Manufacturing & Technology

Hurco reports fourth straight quarterly profit

January 13, 2012
Strong sales in North America and Europe helped the Indianapolis-based machine-tool maker.
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Angie's List sues rival, accuses it of stealing data

January 13, 2012
 IBJ Staff
The Indianapolis-based ratings service alleges that principals of Click and Improve Inc. secretly joined Angie’s List then illegally harvested more than 24,000 proprietary files.
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Indiana county leaders worried over 911 funding

January 12, 2012
Associated Press
County officials across Indiana scrambling to find money to pay for 911 emergency services say they aren't confident of getting help from state legislators, who might be leery of boosting cellphone fees during an election year.
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Klipsch wins restraining order vs. alleged counterfeiters

January 11, 2012
The order enables the Indianapolis speaker maker to disable the websites where the suspected knockoffs are sold and allows it to restrain the funds of the accused.
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Drugmaker plans 234 Terre Haute jobs by 2016

January 10, 2012
 IBJ Staff and Associated Press
A California-based pharmaceutical company says it expects to hire 234 people by 2016 at a new operation on the site of a former Pfizer Inc. drug plant near Terre Haute.
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Ex-Peterbilt dealer hauls trailer manufacturer to court

January 10, 2012
Chris O'Malley
A longtime Indianapolis-based Peterbilt dealer is suing California-based Utility Trailer Manufacturing Co. for allegedly blocking the sale of the dealership’s trailer sales arm.
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Honda to build new Acura model in Indiana

January 10, 2012
Associated Press
Honda Motor Co. unveiled a trio of new vehicles Monday, including an entry-level car for the Acura brand that will be built in Greensburg.
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Klipsch pushes up earnings for parent company

January 9, 2012
Kathleen McLaughlin
Klipsch Group parent company Voxx International Corp. said its earnings nearly doubled in its fiscal third quarter, thanks in part to the Indianapolis-based speaker maker it acquired last year.
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IT upgrade for state dogged by delaysRestricted Content

January 7, 2012
Francesca Jarosz
The state missed a Dec. 15 deadline to complete a complicated technology overhaul of its unemployment insurance system—the latest in a series of delays that have added years to the project and led to more than $18 million in cost overruns.
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Great-grandson of LDI's founder prepares to take reinsRestricted Content

January 7, 2012
Kathleen McLaughlin
In a world that likes to see businesses grow by leaps and bounds, LDI Ltd. is a tortoise. The family-owned holding company typically hangs onto firms in its portfolio for 15 years or more. It might take more than two years to zero in on an acquisition target. And it’s putting its next CEO, J.A. Lacy, through a year-long apprenticeship.
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Boone County officials ‘surprised’ by ASI closing

January 5, 2012
Scott Olson
ASI Limited informed an estimated 250 employees by letter that the company was no longer profitable. The manufacturer's high-profile projects include Lucas Oil Stadium and the JW Marriott hotel.
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Columbia City company plans to add 106 jobs

January 4, 2012
Impact CNC, a production machining company, plans to add the jobs in northeastern Indiana as part of a $12.8 million expansion.
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Battle between phone rivals spills into the courtroomRestricted Content

December 31, 2011
Greg Andrews
Brightpoint sues Miami rival Brightstar twice in one week over its hiring of two former executives of the local wireless-phone distributor.
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New venue will give startup crowd a place to socialize, share ideasRestricted Content

December 31, 2011
Francesca Jarosz
A group of angel investors, entrepreneurs and high-tech aficionados on Jan. 18 will launch the Speak Easy, a 5,750-square-foot space on the southern edge of Broad Ripple that will serve as a gathering place for those active in the startup community.
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State supreme court upholds Indiana robocall law

December 29, 2011
 Franklin College News Bureau
The Indiana Supreme Court has upheld a state law restricting automated robocalls. In a 4-1 decision Thursday, the court held the state law that requires a live operator on the phone before a recorded message doesn't violate the right to free speech.
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Northern Indiana RV maker to add up to 250 jobs

December 28, 2011
 IBJ Staff
The company plans to invest $3.9 million to buy land and construct a 93,000-square-foot facility adjacent to its existing 45-acre campus in the town of Topeka.
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GM to idle Fort Wayne plant for nine weeks

December 24, 2011
Bloomberg News
General Motors Co., preparing to introduce new pickups in 2013, has scheduled 21 weeks without production at three U.S. full-size truck plants next year to update the factories for building the new models.
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Turkey processor to hire up to 600 for new Vincennes plant

December 22, 2011
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
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Brightpoint suing former exec in trade secret dispute

December 21, 2011
Scott Olson
The Indianapolis-based wireless distributor accuses Mitch Black, who left Brightpoint last year, of taking company trade secrets to a new job with a direct competitor. Brightstar Corp. also is named in the lawsuit.
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Area firms pledge 365 jobs

December 21, 2011
Francesca Jarosz
Two Central Indiana firms will receive tax incentives for growing their operations by a combined 365 workers by 2015, Indiana economic development officials announced Wednesday.
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Honda reworking Civic in plan to boost sales

December 21, 2011
Bloomberg News
Honda Motor Co. is sprucing up its Indiana-made Civic sedan, which received poor ratings, after less than a year on the market as part of a plan to boost U.S. sales by 24 percent in 2012 for its namesake brand.
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Rolls-Royce employees begin move to downtown campus

December 20, 2011
Francesca Jarosz
Rolls-Royce Corp. began moving employees to its new downtown office building on Monday—a shift an IUPUI analyst projected could generate $510 million in annual economic activity.
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Indiana may be ground zero for right-to-work fightRestricted Content

December 17, 2011
Francesca Jarosz
Indiana’s anticipated battle next month over a right-to-work law is expected to rival last year’s epic Wisconsin union fight that drew 180,000 protestors to Madison rallies and became the focus of national media attention.
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Valuing ExactTarget a hit-or-miss exerciseRestricted Content

December 17, 2011
Greg Andrews
Appraisals of private companies are inherently dicey, especially if they're not making money.
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Is China headed for 'soft-landing slowdown'Restricted Content

December 17, 2011
Kathleen McLaughlin
An oasis of growth for some Hoosier manufacturers, China’s economy is headed for a slowdown. That affects both Indiana companies that have outposts in China, and the firms that export to the Asian powerhouse.
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