AGP Executive Report
Last update: 3 hours agoData-Center Power: NextNRG signed a term sheet to acquire a 33-acre South Bend site for an energy and data-center project with potential capacity of up to 70 megawatts. Plans include on-site power, battery storage and a microgrid; a pharmaceutical company has agreed to lease the existing building. Advanced Manufacturing: Astemo will invest more than $11 million in its Muncie operations, adding production capacity and up to nine jobs. ReElement secured a $46 million federal tax-credit allocation to support its Marion critical-minerals refining expansion, which projects 189 jobs. Indiana Innovation: Windracers’ ULTRA drone became the first to fly in an Indiana drone corridor. IU and semiconductor research firm imec are partnering to advance regional chip innovation, while Purdue will expand specialized cybersecurity training with the U.S. Space Force. Medical Research: Cook Medical and IU opened an Interventional MRI Center of Excellence in Indianapolis.
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