Notes: Bowmar Revived in Fort Wayne

A group of Fort Wayne investors has resurrected Bowmar, saving 41 local jobs.

Remember the Bowmar “Brain”?

A group of local entrepreneurs and investors does. And now, just in time for Easter, they’ve resurrected the pioneering Fort Wayne firm that gave the world its first hand-held electronic calculator – saving 41 jobs and a $1.9 million annual payroll in the process.

And that may be just the beginning for Ruffolo Benson, a consulting group that works to retain or regain local ownership of business, and the Main Street Venture Fund, a group of investors who want to make money by helping Fort Wayne prosper.

Union workers at Jeffboat’s southern Indiana manufacturing facility voted to continue a strike over health benefit cuts.

The use of tax abatements to lure companies to the state is growing.