Kokomo Engine Plant Revamp Nearly Complete

Stellantis is nearing completion of a $400 million revamp of a once-idled transmission plant in Kokomo. However, the Kokomo Tribune reports the facility, which will be known as the Kokomo Engine Plant, may not be fully operational by the end of the year as originally planned.... Read More

This Week on Inside INdiana Business 12/17/21

Seventeen Indiana regions representing all 92 counties are getting a share of $500 million from the state’s READI grants program. Bill Hanna breaks down the economic impact and how it could generate billions of dollars in overall investments. ... Read More

Fair Oaks Dairy RNG Operation Acquired

Chicago-based Amp Americas II LLC has acquired a dairy renewable natural gas operation in Fair Oaks. The company, which developed the project for California-based Generate Capital, says the acquisition, along with one other outside Indiana, has tripled the size of its carbon-negative fuels portfolio.... Read More

16 Tech Unveils Bridge Design

16 Tech Community Corp. in Indianapolis has unveiled what it says is a first-of-its-kind design for a new signature bridge. The organization says the bridge will connect the 16 Tech Innovation District to the city's downtown research and medical corridor.... Read More

ActiveCampaign to Open New Indy Hub

Chicago-based ActiveCampaign is opening a new, expanded hub in Indianapolis. The tech company, which first set up space in Indy in 2019, also plans to open new offices in Dublin, Ireland and Florianopolis, Brazil.... Read More

Holcomb Announces New Tax Refund

Governor Eric Holcomb says an estimated 4.3 million taxpayers will receive a $125 refund after filing their 2021 taxes. Holcomb’s office says it is working with the Indiana General Assembly on legislation to streamline the process and make an additional 910,000 taxpayers eligible for the credit.... Read More

Glick Philanthropies Awards Grants Worth $1.5M

Indianapolis-based Glick Philanthropies is awarding a total of more than $1.5 million in grants to nearly three dozen central Indiana nonprofits. The organization says the funding will help make a “measurable impact” in areas such as affordable housing, quality education and the arts.... Read More

KEDCO Rolls Out Welcome Map

The Kosciusko Economic Development Corp. is expecting the county will see an increase of 14,000 people by 2030 and the agency says it is doing what it can to reach that goal and support the potential residents. ... Read More

Gary Tax Return Preparer Sentenced to Prison, Restitution

A Gary man has been sentenced to more than three years in prison after pleading guilty to filing hundreds of fraudulent tax returns. U.S. Attorney Clifford Johnson’s office says Dorian Hall has also been ordered to pay more than $1 million in restitution to the Internal Revenue Service.... Read More

Board of Ed Approves Indiana GPS Indicators

The Indiana State Board of Education has approved a set of indicators that will be used to measure school performance. The indicators will be incorporated into the Indiana Graduates Prepared to Succeed, or Indiana GPS, dashboard, which was established following the passage of a bill earlier this year by the state legislature.... Read More

St. Joe Foundation Awards Grants

The St. Joseph Community Health Foundation has awarded more than $700,000 in grants to nonprofit organizations. The foundation says the funding will support programming and operations that improve the health and well-being of residents.... Read More

RCA Commercial Acquired by Holdings Firm

Indianapolis-based RCA Commercial Electronics and its operating entity DTI Services have been acquired by Phoenix-based Alpine 4 Holdings Inc. (Nasdaq: ALPP). RCA is a legacy brand dating back to the early 20th century and was the technology leader ... Read More

State Awards $500M in READI Grants to All Regions

The Indiana Economic Development Corp. has announced the grant recipients in the $500 million Regional Economic Acceleration and Development Initiative. The IEDC Board of Directors has approved recommendations to provide grants to all 17 regions representing every Indiana county, though only five regions have received the maximum $50 million allocation. ... Read More