Benson Hill, Inc., a leader in the food technology sector, has successfully transferred its soybean crush facility in Seymour, Indiana, to White River Soy Processing, LLC. The transaction, which closed on October 31, 2023, amounted to approximately $36 million in total gross proceeds, subject to various adjustments. This deal stands as a critical milestone in […]
In a bid to fortify Indiana’s digital prowess, Infosys Foundation USA, known for bridging the U.S. digital divide, has announced a substantial $200,000 investment to aid Hoosiers in their journey to upskill for future tech roles. The lion’s share of this funding is set to bolster TechPoint, a flagship initiative aimed at nurturing Indiana’s technological […]
Ingersoll Rand Inc. (NYSE: IR), a powerhouse in delivering mission-critical flow creation and industrial solutions, announced the completion of its acquisition of Howden Roots from Chart Industries, Inc. This significant deal, sealed at a cash transaction of around $300 million, sees the heritage brand of Howden Roots join Ingersoll Rand’s extensive portfolio. Howden Roots, a […]
In a shocking outbreak of violence, a Michigan shopping center became the site of a late-night shooting that left at least five people injured, two critically. Lansing Police Department reported the horrifying incident, which took place outside the Logan Square Shopping Center around 1 am, according to ABC News. Responding to the chaos, the police […]
Dutch automotive manufacturing corporation Stellantis N.V. and South Korean battery manufacturing company Samsung SDI have confirmed they are set to build a second battery manufacturing plant in the U.S., marking the extension of their existing StarPlus Energy joint venture. The facility, expected to start operations in 2027, is designed to have an annual production capacity […]
Walmart has officially opened its largest-ever fulfillment center in McCordsville, Indiana, bringing a blend of technology, machine learning, and new career opportunities to the region. Located 20 miles northeast of Indianapolis, the 2.2 million-square-foot facility is expected to accelerate order fulfillment and expedite next- or two-day shipping across the nation. The Walmart McCordsville fulfillment center is […]
DexKo Global said that it has acquired Indiana-based Horizon Plastics & Engineering, a provider of plastic injection molded components, for an undisclosed price. Located in Osceola, Horizon Plastics & Engineering, which was incorporated in 1983, caters to multiple industries. Horizon Plastics & Engineering’s current owner Neil Hassinger joined the business in 1985 to supervise the […]
Arthur J. Gallagher & Co. (Gallagher) has acquired Stewart, Brimner, Peters & Company, Inc. (SBP), a retail insurance broker based in Fort Wayne, Indiana for an undisclosed price. Stewart, Brimner, Peters provides a range of personal and commercial insurance products in addition to employee benefits consulting to clients across central and northern Indiana. According to […]
Lightsource bp and AEP Energy Partners (AEPEP) have entered into a power purchase agreement (PPA) for the 188MW (dc) Honeysuckle Solar power project in Indiana. AEP Energy Partners is a subsidiary of American Electric Power. The Honeysuckle Solar power project will be built in New Carlisle, nearly 10 miles west of South Bend. It will […]
Bunge, an American agribusiness and food company, is planning to construct a new integrated soy protein concentrate (SPC) and textured soy protein concentrate (TSPC) facility in the US, with an investment of around $550 million. The proposed soy protein concentrate facility is anticipated to help Bunge meet increasing customer demand for important ingredients used in […]