8/27/26 PM UPDATE: SK Hynix breaks ground on $4B semiconductor facility; Mail-handling company closing in Brownsburg; Caterpillar tax abatements approved

Inside INdiana Business Radio for the afternoon of August 27, 2026.

SK Hynix has officially broken ground on its more than $4 billion semiconductor packaging and R&D facility near Purdue University's campus in West Lafayette. Florida-based mail-handling company Postal Center International is planning to close its Brownsburg facility and lay off 151 employees. A plan to redevelop a historic hotel building Hammond clears a key hurdle. The Lafayette Redevelopment Commission has approved tax abatements for Caterpillar's planned $890 million investment in the city, and a Purdue-affiliated company earns its second NASA grant award.

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