Study of War Memorial Coliseum Future Proposed

Officials in Allen County are looking to study what needs the Allen County War Memorial Coliseum will have over the next 10 to 25 years. The Journal Gazette reports James Cook, president of the Allen County-Fort Wayne Capital Improvement Board, feels it is prudent to know where money needs to be spent on the venue.... Read More

First Capital Reports Record 2021 Earnings

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

CEO: Ports of Indiana Numbers Reflect Recovery

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

Henry Smith Plumbing in Elkhart Acquired

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

Hammond Distillery Details Expansion

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

Inotiv Acquires Orient BioResource Center

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

Haynes International Swings to Profit

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