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Manufacturing & Technology
Carmel tech consultant plans expansion, 36 jobs
January 24, 2013
Allegient LLC said it will add the jobs by 2017 and expand its Carmel headquarters by 4,000 square feet.
MoreLocal tooling manufacturer acquired by private-equity firm
January 21, 2013
Techniks Inc., a designer and distributor of industrial cutting tools, has been acquired by Tenex Capital Management. Tenex,
in turn, merged Techniks into another of its companies, Jasper-based Nap Gladu, to form a new holding company.
MoreTrafalgar company bringing reflective technology to consumer market
January 19, 2013
Chris O'MalleyHalo Coatings, founded in 2007, spent its early years licensing its proprietary reflective technology for powder-coating applications
to companies involved in highway infrastructure, such as guardrails. But it's now shifting its focus to the big players in
the apparel, medical and consumer-product fields.
MoreFormer BrightPoint exec joins Angie’s List as COO
January 17, 2013
Scott OlsonJ. Mark Howell will join the Indianapolis-based public company March 1. Howell previously spent 18 years as an executive with
BrightPoint Inc., which was acquired in October by California-based Ingram Micro Inc.
MoreFishers auto supplier moving to Anderson
January 16, 2013
Keihin North America Inc. plans to relocate between 130 and 175 management, engineering and development jobs to the Flagship
Enterprise Center.
MoreSun King brewery lands tax breaks for expansion
January 16, 2013
Scott OlsonThe downtown brewery plans to spend $2.1 million on additional equipment and add 20 jobs by 2016 in exchange for a tax abatement
from the city.
MoreFoul odor spurs Oliver Winery hard-cider lawsuit
January 15, 2013
Scott OlsonThe Bloomington-based winery claims in a federal lawsuit that it was forced to recall its hard apple cider due to defective
cans provided by Ball Metal Beverage Container Corp.
MoreSubaru targets more growth at Indiana plant
January 15, 2013
IBJ Staff and Bloomberg NewsThe maker of Subaru cars is targeting a 6-percent increase in global sales this year, spurred by the introduction of a new
Forester SUV model. The company will use its plant in Lafayette to increase output.
MoreMuncie-based glass maker to be sold for $1.6B
January 14, 2013
Bloomberg NewsArdagh Group said it has agreed to buy Indiana-based glass bottle and jar manufacturer Verallia North America, which has about
4,400 employees at 13 manufacturing plants in the United States, including more than 650 workers in Indiana.
MoreNew ChaCha unit to pair celebrities, advertisers
January 12, 2013
Chris O'MalleyThe ever-evolving information/answers service ChaCha Search has launched a startup within the 7-year-old company. Social Reactor
will match advertisers with participating celebrities and other “social influencers,” who will use social media
tools such as Twitter to drive fans to advertisers. Verge founder Matt Hunckler was tapped to get it rolling.
MoreExactTarget stock finishes year in positive territory
January 12, 2013
The marketing software maker that went public in March is ahead of its offering price even as it suffers because of some competitors'
woes.
MoreAnalyst cuts Cummins rating, citing rise in shares
January 11, 2013
Associated PressAnalyst Stephen Volkmann lowered his rating on the engine maker's stock to "Hold" from "Buy," noting
that the shares have risen 30 percent from their October lows and are now just 10 percent below all-time highs.
MoreHurco reports increase in quarterly, annual profit
January 11, 2013
The Indianapolis-based maker of computer-controlled machining tools attributed much of the increase to higher demand for its
products in North America and Europe.
MoreSprint first carrier to sign on to FM radio service
January 8, 2013
IBJ StaffSprint on Tuesday announced a preliminary agreement with radio industry representatives that will enable customers to listen
to local FM radio stations on their mobile phones. Emmis CEO Jeff Smulyan was a key negotiator in making the deal.
MoreAuto makers, including those in Indiana, enjoy big year
January 3, 2013
IBJ Staff and Associated PressStrong U.S. sales in December capped a remarkable year for the auto industry. U.S. sales of models manufactured in Indiana
in 2012 by General Motors, Toyota, Honda and Subaru outpaced the national rate, rising 17 percent.
MoreTipton manufacturer with 173 workers says its closing
January 3, 2013
IBJ StaffSteel Parts Manufacturing Inc. says it plans to close its plant in Tipton, ending employment for 173 workers. The company
told the state the closure and layoffs will begin Feb. 28 and end by March 14.
MoreReport: Plug-in vehicles slow to spark interest in Indy
January 2, 2013
Dan HumanPlug-in electric vehicles, which are struggling to gain traction nationwide, have even less appeal in central Indiana than
they do in most areas of the country, a new study says.
MoreLegal fight fuels tensions in tight-knit tech world
December 29, 2012
Chris O'MalleyA trademark-infringement case brought against App Press LLC threatens to smother the tech startup in legal fees before it
reaches its potential.
MoreSensient settles over use of 'popcorn lung' chemical
December 26, 2012
Scott OlsonThe locally based flavor maker has agreed to reduce its usage of diacetyl, which had prompted fines from the state. The deal
significantly reduces the amount of the penalty—from $325,500 to $99,000.
MoreChrysler expansion fueled by optimistic sales outlook
December 22, 2012
Dan HumanChrysler Group LLC is betting on huge sales gains to justify the more than $374 million it is considering investing in Kokomo
and Tipton to make a new line of nine-speed transmissions.
MoreFinish Line pulls plug on new website
December 22, 2012
Cory SchoutenThe Indianapolis-based chain rolled out a new FinishLine.com four days before Black Friday. But glitches and customer complaints
forced it to revert to the legacy version Dec. 6.
MoreSlinky maker’s owner buys bankrupt Fundex for $1.7M
December 20, 2012
Scott OlsonPrivate equity firm Propel Equity Partners is acquiring Fundex following a court-ordered auction in which a surprise bidder
surfaced, driving up the price of the company.
MoreDigital marketer Raidious to add up to 75 downtown jobs
December 20, 2012
IBJ StaffThe company, which currently has 20 Indianapolis employees, began its expansion this fall by leasing 2,800 square feet of
office space in the Morrison Opera House, 47 S. Meridian St.
MoreGM to buy back 200M shares as part of government exit
December 19, 2012
Associated PressThe Treasury plans to sell its remaining stake in General Motors over the next 15 months, allowing the automaker to shed the
stigma of being partly owned by the U.S. government.
MoreChrysler plans 400 more jobs, $212M expansion in Kokomo
December 17, 2012
Dan HumanChrysler Group LLC on Monday night said it was planning to spend as much $212 million on another expansion in Kokomo that
could add more than 400 jobs.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.