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Auto Industry
Strong Subaru sales might boost Indiana plant work
September 5, 2012
Associated PressSubaru reported August sales up more than 35 percent from a year ago, joining other automakers in pushing U.S. sales to their
highest level in three years. That could lead to increased production at its central Indiana factory.
MoreToyota adding jobs this fall at Indiana factory
August 27, 2012
Associated PressToyota says it is hiring the first wave of new employees this fall for an expected 400-person addition to the work force at
its southwestern Indiana factory.
MoreToyota, Duke to test electric-vehicle technology in Indiana
August 22, 2012
Chris O'MalleyToyota Motor Corp. will test and refine electric-vehicle-charging technology in the Indianapolis area under a partnership
with Duke Energy Corp. announced Wednesday morning.
MoreFlorida firm takes majority ownership in Remy
August 20, 2012
Dan HumanA Florida title insurer and mortgage service has increased its ownership of Pendleton-based manufacturer Remy International
Inc. to 50.2 percent.
MoreViolations persist after fatality at Shelbyville glass factory
August 18, 2012
Dan HumanA Shelbyville glass factory has had almost two years to address safety violations resulting from a worker’s death, but
the state says the plant still has a lot of the same problems. Pilkington North America faces $150,000 in fines after an Indiana
Occupational Safety and Health Administration inspection in March and April.
MoreAllison reports $413M quarterly profit, but lowers forecast
July 30, 2012
IBJ StaffAllison Transmission Inc. on Monday reported earnings of nearly $413 million in the second quarter after losing $17.2 million
in the same period a year ago. The Indianapolis-based manufacturer cut its full-year sales-growth forecast.
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.
MoreAuto parts manufacturer plans 325 jobs in Anderson
July 24, 2012
Automobile parts supplier Greenville Technology Inc. plans to open a $21.4 million plant in Anderson, creating 325 jobs by
2016, economic development officials announced Tuesday morning.
MoreHonda investing $40M in Greensburg, adding 300 jobs
July 18, 2012
Honda Manufacturing of Indiana LLC, a division of Japan-based Honda Motor Co., said on Wednesday that it will invest $40 million
in its Greensburg plant and hire 300 employees later this year as it ramps up production of its compact cars.
MoreManufacturers help schools fill training void
July 7, 2012
Dan HumanManufacturers—bedeviled by an underskilled labor force—seek highly trained graduates. Career centers—struggling
with funding cuts—seek support from companies so classes can keep operating.
MoreCarmakers report strong June sales after May slowdown
July 3, 2012
Associated PressFrom mini cars to monster pickups, sales of vehicles charged higher in June and eased concerns that Americans would be turned
off by slower hiring and other scary headlines.
MoreAnderson's former GM plants getting second look
June 26, 2012
Associated PressAnderson officials said they are excited that companies have been showing interest in some of the industrial or commercial
properties left by General Motors that need or are undergoing environmental cleanups.
MoreIndianapolis fastest-growing companies run the gamut
June 16, 2012
Marc D. AllanThis year's list of fastest-growing private companies in the Indianapolis area is a diverse lot, operating in industries ranging
from human resources to office furnishings to construction to home health care and games.
MoreColumbus auto parts maker plans to add 50 jobs
June 12, 2012
NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional
equipment for its 1-million-square-foot facility.
MoreChrysler investment paying off at Kokomo plant
June 8, 2012
Associated PressOn the cusp of realizing the end result of a historic, $1.3 billion investment in Kokomo's plants, Chrysler officials
here and in Detroit, Mich., are riding high.
MorePolice car maker not giving up on Indiana plans
June 1, 2012
Associated PressA company with plans for building high-tech police cars at an eastern Indiana factory has added a venture capitalist on board
as it tries to raise millions of dollars to get off the ground.
MoreCummins hires ex-Indianapolis mayoral candidate
May 16, 2012
Melina Kennedy has joined the diesel engine maker's corporate communications team and will be responsible for executive communications,
research and speechwriting for CEO Tom Linebarger.
MoreSubaru to add 100 jobs as part of $75 million expansion
May 16, 2012
IBJ StaffSubaru already employs 3,600 at its Lafayette facility, with 600 workers added in the past three years. The expansion will
ramp up production from nearly 171,000 cars a year to at least 180,000.
MoreLocal automotive supplier in line for new city incentive
May 11, 2012
Scott OlsonA shorter-than-usual abatement plan during which no property taxes are paid for three years is expected to help Van's Electrical
Systems invest $427,000 to purchase and rehab a vacant building on the city's west side.
MoreRussian investor gives Ener1 fresh start
April 7, 2012
Kathleen McLaughlinA Russian timber tycoon who poured millions into a battery maker with Hoosier roots is the new owner of Ener1 Inc. Boris Zingarevich
supplied $50 million for Ener1’s March 30 exit from bankruptcy and is moving its headquarters from New York to Indianapolis—already
home to its core subsidiary, EnerDel.
MoreLocal automobile dealers enjoy big month of sales
April 5, 2012
IBJ Staff and Bloomberg NewsNew car sales nationally rose about 13 percent last month as consumers replaced aging vehicles and took advantage of cheap
financing. Sales were way up for many Indianapolis auto dealers.
MoreInvestors still may clean up on some clean-tech bets
March 31, 2012
Greg AndrewsThe spectacular flameouts of some startup firms underscores the risk of relying on infusions of federal money to keep a business
viable.
MoreHonda looks to dealers to boost natural gas station network
March 7, 2012
Bloomberg NewsHonda Motor Co. wants to double sales of its Indiana-made Civic Natural Gas sedans, but doing so
requires more fuel stations. The car maker wants some of its dealers to install pumps to sell the fuel.
MoreMaker of truck bodies plans to add up to 350 jobs in Goshen
March 6, 2012
IBJ StaffSupreme Industries said it will invest nearly $8 million to refurbish and equip facilities on its 100 acre-campus in Elkhart
County.
MoreGreencastle plant key in Ford's environmental movement
March 3, 2012
Scott OlsonSupplier to begin producing door part made from kenaf, a plant similar to bamboo but related to cotton.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.