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Manufacturing & Technology
Auto parts plant closing in northeastern Indiana
March 11, 2013
Michigan-based Ficosa North America Corp. has notified state officials that 137 employees will lose their jobs when the plant
in Berne closes May 31.
MoreAllison adds hybrid systems for broader array of trucks and buses
March 9, 2013
Production of propulsion system for medium- and heavy-duty vehicles will begin later this year.
MoreHonda shuffling management at Greensburg plant
March 9, 2013
The changeup is part of a transition throughout Honda North America Inc.'s operations.
MoreCongressman invites Italian gun maker to Indiana
March 9, 2013
U.S. Rep. Marlin Stutzman is encouraging Beretta to move its U.S. operations from Maryland, which is considering an assault
weapons ban.
MoreHurco sees smaller profit on drop in sales
March 6, 2013
Dan HumanMachine-tool manufacturer Hurco Cos. Inc. saw earnings drop 51 percent in its latest fiscal quarter on falling revenue, the
Indianapolis-based company announced Wednesday.
MoreLANGFORD: Banks must move toward greater access, flexibility
March 2, 2013
Kevin Langford / Special to IBJConsumers want more than 'one message fits all.'
MoreIndiana's tech efforts on national radar
March 2, 2013
White House summit on tech startups included only 11 states after evaluation of tech economies in all 50.
MoreAuto parts supplier lays off 200 in northeastern Indiana
March 1, 2013
Contech Castings LLC has suspended certain operations at plants in Auburn and Pierceton and laid off more than 200 employees
after losing a customer to a competitor.
MoreChrysler confirms state investment of $374 million
February 28, 2013
Dan HumanChrysler Group LLC plans to invest a total $374 million and add 1,250 jobs in Kokomo and Tipton, the company confirmed Thursday.
MoreSenate OKs bill to stop undercover video at farms, plants
February 27, 2013
The Statehouse FileThe Indiana Senate passed a bill Tuesday that would make it illegal to take unauthorized pictures or video of operations at
a manufacturing or farming business.
MoreIndiana auto parts supplier lays off 130 workers
February 25, 2013
Associated PressA Contech Castings spokesman said the company's Auburn plant laid off about half of its work force Friday after losing a contract
last week.
MoreCity mulls creation of 'high tech district' for ExactTarget
February 25, 2013
Cory SchoutenExactTarget Inc. could get a 10-year tax break on an unspecified investment in new equipment if the City-County Council agrees
to designate several parcels tied to the Indianapolis-based company as a "high technology district."
MoreFactory workers struggling to bounce back
February 23, 2013
Dan HumanThousands of Indiana’s rank-and-file factory workers have seen their earnings lose ground to that of white-collar workers.
The gap has grown even as manufacturers expect their assembly-line workers to have more skills and more advanced education.
MoreUnion workers at Goshen's Cequent plant take severance deal
February 23, 2013
Associated PressThe trailer-hitch manufacturer plans to close the 450-employee plant and move operations to Mexico. Union workers voted Friday
to forego arbitration and accept a severance agreement that will pay the most senior employees $36,000.
MoreNew microbrewer embraces history of near-east-side headquarters
February 23, 2013
Cory SchoutenA bottling house, which is all that's left of a brewing campus closed by Prohibition, will be home to two partners' startup
this spring.
MoreCummins lowers previously reported earnings
February 20, 2013
Dan HumanColumbus-based diesel engine manufacturer Cummins Inc. lowered its previously reported quarterly profit by $12 million, or
3.1 percent, after discovering legal fees that the company initially missed.
MoreAllison Transmission cuts 2013 sales outlook
February 19, 2013
Dan HumanAllison Transmission Inc. predicted 2013 sales declines after it closed 2012 with an inflated $514.2 million annual profit
and a massive slide in sales for a key market during the fourth quarter.
MoreRemy International reports $138M annual profit
February 19, 2013
Dan HumanA one-time tax benefit more than doubled Remy International Inc.’s annual profit to $138.6 million, the Pendleton-based
manufacturer reported late Monday.
MoreAllos Ventures raises $40 million for early-stage tech firms
February 16, 2013
Chris O'MalleyAllos Ventures has raised $40 million from local tech industry luminaries and others to invest in early-stage tech companies
in the Midwest, a segment that has seen funding dry up. The fund, Allos II, aims to invest $3 million to $7 million each in
about a dozen early-stage companies—not upstarts but those already generating solid revenue streams.
MoreDoes hybrid-tech startup have investors too revved up?
February 16, 2013
Greg AndrewsEcho Automotive trades on the OTC Bulletin Board, the Wild West of investing—where cheap stock prices and low trading
volumes can translate into wild swings in stock price.
MoreEven salvage auto buyers now have an app to make purchases easier
February 16, 2013
Bids have been taken via smart-phone applications for more than a year. Now a unit of Carmel-based KAR Auction Services has
introduced an app to make paying easier.
MoreLilly to expand partnership with diagnostic firm
February 14, 2013
IBJ Staff and Associated PressDiagnostic products maker Qiagen NV said Wednesday that it will work with Eli Lilly and Co. to develop new tests that could
identify patients who could be helped by Lilly's drugs.
MoreUPDATE: Sensient to cut 125 jobs due to Chicago move
February 14, 2013
Sensient Technologies Corp. has alerted state officials that it will lay off 125 workers from its Indianapolis operations.
That follows the company's announcement that it plans to move its local Flavors & Fragrances Group headquarters to suburban
Chicago.
MoreAngie's List turns corner on profitability
February 13, 2013
Chris O'MalleyIndianapolis-based Angie's List on Wednesday reported fourth-quarter profit of $2.4 million—the consumer-ratings
service's first profitable period since its 1995 founding.
MoreCalumet's 2012 profit rockets to $205.7 million
February 13, 2013
Dan HumanAn acquisition spree helped oil refiner Calumet Specialty Products increase profit almost five-fold in 2012, the Indianapolis-based
company reported Wednesday morning.
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liek the rest of America
These quaint,obsessed musings by the stalkers are certainly entertaining, but I'm trying to figure out what, if anything, all the yelping below has to do with Zak Brown.
It's evident that Moffett was pushing the right buttons and corporate America is now trying to squash him. He just wanted to withdraw the free pilot services provided to the company by the pilots to try and put some pressure on a company that has not been interested in negotiating a contract in over 5 years. The company does not provide a contract because not having one has saved them a bundle of money. Shame on any Republic pilots not standing behind their union leader just because things are getting tough, can you not see such strategic moves by the company as putting the last union president in a corporate position and into THEIR pocket. Do you really believe the last union president is so appalled at the attempts by Moffett, do you not remember his oppositions to the company? We stood behind him. It has been proven over and over again for thousands of years without fail, a man cannot serve two masters. Anyone that believes people vote contrary to their paycheck and livelihood deserve to be taken advantage of, the recent statements by the former union president are laughable as he denounces the current union president from his new corporate position. Have you ever seen a drafted sports player score points for his previous team, it cannot be done, he is not on the pilots side anymore, he gets his money a different way now than you and I do, and he should not be allowed to remain on the seniority list. A drafted player brings strength, credibility, tactical knowledge, and a strategic advantage to his NEW team, he would not be drafted or paid were it otherwise. We are all forced to choose only one side to play for and support, not doing so has many references in life such as insider trading and shaving points, all illegal for good reason. This basic fact is why corporate moguls, scientist, and engineers all sign non-discloser agreements and non-compete clauses, as protection in case they are lured into switching sides as our former union president has done. No NFL coach ever drafted a player so that both teams could benefit and better understand each other, they are recruited to win the game against that former team, period. Likewise the company does not recruit the former union president by accident or mutual understanding, its strategy. Don't confuse playing the game with good sportsman-like conduct in support of common business and prosperity goals, with the requirement to only play for one side. Good men we all love and favor fall subject to this manipulation, often without their knowledge, and it is not a betrayal of their friendship to oppose them when they switch sides. If we did not love and trust them, they would not have been chosen and lured to the other side in the first place. The deception by the drafted player is not made at a conscious level, it's just human nature and it's all about money and power which corrupts our ability to be objective and loyal to two masters. This is why our court system created the defense attorney, and why our military created counter intelligence. Its strategy and its propaganda, and it works, and that's why the "powers to be" manipulate the chess pieces by sometimes changing their colors. Some players know they are being manipulated when their color is changed, but it brings them more money and power so they do not care. The rest have good intentions but do not even realize they are being manipulated. This tactic is also known by another name, Divide and Conquer. In battle sending an imperfect message with an imperfect team is obviously not ideal, but it's still being sent by YOUR team, your union leader, a leader that has common goals and common rewards with you, they are the best, because we have elected them to do a job for us. If you are not backing Moffett but believing the spin by those that have recently switched sides, you are taking food out of your own mouth. Showing unity and backing an imperfect situation still results in taking just as much ground, it's about unity and bargaining power. It's not necessary to wait around for that perfect attack because it will never come, the company will spin and attempt to destroy anyone that gets in their way. Ultimately it's not about any specific attack anyway, ASAP or whatever it makes no difference, it is and always has been only about power. If this company cared about safety it would not build pairings with 8 hour overnights, come on, are you that naive? Besides, do you really think Hoffa cares, no, he got a call from corporate America and was squeezed into denouncing Moffett. If he didn't they would spin the safety card against him and the Teamsters National with implication for truckers, future contracts, insurance rates etc...saying something like the Teamsters use safety as a bargaining chip, blah blah blah... Do you really think any pilot is going to do something unsafe for the contract, absolutely not, the only ones threatening safety here is the company with reduced rest, fatigue, and poverty. Do you not find it odd that Hoffa and the Teamsters are opposing a Teamster president publicly? Would the Teamsters National not normally support and work with one of their own? Why did they not sit down and help him strategize, correct any mistakes, and charge ahead? Would the Teamsters National not normally support and leverage a contract for all those pilots that have been paying Teamster dues, isn't that why we have all been paying Teamster dues in the first place? I sure haven't been paying dues so that the Teamsters National could come along and write this kind of an article undercutting our union leader and our unity. Whose side is the Teamsters National really on, it's obviously not the Republic pilots side.
No matter what Moffatt does the company is going to spin it like he is the terrorist and brainwash people like you into believing it, wake up, back your players that are trying to change things for you and your livelihood. Where has Hoffa been for the last 6 years, except collecting our dues. Seriously, do you really think an FO going for upgrade, signed off by a checkairman ready for the upgrade, who then fails, is not even capable of returning as a First Officer.
whoa!