A Speedway-based recreational vehicle startup is partnering with an IndyCar manufacturer on cutting-edge technology. Dallara LLC is providing engineering expertise for what Global Caravan Technologies Inc. is calling the first carbon fiber RV in the world. Chief Executive Officer Charles Hoefer tells Inside INdiana Business the collaboration was launched during a visit with Dallara leadership at this year's Indianapolis 500. Read More He says the technology has potential to make an impact in markets like China, Australia and Europe.
Report: BAE to Stay in Fort Wayne
Talks to keep a major employer from leaving Fort Wayne appear to have worked. The News-Sentinel reports BAE Systems considered other locations, but is now looking for a new site in the Allen County city. The company employs more than 1,000 in Fort Wayne.
Anderson Delegation Headed to Italy
Anderson Mayor Kevin Smith is leading an economic development trip to Italy. Our partners at The Herald Bulletin report meetings are set with five manufacturing companies near Milan in an effort to bring jobs to Indiana. The group leaves tomorrow.
Southwest Chamber Honors Award Winners
The Chamber of Commerce of Southwest Indiana has announced its annual award winners. Business leaders honored during an event last night include the president of a brewing company, an area nonprofit and the head of an architecture, engineering and design firm.
Indiana Angel Fund Paying Off
An Indiana seed fund program says it has realized an annual return of more than 150 percent from its first investment. The Indiana Angel Network says the gains from its funding of Jada Beauty will be re-invested in other Indiana companies.
Marian to Break Ground on Student Center
Marian University will break ground this weekend on a $9 million student center. Alumni Hall will include a university bookstore, study areas and a food court.
Magazine Honors 'Under The Radar' Incubator
An Indiana organization has been named one of the "Best Under the Radar Business Incubators" in the country by Entrepreneur Magazine. The Northeast Indiana Innovation Center says it has helped companies launch nearly 300 products.
Foundation Awards Grants
The Indianapolis Foundation has awarded more than $1 million in grants to Marion County nonprofits. The organization says the funding is focused on education, health and cultural efforts.
California Firm Buys Plainfield Facility
California-based Transpacific Development Co. has acquired its second central Indiana property since July. The deal with Plainfield Project One LLC involves a 450,000 square-foot distribution facility in Hendricks County.
Carmel to Spotlight Electric Vehicles
Carmel will join communities around the world this weekend in promoting electric vehicles. The city will hold a National Plug In Day event at Clay Terrace mall, where Duke Energy Corp. has installed a charging system.
Indiana Organizations Land Federal Grants
Purdue University and Portage-based Construction Advancement Foundation of Northwest Indiana Inc. have been awarded federal grants. The funding is part of a more than $10 million U.S. Department of Labor initiative to boost work place training programs.
For more Inside Indiana Business, visit www.insideindianabusiness.com.