Munster-based Finward Bancorp (Nasdaq: FNWD) says the Indiana Department of Financial Institutions has approved its proposed merger with Royal Financial Inc. in Chicago. The parent of Peoples Bank says it has now received all necessary regulatory approvals for the merger to be completed.... Read More
Wabash-based office equipment supplier Martin Yale Industries LLC has acquired Postmark, a California company specializing in high-speed letter openers and inkjet printing systems for mailrooms. ... Read More
The chief executive officer of Indianapolis-based Elevate Ventures will soon be stepping down. The organization says Chris LaMothe, who has served in the role since 2015, will leave in March to "pursue a variety of ventures."... Read More
Greenwood-based Indiana American Water has acquired the Lowell water system in northwest Indiana. The company says the $24.5 million acquisition is its largest in more than two decades and will add about 11,000 residents to its customer base.... Read More
A scrap metal recycling company in northeast Indiana has relocated its headquarters. MetalX, which was previously based in the DeKalb County town of Waterloo, will now operate out of a new office in Fort Wayne.... Read More
The Indiana Arts Commission has awarded more than $200,000 to fund arts projects around the state through the agency’s On-Ramp Creative Entrepreneur Accelerator program. The IAC says the funding will be allocated to 102 creative entrepreneurs to support their business goals and communities.... Read More
Huntington-based Bendix Commercial Vehicle Systems will Wednesday host a job fair. The company says it is looking to fill a variety of positions, including maintenance technicians and packaging and assembly production jobs.... Read More
Fishers-based Land Betterment Corp. is establishing a charitable foundation through the Community Foundation of West Kentucky. The company recently provided four ekō homes to a Kentucky community devastated by tornados and says the newly-created foundation will receive donations and help broaden its relief efforts.... Read More
The National Federation of Independent Business has named Natalie Robinson NFIB state director, succeeding Barbara Quandt who is being promoted within the organization.... Read More
Plans for major mixed-use development project in downtown McCordsville have taken a step forward. ... Read More
An Indianapolis-based artificial intelligence company has moved its headquarters into the 16 Tech Innovation District, which is located on the near westside of downtown Indy.... Read More
Lafayette-based manufacturer Wabash (NYSE: WNC) has inked a five-year research and development partnership with Purdue University. The company, which produces a variety of trailers, truck bodies and related components, says the goal to accelerate efforts to bring innovative products to market.... Read More
The city of Madison has hired Tony Steinhardt as its director of economic development. In his new role, the city says Steinhardt will work with the mayor, city council, and legislators, as well as local business and industry leaders to promote economic growth.... Read More
The Miami County YMCA is looking to raise the final funds for its new facility in Peru as construction nears completion. The Kokomo Tribune reports the organization still needs to raise $700,000 for the $16.7 million building, ground for which was broken in August 2020.... Read More
The Indiana Department of Education is awarding more than $35 million in state and federal grant funds to 123 community partners and schools around the state. The IDOE says the funding will support learning in literacy, mathematics and college and career readiness for students in 56 Indiana counties.... Read More
Ample housing for a growing Indiana workforce will continue to be a legislative priority for the Holcomb Administration when the Indiana General Assembly convenes in January.... Read More
Indiana is once again among the top states in the U.S. for its tax system. The Washington D.C.-based Tax Foundation's 2022 State Business Tax Climate Index ranks Indiana ninth for its overall tax climate and No. 1 in the Midwest.... Read More
Plainfield-based MD Logistics is mourning the loss of one of its co-founders. Mark Sell, who had previously served as the company's chief executive officer and was most recently its executive advisor, has died after a brief battle with cancer.... Read More
The U.S. Department of Health and Human Services has paused the distribution of COVID-19 antibody therapies developed by Indianapolis-based Eli Lilly and Co. (NYSE: LLY), as well as one from another pharmaceutical company. The agency cites new data that shows the therapies are unlikely to be effective against the Omicron variant.... Read More
The U.S. Department of Transportation has awarded more than $241 million in grant funding for 25 projects, including one in Indiana, to improve port facilities. The funding includes $1.6 million for the Ohio River Pier Project in Tell City.... Read More
