitors starting March 31. ... Read More
Kokomo-based Haynes International Inc. (Nasdaq: HAYN) is reporting fiscal first quarter net income of $4.7 million, up from $2.6 million during the same period the previous year. Chief Executive Officer Michael Shor says the company's aerospace business showed significant strength during the quarter.... Read More
The South Bend City Council this week gave a positive recommendation for two tax abatements that could build the northern Indiana city into a major hydroponic produce market in the nation’s heartland.... Read More
The Indiana Senate has approved a bill taking administrative steps that Gov. Eric Holcomb has said are needed in order for him to end the statewide COVID-19 public health emergency.... Read More
A Texas-based developer of industrial real estate is exploring the possibility of developing 250 acres of land in Crown Point for an e-commerce business park... Read More
Indianapolis-based ConverSight.ai says it has closed on a $4 million Series Seed round of funding. The startup, which has developed an artificial intelligence and adaptive analytics platform, says it will use the funding to further enhance its platform and expand its sales and marketing teams.... Read More
The U.S. Economic Development Administration has selected recipients of its STEM Talent Challenge, a national competition that supports programs to train STEM talent. Purdue Polytechnic in Anderson was selected as one of the eight nationwide grant recipients and will receive $250,000 in funding.... Read More
The Ports of Indiana says the state's three ports handled more than 11.2 million tons of cargo in 2021, which is a nearly 34% increase from the previous year. Additionally, the ports in Burns Harbor and Jeffersonville set new records for their highest annual shipment totals.... Read More
Indianapolis-based housing developer The Annex Group is partnering with Youth Build Indy to build Union at 16th, an affordable housing community on the city's near west side. As part of the partnership, The Annex Group says participants in the nonprofit’s BUILD program are helping with construction work on the $29 million housing development.... Read More
Muncie-based First Merchants Corp. (Nasdaq: FRME) is reporting record full-year net income of $206 million, up from $149 million in 2020. Chief Executive Officer Mark Hardwick said 2021 proved to be a record year on many levels, including total assets, loans, deposits, and earnings per share.... Read More
Top Story: Stephane Frijia, President and CEO, Northeast Indiana Regional Partnership... Read More
The state's first community mausoleum is still standing, but the National Register-listed structure built in 1908 faces an uphill battle with each passing season. The Oxford Community Mausoleum in Benton County was named to ... Read More
