Indiana Sports Corp has named the winners of its annual Inspiring Sports Grant as well as its semi-annual Inspiring Sports Equipment Grants. The funding will support Indiana organizations that provide programming for youth.
Canada-based producer and distributor of packaged ice products Arctic Glacier has acquired Superior Ice Company Inc. in Indianapolis. Terms of the deal were not disclosed.
Indiana businesses could be missing out on opportunities to leverage their investments, recruit and retain talent and boost the state’s economy. A newly-released report from Indianapolis-based BioCrossroads has found a disconnect between Hoosier industries and academic institutions. The study says industries may not understand the capabilities in-state graduates posses, and that those graduates seek jobs out of state because they don’t understand the need companies in Indiana have for AI and data analysis.
Purdue Polytechnic High School is launching a new scholarship fund that will support its graduates who qualify for admission to Purdue’s West Lafayette campus. The scholarship is funded through private giving and is available to students pursuing any major.
Carmel-based KAR Auction Services Inc. and KAR Global (NYSE: KAR) have named Michelle Bray the first chief privacy officer in the company’s history. Bray is currently vice president of intellectual property and technology counsel and will continue those responsibilities as she steps into her expanded new role.
Crestwood Village East in Indianapolis has found a buyer. Previously owned by Indy-based Justus Rental Properties Inc., which announced plans to sell the facility in August, Crestwood is being sold for a purchase price of $20 million or $40,300 per unit and represents Orlando-based Elevation Financial Group’s largest acquisition to date as well as its first purchase in the state of Indiana.
Early Learning Indiana is announcing the 13 winners of its Child Care Deserts Competition. The recipients, which include schools, childcare centers, community organizations and United Way agencies, will receive a total of $1 million in funding to boost access to child care for children up to six years old.
Carmel-based Merchants Bancorp (NASDAQ: MBIN), the parent company of Merchants Bank of Indiana and Merchants Capital Corp., is announcing changes to its subsidiaries’ executive team. The company has promoted Michael Dunlap to chief executive officer of Merchants Bank, Michael Dury to CEO of Merchants Capital and named Mathew Wambua vice chairman of Merchants Capital.
Schmidt Associates in Indianapolis has merged with Kentucky-based Arrasmith in an effort to provide what the company calls full-service healthcare architecture and engineering.
Parkview Warsaw has announced plans to become a full-service hospital. The facility will also undergo a name change, transitioning to Parkview Kosciusko Hospital.