Manufacturing & Technology

UPDATE: Manufacturer plans $110M expansion, 329 jobs

May 29, 2014
Associated Press
Alcoa Howmet factory in LaPorte, which makes castings for the aerospace and industrial gas turbine industries, will receive local and state tax breaks in return for job commitments.
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Isotope maker plans $40M project in Noblesville

May 28, 2014
Andrea Muirragui Davis
Radiopharmaceuticals maker Zevacor Molecular plans to open a $40 million isotope-production facility in Noblesville, creating nearly 50 good-paying jobs within five years.
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Interactive's stock drop shows vagaries of Wall Street

May 24, 2014
Greg Andrews
The greater success Interactive Intelligence enjoys transitioning customers to the cloud, the greater the drag on short-term results.
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Upstart chip-maker wins space on shelves of local groceries

May 24, 2014
Dan Human
Mark McSweeney launched Broad Ripple Potato Chip Co. last year out of his existing business, a franchise of Great Harvest Bread Co.
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Automated systems provider expands downtown

May 22, 2014
Mason King
Open Control Systems LLC is investing $1.6 million to renovate, equip and lease 14,000 square feet of space over two buildings at 905 N. Capitol Ave.
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State courts to switch to e-filing system in 2015

May 22, 2014
Indiana Lawyer Staff, Dave Stafford
Officials soon will seek competitive bids for a single statewide e-filing manager. Paper records likely will be phased out so clerks won't be burdened with overseeing two filing methods.
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Tech firm ChaCha slices 28 of its 44 employees

May 19, 2014
Dan Human
The Carmel-based question-and-answer service cut its 18-month-old social media division, Social Reactor, after a rate algorithm change at Google slashed the division's revenue from advertising.
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AT&T aims for TV's future with $48.5B DirecTV deal

May 19, 2014
Associated Press
With 5.7 million U-verse TV customers and 20.3 million DirecTV customers in the U.S., the combined AT&T-DirecTV would become the second-largest pay TV operator behind a combined Comcast-Time Warner Cable.
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Indiana's next do-not-call list deadline looms

May 18, 2014
Associated Press
Indiana residents irritated by unwanted telemarketing calls have until Tuesday to meet the state's latest deadline for its do-not-call list.
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Sparks fly as high-tech RV-maker parts ways with CEORestricted Content

May 17, 2014
Greg Andrews

Charles Hoefer Jr. charges in a lawsuit that he was fired as CEO of Global Caravan Technologies as part of a conspiracy by other company insiders to defraud him of “rightful majority ownership."

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Government fines GM maximum $35M in safety case

May 16, 2014
Associated Press
It's the maximum penalty that the government can impose and the first time an automaker has been fined that much. But the amount is less than a day's revenue for the automaker.
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Tower manufacturer plans 639 jobs in Indiana expansion

May 15, 2014
 IBJ Staff
Nello Corp. Inc., a designer and manufacturer of galvanized steel towers and poles for the wireless industry, plans to move its Fort Worth, Texas, operations to Indiana, the state announced Thursday morning.
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UPDATE: Tech firm triggering $10M data center downtown

May 14, 2014
Dan Human
Michigan-base Online Tech plans to open a 25-employee facility just west of Lucas Oil Stadium, serving businesses that need cloud computing.
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Factory for refurbishing buses to close doors

May 14, 2014
Associated Press
Many of the 160 workers for ABC Companies in Nappanee will have a shot at jobs in a nearby plant for building double-decker buses.
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Chrysler hires 204 workers for new plant

May 13, 2014
Associated Press
At full capacity, the Tipton plant will be able to ship about 800,000 transmissions annually to assembly plants in Toledo, Ohio, and Sterling Heights, Mich., as well as Italy, Turkey, Brazil and China.
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IBM, NiSource reach $600 million agreement

May 13, 2014
Associated Press
The seven-year agreement includes the creation and management of a hybrid cloud-computing system that would enable NiSource to continue to deliver services to its customers.
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Small biz program to tackle lack of Web savvy

May 13, 2014
Dan Human
The program Fight for Small will teach Indiana business owners how to wield social networks, customer review websites and the rest of the Internet to their advantage.
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Cummins expects Indiana hiring with new engine

May 13, 2014
Associated Press
Cummins Inc. expects to start hiring this year at a central Indiana factory as it starts building a new diesel engine that will go into the light-duty Nissan Titan pickup truck. The engine maker said it could add up to 500 employees.
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Battery Ventures reaping rewards from big bet on IndyRestricted Content

May 10, 2014
Greg Andrews
The tech VC firm recently invested $7 million in Smarter Remarketer. It previously bet on Made2Manage Systems, Angie's List and ExactTarget.
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UPDATE: Toyota to quit Camry production in Lafayette

May 9, 2014
Bloomberg News
Fuji Heavy Industries Ltd., the maker of Subaru cars, will stop making Camry cars in the U.S. for its largest shareholder, Toyota Motor Corp., in the second half of 2016. About 100,000 Camrys are made annually at the Indiana plant.
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Baker's Edge founders to test 'Shark Tank' waters

May 8, 2014
Andrea Muirragui Davis
Carmel residents Matt and Emily Griffin can expect to see a big burst in sales of their innovative brownie pan after they appear in front of celebrity entrepreneurs on ABC-TV's hit show later this month.
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Indiana manufacturer plans $7M expansion

May 8, 2014
 IBJ Staff
Yorktown-based Mursix Corp. on Thursday announced plans for a headquarters expansion that’s expected to create 108 jobs by 2017.
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UPDATE: Interactive falls after results miss expectations

May 6, 2014
 IBJ Staff
Interactive Intelligence Group Inc. shares fell more than 19 percent Monday night and Tuesday morning after the company reported a unexpected loss in the first quarter, missing analyst predictions.
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Interactive claims top MIRA Award for second straight year

May 3, 2014
Dan Human
The top honor at the Mira Awards on Saturday night went to software firm Interactive Intelligence, while academia made waves in other categories at the annual technology-sector event.
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IU plots $200M life sciences hub in former Wishard Hospital

May 3, 2014
Dan Human
The envisioned 26-acre, $200-million-or-more complex would bridge IU’s School of Medicine with the city’s life sciences firms, including those at the nascent 16 Tech, a business park.
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  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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