Maker of alternative proteins taps Richmond for $115M fermentation plant
Liberation Labs hopes to build a network of facilities make products for “existing major food brands as well as the growing network of food-tech innovators.”
Alex Brown, Inside INdiana Business
Articles
Report: Massive EV battery plant in Indiana on hold
The Wall Street Journal first reported Friday that General Motors Co. and Korea-based LG Energy Solution failed to come to an agreement on building a fourth plant through their Ultium Cells joint venture.
The Speak Easy names VC manager as new executive director
Chelsea Marburger most recently served as senior manager of entrepreneurial programming at venture capital firm Elevate Ventures.
Indiana City Brewing equipment heading for auction
The Indianapolis-based brewery is slated to have its equipment sold at auction next month, but it continues to look for new ownership prior to the sale.
Indiana Sports Corp prepping for big events, interested in NFL Draft
The new president of the Indiana Sports Corp said 2022 was a big year for sports in Indianapolis. But Patrick Talty said the organization also spent the year looking ahead, including the potential for Indy hosting a future NFL Draft.
New IEDC hire to focus on West Coast
The Indiana Economic Development Corp. said it hired Jillian Ochs to the new position of West Coast business expansion specialist with the goal of attracting high-tech investment from businesses and entrepreneurs in California.
Chiang: Indianapolis to play key role in Purdue’s future as tech leader
The new president of Purdue University said Indianapolis serve as one “bookend” for a “63-mile-long hard tech corridor” stretching “all the way to Tippecanoe County.”
On Legislature’s menu: Naming breaded tenderloin Indiana’s official sandwich
After unveiling his 2023 Next Level Agenda on Wednesday, Gov. Eric Holcomb said a bill would be introduced in this year’s legislative session to designate the breaded pork tenderloin as Indiana’s official state sandwich.
Tech exec Mike Langellier joins High Alpha venture studio
Langellier, who stepped down in May as CEO of Indianapolis-based TechPoint, has joined Indianapolis-based venture studio High Alpha as an operating partner.
Nevada logistics firm to enter market with Whitestown warehouse
The 160,000-square-foot facility was completed earlier this year. Novo Logistics said the warehouse will strengthen the company’s link between its existing hubs on the coasts.
Indianapolis metal fabricator sold to Pennsylvania company
Indianapolis-based Mi-Tech Tungsten Metals LLC has been acquired by Towanda, Pennsylvania-based Global Tungsten & Powders Corp.
Kettler stepping down as state agriculture chief
Bruce Kettler is set to become president and CEO of the Agribusiness Council of Indiana.
Holcomb gearing up to propose ‘READI 2.0’
In the current iteration of the statewide program, 230 projects have been accepted with a total funding request of $350 million, which in turn has leveraged more than $6 billion in funding from other sources.
State touts record $22B in economic development commitments
Indiana Gov. Eric Holcomb said 218 companies committed this year to locate or expand in Indiana this year, with plans to add a total of 24,059 Hoosier jobs.
TrendyMinds acquires Fishers marketing agency
The Indianapolis-based digital marketing agency announced Wednesday it has acquired Fishers-based Statwax, a performance marketing agency that focuses on data science and analytics.
Convenience store chain Wawa planning expansion into Indiana
Pennsylvania-based Wawa currently has more than 1,000 locations across six states and Washington, D.C. The convenience stores offer built-to-order food, beverages, coffee, and, in a majority of locations, gasoline.
FedEx Supply Chain to lay off 179 employees in Indianapolis
The company said the decision is part of a move to discontinue its management and operation of a facility on the city’s west side.
Indiana City Brewing looking for buyer
Indiana City Brewing Co. owners say their on-site taproom on the city’s near-east side will remain open and fully operational throughout the sale process.
Catalent laying off 400 employees in Bloomington
Since 2020, Catalent had been rapidly expanding operations as it produced vaccines for both Johnson & Johnson and Moderna Inc.
Inotiv plans to close two Indianapolis facilities in consolidation
The pharmaceutical testing company said it plans to close two isolator facilities in Indianapolis and consolidate them with existing facilities in the United States.