A Richmond businessman says a 2007 Johns Hopkins University report labeling the city a "high school dropout factory" was his motivation to help launch a reading program for third graders. Ahaus Tool and Engineering Chairman Rick Ahaus says the Third Grade Academy helps students read at grade level, making them less likely to drop out in the future. Today, the Every Child Can Read initiative also includes K-Ready, which exposes children to reading from birth.
New 500 Festival CEO Sees 'Rare' Opportunity
The incoming head of the 500 Festival says he is attracted to the Indianapolis-based organization's combination of community engagement, history and entertainment. Bob Bryant is set to take over as president and chief executive officer next month. He plans to gather input to determine potential growth opportunities and lay out a vision for the organization's nearly 50 annual events and programs. Bryant tells Inside INdiana Business the city possesses several "unique" qualities that make it stand out among other big event hosts.
Major Food Acquisition Has Indiana Connections
An Indiana operation is part of a $7 billion global food industry deal. China's largest meat processing company is acquiring Virginia-based Smithfield Foods Inc., which has a facility in Peru that employs approximately 500.
Indy Slips in Health Index
Indianapolis dropped two spots in the American College of Sport Medicine's 2013 American Fitness Index. The rankings are based on factors including behaviors, health care access and recreational facilities.
Pence to Detail Life Sciences Research Institute
Gov. Mike Pence will be joined by life sciences sector leaders Thursday to announce what is being billed as a first-of-its-kind industry-led initiative. Executives from private sector companies including Cook Group Inc., Roche Diagnostics and Dow AgroSciences along with state universities and BioCrossroads will provide details on the Indiana Biosciences Research Institute during a news conference in Indianapolis.
Purdue Touts Success of Small Business Centers
Purdue University says three of the Indiana Small Business Development Centers it hosts played key roles in launching more than 100 new businesses last year. The university also says they helped retain nearly 6,000 jobs throughout the state. The centers are based in West Lafayette, Fort Wayne and New Albany.
Lilly Osteoporosis Drug Shows Promising Results
Indianapolis-based Eli Lilly and Co. says its drug Forteo "significantly increased" bone mineral density in men with a certain type of osteoporosis. The company says the approximately two million American men with osteoporosis have traditionally been an "underserved patient population."
IUSM Opens Pediatric Research Center
The Indiana University School of Medicine has used an $8.5 million federal grant to open a new pediatric research facility. The Children's Clinical Research Center has replaced outdated labs in a section of Riley Hospital for Children. It is expected to increase support for pediatric clinical trials.
Muncie Libraries Brace For Reductions
The Muncie Public Library is planning to cut employees and operating hours by the fall. Library executives say the move is a result of declining funds.
Major Indy Soccer Matchup Set
Two well-known international soccer teams will play at Lucas Oil Stadium this summer. Chelsea Football Club will take on Inter Milan as part of the 2013 Guinness International Champions Cup
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