Manufacturing Blog Posts

The root of Indiana's myriad problems

November 22, 2010
Comments(37)
Longtime economist Morton Marcus says the objective truth is that Indiana is in decline. He also insists the solution is a change in the culture, not just job creation.
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Did Lilly get preferential treatment on a disputable billboard ad?

November 4, 2010
Comments(6)
Billboard companies spiked the cancer ad. But Citizens Gas or WellPoint might have gotten a different result.
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Indiana bombs in rankings of 'new economy' states

August 25, 2010
Comments(8)
State has a dire future if Business Facilities' latest lists are any indication.
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Do manufacturers ever get to rest? (No.)

August 23, 2010
Comments(0)
Manufacturers continue to wring more from less. But have the gains been worth the human cost?
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Hyundai hole in Indiana

August 9, 2010
Comments(4)
The rising Korean industrial giant is building another plant in the U.S., but not in Indiana.
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An ode to utility workers

July 13, 2010
Comment(1)
They're some of the most stable people in the state, a new study shows.
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Is alternative energy sustainable in Indiana?

July 7, 2010
Comments(4)
An economic development observer questions what will happen after the feds turn off the tap.
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Recession poster child bouncing back

June 9, 2010
Comments(2)
The Elkhart area—used as a backdrop three times by Barack Obama to talk up his economic policies—is making a comeback.
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Indiana's place in a globalized economy

April 20, 2010
Comments(0)
How will the state stand up against booming—and highly innovative—emerging nations?
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Another sign of economic spring

April 15, 2010
Comment(1)
Temp workers are coming back. But are they respected?
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Carbon Motors, the anti carmaker

April 6, 2010
Comments(3)
The upstart cop car manufacturer is doing lots of things differently, including the way they track your car.
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What universities can learn from a steel mill

March 12, 2010
Comments(0)
Steel Dynamics is highly competitive partly because employees are compensated on how much money they save. Should Purdue and other universities take notice?
 
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Light in the gloom

February 12, 2010
Comment(1)
More industrial construction is going on in Indiana than in any nearby state.
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Education by statistics

February 10, 2010
Comments(4)
Inconceivable as it might sound, will the increasing focus on academic performance in public schools give private schools a run for their money? It wouldn't be the first time statistics upset an apple cart.
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Too much, too soon in Elkhart?

January 6, 2010
Comments(2)
Embattled workers might lose motivation to go back to school, thus putting them in an even worse position in the long run.
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Don't confuse Toyota for GM

November 25, 2009
Comment(1)
Toyota isn't about to grow complacent like GM did in the '60s, an analyst says.
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Analyst: No trucking U-turn till late 2010

November 18, 2009
Comment(1)
FTR Associates analyst Jon Starks says truck manufacturers won't feel an improved economy until at least late 2010.
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Wal-Mart gets into the casket business

November 6, 2009
Comments(3)
Batesville Casket Co., the world's largest manufacturer, says it's watching, but isn't worried.
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Rolls-Royce and health care reform

October 5, 2009
Comments(2)
Rolls-Royce, the British jet engine maker, isn't taking a position on health care reform, but let's drag them into it, anyway, because Rolls-Royce's business model might interest the crowd advocating for reform via market forces.
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Another view of Indiana manufacturing

September 29, 2009
Comments(0)
A Milken Institute study shows Indiana isn't the only state writhing with angst about the future of manufacturing. The study frames Indiana in a somewhat positive light.
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Chrysler sticks it to Kokomo

August 21, 2009
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Officials in Kokomo and Howard County are in a tough spot. The “new” Chrysler created after its bankruptcy sale to Fiat contends it‘s no longer on the hook for $12.9 million it owes various local taxing bodies this year and $12.3 million it will owe next year.

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More than Harley-Davidson

August 20, 2009
Comments(3)
Milwaukee-based Harley-Davidson isn't the only company scouting for places to plunk new operations, a long-time economic development expert says.
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Alleys of devastation

July 2, 2009
Comment(1)
Plenty of stories have been published and aired in recent days about migration...
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GM's looming bankruptcy

May 29, 2009
Comments(4)
So, three decades of decline has come to this for General Motors: a Chapter 11 bankruptcy petition expected to be filed Monday. Lots of problems contributed to its downfall, but now the carmaker faces an extremely steep climb. The bankruptcy...
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Indiana-made vehicles unsafe?

November 25, 2008
Comment(1)
More than half the cars, vans, pickup trucks and sport-utility vehicles assembled in Indiana failed to make the Insurance Institute for Highway Safetyâ??s latest list of safest vehicles. Making the list are the Subaru Legacy and Tribeca, assembled in...
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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