The president of Beck's Hybrids says Indiana's economic and corporate tax climate compelled the company to expand in Hamilton County instead of surrounding states. Sonny Beck says even though seed delivery costs may be a little higher from the Atlanta headquarters, Illinois and Ohio failed to match Indiana's offer. The company is planning to pump $60 million into what Beck calls a research and processing "mega-center" that could create 100 jobs by 2017.
Speech Tech Company Lands More Funding
A Lafayette-based technology company has completed a nearly $700,000 round of funding. SpeechVive Inc. says the support from Fort Wayne equity firm Ambassador Enterprises will help with the launch of a device to help people with Parkinson's disease communicate more effectively.
Crews Getting Set For Bridge 'Slide'
A nearly half-mile section of the new Milton-Madison Bridge is tentatively scheduled to be put into place Sunday. Once it is on the piers, Indiana and Kentucky crews could take around a week to complete inspections.
Ellspermann to Deliver Commencement Address
Huntington University has announced Lieutenant Governor Sue Ellspermann will be next month's commencement speaker. The school will award degrees to nearly 290 graduates May 17.
CAT Announces Deal For Indiana-Built Engines
A unit of Caterpillar Inc. has announced an order for more than 70 engines manufactured in Lafayette. Caterpillar Oil & Gas says the deal is with MarkWest Energy Partners L.P. to support natural gas gathering in the northeast U.S.
Northeast Indiana Company Lands Fuel Contract
Fort Wayne-based Petroleum Traders Corp. has secured a nearly $67 million deal with the U.S. military. The fuel contract is set to be complete in 2017.
Navy Inks Deal With Columbia City Manufacturer
Columbia City-based Ultra Electronics USSI will share a more than $13 million U.S. Navy contract. The work involves manufacturing sonobuoys.
Delaware County Center Shuts Down
A juvenile detention center in Muncie has closed. The Star Press reports Indianapolis-based Cedarbridge Treatment Centers LLC recently discussed selling the facility to Delaware County.
Foundation Announces Grant Recipients
The charitable arm of Indianapolis-based Interactive Intelligence Group Inc. (Nasdaq: ININ) has announced 12 grant recipients for its 2014 funding cycle. The foundation focuses on programs for at-risk youth.
Indy Eleven Partnering With Community
Indiana's new professional soccer team has announced another corporate partnership. Indy Eleven Professional Soccer says it will work with Community Sports Medicine for services including athletic training and sports nutrition.
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