Exports

U.S. Department of Commerce recognizes Indianapolis exporterRestricted Content

September 29, 2012
 IBJ Staff
Hoosier Gasket Corp. received the Export Achievement Award for its recent success in Eastern Europe and China.
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Cummins cools off, but Seymour expansion still in worksRestricted Content

August 18, 2012
Dan Human
Cummins Inc.—a company that quadrupled its profits in two years—has shifted to cost-cutting mode amid a drop in global sales, but the Columbus-based engine manufacturer says it’s still on track to increase sales from $18 billion in 2011 to $30 billion in 2015.
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Indiana companies finding export boom in AfghanistanRestricted Content

July 28, 2012
Dan Human
While Indiana exports overall rose 12 percent in 2011, to a record $32.2 billion, shipments to Afghanistan rocketed 323 percent, to $828 million.
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Promised tariff cuts could spur Indiana exports to China

March 29, 2012
Chris O'Malley
Indiana logistics firms and their manufacturing clients could gain new export opportunities to China if the country follows through on plans to reduce taxes on imported goods.
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Is China headed for 'soft-landing slowdown'Restricted Content

December 17, 2011
Kathleen McLaughlin
An oasis of growth for some Hoosier manufacturers, China’s economy is headed for a slowdown. That affects both Indiana companies that have outposts in China, and the firms that export to the Asian powerhouse.
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Lugar: Obama failing on Brazil trade, cedes clout to China

December 2, 2011
Bloomberg News
The top Republican on the Senate Foreign Relations Committee said President Barack Obama is missing opportunities to strike closer ties with Brazil, allowing China to steal market share from U.S. companies in Latin America’s biggest economy.
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Taiwanese reps sign deals to buy corn, soybeans

September 26, 2011
Associated Press
Two Taiwanese trade groups have agreed to buy as much as $5 billion worth of corn and soybeans from Indiana and other states in 2012 and 2013.
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Indiana exports hit annual record

September 15, 2011
The state shipped $28.7 billion in goods last year to foreign countries, including Canada, Mexico and Germany, which accounted for most of the demand, according to a report from the Indiana University Kelley School of Business.
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Daniels signs trade deal with Chinese province

July 18, 2011
Associated Press
Daniels signed the business cooperation agreement Monday with the leader of Zhejiang Province, located on the east coast of China south of Shanghai. The document pledges to develop further business links between Indiana and Zhejiang.
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HICKS: Free trade isn't costing Americans jobsRestricted Content

July 16, 2011
Mike Hicks
I actually find it astonishing that there are still Americans who devote themselves to opposing free trade on the grounds that it hurts the economy. There is no more easily disproven fiction.
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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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Exports fueling Indiana business growth

December 4, 2010
Kathleen McLaughlin
Firms are taking matters into their own hands to open trade relationships overseas, developing export policies they hope will benefit themselves and their communities.
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State opens 2nd biz-development office in China

May 21, 2010
 IBJ Staff
Zhejiang Province office will be Indiana Economic Development Corp.'s seventh international location.
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Brightpoint receives foreign trade zone status

February 23, 2010
Granting of foreign trade zone status should help the Indianapolis-based mobile device distributor be more competitive in the global wireless market, company executive says.
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State exporters poised to benefit from Obama effortRestricted Content

February 13, 2010
Kathleen McLaughlin
Overseas sales are a major emphasis for Indianapolis-based Peerless Pump, which makes highly engineered pumps for fire suppression, factories and waterworks. President Obama’s administration wants to help rebuild the U.S. economy by putting more companies on Peerless’ trajectory.
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Air-filter maker fills orders for overseas destinations

September 5, 2009
 IBJ Staff
With a recent surge in overseas sales, Pure Air Systems is reaping the benefits of incorporating new technology into its product line.
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Exports rise despite recessionRestricted Content

April 20, 2009
Chris O'Malley
Indiana's growing shipments to China averts a reversal in exports for the state, but core transportation equipment takes a hit.
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IU hosts important conference on U.S.-China business cooperationRestricted Content

April 6, 2009
Indiana University on April 15-17 will present what might be the most ambitious conference all year on U.S.-China business cooperation.
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India deal boosts BastianRestricted Content

October 22, 2007
Anthony Schoettle
Little more than a decade ago, Bastian Material Handling had annual sales of less than $35 million. Since 2000, its revenue has doubled, to $80 million, and its business interests don't just cross the state, they circle the globe.
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  1. First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.

  2. My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.

  3. That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.

  4. TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.

  5. The Prestige was an awesome movie.

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