Manufacturers

Super bummer: Indy plant churns out Saints T-shirts

February 8, 2010
Mason King
The Colts' Super Bowl loss saddened employees at a local plant that makes NFL gear, but the Saints' win will give the bottom line a bigger boost.
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New emissions standards drive up Cummins profit

February 2, 2010
Kathleen McLaughlin
Columbus-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.
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Haynes pays CEO almost twice as much as predecessor

January 29, 2010
Peter Schnitzler
CEO 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.
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Bicycle-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.
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Steep sales decline forces Hurco to slash executive pay

January 27, 2010
Peter Schnitzler
Indianapolis-based machine toolmaker's CEO takes 63-percent compensation cut.
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Two 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.
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Indiana businesses are welcoming investment from ChinaRestricted Content

January 22, 2010
Peter Schnitzler
Some observers see a parallel to the state's seeking Japanese investment following recession in the early 1980s.
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Pickens' natural-gas plan may prove boon to truck builders

January 22, 2010
Bloomberg News
Converting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T. Boone Pickens says.
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EnerDel has more deals in the works

January 21, 2010
Kathleen McLaughlin
Lithium battery maker EnerDel will need more business than its existing relationships with Think and Volvo to justify the $237 million investment it announced Thursday.
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EnerDel hopes to hire 1,100 at new manufacturing plant

January 21, 2010
Peter Schnitzler
Lithium battery-maker will get incentives worth $53.1 million for expansion into Hancock County.
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EnerDel in line for $3 million grant

January 20, 2010
Kathleen McLaughlin
Battery 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.
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Knauf 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.
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Car-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.
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Gunite Corp. cutting 100-plus jobs at Elkhart plant

January 15, 2010
 IBJ Staff
Beleaguered Elkhart took another hit this week when Illinois-based Gunite Corp. announced plans to move 110 manufacturing jobs to Rockford, Ill., and Brillion, Wis.
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Cummins gets $54M to improve fuel efficiency

January 11, 2010
 IBJ Staff and Associated Press
Columbus 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.
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Alcoa 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.
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Hancock County to consider battery plant proposal

January 4, 2010
 IBJ Staff and Associated Press
Hancock County officials will consider a request by lithium battery maker EnerDel to set up operations in a business park near Indianapolis.
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Rolls-Royce bags $160M military contract

December 21, 2009
 IBJ Staff
Rolls-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.
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Hurco 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.
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Former 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.
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EnerDel 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.
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Delphi 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.
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Cookware 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.
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Cummins to lay off 400-plus workers in New York

December 2, 2009
Andrea Muirragui Davis
Columbus 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.
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Trailer maker plans to add 100 jobs in Peru

December 2, 2009
 IBJ Staff
Peru 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.
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  1. From the story: "The city of Indianapolis also will consider tax incentives and funding for infrastructure required for the project, according to IEDC." Why would the City need to consider additional tax incentives when Lowe's has already bought the land and reached an agreement with IEDC to bring the jobs? What that tells me is that the City has already pledged the incentives, unofficially, and they just haven't had time to push it through the MDC yet. Either way, subsidizing $10/hour jobs is going to do nothing toward furthering the Mayor's stated goal of attracting middle and upper-middle class residents to Marion County.

  2. Ron Spencer and the entire staff of Theater on the Square embraced IndyFringe when it came to Mass Ave in 2005. TOTS was not only a venue but Ron and his friends created, presented and appeared in shows which embraced the 'spirit of the fringe'. He's weathered all the storms and kept smiling ... bon voyage and thank you.

  3. Not sure how many sushi restaurants are enough, but there are three that I know of in various parts of downtown proper and all are pretty good.

  4. First off, it's "moron," not "moran." 2nd, YOU don't get to vote on someone else's rights and freedoms that are guaranteed by the US Constitution. That's why this is not a state's rights issue...putting something like this to vote by, well, people like you who are quite clearly intellectually challenged isn't necessary since the 14th amendment has already decided the issue. Which is why Indiana's effort is a wasted one and a waste of money...and will be overturned just like this has in every other state.

  5. Rick, how does granting theright to marry to people choosing to marry same-sex partners harm the lives of those who choose not to? I cannot for the life of me see any harm to people who choose not to marry someone of the same sex. We understand your choice to take the parts of the bible literally in your life. That is fine but why force your religious beliefs on others? I'm hoping the judges do the right thing and declare the ban unconstitutional so all citizens of Wisconsin and Indiana have the same marriage rights and that those who chose someone of the same sex do not have less rights than others.

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