DRONEDEK Inks Deal for Smart Mailbox Production

Indianapolis-based DRONEDEK Corp. has signed an agreement with India-based defense contractor Bharat Electronics Limited to produce its smart mailbox units. The company says it could potentially spend up to $50 million for products that would be distributed worldwide.... Read More

Nonprofit Working to Bring Bike Parks, Trails to Evansville

Trail Heads - Southwest Indiana, a nonprofit based out of Boonville, has received approval from the University of Southern Indiana and USI Foundation to move forward with a project it says would bring 20 miles of trails and more than 22 acres of bike parks. The new trails would be located on the university’s 1,400-acre campus in Evansville.... Read More

La Porte Company Makes Acquisition

La Porte-based Boss Industries is adding a manufacturer of remote mobile power units to its portfolio. The company has acquired HIPPO Multipower, headquartered in Missouri, though financial terms of the deal are not being disclosed.... Read More

Riley Maternity Tower Aims to Impact Babies and Moms

Riley Hospital for Children at IU Health is now home to the largest newborn intensive care unit in the state. IU Health Methodist Hospital relocated its labor and delivery department and NICU and moved mother sand their babies to Riley Hospital in the new, 116-bed maternity tower. ... Read More

American Resources Lands Final Permit for Noblesville Plant

Fishers-based American Resources Corp. (Nasdaq: AREC) says it has received the final permit approval for its first rare earth and critical element isolation and purification facility in Noblesville. The company says the facility will be the first of its kind on a commercial scale.... Read More

Nonprofit Rescues Food From Notre Dame Stadium

South Bend-based nonprofit Cultivate Food Rescue saved and repurposed more than 20,000 pounds of excess food from Notre Dame Stadium during the recent home football season. The nonprofit says its has now rescued a total of two million pounds of food over four years.... Read More

VU Forms Transfer Agreement With Chinese College

Vincennes University is partnering with Yancheng Polytechnic College in China to offer a new transfer option for students. Through the agreement, Yancheng Polytechnic College graduates can transfer to VU and earn a Bachelor of Science in Technology.... Read More

16 Tech CEO Announces Retirement

The president and chief executive officer of 16 Tech Community Corp. in Indianapolis has announced plans to retire. Bob Coy, who in 2017 was selected to lead the nonprofit overseeing the development of the 16 Tech Innovation District, says he will step down in April.... Read More

Supply Chain Impacting Wabash Valley Businesses

Thanksgiving is just a few days away, but one thing business owners are not giving thanks for this year is supply chain shortages. That's why one family-owned business in Terre Haute is learning to adapt and be flexible this holiday season.... Read More

This Week on Inside INdiana Business 11/26/21

A surge in retail spending in October could be a key indicator to how consumers are planning to spend during the holiday shopping season. John Talbott weighs in on what to expect and how the supply chain crisis will impact supply and demand. ... Read More

Brewery and Taproom to Open at Electric Works

Chapman’s Brewing Co. is planning to build a flagship brewery and taproom at the Electric Works mixed-use innovation district in downtown Fort Wayne. The brewery says the location will also serve as its headquarters, housing its corporate office and research and development operations.... Read More

Popcorn World Owner Looking Toward Evolution

A gourmet popcorn shop in northwest Indiana is preparing for expansion. Popcorn World in Gary bills itself as the largest shop of its kind with more than 480 flavors from traditional caramel to Oreo to even crab legs. LeBarron Burton Sr., owner and operator of Popcorn World, says... Read More

Hoosier Schools Included in Princeton Review ‘Top 50’ List

Two Hoosier universities are included on the “Top 50 Undergraduate Schools for Entrepreneurship Studies for 2022” list from The Princeton Review and Entrepreneur magazine. The ranking is based on institutional survey data, including academic offerings, experiential learning opportunities, and career outcomes.... Read More

Department of Education Awards PRIME Grants

The Indiana Department of Education has awarded 22 schools around the state with grants to support the launch of the Indiana Postsecondary Ready Investigative Mathematics Experience math transitions course. The IDOE says the funding will support students as they develop and retain math skills needed for after high school.... Read More

Study: Marion County Food Insecurity Decreasing

A new study from the Indy Hunger Network shows the number of food insecure families in Marion County is dropping, but remains above pre-pandemic levels. The study says 25% of families throughout the county had trouble putting meals on the table, compared to 28% last year.... Read More

Boone County Turkey Farm Continues Growth Trajectory

Indiana is known as a top five state for producing corn and pork, but the state is also gaining a reputation as a major player in the turkey industry. Last week, President Joe Biden pardoned two turkeys raised in Jasper, which will now live out their lives at Purdue University. ... Read More