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INSIDE INDIANA BUSINESS: Hasler says ecosystem fostering innovation

Purdue Research Foundation President Dan Hasler believes Indiana is a "treasure trove of innovation" that is helping push the university's commercialization efforts to record levels. The nonprofit reports two dozen startups linked to the school's intellectual property have been launched with…

4 hours ago

INSIDE INDIANA BUSINESS: Video games not just child's play

Indiana University is a charter member of a group that promotes the educational value of video games. The Higher Education Video Game Alliance says the technology can help prepare students for the 21st century work force. Assistant Professor in the Learning Sciences Program at the IU School …

July 09, 2014 1:30 pm

INSIDE INDIANA BUSINESS: Valeo Planning Hundreds of Greensburg Jobs

An automotive supplier is planning to expand in Greensburg and create more than 250 jobs by the end of 2015. Valeo says it will invest nearly $38 million in the project. The Greensburg City Council has approved a six-year tax abatement on the growth plans. Valeo's Greensburg facility has bee…

July 08, 2014 12:30 pm

INSIDE INDIANA BUSINESS: First Financial Banks on Indianapolis

Ohio-based First Financial Bancorp is making a multi-million dollar investment in Indianapolis that involves three major projects. They include a downtown regional hub and an electronic service center in Indianapolis as well as a prototype banking center in Hendricks County. Indiana Banking …

July 07, 2014 12:53 pm

INSIDE INDIANA BUSINESS: Lafayette hospital's 30-minute guarantee

Indiana University Arnett Hospital's trauma center has been verified a Level III center from the American College of Surgeons. The trauma center in Lafayette is the only hospital in Indiana with the distinction. Program Manager Amanda Rardon says a requirement of being a level three center i…

July 03, 2014 12:22 pm

INSIDE INDIANA BUSINESS: Crawfordsville expansion to create 300 jobs

Montgomery County is in line for more than 300 new jobs as New York-based Penguin Random House LLC consolidates part of its U.S. distribution and fulfillment operations in Crawfordsville. The publisher is making a multi-million dollar investment to expand and renovate an existing facility. P…

July 02, 2014 2:57 pm

INSIDE INDIANA BUSINESS: Sun King turns 5; company hints at expansion

Indianapolis-based Sun King Brewing Co. is celebrating a milestone as Indiana's craft beer industry continues explosive growth. Sun King began brewing beer five years ago today. Co-founder and President Omar Robinson says the company is running out of production space to keep pace with deman…

July 01, 2014 12:33 pm

INSIDE INDIANA BUSINESS: Aviation industry continues hot streak

Indiana's aviation sector continues in the spotlight. Governor Mike Pence will lead an economic development delegation to England next month for one of the world's premier aviation industry gatherings. The announcement comes on the heels of the University of Notre Dame detailing a $36 millio…

June 26, 2014 12:32 pm

INSIDE INDIANA BUSINESS: More River Ridge Jobs Possible

A major economic engine in southeast Indiana could potentially generate another 250 jobs. Multiple publications are reporting an auto supplier is planning to locate to a new facility in America Place Business Park at River Ridge Commerce Center by September. The identity of the employer is n…

June 24, 2014 12:47 pm

INSIDE INDIANA BUSINESS: Hoosier companies tout BIO presence

A global event this week will give representatives from the Indiana life sciences sector an opportunity to connect with industry players from more than 60 countries. The BIO International Conference and Convention, which is underway in San Diego, is the industry's top event. The Indiana Heal…

June 23, 2014 12:41 pm

INSIDE INDIANA BUSINESS: Grand Weekend For Grand Park

Westfield Mayor Andy Cook says the new Grand Park sports complex is creating a "unique and profitable environment" for business. The city is hosting grand opening activities for the $45 million venue this weekend. Cook says early events at the park have drawn about 400,000 visitors from thro…

June 20, 2014 12:31 pm

INSIDE INDIANA BUSINESS: 'Need for speed' leads Walmart to Indiana

The regional vice president of research with Cassidy Turley in Indianapolis says e-commerce distribution centers, like the one announced this morning by Wal-Mart Stores Inc. in Plainfield, continue to be a main driver of growth in the industrial real estate market. Jason Tolliver says Indian…

June 19, 2014 2:50 pm

INSIDE INDIANA BUSINESS: Recycler touting jobs, participation

Mayor Greg Ballard and Covanta Indianapolis Inc. are set to detail a proposed $45 million Advanced Recycling Center this afternoon near the city's downtown. The company says the technology would be the first-of-its-kind in North America and could recover up to 90 percent of paper, cardboard,…

June 18, 2014 1:49 pm

INSIDE INDIANA BUSINESS: Logistics Council unveils 'bold' strategic plan

A new strategic plan from the Conexus Indiana Logistics Council is highlighting several objectives designed to strengthen the state's position as a logistics leader. The organization's second strategic plan in the last four years emphasizes positioning Indiana at the forefront of the automat…

June 17, 2014 1:11 pm

INSIDE INDIANA BUSINESS: Indiana Lagging in Economic Mobility?

The Chief Executive Officer of the Indiana Youth Institute says many Hoosier communities are struggling to provide opportunities for upward economic mobility for children. Bill Stanczykiewicz cites a Harvard University study ranking 12 of 17 Indiana regions below the national median in that …

June 16, 2014 1:51 pm

IIB WEEK IN REVIEW: Batesville Steps up For Manufacturing Education

An education program in southeast Indiana is helping train the next generation of manufacturing workers. The Batesville School Corp., Ivy Tech Community College and four businesses have taken part in the initiative allowing high school students to obtain hands-on experience with modern manuf…

June 13, 2014 2:42 pm

INSIDE INDIANA BUSINESS: School launching non-lawyer law degree

The Indiana University Robert H. McKinney School of Law will launch a program in the fall designed to give professionals a better understanding of the legal system. It will focus on people who don't want to be licensed attorneys, but feel a need to comprehend how the law impacts their career…

June 12, 2014 12:44 pm

INSIDE INDIANA BUSINESS: Is Water an Indiana Advantage?

Water is becoming an even bigger issue for businesses. A study from the public affairs firm VOX Global suggests access to the resource is a rising concern with chief executive officers around the world. Partner Tony Calandro says the issue could prompt more employers to locate in Indiana bec…

June 11, 2014 3:14 pm

INSIDE INDIANA BUSINESS: Consortium aims to improve drug discovery

The director of the Indiana Clinical and Translational Sciences Institute believes a new consortium involving Midwest pharmaceutical companies and universities represents the "new model for drug discovery." Anantha Shekhar says SPARC will result in "much richer R&D" by giving companies a…

June 10, 2014 12:16 pm

INSIDE INDIANA BUSINESS: Health tech company continues growth

The chief executive officer of Indianapolis-based Indigo Biosystems Inc. says a round of funding will support growth of the company's cloud-based software and ongoing conversion to a new revenue model. Randy Julian says Indigo has closed on $8.5 million in funding, led by California-based Bo…

June 09, 2014 12:37 pm

IIB WEEK IN REVIEW: Indy scores again with Big Ten

The decision by the Big Ten Conference to place more championship events in Indianapolis is expected to pump tens of millions of dollars into the central Indiana economy. Indiana Sports Corp. Chairman Scott Dorsey says 14 events over the next few years will have an estimated economic impact …

June 07, 2014 1:08 pm

INSIDE INDIANA BUSINESS: McCorkle targets future, prepares for CEO role

The incoming chief executive officer at ExactTarget Inc. is stressing the company remains committed to Indianapolis, while touting the benefits of the central Indiana work force. Scott McCorkle will take over this summer from Scott Dorsey, who has decided to leave the company, although he wi…

June 06, 2014 12:25 pm

INSIDE INDIANA BUSINESS: Tourism group changing with the times

In an effort to respond to an evolving industry, the state's leading tourism trade organization is changing its identity. The Association of Indiana Convention and Visitors Bureaus is now called the Indiana Tourism Association. It is expanding to groups including hotel management companies, …

June 05, 2014 12:45 pm

INSIDE INDIANA BUSINESS: Old National grows again

Evansville-based Old National Bancorp has acquired another Indiana bank. The deal for LSB Financial Corp. in Lafayette is valued at nearly $67 million. The move continues a major expansion period for Old National, which includes the acquisitions of Michigan-based United Bancorp Inc. and Towe…

June 04, 2014 12:32 pm

INSIDE INDIANA BUSINESS: Grand deal for Grand Prix

The newest race at the Indianapolis Motor Speedway will be sponsored by a Hoosier company. The Angie's List Grand Prix of Indianapolis is scheduled for May 9. Hulman and Co. Chief Executive Officer Mark Miles is not disclosing terms of the two-year agreement, but calls it "competitive" with …

June 03, 2014 12:31 pm

INSIDE INDIANA BUSINESS: Military academy to remain open

The Board of Trustees at the Howe Military Academy has decided to keep the northeast Indiana school open. The board says "projected enrollment and re-enrollment figures" justify the decision to continue operations. A financial and administrative reform plan, along with a "generous donation b…

June 02, 2014 12:35 pm

IIB WEEK IN REVIEW: Ben's soft pretzels inks deal with Walmart

Elkhart County-based Ben's Soft Pretzels LLC has announced an agreement with Arkansas-based Walmart Stores Inc. The deal involves franchise opportunities in existing retail locations. Ben's says the first stores will be in LaPorte, Columbia City and Angola. Partner Brian Krider says addition…

May 31, 2014 2:57 pm

INSIDE INDIANA BUSINESS: Indiana Dunes adds seasonal workers

The Indiana Dunes National Lakeshore is open for the busy summer and has brought on 80 seasonal workers to meet anticipated demand. Superintendent Paul Labovitz says part of the park is closed as research is being conducted into the holes at Mt. Baldy.

May 30, 2014 12:33 pm

INSIDE INDIANA BUSINESS: Trine adds two to board

Trine University has named two former business executives to its board of trustees. They include the incoming dean of IPFW's business school and a co-founder of Auburn-based Metal Technologies Inc.

May 29, 2014 1:17 pm

INSIDE INDIANA BUSINESS: Health provider plans hundreds of jobs

An Indianapolis-based on-site health management company is planning to add 450 jobs throughout the state by 2018. OurHealth says it will invest nearly $20 million to more than double the size of its headquarters, located in the OneAmerica Tower in downtown Indianapolis. There are also plans …

May 28, 2014 12:24 pm

INSIDE INDIANA BUSINESS: Support growing for HIP 2.0

As the state prepares to begin public hearings on the potential expansion of the Healthy Indiana Plan, another prominent health care group has come out in support of the proposal. Indiana Rural Health Association Executive Director Don Kelso believes HIP 2.0 will "help those who most need it…

May 27, 2014 12:15 pm

INSIDE INDIANA BUSINESS: Henry wants collective bargaining sudy commission

 Fort Wayne Mayor Tom Henry is calling for members of the public and private sectors to form a commission to study collective bargaining. Three ordinances that would alter current agreements with municipal workers are being examined by the city council.

May 26, 2014 3:05 pm

INSIDE INDIANA BUSINESS: Race could bring in $60 million

This weekend's 98th running of the Indianapolis 500 will generate tens of millions of dollars from out-of-state visitors. A 2013 Indiana University Public Policy Institute study suggests Sunday's race could bring in more than $60 million in direct spending. This weekend's event also marks th…

May 24, 2014 2:05 pm

INSIDE INDIANA BUSINESS: Longtime broadcaster returns to race

This weekend's 98th running of the Indianapolis 500 will generate tens of millions of dollars from out-of-state visitors. A 2013 Indiana University Public Policy Institute study suggests Sunday's race could bring in more than $60 million in direct spending. This weekend's event also marks th…

May 23, 2014 12:34 pm

INSIDE INDIANA BUSINESS: Dow extends mission to Africa

A new partnership between Indianapolis-based Dow AgroSciences and AMPATH, an Indiana University-led initiative, is aimed at assisting more than 200 million people in Africa who suffer from food insecurity. The initiative includes providing local farmers with expertise to improve crop yields …

May 21, 2014 12:43 pm

INSIDE INDIANA BUSINESS: Ball State set to name new president

Ball State University is slated to announce its next president Thursday during a news conference. They will be the school's 15th president and succeed Jo Anne Gora, who will retire next month.

May 20, 2014 12:15 pm

INSIDE INDIANA BUSINESS: CNO CEO says skills gap is 'very real'

The chief executive officer of Carmel-based CNO Financial Group Inc. says a skills gap in Indiana is "definitely" a hurdle as the company looks to add workers. Ed Bonach says many candidates are lacking basic communication and technical skills needed for CNO's customer service positions. He …

May 19, 2014 12:46 pm

INSIDE INDIANA BUSINESS: Texas jobs coming to Indiana

A South Bend-headquartered company is planning to move a massive operation from Texas to Indiana. Steel tower manufacturer Nello Corp. Inc. says it will relocate operations from Fort Worth to South Bend, creating nearly 640 Hoosier jobs by 2023. The company plans to begin hiring manufacturin…

May 15, 2014 12:26 pm

INSIDE INDIANA BUSINESS: Lechleiter to lead United Way Worldwide Board

Virginia-based United Way Worldwide has elected Eli Lilly and Co. Chief Executive Officer John Lechleiter chair of its board of directors. He will serve a two-year term helping lead the nation's largest charity. Read More

May 14, 2014 12:53 pm

IIB WEEK IN REVIEW: State has big plans for small communities

The state of Indiana is launching an effort designed to spark entrepreneurship in small and rural communities. Organizers say the Community Entrepreneurship Initiative will help connect participants to services including accounting and legal assistance as well as benefits such as discounted …

May 09, 2014 1:46 pm

INSIDE INDIANA BUSINESS: Downtown Fort Wayne project grows

The city of Fort Wayne is committing more money to a project Mayor Tom Henry says will be a downtown "game changer." The estimated cost for the Emerald Skyline development has grown from $71 million to $98 million, with Fort Wayne's portion increasing from about $19 million to $39 million. H…

May 09, 2014 12:23 pm

INSIDE INDIANA BUSINESS: Delaware County Manufacturer Adding Jobs

Yorktown-based Mursix Corp. has announced plans to expand its headquarters and create more than 100 jobs by 2017. The company says the $7 million investment will allow it to build components for alternative energy applications for use in the automotive, electronics and security markets. Chie…

May 08, 2014 12:32 pm

INSIDE INDIANA BUSINESS: Indy sends 'Super' proposal

Indianapolis' bid to host the 2018 Super Bowl is in the mail. The 900-page package will be distributed to National Football League owners, who will make a decision during meetings next month in Atlanta. Finalists Indianapolis, Minneapolis and New Orleans will each be given 15 minutes for liv…

May 07, 2014 1:52 pm

INSIDE INDIANA BUSINESS: Big investment boosts small company

The chief executive officer of Warsaw-based OrthoPediatrics Corp. says a nearly $40 million investment will allow the company to expand in Indiana and throughout the world. Mark Throdahl says his company plans to add dozens of engineering and marketing workers in Kosciusko County by the end …

May 06, 2014 12:16 pm

INSIDE INDIANA BUSINESS: Fort Wayne, Evansville land flights

American Airlines Group Inc. has announced additional nonstop air service from two Indiana airports. New flights from Fort Wayne International Airport to Philadelphia and Charlotte and from Evansville Regional Airport to Charlotte are set to take off in October. Evansville Regional Airport D…

May 05, 2014 12:08 pm

INSIDE INDIANA BUSINESS: Jasper company coming off record year

The chief executive officer of Jasper Engines & Transmissions says, unlike most companies, the harsh winter was good for the Dubois County business and helped lead to this week's expansion announcement. Doug Bawel says customers include large delivery companies and municipalities, which …

May 01, 2014 12:12 pm

INSIDE INDIANA BUSINESS: Manufacturer details major expansion

Jasper Engines & Transmissions has announced plans to add up to 235 jobs by 2017. The company says it will invest nearly $7 million to purchase, renovate and equip a facility near its DuBois County headquarters. The plant, which will house Jasper's transmission division, is expected to b…

April 30, 2014 12:23 pm

INSIDE INDIANA BUSINESS: Goodwill education effort expands

Goodwill Education Effort Expands

April 29, 2014 1:07 pm

INSIDE INDIANA BUSINESS: Indiana at center of Comcast-Charter deal

The big deal between Comcast Corp. and Charter Communications Inc. is a game-changer for the cable industry in Indiana. A map released by both providers shows Charter, or a spinoff managed by the Connecticut based company, will operate the majority of cable television systems in the state. T…

April 28, 2014 1:47 pm

IIB WEEK IN REVIEW :OrthoWorx says acquisition raises state profile

Warsaw-based Zimmer Holdings Inc. announced plans to acquire Biomet Inc., which is also based in the Kosciusko County city, for more than $13 billion. The deal still needs regulatory approval, but should close in the first quarter of 2015. OrthoWorx Chief Executive Officer Sheryl Conley says…

April 26, 2014 2:26 pm
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