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Trailer company buying closed northern Indiana factory
March 18, 2010
IBJ Staff and Associated PressExecutives of Novae Corp. announced plans for the company's expansion in North Manchester, where it expects to employ perhaps
85 people by 2013.
MoreFord supplier Lear to add 200-plus jobs in Hammond
March 2, 2010
IBJ StaffMichigan-based auto components maker Lear Operations Corp. plans to invest more than $2.2 million to expand and upgrade its
manufacturing facility in Hammond, adding more than 285 jobs this year.
MoreAnalyst: Recalled Toyotas likely won't face long-term resale hit
January 29, 2010
Chris O'MalleyRecalled Toyotas have been yanked from used-vehicle auction blocks, but resale values should be protected if Toyota handles
the
recall with "transparency," according to a local analyst.
MoreJob cuts begin at east-side steering parts plant
January 29, 2010
Fifteen employees at an east-side automotive plant operated by a Ford subsidiary will lose their jobs on March 31. More job
cuts are expected, as the factory prepares to close by the end of 2011.
MoreEnerDel has more deals in the works
January 21, 2010
Kathleen McLaughlinLithium battery maker EnerDel will need more business than its existing relationships with Think and Volvo to justify the
$237 million investment
it announced Thursday.
MoreLocal distributor of janitorial supplies makes acquisition
January 5, 2010
Scott OlsonIndianapolis-based HP Products Corp. announced Tuesday morning that it has completed its acquisition of Great Lakes Supply
and Chemical in Michigan City.
MoreIndy Power Systems technology cited by Discovery magazine
December 19, 2009
IBJ StaffFounder Steve Tolen started out to make an electric car and wound up with a device to blend and regulate power among different
types of electric batteries.
MoreAuto parts maker to add 130 jobs in Princeton
December 9, 2009
IBJ StaffAutomotive component maker Windsor Machine Group will invest more than $4 million to establish a manufacturing facility in
southwest Indiana, eventually creating as many as 130 jobs, the Indiana Economic Development Corp. announced early Wednesday.
MoreOhio manufacturer expanding in northeast Indiana
December 9, 2009
IBJ StaffAn Ohio manufacturing company plans to spin off its machining and fabrication operations and set up shop in northeast Indiana,
creating 111 jobs by 2014, state economic development leaders said Tuesday evening.
MoreEnerDel parent receives $20M investment
December 7, 2009
The parent of EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, announced Monday morning that it
has received about $20 million in investment capital from a Japanese company.
MoreDelphi to supply Allison with hybrid components
December 7, 2009
Indianapolis-based Allison Transmission Inc. announced Monday morning that it has entered into a long-term agreement to have
Delphi Automotive Systems Inc. supply it with hybrid drive-system components and energy-storage systems.
MoreWestfield's Truss Manufacturing Co. changes name, expands product line
November 21, 2009
IBJ StaffTruss Manufacturing Co., a fixture along U.S. 31 in Westfield since 1959, in October changed its name to TMC Building Products
to emphasize its expansion into other supplies.
MoreState lands $4 million grant to aid autoworkers
November 18, 2009
The U.S. Department of Labor awarded the Indiana Department of Workforce Development a $4 million grant on Wednesday to help
autoworkers transition into alternate careers.
MoreCutbacks help Remy improve quarterly profit
November 17, 2009
Auto parts maker Remy International Inc. said Monday that profit rose to $16.5 million in the third quarter, up from $4.3
million in the same quarter a year ago, as the company cut staff and pay to compensate for lagging sales.
MoreLosses grow for EnerDel parent, but sales rise
November 11, 2009
IBJ StaffNew York-based Ener1 reported late Monday that it suffered a third quarter loss of $15.8 million.
MoreGM to draw government funds for Delphi costs, source says
October 28, 2009
Associated PressGeneral Motors Co. will announce later this week that it will draw from its government funding to pay the cost of buying a
chunk of troubled parts supplier Delphi Corp., a person briefed on the company's finances said Wednesday.
MoreAccuride restructuring under Chapter 11 bankruptcy
October 8, 2009
Evansville-based Accuride Corp. filed for Chapter 11 bankruptcy protection Thursday as part of a restructuring of debt.
MoreLithium-ion battery maker names new president
September 10, 2009
IBJ StaffEnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, has named a new president, the company announced
today.
MoreRegion's expertise in hybrid cars goes beyond high-profile players
September 5, 2009
Chris O'MalleyBright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several
other players poised to be big players in the sector. In fact, few realize that North America’s largest producer
of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.
MoreBoomtown on hold: Recession delays Honda's full impact on Greensburg
June 22, 2009
Kathleen McLaughlinJobs created by the new manufacturing plant have been offset by losses elsewhere in the community, and related development
remains scarce. But local officials remain optimistic about Honda's long-term impact.
MorePowerway finds its Waypoint
May 11, 2009
Back when the automakers were on a roll, Powerway Inc. looked so promising that a public offering seemed around the bend.
Now Powerway itself is gone—at least in name.
MoreAllison Transmission invests in British engineering firm
May 4, 2009
Kathleen McLaughlinThough plagued by debt, Allison Transmission recently plowed millions of dollars into experimental technology that could lead
to new products.
MoreQuality-control firm launches after key player folds
April 13, 2009
Kathleen McLaughlinEntrepreneur Steven J. Cage has launched a new quality-control business after the one he built into an industry leader shuttered
suddenly.
MoreJackpot awaits lawyers in price-fixing litigation
March 30, 2009
Greg AndrewsAttorneys for concrete purchasers who say they were victims of a price-fixing scheme have waged a tenacious legal battle over
the last four years, and .now
they're ready to cash in.
MoreIndy Power drops electric-car focus for more lucrative control boxes
March 30, 2009
Chris O'MalleyAfter a stint making parts for electric cars, Symphony Motors recently became Indy Power Systems, changing course to make
power control boxes for a variety of vehicles and also industrial and military applications.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.