International Business

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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Pence: Indiana a ‘destination of choice’ for Japanese firms

September 10, 2013
 The Statehouse File
Pence is on his first foreign trade mission as governor and spoke in Tokyo at the 45th Annual Joint Meeting of the Midwest U.S.-Japan Association and Japan-Midwest U.S. Association.
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Pence departing for trade mission to Japan

September 5, 2013
Associated Press
Pence plans to fly out of Indianapolis on Thursday morning and return in nine days. He'll make stops in Tokyo, Nagoya and Tochigi Prefecture.
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China bribery probe leading to tough drug market, CEO says

August 30, 2013
Bloomberg News
Drugmakers under investigation for bribery have stopped promoting products in China, and physicians in some hospitals no longer want to meet sales representatives. Eli Lilly is among the drugmakers in China facing allegations.
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Language Training Center plans expansion

August 22, 2013
 IBJ Staff
Indianapolis-based Language Training Center Inc. plans a $1.5 million expansion that will lead to the hiring of 26 more employees by 2017, the company announced Thursday.
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Lilly cites 'deep concerns' over China kickback allegations

August 22, 2013
Bloomberg News, Associated Press
Eli Lilly and Co. said it is investigating allegations its employees paid Chinese doctors at least $4.9 million in bribes and kickbacks to promote the sales of two diabetes drugs.
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