Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) is reporting full-year net income of $442 million, up from $299 million in 2020. Chief Executive Officer David Graziosi says net sales accelerated in the fourth quarter, driven by a strong recovery to pre-pandemic levels in the Outside North America On-Highway end market.... Read More
Indiana Attorney General Todd Rokita's office has recouped millions in funds taken from the Indiana Department of Workforce Development. Rokita says Deputy Attorney General John Millikan worked to recoup $3.3 million.... Read More
Terre Haute-based Garmong Development is detailing plans for what it calls a signature project in Brownsburg. The Commerce Park at Brownsburg Raceway is being developed on 47 acres near Lucas Oil Indianapolis Raceway Park and is designed to promote research & development and manufacturing for the autosports industry. ... Read More
An Indiana native is a co-founder of Pluie, a startup manufacturing what is described as the world's first self-sanitizing diaper changing table. Pluie uses UVC light to sanitize the changing surface after each use. The company has been installing the tables at locations throughout Indiana, including Conner Prairie in Fishers, the first museum in the country to use the product.... Read More
Top Story Mario Rodriguez, Executive Director, Indianapolis Airport Authority Indianapolis International Airport appears on the road to recovery. New numbers show Indy outpacing peer airports in the race to recovery from the pandemic. Airport Authority Executive Director Mario Rodriguez joins us to break down the numbers. Inside INnovation Brad Chambers, Indiana Secretary of CommerceDon Wettrick, […]... Read More
Carmel-based KAR Global (NYSE: KAR) is reporting full-year net income of $66.5 million in 2021, up from $500,000 the previous year. The company says the results were driven in part by strong growth in its digital dealer-to-dealer businesses.... Read More
A multi-community groundbreaking event will be held Thursday in the city of Woodburn and the town of Grabill to celebrate the start of construction of downtown streetscape improvements. The projects are receiving funding as a result of the region’s 2018 Stellar Communities designation.... Read More
An Indiana Senate panel on Wednesday endorsed rolling back a proposal that aimed to severely limit workplace COVID-19 vaccine requirements, setting up potentially weeks of negotiations with House members on how far the Republican-led Legislature will go toward inserting itself on the issue.... Read More
The Conservation Law Center at the Indiana University Maurer School of Law has been selected to help manage the Sentinel Landscape designation for more than 3.5 million acres of land in southern Indiana.... Read More
Fort Wayne plans to pay Texas-based Red River Waste Solutions $1.9 million to continue serving as the city's trash collection through June 30. The Journal Gazette reports the payment is part of a transition plan for the city to find a new rash and recycling collection provider.... Read More
Carmel-based Zotec Foundation has donated $100,000 to Indianapolis-based nonprofit Indy Women in Tech for education, training, and career development in information technology fields. The nonprofit says it will use the funding to support youth events such as “Pathways to Tech” and “Ignite Your SuperPower.”... Read More
Indianapolis International Airport says more than 7.1 million passengers traveled through Indy in 2021, marking a 75% increase over the previous year. Officials the amount of air cargo that came through was the highest in the airport's history.... Read More
Evansville-based Old National Bancorp (Nasdaq: ONB) and Chicago-based First Midwest Bancorp Inc. have completed their previously-announced $6.5 billion merger. Old National says the combination creates the sixth largest commercial bank headquartered in the Midwest, with more than $46 billion in assets.... Read More
Indianapolis-based Allos Ventures has announced the first closing of its latest fund, Allos IV. The venture capital firm says the fund will continue its focus on investments in early-stage B2B software companies. Managing Director Don Aquilano says being able to launch a fourth fund is "validation that there's a true need and a value for equity capital in the Midwest and certainly here in Indiana."... Read More
The Whiteland Town Council has approved a tax abatement for a 450,000-square-foot speculative warehouse building. Our partners at the Daily Journal report Cincinnati-based Uptown Commercial Partners plans to invest nearly $29 million to build the facility on a 40-acre site.... Read More
Janus Motorcycles in Goshen has won the 2022 Coolest Thing Made in Indiana contest from the Indiana Chamber of Commerce. The manufacturer beat out 64 other competitors from around the state to win the bracket-style tournament.... Read More
Real estate investment company New Western has opened its first office in Indiana. New Western says Jacob Spain will serve as the general manager of the Indianapolis office.... Read More
A second turkey farm in Dubois County could possibly be dealing with another case of avian influenza. The Indiana State Board of Animal Health says the farm is in close proximity to the initial farm that was diagnosed with a confirmed case of a highly pathogenic strain of the flu earlier this month.... Read More
The Indiana Broadband Office has designated Porter County as a broadband ready community. The designation signifies the county has reduced barriers to allow for broadband infrastructure investment.... Read More
Former two-term Indianapolis Mayor Stephen Goldsmith says the lifecycle of Circle Centre Mall in downtown Indianapolis has surpassed what city leaders, including himself, foresaw when it opened in September 1995.... Read More
