Suppliers

Cummins hires ex-Indianapolis mayoral candidate

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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Local automotive supplier in line for new city incentive

May 11, 2012
Scott Olson
A 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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Allison earnings rise on surging sales

April 24, 2012
Kathleen McLaughlin
Allison 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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Greencastle plant key in Ford's environmental movementRestricted Content

March 3, 2012
Scott Olson
Supplier to begin producing door part made from kenaf, a plant similar to bamboo but related to cotton.
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Auto town Kokomo on the mend, but bailout still divides

February 26, 2012
Associated Press
The 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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Cummins posts record results for quarter, 2011

February 2, 2012
Kathleen McLaughlin
Columbus-based diesel engine maker Cummins Inc. reported record results for 2011, earning $1.85 billion on revenue of $18 billion.
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Allison Transmission still chasing initial public offering

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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NASCAR deal comes at good time for C&R RacingRestricted Content

November 5, 2011
Anthony Schoettle
The company will lose $2 million next year in IndyCar-related business, but company founder Chris Paulsen has no fear.
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Confident automakers adding factory workers

October 28, 2011
Bloomberg News
Plants 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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NASDAQ set to remove EnerDel parent from exchange

October 26, 2011
 IBJ Staff
New 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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Furniture manufacturer plans expansion, 120 more jobs

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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Auto parts maker plans to add 100 jobs in Columbus

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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Japanese auto parts maker adding 50 jobs in Franklin

September 22, 2011
 IBJ Staff
KYB 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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Auto parts manufacturer to open plant in Steuben County

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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Auto stampings plant plans to add 75 jobs in Muncie

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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EnerDel parent says quarterly report will be late

August 9, 2011
 IBJ Staff
New 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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Northeastern Indiana auto parts maker laying off 175

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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Indiana electric car company gets new owner

July 25, 2011
 IBJ Staff and Associated Press
Think 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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Navistar cutting 200 contractor jobs in Fort Wayne

July 19, 2011
Associated Press
Navistar 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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Logistics firm adding 191 jobs in Greensburg

July 15, 2011
 IBJ Staff
Auto 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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Navistar seeks more tax breaks after old deal failed

July 6, 2011
Scott Olson
The 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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Elkhart mayor worried about car plant's future

June 24, 2011
 IBJ Staff and Associated Press
The 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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Electric car company filing for bankruptcy

June 22, 2011
Kathleen McLaughlin
Think 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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Local motorsports supplier acquiring safety gear vendor

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.
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Chrysler faces fines over Kokomo plant death

June 8, 2011
Associated Press
State 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.
More
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  1. 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.

  2. 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.

  3. I want to live in a city that has a garage structure to be proud of for it's innovating design!

  4. 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.

  5. 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...

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