Manufacturing & Technology

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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Are new, low-cost laptops good for business?Restricted Content

May 25, 2009
Tim Altom
Today, there are some small "notebook" machines on the market that mock the high prices of their bigger siblings. These can be had for $200 to $400, and have enough features to make them real business tools if you're not too demanding.
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Let there be LED lightRestricted Content

May 25, 2009
Westfield-based Green Illuminating Systems sees a bright future in LED lighting as a way to reduce electricity consumption.
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Audiovox cranking out digital antennas as consumers prepare for changeoverRestricted Content

May 18, 2009
Marc D. Allan
The biggest remnant of the former Thomson consumer electronics operation in Carmel is cashing in on the digital TV transition with a higher-tech version of the rabbit ears.
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Manufacturers to help pay for TV, computer recyclingRestricted Content

May 18, 2009
The Indiana Recycling Coalition scored big in the just-concluded session of the Indiana General Assembly with the passage of House Bill 1589, which requires that electronics manufacturers help pay for recycling of their old televisions and computer monitors.
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Audiovox sees gains in antenna salesRestricted Content

May 18, 2009
The electronics accessories unit of Audiovox Corp. in Carmel is gaining from the rise in antenna sales ahead of the June 12 switch to all-digital TV broadcasting.
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TV talent shows teach recruiting lessonsRestricted Content

May 11, 2009
Tim Altom
My stony heart melted when Susan Boyle got a spontaneous, thunderous standing ovation from the skeptical crowd at "Britain's Got Talent," the latest United Kingdom contribution to the TV talent show genre.
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Powerway finds its WaypointRestricted Content

May 11, 2009
Back when the automakers were on a roll, Powerway Inc. looked so promising that a public offering seemed around the bend. Now Powerway itself is gone—at least in name.
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Allison Transmission invests in British engineering firmRestricted Content

May 4, 2009
Kathleen McLaughlin
Though plagued by debt, Allison Transmission recently plowed millions of dollars into experimental technology that could lead to new products.
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Critics: Tax hike 'defies logic'Restricted Content

May 4, 2009
Peter Schnitzler
Critics say the Legislature's plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial burden on already ailing businesses with the least ability to pay.
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Redefining community in virtual and political realityRestricted Content

April 27, 2009
Bruce Hetrick
Last week, I made a presentation about social media to several hundred people at a Carmel Chamber of Commerce luncheon. We talked about Facebook and Twitter, YouTube and Flickr, LinkedIn, blogging and more. I didn't answer the "how-to" question. I answered the "whether-to" question. With some important cautions, my answer was "yes."
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Let us bow our heads and text in unisonRestricted Content

April 27, 2009
Tim Altom
A friend of mine is a minister and an expert on church management and growth. During one of our discussions, it struck me how much starting and running a church is very like running a business. There are the same problems with morale, with retention, with site selection, finance, marketing and growth pains. And with technology.
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Blogging is no longer optional for entrepreneursRestricted Content

April 27, 2009
Lorraine Ball
In 2009, blogging is not optional. If you have a business, you must have a Web site. If you have a Web site, you must have a blog!
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ChaCha co-founder dancing to different drumRestricted Content

April 27, 2009
Chris O'Malley
ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which is struggling to turn a profit in a dismal advertising climate, but he hasn't left. "Brad is still engaged with the company as a director, co-founder and consultant," said co-founder and CEO Scott Jones.
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Defense budget overhaul could give local Rolls-Royce plant a boostRestricted Content

April 27, 2009
Kathleen McLaughlin
While military contractors scramble to protect big projects from Defense Secretary Robert Gates' budgetary ax, Indianapolis engine-maker Rolls-Royce is sitting pretty.
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Exports rise despite recessionRestricted Content

April 20, 2009
Chris O'Malley
Indiana's growing shipments to China averts a reversal in exports for the state, but core transportation equipment takes a hit.
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De-manufacturing can save resourcesRestricted Content

April 20, 2009
Tom Henderson
An industrywide bar-code identification system should be developed so that component objects used in manufacturing can be easily devolved and reused.
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Omnicity seeks financial turnaround, has 28 acquisitions in mind

April 13, 2009
Chris O'Malley
Dick Beltzhoover, a private investor in Omnicity Corp., a Carmel-based wireless broadband provider, has quietly taken the company public and has lofty plans to expand nationwide.
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Prolonged woes reshape Connersville, city once known as 'Little Detroit'Restricted Content

April 13, 2009
Kathleen McLaughlin
With economists predicting the statewide unemployment average will reach 10 percent this year, the experience of a hard-hit city like Connersville offers a glimpse of what lies ahead for other manufacturing-reliant Hoosier communities.
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Quality-control firm launches after key player foldsRestricted Content

April 13, 2009
Kathleen McLaughlin
Entrepreneur Steven J. Cage has launched a new quality-control business after the one he built into an industry leader shuttered suddenly.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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