Manufacturing

Hendricks County pitching motorsports skill, expertise to medical manufacturers

August 16, 2014
Anthony Schoettle
Hendricks County finds pay dirt pitching skills of racing industry to medical device manufacturers.
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Former piano factory burns down in Muncie

July 26, 2014
Associated Press
Old building also had been used as chemical distributorship.
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Steel demand feeds shipping boom in Indiana

July 23, 2014
Associated Press
The automotive industry is behind the increase, pushing steel ahead of longtime leaders iron ore and coal.
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INDIANA 100: Manufacturing employment lags recovery of sectorRestricted Content

June 21, 2014
Sam Stall
Emphasis on efficiency, technology is softening job demand.
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INDIANA 100: Indiana public companies turned in contrasting performancesRestricted Content

June 21, 2014
Kathleen McLaughlin, Chris O'Malley, Scott Olson, Anthony Schoettle
Profit shot up for some, while others fought setbacks.
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Electronics manufacturing short circuited in IndianaRestricted Content

April 12, 2014
Anthony Schoettle
The sector is migrating to states that beckon with better prospects.
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Indiana universities, manufacturers helping launch Digital LabRestricted Content

April 12, 2014
Sam Stall
Indiana manufacturers, universities and various state groups are abuzz about their involvement with the freshly minted, Chicago-based Digital Lab for Manufacturing—even if they’re not yet sure what their exact role will be.
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Manufacturers help drive recycling bill to passage

April 6, 2014
Associated Press
A state lawmaker who co-authored legislation setting a goal for Indiana to eventually recycle at least half of its municipal waste says the state's resource-hungry manufacturing industry was a key to the bill's passage this year.
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U.S. Steel idles Gary mill due to lack of ore

April 5, 2014
Associated Press
The company temporarily halted steelmaking at its massive northwestern Indiana mill because the ice-covered Great Lakes have cut off the mill's access to vital iron ore.
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Foreign trade zone status easier to come byRestricted Content

March 19, 2014
Chris O'Malley
Shielding items from customs duties has become cheaper, quicker.
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Investment manager sees good growth prospects for 2014

January 4, 2014
Norm Heikens
Tom Pence predicts change for U.S. manufacturing.
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GE workers protest Bloomington factory job cuts

September 27, 2013
Associated Press
Workers say the company isn't following through on an investment announced three years ago.
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Former Thomson site may be ripe for developmentRestricted Content

September 21, 2013
Scott Olson
The vacant 49-acre Sherman Park business complex might finally be redeveloped now that the owner has exited bankruptcy and demolition has started on its main building.
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Fastenal sponsorship deal draws NASCAR contractsRestricted Content

August 17, 2013
Anthony Schoettle
Vending machines aren’t the only reason the Fastenal brand is resonating.
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Fastenal vending machines serve up a revolutionRestricted Content

August 17, 2013
Vending machines, warehouses bristling with technology slash costs.
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Most of Indiana's largest public companies enjoyed strong 2012Restricted Content

June 15, 2013
Angie's List turned a profit for the first time in nearly two decades.
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JBS United among top hog feed companiesRestricted Content

June 15, 2013
Norm Heikens
The industry is more than a decade beyond the sweeping consolidation of the '90s that forced out thousands of family farms as corporations took advantage of new techniques to enable raising hogs in huge, factory-type complexes.
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Bio-Response expanding in Hendricks County

June 10, 2013
 IBJ Staff
Wastewater equipment maker is moving to a Danville business park to build a $1.1 million facility.
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Chrysler, General Motors plants take divergent pathsRestricted Content

March 30, 2013
Dan Human
In Kokomo, Chrysler plants rise with the resurgent automaker, while a GM plant across the highway hasn't been so fortunate.
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CONOVER: Manufacturing still drives Indiana's economyRestricted Content

December 1, 2012
Jerry Conover
It’s no secret that Indiana’s factory workers took more lumps during the Great Recession than workers in other sectors, with nearly 120,000 losing their jobs. Indeed, from the state’s manufacturing employment peak at the start of the century, our factories had shed a quarter million jobs by the recession’s end.
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Gilchrist & Soames enjoying sweet smell of successRestricted Content

November 10, 2012
Scott Olson
Plainfield-based company provides its soaps and shampoos to world's most prestigious hotels.
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Largest Indiana public companies mostly fared well in 2011Restricted Content

June 16, 2012
Performance varied widely as industries ebbed, flowed.
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Commodities fueled some of Indiana's largest private companies in '11Restricted Content

June 16, 2012
Norm Heikens
Oil, grain were particularly helpful for cooperatives. An improved economy also propelled manufacturers ahead.
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Indianapolis fastest-growing companies run the gamutRestricted Content

June 16, 2012
Marc D. Allan
This year's list of fastest-growing private companies in the Indianapolis area is a diverse lot, operating in industries ranging from human resources to office furnishings to construction to home health care and games.
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Cummins boom drives up demand for apartments

March 24, 2012
Associated Press
A hiring boom at engine maker Cummins and the economic recovery are leaving many people in search of apartments out in the cold in Columbus.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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