INSIDE INDIANA BUSINESS: Study says life sciences impact spreads

2014-02-20T13:48:00Z INSIDE INDIANA BUSINESS: Study says life sciences impact spreadsGerry Dick Inside Indiana Business nwitimes.com
February 20, 2014 1:48 pm  • 

Indiana's life sciences initiative says the state's "broad and deep" industry continues to grow. BioCrossroads' annual report shows the sector generates a $55 billion economic impact, which is up from last year. The organization also says the state's nearly $10 billion in 2012 life sciences exports ranks second in the nation. The report suggests the industry supports approximately 55,000 jobs. Re

Tech Company Scores Funding

An Indianapolis-based tech company has secured $7 million in financing from global investment firm Battery Ventures. The funding for Smarter Remarketer Inc. will be used to accelerate growth and expand its automated customer intelligence platform.

DeKalb Schools Expanding New Tech Program

The DeKalb County Central United School District is expanding its New Tech program. KPC News in Kendallville reports the district will institute middle- and elementary-school levels beginning next school year.

Pence Taps Bassett For Cabinet Post

Governor Mike Pence has named Dennis Bassett director of the Department of Financial Institutions. He recently retired as chairman of JPMorgan Chase Indiana.

Hoosiers in Running For Major Culinary Awards

Several Indiana restaurant and brewing professionals have been named semifinalists for honors from one of the industry's most well-known organizations. The New York-based James Beard Foundation will announce Restaurant and Chef Award finalists from nearly two dozen categories next month.

Franklin Electric Names New CEO

Fort Wayne-based Franklin Electric Co. Inc. has named Gregg Sengstack chief executive officer. He has served as the company's chief operating officer since 2011. Sengstack will succeed Scott Trumbull, who will retire in May

LaPorte County Center Scores Federal Funding

A northwest Indiana mental health facility has secured a $2 million loan from the U.S. Department of Agriculture. The Swanson Center in LaPorte will use the funding to renovate a building that will serve as an administrative and services office.

High School Fundraising Effort Tops Goal

Cathedral High School in Indianapolis says its "Faith in the Future" capital campaign has exceeded its $10 million goal. The school says much of the money will be used for teacher compensation and tuition assistance.

DNR Announces Urban Forestry Funding

The state is allocating nearly $120,000 in federal funds to 12 communities for urban forestry efforts. The Department of Natural Resources Division of Forestry says the initiatives involve plantings along with education and awareness campaigns.

Christel House International Lands Grant

Indianapolis-based Christel House International has received a $200,000 grant from the Stichting af Jochnick Foundation. The funding will support English and nutritional programs at Christel House Mexico.

Walker Hires New VP

Indianapolis-based Walker Information has named Chawntae Applegate vice president. She previously served as director of business development for Thoroughbred Research Group in Kentucky.

Networks Financial Institute Details Summit

Indiana State University's Networks Financial Institute has announced details of its annual Insurance and Public Policy Summit. The event is scheduled for next month in Washington D.C. and will feature a keynote speech from the Federal Insurance Office director.

For more Inside Indiana Business, visit www.insideindianabusiness.com.

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