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Manufacturers
Cummins sells exhaust business to Global Tube
January 25, 2011
Associated PressCummins Inc. will sell its exhaust business, which includes several plants in Wisconsin, to Global Tube, a portfolio company
of the Chicago-based private equity firm Wind Point Partners.
MoreRemy International considering stock offering, CEO says
January 24, 2011
Bloomberg NewsPendleton-based Remy International Inc., the former General Motors Co. unit that exited bankruptcy in 2007, is considering
a public offering of its stock this year, CEO John Weber says.
MoreUptick in M&A activity suggests a turnaround
January 22, 2011
Scott OlsonFourth quarter helps to bolster 2010 deal-making.
MoreAmbulance manufacturing plant in northern Indiana closing
January 17, 2011
Medtec Ambulance Corp. has notified state officials it will close its plant in Goshen on March 31 as part of a reorganization
that will move operations to Bradenton, Fla., costing 150 workers their jobs.
MoreHumvee maker cutting 300 jobs at Indiana factory
January 17, 2011
Associated PressAM General plans to lay off 300 workers from the Mishawaka factory that makes Humvees for the military.
MoreHurco reports fourth quarter, annual losses
January 12, 2011
Indianapolis-based machine tool maker lost $1.1 million in the fourth quarter and $5.7 million in fiscal 2010.
MoreKokomo plant closure affects 75 workers
January 10, 2011
Kansas City-based Milbank Manufacturing Co. said it will close its Howard County plant sometime between March 8 and March
22. Milbank makes electric meter sockets.
MoreRolls-Royce scores $49M military contract
December 28, 2010
IBJ StaffRolls-Royce Corp.’s Indianapolis operation is finishing the year out the way it started—racking up lucrative military
deals.
MoreState's big polluters spewed less last year
December 27, 2010
IBJ StaffEPA data show an 18 percent decrease in toxic emissions among big manufacturers and electric utilities, but it's unclear to
what degree better practices—or the slow economy—had on declining levels.
MoreRolls-Royce, Raytheon win $154M in military contracts
December 23, 2010
IBJ StaffA pair of Indianapolis military contractors scored new government deals worth a combined $154.4 million, the Department of
Defense announced late Wednesday.
MoreRolls-Royce scores more military business
December 17, 2010
IBJ StaffRolls-Royce Corp. landed more than $100 million in new business this week, winning two contracts to provide support for aircraft
engines it makes in Indianapolis for the U.S. Army and Navy.
MoreFirst vehicles roll out of Indiana electric-car plant
December 16, 2010
Associated PressFifteen cars rolled out of Think North America's Elkhart plant on Wednesday, bound for Indianapolis. The cars will be used
primarily by the state Department of Natural Resources.
MoreAbound Solar completes financing for Tipton plant
December 15, 2010
IBJ Staff and Bloomberg NewsCompany closes on a $400 million federal loan to help it take over the empty Getrag plant on U.S. 31 near Kokomo, where it
wants to hire as many as 1,000 workers. The plant was acquired for $25 million.
MoreHillenbrand wins ban of knockoff coffins from Mexico
December 14, 2010
Bloomberg NewsThe U.S. International Trade Commission said Monday that Ataudes Aguilares will be barred from bringing in caskets with attached
memorabilia compartments, which Batesville-based Hillenbrand has patented.
MoreGM considering Fort Wayne plant for $230M upgrade
December 14, 2010
Associated PressGeneral Motors is considering $230 million in upgrades to its truck assembly plant near Fort Wayne.
MoreMilitary contracts add up for Raytheon
December 9, 2010
IBJ StaffRaytheon Technical Services Co. in Indianapolis won a $31.1 million contract to provide cryptographic services for the U.S.
Air Force, Army and Navy, the Department of Defense announced Wednesday.
MoreWhistleblower suit cites Rolls-Royce engine flaws
December 8, 2010
IBJ Staff and Associated PressRolls-Royce Corp. concealed repeated defects at an aircraft engine plant in Indianapolis and fired a safety official for reporting
the problems, according to a lawsuit filed in federal court.
MoreCummins to build $70 million plant in Turkey
December 8, 2010
Bloomberg NewsThe company expects to employ more than 800 workers at the plant within five years, producing filters and generators for motor
vehicles.
MoreSolar panel maker plans up to 240 jobs in Columbus
December 8, 2010
Associated PressA Muncie-based startup company to spend nearly $9 million to start production at a Columbus industrial park. The plant will
make high-efficiency solar panels that are in growing demand around the world.
MoreCarmel-based wind-gear maker plans Marion plant
December 7, 2010
IBJ StaffVela Gear Systems LLC, a Carmel-based startup manufacturer of large-scale gears for wind-turbine assemblies, said it will
make a multimillion dollar investment to construct a 250,0000-square-foot plant in Marion, creating up to 163 jobs by 2013.
MoreThink car sales benefit battery-maker EnerDel
December 4, 2010
IBJ StaffIndianapolis-based EnerDel is the main battery supplier for Think’s two-seat City.
MoreFactory orders sink for first time since June
December 3, 2010
Associated PressFactory orders declined 0.9 percent in October, the Commerce Department reported Friday. It was the first setback since June
and the biggest decline since a 1.8-percent fall in May.
MoreLocal GM stamping plant layoffs to begin next month
December 2, 2010
IBJ StaffIt’s official: General Motors will begin shutting down its Indianapolis metal-stamping plant Jan. 28, with an initial
wave of layoffs that will cost 75 workers their jobs.
MoreElectronics maker buying former GM factory in Anderson
November 30, 2010
Northwind Electronics LLC will invest $954,000 to buy, renovate and equip a former General Motors factory in Anderson—creating
as many as 100 jobs in the next two years, state economic development officials said Tuesday afternoon.
MoreOrganic food company with big plans cutting jobs
November 30, 2010
Associated PressReally Cool Foods, which started operations in eastern Indiana two years ago with plans for hiring 1,000 workers, now has
about 200 after a round of layoffs this week.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.