Manufacturing & Technology
Calumet plans to add 48 jobs at Indianapolis headquarters
May 25, 2012
IBJ StaffThe oil refiner, which currently has 75 full-time Indiana employees, has begun hiring management, accounting, sales, human
resources and information technology workers.
MoreBiz boosters embrace One Click, but it's no sure thing
May 19, 2012
Cory SchoutenHusband-and-wife entrepreneurs Randy and Angie Stocklin started Greenwood-based One Click Ventures out of their home with
$20,000 in 2005. They now own a portfolio of niche retail websites, including SunglassWarehouse.com, HandbagHeaven.com and
Scarves.net, which brought $5.3 million in revenue last year.
MoreState's chilly recycling climate means higher costs for container makers
May 19, 2012
Chris O'MalleySome manufacturers favor legislation that would encourage consumers to return their empties.
MoreHerff Jones goes digital to invigorate yearbook sales
May 19, 2012
Anthony SchoettleLocal firm hired Carmel-based MediaSauce two years ago to help design, develop and market Stitch, a platform for schools to
create an online version of their yearbook. The product, tested at 54 schools, is expected to roll out nationally in July.
MoreShares of Facebook stall after company's record IPO
May 18, 2012
Bloomberg NewsFacebook sold 421million shares to raise $16 billion, giving the company a $104 billion market value. After the debut, underwriters
bought the stock to keep it from falling below the IPO price.
MoreCummins hires ex-Indianapolis mayoral candidate
May 16, 2012
Melina Kennedy has joined the diesel engine maker's corporate communications team and will be responsible for executive communications,
research and speechwriting for CEO Tom Linebarger.
MoreSubaru to add 100 jobs as part of $75 million expansion
May 16, 2012
IBJ StaffSubaru already employs 3,600 at its Lafayette facility, with 600 workers added in the past three years. The expansion will
ramp up production from nearly 171,000 cars a year to at least 180,000.
MoreKlipsch helps parent firm double cash flow
May 15, 2012
J.K. WallIndianapolis-based speaker maker now owned by Voxx International posted year-end sales of $169.5 million, which appeared to
be flat compared with prior periods.
MoreUniversity Loft adding jobs as it recovers from credit crunch, probe
May 12, 2012
Hayleigh ColomboNearly two years after federal agents raided furniture maker University Loft Co.’s Hancock County plant, the once-fast-growing
firm is seeing business bounce back.
MoreOil refiner Calumet unleashes $150M stock offering
May 12, 2012
Kathleen McLaughlinWith its shares trading up more than 60 percent from the doldrums of last fall, Calumet Specialty Products Partners rolled
out plans to sell another 6 million shares of stock, raising more than $150 million.
MoreDigital textbook firm raises millions
May 12, 2012
J.K. WallThe Indianapolis-based digital textbook company Courseload completed a new round of fundraising in April that its CEO says
gives the company the cash it needs to keep landing new university customers in what has become a fast-growing but hyper-competitive
field.
MoreProgress spotty in narrowing tech field's gender gap
May 12, 2012
Chris O'MalleyMost technology firm startups are birthed by men in their 20s and 30s who have a background in computer science. To what degree
women are underrepresented in the ranks of tech entrepreneurs is hard to quantify, but it’s a small universe.
MorePurdue's Indy tech incubator nearing capacity
May 12, 2012
Chris O'MalleyOfficials consider expanding facility that got off to a slow start but began filling up last fall.
MoreLocal automotive supplier in line for new city incentive
May 11, 2012
Scott OlsonA shorter-than-usual abatement plan during which no property taxes are paid for three years is expected to help Van's Electrical
Systems invest $427,000 to purchase and rehab a vacant building on the city's west side.
MoreAlabama firm that irked suppliers promises to add 350 jobs
May 11, 2012
J.K. WallAdvanced Metal Technologies of Indiana Inc., an auto and industrial parts maker owned by the Alabama-based Whitesell Group,
said it will locate its operations in Jeffersonville and add 350 jobs by 2015.
MoreIndianapolis margarine plant planning $44 million upgrade
May 11, 2012
IBJ StaffConAgra Packaged Foods LLC is seeking city tax incentives as part of a $44 million plan to upgrade its plant on the northwest
side of Indianapolis and retain 392 workers.
MoreRemy International reports smaller first-quarter profit
May 10, 2012
IBJ StaffRemy International Inc. saw its sales fall slightly and profit plummet in the first quarter as it paid down debt, invested
in hybrid motor development and coped with a weak European market.
MoreFast-growing One Click lands $1M state incentive deal
May 10, 2012
Cory SchoutenA Greenwood e-commerce company could collect $1 million in state tax credits and training grants if it succeeds in hiring
109 new employees over the next five years.
MoreHostess says jobs of 856 Indiana workers in danger
May 9, 2012
Scott OlsonThe Irving, Tex.-based company said the job cuts could occur in July if it does not find a buyer or emerge from bankruptcy.
About 340 workers would be affected at five Indianapolis plants.
MoreInnovator Godfrey recognized for contributions to state's tech economy
May 5, 2012
Aprimo founder joins other notables as TechPoint Trailblazer.
MoreFast-food clients fueling furniture-maker's growth
May 5, 2012
Kathleen McLaughlinFacility Concepts’ can-do attitude has cemented the loyalty of clients like Southern Bells—one of the largest
Taco Bell franchises in the country—and propelled it from startup consultancy in 2004 to full-fledged manufacturer.
MoreWant to check your coat? Now, there's an app for that
May 5, 2012
Chris O'MalleyIndianapolis-based upstart CoatChex is preparing the launch of an iPad-based, ticketless coat-check system for bars through
which a patron enters his phone number to check a coat and, later, to retrieve it.
MoreSeymour packaging plant with 111 workers to close
May 3, 2012
IBJ StaffExopack LLC plans to close its Seymour facility and terminate 111 employees by July 1, the company said Wednesday in a notice
to the state.
MoreCalumet Specialty’s revenue, profit soar in first quarter
May 2, 2012
The company's improved performance over the same period last year was mostly due to a 150-percent increase in sales volume
from its acquisition of a Wisconsin refinery in September.
MoreProduction on Rolls-Royce LiftSystem picks up steam
May 1, 2012
Kathleen McLaughlinRolls-Royce Corp. said Tuesday that its landed a $315 million contract from Pratt & Whitney for its LiftSystem, which
enables short takeoffs and vertical landings by the U.S. Marine Corps’ F-35B aircraft.
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we love that we were right in our predictions for the outcome of Tony's boondoggle. We aren't negative, we are positive that the league that never has will continue to blow chunks and stink up the place
I was initially excited to learn that this wasn't rubber-stamped, but if all that is required is to add some shrubs and some "window dressing" over the first floor of the garage, then I'd call it a waste of everyone's time. It should be noted that the Hearing Examiner is a DMD employee who reports to the same administrator as the DMD staff planner who recommended approval of the garage and whose report said that the requirement for ground-floor retail had been "satisfied". Better luck with appealing the inevitable approval at the MDC, where the commissioners are appointed by the Mayor, City Council, and County Commissioners, thus, presumably not all obligated to facilitate the administration's plans.
Wheat Thins, when paired with chocolate ice cream!
About the same.
New airport, new Lucas Oil Stadium, expanded convention center, $30,000,000 Pacer gift, Stupid City Way Project, Broad Ripple Parking Garage $ Giveaway, Money blown on lethal bike lanes. The list is endless..
We have complete morons in City Government with grafter buddies sitting in the wings also stealing parking meter revenue. Go to www.adavceindiana.com and read about Chicago Parking Meter Corruption.
It's all theft of taxpayer resources and complete lack of financial stewardship and devoid of integrity.
I would just like for basic city services please.