Manufacturing & Technology

Caterpillar chief: Indiana growing more competitive

September 16, 2014
Norm Heikens
CEO Doug Oberhelman said Tuesday that government overhauls and an aggressive economic development policy have made the state among the most attractive for investment.
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Toyota adding 180 jobs at Indiana factory

September 16, 2014
Associated Press
Strong sales for the Highlander and Sequoia SUVs as well as Sienna minivans have boosted production at the 4,700-worker factory near Princeton.
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Cummins selects firm to design downtown office building

September 16, 2014
Scott Olson
The firm has chosen New York-based Deborah Berke Partners to design its $30 million global distribution headquarters that will be built on part of the site where Market Square Arena once stood.
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Bloomington inventor's game explores origins of life

September 14, 2014
Associated Press
Mark White's newest invention is a 3D board game called "Mutation," a clicking, clacking puzzle ball. It's best described as tic-tac-toe on the surface of a sphere.
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Crowdfunding site Localstake sees surge in deals

September 13, 2014
Jared Council
The seven-employee Indianapolis firm launched in June 2013, raising funds for two companies in its first six months. Over the following eight months, it brokered funding for eight companies and has eight in queue.
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Remy to spend $32M to settle patent lawsuit

September 12, 2014
Jeff Newman
Pendleton-based Remy International Inc. has agreed to pay $32 million to settle a patent lawsuit with an Italian manufacturer that was filed in 2008, the company announced late Thursday.
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Lilly execs make pitch for local preschool education

September 12, 2014
Jared Council
Eli Lilly and Co. executives on Friday repeated their plea to local businesses to support early childhood education, highlighting the work force development and crime-reduction benefits associated with the effort.
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Auto supplier plans $73.5M plant in Boone County

September 12, 2014
 IBJ Staff
A Japanese auto-parts supplier plans to invest $73.5 million to build and equip a 151,000-square-foot manufacturing facility in the community of Jamestown, adding up to 195 jobs by 2017.
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Local lawyer among first to accept Bitcoin for services

September 10, 2014
Indiana Lawyer Staff, Dave Stafford
Intellectual property attorney Paul Overhauser's clients are often on the cutting edge of Internet technology, so he decided that in addition to dollars, he'll take digital dough.
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Renault teams with Bollore to promote electric cars

September 9, 2014
Bloomberg News
Renault SA is teaming up with French billionaire Vincent Bollore to make electric cars as the two struggle to establish a market for the emission-free vehicles, including one in Indianapolis.
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Harlan Bakeries plans $13M expansion in Avon

September 8, 2014
Jeff Newman
The company, one of Hendricks County's largest employers, said the expansion will help it retain 700 workers at its flagship plant
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Electrolux to buy GE Appliances in $3.3B deal

September 8, 2014
 Associated Press and IBJ Staff
The acquisition is the largest ever for Stockholm-based Electrolux, ranked as the world's second biggest home appliance maker after U.S. rival Whirlpool. Louisville-based GE Appliances has a long history in Indiana.
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Wabash National plans Frankfort factory, 100 jobs

September 5, 2014
Associated Press
Wabash National announced Friday that its new manufacturing complex in Frankfort, about 45 miles northwest of Indianapolis, will expand its Wabash Composites business.
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Strong European sales goose Hurco's quarterly results

September 5, 2014
Norm Heikens
The Indianapolis-based machine tool maker reported Friday morning that profit in the latest quarter shot up more than 400 percent as sales and fees increased 25 percent.
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Auto parts supplier plans Indiana factory, 253 jobs

September 3, 2014
 Associated Press and IBJ Staff
Tenneco Inc. announced Wednesday that work is underway preparing an existing 150,000-square-foot building in a Jeffersonville industrial park for the factory.
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RV industry leaders say rebound picking up speed

September 1, 2014
Associated Press
Key manufacturers and suppliers have announced recent expansions, the stock market is at an all-time high, and consumers are more confident in the future, industry leaders say.
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Smarter Remarketer gets $7M in fundingRestricted Content

August 30, 2014
Smarter Remarketer, an Indianapolis-based retail technology firm, said Aug. 27 that it has lined up $7 million in venture debt financing from Los Angeles-based City National Bank.
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Meat processing company plans new Indiana plant

August 28, 2014
Associated Press
The project by Boar's Head Meats includes an initial investment of $80 million to build a 150,000-square-foot building where up to 200 people will work.
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Customer service firm plans to hire 1,000 workers

August 27, 2014
Mason King
The new part-time and full-time jobs will pay in a range of $12 to $18 per hour, according to Boston-based Interactions Corp.
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U.S. durable goods orders show record surge

August 26, 2014
Associated Press
Business orders for long-lasting manufactured goods shot up by the largest amount on record in July. But most of the strength came from demand for commercial aircraft. Outside of transportation, orders dipped.
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Indianapolis homebuilder combines dashing design, prefabricated contructionRestricted Content

August 23, 2014
Sam Stall
Ursula David hopes her first manufactured home will catch on at other infill lots close to downtown.
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Toyota to expand Highlander production, add 300 workers

August 22, 2014
 IBJ Staff and Associated Press
Toyota Indiana on Friday said it plans to expand operations at its Princeton plant, about 150 miles southwest of Indianapolis, creating up to 300 jobs by 2016.
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Struggling Angie's List lays off 97 salespeople

August 22, 2014
Mason King
The consumer-review firm told federal regulators Friday that the move was "part of a focus on improving salesforce performance and productivity."
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'Bring your own device' creates privacy issues for employees

August 20, 2014
Marilyn Odendahl, Indiana Lawyer Staff
Companies are concerned about data security and access to mobile devices used for work. Employees want to keep prying eyes—including those of their employers—away from their personal business.
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Muncie packaging company to lay off 261 workers

August 17, 2014
 Associated Press and IBJ Staff
DIY Group packages products and displays for national manufacturers and retailers. The notice sent to the state cited the loss of a contract with Jarden Home Brands for the layoffs.
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  1. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  2. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

  3. Good try, Mr. Irwin, but I think we all know the primary motivation for pursuing legal action against the BMV is the HUGE FEES you and your firm expect to receive from the same people you claim to be helping ~ taxpayers! Almost all class action lawsuits end up with the victim receiving a pittance and the lawyers receiving a windfall.

  4. Fix the home life. We're not paying for your child to color, learn letters, numbers and possible self control. YOU raise your children...figure it out! We did. Then they'll do fine in elementary school. Weed out the idiots in public schools, send them well behaved kids (no one expects perfection) and watch what happens! Oh, and pray. A mom.

  5. To clarify, the system Cincinnati building is just a streetcar line which is the cheapest option for rail when you consider light rail (Denver, Portland, and Seattle.) The system (streetcar) that Cincy is building is for a downtown, not a city wide thing. With that said, I think the bus plan make sense and something I shouted to the rooftops about. Most cities with low density and low finances will opt for BRT as it makes more financial and logistical sense. If that route grows and finances are in place, then converting the line to a light rail system is easy as you already have the protected lanes in place. I do think however that Indy should build a streetcar system to connect different areas of downtown. This is the same thing that Tucson, Cincy, Kenosha WI, Portland, and Seattle have done. This allows for easy connections to downtown POI, and allows for more dense growth. Connecting the stadiums to the zoo, convention center, future transit center, and the mall would be one streetcar line that makes sense.

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