News

Colts to Sponsor HS Football Programs

The Indianapolis Colts organization says it will sponsor ten under-resourced high school football programs around Indiana. The team says the effort will provide the programs with access to new coaching education, player development and fundraising resources.... Read More

Vibenomics Appoints First CFO

Fishers-based Vibenomics has selected Jenny Quinnette to serve as its first chief financial officer. Quinnette previously served as senior vice president of finance for the Audio Out-of-Home advertising company.... Read More

Lake City Bank Reports Record Year

Warsaw-based Lakeland Financial Corp. (Nasdaq: LKFN) is reporting record full-year net income of $95.7 million in 2021, up from $84.3 million the previous year. The parent of Lake City Bank says the results can be attributed to growth in net interest income and lower provision expense.... Read More

Franciscan Health Rensselaer Targets Childcare Shortage

Franciscan Health Rensselaer is partnering with Appleseed Childhood Education to address the shortage of licensed childcare providers in Jasper County. The Mishawaka-based health system says it is leasing a building on its Rensselaer hospital campus to the nonprofit, which will use it to open a licensed early learning center.... Read More

IPS Unveils Teacher Recruitment Initiative

The state's largest school district has launched an initiative designed to recruit and retain more educators with a focus on diversity. The "Proving What's Possible" initiative features two programs, including an apprenticeship program for teachers and a residency for principals. ... Read More

Hoosier Pie Trail Offers Chance to Win Prizes

The Indiana Destination Development Corp. is encouraging Hoosiers to blaze the Hoosier Pie Trail from 'Pie Day-to-Pi Day’ with the Indiana Culinary Trails Passport. The department says anyone who checks in at two restaurants on the Hoosier Pie Trail will earn a custom t-shirt and be entered to win free pie for a year from Mrs. Wick's Pie.... Read More

Steel Dynamics Terre Haute Facility Interior

Steel Dynamics Reports Record Profit

Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) is reporting record full-year net income of $3.2 billion in 2021, up from $551 million the previous year. Chief Executive Officer Mark Millett says domestic steel demand was strong throughout the year, supported by the construction, automotive, and industrial sectors.... Read More

South Bend Schools to Sell Headquarters

The South Bend Community School Corporation is in negotiations to sell its six-story headquarters to the city of South Bend for $2.8 million. School district administrators say the building, which was purchased in 2004, has more space than the district needs.... Read More

Newpoint Services Acquires Ohio Company

Indianapolis-based building services contractor Newpoint Services has acquired Globe Window Cleaning in Ohio. While financial terms of the deal were not disclosed, Newpoint Services says the expansion will double its operations and grow its capabilities.... Read More

Cook CEO: Goodwill Project Just Us Doing Business

The president of Bloomington-based Cook Medical says as construction of the company’s manufacturing plant on the near northeast side of Indianapolis begins to wind down, residents in the economically challenged neighborhood will soon begin to see benefits... Read More

Fort Wayne Manufacturer Acquired

Fort Wayne-based investment management company SOLV Holdings says it has acquired a majority stake in another Fort Wayne company. Financial terms of the deal for advanced metal fabricator and contract manufacturer QuikCut Inc. were not disclosed.... Read More

Assisted Living Community to Open in Anderson

Gardant Management Solutions in Illinois is preparing to open Sweet Galilee at the Wigwam, an affordable assisted living community for senior citizens in Anderson. When fully occupied, Gardant says the community will create 50 full- and part-time jobs.... Read More