Manufacturing & Technology

Anderson woman churning out dog chews made from elk antlers

July 6, 2013
Andrea Muirragui Davis
Cindy Dunston Quirk spent a decade coming up with an allergy-free dog chew idea, then, within two weeks of deciding on elk antlers, had a product packaged and ready to sell.
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Ingersoll-Rand’s spin-off plan may give boost to areaRestricted Content

July 6, 2013
Greg Andrews
Irish industrial conglomerate Ingersoll-Rand Plc is poised to spin off its security operations late this year into Allegion—which will have its North American headquarters and most of its executive team in Carmel.
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Firm uses 'causality' to improve Internet searchesRestricted Content

July 6, 2013
Norm Heikens
Allegient LLC and subcontracted IUPUI informatics experts wrote algorithms that go beyond word searches to look for “causality”—relationships between words suggesting one thing caused another.
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Universities' patents often lack commercial applicationsRestricted Content

July 6, 2013
Dan Human
The state's universities crank out patents that find their way to pharmaceutical, prosthetics and surgery technology companies. But they also generate reams of patents in areas with few industrial applications.
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Salesforce entices ExactTarget execs with $20M in awards

July 3, 2013
Dan Human
Salesforce.com has extended job offers to ExactTarget Inc.'s top brass—and sweetened the pot by dangling awards of restricted stock topping $20 million.
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Hostess set to resume full production in Indy

July 3, 2013
Kathleen McLaughlin
Hostess Brands LLC wants to have its Indianapolis plant in full production by the end of next week, an executive said Wednesday. The company received a tax incentive agreement worth $536,000 from the city on Wednesday.
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GM supplier plans opening factory near Fort Wayne

July 3, 2013
Associated Press
A Canadian-based General Motors supplier plans to open a new facility near Fort Wayne and hire up to 160 workers in the next few years.
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Hurco acquires Italian machine-tool component business

July 2, 2013
 IBJ Staff
Hurco, which designs and produces interactive computer controls, software and computerized machine tools, does most of its business in Europe.
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Cummins plans office remodeling, $15M warehouse

July 1, 2013
Associated Press
Cummins proposes remodeling the four-story former Irwin Union Bank building in downtown Columbus that the company bought in 2010. The new warehouse planned near Cummins' Walesboro factory could add about 25 jobs.
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LeadJen President Vance launches social networkRestricted Content

June 29, 2013
 IBJ Staff
Technology industry up-and-comer Jenny Vance, at age 35, has achieved the rank of “serial entrepreneur” with the launch of her third business, PlanSoon.
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Hostess prepares to open plant despite tax-break question

June 25, 2013
Kathleen McLaughlin
Hostess Brands LLC has asked the city for a tax abatement on $10 million in new equipment. City officials might decide on July 3, but Hostess is moving ahead with its plans to reopen the plant that closed in November.
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Connersville lines up new tenant for ex-Visteon factory

June 25, 2013
Associated Press
An eastern Indiana city could sell the factory to a cabinet company for $1 as part of a deal for it to hire more than 300 workers.
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Glass magic coming to end for venerable Fox StudiosRestricted Content

June 22, 2013
Scott Olson
Fox Studios Inc., the venerable stained glass company whose work is on display at countless churches throughout the state and even the Indiana Statehouse, is closing.
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Salin saves cash with video tellers

June 22, 2013
Chris O'Malley
In what might be the strangest twist in banking technology in years, Indianapolis-based Salin Bank is the first financial institution in the state to install sophisticated, interactive video tellers.
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BidPal, on a roll, doubles space

June 22, 2013
Dan Human
The world of philanthropy, where shoestring budgets dominate, is nonetheless proving lucrative for BidPal Inc., a 108-employee company led by tech veteran Scott Webber. The company saw revenue rocket from $1.8 million in 2010 to $10.2 million last year, making it the city’s second-fastest-growing private company, according to IBJ’s annual list.
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Tiny Lebanon firm prevails in multimillion-dollar patent caseRestricted Content

June 22, 2013
Anthony Schoettle
In the past 18 months, Larry Durkos—who invented a machine that attaches metal bed box springs and coils to wood frames—has scored two stunning victories over Leggett & Platt Inc., a Missouri-based box-spring conglomerate.
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Proxy Corner: Vera Bradley Inc.Restricted Content

June 22, 2013
Vera Bradley Inc., 2208 Production Road, Fort Wayne, Ind., 46808, sells handbags, accessories, paper-and-gift items and travel items through 65 retail stores, 11 outlet stores, 3,400 specialty stores and through verabradley.com.
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City to review tax breaks for five tech firms

June 20, 2013
Kathleen McLaughlin
The biotech and technology companies could see their Marion County tax abatements reduced or cancelled if officials decide they didn't fulfill promises on new investment and hiring.
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Indy-based 3D printer lands incentives for expansion

June 20, 2013
Mason King
3D Parts Manufacturing LLC plans to invest $6 million to lease and equip 25,000 square feet of operations space and hire 65 workers by 2018.
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Tyco to buy Fishers-based technology firm for $150 million

June 19, 2013
 IBJ Staff and Associated Press
Tyco International Ltd. said Wednesday that it reached a deal to acquire Exacq Technologies Inc., which develops video management systems for security and surveillance uses.
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Manufacturer to relocate to Muncie, add 288 jobs

June 19, 2013
Mason King
A maker of a new heavy-equipment vehicle that uses clean energy plans to invest $4.6 million in an engineering and assembly facility and ramp up operations as orders come in.
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Building for game maker Fundex set for July auction

June 17, 2013
Scott Olson
One of the last remnants of the bankrupt game maker and distributor is set to be sold at auction next month. The parent of the company that makes the iconic Slinky bought Fundex in December.
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File-sharing firm to invest $2.1M, add up to 30 jobs

June 17, 2013
 IBJ Staff
Indianapolis-based SmartFile said the investment will help the company make a 7,500-square-foot facility at 212 W. 10th Street operational by September.
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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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