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Manufacturers
Meat distributor plans plant, 80 jobs in Hancock County
March 13, 2013
Chicago-based Peer Foods Group Inc., a meat producer and distributor, said Wednesday that it plans to create 80 jobs by 2014
as part of a $5.5 million expansion into Hancock County.
MoreNoblesville manufacturer plans move to Elwood, expansion
March 13, 2013
Kathleen McLaughlinWarner Bodies Inc., a 74-year-old Noblesville manufacturer with 50 employees, expects to add about 150 workers after moving
to Elwood.
MoreAuto parts plant closing in northeastern Indiana
March 11, 2013
Michigan-based Ficosa North America Corp. has notified state officials that 137 employees will lose their jobs when the plant
in Berne closes May 31.
MoreAllison adds hybrid systems for broader array of trucks and buses
March 9, 2013
Production of propulsion system for medium- and heavy-duty vehicles will begin later this year.
MoreHurco sees smaller profit on drop in sales
March 6, 2013
Dan HumanMachine-tool manufacturer Hurco Cos. Inc. saw earnings drop 51 percent in its latest fiscal quarter on falling revenue, the
Indianapolis-based company announced Wednesday.
MoreChrysler confirms state investment of $374 million
February 28, 2013
Dan HumanChrysler Group LLC plans to invest a total $374 million and add 1,250 jobs in Kokomo and Tipton, the company confirmed Thursday.
MoreIndiana auto parts supplier lays off 130 workers
February 25, 2013
Associated PressA Contech Castings spokesman said the company's Auburn plant laid off about half of its work force Friday after losing a contract
last week.
MoreUnion workers at Goshen's Cequent plant take severance deal
February 23, 2013
Associated PressThe trailer-hitch manufacturer plans to close the 450-employee plant and move operations to Mexico. Union workers voted Friday
to forego arbitration and accept a severance agreement that will pay the most senior employees $36,000.
MoreCummins lowers previously reported earnings
February 20, 2013
Dan HumanColumbus-based diesel engine manufacturer Cummins Inc. lowered its previously reported quarterly profit by $12 million, or
3.1 percent, after discovering legal fees that the company initially missed.
MoreAllison Transmission cuts 2013 sales outlook
February 19, 2013
Dan HumanAllison Transmission Inc. predicted 2013 sales declines after it closed 2012 with an inflated $514.2 million annual profit
and a massive slide in sales for a key market during the fourth quarter.
MoreRemy International reports $138M annual profit
February 19, 2013
Dan HumanA one-time tax benefit more than doubled Remy International Inc.’s annual profit to $138.6 million, the Pendleton-based
manufacturer reported late Monday.
MoreLilly to expand partnership with diagnostic firm
February 14, 2013
IBJ Staff and Associated PressDiagnostic products maker Qiagen NV said Wednesday that it will work with Eli Lilly and Co. to develop new tests that could
identify patients who could be helped by Lilly's drugs.
MoreFirm's Klipsch purchase hasn't rocked Wall Street
February 9, 2013
Dan HumanVoxx International Corp.’s $166 million buyout of Indianapolis-based speaker maker Klipsch Group two years ago so far
hasn’t generated the excitement on Wall Street that Voxx wants.
MoreCalumet jumps into $300 million refinery joint venture
February 7, 2013
Dan HumanCalumet Specialty Products Partners LP plans to build a $300 million diesel refinery in North Dakota as part of a joint venture
with energy company MDU Resources Group Inc., the firms announced after markets closed Thursday.
MoreCummins' earnings, revenue fall on weaker demand
February 6, 2013
IBJ StaffEngine maker Cummins Inc. saw profit sink 30 percent in the fourth quarter as demand for its products fell in both domestic
and international markets. Full-year profit and revenue also fell.
MoreRemy International CEO Weber stepping down
February 1, 2013
Dan HumanRemy International Inc. President and CEO John Weber will resign at the end of February after leading the company for seven
years, the Pendleton-based automotive supplier announced Friday.
MoreTool-maker Hurco makes headway after tough stretch
January 26, 2013
Dan HumanThe company, which develops computer-controlled equipment for cutting and forming metal, made progress in fiscal 2012 toward
restoring profitability to pre-recession levels.
MoreRolls-Royce cutting production jobs in Indy
January 25, 2013
Dan HumanRolls-Royce has offered buyouts and early retirement to 28 union production workers because of decreased product demand. The
company declined to say whether any non-union workers were being cut.
MoreLocal tooling manufacturer acquired by private-equity firm
January 21, 2013
Techniks Inc., a designer and distributor of industrial cutting tools, has been acquired by Tenex Capital Management. Tenex,
in turn, merged Techniks into another of its companies, Jasper-based Nap Gladu, to form a new holding company.
MoreTrafalgar company bringing reflective technology to consumer market
January 19, 2013
Chris O'MalleyHalo Coatings, founded in 2007, spent its early years licensing its proprietary reflective technology for powder-coating applications
to companies involved in highway infrastructure, such as guardrails. But it's now shifting its focus to the big players in
the apparel, medical and consumer-product fields.
MoreFishers auto supplier moving to Anderson
January 16, 2013
Keihin North America Inc. plans to relocate between 130 and 175 management, engineering and development jobs to the Flagship
Enterprise Center.
MoreSun King brewery lands tax breaks for expansion
January 16, 2013
Scott OlsonThe downtown brewery plans to spend $2.1 million on additional equipment and add 20 jobs by 2016 in exchange for a tax abatement
from the city.
MoreFoul odor spurs Oliver Winery hard-cider lawsuit
January 15, 2013
Scott OlsonThe Bloomington-based winery claims in a federal lawsuit that it was forced to recall its hard apple cider due to defective
cans provided by Ball Metal Beverage Container Corp.
MoreMuncie-based glass maker to be sold for $1.6B
January 14, 2013
Bloomberg NewsArdagh Group said it has agreed to buy Indiana-based glass bottle and jar manufacturer Verallia North America, which has about
4,400 employees at 13 manufacturing plants in the United States, including more than 650 workers in Indiana.
MoreAnalyst cuts Cummins rating, citing rise in shares
January 11, 2013
Associated PressAnalyst Stephen Volkmann lowered his rating on the engine maker's stock to "Hold" from "Buy," noting
that the shares have risen 30 percent from their October lows and are now just 10 percent below all-time highs.
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RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.
Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?
Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.