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Indiana Ag Boasts Billions In Economic Impact

Agricultural industries in Indiana account for more than $31 billion in direct sales and nearly $13 billion more in ripple effects such as related supply-chain purchases and spending by workers, according to a new report from Indiana University’s Kelley School of Business. The new report, “Beyond the Farm: … Read More

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Regional Cities Of Northern Indiana Hopes To Transform Economy

Since November 2014, business, philanthropic, academic and government leaders from Indiana cities across Elkhart, St. Joseph, Marshall and Kosciusko counties have been working collectively to identify a short list of bold economic development projects that will help transform the economy of the entire four-county region. Today, the group … Read More

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Economic Increases Reinforce Indiana’s Strength In Life Sciences

Indiana continues to retain its strong leadership position in critical areas of its life sciences industry. According to 2013 data, life sciences exports accounted for $9.8 billion (nearly one-third of Indiana’s total exports), the second highest number in the U.S. (behind only California), exporting $175,000 of products per … Read More

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Pence Issues State Of The State, Focus On Budget and Schools

“Tonight, on the eve of our bicentennial year, I stand before you as your governor to proudly report that the state of our state has never been stronger,” said Gov. Mike Pence during his state of the state address Tuesday night. “Indiana is on a roll, and I’m … Read More

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Pence Calls Revenue Forecast Encouraging, Urges Caution

The Indiana State Budget Committee released the December revenue forecast today. The report is projecting modest economic growth in the next three years. “This revenue forecast confirms the growth we are seeing across our state and should be an encouragement to every Hoosier,” said Governor Mike Pence. “While … Read More

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BSU Projecting Indiana’s Economy Will Outpace Nation Next Year

By MARC RANSFORD Media Relations Manager Indiana added roughly 100,000 net new jobs this year as many of the state’s business sectors expanded at surprising rates, and such growth should continue in 2015, says a recent report from a Ball State University economist. Speaking at the 2014 Economic … Read More

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IU Kelley School Of Business Expects Strong Economic Recovery In 2015

INDIANAPOLIS – In their annual forecast presented today, Indiana University Kelley School of Business economists were more optimistic than they have been in recent years, suggesting that 2015 could be the best year of economic recovery since the Great Recession. “During the past year, the United States economy … Read More

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Robertson Discusses Economy, Biomet-Zimmer Merger

At the Kosciusko County Redevelopment Committee meeting on May 8, KEDCo President George Robertson had plenty to report on economic growth and the Biomet-Zimmer merger. “We are still on an upward trend in the first quarter,” said Robertson. He reported the employment was going up and unemployment was … Read More

Economist: Americans Have Low Expectations For Recovery

Ball State economist Michael Hicks says any enthusiasm over February’s employment summary would show just how low our expectations have become in this recovery. The Labor Department reported this morning that the unemployment rate fell to 7.7 percent, the lowest since December 2008, as 236,000 jobs were created … Read More

Wakarusa Plant Moves To Bristol

Spartan Motors Inc. today announced the sale of the majority of its Wakarusa facility to Forest River Inc. This transaction was pursuant to Spartan’s announcement on Feb. 14, 2012, that it will relocate the Company’s Utilimaster operations to Bristol from Wakarusa. All terms of the transaction were in … Read More

CTB

CTB Announces Assets Acquisition

CTB Inc. of Milford announced today that it has purchased the assets of Martin Industries, Corp. and its related subsidiaries including LeMar Industries Corp. LeMar, headquartered in Des Moines, Iowa, is a leading designer and manufacturer of all of the structures and equipment related to loading, unloading and … Read More

Hall Of Fame In Final Days

The College Football Hall of Fame announced today that the final two days of operation, Dec. 29-30, will feature $2 admission for all guests and two for one on all gift shop purchases. All proceeds from admission and gift shop purchases for the final two days will be … Read More

CTS Aqcuires D&R Tech

CTS Corporation today announced the acquisition of D&R Technology, a privately-held company with annual sales of approximately $50 million. D&R is a leading manufacturer of custom designed sensors, switches and electromechanical assemblies primarily serving the automotive light-vehicle market. CTS acquired D&R for a cash purchase price of approximately … Read More

Economy ‘Stuck in Neutral’

Ball State economist Michael Hicks says it is no surprise that Indiana’s unemployment rate is holding at 8 percent for the second consecutive month because the state’s economy, like the nation’s, is “stuck in neutral.” The Indiana Department of Workforce Development says the state’s unemployment rate was 8 … Read More

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Future Uncertain For Farmers

One thing is certain for corn farmers in 2013, and that is the importance of risk management amid extreme uncertainty in yields and revenues, Purdue agricultural economist Chris Hurt said. Three years of below-normal corn yields and ongoing drought in the western corn belt have the potential to … Read More

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Milford TIF District Resolution Adopted

The Milford Redevelopment Commission met recently for a public hearing to discuss a northern tax increment finance district in Milford. With no opposition at the meeting, and only two people in attendance to speak in support, the resolution was adopted. George Robertson, president of the Kosciusko Economic Development … Read More