‘Smart concrete’ being tested on Indianapolis interstate
The sensors are designed to give a more accurate depiction of when concrete has “matured” after being poured or repaired and is strong enough to handle heavy traffic.
Alex Brown, Inside INdiana Business
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Greenwood developing new master plan to fuel growth
Gabe Nelson, planning director for the city, said public input will play a major role in the creation of the plan, which aims to ensure Greenwood remains attractive to existing residents and businesses, while creating opportunities to attract new ones.
Greenwood council considering tax breaks for two projects
The Greenwood City Council has given preliminary approval to a tax abatement on an $8.5 million speculative office building and is considering a separate incentive agreement for a manufacturer’s expansion.
Canadian chemical firm plans recycling facility, 125 jobs in Indiana
Nova Chemicals Corp., a producer of sustainable polyethylene based in Calgary, Alberta, announced plans Tuesday to establish its first mechanical recycling facility, in Connersville, Indiana.
Fishers-based company to bring new life, jobs to former RCA plant
ReElement Technologies LLC plans to invest a minimum of $100 million to convert the 425,000-square-foot facility into a rare earth and battery material refinery that could eventually employ more than 300 people.
Peyton Manning added to Rally innovation conference
Manning is the fourth and final keynote speaker announced for Rally, which is scheduled for Aug. 29-31 at the Indiana Convention Center in downtown Indianapolis.
Walmart spending $108M to expand Indiana distribution center
The expansion will double shipping capacity and add automation technology that the company said will increase the speed with which merchandise gets sent to Walmart stores.
Med tech startup getting boost from global accelerator
West Lafayette-based Neurava is one of 61 companies from around the world to showcase its medical technology as part of the 11th annual MedTech Innovator, billed as the largest accelerator of med tech companies.
Pitney Bowes eliminating 311 jobs in Greenwood
Brett Cody, senior director of communications for Pitney Bowes, said the company is shifting its parcel delivery and returns operation to two other Midwest hubs “to more efficiently meet client demands and evolving market opportunities.”
Indy-based smart mailbox startup prepping for public offering
Arrive CEO Dan O’Toole said he is targeting early 2024 to make the initial public offering. The company has secured the ticker symbol ARRV.
Nucor to add $115M manufacturing plant, 200 jobs in Indiana
The facility will support the steelmaker’s recently established Towers & Structures business unit, which manufactures a variety of utility structures, including engineered poles, light-duty poles and substation structures.
Indiana chosen for $3B electric vehicle battery plant, 1,700 jobs
General Motors and South Korea-based Samsung SDI announced Tuesday that they have selected a 656-acre site in New Carlisle to build the plant, which could become operational by 2026.
GM to spend $632M on Fort Wayne Assembly plant upgrades
While no new jobs are being created, the company said the move will help retain the nearly 4,000 employees at the northeast Indiana facility.
Indiana’s largest credit union changing its name
Teachers Credit Union on Tuesday said the rebranding better reflects its “mission to empower and serve all people and grow beyond its original educator roots.” It will also mean a name change for TCU Amphitheater at White River State Park.
Former Ivy Tech leader Gerald Lamkin dies at 86
Current Ivy Tech President Sue Ellspermann called Lamkin the father of Indiana’s community college system, saying no single leader has had more impact on Ivy Tech.
Holcomb to make 15th international business-development trip
Indiana Gov. Eric Holcomb and Indiana Secretary of Commerce Brad Chambers plan make their third economic development trip to Europe in just over a year, his office announced Thursday.
Local cold storage firm founded in 1951 acquired by South Dakota biz
MW Cold, a fourth-generation company that operates two large cold-storage facilities in central Indiana, is under new ownership.
CEO of American Senior Communities stepping down
Donna Kelsey plans to remain a senior adviser and will be succeeded by Chief Financial Officer Steve Van Camp.
Hillenbrand acquires food processing equipment business for $730M
When the deal is completed, Hillenbrand said the Food and Performance Materials business of Schenck Process will join its Advanced Process Solutions segment.
Purdue inks another international semiconductor agreement
The agreement is the third global semiconductor partnership involving Purdue University announced this month.