Business & Economy

Northwest Indiana’s Lake Michigan port will get nearly $10 million from the federal government for infrastructure upgrades to boost its capacity.

The port of Burns Harbor is spending nearly $20 million total to add rail miles and railcar storage, truck handling facilities, dock space and a new cargo terminal. The U.S. Department of Transportation FASTLANE grant will contribute to that.

Indiana’s corn harvest is still 10 percent behind schedule as of this week, with soybeans about on track as a year of difficult farming conditions stretches into November.

The unpredictability of this year’s weather may be an unwelcome new normal for Hoosier agriculture, according to Purdue University agronomist Bob Nielsen.

In 2017, Indiana has seen a wet spring and long planting season, an over-warm start to fall and now, rains that are lengthening the multi-billion-dollar grain harvest. Nielsen says data shows extremes like those are becoming increasingly standard.

Representatives from businesses both small (multiple tech start-ups) and large (pharmaceutical giant Eli Lilly) discussed how President Donald Trump’s tax reform framework would affect their companies Friday morning in Fishers.

With only Trump’s preliminary outline in front of them, they were cautiously optimistic about the impact of the administration’s reform plan.

Holcomb Heads To India On Trade Mission

Oct 27, 2017

Gov. Eric Holcomb left for a week-long trade mission to India Friday. The country has deep ties to the Hoosier information technology and manufacturing sectors, and thousands of Indian students attend college here.

Holcomb will meet India-based executives for Hoosier companies like Cummins, which is also a major employer of skilled Indian workers on visas.

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