The new chief executive officer of Batesville-based Hillenbrand Inc. says the company wants to become the "worldwide leader" in industrial products. Joe Raver became CEO last month upon Ken Camp's retirement. Hillenbrand went public in 2008 and has diversified beyond its roots in funeral services to include four subsidiaries and $1.6 billion in revenue. During an interview on Inside INdiana Business Television, Raver discusses his vision for the company and its focus on attracting the best global talent to Indiana.
Roberts Park Proposal to Meet Funding Test
A plan to redevelop the former Roberts Stadium property is slated to face a major hurdle tonight in Evansville. The city council will meet to discuss the 2014 city budget. Our partners at Eyewitness News in Evansville report the council could decide against allocating $1.5 million for the Roberts Park proposal.
Ivy Tech Eyeing New Manufacturing Hub
Ivy Tech Community College is seeking funds for a new advanced manufacturing center in Goshen. During a recent meeting with the Elkhart County Redevelopment Commission, two executives said the school has already attracted approximately $2 million toward the plan.
Old National Profit Jumps
Evansville-based Old National Bancorp is reporting a third quarter profit of $23.9 million, compared to $19.7 million for the same period last year. Within the quarter, the company acquired two dozen former Bank of America branches in northern Indiana and Michigan as well as Fort Wayne-based Tower Financial Corp. (Nasdaq: TOFC).
TV Show to Spotlight Hoosier Sports Icons
Carmel-based Brian Hammons Productions will debut a television program Monday night spotlighting high-profile names in Indiana sports history. The weekly "Hoosier Legends" program will feature guests including Bobby "Slick" Leonard and Jeff George. The Golf Channel host discussed his current projects earlier this month on Inside INdiana Business Television.
Ceremony to Inaugurate Grace College President
William Katip will be inaugurated president of Grace College & Seminary during a Friday ceremony. He began the job in May and is the Winona Lake-based school's sixth president.
Indy Hosting Software Development Event
A software development conference in Indianapolis continues its run this week. The 2013 Splash Conference is focused on improving tools many people use daily, including smartphones, Facebook and Google.
IUPUI to Host Innovation Forum
An event next month in Indianapolis will focus on turning academic research into products. The 2013 IUPUI Innovation to Enterprise Forum & Showcase will feature presentations from local entrepreneurs and networking opportunities.
WBAA Selects New GM
WBAA in West Lafayette has named Mike Savage general manager. He most recently served as director and GM at WKCC in Kankakee, Illinois. WBAA is a newsgathering partner of Inside INdiana Business.
UIndy Names New Trustees
The University of Indianapolis has announced three additions to its board of trustees. They include a retired vice president of a major beer company, a retired banking group executive and the chief financial officer of a food company.
IU Selects Admissions Director
Indiana University has named Sacha Thieme executive director of admissions at the Bloomington campus. She currently serves as director of freshman admissions at DePaul University and is set to begin her new role next month.
First Merchants Profits Flat
Muncie-based First Merchants Corp. is reporting net income of $10 million for the third quarter, compared to $10.1 million during the same period in 2012. Chief Executive Officer Michael Rechin says plans to close a merger with Citizens Bank in Munster remain "intact."
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