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Auto Industry
LEADING QUESTIONS: Burd Ford flies after tragedy
July 29, 2010
Mason King
Richard Burd's suicide led to shrewd cost-cutting at the family
auto dealership. For Christine Burd, returning to profitability is both heartening and heartbreaking.
Frankfort manufacturer to build plant in Tennessee
July 28, 2010
Associated PressNHK Seating of America's plant in Murfreesboro is expected to employ up to 224 workers when all phases of production are operating
in 2015.
MoreAuto plant's 300 jobs draw 3,000 applicants
July 21, 2010
Associated PressThe response to openings at a Chrysler transmission plant in Kokomo reflects the large number of people out of work, a union
official said.
MoreUAW salvages Navistar foundry on brink of closing
July 14, 2010
Kathleen McLaughlinA five-year contract ratified late Tuesday covers 250 workers in UAW Local 226 who work at Indianapolis Casting Corp.
MoreRuling on Visteon retiree benefits overturned
July 14, 2010
Associated PressIn overturning two lower court decisions, a three-judge panel of the 3rd U.S. Circuit Court of Appeals in Philadelphia unanimously
agreed with attorneys representing some 2,100 retirees from two Visteon manufacturing plants in Indiana.
MoreCummins to expand Seymour plant, add 200 jobs
July 9, 2010
Kathleen McLaughlinCummins said it will invest $100 million in the Seymour plant as it rolls out a new, larger-displacement engine.
MoreToyota adding 100 workers at Indiana factory
June 22, 2010
Associated PressThe hiring follows Toyota's announcement this month that it would move some of its Highlander SUV production from Japan to
the Princeton plant.
MoreGM recalling 1.5 million vehicles over fire concerns
June 8, 2010
Associated PressThe recall affects several pickup trucks, sport utility vehicles, crossovers and passenger car models from the 2006 to 2009
model years. GM conducted a similar recall in 2008 but came across new reports of fires in vehicles that had been fixed.
MoreEnerDel parent lands $65M investment
June 1, 2010
IBJ StaffThe parent company of lithium-ion battery maker EnerDel has landed a $65 million investment from its largest shareholder.
MoreToyota to move Highlander production to Indiana
June 1, 2010
IBJ Staff and Bloomberg NewsToyota began manufacturing the Highlander SUVs in November 2000 and has been making between 1,000 to 9,000 gasoline vehicles
a month. In April, it produced about 1,900 units.
MoreEnerDel forms joint venture with Chinese autoparts maker
May 27, 2010
Kathleen McLaughlinBattery company will offer expertise to help Wanxiang build Chinese factory, fill backlogs. Indiana employment could reach
3,000, but there's no target date for achieving that milestone.
MoreCity hosting U.S.-China vehicle summit
May 24, 2010
Event will bring together a delegation of Chinese automakers and Indiana manufacturers to explore business opportunities relating
to hybrid and electric vehicles.
MoreMitsubishi planning Franklin expansion
May 20, 2010
IBJ StaffA Franklin manufacturing facility is planning a $9.4 million expansion project that would more than double employment over
the next two years.
MoreOld General Motors sites could receive $800M for clean up
May 18, 2010
Associated PressThe proposed sites include the Indianapolis Stamping plant on the west side and the former GM Delco Plant 5 in Kokomo.
MoreChrysler plans to spend $300M retooling Kokomo plants
May 11, 2010
Investment in transmission and casting plants, however, hinges on city's ability to offer tax abatement.
MoreSubaru adding production at Lafayette plant
May 4, 2010
Japanese automaker has boosted employment by 200 since August to meet demand for its Outback and Legacy models.
MoreSale of GM plant could come as soon as June
April 29, 2010
Scott OlsonUAW official says General Motors and prospective buyer are working on a "real aggressive" schedule to have the acquisition
completed by the end of June.
MoreChrysler's old assets in bankruptcy can be liquidated, court rules
April 20, 2010
Bloomberg NewsInvestors who had challenged the bankruptcy sale, including the Indiana State Police Pension Trust, had argued that Treasury
Secretary Timothy Geithner violated the Constitution by using TARP money to finance the sale, and had their arguments overruled
in the appeals court.
MoreCarbon Motors' prototype cop car is crammed with technology
April 17, 2010
Norm Heikens
The specialized vehicle can read license plates, sniff for weapons of mass destruction and see people and animals in
the dark.
$15M loan brings EnerDel closer to launching production
April 10, 2010
Kathleen McLaughlinThe locally based battery maker serves as collateral on the financing lined up by its New York-based parent, Ener1.
MoreHundreds show interest in jobs at police car maker
April 6, 2010
IBJ Staff and Associated PressCompany executives told those at Monday's information sessions that many jobs will require an associate's degree in engineering
and computer literacy to operate assembly-line machines.
MoreImpact Racing reaches agreement over safety labels
April 1, 2010
Kathleen McLaughlinBill Simpson's Impact Racing LLC reached an agreement Thursday with an industry-certification group that will allow the company
to continue selling race car safety gear made this year and last.
MoreBMW, Carbon Motors ink $1.35B supply contract
March 22, 2010
IBJ Staff and Bloomberg NewsBMW has won a contract from Indiana-based Carbon Motors Corp. worth more than $1.35 billion to supply engines for U.S. police
cars.
MoreTrailer company buying closed northern Indiana factory
March 18, 2010
IBJ Staff and Associated PressExecutives of Novae Corp. announced plans for the company's expansion in North Manchester, where it expects to employ perhaps
85 people by 2013.
MoreVisteon judge won't halt benefits termination
March 17, 2010
Associated PressAn attorney for a union representing some 2,100 people who worked at two Visteon plants in Indiana argued Tuesday that many
are facing hardship, and that the order should be stayed pending an appeal to a federal district court judge.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.