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.
Alex Brown, Inside INdiana Business
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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.
Blue & Co. acquires Indianapolis accounting firm
Carmel-based accounting firm Blue & Co. LLC has acquired Alerding CPA Group in Indianapolis.
Temporary space set up for Lafayette Square Mall tenants
Owner Sojos Capital said more than 20 Lafayette Square Mall tenants will set up shop on the first floor of the former Sears building and will not be required to pay rent.
Purdue, Accenture partner on smart manufacturing
Purdue said the company has committed to provide funding to establish the Accenture Smart Factory on the West Lafayette campus as well as the Accenture Smart Manufacturing Scholars Program.
Homegrown fast-food chain closing seven Indiana locations
Penguin Point, a Warsaw-based fast-food chain that dates back to 1950, is now down to nine restaurants.
Semiconductor firms plan to spend $300M, hire nearly 550 at tech campus
The Indiana Economic Development Corp. says the WestGate One campus in Odon will accelerate the re-shoring of semiconductor research and manufacturing in the U.S.
Indiana’s unemployment rate rises to 3%
Despite the rate’s increase, the state gained 6,900 private-sector jobs last month, the Indiana Department of Workforce Development reported.
GM to invest $45M to expand EV parts production at Indiana plant
The investment will be used to support additional production of electric vehicle drive unit castings ahead of what GM anticipates will be strong demand for the Chevrolet Silverado EV and GMC Sierra EV full-size pickup trucks.
Roche launches brand for at-home COVID test
The test is the first over-the-counter test distributed in the U.S. by Roche Diagnostics, which has its North American headquarters in Indianapolis.