Inside INdiana Business

2013-06-16T00:00:00Z Inside INdiana BusinessGerry Dick Times Correspondent nwitimes.com
June 16, 2013 12:00 am  • 

Purdue hopes to find 'Another Gear' in innovation

The president of the Purdue Research Foundation says the soon-to-open Purdue Foundry will push the school to "another level" in innovation and entrepreneurship. Dan Hasler believes the hub can double Purdue's successful technology-based startups over the next two years. He says services ranging from help with grant writing to connecting with alumni are the "the missing pieces" to enhancing Purdue's commercialization potential.

 

Japanese auto parts manufacturer adding jobs

A Japanese automotive nut, bolt and specialty fastener manufacturer is expanding in Columbus. Sunright America Inc., says it plans to add more than 100 jobs by 2016 as part of the $34.7 million investment. It's the company's third major Indiana expansion since 2005.

 

Indiana Landmarks announces major capital campaign

Indiana Landmarks has announced the public phase of its first major capital campaign in more than two decades. The organization is looking to raise more than $3 million to reach the $25 million goal for the 'Saving Meaningful Places' campaign. The nonprofit says the money will be used in part to increase its endowment and fund acquisition and restoration projects.

 

Children's hospital to add themed rooms

St. Vincent Health is teaming with an Indiana-based insurance company in an effort to make children's hospital stays a little easier. Baldwin & Lyons Inc., says it will support the creation of 10 themed rooms at Peyton Manning Children's Hospital at St. Vincent, including a Super Hero room, which will be unveiled Friday.

 

Caterpillar plant to mark anniversary

Caterpillar Inc., will celebrate the 30th anniversary of its Franklin facility today. Gov. Mike Pence is scheduled to attend an event at the Caterpillar Reman Powertrain Indiana plant.

 

State raises maximum financial aid

The Indiana Commission for Higher Education has increased the state's maximum student financial aid awards. Commissioner Teresa Lubbers says the first bump in six years is significant at a time when a college degree "has never been more important" for Indiana students.

 

Lilly terminates study

Indianapolis-based Eli Lilly and Co. has stopped a trial for an experimental Alzheimer's disease treatment. The pharmaceutical manufacturer says the voluntary move is connected to concerns about abnormal liver tests in some patients.

 

Foellinger Foundation awards grants

The Fort Wayne-based Foellinger Foundation has awarded more than $2 million to Allen County nonprofits. The organization says the grants reflect its emphasis on improving quality of life in the area.

Find more Indiana business news at www.InsideINdianaBusiness.com.

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