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International Business
Passage to India: Ballard leading weeklong trade trip
April 12, 2013
IBJ StaffThe Indianapolis delegation will hit the cities of Hyderabad and New Delhi. Visits will focus on information technology, life
sciences, and research groups, organizers said.
MoreChamber prez Miller resigns after 18 months
April 11, 2013
Norm HeikensScott Miller, 45, will leave the Indy Chamber after a short tenure that included leading the body through mergers with several
like-minded groups. He tells IBJ he felt that he had already accomplished his major goals and wanted to shift to
the private sector.
MoreIndianapolis chamber absorbs World Trade Club
March 18, 2013
IBJ StaffThe 46-year-old World Trade Club of Indiana is becoming part of the Indy Chamber—a move organizers hope will give the
not-for-profit additional firepower as it works to educate, connect and grow Hoosier businesses in the international marketplace.
MoreHillenbrand diversifies by growing whole new business
January 26, 2013
Kathleen McLaughlinCasket company turns heads with aggressive foray into equipment manufacturing.
MoreLilly agrees to pay $29.4M to settle SEC bribery charges
December 20, 2012
J.K. WallAccording to a statement released by the SEC, Eli Lilly paid $6.5 million—and in some cases gave jewelry and spa treatments—to
win government contracts in Brazil, China, Russia and Poland.
MoreLilly notifies Canada about NAFTA complaint on Strattera patent
December 6, 2012
Bloomberg NewsEli Lilly and Co. notified Canada it plans to file a trade complaint, claiming court decisions invalidating one of the company’s
patents breach international obligations.
MoreLilly chief says China too slow in approving new drugs
November 28, 2012
Bloomberg NewsChina takes eight years longer on average to approve drugs than other major countries, and U.S. drugmakers are looking at
ways to help speed things up, Eli Lilly and Co. CEO John Lechleiter said.
MoreU.S. colleges look to foreign students to help bottom line
November 12, 2012
Associated PressNew figures show international enrollment at U.S. colleges and universities grew nearly 6 percent last year, driven by a 23-percent
increase from China. Growth is even higher at Midwest schools like Indiana University and Purdue.
MoreSteak n Shake opening in United Arab Emirates
October 9, 2012
The Indianapolis-based restaurant chain struck a deal to open 40 locations starting next year in the Middle Eastern country,
its first venture outside the United States.
MoreU.S. Department of Commerce recognizes Indianapolis exporter
September 29, 2012
IBJ StaffHoosier Gasket Corp. received the Export Achievement Award for its recent success in Eastern Europe and China.
MoreCummins cools off, but Seymour expansion still in works
August 18, 2012
Dan HumanCummins 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.
MoreIndiana University planning global studies school
August 17, 2012
Associated PressIndiana University is planning a School of Global and International Studies in an effort to draw more attention to its international
programs.
MoreLilly braces for decline in Europe
July 30, 2012
J.K. WallAusterity and upheaval in Europe have not hurt Eli Lilly and Co.’s $4 billion-a-year drug business there, but the company
is moving forward with plans to survive a coming swoon anyway.
MoreChinese business advisers set to scout Indiana sites
July 24, 2012
IBJ StaffA group of 20 advisers to Chinese businesses looking to expand in the United States plan to visit several Indiana sites starting
Wednesday.
MoreIndiana city sees many high-skilled immigrants
July 19, 2012
Associated PressCompanies based in a central Indiana city are hiring a greater percentage of people with visas for high-skilled foreign workers
than any place in the U.S. other than California's Silicon Valley, according to a new study.
MoreAbound failure raises questions anew about Obama policies
June 29, 2012
Bloomberg NewsThe failure of a second solar manufacturer that received loan guarantees from the U.S. Energy Department adds to pressure
on President Barack Obama to justify incentives for the clean-energy industry that’s being undercut by Chinese competition.
MoreLt. Gov. Skillman leads trade mission to China
June 11, 2012
Associated PressIndiana Lt. Governor Becky Skillman has embarked on her second trade mission to China in hopes of boosting the market for
Indiana-made goods.
MoreU.S. losing drug-research jobs to other countries
May 17, 2012
Bloomberg NewsEli Lilly and other big pharmaceutical companies are creating thousands of research jobs overseas as countries led by Singapore,
Ireland and South Africa boost incentives.
MorePromised tariff cuts could spur Indiana exports to China
March 29, 2012
Chris O'MalleyIndiana 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.
MoreLilly to focus on cancer, diabetes in China, CEO says
March 20, 2012
Bloomberg NewsIndianapolis-based Eli Lilly and Co. will introduce “over a dozen” new products in China in the next five years,
focusing on “unmet needs” such as cancer and diabetes, CEO John Lechleiter said this week.
MoreLilly plans 200 jobs at new $440M Ireland plant
February 27, 2012
IBJ Staff and Bloomberg NewsEli Lilly and Co. plans to invest about $440 million in a new pharmaceutical plant at an existing company site in County Cork
in southern Ireland. The facility in Kinsale will require as many as 200 skilled employees when fully operational.
MoreLocal manufacturer tapped for trade mission to Russia
February 9, 2012
Kathleen McLaughlinHoosier Gasket Corp. hopes to land more business in Russia, where a growing middle class and new financing options are fueling
the automotive market.
MoreIndiana deals ranged upward of $800 million
January 21, 2012
Mergers and acquisitions in 2011 ranged from WellPoint's acquisition of CareMore to a trucking company merger.
MoreSoftware executive teaching intercontinental collaboration
January 14, 2012
Chris O'MalleyWeary of having to teach new hires how to work on teams with people halfway around the globe,
ocal software development firm CEO Chris Riester has begun teaching a college class that gives students international experience
at home.
MoreIs China headed for 'soft-landing slowdown'
December 17, 2011
Kathleen McLaughlinAn 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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"And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.
No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.
Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.
Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html
This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.