Auto Industry
Local manufacturer tapped for trade mission to Russia
February 9, 2012
Kathleen McLaughlinHoosier Gasket Corp. hopes to land more business in Russia, where a growing middle class and new financing options are fueling
the automotive market.
MoreToyota plans to add 400 jobs in southwest Indiana
February 8, 2012
IBJ Staff and Bloomberg NewsToyota Motor Corp. said Wednesday afternoon it would add 400 jobs in Princeton after consolidating production of its Highlander
mid-size SUV.
MoreCummins posts record results for quarter, 2011
February 2, 2012
Kathleen McLaughlinColumbus-based diesel engine maker Cummins Inc. reported record results for 2011, earning $1.85 billion on revenue of $18
billion.
MoreToyota's Columbus plant named among magazine's top 10
January 21, 2012
IBJ StaffIndustry Week will honor the Indiana factory and others from across the country at an April conference in Indianapolis.
MoreSouthwest Indiana Toyota plant produces 3 millionth vehicle
January 18, 2012
Associated PressWorkers at a Toyota Motor Corp. plant in southwestern Indiana are celebrating the plant's production of its 3 millionth
vehicle.
MoreHonda to build new Acura model in Indiana
January 10, 2012
Associated PressHonda Motor Co. unveiled a trio of new vehicles Monday, including an entry-level car for the Acura brand that will be built
in Greensburg.
MoreNorthern Indiana RV maker to add up to 250 jobs
December 28, 2011
IBJ StaffThe company plans to invest $3.9 million to buy land and construct a 93,000-square-foot facility adjacent to its existing
45-acre campus in the town of Topeka.
MoreGM to idle Fort Wayne plant for nine weeks
December 24, 2011
Bloomberg NewsGeneral Motors Co., preparing to introduce new pickups in 2013, has scheduled 21 weeks without production at three U.S. full-size
truck plants next year to update the factories for building the new models.
MoreHonda reworking Civic in plan to boost sales
December 21, 2011
Bloomberg NewsHonda Motor Co. is sprucing up its Indiana-made Civic sedan, which received poor ratings, after less than a year on the market
as part of a plan to boost U.S. sales by 24 percent in 2012 for its namesake brand.
MoreHonda has high hopes for new Acura model made in Indiana
December 12, 2011
Bloomberg NewsHonda Motor Co., seeking to revive its Acura luxury brand, is introducing a sedan intended for younger buyers unable to afford
higher-end autos.
MoreKokomo upshifting with Chrysler investment
December 3, 2011
Kathleen McLaughlinCity north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker's transmission plants.
MoreBlack Friday boosts car sales to best rate since ‘Clunkers’
November 30, 2011
Bloomberg NewsU.S. consumers, who set records for retail purchases during Thanksgiving weekend, helped boost U.S. auto sales in November
to what is likely to be their fastest pace in more than two years.
MoreRV industry on slow road to recovery in 2011
November 29, 2011
Associated PressThe recession-dented RV industry pointed Tuesday to modest gains atop last year's turnaround performance as another sign
that the sector is on a slow road to recovery.
MoreHonda's U.S. plants to resume normal output
November 28, 2011
Bloomberg NewsHonda Motor Co. said six plants in the U.S. and Canada will reach normal production levels on Dec. 1 after having to adjust
output this month because of floods in Thailand.
MoreStruggling Ener1 receives $4.5M from investor
November 23, 2011
The parent of Indianapolis-based advanced-battery maker EnerDel received the financing to continue operating while the company
evaluates its options to reorganize debt.
MoreAllison Transmission still chasing initial public offering
November 10, 2011
Allison Transmission Inc. hasn't given up on going public, despite nearly eight months passing since its initial filing with
the Securities and Exchange Commission.
MoreNASCAR deal comes at good time for C&R Racing
November 5, 2011
Anthony SchoettleThe company will lose $2 million next year in IndyCar-related business, but company founder Chris Paulsen has no fear.
MoreHonda to cut U.S., Canada production by half
October 31, 2011
Associated PressParts shortages from three months of catastrophic flooding in Thailand have forced Honda to cut U.S. and Canadian factory
production by 50 percent for the second time this year. Honda, which employs 2,000 in Greensburg, said it will not lay off
any workers.
MoreConfident automakers adding factory workers
October 28, 2011
Bloomberg NewsPlants in Indiana and other states are slowly expanding as car companies foresee improved sales due to pent-up demand, population
growth and an aging vehicle fleet.
MoreNASDAQ set to remove EnerDel parent from exchange
October 26, 2011
IBJ StaffNew York-based Ener1 said in a filing Tuesday with the Securities and Exchange Commission that it would be suspended from
the NASDAQ exchange starting Thursday due to non-compliance with filing requirements.
MoreCummins Inc. profit soars on huge growth in sales
October 25, 2011
IBJ StaffCummins Inc. reported a 60-percent increase in third-quarter profit as revenue soared 36 percent over the same quarter a year
ago.
MoreHonda undeterred by tepid Civic sales, reviews
October 22, 2011
Through September of this year, Civic sales were 167,384, down 15.5 percent from the 198,272 sold by the same point last year.
MoreChrysler workers in Indiana approve contract
October 19, 2011
Associated PressWorkers at Chrysler's largest United Auto Workers local, Local 685 in Kokomo, have voted in favor of a new four-year contract.
MoreEnerDel parent facing shareholder legal battle
October 18, 2011
IBJ StaffAt least three lawsuits accuse Ener1, the parent of Indianapolis-based advanced-battery maker EnerDel, of misleading investors
about its financial condition.
MoreNavistar cutting about 130 jobs in Fort Wayne
October 6, 2011
Associated PressNavistar International Corp. is planning to lay off about 130 workers from its Fort Wayne operations by the end of the year
as it continues consolidation to a new headquarters in suburban Chicago.
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Members must realize if you stop paying your dues you will lose. Why else would your employer honor the rtw bill. Before you take this step think about what you may be giving up in the long run. Very little of your dues money goes to any dem candidate. YOu will never know how much your republican employer gives his party with money he could be paying the employee. Who will step up and demand better wages or benefits if you have no representation. Union is the way for a better life. Our carpenter union offers a 4 year apprenticeship and 2 year degree from Ivy Tech all paid for with union dues . This is a great opportunity for kids who cant afford schooling after high school. The same opportunity is there for any person,any age, either sex to provide a better living for their family. Pension, anuity, health insurance all for your dues. How is this a bad choice.
The FDIC is funded by assessments paid by banks, not taxpayers. That is not to say that bank customers don't ultimately pay the cost because, in the end, banks don't survive if they don't make profits.
SCB Bank's failure is expected to cost the government $33.9 million,dont you mean middle class another bailout our government has no money
Diogenes, the company did not call "pro-life" statements inflammatory. The IBJ article used the words "pro life."
All, the company did, is what it should do which is apologize profusely for offending people with a program that offered statements that support an infamous apartheid proponent, Dr. Verwoerd, suggest that sometimes rape is justified, and quote Biblical text to people, not looking for it.
If this is what you think is "insanity" then more companies need to behave insanely.
I totally disagree with $45mil being given to the state Attorney General's office. That money is a waste. All of the money should go to help the homeowners & the people who were foreclosed on. Why such a big percentage to state govt? They'll get to start another agency staffed with people who have new-found power & don't care about the people they serve. As soon as the program was announced, I knew the states would end up with a huge chunk of the money for themselves that would just be squandered. Or maybe Mitch Daniels will just happen to "find" another big chunk of money that was "posted in the wrong section of the state's books."