The head of the Steuben County Economic Development Corp. believes a combined branding effort with the area's tourism bureau could draw more attention to the county's business initiatives. David Koenig expects to begin work on the initiative next month. The county's tourism organization says around 2,500 jobs in the region are already tied to tourism. Read More Koenig says the organizations would like to capitalize on Trine University in Angola and the area's growing baby boomer population.
Hoosiers Developing Unmanned Navy Technology
A Greenfield-based company is partnering with Rolls-Royce to develop a remotely controlled U.S. Navy craft. Candent Technologies Inc. is designing the propulsion system for the vehicle, which could be used for surveillance and reconnaissance.
AM General Extends Shutdown
South Bend-based AM General LLC is planning to extend a shutdown at its Mishawaka manufacturing operations. It will now last through November 13. The shutdown started October 1 to get set for international Humvee orders and was expected to last two weeks.
Marian University Touts Fundraising Success
Marian University says its "Make History" capital campaign has raised more than $153 million in 10 years, far exceeding expectations. The funding has supported projects including endowed scholarships and two new residence halls.
Historic Theater Marking Milestone
Parke County's historic Ritz Theater will mark its 100th anniversary with a major fundraising campaign. The Parke County Community Foundation is working with the venue in hopes of raising $180,000 for structural improvements and upgrades.
Celadon Profit Jumps
Indianapolis-based Celadon Group Inc. is reporting a fiscal first quarter profit of $8.3 million, compared to $5.5 million for the same period a year earlier. The company attributes the increase in part to lower operations, maintenance and fuel expenses.
Overseas Delegations to Visit Fort Wayne
Two sister city delegations are set to arrive in Fort Wayne Thursday. A group from Takaoka, Japan will celebrate the 35th anniversary of its relationship, while officials from Gera, Germany will mark 20 years.
Veteran Entrepreneurship Camp Set
Dozens of disabled veterans are slated to take part in an entrepreneurship boot camp this week at Purdue University. The event will feature sessions on development and management, and be followed by a 12-month mentorship program.
New Contract Manufacturer Focusing on Life Sciences
A new life sciences contract manufacturer has launched in Indianapolis. Redbird Medical is an affiliate of Greenwood-based The Phoenix Group and is talking with other Hoosier companies about potential alliances. It is also hiring more workers to add to its small startup staff.
St. Vincent Indianapolis Appoints Chief Medical Officer
St. Vincent Indianapolis Hospital has named George Shade chief medical officer. He had been serving as senior vice president at Detroit Medical Center and is a former chairman of the State of Michigan Board of Medicine.
Dow AgroSciences Reports Lower Profit
Indianapolis-based Dow AgroSciences LLC is reporting a third quarter profit of $63 million, compared to $75 million for the same period a year earlier. The agricultural sciences arm of the Dow Chemical Co. (NYSE: DOW) says the decline has been caused by continued investments in growth. Dow Agro is also reporting record third quarter sales.
Purdue Publishing Service Reaches Milestone
Purdue University's online publishing system is marking its 3 millionth download. Purdue e-Pubs includes more than 25,000 articles, reports and papers written by university faculty, staff and students.
For more Inside Indiana Business, visit www.insideindianabusiness.com .
Please Wait…