U.S. Steel will cut production at the Illinois plant, likely in November, but it won’t lay off any of the roughly 800 workers there or reduce their pay, it said.
EchoStar said recent deals will resolve inquiries from the Federal Communications Commission about the rollout of 5G technology.
PNC has been on an acquisition streak in the last few years to make the bank one of the biggest players in retail banking in the country.
Allegion, whose Americas division is based in Carmel, has completed nine acquisitions so far this year—a significant increase from recent years.
SePro offers water-quality analysis services and chemicals that address problems such as algae blooms and invasive weeds in surface water sources ranging from backyard ponds to large lakes and reservoirs.
The summer surge shows how dealmakers have continued their strong recovery from what was a disappointing start to the year.
Vivian Farris, who acquired the cafe, bakery and catering business in 2014 from founders Ernie and Sue Kobets, is set to retire after a long career in the food-service business.
Lawrence-based software firm Schneider Geospatial, which has more than doubled its employee base over the past three years, just acquired its fifth company since 2022.
TV watchers in Indianapolis might soon flip through the local news channels and find three of them owned and their broadcasts produced by the same company.
Lowe’s is buying Foundation Building Materials, a distributor of drywall, insulation, metal framing, ceiling systems, commercial doors and other products that serve large residential and commercial professionals.
Nexstar is the parent of Indianapolis Fox affiliate WXIN-TV Channel 59 and CBS affiliate WTTV-TV Channel 4. Tegna is owner of Indianapolis NBC affiliate WTHR-TV Channel 13.
The name change was ordered by NBC Universal, which last November spun off cable networks USA, CNBC, MSNBC, E! Entertainment, Oxygen and the Golf Channel into its own company, called Versant.
The merger adds more than 100 lawyers to the Taft team, which will soon have more than 1,200 attorneys in 25 offices nationwide.
The merger between the Pro Volleyball Federation and start-up Major League Volleyball, announced Tuesday morning, will create one unified professional women’s volleyball league that will play under the MLV name.
Approximately 60 employees from the locally owned and operated company will join Lakeshore Recycling Systems as part of the deal, officials said.
A construction services firm with its North American headquarters in Indianapolis is joining forces with another firm to expand its reach.
Prior to the acquisition, Scale, founded in 2007, operated in the realm of what’s known as edge computing, a growing trend in the tech world.
MichaelSilver’s team of 60 accounting professionals and 14 partners will join Katz, Sapper & Miller.
The approval ends a more than 250-day-long review process marked by controversy and accusations of inappropriate political pressure.
Both Indianapolis nonprofits share the similar mission of helping people who face barriers to becoming economically self-sufficient.
