Indianapolis-based ag tech company lands $20 million in funding
IntelinAir, which was formed in 2015, said this is its largest round of funding to date. The company moved its headquarters to Indianapolis from Illinois last month.
Agribusiness
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Ag-tech firm using aerial photos, big data to help farmers manage fields
Indianapolis-based IntelinAir Inc. sees a big opportunity in the use of artificial intelligence and machine learning to help farmers keep tabs on their crops.
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Beck’s Hybrids adds Nebraska to its sales territory
Hamilton County-based seed company Beck’s Hybrids said the marketing expansion increases its total reach to 75 percent of the corn and soybean farmers in the United States.
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Altum’s to open roadside stand as stepping stone to new Zionsville location
Altum’s Garden Center has vacated its longtime site at 11335 N. Michigan Road in Carmel and is planning to open a temporary roadside garden stand next to the Finley Creek Vineyards Event Center in Zionsville next week.
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Genetically modified salmon from Indiana head to U.S. dinner plates
Several tons of salmon, engineered by biotech company AquaBounty Technologies Inc. and raised in Indiana, are heading to restaurants and dining services for the first time.
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Articles
Surging fertilizer costs risk making food even pricier next year
A perfect storm of events—from extreme weather and plant shutdowns to new government sanctions—have hit the chemical fertilizer market this year, slamming farmers already buckling under the strain of rising costs to produce food.
Online farmer’s market tech firm raises $5M, plans HQ move to Indianapolis
Carmel-based Market Wagon grew from five employees to almost 55 during the pandemic, prompting the need for more operations space. It also plans to expand from 29 to 50 markets by the end of the year.
High-tech indoor farmer AppHarvest starts shipping tomatoes
AppHarvest—an indoor farming company backed by Indianapolis-based Novus Capital Corp. and celebrity Martha Stewart—thinks the agriculture sector is ripe for disruption. And now, its tomatoes are ripe for eating.
Israel-based agtech firm Taranis moving global headquarters to Westfield
The company announced Thursday that it plans to spend $10.5 million to relocate its global headquarters, expand operations and add 60 employees over the next three years.
No longer sleepy and small, Elanco marks transformation with new HQ
CEO Jeff Simmons said the company’s high-profile downtown Indianapolis headquarters will signal a cultural transformation at the company, which for most of its six decades of existence operated as a little-noticed subsidiary of Eli Lilly and Co.
Court orders FDA to assess environmental impact of modified salmon
The ruling centers on AquaBounty’s salmon, which are genetically modified to grow faster than normal salmon. After clearing other regulatory hurdles. AquaBounty began growing the fish in indoor tanks at an Indiana plant last year.
Spring freeze shortens fall apple season for Indiana orchards
The sub-freezing snaps—which led to severe fruit damage and significant crop loss—affected roughly 70% of the apple crop, said Peter Hirst, a tree fruit specialist at Purdue University.
EPA sides with farmers on ethanol, rejects refinery waivers
Federal regulators on Monday handed a victory to corn farmers and the renewable fuels industry by refusing to allow a group of petroleum refiners in 14 states to forego requirements to blend ethanol into the gasoline they make.
Beef proving more profitable than chicken in pandemic
Inexpensive chicken was supposed to be the pick of the proteins in the pandemic. But suppliers with a greater focus on beef are outperforming those that rely more on poultry.
Frazier takes reins of AgriNovus with eyes on global impact
Former ExactTarget and TinderBox executive Mitch Frazier is bringing his global vision of agriculture and his knowledge of technology to AgriNovus Indiana, the agbioscience initiative of the Central Indiana Corporate Partnership.
Meat shortages reopen costly path to small U.S. slaughterhouses
Congress is considering amending laws to make it easier for smaller processors to sell products. But while new, smaller slaughterhouses could be the antidote to industry concentration, they don’t offer a quick, or inexpensive, fix.
Delphi pork plant resumes operations after 2-week closure
Workers returned Friday to Indiana Packers Corp. plant following the completion of coronavirus testing of its 2,267 workers. More than 300 plant workers tested positive for the coronavirus, about 13% of its workforce.
AgriNovus Indiana hires farm equipment CEO, tech vet to lead organization
AgriNovus Indiana, an agbioscience initiative by the Central Indiana Corporate Partnership, on Wednesday announced it has hired Mitch Frazier as its CEO.
Another Indiana pork plant closing temporarily during pandemic
Employers have struggled to contain the virus in meatpacking plants, where workers toil side by side on production lines and often share crowded locker rooms, cafeterias and rides to work.
Fishers ag-tech firm that had big growth plans files for bankruptcy
Fishers-based Aggressively Organic Inc., an agricultural technology company that focuses on alleviating food insecurity, announced plans in 2017 to hire 200 people by the end of 2021.
Florida agtech firm aims to profit from Indiana corn waste
Naples, Florida-based Cormo USA is is set to make its mark in the world of peat moss, and the agricultural technology firm thinks Rushville is the place to do it. The company projects local employment will hit 250 by 2025.
Some Indiana farmers uncertain hemp will become profitable
Some Indiana farmers have started harvesting their first legal crop of hemp without knowing whether it will prove to be lucrative.
VP Pence says Indiana has ‘a lot to gain’ from new North American trade deal
Vice President Mike Pence stumped for President Trump’s proposed deal with Mexico and Canada during a rally Thursday at McAllister Machinery on the city’s southeast side.
Farmers’ loyalty to Trump tested over new corn-ethanol rules
The trigger wasn’t Trump’s China tariffs, but the waivers the administration granted this month to 31 oil refineries so they don’t have to blend ethanol into their gasoline.