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Manufacturing & Technology
Angie's List turns corner on profitability
February 13, 2013
Chris O'MalleyIndianapolis-based Angie's List on Wednesday reported fourth-quarter profit of $2.4 million—the consumer-ratings
service's first profitable period since its 1995 founding.
MoreCalumet's 2012 profit rockets to $205.7 million
February 13, 2013
Dan HumanAn acquisition spree helped oil refiner Calumet Specialty Products increase profit almost five-fold in 2012, the Indianapolis-based
company reported Wednesday morning.
MoreGreensburg auto-parts plant plans expansion, 200-plus hires
February 12, 2013
IBJ StaffAutomotive supplier Valeo expects to invest $15.5 million in new machinery for its Greensburg facility as part of its plans
to expand operations in the plant and bring more than 200 workers onto the company payroll by 2014.
MoreFirm's Klipsch purchase hasn't rocked Wall Street
February 9, 2013
Dan HumanVoxx International Corp.’s $166 million buyout of Indianapolis-based speaker maker Klipsch Group two years ago so far
hasn’t generated the excitement on Wall Street that Voxx wants.
MoreSensient plans to move Indy headquarters to Chicago
February 8, 2013
IBJ StaffMilwaukee-based Sensient Technologies Corp. said Friday it plans to move its Indianapolis-based Flavors & Fragrances Group
corporate headquarters to Chicago before mid-2014.
MoreCalumet jumps into $300 million refinery joint venture
February 7, 2013
Dan HumanCalumet Specialty Products Partners LP plans to build a $300 million diesel refinery in North Dakota as part of a joint venture
with energy company MDU Resources Group Inc., the firms announced after markets closed Thursday.
MoreCummins' earnings, revenue fall on weaker demand
February 6, 2013
IBJ StaffEngine maker Cummins Inc. saw profit sink 30 percent in the fourth quarter as demand for its products fell in both domestic
and international markets. Full-year profit and revenue also fell.
MorePurdue lands $14.5M to expand nanotechnology portal
February 5, 2013
J.K. WallPurdue University announced Tuesday that some of its researchers won a five-year, $14.5 million grant from the National Science
Foundation to expand the school’s online gateway for instruction, research and simulations in nanotechnology.
MoreLocal tool supplier plans to expand, add 20 jobs
February 5, 2013
Indianapolis-based Hahn Systems LLC said it will add 20 jobs by 2016 as part of a $900,000 expansion that includes purchasing
and equipping a 27,000-square-foot facility.
MoreHealth care startups hungry for funds
February 2, 2013
J.K. WallFrustrated by up-and-down state funding for startup life sciences companies, industry leaders are talking up a plan to create
a dedicated funding stream that could total $30 million a year.
MoreEmmis executive a technology pioneer
February 2, 2013
Anthony SchoettlePaul Brenner, chief technology officer for Emmis Communications Corp., is largely credited with pioneering two recent technological
breakthroughs that could pump badly needed revenue into the radio industry.
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.
MoreGM moving 80 jobs from Castleton to Michigan
January 30, 2013
Associated PressGeneral Motors on Wednesday said it plans to move 80 jobs from Indianapolis to Pontiac, Mich., as part of a plan to expand
its engine and transmission development headquarters.
MoreDivision of Carmel firm plans 300 jobs in Fort Wayne
January 29, 2013
Associated PressAccelerated Tanks and Trailers, a division of a Carmel-based company, plans to open a Fort Wayne manufacturing plant that
could bring about 300 new jobs to northeast Indiana by 2016.
MoreSale of family-owned business leads to lawsuit
January 28, 2013
Scott OlsonDeborah Ecksten, a former shareholder of Indianapolis-based Createc Corp., is suing her brother and mother, claiming they
earned multimillion-dollar profits at her expense by selling the company without her knowledge.
MoreChaCha secures $14M investment to expand services
January 28, 2013
Scott OlsonThe latest round of funding will enable ChaCha to make "significant" investments in new products to expand both mobile and
online services, CEO Scott Jones said. Internally, the project is dubbed "Go Big."
MoreHillenbrand diversifies by growing whole new business
January 26, 2013
Kathleen McLaughlinCasket company turns heads with aggressive foray into equipment manufacturing.
MoreMarketer SmallBox helping clients improve their cultures
January 26, 2013
Andrea Muirragui DavisIn mid-2011, the staff of local Web marketing firm SmallBox began a period of self-reflection that allowed the team to identify
its “North Star,” the purpose, mission and vision that keeps a company headed in the right direction. It's now
spreading the word.
MoreTool-maker Hurco makes headway after tough stretch
January 26, 2013
Dan HumanThe company, which develops computer-controlled equipment for cutting and forming metal, made progress in fiscal 2012 toward
restoring profitability to pre-recession levels.
MoreMaker of app that helps not-for-profits gets seed funding
January 26, 2013
IBJ StaffCause.it, founded by students from I.U. and Purdue, was awarded $500,000 by Innovate Indiana.
MoreRolls-Royce cutting production jobs in Indy
January 25, 2013
Dan HumanRolls-Royce has offered buyouts and early retirement to 28 union production workers because of decreased product demand. The
company declined to say whether any non-union workers were being cut.
MoreCarmel tech consultant plans expansion, 36 jobs
January 24, 2013
Allegient LLC said it will add the jobs by 2017 and expand its Carmel headquarters by 4,000 square feet.
MoreLocal tooling manufacturer acquired by private-equity firm
January 21, 2013
Techniks Inc., a designer and distributor of industrial cutting tools, has been acquired by Tenex Capital Management. Tenex,
in turn, merged Techniks into another of its companies, Jasper-based Nap Gladu, to form a new holding company.
MoreTrafalgar company bringing reflective technology to consumer market
January 19, 2013
Chris O'MalleyHalo Coatings, founded in 2007, spent its early years licensing its proprietary reflective technology for powder-coating applications
to companies involved in highway infrastructure, such as guardrails. But it's now shifting its focus to the big players in
the apparel, medical and consumer-product fields.
MoreFormer BrightPoint exec joins Angie’s List as COO
January 17, 2013
Scott OlsonJ. Mark Howell will join the Indianapolis-based public company March 1. Howell previously spent 18 years as an executive with
BrightPoint Inc., which was acquired in October by California-based Ingram Micro Inc.
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Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.
The Prestige was a great flick.
Larry - even though the race is on ABC, ESPN does all of the work, so that is why ESPN is mentioned. Most sports on ABC are called something like "ESPN on ABC."