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Manufacturing & Technology
Work stops on Greenwood pharmaceutical plant
May 20, 2013
IBJ Staff and Associated PressGreenwood officials three years ago approved $8.4 million of incentives for the Elona Biotechnologies project, including the
construction loan.
MoreReport: Roche mulls sale of blood-glucose monitor business
May 17, 2013
J.K. WallRoche Diagnostics Corp. is considering a sale of its blood-glucose meter business, a move that would cast uncertainty over
the nearly 1,000 people working for its diabetes business in Indianapolis.
MoreNew owner shutting down 520-worker Indiana plant
May 17, 2013
Associated PressAllied Specialty Vehicles announced Thursday it was buying Monaco RV and shifting production to a factory in Decatur, near
Fort Wayne. The 520 jobs lost in Wakarusa won't be replaced on a one-to-one basis.
MoreAerospace company plans central Indiana factory expansion
May 16, 2013
Associated PressL&E Engineering Co. officials say the company will spend $3.7 million to expand its Greenwood factory and add about 40
employees.
MoreBloomington manufacturer closing, laying off 72
May 15, 2013
IBJ StaffHartmann USA said Wednesday that it will move the Bloomington operations to its U.S. headquarters in Rock Hill, S.C., where
it plans an $18 million expansion.
MoreManufacturer planning expansion, 100 jobs in Boone County
May 13, 2013
IBJ StaffCNH Parts & Service, the product-support division of international manufacturing giant CNH Global NV, plans a $13.3 million
expansion in Lebanon.
MoreSlingshot is shifting aim away from SEO
May 11, 2013
Dan HumanAfter Google cracked down on some of the tools companies were using to improve their positions in search results, Indianapolis-based
Slingshot SEO opted to launch a sister brand called Digital Relevance that will focus on earning media attention.
MorenFrame data center to get new identity
May 11, 2013
The change to the Expedient moniker is not expected to affect the center's 40 employees and 300 customers.
MoreBroad Ripple telecom firm plans big growth, 183 jobs
May 10, 2013
Mason KingFounded in 2007 by Purdue University students, Weeks Communications has established a new headquarters in Broad Ripple and
plans to invest $4.1 million as it aggressively hires new employees.
MoreSubaru to invest $400M in Lafayette plant, hire 900
May 8, 2013
IBJ Staff, Associated PressThe Japanese car maker already employs about 3,600 people at the plant and builds the Legacy and Outback cars and the Tribeca
SUV. With the new investment, it will boost capacity by 100,000 cars and begin making the Impreza.
MoreSubaru planning major expansion in Indiana
May 7, 2013
IBJ Staff and Associated PressSubaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed
on the matter says.
MoreIndiana firms lose ground on Fortune 500 list
May 7, 2013
Mason KingFive of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year's list of the largest
U.S. companies.
MoreEntrepreneurs vie for invites to reality TV summer camp
May 4, 2013
Dan HumanTwelve lucky entrepreneurs chosen from hundreds of applicants will spend two months this summer in a luxury facility working
on bringing new business ideas to market.
MoreRolls-Royce to produce engines for new reconnaissance copter
April 30, 2013
Mason KingIndianapolis manufacturing operations will provide cutting-edge engines for the latest generation of helicopter drones to
be used by the U.S. Navy.
MoreInternational Paper to fold local plant, laying off 91
April 30, 2013
Mason KingThe shutdown is the latest in a recent string of layoffs and closures by the global company in its Indiana operations.
MoreCummins earnings widely miss predictions
April 30, 2013
IBJ StaffThe Indiana-based engine maker announced a larger-than-expected drop in quarterly profit Tuesday morning, as revenue fell
12 percent on weak demand for its products in domestic and international markets.
MoreHostess to open bakery in Indianapolis
April 29, 2013
Associated PressHostess Brands LLC said Monday that it will open bakeries in Indiana and Illinois, following announcements last week that
it will reopen bakeries in Georgia and Kansas in its effort to bring back some of its snack brands.
MoreVenture capital favoring later-stage firms
April 27, 2013
Dan HumanGetting $50,000—often from friends and relatives—to develop a product and set up a company still is easy enough
in Indiana, small-business leaders and venture capitalists say. But once a firm needs a few million dollars to grow into a
revenue-generating operation, the area can’t compete with Silicon Valley’s magnetism for venture capital.
MoreDow AgroSciences grows sales, earnings to new heights
April 25, 2013
Mason King, Bloomberg NewsRecord sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences
LLC in its new fiscal year.
MoreBrown, Interactive Intelligence among Mira winners
April 20, 2013
IBJ StaffBidPal picked up two awards at TechPoint's annual event, which drew 1,000 to the JW Marriott downtown Saturday night.
MoreExecs at Chromcraft Revington enter talks to buy firm
April 19, 2013
IBJ StaffMembers of the management team are in negotiations to buy the West Lafayette-based furniture maker, which recently moved to
delist from the New York Stock Exchange.
MoreGrand Design RV plans 500 jobs in Elkhart County
April 18, 2013
Associated PressGrand Design RV in Middlebury on Thursday said it plans to locate its headquarters and manufacturing operations in the Elkhart
County town about 30 miles east of South Bend.
MoreLilly's $30.6M tax abatement request clears hurdle
April 18, 2013
IBJ StaffThe pharmaceutical firm has $400 million in projects in the works for its facilities south of downtown. City officials have
advanced its request for tax breaks to a public hearing and final consideration May 1.
MoreLafayette key to Subaru ending dealer shortages, exec says
April 18, 2013
Bloomberg NewsFuji Heavy Industries Ltd., the Japanese maker of Subaru cars, intends to end a shortage of its vehicles at U.S. dealerships
soon by expanding capacity at its Lafayette plant.
MoreAllison expects 50-percent drop in quarterly earnings
April 15, 2013
Associated PressThe Indianapolis-based transmissions manufacturer said its profit would be hurt by a steep drop in revenue in the first quarter.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.