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EnerDel
EnerDel charged up over utility market
September 1, 2012
Dan HumanLocally based EnerDel, maker of fuel-efficient lithium-ion batteries, is steering away from the disappointing electric-vehicle
market. Its new strategy: batteries for utilities—especially in emerging markets where electric grids can be unreliable,
which increases the need for backup power supplies.
MoreEnerDel hires first post-bankruptcy chief executive
June 4, 2012
Kathleen McLaughlinDavid Roberts, the company's intellectual property lawyer since January 2011, is the new CEO. Richard Quirin, who was
chief financial officer at IMMI, a seatbelt maker based in Westfield, is the new CFO.
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.
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.
MoreEner1 reorganizing; Bright Automotive folds
March 3, 2012
Both firms appeared a few years ago to be poised to hire thousands of workers. But they slid into a tailspin as anticipated
funding failed to materialize and the market prospects for hybrid and electric engines dimmed.
MoreCourt OKs EnerDel parent's bankruptcy plan
February 29, 2012
IBJ Staff and Associated PressA court has approved Ener1's plan to emerge from bankruptcy, the parent company of locally based EnerDel announced Wednesday.
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.
MoreEnerDel parent dismantles executive team
November 9, 2011
IBJ StaffEner1 Inc., the struggling parent company of Indianapolis-based advanced-battery maker EnerDel, continued its tumultuous year
by naming a new CEO, president and chief financial officer.
MoreEner1 becomes latest energy aid recipient in trouble
October 31, 2011
Bloomberg NewsElectric-car battery maker Ener1 Inc., whose shares were delisted from the NASDAQ stock market Oct. 28, is the latest recipient
of U.S. Energy Department aid to run into financial trouble and draw congressional scrutiny.
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.
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.
MoreSolar flop puts energy funding in limbo
October 15, 2011
Chris O'MalleyCompanies promising thousands of green jobs in Indiana are playing a high-stakes waiting game as federal officials consider
the fate of at least $600 million in loan guarantees.
MoreEnerDel parent shakes up management ranks
September 29, 2011
IBJ Staff and Bloomberg NewsBattery maker Ener1 Inc., which has almost 400 employees in the Indianapolis area, has replaced its chief executive and appointed
Ivy Tech President Thomas J. Snyder as non-executive chairman of the board.
MoreEnerDel parent in danger of losing NASDAQ listing
September 12, 2011
Kathleen McLaughlinThe New York-based parent of EnerDel, which has almost 400 employees in the Indianapolis area, told investors Friday that
it had received written notice of its failure to comply with NASDAQ's listing requirements.
MoreEnerDel parent expresses major cash-flow concerns
August 18, 2011
Kathleen McLaughlinAuditors are reviewing whether Ener1 Inc., which has hundreds of workers in the Indianapolis area, has enough cash to continue
operations.
MoreEnerDel parent says quarterly report will be late
August 9, 2011
IBJ StaffNew York-based Ener1 Inc., which engineers and makes batteries in the Indianapolis area at its EnerDel subsidiary, announced
Tuesday that it won't file its second-quarter 2011 financial report on time.
MoreElectric car company filing for bankruptcy
June 22, 2011
Kathleen McLaughlinThink Global, which has a factory in Elkhart and uses batteries made in the Indianapolis area, plans to liquidate its assets,
according to supplier Ener1 Inc. Ener1 expects to lose $32 million in the process.
MoreEner1 stock takes beating after Think write-down
May 21, 2011
IBJ StaffThe battery maker has been hurt by slow sales of electric car manufactured in Elkhart.
MoreBattery maker drops Indianapolis president
April 15, 2011
Kathleen McLaughlinBattery maker Ener1 Inc. has fired Chief Operating Officer Rick Stanley, who was also president of the company's Indianapolis-based
operation, EnerDel Inc.
MoreEner1 picks CEO for Indianapolis-based battery unit
April 2, 2011
IBJ StaffChristopher Cowger joins Ener1 from California-based Advanced Micro Devices, where he was corporate vice president and general
manager.
MoreSluggish demand for electric car forces layoffs at Ener1
March 25, 2011
Kathleen McLaughlinBattery maker Ener1 has laid off about 3 percent of its 770 employees worldwide, partly because of lower-than-expected demand
from the Think electric car being assembled in Elkhart. It had about 380 workers in central Indiana.
MoreThink car sales benefit battery-maker EnerDel
December 4, 2010
IBJ StaffIndianapolis-based EnerDel is the main battery supplier for Think’s two-seat City.
MoreDuke Energy exploring other uses for electric-vehicle batteries
November 23, 2010
Scott OlsonThe utility, which has about 780,000 customers in Indiana, is teaming with Japanese firm Itochu Corp. to test applications
for used electric vehicle batteries. The pilot project builds on Indiana's clean-tech initiative, Energy Systems Network.
MoreEnerDel parent nets $20M from Russian investor
September 23, 2010
Kathleen McLaughlinNew York-based Ener1 didn't disclose how it will use the funds coming from Ener1 Group Inc., a company led by Russian
industrialist Boris Zingarevich.
MoreStructural shakeup means changes at EnerDel
September 21, 2010
Kathleen McLaughlinEner1 Inc., the parent company of local advanced-battery maker EnerDel, has reorganized its corporate structure and shuffled
management ranks.
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liek the rest of America
These quaint,obsessed musings by the stalkers are certainly entertaining, but I'm trying to figure out what, if anything, all the yelping below has to do with Zak Brown.
It's evident that Moffett was pushing the right buttons and corporate America is now trying to squash him. He just wanted to withdraw the free pilot services provided to the company by the pilots to try and put some pressure on a company that has not been interested in negotiating a contract in over 5 years. The company does not provide a contract because not having one has saved them a bundle of money. Shame on any Republic pilots not standing behind their union leader just because things are getting tough, can you not see such strategic moves by the company as putting the last union president in a corporate position and into THEIR pocket. Do you really believe the last union president is so appalled at the attempts by Moffett, do you not remember his oppositions to the company? We stood behind him. It has been proven over and over again for thousands of years without fail, a man cannot serve two masters. Anyone that believes people vote contrary to their paycheck and livelihood deserve to be taken advantage of, the recent statements by the former union president are laughable as he denounces the current union president from his new corporate position. Have you ever seen a drafted sports player score points for his previous team, it cannot be done, he is not on the pilots side anymore, he gets his money a different way now than you and I do, and he should not be allowed to remain on the seniority list. A drafted player brings strength, credibility, tactical knowledge, and a strategic advantage to his NEW team, he would not be drafted or paid were it otherwise. We are all forced to choose only one side to play for and support, not doing so has many references in life such as insider trading and shaving points, all illegal for good reason. This basic fact is why corporate moguls, scientist, and engineers all sign non-discloser agreements and non-compete clauses, as protection in case they are lured into switching sides as our former union president has done. No NFL coach ever drafted a player so that both teams could benefit and better understand each other, they are recruited to win the game against that former team, period. Likewise the company does not recruit the former union president by accident or mutual understanding, its strategy. Don't confuse playing the game with good sportsman-like conduct in support of common business and prosperity goals, with the requirement to only play for one side. Good men we all love and favor fall subject to this manipulation, often without their knowledge, and it is not a betrayal of their friendship to oppose them when they switch sides. If we did not love and trust them, they would not have been chosen and lured to the other side in the first place. The deception by the drafted player is not made at a conscious level, it's just human nature and it's all about money and power which corrupts our ability to be objective and loyal to two masters. This is why our court system created the defense attorney, and why our military created counter intelligence. Its strategy and its propaganda, and it works, and that's why the "powers to be" manipulate the chess pieces by sometimes changing their colors. Some players know they are being manipulated when their color is changed, but it brings them more money and power so they do not care. The rest have good intentions but do not even realize they are being manipulated. This tactic is also known by another name, Divide and Conquer. In battle sending an imperfect message with an imperfect team is obviously not ideal, but it's still being sent by YOUR team, your union leader, a leader that has common goals and common rewards with you, they are the best, because we have elected them to do a job for us. If you are not backing Moffett but believing the spin by those that have recently switched sides, you are taking food out of your own mouth. Showing unity and backing an imperfect situation still results in taking just as much ground, it's about unity and bargaining power. It's not necessary to wait around for that perfect attack because it will never come, the company will spin and attempt to destroy anyone that gets in their way. Ultimately it's not about any specific attack anyway, ASAP or whatever it makes no difference, it is and always has been only about power. If this company cared about safety it would not build pairings with 8 hour overnights, come on, are you that naive? Besides, do you really think Hoffa cares, no, he got a call from corporate America and was squeezed into denouncing Moffett. If he didn't they would spin the safety card against him and the Teamsters National with implication for truckers, future contracts, insurance rates etc...saying something like the Teamsters use safety as a bargaining chip, blah blah blah... Do you really think any pilot is going to do something unsafe for the contract, absolutely not, the only ones threatening safety here is the company with reduced rest, fatigue, and poverty. Do you not find it odd that Hoffa and the Teamsters are opposing a Teamster president publicly? Would the Teamsters National not normally support and work with one of their own? Why did they not sit down and help him strategize, correct any mistakes, and charge ahead? Would the Teamsters National not normally support and leverage a contract for all those pilots that have been paying Teamster dues, isn't that why we have all been paying Teamster dues in the first place? I sure haven't been paying dues so that the Teamsters National could come along and write this kind of an article undercutting our union leader and our unity. Whose side is the Teamsters National really on, it's obviously not the Republic pilots side.
No matter what Moffatt does the company is going to spin it like he is the terrorist and brainwash people like you into believing it, wake up, back your players that are trying to change things for you and your livelihood. Where has Hoffa been for the last 6 years, except collecting our dues. Seriously, do you really think an FO going for upgrade, signed off by a checkairman ready for the upgrade, who then fails, is not even capable of returning as a First Officer.
whoa!