Despite a season of drought and poor harvest, Indiana’s farmland owners will pay higher property taxes in 2014. According to Purdue Extension agricultural economist Larry DeBoer, the higher tax rate comes on the heels of an increase in the base rate for assessed land value. The base rate, which is the starting point for calculating …read more.

Ivy Tech Corporate College has announced that Tim Harris will be serving as the college’s Associate Vice President of Sales and Marketing. Harris will provide overall leadership for sales and marketing initiatives of Ivy Tech Corporate College with a specific focus on companies within Indiana in order to create training opportunities in key economic sectors. …read more.

One year after hosting the Super Bowl, Indianapolis will again have connections to the event. Three companies based in the city will play major roles in the days leading up to Sunday’s game in New Orleans. MainGate Chief Executive Officer Dave Moroknek says running retail and merchandise locations in the National Football League’s partner hotels …read more.

Rising healthcare costs, changes in federal reimbursement, and increasing complexity of federal and state regulations can impact the operational health and well-being of Indiana hospitals and healthcare practices in rural Indiana. To combat this and help provide a level competitive healthcare playing field, the Indiana Rural Health Association will begin offering SuiteSTATS, a comprehensive enterprise-level …read more.

Indiana’s life sciences industry has a $50 billion total impact on the state’s economy, according to recently updated data gathered by the Indiana Business Research Center at the Indiana University Kelley School of Business and BioCrossroads, Indiana’s initiative for investment, development and advancement of the state’s signature life sciences strengths. Now with a workforce of …read more.

ITT Exelis has received a $25 million order to provide a wide range of communications equipment to an international customer. This Foreign Military Sales program contract was awarded by the U.S. Communications-Electronics Command at Aberdeen Proving Ground, Md. ITT Exelis is a diversified, top-tier global aerospace, defense and information solutions company with strong positions in …read more.

An Indiana company’s germ-fighting technology is receiving national attention as the country deals with one of the worst flu outbreaks in years. Anderson-based Coeus Technology says it has a way to essentially “electrocute” viruses, bacteria and fungi. The company’s time in the national spotlight comes as it moves forward with plans for a manufacturing plant …read more.

Bill Peterson, commissioner of the North American Soccer League announced today it has approved the entry of Indianapolis to join the men’s professional soccer league for the 2014 season. The new Indiana franchise, owned by Ersal Ozdemir, chief executive officer of Keystone Group LLC., is the 12th team to join the NASL. Other teams include …read more.

The Indiana Rail Road Company and the Canadian National Railway Company announced today an agreement on the construction of an intermodal terminal in Indianapolis and their plan to offer Indiana importers and exporters an all-rail option for containerized products moving to and from Asia. CN serves the Port of Vancouver, B.C., and the Port of …read more.

CTS Corporation in Elkhart announced on Tuesday that it has completed the sale and leaseback of its Singapore facility for proceeds in excess of the underlying book value. CTS received net cash proceeds of approximately $17.5 million. An estimated $10 million of the total $14.5 million pre-tax gain will be recognized in the fourth quarter …read more.

Governor Mitch Daniels and executives from nine companies, including one based in Elkhart, announced today new investments in Indiana expected to create a combined 2,552 new jobs over the next few years. The news comes amidst the state’s record breaking year of economic development results. This year, the Indiana Economic Development Corporation has already worked …read more.

Efforts to add nearly 400 jobs in Elkhart County are moving forward. The county council has given final approval to a tax abatement request from Fortress Technologies LLC, which is planning to hire more than 260 workers over the next seven years in Middlebury. According to Inside INdiana Business reports, the council also issued preliminary …read more.

Smart LLC, Smart Cabinetry, a green kitchen cabinet manufacturer, announced plans today to expand its operations to New Paris, creating up to 75 new jobs by 2016. The company plans to invest $11.4 million to renovate and equip its current 169,000 square-foot facility in New Paris. As part of the project, Smart will add new …read more.

Black Friday, the day after Thanksgiving, gets its name from the fact that it used to be the day that retailers’ profits moved into the black for the year. “Now retailers are out to get consumers early and often,” Richard Feinberg, Purdue University professor of consumer science and retailing, said. “So Black Friday-like sales have …read more.

TriMas Corporation, a diversified global manufacturer of engineered and applied products, continues its progress and focus on productivity and expanding and optimizing its global manufacturing footprint to better serve its customers. “Over the past several years, TriMas has launched numerous growth and productivity initiatives across our businesses, with the savings enabling us to fund our …read more.

Two Elkhart County employers are requesting tax abatements that could lead to the addition of nearly 300 jobs in the area. Recreational vehicle frame manufacturer Fortress Technologies is planning to establish an operation in Middlebury. The company plans to create 266 jobs. Another RV supplier, Vista Manufacturing wants to create more jobs in Elkhart. It …read more.

Massachusetts-based Courier Corp., one of America’s leading innovators in book manufacturing, content management and publishing, today announced its plans to provide complete end-to-end digital production capability at its flagship four-color plant in Kendallville, Ind. The heart of the new production line will be a high volume HP T410 Color Inkjet Web Press, Courier’s fourth HP …read more.

When most people think of employee training, their experiences often fall into two categories. Either training took place in a large, impersonal conference room with a lecturer and an out-of-date video, or another employee taught them on the job, often imperfectly. Ivy Tech Corporate College is helping Hoosier businesses change that experience through a revolutionary …read more.

NIPSCO has contributed $175,000 to support entrepreneurial efforts in northern Indiana. The funding will help Elevate Ventures with its mission to develop emerging businesses. Elevate Ventures provides up to one million dollars in funding for entreprenuers. In addition to the initiative’s contribution, they also provide assistance program, and help emerging companies to secure grants and …read more.

Purdue University will host 28 veterans beginning Oct. 25 for the Entrepreneurship Bootcamp for Veterans with Disabilities. Purdue’s Krannert School of Management is one of eight schools at universities around the country that teach the bootcamp, which is aimed at helping post-9/11 veterans with disabilities start their own businesses. The veterans will be in the …read more.

A national site selection publication ranks Indiana among the top 10 states in the nation for doing business. Area Development magazine says the state topped the list in rail and highway accessibility, and tied for third in the category of states leading the economic recovery. 2012 Rankings 1. Texas 2. South Carolina 3. Georgia 4. …read more.

Indiana hit a low point of employment in July 2009, but a recent release of the state’s Monthly Employment Report shows promise from the private sector. Since July 2009, Indiana’s private sector has added 37,500 jobs, a 6 percent increase that nearly doubles the nation’s average of 3.3 percent. This growth places Indiana 6th in …read more.

CARMEL, IN – If elected, the Republican candidate for Governor would set a goal of procuring 3 percent of Indiana’s business contracts from veteran-owned businesses, Mike Pence announced today. He also would pursue accreditation for the state’s veterans affairs agency and expand educational scholarships for children of service men and women. Pence unveiled his ideas …read more.

Channel Marker Restaurant and Picture Pefect Events of Lake Wawasee are pleased to announce that they are partnering together to provide full service catering, floral arrangements and everything needed to make each event special. This partnership will now allow Channel Marker Catering to provide catering services for 20-2,000 guests well as floral arrangements, tents, linens, china and more . Both …read more.

MILFORD, Ind., – CTB, Inc. today announced that an agreement has been signed for the acquisition of Meyn Holding B.V., the parent company of Meyn Food Processing Technology B.V., based in Oostzaan, the Netherlands. Meyn is a leading designer and manufacturer of poultry processing systems and equipment with customers in more than 90 countries worldwide …read more.