Business news

Purdue Research Foundation

Rolls-Royce has announced plans to build a 40,000-square foot facility at Purdue. The company is the first tenant in the university research park’s newly-established Aerospace District.

Subaru of Indiana Automotive

Subaru of Indiana Automotive announced today the Lafayette plant will be increasing its workforce and production by nearly a third -- and adding 1,200 new jobs -- as part of its plan to increase its production output.

SIA is investing $140 million dollars to up production by nearly 100,000 thousand vehicles a year.  SIA currently produces about 300,000 cars each year.

The expansion will take place over the next two years, and most of the jobs will be on the production line.

SIA Vice President Tom Easterday expects the new hires will come from within Indiana:

Gretchen Frazee / WFIU

Former Angie’s List CEO Bill Oesterle is launching an advocacy organization to push for a statewide LGBT civil rights law next year. Oesterle was one of the most high-profile critics of Governor Mike Pence and Republican lawmakers when they passed the religious freedom bill known as RFRA.

Oesterle left his post atop Angie’s List earlier this year to refocus on civic engagement – and reemerged with the launch of Tech for Equality.  He says the group will bring the voices of Indiana’s tech community to the legislature to advocate for LGBT civil rights.

Keith Cooper /

Purdue University investment officials say they’re waiting for an upswing in world stock markets to help offset some huge losses in recent weeks.

As world financial markets have been racked with instability recently, Purdue acting Chief Investment Officer Scott Seidle estimates the school’s holdings have shed 2-to-3-percent of their value. With an estimated $2.4 billion under management, that means Purdue’s wealth has declined about $60-70 million in the last few weeks.

gas meters
Damian Gadal /

The sight of a meter reader making the rounds in Tippecanoe County will soon be a thing of the past—at least for customers of natural gas company Vectren.

The firm is in the process of automating its meter-reading process, but Vectren spokeswoman Natalie Hedde says no current employees will lose their job as a result of the automation.

“The transition is not about the reduction of meter readers themselves,” she says. "It’s more about the efficiency and the accuracy of the information that we’re collecting.”