Distribution & Logistics

Merger of cell phone titans takes glow off BrightpointRestricted Content

June 18, 2011
Greg Andrews
Some analysts say investors overreacted to the risk Brightpoint would lose T-Mobile as a customer. Merriman Capital's Scott Searle estimates the earnings impact from losing that client would be “dramatically less than investors originally feared” and “is more than adequately reflected in the stock price.”
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Federal judge dismisses Brightpoint fraud suit

June 13, 2011
Scott Olson
A London-based hedge fund sued Brightpoint over a $10 million loan it alleged the Indianapolis-based mobile phone distributor fraudulently brokered in anticipation of an acquisition that never materialized.
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Medco deal loses its luster

June 13, 2011
J.K. Wall
New Jersey-based Medco has hired just 430 workers in Whitestown—far short of its commitment of 1,400 by 2012—and its business trends suggest the company is shrinking, not growing.
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DWYER: Hiring costs can be sliced when industry cooperatesRestricted Content

June 11, 2011
Steve Dwyer
Manufacturers and distributors often avoid existing training programs.
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State manufacturing, logistics sectors score high marks

June 10, 2011
Scott Olson
The grades were part of an annual report released Friday morning by Conexus Indiana, an industry group that is part of Central Indiana Corporate Partnership. A 4.6-percent increase in employment the past year helped the state's manufacturing sector repeat its "A" grade.
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Medco may seek acquisition with biggest contract imperiled

June 7, 2011
Bloomberg News
Medco Health Solutions Inc., which operates a $140 million automated pharmacy and distribution center in Whitestown, has lost $3.5 billion in contracts since March.
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General Mills plans $36M distribution center

May 31, 2011
Associated Press
General Mills Inc. announced Tuesday it would spend $36 million in building the new distribution center in Fort Wayne and potentially add 65 jobs by the end of 2012.
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Best Buy closing Franklin warehouse; 301 jobs lost

May 19, 2011
The Minneapolis-based appliance and electronics retailer plans to close the facility by the end of March. Employees will be terminated in phases beginning in July.
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Brightpoint bringing 100 jobs to central Indiana

May 17, 2011
Kathleen McLaughlin
Brightpoint Inc. will add 100 jobs in Plainfield as it moves its Touchstone Wireless operations from Bristol, Tenn., the company announced late Tuesday afternoon.
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Amazon plans another area warehouse, more jobs

May 9, 2011
 IBJ Staff and Associated Press
Amazon.com plans to open a third large distribution center in central Indiana this summer that will employ hundreds of workers, the company said Monday morning.
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Distributor closing Plainfield facility, 76 jobs affected

April 27, 2011
Toronto-based Ditan Distribution LLC said it will close the distribution center in three phases beginning June 18 and lasting until Aug. 5.
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Celadon boosts financial performance

April 27, 2011
 IBJ Staff
Celadon Group Inc. improved revenue and profit in its third fiscal quarter despite lower volumes attributed to bad weather, the Indianapolis-based trucking company said Tuesday.
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Blue Ribbon Transport plans move, new jobs

April 14, 2011
 IBJ Staff
Indianapolis logistics firm Blue Ribbon Transport Inc. will invest $1 million to move into a larger headquarters, adding as many as 75 jobs over the next three years, economic development officials said Thursday morning.
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Town of Plainfield backs logistics training center

April 13, 2011
Kathleen McLaughlin
The Plainfield Town Council has agreed to spend $500,000 over the next five years to help Vincennes University create the VU Logistics Training and Education Center, the college announced Tuesday.
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J.C. Penney closing warehouse, cutting 230 jobs

April 7, 2011
Associated Press
J.C. Penny Co. says it plans to close a warehouse in Plainfield by September 2012.
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HOLT: New York threatens to ballast Indiana exports

April 2, 2011
David Holt
Regulations aimed at stopping invasive species are too stiff.
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Indiana seeks to become player in cargo flights

March 27, 2011
Associated Press
The state nicknamed the "Crossroads of America" wants to become a preferred landing spot for cargo planes, but industry leaders say Indiana could have a tough time attracting flights from neighboring states because many airports are competing for the same business and freight companies are resistant to change.
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Freight brokerage plans local office, 50 jobs

March 15, 2011
 IBJ Staff
Cincinnati-based Total Quality Logistics Inc., a national freight brokerage firm, plans to open a satellite office in Indianapolis in April.
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Pac-Van moving headquarters to city’s east side

March 2, 2011
The Indianapolis company that leases mobile offices and storage units plans to move from its south-side location by April 1.
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Indianapolis airport plan plays up money-making logisticsRestricted Content

February 26, 2011
Chris O'Malley
Growing cargo and logistics business overshadows such titillating concepts as solar farm, recreation campus.
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Truck stocks signal economic growth

February 24, 2011
Bloomberg News
Companies that act as brokers for trucking services are gaining favor with investors as the 20-month-old rebound shifts into a new phase that’s less dependent on inventory restocking.
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Logistics provider cutting 76 jobs in Brownsburg

February 15, 2011
Pittsburgh-based Genco ATC is vacating its Brownsburg facility after failing to receive the contract to operate the warehouse at 901 Northfield Drive.
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Defense contractor Gryphon plans Bloomington expansion

February 9, 2011
 IBJ Staff
Maryland-based  defense contractor Gryphon Technologies plans to expand its operations in Bloomington, creating as many as 60 jobs by 2013.
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Judge orders concrete company to bargain with union

February 3, 2011
Irving Ready-Mix was ordered to restore pay to workers that had been cut by nearly $3 an hour and to recognize the union as the collective bargaining representative of the employees.
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Cat Logistics to lay off 84 in Greenfield

January 26, 2011
 IBJ Staff
Caterpillar Logistics Inc. plans to permanently lay off 84 employees from a facility in Greenfield, where it handles distribution services for Irwin Industrial Tools.
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