Brownsburg-based State Bank names new CEO
Brownsburg-based State Bank has a new CEO following the Dec. 31 retirement of longtime executive Mike Baker.
Tippecanoe Co.
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Proposed pipeline stirs questions about who controls Indiana’s water
Consideration of a pipeline to pump massive amounts of water from Lafayette to the LEAP Innovation and Research District in Lebanon is revealing major gaps in Indiana’s water-rights laws, some stakeholders say.
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Purdue senior development will bring older alums back to campus
The university, which has 575,000 living alumni, plans to break ground later this year on Varcity at Purdue, a 230,000-square-foot community at the school’s Discovery Park District.
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Lafayette leaders want answers about water usage for IEDC’s Boone County tech park
A group of elected officials, business leaders and community members in the Lafayette area are drafting a letter to the Indiana Economic Development Corp. seeking details about the state’s plans to draw water from the Wabash River aquifer.
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Wabash River could be solution to Boone County’s development needs
To meet the water demands of an innovation district planned for just north of Lebanon, state officials are exploring the idea of tapping into the Wabash aquifer in Tippecanoe County.
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Articles
State, Lafayette officials say no action on pipeline without completed study, legislative review
The Indiana Economic Development Corp. has faced pushback for proposing a pipeline that would transport as much as 100 million gallons of water per day from Wabash River aquifers to a massive business development in Lebanon.
In defiance of IEDC, Tippecanoe County passes ban on large water withdrawals
The move comes as the Indiana Economic Development Corp. faces pushback for its exploration of a plan to pump massive sums of water from Wabash River aquifers for a high-tech manufacturing district in Boone County.
Tippecanoe County considers moratorium on high-volume water transfers
The move comes as the state explores the feasibility of pumping as much as 100 million gallons of water from Wabash River aquifers for a high-tech manufacturing park in Boone County.
Governor shifts oversight of LEAP water study away from IEDC
The move comes as the Indiana Economic Development Corp. faces questions about its plan to tap the Wabash River aquifer and withdraw as much as 100 million gallons per day for an advanced manufacturing district in central Indiana.
2023 Innovation Issue: Inari aims to boost crop yields through unique gene-editing technology
From a base in West Lafayette at the Purdue Research Park, the company’s scientists are racing to create environmentally friendly, food-insecurity-fighting crops through special genetic technology.
Inotiv facing shareholder lawsuit over stock drop
The West Lafayette-based pharmaceutical testing company has seen its stock price soar—and later plunge—following its announcement last fall that it planned to acquire Indianapolis-based Envigo RMS LLC, which breeds and sells animals used in lab testing.
Subaru pressing ahead with plans for $158M expansion in Lafayette
The automaker, which announced its expansion plans just weeks before COVID-19 began disrupting the economy, says the project won’t be affected by the pandemic.
After years of turmoil, biotech testing firm aims to grow again
West Lafayette-based Bioanalytical Systems’ latest executive departure comes amid recent signs of stability, turnaround and growth for a company that just three years ago was on the verge of sinking.
Discount retailer with 8 central Indiana stores files for bankruptcy, seeks buyer
Store closures due to the coronavirus crisis undermined the department store chain’s parent company and its ability to get financing to continue operations.
Beer, wine sales at Purdue football games top $500,000
Purdue found a fountain of new revenue last fall at Ross-Ade Stadium, after alcohol sales were expanded to the entire stadium.
St. Vincent closure of Lafayette hospital to ax 83 jobs
St. Vincent Health will close its long-term acute hospital in Lafayette in the next two months, leaving as many as 83 workers without jobs. St. Vincent will continue to operate its other Seton Specialty Hospital in Indianapolis.
Chinese-owned factory in Lafayette adding jobs
Work on the aluminum-components plant began a couple years ago. It now has about 80 workers.
New Purdue president Daniels to live on campus
Indiana Gov. Mitch Daniels says he'll live in the president's house once he takes over at Purdue University but will go back and forth to his Carmel home.
Work delayed on new Purdue engineering hall
University officials overseeing plans for the $38 million Wang Hall of Electrical and Computer Engineering had hoped to start construction in early May but now say a September start is likely.
Endocyte pulls trigger on European drug submission
Endocyte Inc. will submit its ovarian cancer drug EC145 for European market approval in the third quarter of this year after the European Commission granted it orphan drug status.
Governor appoints two new Purdue trustees
Indiana Gov. Mitch Daniels announced Tuesday that he has appointed hotel developer Bruce White and Purdue student Miranda McCormack to Purdue University's Board of Trustees.
Lafayette Life leaving in June; 159 jobs affected
All 159 employees of the insurance company will either relocate to Cincinnati or lose their jobs, according to a spokeswoman for Lafayette Life’s parent company. Lafayette Life was founded in 1905.
Refinancing boosts Bioanalytical Systems
Shares of the West Lafayette-based pharmaceutical-services firm soared after it wriggled out from under a $1.3 million loan that was due in February.
Indiana universities nearly double research spending
In the last 10 years, Indiana’s major research universities—Indiana and Purdue—have nearly doubled their
science-based research budgets, to a total of $895 million. Yet Indiana’s public universities still run in the middle
of the pack nationally.