Manufacturing & Technology

Manufacturing activity sinks to 4-year low

June 3, 2013
Associated Press
Manufacturing has struggled this year as weak economies abroad have slowed U.S. exports. U.S. businesses have also reduced their pace of investment in areas such as equipment and computer software.
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Data-hosting firm Axia to add up to 45 jobs

May 29, 2013
The Indianapolis-based company will invest $2.8 million to expand its downtown headquarters and open a data center in Columbus, Ind.
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Indy startup sees green in cheaper 3D printing

May 25, 2013
Dan Human
Launched in January, 3D Parts Manufacturing joined a recent surge in rapid prototyping and additive manufacturing operations known as 3D printers. Rather than screwing and gluing parts together, operators plug digital designs into machines that shape plastic and metal powders from the bottom up, one microscopic level at a time.
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Three former executives sue Carbon Motors over pay

May 22, 2013
Associated Press
Executive vice presidents of a company that planned to build high-tech police cars at an eastern Indiana factory are seeking more than $600,000 in deferred wages.
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Indiana ambulance plant with 165 workers closing

May 22, 2013
Associated Press
The decision to close the Elkhart factory comes two weeks after Allied Specialty Vehicles bought SJC Industries. Production will be moved to a Florida factory in the coming months.
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Work stops on Greenwood pharmaceutical plant

May 20, 2013
 IBJ Staff and Associated Press
Greenwood officials three years ago approved $8.4 million of incentives for the Elona Biotechnologies project, including the construction loan.
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Report: Roche mulls sale of blood-glucose monitor business

May 17, 2013
J.K. Wall
Roche 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.
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New owner shutting down 520-worker Indiana plant

May 17, 2013
Associated Press
Allied 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.
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Aerospace company plans central Indiana factory expansion

May 16, 2013
Associated Press
L&E Engineering Co. officials say the company will spend $3.7 million to expand its Greenwood factory and add about 40 employees.
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Bloomington manufacturer closing, laying off 72

May 15, 2013
 IBJ Staff
Hartmann 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.
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Manufacturer planning expansion, 100 jobs in Boone County

May 13, 2013
 IBJ Staff
CNH Parts & Service, the product-support division of international manufacturing giant CNH Global NV, plans a $13.3 million expansion in Lebanon.
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Slingshot is shifting aim away from SEO

May 11, 2013
Dan Human
After 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.
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nFrame data center to get new identityRestricted Content

May 11, 2013
The change to the Expedient moniker is not expected to affect the center's 40 employees and 300 customers.
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Broad Ripple telecom firm plans big growth, 183 jobs

May 10, 2013
Mason King
Founded 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.
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Subaru to invest $400M in Lafayette plant, hire 900

May 8, 2013
 IBJ Staff, Associated Press
The 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.
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Subaru planning major expansion in Indiana

May 7, 2013
 IBJ Staff and Associated Press
Subaru 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.
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Indiana firms lose ground on Fortune 500 list

May 7, 2013
Mason King
Five 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.
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Entrepreneurs vie for invites to reality TV summer camp

May 4, 2013
Dan Human
Twelve 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.
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Rolls-Royce to produce engines for new reconnaissance copter

April 30, 2013
Mason King
Indianapolis manufacturing operations will provide cutting-edge engines for the latest generation of helicopter drones to be used by the U.S. Navy.
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International Paper to fold local plant, laying off 91

April 30, 2013
Mason King
The shutdown is the latest in a recent string of layoffs and closures by the global company in its Indiana operations.
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Cummins earnings widely miss predictions

April 30, 2013
 IBJ Staff
The 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.
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Hostess to open bakery in Indianapolis

April 29, 2013
Associated Press
Hostess 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.
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Venture capital favoring later-stage firmsRestricted Content

April 27, 2013
Dan Human
Getting $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.
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Dow AgroSciences grows sales, earnings to new heights

April 25, 2013
Mason King, Bloomberg News
Record sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences LLC in its new fiscal year.
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Brown, Interactive Intelligence among Mira winners

April 20, 2013
 IBJ Staff
BidPal picked up two awards at TechPoint's annual event, which drew 1,000 to the JW Marriott downtown Saturday night.
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