Manufacturing & Technology

Chrysler seeks tax incentives on Kokomo plant

December 14, 2012
Associated Press
Chrysler Group LLC is seeking tax incentives for its transmission plant in Kokomo at the same time it's asking Tipton County officials for similar incentives on a vacant plant.
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Remy rises in first day of trading on NASDAQ exchange

December 13, 2012
Shares of the Pendleton-based company opened Thursday at $15.85 each and climbed to $16.50 by the end of the day. The stock had previously been listed on the thinly traded pink sheets.
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Cummins to buy back up to $1B in stock

December 11, 2012
Associated Press
Cummins Inc. said Tuesday that its board approved the repurchase of up to $1 billion in stock. The Columbus-based engine maker said it has nearly completed its previous $1 billion buyback plan authorized in February 2011.
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UPDATE: Chrysler may find use for vacant Tipton plant

December 11, 2012
 IBJ Staff and Associated Press
The automaker has requested incentives to launch production in a nearly 800,000-square-foot plant that's been vacant since being built four years ago.
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Cheerleading CEO to become chief at Herff Jones

December 11, 2012
Kathleen McLaughlin
The founder of a cheerleading-supply company will become the next CEO of Indianapolis-based Herff Jones Inc., one of the city's largest private companies.
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Honda unveils 2013 CivicRestricted Content

December 8, 2012
Compact car made in Greensburg usually gets rave reviews from critics, but last year's model was slammed for poor handling and a 'cheap' interior.
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Yogurt bares all, but container is recyclableRestricted Content

December 8, 2012
Company descended from Ball Corp. making recyclable glass packaging for product typically found in plastic.
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Japanese automakers help drive economyRestricted Content

December 8, 2012
Dan Human
A deal struck 25 years ago brought Subaru-Isuzu to Indiana. Toyota followed in 1996, and Honda came in 2008. The three Japanese automakers now collectively employ 10,000 and support thousands more jobs at suppliers across the state.
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Tax software upstart proves appeal to major companiesRestricted Content

December 8, 2012
Chris O'Malley
AppealTrack's simplicity gains attention in growing market for firms managing property tax appeals.
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Indiana county giving $50 million boost to food company

December 6, 2012
Associated Press
The Wayne County Council on Wednesday approved a $50 million bond issue as part of Sugar Creek Packing Co.'s plans to expand and refurbish the former Really Cool Foods plant near Cambridge City.
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Subaru still considering Indiana plant expansion

December 5, 2012
Bloomberg News
Fuji Heavy Industries Ltd.’s Subaru unit is studying whether to expand its Indiana auto-assembly plant as the Toyota Motor Corp. affiliate seeks to boost U.S. output to curb currency losses and meet growing demand for its models.
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Slinky maker hoping to purchase bankrupt Fundex

December 4, 2012
Scott Olson
Plainfield-based Fundex Games Ltd., which filed for bankruptcy protection in September, said Poof-Slinky Inc. is the only potential purchaser that has shown interest in acquiring the company's assets.
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Manufacturer of pet supplies adding 80 jobs in Indiana

December 4, 2012
Rockville-based Scott Pet Products Inc. announced Tuesday morning that it plans to relocate its manufacturing and distribution operations in Tishomingo, Okla., to Newport in western Indiana, creating up to 80 jobs by 2014.
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CONOVER: Manufacturing still drives Indiana's economyRestricted Content

December 1, 2012
Jerry Conover
It’s no secret that Indiana’s factory workers took more lumps during the Great Recession than workers in other sectors, with nearly 120,000 losing their jobs. Indeed, from the state’s manufacturing employment peak at the start of the century, our factories had shed a quarter million jobs by the recession’s end.
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Indiana manufacturers struggling with fuel economy standardsRestricted Content

December 1, 2012
Dan Human
Automakers and suppliers are pumping more money into research and development at a time many of their sales departments struggle with a slowing global economy.
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BrightPoint buyer Ingram Micro mulls cost-cuttingRestricted Content

December 1, 2012
Dan Human
A top BrightPoint Inc. executive expects little employment change for the distribution and logistics company’s 1,100-person central Indiana work force, despite the potential for job cuts and facility closings across the country.
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Data center N/Frame spending more on Carmel upgradeRestricted Content

December 1, 2012
Chris O'Malley
The company that hosts outsourced computer operations is dramatically boosting its investment in its local operation.
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Auto parts supplier expanding Indiana operations

November 30, 2012
Associated Press
Tenneco Inc. plans on spending $18.5 million to expand its northeastern Indiana operations after winning a contract to supply emission-control parts to Chrysler. The manufacturer said it will hire an additional 100 workers.
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Honda gets a makeover, revamps Civic to fix flaws

November 29, 2012
Associated Press
Just 19 months after its Civic compact, which is manufactured in Greensburg, hit showrooms and was slammed by critics, Honda has revamped the car, giving it a sportier look and upgrading the interior.
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Allison Transmission workers approve labor contracts

November 29, 2012
Dan Human
More than 1,500 hourly workers in Indianapolis ratified new five-year contracts, the automotive supplier announced Thursday.
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Insurance software firm cutting 23 local jobs

November 28, 2012
Washington-based Vertafore Inc., a developer of insurance software, said it will begin layoffs at its Indianapolis office Jan. 31.
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Iron ore processor plans $350M Indiana project

November 27, 2012
 IBJ Staff
A Minnesota-based mining company plans to spend as much as $350 million to build a iron ore pellet plant in Indiana, creating up to 100 jobs by 2015, the company announced Tuesday morning.
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IU researchers help address software security issues

November 26, 2012
Associated Press
Researchers from Indiana University's Pervasive Technology Institute will serve as collaborating partners on a major grant from the U.S. Department of Homeland Security to address vulnerabilities arising during the process of software development.
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Glass factory's safety under state's lens yet againRestricted Content

November 24, 2012
Dan Human
Union leaders say working conditions are improving at the Pilkington glass factory in Shelbyville, but an employee’s injury in October has led to another visit from state safety officials and possibly more fines.
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Hostess, union unsuccessful in court-ordered mediation

November 20, 2012
Associated Press
The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union. As a result, Hostess plans to continue with a hearing on Wednesday in which a bankruptcy court judge will decide if the company can close its operations.
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