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Manufacturers
Report: Plug-in vehicles slow to spark interest in Indy
January 2, 2013
Dan HumanPlug-in electric vehicles, which are struggling to gain traction nationwide, have even less appeal in central Indiana than
they do in most areas of the country, a new study says.
MoreSensient settles over use of 'popcorn lung' chemical
December 26, 2012
Scott OlsonThe locally based flavor maker has agreed to reduce its usage of diacetyl, which had prompted fines from the state. The deal
significantly reduces the amount of the penalty—from $325,500 to $99,000.
MoreSlinky maker’s owner buys bankrupt Fundex for $1.7M
December 20, 2012
Scott OlsonPrivate equity firm Propel Equity Partners is acquiring Fundex following a court-ordered auction in which a surprise bidder
surfaced, driving up the price of the company.
MoreGM to buy back 200M shares as part of government exit
December 19, 2012
Associated PressThe Treasury plans to sell its remaining stake in General Motors over the next 15 months, allowing the automaker to shed the
stigma of being partly owned by the U.S. government.
MoreChrysler plans 400 more jobs, $212M expansion in Kokomo
December 17, 2012
Dan HumanChrysler Group LLC on Monday night said it was planning to spend as much $212 million on another expansion in Kokomo that
could add more than 400 jobs.
MoreStartup's stuffed toys help kids do good
December 15, 2012
Andrea Muirragui DavisIndianapolis-based Promise Monsters makes and sell plush toys that promote kindness through secret “missions”
kids are asked to complete.
MoreCarmel poised to gain HQ of new public company
December 14, 2012
Scott OlsonIngersoll-Rand PLC said it plans to spin off its commercial and residential security unit, which is headquartered in Carmel,
into a separate public company. The security division has $2 billion in annual revenue and 1,300 employees in the Indianapolis
area.
MoreRemy rises in first day of trading on NASDAQ exchange
December 13, 2012
Shares of the Pendleton-based company opened Thursday at $15.85 each and climbed to $16.50 by the end of the day. The stock
had previously been listed on the thinly traded pink sheets.
MoreCheerleading CEO to become chief at Herff Jones
December 11, 2012
Kathleen McLaughlinThe founder of a cheerleading-supply company will become the next CEO of Indianapolis-based Herff Jones Inc., one of the city's
largest private companies.
MoreSubaru still considering Indiana plant expansion
December 5, 2012
Bloomberg NewsFuji Heavy Industries Ltd.’s Subaru unit is studying whether to expand its Indiana auto-assembly plant as the Toyota
Motor Corp. affiliate seeks to boost U.S. output to curb currency losses and meet growing demand for its models.
MoreSlinky maker hoping to purchase bankrupt Fundex
December 4, 2012
Scott OlsonPlainfield-based Fundex Games Ltd., which filed for bankruptcy protection in September, said Poof-Slinky Inc. is the only
potential purchaser that has shown interest in acquiring the company's assets.
MoreAuto parts supplier expanding Indiana operations
November 30, 2012
Associated PressTenneco Inc. plans on spending $18.5 million to expand its northeastern Indiana operations after winning a contract to supply
emission-control parts to Chrysler. The manufacturer said it will hire an additional 100 workers.
MoreHonda gets a makeover, revamps Civic to fix flaws
November 29, 2012
Associated PressJust 19 months after its Civic compact, which is manufactured in Greensburg, hit showrooms and was slammed by critics, Honda
has revamped the car, giving it a sportier look and upgrading the interior.
MoreHostess, union unsuccessful in court-ordered mediation
November 20, 2012
Associated PressThe maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union.
As a result, Hostess plans to continue with a hearing on Wednesday in which a bankruptcy court judge will decide if the company
can close its operations.
MoreAllison negotiators extend contracts until next week
November 15, 2012
Dan HumanThe commercial transmission maker's existing contracts, which were set to expire at 11:59 p.m. Wednesday, will remain
in force until noon Nov. 21.
MoreHostess: Firm to liquidate unless workers return Thursday
November 14, 2012
Dan HumanThe maker of Wonder bread and Twinkies said it doesn't have the financial resources to survive the ongoing strike by the bakers'
union.
MoreTruck-parts supplier expanding in Plainfield, adding 82 jobs
November 13, 2012
Troy, Mich.-based Meritor Inc., a global supplier of commercial truck parts, said it will consolidate North American remanufacturing
operations by moving production from Ontario, Canada, to its facility in Hendricks County.
MoreAllison Transmission workers may strike this week
November 13, 2012
Dan HumanMembers of United Auto Workers Local 933, which represents roughly 1,500 hourly workers, could declare a strike if negotiators
do not reach an agreement with Allison Transmission by a Wednesday deadline.
MoreHostess mulling Indiana plant closures after walkout
November 12, 2012
IBJ Staff and Bloomberg NewsA Hostess spokesman said the company is debating whether it will close its Indiana plants after workers went on strike on
Friday. Hostess employs about 875 workers in Indiana, including 288 in Indianapolis.
MoreCalumet's sales, profit boom after acquisitions
October 31, 2012
IBJ StaffCalumet Specialty Products Partners LP’s profit more than doubled in the third quarter, helped by huge gains in the
fuel-products side of its business following several acquisitions.
MoreCummins posts lower quarterly profit, revenue
October 31, 2012
The Columbus-based manufacturer of diesel engines reported profit of $352 million, or $1.86 per share, compared with $452
million, or $2.35 per share, in the year-ago period.
MoreAllison lowers outlook after profit slides 17 percent
October 29, 2012
IBJ StaffAllison Transmission Holdings Inc.’s profit dropped 17 percent in the third quarter after sales slid 14 percent.
MoreContainer makers want to restore fizz to state's recycling fund
October 27, 2012
IBJ StaffThe money, long ago diverted by Gov. Daniels to the state's general fund, would help reduce landfill waste and lower manufacturing
costs.
MoreFiltration manufacturer moving from Fishers to Anderson
October 23, 2012
Associated PressHy-Pro Filtration plans a $10.5 million construction project for its new facility and will move more than 100 employees from
Fishers to Anderson next year.
MoreNavistar reaches engine deal with Cummins
October 22, 2012
Associated PressNavistar International Corp. said Monday that it reached long-term supply agreements that will allow the company to put Cummins
Inc. engines in some of its largest trucks, as well as use its emissions-reducing technology.
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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.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.