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Manufacturing & Technology
Hope for Hostess? Judge pushes sides into mediation
November 19, 2012
Bloomberg NewsHostess Brands Inc. will hold talks with its bakery workers’ union on Tuesday to explore the reasons for a strike that
the maker of Twinkies and Wonder bread said will force it to liquidate.
MoreTwinkies likely to survive sale of Hostess
November 19, 2012
Associated PressOther companies are interested in bidding for at least pieces of Hostess because of the high brand recognition and $2.5 billion
in annual revenue. Twinkies alone have brought in $68 million in revenue so far this year.
MoreAllison Transmission, union reach tentative agreement
November 16, 2012
Dan HumanMembers of United Auto Workers Local 933 must vote in favor of the five-year collective bargaining agreements before they
would go into effect.
MoreHostess to close all plants, fire thousands of workers
November 16, 2012
Dan Human, Bloomberg NewsHostess Brands Inc. said Friday it will close all of its plants, leading to the loss of hundreds of jobs in Indiana and thousands
more nationwide. The company employs 288 in Indianapolis.
MoreHostess says liquidation decision expected Friday
November 15, 2012
Associated PressHostess Brands said it likely won't make an announcement until Friday morning on whether it will move to liquidate its
business, after the company had set a Thursday deadline for striking employees to return to work.
MoreAllison negotiators extend contracts until next week
November 15, 2012
Dan HumanThe commercial transmission maker's existing contracts, which were set to expire at 11:59 p.m. Wednesday, will remain
in force until noon Nov. 21.
MoreHostess: Firm to liquidate unless workers return Thursday
November 14, 2012
Dan HumanThe maker of Wonder bread and Twinkies said it doesn't have the financial resources to survive the ongoing strike by the bakers'
union.
MoreTruck-parts supplier expanding in Plainfield, adding 82 jobs
November 13, 2012
Troy, Mich.-based Meritor Inc., a global supplier of commercial truck parts, said it will consolidate North American remanufacturing
operations by moving production from Ontario, Canada, to its facility in Hendricks County.
MoreAllison Transmission workers may strike this week
November 13, 2012
Dan HumanMembers of United Auto Workers Local 933, which represents roughly 1,500 hourly workers, could declare a strike if negotiators
do not reach an agreement with Allison Transmission by a Wednesday deadline.
MoreHostess plant closings so far spare Indy, Columbus
November 13, 2012
IBJ Staff and Bloomberg NewsThe maker of Wonder bread and Twinkies said it is permanently closing plants in Cincinnati, Seattle and St. Louis. The company
has about 875 workers in Indiana, about half of them members of the striking bakers' union.
MoreHostess mulling Indiana plant closures after walkout
November 12, 2012
IBJ Staff and Bloomberg NewsA Hostess spokesman said the company is debating whether it will close its Indiana plants after workers went on strike on
Friday. Hostess employs about 875 workers in Indiana, including 288 in Indianapolis.
MoreLocal scientific software firm plans to add 63 jobs
November 12, 2012
Scott OlsonIndianapolis-based Indigo Biosystems Inc., a scientific software provider, announced Monday morning that it plans to add 63
jobs by 2015 as part of a $1.4 million expansion.
MoreGilchrist & Soames enjoying sweet smell of success
November 10, 2012
Scott OlsonPlainfield-based company provides its soaps and shampoos to world's most prestigious hotels.
MoreHoosier colleges discover patents aren't just for faculty anymore
November 10, 2012
Chris O'MalleyUniversities that once focused on faculty inventions now are encouraging students to pursue patents. Last year, 355 Purdue
University students filed a patent, a 62-percent jump from 218 student-filed patents the previous year.
MoreRefinery purchases bring big gains to Calumet
November 10, 2012
Dan HumanBetter profitability in crude-oil refining has prodded Calumet Specialty Products Partners LP into a $1 billion flurry of
acquisitions over the past year.
MoreLife sciences finance pro heading to startup
November 10, 2012
Chris O'MalleyIf a biotech startup were akin to a rock band, Kristin Sherman might be the keyboardist. She’s not front-and-center
on the stage, but the ballad wouldn’t be as dynamic without her pounding the chords.
MoreOut-of-the-way telecom company to branch into Indy
November 10, 2012
Chris O'MalleySmithville Telephone, headquartered in Ellettsville, near Bloomington, is the state’s largest independently owned phone
company. Its Smithville Digital division, which provides fiber-optic communications to businesses, hospitals and schools in
17 Indiana counties, mostly in the south, has quietly been growing on the periphery of Indianapolis.
MoreExactTarget suffers smaller loss on record sales
November 8, 2012
IBJ StaffMarketing e-mail marketer ExactTarget Inc. suffered a dramatically lower third-quarter loss than a year ago on record-high
revenue, the company announced Thursday afternoon.
MoreSuzuki files bankruptcy, leaving U.S. market
November 6, 2012
IBJ Staff and Associated PressThe decision will affect two dealerships in the Indianapolis area: Bob Rohrman's Indy Suzuki and Used Car Superstore and the
Ray Skillman Westside Auto Mall, both of which sell new Suzuki vehicles.
MoreFacadeTek eliminating 72 jobs in Whitestown
November 6, 2012
Glass fabricator FacadeTek Inc. has notified state officials that it will eliminate 72 jobs at its Whitestown facility in
January.
MoreADM planning $29M expansion on city’s southeast side
November 5, 2012
Scott OlsonDecatur, Ill.-based ADM Milling Co. is seeking tax incentives related to its plans to construct a six-story building to increase
its milling capacity. The expansion will help it retain 53 workers.
MoreSpeech recognition technology firm gets cash infusion
November 3, 2012
Waveform Communications LLC got its second round of funding for research and development.
MoreProduction of Inc. 500 firms ranks city sixth nationally
November 3, 2012
J.K. WallThe Indianapolis area produced more Inc. 500 companies per person from 2001 to 2010 than all but five other U.S. metro areas
with more than 1 million residents, according to a recent study by the Kansas City-based Kauffman Foundation.
MoreDefense contractors play wait and see on budget cuts
November 3, 2012
Dan HumanIndiana’s largest military contractors are questioning their future operations as they await word on whether the U.S.
Department of Defense will lose up to $1 trillion in funding in the next decade.
MoreLilly to spend $140M on new insulin cartridge plant
November 1, 2012
J.K. WallAbout 100 workers will staff the new plant, which will be constructed by spring 2014 and ready for operations in 2015. But
only “some” of that number will be new hires.
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First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.
I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.
Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??
On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.