A multi-faceted effort to secure additional nonstop international air service in the state is paying off. Gov. Eric Holcomb has announced new Delta Airlines service to Paris from Indianapolis International Airport. Holcomb says the new route is a culmination of years of work by state, city and airport officials that includes $5 million approved by the Indiana General Assembly directed at attracting transatlantic flights.
Angie's List to cut 230 employees after sale: Indianapolis-based Angie's List Inc. (Nasdaq: ANGI) has confirmed plans to lay off approximately 230 employees following its proposed sale to the New York-based parent of HomeAdvisor. The deal, valued at up to $500 million, could close after the final shareholder vote scheduled for September 29.
GM supplier to add jobs in Whitley County: Columbia City-based Advanced Assembly LLC has announced plans to expand operations in the Whitley County city. The company, a joint venture between Comer Holdings LLC and Lear Corp.(NYSE: LEA), both based in Michigan, will invest $7 million to increase production capacity at the plant and add 100 jobs.
Ruoff Mortgage poised for more growth: The chief executive officer of Fort Wayne-based Ruoff Mortgage Co. Inc. says while the company spent its first couple of decades as "pretty much a local story," it is now in growth mode. Mark Music says the company has grown to more than 500 employees with 24 branch offices throughout the state, an increasing presence in Ohio and Michigan and a "boutique" location in Florida. In an interview with Inside INdiana Business, Music discussed how Ruoff's high-profile sponsorship of Takuma Sato's 2017 Indy 500 winning car came together and ambitious growth plans.
IBRI, universities formalize relationships: The Indiana Biosciences Research Institute in Indianapolis has detailed a partnership with four Hoosier colleges. The IBRI says the memorandum of understanding involves streamlining the way in which university technologies are licensed. Ball State University, Indiana University, Purdue University and the University of Notre Dame have all signed on.
Railcar leasing company expanding in Vigo County: Chicago-based GATX Corp. (NYSE: GATX) has announced plans to expand its operation in Terre Haute into a full-scale Midwest maintenance hub. The global railcar leasing company will invest $38.5 million into the project, which will create up to 59 jobs by 2020.
Vacant New Albany building getting new life: State and local officials are celebrating the planned renovation of the former M. Fine & Sons shirt factory in New Albany. The $12.5 million project involves transforming the nearly century-old building into affordable independent and assisted-living housing.
Indiana Tech dives deeper into eSports realm: Indiana Tech Recreation and Community Life Coordinator Kyle Klinker says hiring a head coach for the college's developing varsity eSports program demonstrates a commitment to taking on "the best of the best" in the world. Geoffrey Wright, former president of the Southern Collegiate Gaming Association, will lead the Warriors' eSports team. The video gaming program has grown from an on-campus club three years ago to a scholarship-granting team that is a founding member of the National Association of Collegiate eSports, the early equivalent of the NCAA or NAIA. Klinker says eSports at Indiana Tech is structured like a traditional athletics program.
Evansville casino set for October opening: Indiana's first land-based casino will open to the public next month. Tropicana Evansville General Manager John Chaszar says the $50 million casino will begin operation Oct. 20 after being on a riverboat for more than 20 years.
Purdue announces three-year degree options: Purdue University has announced another initiative aimed at making a degree more affordable. The Degree in 3 program allows students to complete College of Liberal Arts degrees in three years, which the school says could save in-state students more than $9,000. Purdue President Mitch Daniels says the move makes the changes "without reducing the requirements or the quality of the degree."
Indiana-made Subarush help drive record sales: Subaru of America Inc., the marketing and distribution unit of Subaru Corp. of Japan, says it sold more cars in August than any other month in its history. North American Subaru production is handled at Subaru of Indiana Automotive Inc. in Lafayette, where Legacy, Outback, Impreza and next year, Ascent models are made.