Manufacturers

Medical equipment maker primed to expand in Greenwood

September 16, 2010
J.K. Wall
Advantis Medical Inc., a maker of cases and trays for surgical instruments, plans to add more than 100 jobs in Greenwood over the next five years.
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Factory production creeps up again

September 15, 2010
Associated Press
Production at U.S. factories grew in August for the 12th time in 14 months, but at a slower rate than earlier this year.
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Cummins awarded $6.9 million Army contract

September 14, 2010
The three-year deal calls for the Columbus, Ind.-based diesel engine manufacturer to develop a power train that improves efficiency by reducing fuel consumption and noise, and can run on a wide range of fuels and fuel mixtures.
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JD Norman reaching GM workers through mail

September 10, 2010
Kathleen McLaughlin
The UAW's regional office appears to be arranging a contract vote by mail-in ballot. Word on the shop floor is that a ballot will accompany a new proposal, which includes $70,000 cash for union members who work for JD Norman for two years. The offer is double the amount in a previous proposal.
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EnerDel parent lines up more financing

September 3, 2010
Kathleen McLaughlin
The parent company of lithium-ion battery maker EnerDel Inc. has raised another $65 million to help finance operations and ramp up its manufacturing operations in the Indianapolis area.
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Delphi plans Kokomo lab as part of $25M project

August 30, 2010
Associated Press
The new engineering lab and a smaller utility building will help consolidate all of Delphi's 1,400 employees in Kokomo.
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Herff Jones buys globe maker Replogle

August 24, 2010
Replogle is one of the world's largest globe manufacturers and dates to the 1930s. The company as of 2004 had 225 employees and sales of $18 million.
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Is University Loft's rival going on attack again?Restricted Content

August 21, 2010
Greg Andrews
The Greenfield furniture-maker has an acrimonious history with California-based Furniture by Thurston.
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JD Norman boss stumps for UAW to reconsider contract

August 18, 2010
Kathleen McLaughlin
The owner of Illinois-based JD Norman Industries came to Indianapolis to make a personal plea for United Auto Workers Local 23 to allow a vote on his proposed five-year contract.
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Hybrid-motor sales help boost Remy's quarterly results

August 17, 2010
Pendleton-based company reported both higher profit and revenue, helped by a 20-percent increase in hybrid-motor sales.
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UAW halts vote on giveback deal at Indy GM plant

August 15, 2010
Associated Press
UAW Local 23 bargaining chairman Gregory Clark says members won't vote on the proposed contract, which would cut base wages from $29 per hour to $15.50.
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GM plant offer sets off union power struggle

August 12, 2010
Kathleen McLaughlin
The UAW in Detroit said Local 23 will vote Monday on Illinois-based JD Norman's proposal to buy an Indianapolis stamping plant where more than 600 work, but a local rep says workers don't want to negotiate.
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Remy to supply motors for all-electric Equinox

August 10, 2010
Chris O'Malley
Remy International on Tuesday signed a contract with Cincinnati-based Advanced Mechanical Products Inc. to supply motors for an all-electric version of the Chevrolet Equinox.
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Local manufacturer Deflecto lives to see 50

August 7, 2010
 IBJ Staff
Customers intervened to keep inventor of bicycle reflectors, dryer vents from going out of business.
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Slumping chocolate firm hopes to recapture early momentumRestricted Content

August 7, 2010
Kathleen McLaughlin
Endangered Species Chocolate, which saw growth spike from 2005 through 2007, lost 20 percent of its revenue in 2009. Sales dropped from $14 million in 2008 to $11 million last year. New Curt Vander Meer has plans to bring the company back to its former glory, one chocolate bar at a time.
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Indiana company planning hybrid van gets GM backing

August 4, 2010
Associated Press
Anderson-based Bright Automotive is getting a boost from a $5 million investment by General Motors' new venture capital arm.
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Hillenbrand profit falls on acquisition costs

August 4, 2010
 IBJ Staff
Excluding acquisition costs, the Batesville-based maker of caskets exceeded Wall Street forecasts with earnings of $28.1 million.
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Calumet see smaller loss in second quarter

August 4, 2010
 IBJ Staff
The Indianapolis-based owner of oil refineries lost $907,000 in the three months ended June 30. In the same quarter last year, the company lost $26 million.
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Delta Faucet parent lowers forecast for housing starts

July 31, 2010
 IBJ Staff
The Carmel-based company backed off earlier predictions after a mid-year slow-down that could affect its sales.
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Cummins' profit rises on strong overseas sales

July 27, 2010
Columbus-based diesel engine manufacturer raised its full-year earnings forecast after second quarter profit rose to $246 million.
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Federal agents' raid hits University Loft at tough timeRestricted Content

July 24, 2010
Kathleen McLaughlin
Military contracts have helped shore up sagging sales at University Loft Co., the furniture maker federal agents raided two weeks ago. Still, University Loft's work force is almost 50 percent off its recent peak.
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Rolls-Royce snags $70M contract to service Canadian fleet

July 21, 2010
British firm's Indianapolis manufacturing facility will provide engine management and repair services, as well as logistics and on-site technical support for Canadian military transport aircraft.
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Angola manufacturers plan nearly 180 new jobs

July 20, 2010
 IBJ Staff
Fuel Systems of Angola and Steffy Wood Products say they will invest a total of $4.8 million on their production facilities in northeast Indiana, creating 178 jobs by 2013.
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Cummins gets upgrade from Moody's

July 17, 2010
 IBJ Staff
The company's rating rose one notch because it has taken steps to insulate itself from economic downturns.
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Cummins moving 100 jobs from Memphis to Mexico

July 14, 2010
Associated Press
The moves will leave about 1,400 employees of Cummins and its contract workers in the Memphis area.
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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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