Manufacturing & Technology

ALTOM: See the light, and get on the fluorescent bandwagonRestricted Content

January 16, 2010
Tim Altom
It’s hard to imagine an invention more commonly used than the light bulb. It’s a shame that by 2014 we probably won’t be able to buy them anymore, at least not as readily as we do now.
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Conexus gets $3.45 million from Lilly Endowment

January 15, 2010
 IBJ Staff
Lilly Endowment Inc. is continuing to support the state's advanced-manufacturing initiative, giving Conexus Indiana a grant to help connect potential workers with the necessary training.
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Gunite Corp. cutting 100-plus jobs at Elkhart plant

January 15, 2010
 IBJ Staff
Beleaguered Elkhart took another hit this week when Illinois-based Gunite Corp. announced plans to move 110 manufacturing jobs to Rockford, Ill., and Brillion, Wis.
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Brightpoint increases stock repurchase to $80 million

January 12, 2010
Scott Olson
Indianapolis-based cell phone distributor is buying back more shares as part of a settlement it reached in October with Denmark holding company NC Telecom Holding A/S, which Brightpoint bought in 2007.
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Cummins gets $54M to improve fuel efficiency

January 11, 2010
 IBJ Staff and Associated Press
Columbus engine maker Cummins Inc. will receive nearly $54M in federal funding as part of a program designed to significantly increase fuel efficiency in heavy trucks and passenger vehicles, U.S. Energy Secretary Steven Chu announced Monday.
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Hillenbrand acquiring conveyor manufacturer

January 11, 2010
The Batesville holding company said it will purchase K-Tron International Inc. in New Jersey for about $435 million, including $45 million in K-Tron debt and cash on hand. The deal is expected to close by the end of March.
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Law firm Alerding Castor Hewitt hires ExactTarget's ex-general counselRestricted Content

January 9, 2010
Peter Schnitzler
William Boncosky spent seven years at the ExactTarget, a span when the firm's employment grew from 14 to 500.
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High-end audio firm Indy Audio Labs powers up with new hires

January 9, 2010
 IBJ Staff
An upstart audio products company with offices at Purdue Research Park at AmeriPlex has brought in big guns to launch sales.
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Alcoa plant in Indiana plans up to 145 layoffs

January 6, 2010
Alcoa's Warrick Operations in Newburgh said the layoffs in its rigid packaging division are in response to a declining demand for its products.
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Local distributor of janitorial supplies makes acquisition

January 5, 2010
Scott Olson
Indianapolis-based HP Products Corp. announced Tuesday morning that it has completed its acquisition of Great Lakes Supply and Chemical in Michigan City.
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Brightpoint quarterly estimate below expectations

January 4, 2010
Associated Press
Cell phone distributor predicts fourth-quarter results below analyst estimates, sending shares down in aftermarket activity.
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Packard parts supplier thrives, but nostalgic niche may fade

January 4, 2010
Mason King
Packard
                           watch videoFranklin is home to one of the nation's foremost sellers of antique car components, but co-owners Fred Bruner and Max Merritt fear the ride might be slowing.
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ChaCha raises $7 million in venture funding

January 4, 2010
ChaCha, a Carmel-based mobile search engine, announced Monday morning that it has closed on $7 million in venture funding.
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Hancock County to consider battery plant proposal

January 4, 2010
 IBJ Staff and Associated Press
Hancock County officials will consider a request by lithium battery maker EnerDel to set up operations in a business park near Indianapolis.
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Health care software firm RealMed regains momentum

January 2, 2010
Peter Schnitzler
RealMed enjoys a nearly 99-percent renewal rate among its current customers and attracted 4,000 new doctors in 2009. Employment at the company is rising after a steady decline.
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COTA: Getting things done is more than just a resolution

January 2, 2010
Jim Cota
When the work seems to pile up, OmniFocus and Things can help productivity.
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IUPUI dedicates engineering lab funded by Carrier Corp.

January 2, 2010
 IBJ Staff
Over the past four years, Carrier has donated $71,000 for the purchase of equipment and software that will allow mechanical engineering students at IUPUI to do more advanced work.
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ALTOM: How does 3G matter to your cell phone?Restricted Content

January 2, 2010
Tim Altom
3G is the third generation of cell technology and is designed to make it easier to send video and other bandwidth-hungry material.
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Slump sets Hoosier job levels back 14 years

December 26, 2009
Norm Heikens
The 131,000 jobs lost in the 12 months ended in November amounted to a 7.2-percent decline and were nearly equivalent to the combined populations of Carmel and Fishers.
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First decade of century marked by buyouts and bubbles

December 26, 2009
J.K. Wall
The decade witnessed a massive terrorist attack, two wars, and a building-and-buyout boom fueled by easy credit.
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Omnicity continues wireless broadband acquisition spree

December 24, 2009
Chris O'Malley
Omnicity makes seventh acquisition since going public in February. The Rushville company aims to be nation's largest wireless broadband provider in rural markets.
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Elkhart County OKs tax break for electric car maker

December 23, 2009
 IBJ Staff and Associated Press
Hard-hit Elkhart County could become home three electric vehicle manufacturers if a Norwegian company chooses northern Indiana as the site for a new factory.
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Connersville to borrow $3.5 million to clean up Visteon site

December 22, 2009
Kathleen McLaughlin
The city of Connersville will borrow as much as $3.5 million to clean up the former Visteon site where a startup company wants to build police cars.
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Rolls-Royce bags $160M military contract

December 21, 2009
 IBJ Staff
Rolls-Royce Corp.'s Indianapolis operations will manufacture 78 turboshaft engines for U.S. Navy and Air Force helicopters under the terms of a mammoth $160.6 million military contract.
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ALTOM: Here are some technology glitches to put behind us in 2010Restricted Content

December 19, 2009
Tim Altom
If you’re not involved in one of these massive failures, you can take solace in the much smaller problems you have every day.
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