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Remy International
Remy International reports $138M annual profit
February 19, 2013
Dan HumanA one-time tax benefit more than doubled Remy International Inc.’s annual profit to $138.6 million, the Pendleton-based
manufacturer reported late Monday.
MoreRemy International CEO Weber stepping down
February 1, 2013
Dan HumanRemy International Inc. President and CEO John Weber will resign at the end of February after leading the company for seven
years, the Pendleton-based automotive supplier announced Friday.
MorePROXY CORNER: Remy International Inc.
December 22, 2012
Pendleton-based Remy International Inc. manufactures starters, alternators and electric motors for vehicles.
MoreRemy rises in first day of trading on NASDAQ exchange
December 13, 2012
Shares of the Pendleton-based company opened Thursday at $15.85 each and climbed to $16.50 by the end of the day. The stock
had previously been listed on the thinly traded pink sheets.
MoreRemy International getting prepared for another attempt at IPO
September 27, 2012
Scott OlsonThe Pendleton-based auto-parts manufacturer is offering 40,000 shares to employees and immediate family members to boost its
number of stockholders before a broader public offering.
MoreFlorida firm takes majority ownership in Remy
August 20, 2012
Dan HumanA Florida title insurer and mortgage service has increased its ownership of Pendleton-based manufacturer Remy International
Inc. to 50.2 percent.
MoreRemy International reports smaller first-quarter profit
May 10, 2012
IBJ StaffRemy International Inc. saw its sales fall slightly and profit plummet in the first quarter as it paid down debt, invested
in hybrid motor development and coped with a weak European market.
MoreManufacturers prowling for skilled workers
March 31, 2012
Kathleen McLaughlinFactories laid off droves of workers during the recession but now struggle to find tech-savvy employees during the recovery.
MoreRemy International reports lower third-quarter profit
November 8, 2011
The Pendleton-based company filed plans in March to raise up to $100 million through an initial public offering.
MoreWeak market could derail Allison's planned IPO
August 13, 2011
Greg AndrewsIndianapolis-based Allison Transmission in March said it planned to raise $750 million through a public stock sale, but the
economic outlook has darkened since then.
MoreCEO says transformation prepped Remy International for IPO
April 2, 2011
Greg AndrewsRemy’s transformation since 2007, when a $700 million debt load propelled it into bankruptcy court, could be fodder
for business-school case studies of the 21st century.
MoreRemy International files plans for public offering
March 28, 2011
Associated PressPendleton-based manufacturer Remy International Inc., the former General Motors Co. unit that exited bankruptcy in 2007, has
filed plans to raise up to $100 million through an initial public stock offering.
MoreRemy International considering stock offering, CEO says
January 24, 2011
Bloomberg NewsPendleton-based Remy International Inc., the former General Motors Co. unit that exited bankruptcy in 2007, is considering
a public offering of its stock this year, CEO John Weber says.
MoreMotor maker Remy plans expansion driven by electric vehicles
November 13, 2010
Kathleen McLaughlinMotor maker Remy International will embark on a major expansion next spring to satisfy growing demand from makers of hybrid
and electric vehicles—and Madison County officials think they’re well positioned to land the jobs.
MoreRemy rides home new contract from electric motorcycle maker
August 25, 2010
IBJ StaffMotoCzysz sees the Remy motor as part of an electric motorcycle-based drive system—tailored to automobiles. The companies
collaborated on the winning electric bike at Isle of Man race.
MoreHybrid-motor sales help boost Remy's quarterly results
August 17, 2010
Pendleton-based company reported both higher profit and revenue, helped by a 20-percent increase in hybrid-motor sales.
MoreRemy to supply motors for all-electric Equinox
August 10, 2010
Chris O'MalleyRemy International on Tuesday signed a contract with Cincinnati-based Advanced Mechanical Products Inc. to supply motors
for
an all-electric version of the Chevrolet Equinox.
MoreAllison dedicates $130 million hybrid plant
June 28, 2010
Kathleen McLaughlinAllison Transmission Inc. said Monday that it has begun renovating a vacant manufacturing space to work on hybrid systems
for commercial vehicles.
MoreCity hosting U.S.-China vehicle summit
May 24, 2010
Event will bring together a delegation of Chinese automakers and Indiana manufacturers to explore business opportunities relating
to hybrid and electric vehicles.
MoreRemy inks deal to supply hybrid motors to Allison
February 11, 2010
Chris O'MalleyRemy International and Allison Transmission will work together on a hybrid commercial truck program. Latest supply deal to
boost Remy's Anderson factory.
MoreRemy hybrid agreements help offset GM loss
January 27, 2010
Scott OlsonPendleton-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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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.