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Manufacturers
Firestone launches test lab in Fishers
May 7, 2011
IBJ StaffFacility is meant to appeal to heavy-truck makers, other manufacturers.
MoreMedical device manufacturer seeks abatement
May 5, 2011
Indianapolis-based Medivative Technologies plans to build a 9,000-square-foot addition to its east-side facility and spend
$2.5 million to equip it. The expansion should create 15 jobs.
MoreHouse panel moves to revive alternate jet engine
May 4, 2011
Associated PressA U.S. House panel on Wednesday took a step toward reviving the alternate engine for the next-generation F-35 fighter plane
that the Indianapolis operations of Rolls-Royce Corp. had been working on until a month ago.
MoreCalumet turns profit on higher product demand
May 4, 2011
The Indianapolis-based company reported first-quarter profit of $4.2 million after posting a loss in the year-ago period.
MoreHonda to cut production of new Civic, other models
May 2, 2011
Associated PressHonda Motor Co. warned U.S. dealers Monday that it will run short of popular models such as the Civic compact later this summer
because of parts shortages caused by Japan's earthquake.
MoreDelta unit Brizo partners with fashion designer Jason Wu
April 30, 2011
IBJ StaffLuxury faucet brand and designer started working together in 2006.
MoreRolls-Royce, union strike deal as competition looms
April 27, 2011
Kathleen McLaughlinCompetition from a new, state-of-the-art Rolls-Royce factory in Virginia drove contract talks in Indianapolis between the
company and a union representing 1,700 of its workers here.
MoreThink hopes to boost sales through Indiana rebate
April 27, 2011
Kathleen McLaughlinElectric car maker Think hopes to kick-start sluggish sales through a rebate program available only to Indiana residents.
MoreCummins' profit more than doubles in first quarter
April 26, 2011
The Columbus, Ind.-based engine maker reported first-quarter profit of $343 million amid continued strength in key international
markets and a recovery in the North American truck market.
MorePentagon pulls plug on Rolls-Royce engine project
April 26, 2011
IBJ Staff and Associated PressCongress and the General Electric/Rolls-Royce group that was developing the engine were notified of the termination decision
Monday. Rolls-Royce had about 130 people, mostly engineers, working on the F-35 project in Plainfield and Indianapolis.
MoreNavistar recalling workers at Indianapolis plant
April 20, 2011
Associated PressNavistar has recalled 120 workers who were laid off when Indianapolis Casting Corp. stopped production at the facility in
late 2010 and plans to recall 30 more of those workers by June.
MoreAllison to add 200-plus jobs over next two years
April 19, 2011
IBJ StaffAllison Transmission plans to invest $89 million to grow its headquarters and manufacturing operations, creating as many as
205 jobs by 2013.
MoreFederal budget could create headaches for Rolls-Royce
April 15, 2011
Kathleen McLaughlinThe federal budget crunch already has halted work on a second engine for the F-35 Joint Strike Fighter being developed by
General Electric and Rolls-Royce—putting thousands of jobs in jeopardy—and it's not the only aerospace program
facing an uncertain future.
MoreCalumet Specialty hopes to raise $375M to pay off debt
April 12, 2011
Kathleen McLaughlinIndianapolis oil-refiner Calumet Specialty Products Partners LP intends to sell $375 million in senior notes to pay off existing
debt.
MoreHerff Jones sells photography division
April 11, 2011
Kathleen McLaughlinIndianapolis-based class ring and yearbook maker Herff Jones will sell its photography division to Lifetouch Inc., the company
announced Monday.
MoreCummins Inc. plans to add 2,500 new jobs in U.S.
April 5, 2011
Associated PressThe Columbus-based engine manufacturer says it is hiring across the board to meet strong demand worldwide and in anticipation
of an economic recovery.
MoreObama set to visit Speedway manufacturer
April 4, 2011
President Barack Obama plans to make a trip to Indianapolis on Friday to visit Speedway-based manufacturer Allison Transmission
Inc., the company confirmed Monday afternoon.
MoreIndiana manufacturing sector clawing its way back
April 2, 2011
Scott OlsonFactories are adding jobs, but returning to pre-recession levels will be a long slog.
MoreTrucking industry upswing may draw investors to Allison IPO
April 2, 2011
Kathleen McLaughlinAllison Transmission is not a household name like Google or General Motors, but it won’t lack an audience for its planned
$750 million initial public offering.
MoreSecond whistleblower joins suit against Rolls-Royce
March 31, 2011
Associated PressA second person has joined a lawsuit alleging Rolls-Royce Corp. concealed repeated defects at an Indianapolis aircraft engine
plant and fired workers for reporting problems.
MoreRemy International files plans for public offering
March 28, 2011
Associated PressPendleton-based manufacturer Remy International Inc., the former General Motors Co. unit that exited bankruptcy in 2007, has
filed plans to raise up to $100 million through an initial public stock offering.
MoreAs Japan shutdowns drag on, auto crisis worsens
March 27, 2011
Associated PressIn the weeks ahead, car buyers will have difficulty finding the model they want in certain colors, thousands of auto plant
workers will likely be told to stay home, and companies such as Toyota, Honda and others will lose billions of dollars in
revenue.
MoreHigh-end home audio gear will be made in Indiana
March 26, 2011
Kathleen McLaughlinA team of former Klipsch Group engineers has spent the two years trying to infuse high-end home audio equipment with the all-in-one
sophistication of a smartphone.
MoreSluggish demand for electric car forces layoffs at Ener1
March 25, 2011
Kathleen McLaughlinBattery maker Ener1 has laid off about 3 percent of its 770 employees worldwide, partly because of lower-than-expected demand
from the Think electric car being assembled in Elkhart. It had about 380 workers in central Indiana.
MorePentagon issues 90-day stop-work order on GE-Rolls engine
March 24, 2011
Bloomberg NewsThe U.S. Defense Department on Thursday directed General Electric Co. and Rolls-Royce Group Plc to halt work on a second engine
for the F-35 Joint Strike Fighter until there is more explicit direction in the fiscal 2012 budget.
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In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.
I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?
Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.