The Indiana University Board of Trustees has selected downtown Evansville as the preferred location for a new medical school and research campus. The project has an estimated cost of $69.5 million, but will be offset by $35 million in public incentives.
Drew Industries Announces Aluminum Deals
Elkhart-based Drew Industries Inc. has sold some of its aluminum extrusion assets to a Texas company. Its Lippert Components unit has also announced a six-year aluminum supply agreement with Dallas-based Atrium Corp.
Breakfast at The Brickyard Lines up Speaker
A two-time winner of the Indianapolis 500 will be the speaker at next month's 500 Festival Breakfast at the Brickyard. Al Unser Jr. will address the annual event at the Speedway. He won the race in 1992 and 1994.
'Second Chance' Fund Launches in Wayne County
A new fund has been started to help students complete work place training through Ivy Tech Community College Richmond. The college and the Wayne County Foundation are partnering on The Second Change Education Fund.
Leadership Academy Leader Retiring
The executive director of the Leadership Academy of Madison County is planning to retire in June. Bobbette Snyder has led the organization for more than two decades. The LAMC board of directors says a successor is expected to be announced "in the near future."
Cabinet Maker Expands in Ferdinand
A manufacturer is expanding in Dubois County. Jasper-based MasterBrand Cabinets Inc. is planning to add more than 260 workers at an operation in Ferdinand. The company wants to invest $8 million in the expansion. MasterBrand currently runs six facilities throughout the state, which employ more than 3,500. Last March, the company announced plans to create more than 70 jobs in Goshen. Read More
Co-Working Space Launches in Lafayette
A $1.5 million facility designed to boost entrepreneurship in downtown Lafayette is now open. The MatchBOX Coworking Studio is billed as the first-of-its-kind in the city and includes a coffee shop and room for 100 members. In January, Tippecanoe County Commissioners approved $500,000 in funding for the project. During a segment that will are this weekend on Inside INdiana Business Television, Co-Founder Jason Tennenhouse discusses what makes the studio unique. Read More
IURTC to Sell Indianapolis Center
The Indiana University Research and Technology Corp. is planning to sell its Innovation Center building in Indianapolis. The organization will move into a building on the former Wishard Hospital site as part of a new strategic direction to support faculty innovation. Read More
Indy Eleven to Kick Off Inaugural Season
Indy Eleven Professional Soccer will make its debut tomorrow at Carroll Stadium on the IUPUI campus. The team has announced partnerships with sponsors including Honda Manufacturing of Indiana LLC and Central Indiana Honda Dealers, McDonald's Corp. and Community Sports Medicine. Read More
Small Town in Dire Financial Situation
A Miami County town is on the brink of bankruptcy. The Kokomo Tribune reports Bunker Hill has received a tax refund that will stave off a shutdown of all local services and result in the layoff of employees. Read More
Leadership Summit to Feature Lugar
Former U.S. Senator Richard Lugar will headline an event Monday in Frankfort. The fourth Leadership Summit will include representatives from the city and Clinton County government, education and public safety offices.
Report: Purdue to Purchase Church Property
The Purdue Research Foundation is expected to close next month on the acquisition of a church near the Purdue University campus. The Journal & Courier in Lafayette reports the sale price will be $2.4 million. Read More
Donation to Support Med School Renovations
The Indiana University School of Medicine-Northwest has received a funding boost from the Lake County Medical Society. The $100,000 donation will support efforts to renovate and expand teaching laboratories. Read More
Indiana Tech Announces Commencement Speaker
An inspirational speaker and teacher at a Chicago all-boys high school will be next month's commencement speaker at Indiana Tech in Fort Wayne. Terré Holmes has more than two decades of experience as a teacher. Read More
Purdue Tech Transfer Office Details Partnership
The Purdue Research Foundation is partnering with a university in Colombia to increase commercialization efforts. Two officials from the South American school have spent time at Purdue as part of a 10-month project funded by a grant from the Colombian government. Read More
'Operation Hire a Hoosier Veteran' Set For Indy
A job fair focusing on veterans is scheduled for next week at the Indiana State Fairgrounds. The event will feature nearly 200 employers. Read More
For more Inside Indiana Business, visit www.insideindianabusiness.com