Hillenbrand shares soar after it announces $3.8B acquisition
Hillenbrand Inc., one of Indiana’s largest public companies, is set to become private after being acquired by an investment firm headquartered in Dallas, the company announced Wednesday.
Alex Brown, Inside INdiana Business
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Amazon adding 8,500 holiday jobs in Indiana
Amazon announced Tuesday that it’s looking to fill 250,000 full-time, part-time and seasonal positions nationwide ahead of the holiday shopping season.
Allison Transmission lands $97M for Abrams Tank transmissions
The award follows an $80 million contract that Allison received from the program for 2025 and an $83 million contract for 2024.
$80 million gift to fund new athletic complex at DePauw
The funding commitment from a DePauw alumnus will fund the construction of a new, 70,000-square-foot athletic stadium and sports performance center.
Amazon to add fulfillment center, hundreds of jobs in Greenfield
The 1 million-square-foot fulfillment center is planned for a speculative building north of Interstate 70 constructed in 2022.
First Merchants Bank announces merger with Jeffersonville bank
The combined company is expected to continue to do business under the First Merchants Bank brand and would have combined assets of $21 billion.
Former Ball State employee files federal lawsuit over termination for Charlie Kirk comments
The suit, filed Monday in an Indianapolis federal court, claims Suzanne Swierc’s firing was a violation of her First Amendment rights.
Applied Research Institute promotes Kossack to CEO
The institute declined to provide a reason for the departure of David Roberts, who had led the organization since January 2023.
‘Power Up’ initiative seeks to boost employee upskilling efforts
Using $10 million appropriated by the Legislature, the state’s Office of Commerce says it will provide grants to employers to offer training with the goal of building skills to match the needs of their open positions.
Martin University president Huddleston to step down
Sean Huddleston was appointed the fifth president of the Predominantly Black Institution in 2019 and received a 10-year contract extension in 2022.
Butler Angel Network aims to give students venture capital experience
Students will actively participate in due diligence, deal sourcing, portfolio analysis and angel investor communication as a way to gain real-world exposure to early-stage investing, the university said.
READI regions provide ‘sound foundation’ for Indiana’s regional policy, study says
Earlier this year, Gov. Mike Braun signed an executive order directing state leaders to establish a unified regional framework for economic and workforce development.
Braun calls for evaluation of utility companies’ profits amid rate hikes
Gov. Mike Braun also appointed a new commissioner of the Office of Utility Consumer Counselor, which serves as an advocate for Indiana utility customers.
International School targets major upgrades with 10-year master plan
The plan, which has an estimated cost of $15.5 million, will feature a series of infrastructure upgrades, facility additions and enhancements, and an endowment to fuel long-term campus maintenance.
Photon Automation launches energy-focused contract manufacturing division
The Greenfield-based company is expanding with a new division that will provide contract manufacturing and development services for the battery and energy storage industry.
Former Corteva leader tapped as next AgriNovus CEO
She brings 15 years of experience in the food and agriculture space, including more than seven years at Dow AgroSciences.
Stellantis announces job cuts at Indiana EV battery plant
StarPlus Energy LLC, the joint venture between global automaker Stellantis and Samsung SDI, is laying off workers, Stellantis announced Wednesday.
Brightlane Learning announces CEO transition
Brightlane Learning provides academic support to unhoused students, as well as guidance for their families and caregivers at more than 30 Indianapolis-area schools and shelters.
Fishers-based Arrive AI plans to add 40 jobs amid expansion
Arrive said most of the jobs will be based at its Hamilton County headquarters.
Downtown foot traffic, Indianapolis hotels saw boost during Pacers’ run to NBA Finals
The nine-week playoff run led to a significant financial boost for local hotels and an increase in visitor traffic to restaurants and attractions.