Batesville-based Hillenbrand Inc. has entered into a $530 million agreement to purchase a privately-held German manufacturer. As part of the deal, Hillenbrand says it will assume millions of dollars of Coperion Capital GmbH's debt.
Senior Housing Developer Plans More Growth
Cicero-based Mainstreet Property Group is embarking on more than $60 million in expansion plans. The senior care developer intends to build facilities in Kokomo and Indianapolis, as well as previously announced projects in two other Indiana towns. The company expects the initiatives to create hundreds of permanent jobs.
ISO, Musicians Reach Agreements
The Indiana Symphony Society Inc. has announced agreements with its unionized musicians, which will allow the Indianapolis Symphony Orchestra season to resume. The deals involve a "bridge agreement" through early February and major terms of a five-year contract.
Letterman, Oprah to Speak at Ball State
Ball State University alumnus David Letterman is set to host a conversation with media icon Oprah Winfrey next month on the Muncie campus. The event is part of the David Letterman Distinguished Professional Lecture and Workshop Series.
Taylor to Dedicate $41 Million Building
The largest single building project in Taylor University's history will be dedicated on Friday. The more than $41 million Euler Science Complex will use solar, wind and geothermal energy sources.
Path Clearing For Roberts Stadium Demolition
Evansville City Council members are poised to reverse a decision to not allow money to be used for the demolition of Roberts Stadium. Our partners at the Evansville Courier & Press report a formal vote has not taken place, but all council members have indicated $187,000 from the asset sale at the shuttered venue will be allowed to go toward demolition costs.
Land Use Group Names First Director
Urban Land Institute-Indiana has appointed its first full-time director. Jennifer Milliken previously served on the advisory board of the 170-member organization.
FFA Convention Set For Indianapolis
More than 50,000 people from throughout the country are expected to attend next week's FFA National Convention in Indianapolis. The event will include educational sessions, workshops and the announcement of new national FFA officers.
TCU Renews Lemonade Day Partnership
Teachers Credit Union has renewed a partnership to be a presenting sponsor of Lemonade Day 2013. The event aims to encourage entrepreneurship in Indiana children by providing them supplies to set up and operate lemonade stands.
Discussion to Explore Economy, Presidential Election
The co-chief executive officer of C-SPAN will moderate a discussion this week at Purdue University about economic issues and the presidential election. Susan Swain will guide Wednesday's conversation that will feature journalists from The New York Times and Reason magazine.
For more information, visit www.insideindianabusiness.com .