Business

By: Ted Baker— Muncie, IN—The Muncie Innovation Connector is pleased to announce the launch of the Delaware County Micro-Business Restart Loan Fund.  Independently-owned for-profit businesses located in Delaware County, Indiana with a maximum of five full-time employees may be eligible for a loan up to $2,500 through the Delaware County Micro-Business Restart Loan Fund. This program is presented by the Muncie Innovation Connector and the East Central Indiana Small Business Development Center. Businesses must have been actively in operation with…

By: Muncie-Delaware County Economic Development Alliance— Muncie, IN— In a groundbreaking ceremony on May 28th, local officials and representatives of WS Property Group gathered to celebrate the start of construction on White River Lofts, a mixed-use riverfront building in downtown Muncie that includes 55 residential apartments with high quality finishes and views of the White River. Commercial space will be available on the ground floor. The project is the first phase of the White River Canal District, and will be…

By: Delaware County Economic Development— Daleville, IN – More jobs. More capital investment. In the pandemic era, growth-oriented announcements are few and far between. But Delaware County, Indiana, officials have announced another economic development venture. And it is one that comes at no risk to local taxpayers. Delaware County officials’ winning streak continues with the announcement that Balance Holdings Inc. (BHI) is acquiring 33 acres at I-69 and SR 67 for development of a new 100,000-square-foot headquarters and demonstration greenhouse. BHI plans…

By: Delaware County Economic Development— Delaware County, IN—Delaware County and the State of Indiana are proud to welcome INOX Market North America (IMNA) a subsidiary company of INOX Market Service (INOX) an Italian based stainless steel slitting and forming company. The company plans to locate its new North American headquarters in Delaware County. IMNA will invest over $15 million in machinery and construction of a new 139,800 square foot facility. INOX is a world leader in the cutting and forming…

By: Angela Selvey— Albany, IN—Alaska Heating and Cooling has been in business since 1992. We came together as a family and invited some friends over, threw some possible names in a hat and drew out “ALASKA”. That’s how we got our name.  Our first day of operation, with our new phone number, we received a call from Mr. Corder and we have been rolling ever since. We are a small family business. However, we are very strong in knowledge and commitment to customer service. Our…

By: Hailey Perkins— Muncie, IN—There’s More to Muncie! We have all heard that phrase by now on the radio and the special #MoreToMuncie campaign. But what does that mean? To Hailey Perkins and Amber Corduan, it means there is more to this community than you might see. There is a whole community of pet people that make Muncie an interesting, well-known, and diverse city! For example, PineAcre Kennels is one of the many hidden gems of Muncie. PineAcre has been a staple in…

By: First Merchants Corporation— Muncie, IN– First Merchants Corporation, Indiana’s second largest financial services holding company, has announced a $1 million commitment to local non-profit organizations supporting communities negatively impacted by the COVID-19 pandemic. “The negative economic impact caused by this pandemic cannot be overstated, and First Merchants is committed to doing everything we can to assist our communities during these difficult times,” said First Merchants CEO Michael C. Rechin. “Our success in recent years is a direct reflection of…

By: Mike Rhodes, MuncieJournal.com— Muncie, IN— Munciejournal.com reached out to a number of local community leaders to get their thoughts on how to keep hope alive during the coronavirus pandemic. Their thoughts and comments are below. Dan Ridenour, Mayor of Muncie The City of Muncie is such a vibrant community. The city’s best resource is its people. I see people unite and come together in times of need. While these circumstances related to the COVID-19 epidemic are less than ideal,…

By: Marc Ransford— Muncie, IN—Today’s initial jobless claims provide the first glimmer of hopeful economic news in weeks, says Michael Hicks, director of the Center for Business and Economic Research at Ball State University. Though the initial claims were very high, at 5.2 million, this is a deceleration from last week’s 6.6 million, he said. Since March 14, the total number of Americans who have filed initial jobless claims is around 22 million, or about 13.5% of the labor force,…