Manufacturing & Technology
Telecommunications companies push bill to defend turf from state network
February 11, 2012
The new law would prevent the I-Light data network from straying beyond its stated mission of serving the state’s colleges
and universities.
MoreBloomington touting tech jobs
February 11, 2012
IBJ StaffThe state's technology industry doesn't march in lockstep when it comes to attracting top talent.
MoreChaCha apologizing for 'inflammatory' answers
February 9, 2012
IBJ StaffCarmel-based ChaCha Search Inc., a question-and-answer service for mobile phone and online users, is apologizing for providing
what it calls "inflammatory answers to questions asked about sensitive subjects."
MoreLocal manufacturer tapped for trade mission to Russia
February 9, 2012
Kathleen McLaughlinHoosier Gasket Corp. hopes to land more business in Russia, where a growing middle class and new financing options are fueling
the automotive market.
MoreRolls-Royce's profits in line with expectations
February 9, 2012
IBJ Staff and Bloomberg NewsRolls-Royce Holdings Plc, the world’s second-largest aircraft-engine maker, said profit rose in line with estimates,
buoyed by a backlog of orders from Boeing Co. and Airbus SAS.
MoreToyota plans to add 400 jobs in southwest Indiana
February 8, 2012
IBJ Staff and Bloomberg NewsToyota Motor Corp. said Wednesday afternoon it would add 400 jobs in Princeton after consolidating production of its Highlander
mid-size SUV.
MoreManufacturing plant closing in northwest Indiana
February 6, 2012
Newnan, Ga.-based Bon L. Manufacturing Co. is set to close its facility in Kentland by mid-June, throwing 146 employees out
of work.
MorePurdue eyes millions in revenue from tech licenses
February 4, 2012
Associated PressCompanies looking to license and crunch massive amounts of data as part of their product development are turning to Purdue
University for help.
MoreSpeedway oil re-refinery begins production
February 4, 2012
IBJ StaffIllinois-based Heritage-Crystal Clean says its refinery here is the second largest in the U.S.
MoreStout's Shoes expects website to become its largest 'store'
February 4, 2012
Sam StallAfter years of failed attempts to create a viable Web presence, Stout's Shoes has finally plunged into cyberspace using the
route experts say many small companies follow: giving the job to a young, tech-savvy family member with an aptitude for social
media.
MoreTechies aim to make money from memories
February 4, 2012
Chris O'MalleyTwo DePauw University graduates are launching a website they hope will preserve the world’s memories, through a virtual
bank of shared experiences.
MoreMini Thin maker agrees to $1M bankruptcy settlement
February 4, 2012
Kathleen McLaughlinCarmel resident Richard Deer, who built a business around Mini Thin dietary supplements, has agreed to pay $1 million in his
company’s bankruptcy case.
MoreDeveloperTown sees sale of first company it helped fund, coach
February 4, 2012
Chris O'MalleyDaily Lunch Deal sold last month after just a year in business, marking a milestone for its venture-firm mentor.
MoreCummins posts record results for quarter, 2011
February 2, 2012
Kathleen McLaughlinColumbus-based diesel engine maker Cummins Inc. reported record results for 2011, earning $1.85 billion on revenue of $18
billion.
MoreBrightpoint posts record revenue for 2011
February 1, 2012
Kathleen McLaughlinThe Indianapolis-based provider of logistics services to the wireless-phone industry said it earned $48.8 million on revenue
of $5.24 billion last year.
MorePurdue's tech transfer office ranks No. 6 nationally
January 28, 2012
IBJ StaffPurdue tied with Johns Hopkins and ahead of Cal Tech, Carnegie Mellon University and the University of Michigan.
MoreMira Awards adds category to recognize IT services firms
January 28, 2012
IBJ StaffNominations for the awards program, which is a program of TechPoint, are due Feb. 21.
MoreExactTarget's IPO plan could draw out suitors
January 28, 2012
Greg AndrewsFirms pursuing IPOs simultaneously investigate the possibility of a sale as a matter of course, in part because doing so helps
investment bankers assess how they should price shares if they pull the trigger on an offering.
MoreLotion maker relocating operations to Indianapolis
January 27, 2012
Scott OlsonIndianapolis-based New Sunshine, which is owned by a group led by former Conseco Inc. CEO Stephen Hilbert, said it will add
180 jobs by moving a manufacturing facility from Tempe, Ariz.
MoreSocial media to play big role in Super Bowl
January 25, 2012
Scott OlsonA social media command center will monitor the digital fan conversation via Facebook, Twitter and other platforms, and respond
to visitors who need assistance.
MoreIndiana deals ranged upward of $800 million
January 21, 2012
Mergers and acquisitions in 2011 ranged from WellPoint's acquisition of CareMore to a trucking company merger.
MoreIndianapolis-area mergers and acquisitions in 2011
January 21, 2012
A number of acquisitions last year disclosed no sale price. In the Indianapolis area, those deals ranged from MacAllister
Machinery's purchase of a Caterpillar dealership in Michigan to Herff Jones' acquisition of a Memphis, Tenn.-headquartered
maker of cheerleading uniforms.
MoreBill aims to lift upside for 21st Century fund
January 21, 2012
Kathleen McLaughlinRepublican State Sen. Brent Waltz has filed a bill that would require the Indiana Economic Development Corp. and businesses
seeking awards from the 21st Century fund to match the state’s money with outside capital at a four-to-one ratio.
MoreToyota's Columbus plant named among magazine's top 10
January 21, 2012
IBJ StaffIndustry Week will honor the Indiana factory and others from across the country at an April conference in Indianapolis.
MoreFrench breast-implant recall could sway U.S. device debate
January 19, 2012
Bloomberg NewsU.S. medical device makers have spent the last year urging government officials to approve high-risk products faster, like
their European counterparts. A scandal over leaking breast implants made in France, however, may make the argument more difficult.
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Members must realize if you stop paying your dues you will lose. Why else would your employer honor the rtw bill. Before you take this step think about what you may be giving up in the long run. Very little of your dues money goes to any dem candidate. YOu will never know how much your republican employer gives his party with money he could be paying the employee. Who will step up and demand better wages or benefits if you have no representation. Union is the way for a better life. Our carpenter union offers a 4 year apprenticeship and 2 year degree from Ivy Tech all paid for with union dues . This is a great opportunity for kids who cant afford schooling after high school. The same opportunity is there for any person,any age, either sex to provide a better living for their family. Pension, anuity, health insurance all for your dues. How is this a bad choice.
The FDIC is funded by assessments paid by banks, not taxpayers. That is not to say that bank customers don't ultimately pay the cost because, in the end, banks don't survive if they don't make profits.
SCB Bank's failure is expected to cost the government $33.9 million,dont you mean middle class another bailout our government has no money
Diogenes, the company did not call "pro-life" statements inflammatory. The IBJ article used the words "pro life."
All, the company did, is what it should do which is apologize profusely for offending people with a program that offered statements that support an infamous apartheid proponent, Dr. Verwoerd, suggest that sometimes rape is justified, and quote Biblical text to people, not looking for it.
If this is what you think is "insanity" then more companies need to behave insanely.
I totally disagree with $45mil being given to the state Attorney General's office. That money is a waste. All of the money should go to help the homeowners & the people who were foreclosed on. Why such a big percentage to state govt? They'll get to start another agency staffed with people who have new-found power & don't care about the people they serve. As soon as the program was announced, I knew the states would end up with a huge chunk of the money for themselves that would just be squandered. Or maybe Mitch Daniels will just happen to "find" another big chunk of money that was "posted in the wrong section of the state's books."