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INSIDE INDIANA BUSINESS: Toyota adding hundreds of Indiana jobs

Princeton-based Toyota Motor Manufacturing Indiana Inc. is expanding again. The automaker says it will invest $100 million to boost Highlander production, a move expected to create up to 300 jobs by 2016. President Norm Bafunno tells Inside INdiana Business the region's "outstanding work for…

6 hours ago

INSIDE INDIANA BUSINESS: Purdue, Crane to join portfolios

The president of the Purdue Research Foundation says a new commercialization partnership with the Crane Naval Surface Warfare Center will allow the school to connect with a key driver in Indiana's "innovation ecosystem." Dan Hasler says the installation and university have a combined 700 pie…

August 21, 2014 2:32 pm


TV Shakeup Goes Beyond Indy

August 18, 2014 12:47 pm

INSIDE INDIANA BUSINESS: Huntingburg, Wabash reel in 'stellar' gonor

Huntingburg, Wabash Reel in 'Stellar' Honor

August 14, 2014 12:50 pm

INSIDE INDIANA BUSINESS: Purdue continues affordability push

Purdue University is launching another effort focused on college affordability. The school has introduced a program which allows students to graduate in three years - one year sooner than a traditional schedule. Purdue's Brian Lamb School of Communications created the program, which starts t…

August 12, 2014 12:53 pm

INSIDE INDIANA BUSINESS: IMS hopes to make busy schedule busier

Even with an increased number of racing events this year, the president of the Indianapolis Motor Speedway says there is "room for more." Doug Boles says the venue has long-term plans for the Indianapolis Grand Prix and The Brickyard Vintage Racing Invitational, which debuted this year. He s…

August 11, 2014 12:39 pm

INSIDE INDIANA BUSINESS: Carmel continues on road to redevelopment

Carmel Mayor Jim Brainard is asking residents to patronize businesses that he says are under a "tremendous amount of pressure" because of major construction on U.S. 31. He says the "#31BITES" initiative, unveiled today, is designed to boost businesses, which he believes will ultimately benef…

July 31, 2014 12:44 pm

INSIDE INDIANA BUSINESS: Ballard: Crime cycle 'must stop'

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July 30, 2014 12:48 pm

INSIDE INDIANA BUSINESS: Big-name builder acquired

The company behind many of Indianapolis' most well-known structures has been sold. Indianapolis-based Hunt Construction Group has been acquired by AECOM Technology Corp. in California. Hunt's projects include Lucas Oil Stadium, the downtown JW Marriott and the Col. H. Weir Cook Terminal at I…

July 29, 2014 1:03 pm


HALO Wings by $20 Million Mark

July 28, 2014 2:39 pm

INSIDE INDIANA BUSINESS: Women's fund launches multi-million dollar effort

An Indianapolis-based organization is conducting a nationwide search for entrepreneurs who can help bring economic stability to an age-group that often "falls through the cracks." The Women's Fund of Central Indiana has launched a multi-million dollar initiative, which involves three hiring …

July 25, 2014 12:57 pm

INSIDE INDIANA BUSINESS: GE, IU announce partnership

General Electric Co. is continuing to expand its presence in Indiana. Months after subsidiary, GE Aviation, announced major investments in South Bend and Lafayette, the company has detailed a partnership with Indiana University's Kelley School of Business. The two-year graduate-level informa…

July 24, 2014 1:31 pm

INSIDE INDIANA BUSINESS: Group has 'gold medal' goals

A more than $14 million project could set up a Fort Wayne nonprofit to be a major player in the training of U.S. Paralympic athletes. The "Turnstone of Tomorrow" plans call for a new adaptive technology sports and recreation fieldhouse with multiple collegiate-sized basketball courts, a more…

July 23, 2014 1:23 pm

INSIDE INDIANA BUSINESS: Indiana banks merging

Muncie-based First Merchants Corp. has reached a more than $46 million agreement to acquire Community Bancshares Inc. in Noblesville. The deal is expected to close early next year.

July 22, 2014 1:49 pm

INSIDE INDIANA BUSINESS: Indy nails Lowe's deal

The world's second-largest home improvement retailer is planning hundreds of jobs in central Indiana. Indianapolis Mayor Greg Ballard and Indiana Governor Mike Pence are scheduled to announce details on the project during a news conference Tuesday morning. Inside INdiana Business has confirm…

July 21, 2014 2:24 pm

INSIDE INDIANA BUSINESS: New bridge proposal Could Save Millions

A group of Indiana and Kentucky leaders advocating for an I-69 bridge across the Ohio River says new modifications could shave $600 million off the previous proposal. BridgeLink says narrowing the bridge's shoulders and cutting it from six to four lanes would drop the estimated cost to $800 …

July 17, 2014 12:41 pm

INSIDE INDIANA BUSINESS: GM continues to bank on Bedford

General Motors Co. is seeking tax abatement on its fourth major expansion in Bedford in three years. The auto manufacturer is looking to pump $27 million into the facility and add more than three dozen jobs. The move follows a $29 million plan announced in December to beef up the Lawrence Co…

July 16, 2014 1:16 pm

INSIDE INDIANA BUSINESS: British company announces major Indiana investment

London-based Tate & Lyle says it will invest more than $90 million in its Tippecanoe County operations and add a small number of jobs over the next three years. Governor Mike Pence took part in the food ingredient supplier's announcement as part of his economic development trip to the Un…

July 15, 2014 2:06 pm

INSIDE INDIANA BUSINESS: South Bend airport continues global push

The executive director of South Bend International Airport says an announcement to expand air service to the greater New York City area beginning in October is another step toward securing more global destinations. Mike Daigle tells Inside INdiana Business new international charter service "…

July 14, 2014 12:31 pm

INSIDE INDIANA BUSINESS: City Hopes Baseball Movie Will be a Tourist Hit

A small southern Indiana community is hoping to turn a well-known movie into a tourism boon. Huntingburg is home of League Stadium, where the 1992 movie "A League of Their Own" was filmed. Mayor Denny Spinner says he hopes to replicate the success Iowa has had in marketing itself as the home…

July 11, 2014 2:56 pm

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…

July 10, 2014 12:33 pm

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
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