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Manufacturing & Technology
Allison adds hybrid systems for broader array of trucks and buses
March 9, 2013
Production of propulsion system for medium- and heavy-duty vehicles will begin later this year.
MoreHonda shuffling management at Greensburg plant
March 9, 2013
The changeup is part of a transition throughout Honda North America Inc.'s operations.
MoreCongressman invites Italian gun maker to Indiana
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.
MoreHurco sees smaller profit on drop in sales
March 6, 2013
Dan HumanMachine-tool manufacturer Hurco Cos. Inc. saw earnings drop 51 percent in its latest fiscal quarter on falling revenue, the
Indianapolis-based company announced Wednesday.
MoreLANGFORD: Banks must move toward greater access, flexibility
March 2, 2013
Kevin Langford / Special to IBJConsumers want more than 'one message fits all.'
MoreIndiana's tech efforts on national radar
March 2, 2013
White House summit on tech startups included only 11 states after evaluation of tech economies in all 50.
MoreAuto 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.
MoreChrysler confirms state investment of $374 million
February 28, 2013
Dan HumanChrysler Group LLC plans to invest a total $374 million and add 1,250 jobs in Kokomo and Tipton, the company confirmed Thursday.
MoreSenate OKs bill to stop undercover video at farms, plants
February 27, 2013
The Statehouse FileThe 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.
MoreIndiana auto parts supplier lays off 130 workers
February 25, 2013
Associated PressA Contech Castings spokesman said the company's Auburn plant laid off about half of its work force Friday after losing a contract
last week.
MoreCity mulls creation of 'high tech district' for ExactTarget
February 25, 2013
Cory SchoutenExactTarget 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."
MoreFactory workers struggling to bounce back
February 23, 2013
Dan HumanThousands 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.
MoreUnion workers at Goshen's Cequent plant take severance deal
February 23, 2013
Associated PressThe trailer-hitch manufacturer plans to close the 450-employee plant and move operations to Mexico. Union workers voted Friday
to forego arbitration and accept a severance agreement that will pay the most senior employees $36,000.
MoreNew microbrewer embraces history of near-east-side headquarters
February 23, 2013
Cory SchoutenA bottling house, which is all that's left of a brewing campus closed by Prohibition, will be home to two partners' startup
this spring.
MoreCummins lowers previously reported earnings
February 20, 2013
Dan HumanColumbus-based diesel engine manufacturer Cummins Inc. lowered its previously reported quarterly profit by $12 million, or
3.1 percent, after discovering legal fees that the company initially missed.
MoreAllison Transmission cuts 2013 sales outlook
February 19, 2013
Dan HumanAllison Transmission Inc. predicted 2013 sales declines after it closed 2012 with an inflated $514.2 million annual profit
and a massive slide in sales for a key market during the fourth quarter.
MoreRemy International reports $138M annual profit
February 19, 2013
Dan HumanA one-time tax benefit more than doubled Remy International Inc.’s annual profit to $138.6 million, the Pendleton-based
manufacturer reported late Monday.
MoreAllos Ventures raises $40 million for early-stage tech firms
February 16, 2013
Chris O'MalleyAllos Ventures has raised $40 million from local tech industry luminaries and others to invest in early-stage tech companies
in the Midwest, a segment that has seen funding dry up. The fund, Allos II, aims to invest $3 million to $7 million each in
about a dozen early-stage companies—not upstarts but those already generating solid revenue streams.
MoreDoes hybrid-tech startup have investors too revved up?
February 16, 2013
Greg AndrewsEcho Automotive trades on the OTC Bulletin Board, the Wild West of investing—where cheap stock prices and low trading
volumes can translate into wild swings in stock price.
MoreEven salvage auto buyers now have an app to make purchases easier
February 16, 2013
Bids have been taken via smart-phone applications for more than a year. Now a unit of Carmel-based KAR Auction Services has
introduced an app to make paying easier.
MoreLilly to expand partnership with diagnostic firm
February 14, 2013
IBJ Staff and Associated PressDiagnostic products maker Qiagen NV said Wednesday that it will work with Eli Lilly and Co. to develop new tests that could
identify patients who could be helped by Lilly's drugs.
MoreUPDATE: Sensient to cut 125 jobs due to Chicago move
February 14, 2013
Sensient Technologies Corp. has alerted state officials that it will lay off 125 workers from its Indianapolis operations.
That follows the company's announcement that it plans to move its local Flavors & Fragrances Group headquarters to suburban
Chicago.
MoreAngie's List turns corner on profitability
February 13, 2013
Chris O'MalleyIndianapolis-based Angie's List on Wednesday reported fourth-quarter profit of $2.4 million—the consumer-ratings
service's first profitable period since its 1995 founding.
MoreCalumet's 2012 profit rockets to $205.7 million
February 13, 2013
Dan HumanAn acquisition spree helped oil refiner Calumet Specialty Products increase profit almost five-fold in 2012, the Indianapolis-based
company reported Wednesday morning.
MoreGreensburg auto-parts plant plans expansion, 200-plus hires
February 12, 2013
IBJ StaffAutomotive supplier Valeo expects to invest $15.5 million in new machinery for its Greensburg facility as part of its plans
to expand operations in the plant and bring more than 200 workers onto the company payroll by 2014.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.