May 1, 2012
Kathleen McLaughlinRolls-Royce Corp. said Tuesday that its landed a $315 million contract from Pratt & Whitney for its LiftSystem, which
enables short takeoffs and vertical landings by the U.S. Marine Corps’ F-35B aircraft.
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April 14, 2012
The British engine maker received a $151 million contract to continue making engines for the V-22 Osprey.
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March 31, 2012
Kathleen McLaughlinFactories laid off droves of workers during the recession but now struggle to find tech-savvy employees during the recovery.
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March 6, 2012
Kathleen McLaughlinRolls-Royce Corp. plans to invest $42 million to set up a new manufacturing plant in Indianapolis and create 100 jobs by 2014,
the company announced Tuesday morning.
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February 9, 2012
IBJ Staff and Bloomberg NewsRolls-Royce Holdings Plc, the world’s second-largest aircraft-engine maker, said profit rose in line with estimates,
buoyed by a backlog of orders from Boeing Co. and Airbus SAS.
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December 24, 2011
The aircraft-engine maker will occupy Eli Lilly and Co.’s former Faris Campus on South Meridian Street, which is being
renamed the Rolls-Royce Meridian Center.
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December 20, 2011
Francesca JaroszRolls-Royce Corp. began moving employees to its new downtown office building on Monday—a shift an IUPUI analyst projected
could generate $510 million in annual economic activity.
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December 5, 2011
Cory SchoutenA plan to offer a 10-year tax abatement worth $23 million for Rolls-Royce Corp. to redevelop two plants on the west side and
move thousands of office workers into downtown's Faris campus is scheduled for an initial hearing Wednesday.
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October 1, 2011
Kathleen McLaughlinRolls-Royce Corp.'s Indianapolis plant is preparing to become the global manufacturing site for a large jet-engine component,
the banded stator. Rolls-Royce will shift production from an outside supplier, creating 100 jobs.
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September 22, 2011
Kathleen McLaughlinSome members of Congress hope to revive work on the alternate engine for the F-35 Joint Strike Fighter, which Rolls-Royce
in Indianapolis worked on for nine years before the project was halted in April.
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August 23, 2011
Francesca JaroszThe Capital Improvement Board will be charged with helping Rolls-Royce Corp. find up to an additional 500 parking spaces to
accommodate the company’s move to a downtown office campus formerly occupied by Eli Lilly and Co.
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August 20, 2011
IBJ StaffRolls-Royce is pairing with a California company to penetrate the Russian market.
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August 8, 2011
Kathleen McLaughlinRolls-Royce Group, one of the largest employers in Indianapolis, is studying sites in the United States and Germany for new
engine test sites.
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July 2, 2011
Kathleen McLaughlinRolls-Royce’s Indianapolis plant assembles few of its workhorse T56 aircraft engines in whole, but cranking out spare
parts for overhauls is a large business. The last contract modification, issued by the U.S. Air Force in 2007, is worth up
to $789 million and is still active.
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June 15, 2011
IBJ StaffRolls-Royce Corp. this week was awarded a $34.2 million modification to an engine maintenance contract from the Department
of Defense’s Naval Air Systems Command.
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May 31, 2011
Associated PressThe U.S. House committee rejected efforts by some in Congress to spend more money on construction of an extra engine for the
F-35 Joint Strike Fighter for the Air Force, Navy and Marine Corps.
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May 4, 2011
Associated PressA U.S. House panel on Wednesday took a step toward reviving the alternate engine for the next-generation F-35 fighter plane
that the Indianapolis operations of Rolls-Royce Corp. had been working on until a month ago.
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April 27, 2011
Kathleen McLaughlinCompetition from a new, state-of-the-art Rolls-Royce factory in Virginia drove contract talks in Indianapolis between the
company and a union representing 1,700 of its workers here.
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April 26, 2011
IBJ Staff and Associated PressCongress and the General Electric/Rolls-Royce group that was developing the engine were notified of the termination decision
Monday. Rolls-Royce had about 130 people, mostly engineers, working on the F-35 project in Plainfield and Indianapolis.
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April 15, 2011
Kathleen McLaughlinThe federal budget crunch already has halted work on a second engine for the F-35 Joint Strike Fighter being developed by
General Electric and Rolls-Royce—putting thousands of jobs in jeopardy—and it's not the only aerospace program
facing an uncertain future.
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April 2, 2011
Francesca JaroszCity officials’ fear that Rolls-Royce Corp. might pull thousands of jobs out of Indianapolis drove the negotiations
that culminated last month with the company’s committing to move 2,500 of its local office employees to the south side
of downtown.
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March 31, 2011
Associated PressA second person has joined a lawsuit alleging Rolls-Royce Corp. concealed repeated defects at an Indianapolis aircraft engine
plant and fired workers for reporting problems.
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March 24, 2011
Bloomberg NewsThe U.S. Defense Department on Thursday directed General Electric Co. and Rolls-Royce Group Plc to halt work on a second engine
for the F-35 Joint Strike Fighter until there is more explicit direction in the fiscal 2012 budget.
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March 22, 2011
Tom HartonThe decision by Rolls-Royce Corp. to occupy Eli Lilly and Co.’s Faris office campus downtown headed off what could have
been a big spike in the central business district Class A office vacancy rate.
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March 15, 2011
Scott OlsonThe British-based company will move the office workers later this year to a downtown Indianapolis office building on South
Meridian Street formerly occupied by Eli Lilly and Co.
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Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".
Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.
Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"
Pretty clear, he would love to go back and tell TG and the team owners not to split.
I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.
Truth,
So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.
I want to live in a city that has a garage structure to be proud of for it's innovating design!
Well written Anthony. I think the toughest thing for the Hulmans and true of any family company is that reality was getting more complex than could be handled by the family. Almost any family owned business must realize that or die. Tough decisions, but ones that had to be made.
I don't like the wall signage, but in this era of sports marketing it is almost required. Many folks cringed at advertising at Assembly Hall and Hinkle fieldhouse, but times and finances change.
Thanks also for reminding us the other blue chip sponsors IMS has picked up.
Not to mention how it would improve the view from the offices of the AUL building. Do you remember when Circle Center had a contest for the best roof design after the mall was completed? Great opportunity here...