Manufacturing & Technology

Angie's List hires former Travelocity tech chief

March 11, 2014
Chris O'Malley
Robert Wiseman has experience in "high-volume, consumer-centric e-commerce" after working for Orbitz Inc., Travelocity and Sabre Travel Network.
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Dow AgroSciences nears jackpot from genetic engineering

March 8, 2014
Dan Human
Dow AgroSciences LLC is spending millions of dollars and racking up hundreds of patents as its expands ever deeper in the burgeoning global market for genetically modified crops and pesticides.
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Hurco beats expectations with higher sales, profit

March 7, 2014
 IBJ Staff
Hurco Cos. Inc. saw slightly higher profit in the first quarter on a 16-percent jump in sales and service fees, the Indianapolis-based industrial technology company reported Friday morning.
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Auto auctioneer invests big in tech as sales go online

March 6, 2014
Dan Human
KAR Auction Services Inc. expects to spend as much as $125 million on technology this year as its focus continues to shift to the Web and apps.
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Hurco's longtime CFO resigns abruptly

March 3, 2014
 IBJ Staff
John G. Oblazney, chief financial officer at Hurco Cos. Inc. since 2006, has left the Indianapolis-based company to “pursue other interests,” Hurco announced Monday.
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Cummins recalling 25,013 engines over possible fire risk

March 3, 2014
Associated Press
The engines can be found in a variety of commercial vehicles including school and transit buses as well as fire trucks.
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Tech firms dangle amenities to lure sought-after workersRestricted Content

March 1, 2014
Dan Human
Industry goliaths in Silicon Valley have thrown lavish perks at employees for years. As employment in Indianapolis tech firms has skyrocketed in recent years, a lot more companies are looking for workers, heating up competition.
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ExactTarget revenue climbs, beats expectations

February 28, 2014
Dan Human
ExactTarget has produced $194 million in sales since Salesforce.com closed on its $2.5 billion acquisition in July.
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Tech startup plans 150 local jobs by 2018

February 27, 2014
 IBJ Staff
Gusto LLC, a tech startup founded by former ChaCha and Overstock.com executive Shawn Schwegman, said it will invest $975,000 to launch the company and its debut product.
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Notre Dame, Purdue, IU to help with manufacturing institutes

February 27, 2014
Associated Press
The University of Notre Dame, Purdue University and Indiana University have been selected as research partners for two institutes backed by the federal government.
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Subaru continues Lafayette factory plans with far fewer jobs

February 27, 2014
Associated Press
Subaru is moving ahead with its plans for spending more than $400 million to expand and upgrade its Lafayette factory while significantly scaling back the expectations for new jobs.
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Bluelock adds former ExactTarget exec, plans to hire 20

February 26, 2014
Dan Human
Joe Kuntz will help the cloud-services firm explore new markets. Its recent move into data recovery has sparked plans to increase headcount by about 50 percent.
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New owner to spend $51M firing up Noblesville foundry site

February 25, 2014
Andrea Muirragui Davis
ID Castings LLC plans to resurrect the property on South Eighth Street, an eyesore that has been underused for years. The company is asking the city for a $1.3 million tax break.
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Anthem seeking OK to test online physician visitsRestricted Content

February 22, 2014
J.K. Wall
House Bill 1258 would allow the large health insurer Anthem Blue Cross and Blue Shield to launch a pilot program using the Live Health Online technology it has developed with Massachusetts-based software firm American Well Corp.
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ExactTarget mulls building downtown tower

February 22, 2014
Scott Olson
ExactTarget Inc. is evaluating downtown sites where it could build a headquarters tower as large as 500,000 square feet, real estate brokers familiar with the discussions told IBJ.
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Calumet shares skid on big fourth-quarter loss

February 19, 2014
 IBJ Staff
The Indianapolis-based processor of crude oil blamed its loss on tighter profit margins and higher operating costs. It has been on an acquisition spree since 2011.
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New owner plans to reopen RV factory

February 19, 2014
Associated Press
The factory's Florida-based parent company closed the plant without notice on Feb. 10, ending the jobs of about 85 workers and turning away those who arrived for work in the morning.
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Indiana RV museum on road to recovery

February 16, 2014
Associated Press
The 71-year-old president of the RV/MH Hall of Fame in Elkhart says the museum's debt has been reduced from $5.5 million to about $2.5 million.
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Internet-based weather forecasters offer bolder, more detailed outlooks

February 15, 2014
Chris O'Malley
A posse of Internet-based prognosticators is offering not just forecasts but sometimes even mounds of data left open to interpretation.
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Allison Transmission finishes lackluster year with bang

February 14, 2014
 IBJ Staff
Allison Transmission Holdings Inc. kicked its fourth quarter into overdrive with a 70-percent increase in profit over the same quarter in 2012, the firm reported Thursday. But profit for the year was down significantly.
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Lighting factory to close, laying off 95 workers

February 13, 2014
Associated Press
In 2008, the Federal-Mogul factory in Avilla announced an expansion that could bring employment to 170 by 2010. But the company says it now has only 95 employees.
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Rolls-Royce wins $1B contract from Lockheed Martin

February 12, 2014
Scott Olson
The company will supply 600 engines built in Indianapolis to Lockheed through 2025 for use in its C-130J Super Hercules aircraft.
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Twitter sued over James Dean-linked accounts

February 11, 2014
Associated Press
James Dean Inc., represented by Indianapolis-based CMG Worldwide, wants Twitter to shut down an unofficial account with more than 8,000 followers.
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Manufacturer plans expansions at two Indiana plants

February 10, 2014
Associated Press
Shiloh Die Cast Midwest LLC plans to expand two of its plants in northeast Indiana, leading to 145 new jobs by 2018, the company announced Monday night.
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CloudOne nabs $2.8 million in venture capital

February 10, 2014
Dan Human
The Indianapolis-based technology firm has landed more than $7 million in venture capital since it was founded in 2009.
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  1. to mention the rest of Molly's experience- she served as Communications Director for the Indianapolis Department of Public Works and also did communications for the state. She's incredibly qualified for this role and has a real love for Indianapolis and Indiana. Best of luck to her!

  2. Shall we not demand the same scrutiny for law schools, med schools, heaven forbid, business schools, etc.? How many law school grads are servers? How many business start ups fail and how many business grads get low paying jobs because there are so few high paying positions available? Why does our legislature continue to demean public schools and give taxpayer dollars to charters and private schools, ($171 million last year), rather than investing in our community schools? We are on a course of disaster regarding our public school attitudes unless we change our thinking in a short time.

  3. I agree with the other reader's comment about the chunky tomato soup. I found myself wanting a breadstick to dip into it. It tasted more like a marinara sauce; I couldn't eat it as a soup. In general, I liked the place... but doubt that I'll frequent it once the novelty wears off.

  4. The Indiana toll road used to have some of the cleanest bathrooms you could find on the road. After the lease they went downhill quickly. While not the grossest you'll see, they hover a bit below average. Am not sure if this is indicative of the entire deal or merely a portion of it. But the goals of anyone taking over the lease will always be at odds. The fewer repairs they make, the more money they earn since they have a virtual monopoly on travel from Cleveland to Chicago. So they only comply to satisfy the rules. It's hard to hand public works over to private enterprise. The incentives are misaligned. In true competition, you'd have multiple roads, each build by different companies motivated to make theirs more attractive. Working to attract customers is very different than working to maximize profit on people who have no choice but to choose your road. Of course, we all know two roads would be even more ridiculous.

  5. The State is in a perfect position. The consortium overpaid for leasing the toll road. Good for the State. The money they paid is being used across the State to upgrade roads and bridges and employ people at at time most of the country is scrambling to fund basic repairs. Good for the State. Indiana taxpayers are no longer subsidizing the toll roads to the tune of millions a year as we had for the last 20 years because the legislature did not have the guts to raise tolls. Good for the State. If the consortium fails, they either find another operator, acceptable to the State, to buy them out or the road gets turned back over to the State and we keep the Billions. Good for the State. Pat Bauer is no longer the Majority or Minority Leader of the House. Good for the State. Anyway you look at this, the State received billions of dollars for an assett the taxpayers were subsidizing, the State does not have to pay to maintain the road for 70 years. I am having trouble seeing the downside.

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