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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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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!