May 16, 2012
Melina Kennedy has joined the diesel engine maker's corporate communications team and will be responsible for executive communications,
research and speechwriting for CEO Tom Linebarger.
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May 11, 2012
Scott OlsonA shorter-than-usual abatement plan during which no property taxes are paid for three years is expected to help Van's Electrical
Systems invest $427,000 to purchase and rehab a vacant building on the city's west side.
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April 24, 2012
Kathleen McLaughlinAllison Transmission Holdings Inc. saw profits rise 57 percent, to $58 million, in the first quarter, the Indianapolis-based
manufacturer announced Monday. The earnings announcement was Allison’s first since it went public in March.
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March 3, 2012
Scott OlsonSupplier to begin producing door part made from kenaf, a plant similar to bamboo but related to cotton.
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February 26, 2012
Associated PressThe U.S. auto industry and Kokomo have staged an amazing comeback. But the resurrection of U.S. automakers has done little
to resolve a deep political divide over the bailout.
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February 2, 2012
Kathleen McLaughlinColumbus-based diesel engine maker Cummins Inc. reported record results for 2011, earning $1.85 billion on revenue of $18
billion.
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November 10, 2011
Allison Transmission Inc. hasn't given up on going public, despite nearly eight months passing since its initial filing with
the Securities and Exchange Commission.
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November 5, 2011
Anthony SchoettleThe company will lose $2 million next year in IndyCar-related business, but company founder Chris Paulsen has no fear.
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October 28, 2011
Bloomberg NewsPlants in Indiana and other states are slowly expanding as car companies foresee improved sales due to pent-up demand, population
growth and an aging vehicle fleet.
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October 26, 2011
IBJ StaffNew York-based Ener1 said in a filing Tuesday with the Securities and Exchange Commission that it would be suspended from
the NASDAQ exchange starting Thursday due to non-compliance with filing requirements.
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October 4, 2011
Goshen-based Wieland Designs Inc. said it will add the jobs by 2015 as part of a $1 million investment to improve existing
facilities and purchase specialized machinery to enhance production.
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October 3, 2011
Sunright America Inc., a Japanese manufacturer of automotive fasteners, plans to nearly double its current space in Columbus
and add the 100 jobs by 2014.
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September 22, 2011
IBJ StaffKYB Manufacturing North America Inc. expects to invest $6.4 million to add warehouse and distribution facilities to its existing
51-acre campus in Johnson County.
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September 21, 2011
Michigan-based CTA Acoustics Inc. plans to add 140 jobs by 2014 as part of a $9 million plan to open a plant in the town of
Orland in northeastern Indiana.
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August 18, 2011
Indiana Stampings LLC plans to add 75 jobs by 2013 as part of a $7.3 million expansion that includes leasing and equipping
a 155,000-square-foot facility.
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August 9, 2011
IBJ StaffNew York-based Ener1 Inc., which engineers and makes batteries in the Indianapolis area at its EnerDel subsidiary, announced
Tuesday that it won't file its second-quarter 2011 financial report on time.
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July 29, 2011
Ficosa North America will sideline workers beginning in September as the company consolidates mirror production and prepares
the plant to make other products.
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July 25, 2011
IBJ Staff and Associated PressThink North America, a company that has been making electric cars at a northern Indiana factory, has a new owner, giving local
officials more confidence in its future.
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July 19, 2011
Associated PressNavistar International Corp. is laying off some 200 contract workers from its Fort Wayne operations as part of its consolidation
to a new headquarters in suburban Chicago.
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July 15, 2011
IBJ StaffAuto parts supplier One Solution Logistics of Indiana Inc. will expand its operations in Greensburg, creating as many as 191
jobs as the Honda Motor Co. plant there adds a second shift, state economic development officials announced Friday.
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July 6, 2011
Scott OlsonThe company, which had planned to close its Brookville Road plant, now is set to create 250 new jobs by investing $19 million
in new equipment. It previously received $18 million in tax breaks and repaid $5 million to the city.
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June 24, 2011
IBJ Staff and Associated PressThe bankruptcy filing of an electric car manufacturer has clouded the future of a northern Indiana factory that was touted
as an economic boost for an area hit hard by job losses in the recreational vehicle industry.
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June 22, 2011
Kathleen McLaughlinThink Global, which has a factory in Elkhart and uses batteries made in the Indianapolis area, plans to liquidate its assets,
according to supplier Ener1 Inc. Ener1 expects to lose $32 million in the process.
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June 15, 2011
Atlanta-based Racer Wholesale has helped build national recognition for G-Force Racing Gear, which supplies racers with helmets,
driving suits, gloves, shoes and other safety gear.
More
June 8, 2011
Associated PressState regulators have issued $200,000 in fines against Chrysler for safety violations found during the investigation of a
worker's death at a central Indiana factory.
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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...