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Johnson County business news: Feb. 28

Johnson County business news: Feb. 28

Specialist joins Franciscan Health Maternal Fetal Medicine & Genetics

Dr. Kristin Reeve has joined the team at Franciscan Health Maternal Fetal Medicine & Genetics.

Reeve received her medical degree from the Ohio State University College of Medicine in Columbus, Ohio. She completed residency training at Ascension St. Vincent in Indianapolis and fellowship training in maternal fetal medicine at the University of Mississippi Medical Center in Jackson, Mississippi, according to a news release.

Reeve is board-certified in maternal-fetal medicine and joins Dr. Walter Harry in practice at Franciscan Health. She provides assessments and consultations for fetal conditions, maternal conditions and pregnancy-related complications, the news release says.

The team at Franciscan Health Maternal Fetal Medicine & Genetics specializes in helping with high-risk pregnancy, including multiple births and mothers-to-be with a personal or family history of genetic and/or medical conditions.

Franciscan Health Maternal Fetal Medicine & Genetics is located at 8111 S. Emerson Ave., Indianapolis, in the Center for Women & Children.

IBC Advanced Alloys reports financial results

IBC Advanced Alloys Corp. has released its financial results for the quarter ending December 2025.

Stronger demand for IBC copper alloy products boosted revenue in the quarter year-over-year by 36.6% in IBC’s Copper Alloys Division. Prior quarters saw softer demand largely due to market uncertainty in the application of the U.S. government’s planned copper tariffs. Now that these tariffs have been implemented, product demand appears to be strengthening. The division also posted gains in the quarter in operating income, Adjusted EBITDA, gross profit, and gross margin over the comparable prior-year period, according to a news release.

Consolidated loss in the quarter of $480,000 narrowed year-over-year from a loss of $1.4 million in the comparative period, largely driven by higher copper alloys sales revenue and reduced costs at the company’s Engineered Materials division, which was closed in 2024.

“We saw strong signs of demand recovery in our second fiscal quarter almost across the board in copper alloy products, and those gains appear to be continuing into the current quarter,” said Mark A. Smith, CEO and Executive Chairman of IBC. “Additionally, we continue to explore opportunities for sales of aluminum-scandium alloys, which we successfully began producing in October 2025. We see that market growing significantly as the prospect of the first-ever domestic scandium production in the U.S. appears increasingly likely to launch in the near future.”

County sees home permit growth in January

Johnson County saw modest permit growth year-over-year as 2026 began, according to the Builders Association of Greater Indianapolis.

In January 2026, 68 new home permits were issued compared to 55 in January 2025.

Johnson County was in line with the trend reported across Central Indiana. The nine-county region recorded 731 permits in January 2026, compared to 700 permits in January 2025, reflecting a strong 4% year-over-year increase and signaling steady demand as the new year gets underway, according to a news release.

Early-year permit activity is showing resilience relative to broader national housing trends. According to the U.S. Census Bureau and analysis from the National Association of Home Builders (NAHB), single-family permitting and housing starts have remained cautious nationwide as affordability pressures and interest rate conditions continue to influence builder confidence. Against that backdrop, Central Indiana’s year-over-year increase points to a market maintaining forward momentum despite ongoing economic headwinds, the news release says.

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