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Manufacturers
New emissions standards drive up Cummins profit
February 2, 2010
Kathleen McLaughlinColumbus-based diesel engine maker Cummins Inc. posted its most profitable fourth quarter in company history, thanks to a
rush on engines that won't have to conform to new emission standards.
MoreHaynes pays CEO almost twice as much as predecessor
January 29, 2010
Peter SchnitzlerCEO Mark Comerford's $1.46 million in total compensation in fiscal 2009 was nearly double Francis Petro's pay the previous
year—even though the company's revenue dropped 31 percent in the same period.
MoreBicycle-components manufacturer adding 105 jobs
January 27, 2010
Zipp Speed Weaponry said it will create 105 jobs by 2013 and invest $12.4 million in a new manufacturing plant in Indianapolis
to make its high-end bicycle components.
MoreSteep sales decline forces Hurco to slash executive pay
January 27, 2010
Peter SchnitzlerIndianapolis-based machine toolmaker's CEO takes 63-percent compensation cut.
MoreTwo companies set to make major local expansions
January 27, 2010
Express Scripts Inc. on the west side of Indianapolis and Zipp Speed Weaponry in Speedway are scheduled Wednesday afternoon
to announce the
creation of hundreds of new jobs.
MoreIndiana businesses are welcoming investment from China
January 22, 2010
Peter SchnitzlerSome observers see a parallel to the state's seeking Japanese investment following recession in the early 1980s.
MorePickens' natural-gas plan may prove boon to truck builders
January 22, 2010
Bloomberg NewsConverting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T.
Boone Pickens says.
MoreEnerDel has more deals in the works
January 21, 2010
Kathleen McLaughlinLithium battery maker EnerDel will need more business than its existing relationships with Think and Volvo to justify the
$237 million investment
it announced Thursday.
MoreEnerDel hopes to hire 1,100 at new manufacturing plant
January 21, 2010
Peter SchnitzlerLithium battery-maker will get incentives worth $53.1 million for expansion into Hancock County.
MoreEnerDel in line for $3 million grant
January 20, 2010
Kathleen McLaughlinBattery maker EnerDel could land $3 million in federal disaster-recovery money that would help bring 200 more jobs to its
facilities on the north side of Indianapolis and in Noblesville.
MoreKnauf fills new CEO position
January 20, 2010
Knauf Insulation in Shelbyville appoints a company executive to its newly created position of CEO of North American operations.
MoreCar-seat manufacturer plans Columbus expansion
January 19, 2010
Dorel Group wants to expand its development and production operations in Columbus, creating 98 jobs by 2013.
MoreGunite Corp. cutting 100-plus jobs at Elkhart plant
January 15, 2010
IBJ StaffBeleaguered Elkhart took another hit this week when Illinois-based Gunite Corp. announced plans to move 110 manufacturing
jobs to Rockford, Ill., and Brillion, Wis.
MoreCummins gets $54M to improve fuel efficiency
January 11, 2010
IBJ Staff and Associated PressColumbus engine
maker Cummins Inc. will receive nearly $54M in federal funding as part of a program designed to significantly
increase fuel efficiency in heavy trucks and passenger vehicles, U.S. Energy Secretary Steven Chu announced Monday.
MoreAlcoa plant in Indiana plans up to 145 layoffs
January 6, 2010
Alcoa's Warrick Operations in Newburgh said the layoffs in its rigid packaging division are in response to a declining demand
for its products.
MoreHancock County to consider battery plant proposal
January 4, 2010
IBJ Staff and Associated PressHancock County officials will consider a request by lithium battery maker EnerDel to set up operations in a business park
near Indianapolis.
MoreRolls-Royce bags $160M military contract
December 21, 2009
IBJ StaffRolls-Royce Corp.'s Indianapolis operations will manufacture 78 turboshaft engines for U.S. Navy and Air Force helicopters
under the terms of a mammoth $160.6 million military contract.
MoreHurco posts quarterly, yearly losses
December 15, 2009
The company attributed its losses to the ongoing global recession and the credit crunch that has made it difficult for businesses
to obtain financing to purchase Hurco's products.
MoreFormer Visteon plant lined up for Carbon Motors
December 14, 2009
Atlanta-based Carbon Motors is a step closer to producing its high-tech police cars in Connersville after a bankruptcy
judge authorized auto-parts maker Visteon Corp. to sell a closed plant to the city for $500.
MoreEnerDel parent receives $20M investment
December 7, 2009
The parent of EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, announced Monday morning that it
has received about $20 million in investment capital from a Japanese company.
MoreDelphi to supply Allison with hybrid components
December 7, 2009
Indianapolis-based Allison Transmission Inc. announced Monday morning that it has entered into a long-term agreement to have
Delphi Automotive Systems Inc. supply it with hybrid drive-system components and energy-storage systems.
MoreCookware plant closing in Fort Wayne, idling 190 workers
December 4, 2009
Fort Wayne-based Lincoln Foodservice Products Inc. has notified state officials that it will close its “small wares”
plant there and let go 190 employees.
MoreCummins to lay off 400-plus workers in New York
December 2, 2009
Andrea Muirragui DavisColumbus engine maker Cummins Inc. will idle at least 400 workers at a manufacturing facility in Jamestown, N.Y., because
of a change in emission standards that will cut production from 500 engines a day to 100.
MoreTrailer maker plans to add 100 jobs in Peru
December 2, 2009
IBJ StaffPeru recreational vehicle maker Riverside Travel Trailer Inc. will expand its Miami County operations, creating 100 new jobs
by 2011, the Indiana Economic Development Corp. announced Wednesday morning.
MoreHaynes reports quarterly, fiscal-year losses
November 24, 2009
Kokomo-based Haynes International Inc.'s efforts to consolidate operations and reduce inventory could not keep it from losing
$3 million in its fiscal fourth quarter, the company announced Monday.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.