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R&D spending rising in Indiana

Research and development spending in Indiana rose to $7.6 billion in 2015, the most recent year for which data is available, up from $7.3 billion in 2014, according to a new report from Indiana University’s STATS Indiana. The National Science Foundation estimates Indiana ranked 17th nationwide in R&D expenditures in 2015, up from 18th the previous year. Local…

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State Accepting Nominations for Governor’s Century, Half Century Business Awards

INDIANAPOLIS (Jan. 8, 2018) – The state of Indiana is currently accepting nominations for the Governor’s Century and Half Century Business Awards, which honor Hoosier businesses that have remained in operation for at least 100 or 50 years, respectively, and have demonstrated a commitment to serving the community. Governor Eric J. Holcomb will recognize award winners…

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New Flyer Buys Middlebury-based ARBOC Specialty Vehicles for $95 Million

Greater Fort Wayne Business Weekly The U.S. subsidiary of New Flyer Industries Inc., Transit Holdings Inc., acquired Middlebury-based ARBOC Specialty Vehicles, for $95 million. ARBOC makes low-floor, body-on-chassis buses of 21 feet to 35 feet in length, which are used for transit, paratransit and shuttle services and exceed U.S. fuel economy standards and Buy America…

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Developer Announces Apartment Complex Near Downtown Goshen

GOSHEN – A developer announced plans for a $14.5 million, 46-rental apartment and park on 3rd Street Tuesday. Scott Sivan, an architect and real estate developer with Insite Development, announced the project during a special meeting of the Goshen Redevelopment Commission. The River Art complex would be located just north of the Hawks Building at the…

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South Bend – Elkhart Region’s Income Growth Rate Exceeds National Average

SOUTH BEND, Ind. (November 29, 2017) – Per capita personal income in the South Bend – Elkhart Region grew at more than double the national average in 2016, according to new numbers released by the U.S. Bureau of Economic Analysis (BEA). Personal income circulating in South Bend – Elkhart Region’s economy increased by $1 billion…

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