Manufacturing & Technology

Accuride warns of bankruptcy, reports loss

August 6, 2009
Scott Olson
Evansville-based truck parts maker Accuride Corp., one of the state's largest companies, warned today in its quarterly financial report that the company might seek bankruptcy protection if lenders refuse to restructure its debt.
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EnerDel lands $118 million stimulus grant

August 5, 2009
Scott Olson
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, will receive $118.5 million in a matching grant from the federal government.
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EnerDel lands $118 million stimulus grant

August 5, 2009
Scott Olson
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, will receive $118.5 million in a matching grant from the federal government.
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Calumet Specialty suffers loss on falling sales

August 5, 2009
Calumet Specialty Products Partners L.P. this morning reported a loss of $26 million in the second quarter due to high crude oil prices and flagging product demand.
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Dow Chemical seems poised to keep AgroSciencesRestricted Content

August 3, 2009
Peter Schnitzler
Midland, Mich.-based Dow Chemical Co. is still considering divesting Indianapolis subsidiary Dow AgroSciences LLC. But chances that the chemical manufacturing giant will sell its local agricultural chemical and biotech unit appear to have decreased.
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ALTOM: A voice of reason amid the craze over social media

August 3, 2009
Tim Altom
Now there are hordes of Web sites in every industry, for every region. If you use your site to attract business, you’re a snowflake in the world’s biggest blizzard.
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SURF THIS: Been avoiding Twitter? Time to reconsider

August 3, 2009
Jim Cota
"Do you tweet?" The answer for you (and your business) needs to be, “Yes, I do.”
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Lilly software spinoff Maaguzi sells for $11 millionRestricted Content

August 3, 2009
Chris O'Malley
Investors in a company built around clinical research software bought from Eli Lilly and Co. have found their exit, though it’s far from the lucrative payoff they’d once imagined.
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Mobile search engine faces test

August 3, 2009
 IBJ Staff
ChaCha Search, the increasingly popular creation of serial inventor Scott Jones, was bombarded last month after early reports that Michael Jackson had died.
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Cummins' stock rises despite lower revenue, profit

July 30, 2009
Cummins Inc.'s stock jumped more than 6 percent in morning trading after its quarterly results beat analyst estimates.
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Muncie manufacturer Duffy calling it quits

July 30, 2009
Duffy Tool & Stamping LLC in Muncie has notified the Indiana Department of Workforce Development that the company will close its plant by the end of October. Roughly 130 workers will lose their jobs as a result of the closure, Duffy said in its July 27 filing.
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Carbon Motors chooses Connersville

July 29, 2009
 IBJ Staff
Carbon Motors this morning officially selected Connersville for its proposed headquarters and manufacturing operations.
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UPDATE: Carbon Motors chooses Indiana

July 29, 2009
Carbon Motors this morning officially selected Connersville for its proposed headquarters and manufacturing operations.
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Carbon Motors has chosen Indiana, official says

July 29, 2009
Scott Olson
A rally this morning in Connersville originally intended to help persuade a police car manufacturer to locate a major factory there appears to be a celebration party.
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125 workers at Indianapolis GM plant take buyout offer

July 27, 2009
Kathleen McLaughlin
More than 125 people at General Motors Corp.’s metal-stamping plant in Indianapolis have signed up for buyouts or early-retirement packages that are worth as much as $115,000 in cash per worker, a union official said this morning.
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Time Factory will challenge Shutterfly, Flickr for Web photo marketRestricted Content

July 27, 2009
Chris O'Malley
Indianapolis calendar publisher Time Factory Publishing is launching a Website to compete with photo sharing and publishing sites Shutterfly and Flickr.
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Battered manufacturing towns hungry for food processorsRestricted Content

July 27, 2009
Kathleen McLaughlin
Economic development officials like the stability of the food business, though wages typically are mediocre.
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Health care marketers taking the pulse of consumers' online habitsRestricted Content

July 20, 2009
Christina Galoozis
Health care marketers can adapt to, and even use to their advantage, the online search habits of consumers. Understanding when and why people search for specific health-related terms is vital to attracting more visitors (i.e. patients) to a Web site.
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ALTOM: Technology moves too fast for law to keep upRestricted Content

July 20, 2009
Tim Altom
Technologists don’t usually give the law a basketful of respect. From our point of view, the law is struggling frantically to stay within a hundred yards of our bleeding edge. By the time the law gets around to speaking on a technical subject, the subject may not even exist anymore.
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Automotive industry's fall dilutes manufacturing jobsRestricted Content

July 20, 2009
 IBJ Staff
The fact that Indiana is shedding manufacturing jobs is well-known, but you can thank a neighbor to the north for keeping track of every last one. The Milwaukee Journal-Sentinel reported recently that Wisconsin had taken the top spot, ahead of Indiana, in terms of the portion of employment in manufacturing—15.6 percent, versus Hoosiers’ 15.4 percent.
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Brightpoint prices offering of 15 million shares

July 16, 2009
Scott Olson
Wireless device distributor Brightpoint Inc. said today it has priced 15 million shares of a previously announced stock offering at $5 each.
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Connersville a finalist for police-cruiser plant

July 15, 2009
 IBJ Staff
Connersville is among three finalists in the running to produce a new police cruiser that runs on clean diesel and biodiesel technology.
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Interactive Intelligence expects higher profit

July 14, 2009
Interactive Intelligence said yesterday it expects a profit of between $1.8 million and $2.5 million in the second quarter, up from $845,000 the company earned in the same period last year.
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Brightpoint's Danish deal not so sweet two years laterRestricted Content

July 13, 2009
Greg Andrews
The cross-continent mega deal that made Brightpoint Inc. the world’s biggest wireless phone distributor has lost much of its sheen two years after being struck. Brightpoint Inc. in August 2007 purchased Denmark-based Dangaard Telecom for $385 million in stock and the assumption of $350 million in Dangaard debt.
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Brightpoint shareholder selling shares

July 13, 2009
Scott Olson
Brightpoint Inc. said this morning shareholder NC Telecom Holding A/S would sell 15 million common shares in a public offering.
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