Manufacturing & Technology

Lilly software spinoff Maaguzi sells for $11 millionRestricted Content

August 3, 2009
Chris O'Malley
Investors in a company built around clinical research software bought from Eli Lilly and Co. have found their exit, though it’s far from the lucrative payoff they’d once imagined.
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Mobile search engine faces test

August 3, 2009
 IBJ Staff
ChaCha Search, the increasingly popular creation of serial inventor Scott Jones, was bombarded last month after early reports that Michael Jackson had died.
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Cummins' stock rises despite lower revenue, profit

July 30, 2009
Cummins Inc.'s stock jumped more than 6 percent in morning trading after its quarterly results beat analyst estimates.
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Muncie manufacturer Duffy calling it quits

July 30, 2009
Duffy Tool & Stamping LLC in Muncie has notified the Indiana Department of Workforce Development that the company will close its plant by the end of October. Roughly 130 workers will lose their jobs as a result of the closure, Duffy said in its July 27 filing.
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Carbon Motors chooses Connersville

July 29, 2009
 IBJ Staff
Carbon Motors this morning officially selected Connersville for its proposed headquarters and manufacturing operations.
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UPDATE: Carbon Motors chooses Indiana

July 29, 2009
Carbon Motors this morning officially selected Connersville for its proposed headquarters and manufacturing operations.
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Carbon Motors has chosen Indiana, official says

July 29, 2009
Scott Olson
A rally this morning in Connersville originally intended to help persuade a police car manufacturer to locate a major factory there appears to be a celebration party.
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125 workers at Indianapolis GM plant take buyout offer

July 27, 2009
Kathleen McLaughlin
More than 125 people at General Motors Corp.’s metal-stamping plant in Indianapolis have signed up for buyouts or early-retirement packages that are worth as much as $115,000 in cash per worker, a union official said this morning.
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Time Factory will challenge Shutterfly, Flickr for Web photo marketRestricted Content

July 27, 2009
Chris O'Malley
Indianapolis calendar publisher Time Factory Publishing is launching a Website to compete with photo sharing and publishing sites Shutterfly and Flickr.
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Battered manufacturing towns hungry for food processorsRestricted Content

July 27, 2009
Kathleen McLaughlin
Economic development officials like the stability of the food business, though wages typically are mediocre.
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Health care marketers taking the pulse of consumers' online habitsRestricted Content

July 20, 2009
Christina Galoozis
Health care marketers can adapt to, and even use to their advantage, the online search habits of consumers. Understanding when and why people search for specific health-related terms is vital to attracting more visitors (i.e. patients) to a Web site.
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ALTOM: Technology moves too fast for law to keep upRestricted Content

July 20, 2009
Tim Altom
Technologists don’t usually give the law a basketful of respect. From our point of view, the law is struggling frantically to stay within a hundred yards of our bleeding edge. By the time the law gets around to speaking on a technical subject, the subject may not even exist anymore.
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Automotive industry's fall dilutes manufacturing jobsRestricted Content

July 20, 2009
 IBJ Staff
The fact that Indiana is shedding manufacturing jobs is well-known, but you can thank a neighbor to the north for keeping track of every last one. The Milwaukee Journal-Sentinel reported recently that Wisconsin had taken the top spot, ahead of Indiana, in terms of the portion of employment in manufacturing—15.6 percent, versus Hoosiers’ 15.4 percent.
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Brightpoint prices offering of 15 million shares

July 16, 2009
Scott Olson
Wireless device distributor Brightpoint Inc. said today it has priced 15 million shares of a previously announced stock offering at $5 each.
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Connersville a finalist for police-cruiser plant

July 15, 2009
 IBJ Staff
Connersville is among three finalists in the running to produce a new police cruiser that runs on clean diesel and biodiesel technology.
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Interactive Intelligence expects higher profit

July 14, 2009
Interactive Intelligence said yesterday it expects a profit of between $1.8 million and $2.5 million in the second quarter, up from $845,000 the company earned in the same period last year.
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Brightpoint's Danish deal not so sweet two years laterRestricted Content

July 13, 2009
Greg Andrews
The cross-continent mega deal that made Brightpoint Inc. the world’s biggest wireless phone distributor has lost much of its sheen two years after being struck. Brightpoint Inc. in August 2007 purchased Denmark-based Dangaard Telecom for $385 million in stock and the assumption of $350 million in Dangaard debt.
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Brightpoint shareholder selling shares

July 13, 2009
Scott Olson
Brightpoint Inc. said this morning shareholder NC Telecom Holding A/S would sell 15 million common shares in a public offering.
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Natural-gas car proposal could boost Greensburg Honda plant

July 9, 2009
 IBJ Staff and Associated Press
Hoping to spur alternative vehicles, lawmakers want to double the size of tax breaks on cars that run on natural gas. That could be good news for Indiana, where Honda Motor Corp. produces the natural-gas-powered Civic GX in Greensburg.
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Carmel tech firm takes coupons into digital eraRestricted Content

July 6, 2009
Chris O'Malley
Carmel-based mobile marketer Tetherball has deployed a program using a radio frequency identification device that can measure in detail to what extent customers redeem loyalty and rewards offers.
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Innovation is focus of tech summitRestricted Content

July 6, 2009
 IBJ Staff
The high holy day of Indiana's technology industry is getting a new theme this year. The TechPoint Tech Summit will this year be known as the TechPoint Innovation Summit, Sept. 28-29 at the Indiana Convention Center.
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Cummins sues insurers over $381M in flood claimsRestricted Content

June 29, 2009
Peter Schnitzler
Cummins Inc. is battling its insurers in court, saying they're refusing to pay most of the company's $381 million in claims stemming from the flood that immersed its southern Indiana facilities a year ago.
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ALTOM: Go above and beyond Google for Web searchesRestricted Content

June 22, 2009
Tim Altom
It's getting so you have to use a search engine on the Internet to find a search engine. There are now dozens, perhaps hundreds, many of them highly specialized.
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Anderson's abundant water supply makes city well-suited for Nestle, other food processorsRestricted Content

June 15, 2009
Kathleen McLaughlin
The city of Anderson soon will tap a new well to help accommodate demand from Nestle USA, which opened a Madison County plant in May 2008 producing bottled, flavored Nesquik and liquid Coffee-mate, a water-based creamer. The company already has launched an expansion slated for completion in 2011.
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Prosecutors see seedy side to seemingly tame industryRestricted Content

June 8, 2009
Greg Andrews
Current and former employees of Bloomington-based International Outsourcing Services LLC are under assault by federal prosecutors who charged they participated in a scheme to bilk some of the nation's largest issuers of coupons out of more than $250 million.
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  1. Why should I a home owner pay for this"car sharing" ????

  2. By the way, the right to work law is intended to prevent forced union membership, not as a way to keep workers in bondage as you make it sound, Italiano. If union leadership would spend all of their funding on the workers, who they are supposed to be representing, instead of trying to buy political favor and living lavish lifestyles as a result of the forced membership, this law would never had been necessary.

  3. Unions once served a noble purpose before greed and apathy took over. Now most unions are just as bad or even worse than the ills they sought to correct. I don't believe I have seen a positive comment posted by you. If you don't like the way things are done here, why do you live here? It would seem a more liberal environment like New York or California would suit you better?

  4. just to clear it up... Straight No Chaser is an a capella group that formed at IU. They've toured nationally typically doing a capella arangements of everything from Old Songbook Standards to current hits on the radio.

  5. This surprises you? Mayor Marine pulled the same crap whenhe levered the assets of the water co up by half a billion $$$ then he created his GRAFTER PROGRAM called REBUILDINDY. That program did not do anything for the Ratepayors Water Infrastructure Assets except encumber them and FORCE invitable higher water and sewer rates on Ratepayors to cover debt coverage on the dough he stole FROM THE PUBLIC TRUST. The guy is morally bankrupt to the average taxpayer and Ratepayor.

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