Manufacturing & Technology

GM taps female CEO; ex-Cummins chief named chairman

December 10, 2013
Bloomberg News
General Motors Co. named Mary Barra to succeed Dan Akerson as chief executive officer, making her the first female CEO in the global automotive industry. Former Cummins Inc. CEO and chairman Tim Solso was named GM's chairman.
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Government sells remaining stake in General Motors

December 10, 2013
Associated Press
The U.S. government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse.
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Toyota begins production of 2014 SUV in Indiana

December 5, 2013
Associated Press
Toyota Motor Manufacturing Indiana Inc. says because of the Highlander it has invested another $430 million into the automotive plant in Princeto. Toyota also plans to add 600 more jobs at the factory by the end of 2014.
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Cyber Monday still growing despite earlier online sales

December 4, 2013
Associated Press
Shoppers bought online at the heaviest rate ever Monday, according to research firm comScore Inc. The strong performance was in contrast to Black Friday weekend spending, which fell an estimated 2.9 percent.
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Software startup lands state incentives, plans growth

December 3, 2013
Dan Human
AppealTrack, which makes software that manages property tax appeals, expects to double its staff to 14 by 2016.
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Spinoff firm with Carmel HQ plans to hire 150

December 2, 2013
 IBJ Staff
Allegion PLC, an international firm that made its debut as a public company on Monday, plans to hire another 150 people within six months between its Carmel corporate hub and Indianapolis manufacturing facility.
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Peyton Manning wears ankle brace designed by local entrepreneur

November 30, 2013
Anthony Schoettle
Rick Peters, founder of Carmel-based Ultra Athlete LLC—a small manufacturing firm with a reputation for state-of-the-art ankle braces—sent his latest brace to the Denver Broncos head trainer on a whim, and saw Manning wearing it three days later.
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Apple buyout in ChaCha's future?

November 30, 2013
Dan Human
Apple has applied for a patent that sounds pretty familiar to the folks at Carmel-based ChaCha Search Inc. Enough so that ChaCha founder Scott Jones has suggested that his business is well-suited for an acquisition by one of the largest companies in the world.
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Northern Indiana benefitting from resurgence of RVs

November 29, 2013
Associated Press
An industry report shows that RV shipments to retailers last month were up 29 percent from September and nearly 17 percent more than during October 2012.
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Manufacturer seeks tax break, plans to add 100 jobs

November 26, 2013
 IBJ Staff
Applied Composites Engineering Inc., an Indianapolis-based designer and manufacturer of products for the aerospace industry and military applications, is planning to spend $2.5 million on equipment that would help it double its work force over the next six years.
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TechPoint targets talent with new programs

November 26, 2013
 IBJ Staff
TechPoint, the Indianapolis-based group that promotes the state's technology industry, on Tuesday unveiled a pilot program aimed at attracting young professionals to central Indiana while keeping those who are already here.
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Indiana appeals court hears welfare lawsuit

November 25, 2013
Associated Press
Lawyers representing Indiana asked an appeals court Monday to refund much of the money the state has paid IBM for a failed welfare privatization effort, but the company countered it's actually entitled to even more.
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Avon firm enters competitive video game industry to promote reading

November 23, 2013
Dan Human
An Indianapolis firm that makes software for libraries has teamed with an elementary schoolteacher to improve kids’ reading skills by using books’ longtime nemesis—video games.
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New law paves way for micro-distilleries to open across state

November 23, 2013
Sam Stall
A new state law allows Indiana distillers to obtain a permit to produce and sell spirits by the glass, bottle or case. Previously, they could sell only to distributors, never to the public.
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Book captures Madison County's automotive history

November 22, 2013
Associated Press
When America was making the transition from horse and buggies to the horseless carriage at the start of the 20th century, the city of Anderson was a part of the innovation that changed how the nation would travel forever.
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Feds consider permitting cellphone calls on planes

November 22, 2013
Associated Press
Rules against making cellphone calls during airline flights are "outdated," and it's time to change them, federal regulators said Thursday, drawing immediate howls of protest from flight attendants, airline officials and others.
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Food company delays plans for $28M Indiana plant

November 21, 2013
 IBJ Staff and Associated Press
Sugar Creek Packing Co. officials say the delay is needed because of changes in construction plans for a sewage-treatment plant at the former Really Cool Foods plant near Cambridge City.
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Loss of Camry production in state not certain, exec says

November 20, 2013
Bloomberg News
Toyota Motor Corp.’s top North American executive said the carmaker hasn’t decided to end a production deal that supplies it with 100,000 Camry sedans annually from Fuji Heavy Industries Ltd.’s U.S. Subaru plant in Lafayette.
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Health care cloud firm expanding, adding 62 jobs

November 15, 2013
 IBJ Staff
The Zionsville-based firm said it will spend $1.4 million to lease and equip a 16,626-square-foot headquarters facility at Northwest Technology Park to allow for the expansion.
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U.S. factory production rises for 3rd straight month

November 15, 2013
Associated Press
Manufacturing output rose 0.3 percent last month, up from 0.1 percent in September, the Federal Reserve reported Friday. Overall industrial production, however, fell 0.1 percent.
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Tipton County won't stop work at Chrysler plant over permits

November 15, 2013
Associated Press
Three residents have appealed the Tipton County planning director's decision to extend without public notice the building permit originally given to Getrag, which stopped construction at the factory in 2008.
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Biometrics researchers see world without passwords

November 12, 2013
Associated Press
Some Purdue University researchers are working on technology that could see all those passwords that computer users must punch in replaced with steps such as iris and fingerprint scans.
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Apparel maker plans to boost operations, hire 28

November 12, 2013
Mason King
Founded in 1987, Indy-based Motionwear LLC currently employs more than 180 full-time workers and already has begun hiring new manufacturing, administrative, sales and warehouse employees.
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Denver company completes Chromcraft acquisition

November 11, 2013
Associated Press
Apparel maker Sport-Haley Holdings Inc. has closed its $3.45 million purchase of Indiana-based furniture maker Chromcraft Revington.
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Klipsch bolsters marketing with rollout of Gig mini-speaker

November 9, 2013
Anthony Schoettle
The homegrown speaker and headphone maker Klipsch Group in recent weeks released a bevy of new products and launched a marketing campaign headlined by high-profile athletes and a rock band.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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