Manufacturers

Ambulance 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.
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Humvee maker cutting 300 jobs at Indiana factory

January 17, 2011
Associated Press
AM General plans to lay off 300 workers from the Mishawaka factory that makes Humvees for the military.
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Hurco 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.
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Kokomo 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.
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Rolls-Royce scores $49M military contract

December 28, 2010
 IBJ Staff
Rolls-Royce Corp.’s Indianapolis operation is finishing the year out the way it started—racking up lucrative military deals.
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State's big polluters spewed less last year

December 27, 2010
 IBJ Staff
EPA 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.
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Rolls-Royce, Raytheon win $154M in military contracts

December 23, 2010
 IBJ Staff
A pair of Indianapolis military contractors scored new government deals worth a combined $154.4 million, the Department of Defense announced late Wednesday.
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Rolls-Royce scores more military business

December 17, 2010
 IBJ Staff
Rolls-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.
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First vehicles roll out of Indiana electric-car plant

December 16, 2010
Associated Press
Fifteen 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.
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Abound Solar completes financing for Tipton plant

December 15, 2010
 IBJ Staff and Bloomberg News
Company 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.
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Hillenbrand wins ban of knockoff coffins from Mexico

December 14, 2010
Bloomberg News
The 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.
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GM considering Fort Wayne plant for $230M upgrade

December 14, 2010
Associated Press
General Motors is considering $230 million in upgrades to its truck assembly plant near Fort Wayne.
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Military contracts add up for Raytheon

December 9, 2010
 IBJ Staff
Raytheon 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.
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Whistleblower suit cites Rolls-Royce engine flaws

December 8, 2010
 IBJ Staff and Associated Press
Rolls-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.
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Cummins to build $70 million plant in Turkey

December 8, 2010
Bloomberg News
The company expects to employ more than 800 workers at the plant within five years, producing filters and generators for motor vehicles.
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Solar panel maker plans up to 240 jobs in Columbus

December 8, 2010
Associated Press
A 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.
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Carmel-based wind-gear maker plans Marion plant

December 7, 2010
 IBJ Staff
Vela 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.
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Think car sales benefit battery-maker EnerDelRestricted Content

December 4, 2010
 IBJ Staff
Indianapolis-based EnerDel is the main battery supplier for Think’s two-seat City.
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Factory orders sink for first time since June

December 3, 2010
Associated Press
Factory 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.
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Local GM stamping plant layoffs to begin next month

December 2, 2010
 IBJ Staff
It’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.
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Electronics 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.
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Organic food company with big plans cutting jobs

November 30, 2010
Associated Press
Really 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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$26.8M military deal revs local Rolls-Royce operation

November 30, 2010
 IBJ Staff
Rolls-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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Celebrity TV ads tout Allison Transmission

November 27, 2010
 IBJ Staff
A Chevrolet campaign could make the Speedway-based manufacturer more of a household name.
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SKARBECK: GM's return to market not your usual IPORestricted Content

November 27, 2010
Ken Skarbeck
This unusual taxpayer-owned IPO did create some interesting conflicts.
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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