Manufacturing & Technology

Subaru adding production at Lafayette plant

May 4, 2010
Japanese automaker has boosted employment by 200 since August to meet demand for its Outback and Legacy models.
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Vontoo CEO to receive TechPoint Trailblazer Award

May 3, 2010
Robert Compton will receive the honor for his contributions to the state's high-tech sector at the Mira Awards program May 15.
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ExactTarget reports record quarterly revenue

April 30, 2010
The Indianapolis-based e-mail marketing firm posted revenue of $29 million in the first three months of the year, a 37-percent increase from the same period last year.
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Sale of GM plant could come as soon as June

April 29, 2010
Scott Olson
UAW official says General Motors and prospective buyer are working on a "real aggressive" schedule to have the acquisition completed by the end of June.
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Navistar finalizes foundry closing

April 28, 2010
 IBJ Staff
Navistar Inc. has notified state leaders that its Indianapolis Casting Corp. foundry at 5565 Brookville Road will close in July, costing about 220 employees their jobs.
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Interactive Intelligence reports strong profit, revenue

April 28, 2010
Interactive Intelligence's quarterly profit rises to $1.9 million, a 58-percent improvement over the first three months of last year.
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Cummins profit jumps on demand from emerging markets

April 27, 2010
Scott Olson
The Columbus-based engine maker sees sales increase in developing countries such as China, India and Brazil.
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Calumet wins $132M federal defense contract

April 27, 2010
The one-year agreement calls for the Indianapolis-based company to supply aviation fuel to the Defense Energy Support Center in Virginia.
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Anderson tech firm One Number files patent suit against GoogleRestricted Content

April 24, 2010
Chris O'Malley
An Anderson firm that provides a “one number” service that rings all of a client’s phones has filed suit against Web giant Google, alleging Google Voice infringes on two of its patents.
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Chrysler's old assets in bankruptcy can be liquidated, court rules

April 20, 2010
Bloomberg News
Investors who had challenged the bankruptcy sale, including the Indiana State Police Pension Trust, had argued that Treasury Secretary Timothy Geithner violated the Constitution by using TARP money to finance the sale, and had their arguments overruled in the appeals court.
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Health care tech firm Gemms adding 69 jobs

April 20, 2010
 IBJ Staff
Carmel-based electronic medical records developer Gemms Inc. plans to invest $2.1 million to expand its headquarters and software development operations here, more than doubling its staff in the next five years.
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Carbon Motors' prototype cop car is crammed with technology

April 17, 2010
Norm Heikens
Carbon_WatchVideoThe specialized vehicle can read license plates, sniff for weapons of mass destruction and see people and animals in the dark.
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Interactive Intelligence performance lifts CEO's pay

April 15, 2010
Peter Schnitzler
CEO Donald Brown saw a 32.4-percent increase in total compensation last year as the software-maker's shares soared 169 percent.
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California brewer to open Franklin plant, hire up to 150

April 15, 2010
 IBJ Staff
TailGate Beer said it will invest millions of dollars in machinery, equipment and energy-efficiency upgrades to establish operations in an existing 48,000-square-foot building in Franklin Business Park.
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Noblesville company has high hopes for pomegranate

April 10, 2010
Kathleen McLaughlin
Verdure Sciences, a botanical-extract distributor, has invested more than $1 million in marketing and research, and hopes to see its product in more foods and drinks, perhaps even mouthwash.
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$15M loan brings EnerDel closer to launching productionRestricted Content

April 10, 2010
Kathleen McLaughlin
The locally based battery maker serves as collateral on the financing lined up by its New York-based parent, Ener1.
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Shelbyville insulation company laying off 100 workers

April 8, 2010
Knauf Insulation will idle employees in June for at least six months, as demand for its building products remains soft.
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Rolls-Royce bags $51 million Marine contract

April 7, 2010
Four-year agreement to provide engines for tanker aircraft is the latest military contract snared by Rolls-Royce's local operations.
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Packaging company seeks abatement for expansion

April 6, 2010
Just Packaging on the east side of Indianapolis says it plans to invest in new equipment and hire 35 people by 2014.
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Hundreds show interest in jobs at police car maker

April 6, 2010
 IBJ Staff and Associated Press
Company executives told those at Monday's information sessions that many jobs will require an associate's degree in engineering and computer literacy to operate assembly-line machines.
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Brightpoint cuts CEO's pay by almost 35 percent

April 5, 2010
Peter Schnitzler
Robert J. Laikin earned $2.2 million in 2009, nearly 35 percent less than in 2008. Several other members of his management team also took substantial pay cuts.
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Price of scrap metals surge upward

April 3, 2010
Associated Press
After plummeting along with the rest of the economy, the price of scrap metals is surging upward.
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Interactive Intelligence taps college to connect with BlackBerryRestricted Content

April 3, 2010
J.K. Wall
Shortly after Interactive Intelligence Inc. decided two years ago to push beyond its roots in call centers and pitch its communications software to more insurance agents and money managers, the company ran up against a tricky hurdle: the BlackBerry.
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Raytheon lands key Navy contract

April 2, 2010
Kathleen McLaughlin
Raytheon Technical Services Co. LLC in Indianapolis will develop a new bomb rack for U.S. Navy airplanes under a recently awarded $32.4 million contract.
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Impact Racing reaches agreement over safety labels

April 1, 2010
Kathleen McLaughlin
Bill Simpson's Impact Racing LLC reached an agreement Thursday with an industry-certification group that will allow the company to continue selling race car safety gear made this year and last.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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