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Manufacturing
Haynes reports quarterly, fiscal-year losses
November 24, 2009
Kokomo-based Haynes International Inc.'s efforts to consolidate operations and reduce inventory could not keep it from losing
$3 million in its fiscal fourth quarter, the company announced Monday.
MoreWestfield's Truss Manufacturing Co. changes name, expands product line
November 21, 2009
IBJ StaffTruss Manufacturing Co., a fixture along U.S. 31 in Westfield since 1959, in October changed its name to TMC Building Products
to emphasize its expansion into other supplies.
MoreState lands $4 million grant to aid autoworkers
November 18, 2009
The U.S. Department of Labor awarded the Indiana Department of Workforce Development a $4 million grant on Wednesday to help
autoworkers transition into alternate careers.
MoreCutbacks help Remy improve quarterly profit
November 17, 2009
Auto parts maker Remy International Inc. said Monday that profit rose to $16.5 million in the third quarter, up from $4.3
million in the same quarter a year ago, as the company cut staff and pay to compensate for lagging sales.
MoreRolls-Royce scores $11M military helicopter contract
November 13, 2009
IBJ StaffThe good news continues for Rolls-Royce Corp.'s Indianapolis operations, which this week received an $11.1 million contract
to make gas turbine engines for the Army's OH-58D Kiowa reconnaissance helicopters.
MoreHill-Rom's fourth quarter profit exceeds expectations
November 12, 2009
IBJ StaffThe Batesville-based maker of hospital equipment reported profit of $26.4 million, or 42 cents per share, in the period ended
Sept. 30.
MoreAir Force awards Rolls-Royce $8.5 million contract
November 10, 2009
Rolls-Royce Corp. said Monday that the U.S. Air Force has awarded its Indianapolis operations an $8.5 million contract to
provide spare engine parts for the C-130J military transport aircraft.
MoreFrozen-food firm plans to add 350 jobs at New Albany plant
November 10, 2009
IBJ StaffNew Albany-based Kemper Foods International LLC announced Tuesday morning that it will expand its food-production center in
southeast Indiana, creating more than 350 new jobs by 2012.
MoreChemical-maker Benchmark Products merges with Ohio's New Surface Technologies
November 7, 2009
IBJ StaffBenchmark Products Inc., a local manufacturer of metal-finishing chemicals, will combine with a Bedford, Ohio, company and
keep its headquarters and production in Indianapolis. The combined company will be renamed Asterion LLC.
MoreSpeaker-maker Klipsch making noise in earphone niche
November 7, 2009
Kathleen McLaughlinMaking money in earphones will require higher sales volumes, but Klipsch CEO Fred Klipsch thinks there are plenty more consumers
left for his company to tap.
MoreFinishMaster profit, sales decline as accident claims fall
November 5, 2009
IBJ StaffFinishMaster Inc. on Thursday afternoon reported a drop in third-quarter profit and revenue compared to the same period a
year ago.
MoreFort Wayne plant closing to leave 118 jobless
November 5, 2009
Marietta, Ga.-based Graphic Packaging International Inc. has notified the state that it will cut 118 jobs by closing its plant
in Fort Wayne.
MoreMilitary firm could create 500 jobs at former chemical site
November 5, 2009
IBJ Staff and Associated PressTelic Corp., a developer and manufacturer of United States military equipment, announced Thursday it will invest more than
$1.2 million in the former Newport Chemical Depot in western Indiana, creating up to 500 jobs.
MoreHarley-Davidson eliminates Indiana from relocation list
November 4, 2009
IBJ Staff and Associated PressHarley-Davidson has announced that a Kentucky location is the only one it will consider if it decides to relocate its York,
Pa., motorcycle plant, eliminating a site south of Indianapolis from contention.
MoreBrake manufacturer closure costs 118 jobs
November 3, 2009
Carlisle Industrial Brake and Friction has notified the state that it will close a manufacturing plant in Logansport, resulting
in the loss of 118 jobs.
MoreGreensburg manufacturer sold, jobs moving to Oklahoma
November 3, 2009
The Autoquip Corp. has completed its acquisition of American Lifts in Greensburg and will be moving nearly 50 jobs to company
headquarters in Guthrie, Okla.
MoreCummins reports plunge in profit, revenue
October 30, 2009
IBJ StaffCummins Inc. said profit for its fiscal third quarter fell 59 percent and sales dropped by 31 percent compared to the same
period last year, though the company said its profitability and cash position improved from the second quarter.
MoreGM to draw government funds for Delphi costs, source says
October 28, 2009
Associated PressGeneral Motors Co. will announce later this week that it will draw from its government funding to pay the cost of buying a
chunk of troubled parts supplier Delphi Corp., a person briefed on the company's finances said Wednesday.
MoreGrill maker to locate HQ in Indiana, hire 300
October 28, 2009
IBJ StaffWaterloo, Ontario-based Onward Manufacturing Co. Ltd. announced Wednesday afternoon that it would locate its first U.S. grill
production center in northeast Indiana, creating more than 300 jobs in Huntington by 2011.
MoreSurvey: Manufacturers optimistic about economic recovery
October 13, 2009
Scott OlsonIndiana manufacturers, many of which have suffered major job losses, are optimistic the economy will rebound next year,
according to an annual survey commissioned by Katz Sapper & Miller LLP.
MoreAccuride restructuring under Chapter 11 bankruptcy
October 8, 2009
Evansville-based Accuride Corp. filed for Chapter 11 bankruptcy protection Thursday as part of a restructuring of debt.
MoreSenate bill doesn't fund Rolls-Royce jet engine
October 7, 2009
IBJ Staff and Associated PressThe measure holds potential bad news for Indianapolis engine maker Rolls-Royce because it does not contain funding for a key
jet engine the company produces, but lawmakers are expected to restore funding when the Senate and House combine bills into
a final version.
MoreCummins recalling more workers to Indiana engine plant
October 7, 2009
Andrea Muirragui DavisEnginemaker Cummins Inc. is temporarily adding a second production shift at its MidRange Engine Plant south of Columbus, recalling
as many as 270 workers who had been laid off or transferred to other facilities when it was idled in May.
MoreConnersville progresses on Carbon Motors deal
October 2, 2009
Kathleen McLaughlinConnersville Mayor Leonard Urban says the city soon will clear legal and environmental hurdles that stand in the way of Carbon
Motors’ launching its operations in the former Visteon plant.
MoreUPDATE: Hurco exec getting $500,000 exit package
October 2, 2009
IBJ Staff and Associated PressJames D. Fabris, who is leaving Hurco Cos. Inc. at the end of the month following a long management tenure, will receive an
exit package worth more than $500,000.
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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.