Manufacturing & Technology

Toyota model made in Indiana getting sleek overhaul

March 27, 2013
Bloomberg News
Toyota Motor Corp. is revamping the Highlander SUV, turning the car-based crossover into a more wagon-like model as the automaker seeks to keep its U.S. sales rising for a third consecutive year.
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Calumet goes back to market with public offering

March 26, 2013
 IBJ Staff, Associated Press
The Indianapolis-based petroleum refiner plans to use proceeds from the 5.3 million unit stock offering for working capital, acquisitions and possibly the redemption or repurchase of debt.
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Rolls-Royce late with key part for F-35 fighter

March 25, 2013
Bloomberg News
Rolls-Royce Holdings Plc was an average of 160 days late last year in delivering equipment needed for the U.S. Marine Corps version of the F-35 fighter to hover and land like a helicopter, according to the Pentagon.
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Software maker plans 400 hires, including 250 in Indianapolis

March 25, 2013
Dan Human
Interactive Intelligence says it needs more workers to handle increased business as it attracts larger clients and grows its sales related to cloud data storage and management.
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Company taps sports market with bacteria-stalking chemicalRestricted Content

March 23, 2013
Anthony Schoettle
Anderson-based Coeus Technology has invented a chemical that kills dangerous bacteria, including potentially deadly staph, by forming a germ-killing barrier that lasts two weeks to six months.
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Hillenbrand CEO Camp to step down in September

March 21, 2013
Associated Press
Kenneth Camp helped transform Batesville-based Hillenbrand Inc. from a $650 million casket company serving North America to a $1.6 billion global diversified industrial company.
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Online used-car marketplace expands into CincinnatiRestricted Content

March 16, 2013
 IBJ Staff
MaxTradein, which allows dealers to bid on cars, adds former ChaCha executive to pursue roll-out to 30 markets.
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Ex-Marcadia executive co-founds software firmRestricted Content

March 16, 2013
Chris O'Malley
A fixture in Indianapolis' startup community, Marcadia Biotech co-founder Kent Hawryluk is backing a project management software firm.
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Indiana tech startups deemed seeds of promise

March 16, 2013
Chris O'Malley
There’s the company founded by a college kid, in his dorm room. Another firm was launched by a guru from the shadowy world of cyber security. And the other was founded by tech veterans old enough to remember IBM punch cards. Three Indiana tech companies have surfaced among standouts in the notes of judges for TechPoint’s annual Mira Awards—the Hoosier tech version of the Oscars.
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Hurco names new president

March 15, 2013
Gregory S. Volovic has been at the machine-tool manufacturer since 2005 and most recently served as executive vice president of technology, operations and North American sales and service.
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Meat distributor plans plant, 80 jobs in Hancock County

March 13, 2013
Chicago-based Peer Foods Group Inc., a meat producer and distributor, said Wednesday that it plans to create 80 jobs by 2014 as part of a $5.5 million expansion into Hancock County.
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Noblesville manufacturer plans move to Elwood, expansion

March 13, 2013
Kathleen McLaughlin
Warner Bodies Inc., a 74-year-old Noblesville manufacturer with 50 employees, expects to add about 150 workers after moving to Elwood.
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Auto parts plant closing in northeastern Indiana

March 11, 2013
Michigan-based Ficosa North America Corp. has notified state officials that 137 employees will lose their jobs when the plant in Berne closes May 31.
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Allison adds hybrid systems for broader array of trucks and busesRestricted Content

March 9, 2013
Production of propulsion system for medium- and heavy-duty vehicles will begin later this year.
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Honda shuffling management at Greensburg plantRestricted Content

March 9, 2013
The changeup is part of a transition throughout Honda North America Inc.'s operations.
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Congressman invites Italian gun maker to IndianaRestricted Content

March 9, 2013
U.S. Rep. Marlin Stutzman is encouraging Beretta to move its U.S. operations from Maryland, which is considering an assault weapons ban.
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Hurco sees smaller profit on drop in sales

March 6, 2013
Dan Human
Machine-tool manufacturer Hurco Cos. Inc. saw earnings drop 51 percent in its latest fiscal quarter on falling revenue, the Indianapolis-based company announced Wednesday.
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LANGFORD: Banks must move toward greater access, flexibilityRestricted Content

March 2, 2013
Kevin Langford / Special to IBJ
Consumers want more than 'one message fits all.'
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Indiana's tech efforts on national radarRestricted Content

March 2, 2013
White House summit on tech startups included only 11 states after evaluation of tech economies in all 50.
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Auto parts supplier lays off 200 in northeastern Indiana

March 1, 2013
Contech Castings LLC has suspended certain operations at plants in Auburn and Pierceton and laid off more than 200 employees after losing a customer to a competitor.
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Chrysler confirms state investment of $374 million

February 28, 2013
Dan Human
Chrysler Group LLC plans to invest a total $374 million and add 1,250 jobs in Kokomo and Tipton, the company confirmed Thursday.
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Senate OKs bill to stop undercover video at farms, plants

February 27, 2013
 The Statehouse File
The Indiana Senate passed a bill Tuesday that would make it illegal to take unauthorized pictures or video of operations at a manufacturing or farming business.
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Indiana auto parts supplier lays off 130 workers

February 25, 2013
Associated Press
A Contech Castings spokesman said the company's Auburn plant laid off about half of its work force Friday after losing a contract last week.
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City mulls creation of 'high tech district' for ExactTarget

February 25, 2013
Cory Schouten
ExactTarget Inc. could get a 10-year tax break on an unspecified investment in new equipment if the City-County Council agrees to designate several parcels tied to the Indianapolis-based company as a "high technology district."
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Factory workers struggling to bounce backRestricted Content

February 23, 2013
Dan Human
Thousands of Indiana’s rank-and-file factory workers have seen their earnings lose ground to that of white-collar workers. The gap has grown even as manufacturers expect their assembly-line workers to have more skills and more advanced education.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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