Manufacturing & Technology

Trade group TechPoint calls for Mira Awards nominations

January 30, 2010
 IBJ Staff
TechPoint is now accepting nominations for its 2010 Mira Awards.
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Wireless bidding system BidPal drives charity auction offers higherRestricted Content

January 30, 2010
Chris O'Malley
Tech executive Scott Webber and a local entrepreneur are out to revolutionize benefit auctions, which, despite their importance in raising an estimated $16 billion a year for not-for-profits, can be remarkably primitive.
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Cantaloupe unveils newest e-mail marketing product

January 30, 2010
 IBJ Staff
Local technology firm's VideoHere system allows companies to embed videos in their marketing e-mails.
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Haynes pays CEO almost twice as much as predecessor

January 29, 2010
Peter Schnitzler
CEO Mark Comerford's $1.46 million in total compensation in fiscal 2009 was nearly double Francis Petro's pay the previous year—even though the company's revenue dropped 31 percent in the same period.
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Analyst: Recalled Toyotas likely won't face long-term resale hit

January 29, 2010
Chris O'Malley
Recalled Toyotas have been yanked from used-vehicle auction blocks, but resale values should be protected if Toyota handles the recall with "transparency," according to a local analyst.
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Job cuts begin at east-side steering parts plant

January 29, 2010
Fifteen employees at an east-side automotive plant operated by a Ford subsidiary will lose their jobs on March 31. More job cuts are expected, as the factory prepares to close by the end of 2011.
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Mobile lab maker Biologics to create 50 jobs in Brownsburg

January 29, 2010
 IBJ Staff
A startup that makes mobile laboratory and manufacturing facilities will locate its headquarters, design and manufacturing operations in Brownsburg, creating at least 50 jobs by 2013.
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Interactive Intelligence fourth-quarter profit up 74 percent

January 29, 2010
 IBJ Staff
Record product orders spur sales at Indianapolis-based software maker Interactive Intelligence, propelling profits to $2.5 million.
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Bicycle-components manufacturer adding 105 jobs

January 27, 2010
Zipp Speed Weaponry said it will create 105 jobs by 2013 and invest $12.4 million in a new manufacturing plant in Indianapolis to make its high-end bicycle components.
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Bluefish Wireless set to announce up to 150 new local jobs

January 27, 2010
Chris O'Malley
A Zionsville firm that manages employers' wireless devices plans expansion, new jobs. Clients include such Fortune 500 companies as Intel, Oracle, Ford Motor Co.
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Remy hybrid agreements help offset GM loss

January 27, 2010
Scott Olson
Pendleton-based Remy International signs deals with Allison Transmission Inc. in Indianapolis and German automaker Daimler AG to supply electric motors for hybrid systems. The agreements should help offset a loss of business from General Motors.
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Steep sales decline forces Hurco to slash executive pay

January 27, 2010
Peter Schnitzler
Indianapolis-based machine toolmaker's CEO takes 63-percent compensation cut.
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Two companies set to make major local expansions

January 27, 2010
Express Scripts Inc. on the west side of Indianapolis and Zipp Speed Weaponry in Speedway are scheduled Wednesday afternoon to announce the creation of hundreds of new jobs.
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Toyota workers will stay on job at Indiana plants

January 27, 2010
Associated Press
No immediate layoffs are planned at the two Indiana factories that build Toyota models included in the company's production halt as it looks to fix sticking gas pedals.
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Toyota suspending production at two Indiana plants

January 27, 2010
 IBJ Staff and Associated Press
Toyota is halting production at six North American car-assembly plants—including Indiana facilities in Princeton and Lafayette—beginning the week of Feb. 1 to fix gas pedals that could stick and cause acceleration without warning.
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TechPoint accepting nominations for Mira technology awards

January 23, 2010
 IBJ Staff
The awards are meant to showcase Indiana's high-tech success stories and raise the profile of the tech community.
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Hosted-service provider BlueLock on growth binge

January 23, 2010
 IBJ Staff
BlueLock is among several companies owned by Collina Ventures, an investment firm created by local tech entrepreneurs Mark and Karen Hill.
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Indiana businesses are welcoming investment from ChinaRestricted Content

January 22, 2010
Peter Schnitzler
Some observers see a parallel to the state's seeking Japanese investment following recession in the early 1980s.
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Pickens' natural-gas plan may prove boon to truck builders

January 22, 2010
Bloomberg News
Converting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T. Boone Pickens says.
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EnerDel has more deals in the works

January 21, 2010
Kathleen McLaughlin
Lithium battery maker EnerDel will need more business than its existing relationships with Think and Volvo to justify the $237 million investment it announced Thursday.
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EnerDel hopes to hire 1,100 at new manufacturing plant

January 21, 2010
Peter Schnitzler
Lithium battery-maker will get incentives worth $53.1 million for expansion into Hancock County.
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EnerDel expected to announce new manufacturing plant

January 20, 2010
 IBJ Staff
Lithium battery-maker had requested a Hancock County zoning exemption to establish a manufacturing operation in the Mount Comfort business park.
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EnerDel in line for $3 million grant

January 20, 2010
Kathleen McLaughlin
Battery maker EnerDel could land $3 million in federal disaster-recovery money that would help bring 200 more jobs to its facilities on the north side of Indianapolis and in Noblesville.
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Knauf fills new CEO position

January 20, 2010
Knauf Insulation in Shelbyville appoints a company executive to its newly created position of CEO of North American operations.
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Orbis Education lands $8 million in venture capital

January 19, 2010
Peter Schnitzler
The locally based maker of nursing-education software will use the infusion to accelerate growth.
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