INDOT approved for $255M in funding for welcome center projects
The projects are part of INDOT’s Rest Area & Welcome Center Improvement Plan, which will ultimately improve 21 rest area and welcome centers across the state over the next 10 years.
Alex Brown, Inside INdiana Business
Articles
Microsoft planning $1B data center in Indiana
The 245,000-square-foot facility, to be located on nearly 500 acres in the Radius Industrial Park, is expected to create up to 200 jobs by the end of 2032.
Ivy Tech, Conexus partner on advanced manufacturing skills training
The pair are teaming to support a growing number of advanced manufacturing companies that are integrating more digital technologies into their operations.
Taylor University launches $500M capital campaign
The Upland university launched the quiet phase of the campaign three years ago and has already raised $275 million toward its goal to date.
Google’s investment in Indiana data center project grows to $2B
Google now plans to spend $2 billion on its data center project in northeast Indiana, the tech giant announced Friday—more than double the amount the company said it would originally invest in the development.
Toyota to spend $1.4B to add EV production at Indiana plant
Production of a new battery electric vehicle at the plant is expected to result in 340 new jobs by the end of 2025, Toyota announced Thursday.
ISU promotes Graves to men’s basketball head coach
Matthew Graves, 49, a former Butler University player (1993-98) and assistant coach (2000-2013) has served as associate head coach for the Sycamores since 2021.
Indiana State names Michael Godard as next president
Godard currently serves as provost at Southeast Missouri State University, where he is also a tenured professor of exercise science.
Indiana allocates $500 million in READI 2.0 funding
Fifteen regions will share in $500 million in funding from the second round of the Regional Economic Acceleration and Development Initiative.
Governor, IEDC to announce READI 2.0 grant allocations
Fifteen regions representing all 92 counties have submitted proposals for the $500 million program, which the state estimates will generate at least $3 billion in local public and private investment.
Chip maker SkyWater cancels plans for Indiana plant—at least for now
Skywater Technologies had been expected to invest $1.8 billion in a plant at Discovery Park District at Purdue University, but the company said then the deal was contingent on funding from the CHIPS and Science Act.
Fort Wayne Mayor Tom Henry dies after cancer battle
The news of Henry’s passing came just hours after his family said the mayor had entered hospice care following a cancer-related medical emergency early Wednesday.
New investment platform considered ‘milestone’ for Corteva
Through the platform, Corteva plans to partner with entrepreneurs and innovators to “accelerate the development of early-stage, disruptive technologies that enable farmers to sustainably produce more food and feed.”
Six local school districts chosen for grants to develop plans to boost college enrollment
The grants are part of the $10 million second phase of the Richard M. Fairbanks Foundation’s College Matters: Reversing the Trend initiative.
Kroger to sell specialty pharmacy business to Elevance subsidiary
Kroger said the specialty pharmacy business is separate from its in-store retail pharmacies and The Little Clinics, which are not included in the proposed sale.
Ascension campaign for new Women and Children’s Tower reaches nearly $26M
Former Indianapolis Colts Quarterback Peyton Manning on Thursday announced the Care for Tomorrow campaign has received nearly $24 million in donor funding since its launch a year ago.
Johnson County employer resource program shifting to new operator
The program, established in 2020, allows companies to access a success coach, who can assist employees with a variety of needs such as housing issues, food banks, or financial literacy resources.
New $29M Legend Fund aims to provide more capital to Indiana small businesses
The IEDC said the Legend Fund will give non-traditional lenders an incentive to provide operating capital to Indiana-based businesses. Eligible lenders could have a portion of the loans they issue purchased by the IEDC, freeing up capital to support more entrepreneurs and small businesses.
Biopharma company plans $250M expansion in Bloomington
Simtra BioPharma Solutions on Wednesday announced plans to expand its sterile fill/finish manufacturing campus in Bloomington and add about 130 jobs.
Munitions campus planned for Indianapolis, Crane
The American Center for Manufacturing & Innovation in Austin, Texas has announced plans for what it calls a first-of-its kind project that could bring hundreds of millions of dollars in private investment to Indiana.