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.
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.
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.
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, which fills online orders for dozens of retail brands, opened its 700,000-square-foot Brownsburg distribution facility in 2019.
September was the 12th consecutive month in which Indiana had an unemployment rate below 3%.
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-based tech startup Spokenote LLC on Thursday announced plans to spend nearly $3 million to relocate its headquarters in Fishers.
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.
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.
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.
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.
The bill creates a regulatory framework for companies to store captured carbon dioxide underground in Indiana.
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.
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.
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.
Michael Huber, who will become Indiana University’s vice president for university relations, said the school’s role as an engine to improve lives and the economic vitality of Hoosiers was a big draw.
The survey, released Wednesday, measures customer satisfaction based on feedback in six areas.
Atarraya Inc. announced Wednesday that it plans to invest $4.8 million to establish its first U.S. container-based shrimp farming operation in Indianapolis and create up to 65 jobs by the end of 2025.
Jacqueline Ardrey Ardrey will succeed president and CEO Robert Wallstrom, who earlier this year announced his plans to retire after leading the company since 2013.
