German American completes Kentucky bank acquisition

JASPER (Inside INdiana Business) - Jasper-based German American Bancorp Inc. (Nasdaq: GABC) has completed its acquisition of Citizens Union Bancorp of Shelbyville Inc. in Kentucky. German American Bancorp first announced plans for the $154 million acquisition last year.

By |2022-01-03T15:43:39-05:003 weeks ago|Business, Indiana News, Inside INdiana Business, News|Comments Off on German American completes Kentucky bank acquisition

Kimball International invests in machinery upgrades

Jasper-based Kimball International Inc. (Nasdaq: KBAL) is investing in its Salem manufacturing facility. The company says the undisclosed investment will bring automated metal manufacturing technology to the facility.

By |2021-12-06T11:16:35-05:002 months ago|Business, Indiana News, Inside INdiana Business, News|Comments Off on Kimball International invests in machinery upgrades

Kimball International swings to quarterly loss

Jasper-based Kimball International Inc. (Nasdaq: KBAL) is reporting a fiscal first quarter net loss of $5.1 million, compared to net income of $5.4 million during the same quarter last year. Despite the drop, Chief Executive Officer Kristie Juster says the company is on pace for double-digit revenue growth in the second half of the fiscal year.

By |2021-11-08T11:27:09-05:003 months ago|Business, Indiana News, Inside INdiana Business, News|Comments Off on Kimball International swings to quarterly loss

Quarterly profit narrows for Kimball Electronics

JASPER, Ind. (Inside INdiana Business) -- Jasper-based Kimball Electronics Inc. (Nasdaq: KE) is reporting fiscal first quarter net income of $2.6 million, down from $16.8 million during the same period a year ago. Chief Executive Officer Donald Charron says the company continues to deal with challenges caused by issues in the global supply chain.

By |2021-11-04T18:08:36-04:003 months ago|Business, Indiana News, Inside INdiana Business, News|Comments Off on Quarterly profit narrows for Kimball Electronics

Vincennes University invests in cobots for Jasper tech center

JASPER, Ind. (Inside INdiana Business) -- Vincennes University has partnered [...]

By |2021-10-18T19:05:14-04:003 months ago|Business, Indiana News, Inside INdiana Business, News|Comments Off on Vincennes University invests in cobots for Jasper tech center

German American to acquire Kentucky bank

Jasper-based German American Bancorp Inc. (Nasdaq: GABC) has announced plans to acquire Citizens United Bancorp of Shelbyville Inc. in Kentucky.

By |2021-09-21T11:03:25-04:004 months ago|Business, Indiana News, Inside INdiana Business, News|Comments Off on German American to acquire Kentucky bank

Attracting talent to southern Indiana with “cash”

BEDFORD, Ind. (Inside INdiana Business) -- A consortium of economic [...]

By |2021-07-22T21:33:24-04:006 months ago|Business, Indiana News, Inside INdiana Business, News|Comments Off on Attracting talent to southern Indiana with “cash”

German American details CEO succession plan

Jasper-based German American Bancorp Inc. (Nasdaq: GABC) has unveiled the next steps in its executive management succession plan.

By |2021-07-01T12:47:40-04:007 months ago|Business, Indiana News, Inside INdiana Business, News|Comments Off on German American details CEO succession plan