As the new year begins, there’s some uncertainty in the air for Indiana’s economy. 

Jane King, a NASDAQ analyst, says fears of rising inflation and interest rates are causing investors to proceed cautiously in 2025. 

Changes are coming to Toyota’s Columbus, Indiana-based forklift manufacturing facility. Starting April 1, Toyota Industries is integrating two brands into one common entity named Toyota Material Handling North America. The company announced that creating the new company would not result in layoffs.  

A new Purdue University study found that eight Indiana coal sites can be transitioned into nuclear energy plants in the future. Researchers say the plants could have the capacity to meet Indiana’s growing energy needs, which are expected to increase about 30% between 2022 and 2030. 

Indiana-based Simon Property Group is an investor in a new deal that will see retailers JCPenny and Forever 21 merge. The new company will operate under the name Catalyst Brands.