Manufacturers

EnerDel hires first post-bankruptcy chief executive

June 4, 2012
Kathleen McLaughlin
David Roberts, the company's intellectual property lawyer since January 2011, is the new CEO. Richard Quirin, who was chief financial officer at IMMI, a seatbelt maker based in Westfield, is the new CFO.
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Local company part of $470 million paper mill deal

June 4, 2012
 IBJ Staff and Associated Press
Indianapolis-based holding company Schwarz Partners LP has formed a joint venture with The Kraft Group LLC to buy two major paper mills from industry giant International Paper Co. The mills are part of a three-mill sale worth $470 million.
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Really Cool Foods plant on auction block

June 1, 2012
Scott Olson
Really Cool Foods closed the 78,000-square-foot facility in November and is searching for a buyer to help repay creditors. One potential suitor is Sugar Creek Packing Co. of Ohio, which has offered $13 million, according to a bankruptcy filing.
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State's chilly recycling climate means higher costs for container makersRestricted Content

May 19, 2012
Chris O'Malley
Some manufacturers favor legislation that would encourage consumers to return their empties.
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Cummins hires ex-Indianapolis mayoral candidate

May 16, 2012
Melina Kennedy has joined the diesel engine maker's corporate communications team and will be responsible for executive communications, research and speechwriting for CEO Tom Linebarger.
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Klipsch helps parent firm double cash flow

May 15, 2012
J.K. Wall
Indianapolis-based speaker maker now owned by Voxx International posted year-end sales of $169.5 million, which appeared to be flat compared with prior periods.
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University Loft adding jobs as it recovers from credit crunch, probeRestricted Content

May 12, 2012
Hayleigh Colombo
Nearly two years after federal agents raided furniture maker University Loft Co.’s Hancock County plant, the once-fast-growing firm is seeing business bounce back.
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Oil refiner Calumet unleashes $150M stock offeringRestricted Content

May 12, 2012
Kathleen McLaughlin
With its shares trading up more than 60 percent from the doldrums of last fall, Calumet Specialty Products Partners rolled out plans to sell another 6 million shares of stock, raising more than $150 million.
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Indianapolis margarine plant planning $44 million upgrade

May 11, 2012
 IBJ Staff
ConAgra Packaged Foods LLC is seeking city tax incentives as part of a $44 million plan to upgrade its plant on the northwest side of Indianapolis and retain 392 workers.
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Remy International reports smaller first-quarter profit

May 10, 2012
 IBJ Staff
Remy International Inc. saw its sales fall slightly and profit plummet in the first quarter as it paid down debt, invested in hybrid motor development and coped with a weak European market.
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Hostess says jobs of 856 Indiana workers in danger

May 9, 2012
Scott Olson
The Irving, Tex.-based company said the job cuts could occur in July if it does not find a buyer or emerge from bankruptcy. About 340 workers would be affected at five Indianapolis plants.
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Fast-food clients fueling furniture-maker's growthRestricted Content

May 5, 2012
Kathleen McLaughlin
Facility Concepts’ can-do attitude has cemented the loyalty of clients like Southern Bells—one of the largest Taco Bell franchises in the country—and propelled it from startup consultancy in 2004 to full-fledged manufacturer.
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Seymour packaging plant with 111 workers to close

May 3, 2012
 IBJ Staff
Exopack LLC plans to close its Seymour facility and terminate 111 employees by July 1, the company said Wednesday in a notice to the state.
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Calumet Specialty’s revenue, profit soar in first quarter

May 2, 2012
The company's improved performance over the same period last year was mostly due to a 150-percent increase in sales volume from its acquisition of a Wisconsin refinery in September.
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Production on Rolls-Royce LiftSystem picks up steam

May 1, 2012
Kathleen McLaughlin
Rolls-Royce Corp. said Tuesday that its landed a $315 million contract from Pratt & Whitney for its LiftSystem, which enables short takeoffs and vertical landings by the U.S. Marine Corps’ F-35B aircraft.
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North American growth propels Cummins' profit

May 1, 2012
Kathleen McLaughlin
Cummins Inc.'s profit jumped 33 percent in the first quarter due to strong demand for its engines in the North American market, the Columbus-based manufacturer said Tuesday morning.
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Illinois furniture manufacturer moving to Indiana

April 24, 2012
 IBJ Staff
Chicago-based Selected Furniture LLC is planning to move its operations to Indiana, the manufacturer said Tuesday, creating up to 100 new jobs by 2014.
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Old Richmond bus plant eyed as manufacturing hub

April 24, 2012
Associated Press
A Richmond businessman has big plans for the former Carpenter bus plant and property that sits along Interstate 70 on Richmond's far northwest side.
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Cummins plans $219 million expansion at Seymour plant

April 24, 2012
The Columbus-based manufacturer of diesel engines said it will add 290 jobs in Seymour as part of a major expansion that will include new warehouses, additional engineering, production and testing facilities, and a new office building.
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Allison earnings rise on surging sales

April 24, 2012
Kathleen McLaughlin
Allison Transmission Holdings Inc. saw profits rise 57 percent, to $58 million, in the first quarter, the Indianapolis-based manufacturer announced Monday. The earnings announcement was Allison’s first since it went public in March.
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Indiana auto-parts maker plans to add 120 jobs

April 23, 2012
ThyssenKrupp Presta Terre Haute LLC plans to spend $22 million to add three assembly lines and expand its manufacturing facility in Vigo County by nearly 70,000 square feet.
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Rolls Royce locks in work on key military programRestricted Content

April 14, 2012
The British engine maker received a $151 million contract to continue making engines for the V-22 Osprey.
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SMC plans $19M Noblesville expansion, 163 jobs

April 10, 2012
 IBJ Staff
SMC Corp. of America plans to spend $19 million to expand its North American headquarters in Noblesville, making room for an additional 163 employees by 2017, the company announced Tuesday.
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Cummins lures job candidates with virtual tour appRestricted Content

March 31, 2012
The idea is to send middle and high school students the message that there are plenty of jobs in engineering.
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Promised tariff cuts could spur Indiana exports to China

March 29, 2012
Chris O'Malley
Indiana 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.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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