DePauw lands $200M in gifts to support strategic plan
The funding includes $150 million from a single donor, marking the largest gift ever given to the university.
Alex Brown, Inside INdiana Business
Articles
Job cuts part of Hillenbrand’s ‘restructuring’ plan
Indiana-based Hillenbrand Inc. is planning to launch a program designed to reduce costs and improve operational efficiency after what is being described as a weaker-than-expected performance from one of its primary business segments.
Massive Indiana plant included in $16.5B Catalent acquisition
The Catalent biologics campus covers 62 acres and has four buildings totaling almost one million square feet. The facility was opened by Cook Pharmica in 2004 and acquired by Catalent in 2017.
Indiana-based Haynes International to be acquired for $970M
The 112-year-old manufacturer, which is one of the largest public companies in the state, has agreed to be acquired by North American Stainless in Ghent, Kentucky.
Logistics firm closing Indy facility, laying off 110 workers
Tennessee-based Kenco Logistic Services LLC did not specify to state officials why it decided to close the facility at 202 S. Belmont Ave. The layoffs are scheduled to occur on March 19.
Meta to build $800M data center, add 100 jobs in Indiana
The 700,000-square-foot facility will be the company’s 22nd data center in the world and 18th in the United States.
EPA awards permits for Indiana carbon-sequestration project
Greg Zoeller, vice president of external affairs for Wabash Valley Resources, said the approval by the EPA is validation of about five years of work to get to this point.
Ivy Tech, Purdue partnering to fill Indiana’s engineer pipeline
The program fills a gap that was left behind by the split of IUPUI’s campus between Purdue and Indiana University.
‘Knockout’ tournament takes All-Star Game statewide
The Indiana Statewide Knockout Tournament got underway earlier this month and continues all the way until NBA All-Star Weekend in mid-February.
Company behind $845M data center in Indiana identified as Google
Google on Friday announced it has purchased the nearly 900 acres of land being used for the development, which until now has been known as “Project Zodiac.”
Indiana bill calls for creation of tourism improvement districts
Under the bill, funds raised through the district could be used for capital investments in the geographic area outlined in the district or to support marketing efforts aimed at attracting more visitors to the area.
Jane Pauley Community Health Center takes over 7 medical practices
The locations include six pediatric practices and one OB/GYN practice in Anderson, Greenwood, Indianapolis and Kokomo.
Lilly Endowment awards $100M to Purdue University
Indianapolis-based Lilly Endowment Inc. is awarding $100 million to the Purdue Research Foundation, with half the money going toward construction of the Mitchell E. Daniels Jr. School of Business building on the West Lafayette campus and the rest to support the Purdue Computes initiative.
Cook Group to sell West Lafayette-based biotech subsidiary to Florida company
Cook Biotech employs 275 people, all of whom will transition to RTI Surgical once the deal closes.
Congressman Larry Bucshon to retire at end of term
Buschon is the longest-serving member of Indiana’s Republican House delegation.
Novartis gets green light for production of cancer drug in Indy
The 70,000-square-foot facility near Indianapolis International Airport will be used to make Pluvicto, which is used to treat advanced-stage prostate cancer who have run out of treatment options.
Survey: Indiana manufacturers concerned about possible recession in 2024
Respondents to the survey identified persistent inflation, high interest rates, and a continued shortage of workers among the key challenges for the manufacturing industry.
Auto dealer creates program targeting technician shortage
The National Automobile Dealers Association says the automotive and truck retail industry needs to replace nearly 76,000 techs annually to keep up with retirements and new job demand.
Ascend Indiana names new CEO
Brad Rhorer, currently chief operating officer and chief talent officer for Conexus Indiana, will become the next president and CEO of Ascend Indiana, a talent and workforce development initiative.
IEDC boosting funding to support entrepreneurism, innovation
Among the updates are a boost in annual funding for venture development in partnership with venture firm Elevate Ventures and the creation of a $3 million pre-seed fund.