Indiana has more damage from excess moisture than any other agricultural state, according to the U.S. Department of Agriculture. Purdue University estimates losses to the state’s corn and soybean crops at $300 million and $200 million, respectively.
The company plans to invest $7.7 million in its Greenfield factory, which will lift production to an estimated 1.2 million power tools annually.
Municipal-owned utilities are trying to fend off an attack on a state law that allows them to expand their territories through annexation. Rural electric cooperatives and investor-owned utilities say they’re losing big customers.
Covance manages clinical trials for drugmakers including locally-based Eli Lilly and Co. It employs about 1,500 workers in Indianapolis and Greenfield.
Red Ribbon Antiques, which opened its doors on Main Street in 1989, will open them one final time Sept. 6 to liquidate the inventory Gloria Holloway established over her 25-year business career.
Wall Street analysts raised their eyebrows at the hefty price Eli Lilly and Co. will pay to acquire Novartis Animal Health, when compared to the value of the biggest player in the field.
PlaqueMaker.com plans to invest as much as $3 million to expand its Fortville operations, building and equipping a 42,000-square-foot facility and nearly doubling its staff by the end of 2018.
Officials in six central Indiana counties have the go-ahead to seek voter permission to fund a regional bus system.
Greenfield Mayor Dick Pasco, who had been suffering liver problems since soon before his 2011 election, had decided against further treatment, his family said.
The local developer’s purchase of the complex is part of a shift within the company to complement its traditional development business with acquired properties.
Rick Peters, founder of Carmel-based Ultra Athlete LLC—a small manufacturing firm with a reputation for state-of-the-art ankle braces—sent his latest brace to the Denver Broncos head trainer on a whim, and saw Manning wearing it three days later.