November 30, 2010
IBJ StaffRolls-Royce Corp.’s Indianapolis operations continue to cash in on military contracts, scoring a $26.8 million deal
to provide 12 spare engines for the Osprey tilt-rotor aircraft.
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November 27, 2010
IBJ StaffA Chevrolet campaign could make the Speedway-based manufacturer more of a household name.
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November 27, 2010
Ken SkarbeckThis unusual taxpayer-owned IPO did create some interesting conflicts.
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November 24, 2010
Associated PressThe setback was the sharpest decline since demand fell 8 percent in January 2009. The unexpectedly sharp decrease raises questions
about the strength of manufacturing.
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November 23, 2010
IBJ StaffRolls-Royce Corp.'s local operation won a $20.3 million contract extension to provide maintenance services for the helicopter
engines it makes for the U.S. military, the Department of Defense said Monday.
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November 21, 2010
Bloomberg NewsAn expected push to refresh the oldest North American commercial trucking fleet in at least 31 years should boost sales at
partsmakers like Columbus-based Cummins Inc.
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November 18, 2010
IBJ StaffMore than 200 workers will lose their jobs when packaging materials maker Printpack Inc. will close its Greensburg plant early
next year, the company said in a notice filed this week with the state Department of Workforce Development.
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November 16, 2010
IBJ StaffMultimatic Inc. plans to expand its northeast Indiana production operation, adding new assembly lines as it aims to create
over 200 jobs by 2013—more than tripling employment there.
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November 4, 2010
IBJ StaffNexus Valve Inc. plans to invest $2.3 million to expand its headquarters and distribution operations, adding up to 21 jobs
by 2015.
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November 3, 2010
The Metropolitan Development Commission is expected Wednesday afternoon to approve Heritage-Crystal Clean Inc.'s plan to build
its first used oil re-refinery, on West 10th Street. The project is estimated to cost $40 million and should create 55 jobs
by 2013.
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November 2, 2010
Fort Recovery Industries Inc., an Ohio-based aluminum and zinc die cast hardware manufacturer, said it plans to create the
jobs by locating a manufacturing plant in the northeastern Indiana city.
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October 30, 2010
IBJ StaffMasco Corp., based in Taylor, Mich., reported a third quarter loss, but its plumbing division eked out a gain.
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October 29, 2010
IBJ StaffAlabama-based Progress Rail Services, a subsidiary of Caterpillar Inc., said it plans to invest about $50 million to open
the first locomotive manufacturing and assembly plant in the United States in many years.
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October 29, 2010
IBJ StaffAutomotive Components Holdings, which makes hydraulic steering systems for Ford Motor Co., notified the state this week that
it plans to permanently lay off 26 employees during the first two weeks of 2011.
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October 26, 2010
IBJ Staff and Associated PressCummins Inc. reported $283 million in third quarter profit, a three-fold increase from the year-ago period, but the performance
missed analyst expectations.
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October 25, 2010
IBJ StaffRaytheon Technical Services Co. in Indianapolis won a $47 million deal to make infrared systems for U.S. Army armored vehicles,
continuing a string of sizable military contracts it has scored this year.
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October 20, 2010
Conforce International Inc., a manufacturer of composite flooring systems for the transportation industry, plans to invest
more than $13.8 million to purchase and equip a plant in Peru, which would be the company's first location in the United States.
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October 19, 2010
The Fort Wayne-based steelmaker reported profit of $19 million, or 9 cents per share, compared with $69 million, or 30 cents
per share, in the same period last year.
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October 18, 2010
General Electric announced Monday morning that it plans to invest $161 million at its Bloomington refrigerator plant, creating
up to 200 jobs by 2014. The plant, which was once slated for closure, now has more than 500 employees.
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October 1, 2010
Andrea Muirragui DavisConnecticut-based Stanley Black & Decker Inc. plans to combine two of its manufacturing operations at a new facility in
Greenfield, transferring about 100 workers from Shelbyville and adding as many as 80 jobs in the next two years.
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October 1, 2010
New Jersey-based Munire Furniture says it will locate its U.S. manufacturing headquarters in Gas City, with plans to create
as many as 100 jobs by the end of the year and as many as 350 by 2013.
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September 27, 2010
Kathleen McLaughlinUnion employees at General Motors' Indianapolis metal-stamping plant have overwhelmingly rejected a proposed pay cut that
would have kept the facility open.
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September 27, 2010
IBJ StaffRaytheon Technical Services Co. in Indianapolis has scored a $42 million contract to make forward-looking infrared sensors
for the U.S. Air Force’s HH-60G helicopter, the Department of Defense said late last week.
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September 24, 2010
Associated PressThe overall demand for durable goods fell 1.3 percent in August, the Commerce Department said Friday. But that was pulled
down by a significant drop in orders for aircraft.
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September 23, 2010
Kathleen McLaughlinNew York-based Ener1 didn't disclose how it will use the funds coming from Ener1 Group Inc., a company led by Russian
industrialist Boris Zingarevich.
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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.