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.
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.
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.
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.
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.
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.”
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.
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.
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.
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.
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.
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.
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.
MW Cold, a fourth-generation company that operates two large cold-storage facilities in central Indiana, is under new ownership.
Donna Kelsey plans to remain a senior adviser and will be succeeded by Chief Financial Officer Steve Van Camp.
When the deal is completed, Hillenbrand said the Food and Performance Materials business of Schenck Process will join its Advanced Process Solutions segment.
The agreement is the third global semiconductor partnership involving Purdue University announced this month.
The state’s labor force participation rate increased slightly, to 63.6%, in April and remains above the national rate.
Community Health said the 50,000-square-foot hospital at 8920 E. 56th St. has 40 beds and is designed to address a growing need for inpatient rehab services throughout central Indiana.
In April 2022, Cummins announced plans to spin off the business, then known as Cummins Filtration, which provides filtration products for trucks, off-highway industrial equipment and power generation systems.
