Manufacturers
Local 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.
MoreRolls-Royce's profits in line with expectations
February 9, 2012
IBJ Staff and Bloomberg NewsRolls-Royce Holdings Plc, the world’s second-largest aircraft-engine maker, said profit rose in line with estimates,
buoyed by a backlog of orders from Boeing Co. and Airbus SAS.
MoreToyota plans to add 400 jobs in southwest Indiana
February 8, 2012
IBJ Staff and Bloomberg NewsToyota Motor Corp. said Wednesday afternoon it would add 400 jobs in Princeton after consolidating production of its Highlander
mid-size SUV.
MoreManufacturing plant closing in northwest Indiana
February 6, 2012
Newnan, Ga.-based Bon L. Manufacturing Co. is set to close its facility in Kentland by mid-June, throwing 146 employees out
of work.
MoreCummins posts record results for quarter, 2011
February 2, 2012
Kathleen McLaughlinColumbus-based diesel engine maker Cummins Inc. reported record results for 2011, earning $1.85 billion on revenue of $18
billion.
MoreLotion maker relocating operations to Indianapolis
January 27, 2012
Scott OlsonIndianapolis-based New Sunshine, which is owned by a group led by former Conseco Inc. CEO Stephen Hilbert, said it will add
180 jobs by moving a manufacturing facility from Tempe, Ariz.
MoreFrench breast-implant recall could sway U.S. device debate
January 19, 2012
Bloomberg NewsU.S. medical device makers have spent the last year urging government officials to approve high-risk products faster, like
their European counterparts. A scandal over leaking breast implants made in France, however, may make the argument more difficult.
MoreCalumet Specialty Products buys synthetic lubricant business
January 14, 2012
IBJ StaffThe purchase included 22 acres of land and a factory in Louisiana, Mo.
MoreHurco reports fourth straight quarterly profit
January 13, 2012
Strong sales in North America and Europe helped the Indianapolis-based machine-tool maker.
MoreEx-Peterbilt dealer hauls trailer manufacturer to court
January 10, 2012
Chris O'MalleyA longtime Indianapolis-based Peterbilt dealer is suing California-based Utility Trailer Manufacturing Co. for allegedly blocking
the sale of the dealership’s trailer sales arm.
MoreKlipsch pushes up earnings for parent company
January 9, 2012
Kathleen McLaughlinKlipsch Group parent company Voxx International Corp. said its earnings nearly doubled in its fiscal third quarter, thanks
in part to the Indianapolis-based speaker maker it acquired last year.
MoreGreat-grandson of LDI's founder prepares to take reins
January 7, 2012
Kathleen McLaughlinIn a world that likes to see businesses grow by leaps and bounds, LDI Ltd. is a tortoise. The family-owned holding company
typically hangs onto firms in its portfolio for 15 years or more. It might take more than two years to zero in on an acquisition
target. And it’s putting its next CEO, J.A. Lacy, through a year-long apprenticeship.
MoreBoone County officials ‘surprised’ by ASI closing
January 5, 2012
Scott OlsonASI Limited informed an estimated 250 employees by letter that the company was no longer profitable. The manufacturer's high-profile
projects include Lucas Oil Stadium and the JW Marriott hotel.
MoreTurkey processor to hire up to 600 for new Vincennes plant
December 22, 2011
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
MoreHonda reworking Civic in plan to boost sales
December 21, 2011
Bloomberg NewsHonda Motor Co. is sprucing up its Indiana-made Civic sedan, which received poor ratings, after less than a year on the market
as part of a plan to boost U.S. sales by 24 percent in 2012 for its namesake brand.
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.
MoreHonda has high hopes for new Acura model made in Indiana
December 12, 2011
Bloomberg NewsHonda Motor Co., seeking to revive its Acura luxury brand, is introducing a sedan intended for younger buyers unable to afford
higher-end autos.
MoreRolls-Royce tax-incentives deal set for hearing
December 5, 2011
Cory SchoutenA plan to offer a 10-year tax abatement worth $23 million for Rolls-Royce Corp. to redevelop two plants on the west side and
move thousands of office workers into downtown's Faris campus is scheduled for an initial hearing Wednesday.
MoreEast-side Reebok plant flourishes despite NFL contract loss
December 3, 2011
Anthony SchoettleThe Reebok-Adidas plant on Indianapolis' east side, faced with losing an estimated 60 percent of its business when its National
Football League contract expires early next year, has done what no one would expect: Add employees.
MoreFood company closing in Indiana has unpaid bills
December 1, 2011
Associated PressAn organic food company that is closing its eastern Indiana preparation center was offered up to $3.5 million in state tax
credits to open its plant, but it owes more than $31,000 in property taxes and sewer bills.
MoreRV industry on slow road to recovery in 2011
November 29, 2011
Associated PressThe recession-dented RV industry pointed Tuesday to modest gains atop last year's turnaround performance as another sign
that the sector is on a slow road to recovery.
MoreOrganic food company closes in Cambridge City
November 28, 2011
Really Cool Foods, which once planned to have 1,000 workers in eastern Indiana, ceased operations Monday, costing 131 employees
their jobs.
MoreInternational Paper extending layoff of 87 workers
November 28, 2011
Employees at the company's Sherwood Packaging plant in Indianapolis expected to return to work in January but now won't return
until "well into the second quarter."
MoreHonda's U.S. plants to resume normal output
November 28, 2011
Bloomberg NewsHonda Motor Co. said six plants in the U.S. and Canada will reach normal production levels on Dec. 1 after having to adjust
output this month because of floods in Thailand.
MoreCummins expanding R&D in South Carolina office
November 26, 2011
IBJ StaffThe manufacturer will invest $24 million over three years.
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Members must realize if you stop paying your dues you will lose. Why else would your employer honor the rtw bill. Before you take this step think about what you may be giving up in the long run. Very little of your dues money goes to any dem candidate. YOu will never know how much your republican employer gives his party with money he could be paying the employee. Who will step up and demand better wages or benefits if you have no representation. Union is the way for a better life. Our carpenter union offers a 4 year apprenticeship and 2 year degree from Ivy Tech all paid for with union dues . This is a great opportunity for kids who cant afford schooling after high school. The same opportunity is there for any person,any age, either sex to provide a better living for their family. Pension, anuity, health insurance all for your dues. How is this a bad choice.
The FDIC is funded by assessments paid by banks, not taxpayers. That is not to say that bank customers don't ultimately pay the cost because, in the end, banks don't survive if they don't make profits.
SCB Bank's failure is expected to cost the government $33.9 million,dont you mean middle class another bailout our government has no money
Diogenes, the company did not call "pro-life" statements inflammatory. The IBJ article used the words "pro life."
All, the company did, is what it should do which is apologize profusely for offending people with a program that offered statements that support an infamous apartheid proponent, Dr. Verwoerd, suggest that sometimes rape is justified, and quote Biblical text to people, not looking for it.
If this is what you think is "insanity" then more companies need to behave insanely.
I totally disagree with $45mil being given to the state Attorney General's office. That money is a waste. All of the money should go to help the homeowners & the people who were foreclosed on. Why such a big percentage to state govt? They'll get to start another agency staffed with people who have new-found power & don't care about the people they serve. As soon as the program was announced, I knew the states would end up with a huge chunk of the money for themselves that would just be squandered. Or maybe Mitch Daniels will just happen to "find" another big chunk of money that was "posted in the wrong section of the state's books."