Manufacturing & Technology

Web services firm plans downtown office, 300 jobs

August 22, 2012
San Francisco-based cloud-computing service provider Appirio Inc. said it will spend $2 million to open an office in downtown Indianapolis' Pan Am building, where it will employ 300 by 2015.
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Florida firm takes majority ownership in Remy

August 20, 2012
Dan Human
A Florida title insurer and mortgage service has increased its ownership of Pendleton-based manufacturer Remy International Inc. to 50.2 percent.
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Cummins cools off, but Seymour expansion still in worksRestricted Content

August 18, 2012
Dan Human
Cummins Inc.—a company that quadrupled its profits in two years—has shifted to cost-cutting mode amid a drop in global sales, but the Columbus-based engine manufacturer says it’s still on track to increase sales from $18 billion in 2011 to $30 billion in 2015.
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Violations persist after fatality at Shelbyville glass factory

August 18, 2012
Dan Human
A Shelbyville glass factory has had almost two years to address safety violations resulting from a worker’s death, but the state says the plant still has a lot of the same problems. Pilkington North America faces $150,000 in fines after an Indiana Occupational Safety and Health Administration inspection in March and April.
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Local distillers produce Indiana sorghum spirit

August 18, 2012
Ellen Kobe
Two central Indiana entrepreneurs are making a new spirit from an old crop—supplied largely by an Amish farmer who doesn’t drink alcohol. The product is Sorgrhum, a distilled liquor made from the syrup of sweet sorghum, a stalk-like grain used as a sweetener before sugar cane became widely available.
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TechPoint plans summit, entrepreneurial bootcampRestricted Content

August 18, 2012
The first-ever Indiana Entrepreneurial Bootcamp will only be open to the first 100 who register.
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Anderson seeking new Nestle production line

August 17, 2012
Associated Press
Leaders of a central Indiana city are trying to persuade Nestle to pick it for a new production line at an existing plant that could add about 100 jobs.
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Indiana auto parts maker plans factory expansion

August 13, 2012
Associated Press
Seymour Tubing Inc. is planning a $20 million project to expand and buy new equipment for a southern Indiana factory. The expansion help the company retain 460 workers and add 20 more.
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Former chamber head Dorson joins startup ViewYouRestricted Content

August 11, 2012
Dan Human
Startup ViewYou, which launched in October 2011, provides matchmaking services for job-seeking college students and companies with open positions.
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Slingshot SEO branches out after Google throws it for a loopRestricted Content

August 11, 2012
Chris O'Malley
Search-engine optimization remains part of Slingshot SEO’s name. But one of the region’s fastest-growing tech companies is abruptly shifting strategy—in part because changes by Google have undercut its core business.
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ExactTarget brings in record quarterly revenue

August 9, 2012
 IBJ Staff
Record second quarter revenue for ExactTarget Inc. wasn’t enough to generate a profit, the company said Thursday afternoon.
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Allison Transmission sets rate on $500 million loan

August 9, 2012
Bloomberg News
Allison Transmission Inc., the locally based maker of transmissions for trucks, buses and the military, set the interest rate it will pay on a $500 million term loan the company is seeking to refinance debt.
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Interactive Intelligence acquires Maryland company

August 9, 2012
Interactive Intelligence, a developer of communications and interactions-management software, purchased Bay Bridge Decision Technologies in an all-cash transaction effective Aug. 1. Terms of the deal were not disclosed.
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BrightPoint takes quarterly loss despite uptick in revenue

August 8, 2012
 IBJ Staff
Indianapolis-basedBrightPoint Inc. suffered a $4.1 million second-quarter loss despite a 3-percent increase in revenue, the Indianapolis-based wireless device distribution and logistics company said Wednesday afternoon.
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RV parts suppliers plan to add 260 jobs in Indiana

August 8, 2012
Lippert Components Manufacturing Inc. and Kinro Manufacturing Inc., divisions of White Plains, N.Y.-based Drew Industries Inc., said they will bring the jobs to Elkhart and Goshen by 2015 as part of a $3.7 million expansion.
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Fastest-growing Slingshot SEO changes strategic course

August 6, 2012
Kathleen McLaughlin
Slingshot SEO Inc., a fast-growing Internet marketing firm that made a job-creation deal with the state in 2011, said Monday that it was eliminating about 15 percent of its work force—or roughly 15 employees.
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Whirlpool to close Indiana center, move work to Michigan

August 6, 2012
 IBJ Staff and Associated Press
Whirlpool Corp. announced Monday it plans to shut down the last of its operations in a southern Indiana city, a plant that employed more than 1,500 workers a few years ago.
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Marketing software firm CIK plans to expand, add 57 jobs

August 6, 2012
CIK Enterprises LLC, a marketing software and services firm, plans to add the jobs by 2016. The company will continue to lease a 30,000-square-foot facility on the city’s west side.
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Caterpillar laying off 167 workers in Lafayette

August 3, 2012
Associated Press
Caterpillar Inc. says it's laying off nearly 170 workers at its Lafayette Large Engine Center in response to a drop in demand.
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Gilchrist & Soames moves HQ, plans to add 40 workers

August 1, 2012
The maker of luxury soaps and other hotel toiletries has moved its headquarters from Indianapolis to a bigger facility in Plainfield, where it plans to add 40 employees within six months.
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Calumet Specialty turns big profit in second quarter

August 1, 2012
The Indianapolis-based company said Wednesday morning that profit soared to $65.7 million compared with a loss of $7.7 million in the second quarter of 2011.
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Interactive Intelligence takes loss despite rising sales

July 31, 2012
 IBJ Staff
Interactive Intelligence Group Inc. suffered a second quarter loss despite revenue growth of 5 percent, the company announced Tuesday afternoon.
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Cummins tops expectations despite lower profit, sales

July 31, 2012
 IBJ Staff
Engine manufacturer Cummins Inc. on Tuesday reported lower profit and revenue in the second quarter, but the results exceeded Wall Street expectations.
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Allison reports $413M quarterly profit, but lowers forecast

July 30, 2012
 IBJ Staff
Allison Transmission Inc. on Monday reported earnings of nearly $413 million in the second quarter after losing $17.2 million in the same period a year ago. The Indianapolis-based manufacturer cut its full-year sales-growth forecast.
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BrightPoint merger talks driven by 'deal certainty'Restricted Content

July 28, 2012
Greg Andrews
When BrightPoint officials saw conditions in the cell phone distribution business take a turn for the worse, they were quick to cash out while the going was still good.
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  1. First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.

  2. I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.

  3. Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??

  4. On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.

  5. It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.

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