Auto Industry

Domestic auto sales sizzled in July, helped by discounts

August 1, 2014
Associated Press
General Motors, Ford, Nissan and Chrysler all reported big gains as the major automakers reported July sales Friday.
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Allison profit upshifts on North American demand

July 24, 2014
 IBJ Staff
In its second quarter, the Indianapolis-based manufacturer of transmissions and propulsion systems rode accelerating sales for rugged-duty, student transport, and hydraulic fracturing equipment.
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Steel demand feeds shipping boom in Indiana

July 23, 2014
Associated Press
The automotive industry is behind the increase, pushing steel ahead of longtime leaders iron ore and coal.
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GM planning $27M investment in Bedford plant

July 16, 2014
Associated Press
The automaker filed a tax abatement request for the Bedford factory project, saying it would add about 40 jobs and raise the plant's employment to some 650 workers.
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Greensburg factory to invest $28M, add 250 workers

July 8, 2014
 Associated Press and IBJ Staff
Workers will be hired as global firm Valeo buys new equipment for its 400,000-square-foot engine cooling factory to start new product lines for Honda, Nissan, Chrysler and Ford.
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Telemon unit acquires automotive manufacturer

July 2, 2014
 IBJ Staff
Westbrook Mfg., founded in 1977, makes electro-mechanical assemblies and wiring harnesses for the automotive industry at its manufacturing plant in Fresnillo, Mexico. The company has about 400 workers.
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Auto supplier expected to bring about 250 jobs to Indiana

June 24, 2014
Associated Press
An auto supplier has signed a lease to move into a new 150,000-square-foot building in Jeffersonville this summer, officials said.
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INDIANA 100: Manufacturing employment lags recovery of sectorRestricted Content

June 21, 2014
Sam Stall
Emphasis on efficiency, technology is softening job demand.
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GM continues down recall road, now citing Camaros

June 13, 2014
Associated Press
The automaker is recalling nearly 512,000 Chevrolet Camaro muscle cars from 2010 to 2014 because a driver's knee can bump the key and knock the switch out of the "run" position.
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GM ignition-defect recall delay investigated by Indiana

June 11, 2014
Bloomberg News
General Motors Co.’s delayed decision to recall almost 2.6 million cars for ignition-switch defects is being investigated by Indiana Attorney General Greg Zoeller, a spokeswoman for his office said.
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State excels in manufacturing and logistics, but issues loom

June 11, 2014
Anthony Schoettle
Manufacturing Logistics Hicks watch videoIndiana's sectors are among the strongest in the nation, according to a recent report. But challenges remain in work force education, the cost of worker benefits, and the pace of innovation.
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Heads roll at GM after investigation of defective switch

June 5, 2014
Associated Press
The automaker says 15 employees—many of them senior legal and engineering executives—have been forced out of the company for failing to disclose the defect linked to 13 deaths.
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Subaru starts building new SUV model in Lafayette

June 3, 2014
Associated Press
Factory workers gathered Monday to celebrate the first day of production on the 2015 model, which is among three Subaru vehicles built at the 3,600-worker plant.
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Auto parts maker adding jobs at Muncie factory

May 30, 2014
Associated Press
Magna Powertrain plans to spend more than $15 million on new equipment for a Muncie factory where it expects to add as many as 50 workers in the coming year.
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Government fines GM maximum $35M in safety case

May 16, 2014
Associated Press
It's the maximum penalty that the government can impose and the first time an automaker has been fined that much. But the amount is less than a day's revenue for the automaker.
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Factory for refurbishing buses to close doors

May 14, 2014
Associated Press
Many of the 160 workers for ABC Companies in Nappanee will have a shot at jobs in a nearby plant for building double-decker buses.
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Chrysler hires 204 workers for new plant

May 13, 2014
Associated Press
At full capacity, the Tipton plant will be able to ship about 800,000 transmissions annually to assembly plants in Toledo, Ohio, and Sterling Heights, Mich., as well as Italy, Turkey, Brazil and China.
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UPDATE: Toyota to quit Camry production in Lafayette

May 9, 2014
Bloomberg News
Fuji Heavy Industries Ltd., the maker of Subaru cars, will stop making Camry cars in the U.S. for its largest shareholder, Toyota Motor Corp., in the second half of 2016. About 100,000 Camrys are made annually at the Indiana plant.
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Remy sees quarterly rise in profit, revenue

May 1, 2014
 IBJ Staff
Pendleton-based manufacturer Remy International Inc. saw profit rise to $9.5 million in the first quarter, up from $1.8 million in the same period of 2013.
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Pickups, small SUVs lead April auto sales rebound

May 1, 2014
Associated Press
U.S. car buyers came out of hibernation in April to spend on pickup trucks and SUVs, fueling an auto sales rebound that analysts expect to last the rest of the year.
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Jasper engine firm to hire 235 for new plant

April 30, 2014
 IBJ Staff
Jasper Engine & Transmission Exchange expects to buy, renovate and equip a 220,000-square-foot facility near its headquarters in the southwest Indiana city.
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Japanese manufacturer plans 220 jobs in Mooresville

April 29, 2014
 IBJ Staff
A subsidiary of TOA Industries Co. Ltd. plans to spend $72.1 million to construct and equip an additional 360,000 square feet of manufacturing and warehouse space at its existing facility in Morgan County.
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Subaru awaiting Toyota's decision about output in Indiana

April 17, 2014
Bloomberg News
Subaru, which added more U.S. market share than any international carmaker last year, is pushing ahead with U.S. expansion plans as it awaits a Toyota's decision on whether it will keep building Camrys at Subaru's Indiana plant.
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Chrysler set to celebrate Indiana factory's opening

April 16, 2014
Associated Press
Chrysler expects to have up to 850 workers at the Tipton factory, with a goal of it producing 400,000 transmissions by year's end.
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Body shops sue insurers, allege push to drive down pricesRestricted Content

April 12, 2014
Chris O'Malley
In a federal lawsuit, 14 Indiana auto-body shops accuse State Farm and competitors of extracting “unreasonable and onerous” concessions on vehicle repair costs.
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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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