INSIDE INDIANA BUSINESS: Could new institute fuel M&A activity?

2013-06-03T12:42:00Z INSIDE INDIANA BUSINESS: Could new institute fuel M&A activity?Gerry Dick Inside Indiana Business nwitimes.com
June 03, 2013 12:42 pm  • 

A planned bioscience research institute is being viewed as proof that Indiana's academic institutions are serious about commercializing intellectual property. Faegre Baker Daniels attorney Jim Birge tells Gerry Dick during a Studio (i) interview, increasing collaboration between private sector companies and Indiana research institutions could also provide a boost for merger and acquisition activity in the state. The law firm will host the 2013 M&A Conference on Tuesday, which is expected to attract about 200 executives.

 

Owens Corning Buys Hoosier-Based Company

Wabash-based Thermafiber Inc. has been sold to a national building materials company. The deal with Ohio-headquartered Owens Corning  marks the third sale in two years by private equity firm Altus Capital Partners Inc. of Connecticut, which bought Thermafiber in 2007.

 

Auto Expo Coming to Greensburg

The Greensburg Decatur County Economic Development Corp. will host the 2013 Southern Indiana Automotive Expo this month. Featured speakers will include Honda Manufacturing of Indiana President Bob Nelson and Chrysler Group LLC Vice President Brian Harlow.

 

Indy International Outlines Parking Changes

Indianapolis International Airport officials have announced parking policy revisions at the terminal. They include promotional garage parking options, improved shuttle service and a flat fee for all surface lot parking.

 

IU East Professor, Graduates to Appear on TODAY

An Indiana University East professor and two graduates will appear on the TODAY show Tuesday morning. Jerry Wilde and alumnae Leah Hostalet and Becky Melton will share their personal experiences in hopes of raising awareness about kidney donations.

 

ISU Unveils Skills Training Program

Indiana State University is launching an initiative to certify graduates' skills and make them more attractive to potential employers. The effort will include skills training certifications and an expanded student employment program.

 

Study Takes Pulse of Kokomo Tourism Industry

A recent study is providing insight into the tourism industry of Kokomo and Howard County. The research, in conjunction with T. Anderson & Associates, calls for a focus on sports tourism and business travelers.

 

Tech Company Eyes Lafayette

An Indianapolis-based technology startup continues to expand. Snappening has announced plans to enter the Lafayette market. It will be the sixth market for the online event planning service since it was launched two years ago.

 

Data Provider Provides More Expansion Details

Carmel-based n|Frame, which is in the process of changing its name to Expedient, has announced further details of a major data center footprint expansion. In addition to a previously-announced $10 million upgrade at its Carmel facility, the company is investing millions of dollars in locations in Maryland, Pennsylvania and Ohio.

 

INDOT Opens New Fort Wayne Facility

The Indiana Department of Transportation Fort Wayne District has cut the ribbon on a $5.5 million administration building. Auburn-based Fetters Construction Inc. built the new facility and Synthesis Architectural Design Solutions of Indianapolis designed it.

 

Lake City Bank Planning New Office

Warsaw-based Lake City Bank is planning to build a nearly $3 million facility in Fishers. It will be the institution's second Indianapolis market office.

 

Indy Honored For Sister Cities Program

Sister Cities International has named Indianapolis its 2012 best overall program for populations over 500,000. The city has established eight such relationships since 2008.

 

For more Inside Indiana Business, visit www.insideindianabusiness.com.

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