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
Indianapolis-based 1205 Distillery has announced plans to open a 15,000-square-foot distillery and tasting room in downtown Lebanon. ... Read More
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
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
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
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
The Eli Lilly and Company Foundation Inc. has elected Cynthia Cardona as president. Cardona will also serve as senior director of social impact for Lilly.... Read More
The value of good Indiana farmland has increased 22% over the past year, according to new data from the Seventh Federal Reserve District based in Chicago. ... Read More
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
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
Nearly two dozen Hoosier business were named to Forbes 2022 lists of America’s Best Employers. The ranking included categories for both large and mid-sized companies. ... Read More
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
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 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
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
Fifteen Hoosier companies have received over $748,000 in Phase I matching funding from Indianapolis-based Elevate Ventures as part of its Small Business Innovation Research and Small Business Technology Transfer matching program. ... Read More
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
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
