Urban Indiana

Ortho manufacturer undergoes rebranding

Warsaw-based Precision Medical Technologies Inc. is rebranding to better reflect what it says is its adaptability of services and products. The contract manufacturer of orthopedic implants and devices said Thursday the effort includes a new logo and name branding.

The company previously would go by the name PreMedTec, which will no longer be used. Instead, the company will be branded as Precision Medical Technologies or simply Precision.

More below:
https://www.insideindianabusiness.com/articles/ortho-manufacturer-undergoes-rebranding

THOR, industry leaders make push for RV-friendly EV charging stations

As states decide how to spend unprecedented amounts of federal funds directed to the expansion of electric vehicle infrastructure, RV industry leaders want officials to keep the country's recreational travelers in mind.

Elkhart-based Thor Industries has partnered with the RV Industry Association to commission a report on the EV landscape that begs the question: are current plans to build and expand electric vehicle charging stations inclusive of all drivers?

Key to their pitch is consideration for a growing sector of travelers who are using electric vehicles, like trucks or SUVs, with a hitch to tow RVs, boats or utility trailers behind them.

More below:
https://www.insideindianabusiness.com/articles/thor-industry-leaders-make-push-for-rv-friendly-ev-charging-stations

Funding for infrastructure upgrades for GM plant moves forward

The St. Joseph County Council this week approved a resolution allowing the county's redevelopment authority to issue bonds of up to $50 million to support infrastructure improvements around the $3 billion General Motors electric vehicle battery site in New Carlisle.

The county is expected to cover the cost through lease financing supported by tax increment financing in the area and financial commitments made by GM under its development agreement with the county. The bonds are expected to mature no later than February 2043.

County officials, in a meeting Tuesday morning, said TIF payments and commitments from GM should cover the debt service payments at 150%, meaning the county doesn't expect it will need to increase property owners' taxes to pay for the bonds.

More below:
https://www.insideindianabusiness.com/articles/funding-for-infrastructure-upgrades-for-gm-plant-moves-forward