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Manufacturing & Technology
BrightPoint making local employment cutbacks
March 2, 2012
Kathleen McLaughlinBrightPoint Inc. has laid off an undisclosed number of its local employees and decided not to fill another 120 open positions,
the Indianapolis-based company acknowledged Thursday.
MoreAllison Transmission seeks $522M in initial public offering
March 1, 2012
IBJ Staff and Bloomberg NewsIndianapolis-based Allison Transmission Holdings Inc., the former parts unit of General Motors Co., is seeking to raise as
much as $522 million for its private-equity owners in an initial public offering.
MoreLocal packaging company plans to add 101 jobs in Brookville
February 29, 2012
MBC Group plans to add the jobs by 2014 at its plant in southeastern Indiana as part of a $4.1 million investment to add four
production lines.
MoreCourt OKs EnerDel parent's bankruptcy plan
February 29, 2012
IBJ Staff and Associated PressA court has approved Ener1's plan to emerge from bankruptcy, the parent company of locally based EnerDel announced Wednesday.
MoreHybrid-vehicle hopeful Bright Automotive folding
February 29, 2012
IBJ StaffBright Automotive Inc., an Anderson company that once hoped to become a major hybrid-vehicle player with hundreds of employees
in central Indiana, has called it quits after failing to land a $450 million government loan.
MoreAbound Solar halts production, cuts 180 jobs
February 28, 2012
Associated PressA Colorado-based solar module maker that hoped to create up to 1,200 jobs in Indiana by next year said Tuesday that it was
laying off about 180 workers in Colorado as the company focuses on a more efficient product.
MoreCovington manufacturer plans to add 68 jobs
February 28, 2012
Urbana, Ill.-based Flex-N-Gate Corp. plans to add positions by the end of the year as part of a $5.1 million expansion at
its plant 75 miles west of Indianapolis.
MoreDurable goods orders suffer worst drop in three years
February 28, 2012
Associated PressBusinesses slashed spending on machinery and equipment in January after a tax break expired, pushing orders for long-lasting
manufacturing goods down by the largest amount in three years.
MoreAuto town Kokomo on the mend, but bailout still divides
February 26, 2012
Associated PressThe U.S. auto industry and Kokomo have staged an amazing comeback. But the resurrection of U.S. automakers has done little
to resolve a deep political divide over the bailout.
MoreTechnology helps Ivy Tech marry new, old construction
February 25, 2012
Scott Olson3-D scans match former hospital with building plans.
MoreCummins thinks global with executive appointments
February 25, 2012
IBJ StaffThe company said its new internal structure is to ensure that Cummins maintains high ethical standards as it grows throughout
the world.
MoreAllison Transmission profits tripled in 2011
February 21, 2012
Chris O'MalleyNet income of $103 million last year compares with a profit of $29.6 million in 2010 and a loss of $323.9 million in 2009,
according to a document the transmission maker filed Feb. 17 with the Securities and Exchange Commission as part of its planned
IPO.
MoreManufacturer plans to add 70 jobs in Wells County
February 21, 2012
Haven Manufacturing in Ossian, south of Fort Wayne, makes orthopedic instruments, industrial parts and special tooling for
the medical, furniture, aerospace and transportation industries.
MoreColumbus manufacturer to begin solar panel production
February 18, 2012
IBJ StaffNusun Solar says an endorsement by Underwriter's Laboratories should lead to mass production of its commercial and residential
panels.
MoreFormer worker files federal suit against ASI
February 17, 2012
Scott OlsonAn ex-employee of manufacturer ASI Limited in Whitestown is suing the company for allegedly failing to give workers a required
60-day notice that the plant was closing. The lawsuit seeks class-action status on behalf of roughly 200 terminated workers.
MoreSteel Dynamics to expand Pittsboro operations
February 17, 2012
Kathleen McLaughlinFort Wayne-based Steel Dynamics Inc. plans a $76 million expansion in Pittsboro, increasing the mill's capacity by 52 percent,
the company announced Thursday.
MoreCalumet Specialty revenue, profit jump after acquisition
February 15, 2012
Indianapolis-based Calumet Specialty Products Partners LP said Wednesday morning that a major refinery acquisition helped
company revenue and profit soar in the fourth quarter as compared to the same period in 2010.
MoreTelecommunications companies push bill to defend turf from state network
February 11, 2012
The new law would prevent the I-Light data network from straying beyond its stated mission of serving the state’s colleges
and universities.
MoreBloomington touting tech jobs
February 11, 2012
IBJ StaffThe state's technology industry doesn't march in lockstep when it comes to attracting top talent.
MoreChaCha apologizing for 'inflammatory' answers
February 9, 2012
IBJ StaffCarmel-based ChaCha Search Inc., a question-and-answer service for mobile phone and online users, is apologizing for providing
what it calls "inflammatory answers to questions asked about sensitive subjects."
MoreLocal manufacturer tapped for trade mission to Russia
February 9, 2012
Kathleen McLaughlinHoosier Gasket Corp. hopes to land more business in Russia, where a growing middle class and new financing options are fueling
the automotive market.
MoreRolls-Royce's profits in line with expectations
February 9, 2012
IBJ Staff and Bloomberg NewsRolls-Royce Holdings Plc, the world’s second-largest aircraft-engine maker, said profit rose in line with estimates,
buoyed by a backlog of orders from Boeing Co. and Airbus SAS.
MoreToyota plans to add 400 jobs in southwest Indiana
February 8, 2012
IBJ Staff and Bloomberg NewsToyota Motor Corp. said Wednesday afternoon it would add 400 jobs in Princeton after consolidating production of its Highlander
mid-size SUV.
MoreManufacturing plant closing in northwest Indiana
February 6, 2012
Newnan, Ga.-based Bon L. Manufacturing Co. is set to close its facility in Kentland by mid-June, throwing 146 employees out
of work.
MoreSpeedway oil re-refinery begins production
February 4, 2012
IBJ StaffIllinois-based Heritage-Crystal Clean says its refinery here is the second largest in the U.S.
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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.