Data center developer eyeing 618-acre site in Hendricks County
Denver, Colorado-based Vantage Data Centers has submitted a rezoning request with the intent of building a large-scale data center with multiple tenants.
Susan Orr
Articles
Cummins reorganizes alt-power business, reports full-year profit of $3.9B
Cummins said it reorganized its Accelera business unit because of a slowdown in demand for some of its alternative-fuel products.
391-acre data center project proposed for Morgan County
Acting on behalf of an unnamed developer and end user, the Morgan County Economic Development Corp. is seeking rezoning for a 391-acre site for the construction of a five-building data center.
Indiana has the juice to fuel surge in data centers
When it comes to large-scale data center activity, the Hoosier state has gone from what feels like zero to 60 in a little over a year.
Elevate Ventures introduces host committee for 2025 Rally conference
Elevate Ventures, the creator of the annual Rally innovation conference, says now that the event is in its third year the time was right to launch a host committee that will oversee event planning.
Trump administration’s proposed funding freeze causes uncertainty, delays in central Indiana projects
Although the White House’s planned federal funding freeze was temporarily paused by a judge late Tuesday afternoon and rescinded Wednesday, it’s already delaying some central Indiana-based projects.
Financial Center to absorb Post Office Credit Union in merger
Financial Center First Credit Union, which is among the Indianapolis area’s largest credit unions, plans to merge with the Indianapolis Post Office Credit Union.
Local dealmakers say 2025 should be a big year for M&A activity
The promise of a lighter regulatory environment from the Trump administration, lingering effects of the pandemic and a proliferation of would-be buyers all suggest 2025 will be a year of robust dealmaking.
New life sciences consortium aims to give Indiana researchers better access to health data
AnalytiXIN has launched a consortium designed to give Indiana researchers better access to health care data—potentially helping Eli Lilly and Co. and other companies develop new medicines more quickly.
Financial woes affect employees at work, new survey says
In a new report from Indianapolis-based Your Money Line, 61% of respondents reported constant financial anxiety and 84% said their financial concerns contributed to feelings of exhaustion and burnout.
Indianapolis fintech startup Habits lands $1.1M investment
Indianapolis-based Habits Inc., which offers a platform where financial advisers can connect with potential clients, announced this week that it had closed on a $1.1 million round of pre-seed funding.
IAC approves plan to spin off company once known as Angie’s List
New York City-based media conglomerate IAC, which acquired Indianapolis-based Angie’s List in 2017, announced Monday that it plans to spin off its ownership stake in the company, which now operates as Angi Inc.
Executive director of Bloomington entrepreneurship center The Mill announces departure
“The Mill has significant momentum and I feel great about the foundation I’m leaving for the next leader to build upon,” founding executive director Pat East said in his announcement.
Financial advisers in demand in digital age
The industry is in expansion mode, with job growth expected to significantly outpace overall U.S. job growth over the next several years.
Woman sentenced following guilty plea in $1M employer theft case
A former employee of a Greenfield-based contracting business has been sentenced to 30 months in prison on charges that she defrauded her former employer out of more than $1 million.
Fishers-based Pierce Aerospace lands $10M federal contract for drone tech
Fishers-based Pierce Aerospace, whose technology allows users to detect, track and identify drones, has secured a $10 million government contract that could set the company up for future growth.
OneAmerica pledges to raise base pay rate to $22 per hour
Indianapolis-based OneAmerica Financial, the city’s largest private company, announced Wednesday that it will raise its minimum pay rate to the equivalent of $22 per hour for all full-time employees by March.
Indianapolis tech startup Stellar lands $2.7M in seed funding
The seed round was oversubscribed, meaning Stellar Technology Services attracted more investor interest than anticipated.
IEDC, Hoosier startups headed to CES trade show in Las Vegas
The Indiana Economic Development Corp. has selected eight Indiana startups to accompany the organization to CES, the major consumer electronics trade show being held next week in Las Vegas.
Fishers-based Arrive AI files paperwork to go public
Arrive AI, which has developed a “smart mailbox” system for human and drone deliveries, intends to go public via a direct listing on the Nasdaq Global Market.