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Accuride Corp.
Indiana manufacturers see momentum vanish
October 27, 2012
Dan HumanThe state lost an estimated 1,400 manufacturing jobs in September, the U.S. Bureau of Labor Statistics reported, and a wave
of layoff announcements in recent weeks suggests steeper declines are coming in the year’s final quarter.
MoreElkhart factory to close by 2013, costing 210 jobs
July 26, 2012
Associated PressAuto-parts maker Gunite Corp. plans to move its manufacturing operations to Rockford, Ill., phasing out Elkhart workers beginning
in late September.
MoreShareholders in bankrupt Accuride pursuing loan
February 9, 2010
Bloomberg NewsAccuride shareholders are trying to arrange a $400 million loan to fund the Evansville company’s exit from bankruptcy.
MoreEnerDel in line for $3 million grant
January 20, 2010
Kathleen McLaughlinBattery maker EnerDel could land $3 million in federal disaster-recovery money that would help bring 200 more jobs to its
facilities on the north side of Indianapolis and in Noblesville.
MoreGunite Corp. cutting 100-plus jobs at Elkhart plant
January 15, 2010
IBJ StaffBeleaguered Elkhart took another hit this week when Illinois-based Gunite Corp. announced plans to move 110 manufacturing
jobs to Rockford, Ill., and Brillion, Wis.
MoreAccuride restructuring under Chapter 11 bankruptcy
October 8, 2009
Evansville-based Accuride Corp. filed for Chapter 11 bankruptcy protection Thursday as part of a restructuring of debt.
MoreAccuride warns of bankruptcy, reports loss
August 6, 2009
Scott OlsonEvansville-based truck parts maker Accuride Corp., one of the state's largest companies, warned
today in its quarterly financial report that the company might seek bankruptcy protection if lenders refuse to restructure
its debt.
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Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.