International Business

Caterpillar chief: Indiana growing more competitive

September 16, 2014
Norm Heikens
CEO Doug Oberhelman said Tuesday that government overhauls and an aggressive economic development policy have made the state among the most attractive for investment.
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U.S.-Japan group calls for finishing trade pact

September 8, 2014
Associated Press
Government officials from the United States and Japan called Monday for completion of an international trade agreement that they said would strengthen ties between the two allies and help both countries recover from their own economic struggles.
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Treasury explores ways to limit profitability of overseas shifts

September 8, 2014
Associated Press
Treasury Secretary Jacob Lew said Monday the Obama administration will decide "in the very near future" what actions it can take to make it less profitable for U.S. companies to shift their legal addresses to other countries.
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Strong European sales goose Hurco's quarterly results

September 5, 2014
Norm Heikens
The Indianapolis-based machine tool maker reported Friday morning that profit in the latest quarter shot up more than 400 percent as sales and fees increased 25 percent.
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U.S. companies increasingly fish for growth overseas

July 28, 2014
Associated Press
Few U.S. industries are tying their fortunes to overseas markets as aggressively as the technology sector, where new sources of revenue are often just a matter of equipping people with a computing device and an Internet connection.
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Obama wants limits on U.S. company mergers abroad

July 24, 2014
Associated Press
President Barack Obama on Thursday demanded "economic patriotism" from U.S. corporations that use legal means to avoid U.S. taxes through overseas mergers.
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Pence headed to United Kingdom for trade trip

July 9, 2014
Jessica Seabolt, The Statehouse File
Indiana Gov. Mike Pence, first lady Karen Pence and state officials will travel to the United Kingdom on Saturday for an economic development mission to bring jobs and investment to Indiana.
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Pence to visit United Kingdom on economic development trip

June 26, 2014
Associated Press
Indiana Gov. Mike Pence is leading a group of business and community leaders on a jobs mission to the United Kingdom next month.
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Indiana lieutenant governor leading trip to Asia

June 12, 2014
 Associated Press and IBJ Staff
The delegation plans to visit Japan, South Korea and Taiwan for two weeks beginning Saturday.
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Japanese manufacturer plans 220 jobs in Mooresville

April 29, 2014
 IBJ Staff
A subsidiary of TOA Industries Co. Ltd. plans to spend $72.1 million to construct and equip an additional 360,000 square feet of manufacturing and warehouse space at its existing facility in Morgan County.
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German companies pledge to create Indiana jobs

April 18, 2014
Jeff Newman
Coinciding with Gov. Mike Pence’s economic development trip to Germany this week, three German companies agreed to hire more than 100 workers in Indiana.
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Pence set for weeklong trade mission to Germany

April 11, 2014
Associated Press
The governor's office says Pence will leave Saturday, leading an eight-person group that includes first lady Karen Pence and state Commerce Secretary Victor Smith.
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Pence renews talks over $2.1B fertilizer plant

April 8, 2014
Associated Press
Indiana economic development officials have renewed talks with Pakistan-connected developers who want to build a major fertilizer plant in southwestern Indiana, one year after the state withdrew its support for the project over national security concerns.
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U.S. steelmakers accuse South Korea of dumping

March 25, 2014
Bloomberg News
U.S. Steel and Steel Dynamics Inc., which have thousands of employees in Indiana, are among steel companies who say they have been unfairly harmed as imports of the products are sold more cheaply than domestic producers can make them.
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Foreign trade zone status easier to come byRestricted Content

March 19, 2014
Chris O'Malley
Shielding items from customs duties has become cheaper, quicker.
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Gaffes to avoid while doing global businessRestricted Content

March 15, 2014
Chris O'Malley
From baring the sole of one's shoe to giving a time piece and chilling the wine, opportunities to offend abound.
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Group led by WellPoint to partner on global health network

January 9, 2014
Bloomberg News
The Blue Cross and Blue Shield Association will form a combined provider network with London-based Bupa that will collectively include more than 11,500 hospitals in more than 190 countries, the partners said Thursday.
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Security firm's job-creation plans draw state incentives

December 11, 2013
 IBJ Staff
Allegion PLC's plans to add employees at its North American headquarters in Carmel could earn the global security firm as much as $2 million in tax credits from the Indiana Economic Development Corp.
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Spinoff firm with Carmel HQ plans to hire 150

December 2, 2013
 IBJ Staff
Allegion PLC, an international firm that made its debut as a public company on Monday, plans to hire another 150 people within six months between its Carmel corporate hub and Indianapolis manufacturing facility.
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Record number of foreign students hit U.S., Indiana

November 11, 2013
 IBJ Staff and Associated Press
Purdue finished second in international enrollment among public universities, with 9,509 students in the 2012-13 academic year. IU finished 13th, with 6,547.
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Ex-Japanese biz exec to lead state's Asian strategy

November 7, 2013
Associated Press
Rick Pease was hired by the state after a 30-year career at Columbus-based Enkei America, the North American division of a global automotive supplier.
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Purdue set to pay students who'll study abroad

September 23, 2013
Associated Press
Fewer than 20 percent of Purdue students participate in international study programs before graduating, and one of university President Mitch Daniels' new initiatives is to increase that to one-third of some 30,000 undergrads.
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Central Indiana mayor traveling to Italy to lure business

September 20, 2013
Associated Press
Anderson Mayor Kevin Smith said he'll meet with executives from five manufacturing companies near the city of Milan during the trip that starts Saturday.
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Gov. Pence courting Japanese firms during tripRestricted Content

September 14, 2013

Gov. Mike Pence will have met with every major Japanese employer in central Indiana by the time he returns Sept. 14 from his first overseas trade mission. Pence is trying to drum up new investment while thanking the companies that have had a presence here for decades.

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Pence visits Subaru officials, plants tree in Japan

September 12, 2013
Jesse Wilson, The Statehouse File
Indiana Gov. Mike Pence is visiting Japanese companies that do major business in Indiana on a trade mission to Asia.
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  1. This is still my favorite Mexican restaurant in town. What I do love about the new version is it is much quieter than the most recent version. TV's were off, the music wasn't too loud, and the wait staff were not hyperactive like they had been the past few times I had been there. I just wish they would bring back the MOLE for the enchiladas!

  2. Not a bad paper. There is a need for local community news and city government issues. Don't really need the owner's constant national political rants. We all know where they stand by now.

  3. What nice people. Menard should've known better than to team up with the guy who robbed and drove Conseco to ashes. I'm surprised Timothy Durham isn't involved in this.

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  5. It is beyond me how anyone can think this was a "bad deal" for the state! If they could take the money back then, yes, but they can't! Protections were built in the agreement. Now, if they roll the roads up and take them away, I will agree that it was a bad deal. Otherwise, the only way to have paid for the infrastructure that was badly needed was for the state to issue bonds....that is a four letter synonym for debt folks!!

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