Business

By: First Merchants— Muncie, IN – First Merchants has announced  a $1.4 billion community investment plan with the National Community Reinvestment Coalition (NCRC) and its community-based members and partners. The collaborative initiative began with a needs assessment in September 2019 and was finalized earlier this month. The commitment, which extends through 2025, includes mortgage, small business and community development investments and lending. Philanthropic funding is a primary focus as well and will be funneled to low- and moderate-income communities across First…

By: Kristina Clemens— Muncie, IN—In an industry where 96 percent of new firms go out of business within five years, Clemens Home Solutions has grown and prospered for more than two decades. Certainly, a good deal of this success has come because construction is in the blood of Shawn Clemens, the company’s owner and founder. Passionate about building things for as long as he can remember, Shawn has been actively working on home construction sites and remodeling projects since he was…

By: Knapp Supply— Muncie, IN—Knapp Supply’s long history goes back to just after the Civil War.  After being honorably discharged from the Union Army in March 1864 for injuries that he suffered at the Battle of Chickamauga, Captain Alexander A. Knapp moved to Union City, Indiana. In 1871, Capt. Knapp was elected to the Union City Council, where he oversaw the construction of the Union City Waterworks.  With the completion of the Union City Waterworks, demand for plumbing supplies was…

By: Muncie-Delaware County Chamber— Muncie, IN— The Muncie-Delaware County Chamber of Commerce is pleased to announce that Rev. Dr. Ronald Naylor will be recognized as the 2020 recipient of the Chamber’s Legacy Award. This year’s Legacy Gala is scheduled for Saturday, August 22, at the Horizon Convention Center in Muncie. The Muncie-Delaware County Chamber of Commerce’s Legacy Award is presented annually to an individual who has made extraordinary, sustained, and positive contributions to the Muncie-Delaware County community, and who has provided…

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…