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.
Alex Brown, Inside INdiana Business
Articles
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.
Kelley School economic forecast underscores uncertainty for 2023
The annual Business Outlook forecast from Indiana University Kelley School of Business, released Thursday, says predictions are tougher than usual to make due to aggressive increasing of interest rates by the Federal Reserve.
IPS superintendent seeks tax increase to fund school reorganization plan
The tax referendum—which would be on the May 2023 ballot—would increase the median homeowner’s bill by $6 per month, IPS officials said.
Franklin-based industrial supplier acquired by Alabama company
Quality Mill Supply Co., which was started in 1944 and operates five locations in Indiana, is the fourth Indiana business to be acquired by Martin Supply or its parent company in the past three years.
Ground broken on $50M McCordsville district
The overall, $50 million master development is receiving $8.5 million in public funding, including $3.5 million from the Indiana Regional Economic Acceleration and Development Initiative, or READI.
Radial looking to fill seasonal positions in Brownsburg
Radial, which fills online orders for dozens of retail brands, opened its 700,000-square-foot Brownsburg distribution facility in 2019.
Indiana unemployment rate unchanged in September
September was the 12th consecutive month in which Indiana had an unemployment rate below 3%.
Butler to host Big East championships at new Esports Park
The 7,500-square-foot Butler Esports Park will officially open to the community on Friday. The facility includes PC and console gaming and event space, as well as co-working spaces, a studio and production room, and a cafe.
Fishers startup plans 300 jobs, move to new headquarters
Fishers-based tech startup Spokenote LLC on Thursday announced plans to spend nearly $3 million to relocate its headquarters in Fishers.
Logistics firm to open Whitestown fulfillment center
Capacity Midwest, which provides third-party logistics services for a variety of industries, said the facility at will ultimately employ 250 workers when fully operational.
Purdue trustees approve new president’s contract, Daniels’ at-risk pay
Additionally, Purdue University said most students on the West Lafayette campus will not see an increase in room and board rates for the 2023-2024 academic year.
Elevance, Cummins CEOs named to ‘Most Powerful Women’ list
CVS Health Corp. CEO Karen Lynch topped the list for the second consecutive year, followed by Accenture CEO Julie Sweet and Citigroup Inc. CEO Jane Fraser.
Health system Ascension to close hospital, 9 medical practices in Indiana
The closure of the hospital will result in the layoffs of 77 employees, and more than 50 employees will be affected by the closures of the nine practices.
Holcomb touts carbon capture law, adding to Indiana’s hydrogen plans
The bill creates a regulatory framework for companies to store captured carbon dioxide underground in Indiana.
Medical tech startup planning expansion, up to 175 new jobs
The New Albany company currently employs about 35 people and is hiring for software engineers, implementation managers, business development leaders, marketing experts and other positions.
Council pledges incentives for proposed $2.4B battery plant in New Carlisle
The South Bend Regional Chamber says if the New Carlisle site is chosen for the project, the plant could generate an estimated $652 million in annual economic impact once fully operational.
UPDATE: Purdue planning expanded school of business
Purdue University officials say they’re building on momentum for combining STEM and business education by renaming the current school of management, expanding its faculty and student enrollment and housing them in a new building.