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Manufacturing & Technology
Allison earnings rise on surging sales
April 24, 2012
Kathleen McLaughlinAllison Transmission Holdings Inc. saw profits rise 57 percent, to $58 million, in the first quarter, the Indianapolis-based
manufacturer announced Monday. The earnings announcement was Allison’s first since it went public in March.
MoreIndiana auto-parts maker plans to add 120 jobs
April 23, 2012
ThyssenKrupp Presta Terre Haute LLC plans to spend $22 million to add three assembly lines and expand its manufacturing facility
in Vigo County by nearly 70,000 square feet.
MoreStartup wants to make pouring beer from the top passe
April 21, 2012
Mason King
Josh Springer has moved to Indianapolis his company that designs and
sells draft beer dispensers that fill specially designed cups from the bottom up, speeding the process and cutting down on
foam.
Law change allows entrepreneurs to market homemade food
April 21, 2012
Sam StallMany Indiana home-based food businesses owe their existence to a law enacted in 2009 that allows them to sell certain types
of foods at farmers’ markets and their own roadside stands with minimal state oversight.
MoreAngel Learning's founder thinking big again
April 21, 2012
Chris O'MalleyIT professor Ali Jafari, who netted Indiana University $23 million on its $130,000 investment in his Angel Learning when it
sold three years ago, recently launched CourseNetworking, which allows learners across the globe to connect and chat around
shared interests and class subjects.
MoreRolls Royce locks in work on key military program
April 14, 2012
The British engine maker received a $151 million contract to continue making engines for the V-22 Osprey.
MoreMansfield-King lands state incentives for expansion plan
April 13, 2012
The Indianapolis-based manufacturer and distributor of personal care products plans to add the 144 jobs by 2016 as part of
a $3.4 million expansion.
MoreCentral Indiana biodiesel producer files for bankruptcy
April 11, 2012
Scott OlsonE-biofuels LLC in Middletown has fallen into liquidation, listing debts of $17.3 million. The closing of the plant leaves
four remaining facilities in the state capable of producing biodiesel fuel.
MoreAustralian Gold sues to protect product name
April 11, 2012
J.K. WallAustralian Gold LLC, the tanning salon products company led by Steve and Tomisue Hilbert, is in a trademark dispute with a
Boston-based online retailer over the trade name Rue La La.
MoreSMC plans $19M Noblesville expansion, 163 jobs
April 10, 2012
IBJ StaffSMC Corp. of America plans to spend $19 million to expand its North American headquarters in Noblesville, making room for
an additional 163 employees by 2017, the company announced Tuesday.
MoreRussian investor gives Ener1 fresh start
April 7, 2012
Kathleen McLaughlinA Russian timber tycoon who poured millions into a battery maker with Hoosier roots is the new owner of Ener1 Inc. Boris Zingarevich
supplied $50 million for Ener1’s March 30 exit from bankruptcy and is moving its headquarters from New York to Indianapolis—already
home to its core subsidiary, EnerDel.
MoreYoung Indy-area tech entrepreneurs enjoy deep support
April 7, 2012
Chris O'MalleyMyJibe co-founder Mike Langellier is among a new generation of tech entrepreneurs in the Indianapolis area that benefits from
a host of support their predecessors never enjoyed.
MoreLocal automobile dealers enjoy big month of sales
April 5, 2012
IBJ Staff and Bloomberg NewsNew car sales nationally rose about 13 percent last month as consumers replaced aging vehicles and took advantage of cheap
financing. Sales were way up for many Indianapolis auto dealers.
MoreDefender Direct founder steps down as CEO
April 5, 2012
Defender, which sells and installs home-security and satellite systems, said company President Marcia Barnes has replaced
David P. Lindsey as CEO. Lindsey will retain majority ownership of the company he founded in 1998.
MoreDeveloper envisions $20M farming operation to replace plant
April 4, 2012
Cory SchoutenA local entrepreneur is laying the groundwork for a $20 million transformation of a soon-to-close automotive plant into a
sustainable farming operation that would raise fish and hydroponic vegetables.
MoreIndianapolis man awarded $5.6M in factory accident
April 4, 2012
Ronald W. Hargis lost four fingers from his left hand and underwent a dozen surgeries after being injured by a compression
roller while testing new equipment at Flutes Inc. in Indianapolis. Hargis sued the North Carolina manufacturer of the equipment.
MoreWhirlpool agrees to pay state $800,000 for job losses
April 3, 2012
Appliance maker Whirlpool Corp. has agreed to pay Indiana $800,000 after failing to maintain employment levels called for
in an economic development incentives agreement.
MoreManufacturers prowling for skilled workers
March 31, 2012
Kathleen McLaughlinFactories laid off droves of workers during the recession but now struggle to find tech-savvy employees during the recovery.
MoreStartups launch apps to facilitate good deeds
March 31, 2012
Kathleen McLaughlinTwo startup firms, Cause.It LLC and Trensy LLC, have created tools that link charitable behavior and consumption. Like the
hit app Foursquare, the newcomers encourage users to “check in” when they show up at events or complete activities
so they can earn rewards offered by local businesses.
MoreInvestors still may clean up on some clean-tech bets
March 31, 2012
Greg AndrewsThe spectacular flameouts of some startup firms underscores the risk of relying on infusions of federal money to keep a business
viable.
MoreTechies pressing again for direct Silicon Valley flights
March 31, 2012
Chris O'MalleyHigh-tech firms have been clamoring for a couple of decades for nonstop flights between Indianapolis International Airport
and California’s Silicon Valley. One of Indiana’s tech icons made it clear recently that the need is as urgent
as ever.
MoreCummins lures job candidates with virtual tour app
March 31, 2012
The idea is to send middle and high school students the message that there are plenty of jobs in engineering.
MorePromised tariff cuts could spur Indiana exports to China
March 29, 2012
Chris O'MalleyIndiana logistics firms and their manufacturing clients could gain new export opportunities to China if the country follows
through on plans to reduce taxes on imported goods.
MoreWestfield seat-belt maker plans to add 65 workers
March 28, 2012
IBJ StaffWestfield-based safety company IMMI said it plans to hire more than 65 full-time workers and 50 temporary employees to keep
up with demand for lap and shoulder belts for school buses.
MoreWabash National shares rise on $360M deal
March 27, 2012
Associated PressShares of Indiana-based Wabash National Corp. jumped Tuesday after the maker of truck trailers said it would diversify its
business by purchasing liquid-transportation company Walker Group Holdings LLC for $360 million.
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If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.
John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.
I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.
Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.
David Copperfield!