Manufacturing & Technology

Auto parts maker shifting work from Michigan to Indiana

October 9, 2013
Associated Press
Quebec-based Exo-s US says it will spend nearly $7 million on the factory in the LaGrange County town of Howe. It expects to open the factory next year and hire up to 250 workers by 2016.
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Lilly scientists stole $55 million in trade secrets, indictment alleges

October 8, 2013
J.K. Wall
Three former employees of Eli Lilly and Co. allegedly transferred trade secrets that Lilly values at more than $55 million to a competing Chinese drug company, according to an indictment unsealed Tuesday in federal court.
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Two manufacturers target Indiana city for expansion

October 8, 2013
 IBJ Staff
The Indiana Economic Development Corp. announced two economic development deals Tuesday morning that will bring more than 200 jobs to Whitley County in northern Indiana.
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Donor-management software startup plans to add 70 jobs

October 7, 2013
 IBJ Staff
Bloomerang is led by technology entrepreneur Jay Love, who sold the donor-management firm eTapestry for $25 million in 2007.
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KAR Auction Services riding the wave of auto recoveryRestricted Content

October 5, 2013
Greg Andrews
Early investors in KAR Auction Services are looking savvy. Since November 2012, KAR shares have marched steadily higher, rising from $12.25 to nearly $29.
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Digital archivist's lab will document Indy's mayoral historyRestricted Content

October 5, 2013
Dan Human
History IT plans to hire 20 people for its Indianapolis office, which will focus on documenting Indianapolis' mayoral history.
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IU lands $6M contract to manage data network

October 3, 2013
Dan Human
IU's Global Research Network Operations Center now handles N-Wave, a nationwide computer network used for transporting research data.
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Data startup snags $2.1 million venture investment

September 30, 2013
Dan Human
Perceivant, on the receiving end of a venture capital infusion, was founded in 2012 by veterans of iGoDigital and ExactTarget.
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Eco-friendly lighting firm gains wattage after recessionRestricted Content

September 28, 2013
Dan Human
Eco Lighting Solutions in Fishers designs and sells induction lighting, which costs less to install than LED and requires less energy than fluorescent. Induction lights work a lot like cheaper fluorescent ones, but don’t burn out as quickly.
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RV exec seeking new start in IndyRestricted Content

September 28, 2013
Dan Human
A member of one of the recreational vehicle industry’s elite families hopes to get a fresh start in Indianapolis by launching a manufacturer of super-high-end RVs.
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Noblesville company taking on industry giants with healthier snacksRestricted Content

September 28, 2013
Andrea Muirragui Davis
The Darlington snack company for 30 years peddled sweet treats to large institutional users—think schools, hospitals and nursing homes. But growing concerns over America’s obesity epidemic have the small Noblesville company hanging its hopes on healthier fare: all-natural, whole-grain-rich snacks.
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Old-line manufacturer poised to close for goodRestricted Content

September 28, 2013
 IBJ Staff
A manufacturer that has roots in Indianapolis dating to 1924 plans to permanently cease operations in late November unless it can find a buyer for the business.
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Auto parts supplier expanding Indiana factory

September 27, 2013
Associated Press
Heartland Automotive plans to spend $38 million on a factory expansion that could add up to 220 jobs in the next two years.
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GE workers protest Bloomington factory job cuts

September 27, 2013
Associated Press
Workers say the company isn't following through on an investment announced three years ago.
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Cummins keeping HQ in Columbus, but considering Indy project

September 26, 2013
Associated Press
Cummins spokesman Jon Mills said the company wants to consolidate its two offices in downtown Indianapolis where about 100 employees work in areas such as communications, information technology and investor relations.
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Local manufacturer with 100 workers set to close

September 25, 2013
 IBJ Staff
CMW International LLC, which has roots in Indianapolis dating to 1924, said all 100 of its employees would lose their jobs if a buyer wasn’t found before Nov. 23.
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Auto parts supplier hiring 100 for Indiana plant

September 25, 2013
Associated Press
Tenneco Inc. officials say the factory in the Noble County city of Ligonier is increasing production to make parts on a new line for Chrysler.
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Nestle picks Anderson for $72M plant expansion

September 24, 2013
 IBJ Staff
Nestle USA plans to invest $72 million to add a seventh production line to its plant in Anderson, the beverage maker announced Tuesday.
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Tech firm plans to axe 54 workers in Carmel

September 23, 2013
 IBJ Staff
Stamford, Conn.-based Frontier Communications Corp. said it has automated a number of systems at its collection center at 11799 N. College Ave. and will no longer need the workers.
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Dallara sees Indy operations as springboard for U.S. expansionRestricted Content

September 21, 2013
Anthony Schoettle
Dallara is preparing to install a $5 million automobile simulator in its Speedway plant—a move that could fuel the company’s plan to dramatically grow its local operation.
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Former Thomson site may be ripe for developmentRestricted Content

September 21, 2013
Scott Olson
The vacant 49-acre Sherman Park business complex might finally be redeveloped now that the owner has exited bankruptcy and demolition has started on its main building.
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Fishers plans new development on train-station site

September 21, 2013
Andrea Muirragui Davis
Incentive deals are on the table to keep two high-potential businesses in Fishers, and the town is poised to pull the trigger on redevelopment of the Fishers Train Station property—where one of the firms could occupy third-floor office space.
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RCA brand lives on, sans Nipper and ChipperRestricted Content

September 21, 2013
Chris O'Malley
In a plot right out of Jurassic Park, Thomson Consumer Electronics' old brands such as RCA and Proscan have been revived from old DNA. They’ve been licensed to companies around the world including Indianapolis-based company that operates as RCA Commercial Electronics.
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GE dropped planned investment in Bloomington factory

September 20, 2013
Associated Press
A GE Appliances spokeswoman says a $161 million investment announced three years ago was never made at a southern Indiana refrigerator factory where 160 jobs are now being cut.
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State loses jobs; unemployment rate declines to 8.1 percent

September 20, 2013
 IBJ Staff
The state saw sizable job increases in manufacturing, health services and educational sectors, but that was offset by decreases in trade, transportation, utilities and construction.
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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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