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Manufacturing & Technology
Defense contractors play wait and see on budget cuts
November 3, 2012
Dan HumanIndiana’s largest military contractors are questioning their future operations as they await word on whether the U.S.
Department of Defense will lose up to $1 trillion in funding in the next decade.
MoreLilly to spend $140M on new insulin cartridge plant
November 1, 2012
J.K. WallAbout 100 workers will staff the new plant, which will be constructed by spring 2014 and ready for operations in 2015. But
only “some” of that number will be new hires.
MoreCalumet's sales, profit boom after acquisitions
October 31, 2012
IBJ StaffCalumet Specialty Products Partners LP’s profit more than doubled in the third quarter, helped by huge gains in the
fuel-products side of its business following several acquisitions.
MoreCummins posts lower quarterly profit, revenue
October 31, 2012
The Columbus-based manufacturer of diesel engines reported profit of $352 million, or $1.86 per share, compared with $452
million, or $2.35 per share, in the year-ago period.
MoreDiamond Foods closing Fishers plant with 100 employees
October 30, 2012
Scott OlsonThe maker of snack foods such as Pop Secret popcorn and Emerald nuts said it will close its Fishers plant, which it purchased
in 2006 from Harmony Foods Corp., on Jan. 31.
MoreAllison lowers outlook after profit slides 17 percent
October 29, 2012
IBJ StaffAllison Transmission Holdings Inc.’s profit dropped 17 percent in the third quarter after sales slid 14 percent.
MoreContainer makers want to restore fizz to state's recycling fund
October 27, 2012
IBJ StaffThe money, long ago diverted by Gov. Daniels to the state's general fund, would help reduce landfill waste and lower manufacturing
costs.
MoreRapid rise of ExactTarget uplifting for young techies
October 27, 2012
Greg AndrewsIn just over a decade, the interactive marketer has rocketed from bootstrapped startup to New York Stock Exchange-listed company
with a market value of $1.5 billion.
MoreIndiana manufacturers see momentum vanish
October 27, 2012
Dan HumanThe state lost an estimated 1,400 manufacturing jobs in September, the U.S. Bureau of Labor Statistics reported, and a wave
of layoff announcements in recent weeks suggests steeper declines are coming in the year’s final quarter.
MoreExactTarget eyed as attractive takeover target
October 26, 2012
Bloomberg NewsIndianapolis-based ExactTarget Inc., the fast-growing e-mail marketer that went public in March, is likely being looked at
as a possible takeover target by software giants including Microsoft, Oracle and SAP, according to industry experts.
MoreCompany plans to close 450-worker Indiana factory
October 25, 2012
Associated PressMichigan-based Cequent Performance Products factory is planning to close a 450-worker factory in Goshen where it makes trailer
hitches.
MoreFiltration manufacturer moving from Fishers to Anderson
October 23, 2012
Associated PressHy-Pro Filtration plans a $10.5 million construction project for its new facility and will move more than 100 employees from
Fishers to Anderson next year.
MoreNavistar reaches engine deal with Cummins
October 22, 2012
Associated PressNavistar International Corp. said Monday that it reached long-term supply agreements that will allow the company to put Cummins
Inc. engines in some of its largest trucks, as well as use its emissions-reducing technology.
MoreDANZ: Indianapolis tech community should build momentum
October 20, 2012
Kristine Danz / Special to IBJMore money, mentoring would add fuel to lively industry.
MoreUPS Foundation providing $50,000 for technology program
October 20, 2012
IBJ StaffThe Hire Technology manufacturing-logistics curriculum was developed by Conexus in partnership with Ivy Tech Community College.
MoreVIDEO: 12 startup pitches distilled to 3 minutes
October 19, 2012
Mason King
Boiling down the dozen pitches from budding entrepreneurs at Thursday's
Startup Bowl reveals vital themes: the mammoth influence of mobile, an intense craving for consumer data, and the relentless
pursuit of revenue.
Cummins to lay off at least 150 from Indiana plants
October 18, 2012
Associated PressEngine maker Cummins Inc. says it will lay off at least 150 workers from its southern Indiana factories as it carries out
its plan to cut up to 1,500 jobs worldwide by year's end.
MoreUnion: Indiana tech jobs at Cummins expected safe
October 17, 2012
Associated PressA union president says no layoffs are planned among the research, technical and support employees at Indiana operations as
engine maker Cummins Inc. makes cutbacks.
MoreHillenbrand paying $530M for German company
October 16, 2012
Cory SchoutenThe Batesville-based conglomerate best known for making caskets is making its biggest move yet to diversify away from the
funeral care business.
MoreHonda hopes 2013 Civic restores model's luster
October 13, 2012
Dan HumanThe next model of the Honda Civic, due out by year-end, may need hefty changes to silence critics and ensure the company’s
2,000-employee Greensburg factory has strong demand for its signature vehicle for years to come.
MoreBanks eager to loan, but small firms hold back
October 13, 2012
Kathleen McLaughlinIndiana banks can tout more success in small-business lending since the recession ended, but the success is hard-won because
the masses of entrepreneurs remain cautious about borrowing.
MoreRolls-Royce opens Indy service center
October 13, 2012
IBJ StaffThe aviation supplier's first defense operations center in the United States is at its Meridian Street complex downtown.
MoreIU’s tech chief using university's clout to save millions on software
October 13, 2012
J.K. WallUniversities are the hubs of the world’s knowledge economy, but they typically aren’t the smartest business operators
in the world. Brad Wheeler, chief information officer at Indiana University in Bloomington, is working to change that.
MoreExactTarget aims to be one-stop shop with acquisitions
October 12, 2012
J.K. WallIndianapolis-based ExactTarget Inc., which grew up as an e-mail blasting company focused on consumers, is trying to entrench
itself as a one-stop shop for smartly interacting with all manner of customers.
MoreExactTarget buys interactive marketing firms for $116M
October 12, 2012
IBJ StaffThe newly public tech company said it paid $95.5 million for Atlanta-based Pardot LLC and $21 million for Indianapolis-based
iGoDigital.
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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.