Manufacturers

Lawmakers hope to woo gun manufacturers to Indiana

April 3, 2013
 The Statehouse File
Two resolutions, including one that passed the House on Tuesday, aim to attract gun manufacturers to Indiana by touting the state's tax climate and gun-rights laws.
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Indiana bottle maker pushing for refund law

April 2, 2013
 IBJ Staff and Associated Press
A central Indiana company that makes glass bottles and jars is urging state lawmakers to pass legislation requiring refundable deposits on beverages sold in recyclable bottles and cans.
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Indiana corn dog maker with 87 workers closing

March 29, 2013
Associated Press
A company founded more than 50 years ago as Al Pete Meats is closing its doors, ending 87 jobs.
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Toyota model made in Indiana getting sleek overhaul

March 27, 2013
Bloomberg News
Toyota Motor Corp. is revamping the Highlander SUV, turning the car-based crossover into a more wagon-like model as the automaker seeks to keep its U.S. sales rising for a third consecutive year.
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Calumet goes back to market with public offering

March 26, 2013
 IBJ Staff, Associated Press
The Indianapolis-based petroleum refiner plans to use proceeds from the 5.3 million unit stock offering for working capital, acquisitions and possibly the redemption or repurchase of debt.
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Rolls-Royce late with key part for F-35 fighter

March 25, 2013
Bloomberg News
Rolls-Royce Holdings Plc was an average of 160 days late last year in delivering equipment needed for the U.S. Marine Corps version of the F-35 fighter to hover and land like a helicopter, according to the Pentagon.
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Company taps sports market with bacteria-stalking chemicalRestricted Content

March 23, 2013
Anthony Schoettle
Anderson-based Coeus Technology has invented a chemical that kills dangerous bacteria, including potentially deadly staph, by forming a germ-killing barrier that lasts two weeks to six months.
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Hillenbrand CEO Camp to step down in September

March 21, 2013
Associated Press
Kenneth Camp helped transform Batesville-based Hillenbrand Inc. from a $650 million casket company serving North America to a $1.6 billion global diversified industrial company.
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Hurco names new president

March 15, 2013
Gregory S. Volovic has been at the machine-tool manufacturer since 2005 and most recently served as executive vice president of technology, operations and North American sales and service.
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Meat distributor plans plant, 80 jobs in Hancock County

March 13, 2013
Chicago-based Peer Foods Group Inc., a meat producer and distributor, said Wednesday that it plans to create 80 jobs by 2014 as part of a $5.5 million expansion into Hancock County.
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Noblesville manufacturer plans move to Elwood, expansion

March 13, 2013
Kathleen McLaughlin
Warner Bodies Inc., a 74-year-old Noblesville manufacturer with 50 employees, expects to add about 150 workers after moving to Elwood.
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Auto parts plant closing in northeastern Indiana

March 11, 2013
Michigan-based Ficosa North America Corp. has notified state officials that 137 employees will lose their jobs when the plant in Berne closes May 31.
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Allison adds hybrid systems for broader array of trucks and busesRestricted Content

March 9, 2013
Production of propulsion system for medium- and heavy-duty vehicles will begin later this year.
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Hurco sees smaller profit on drop in sales

March 6, 2013
Dan Human
Machine-tool manufacturer Hurco Cos. Inc. saw earnings drop 51 percent in its latest fiscal quarter on falling revenue, the Indianapolis-based company announced Wednesday.
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Chrysler confirms state investment of $374 million

February 28, 2013
Dan Human
Chrysler Group LLC plans to invest a total $374 million and add 1,250 jobs in Kokomo and Tipton, the company confirmed Thursday.
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Indiana auto parts supplier lays off 130 workers

February 25, 2013
Associated Press
A Contech Castings spokesman said the company's Auburn plant laid off about half of its work force Friday after losing a contract last week.
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Union workers at Goshen's Cequent plant take severance deal

February 23, 2013
Associated Press
The trailer-hitch manufacturer plans to close the 450-employee plant and move operations to Mexico. Union workers voted Friday to forego arbitration and accept a severance agreement that will pay the most senior employees $36,000.
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Cummins lowers previously reported earnings

February 20, 2013
Dan Human
Columbus-based diesel engine manufacturer Cummins Inc. lowered its previously reported quarterly profit by $12 million, or 3.1 percent, after discovering legal fees that the company initially missed.
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Allison Transmission cuts 2013 sales outlook

February 19, 2013
Dan Human
Allison Transmission Inc. predicted 2013 sales declines after it closed 2012 with an inflated $514.2 million annual profit and a massive slide in sales for a key market during the fourth quarter.
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Remy International reports $138M annual profit

February 19, 2013
Dan Human
A one-time tax benefit more than doubled Remy International Inc.’s annual profit to $138.6 million, the Pendleton-based manufacturer reported late Monday.
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Lilly to expand partnership with diagnostic firm

February 14, 2013
 IBJ Staff and Associated Press
Diagnostic products maker Qiagen NV said Wednesday that it will work with Eli Lilly and Co. to develop new tests that could identify patients who could be helped by Lilly's drugs.
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Firm's Klipsch purchase hasn't rocked Wall StreetRestricted Content

February 9, 2013
Dan Human
Voxx 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.
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Calumet jumps into $300 million refinery joint venture

February 7, 2013
Dan Human
Calumet 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.
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Cummins' earnings, revenue fall on weaker demand

February 6, 2013
 IBJ Staff
Engine 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.
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Remy International CEO Weber stepping down

February 1, 2013
Dan Human
Remy 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.
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  1. $800M is a lot. There's over 800,000 people in the county/city though. I'm betting the cost of services(police, fire, roads, economic incentives to bring in new business, etc.) in Hamilton County is much more than $1000 per person. In 2012, the city of Carmel's audit report shows receipts of $268,742,988 (about 1/3 of Indianapolis's receipts) for a population of 83,573 (almost 1/10 the size of Indianapolis)...hmm, I wonder why Carmel is such a safer place to live...

  2. Would you let a mechanic diagnose your car over the internet without seeing it or taking it for a test drive? The patient needs face to face interaction with a physician to be properly diagnosed. It would seem to me that the internet diagnosis is about as silly as going to ones mirror and saying, "I wonder what I have"? And then you diagnose yourself. That's free and probably wrong too.

  3. Maybe if we treated the parents of juvie offenders who have 5 babies from 4 different daddies like stray cats and dogs who go around creating a bigger animal control problem, we wouldn't have so much of a "parenting" problem flooding both the social services and (later) correctional systems. The breakdown of morals and parental responsibilities from horndogs who can't keep it in their pants and keep their families together has caused this. If a pit bull attacks someone, it's destroyed. Everyone encourages that pets are spayed and neutered to control the pet population and prevent further issues. Maybe it's time to control the welfare population...

  4. Blocking two blocks of a street along Broadripple Ave. is not going to stop "pedestrians" from walking around. The article stated that seven people were injured as a result of a skirmish between two gun-toting "pedestrians"...not drive-bys. Most of the crimes that are committed in BR area are done by "pedestrians" that are walking in the area...not driving by. This may alleviate traffic going through the area and may steer some folks away from coming to the area because of the extra inconvenience but it will not stop a pedestrian, on foot from toting a gun while walking in that area....period.

  5. Please run for mayor Joe. We need someone to come in and clean house. They past two mayors have run administrations rampant with corruption. We need to clean house before corruption is accepted as normal like Chicago.

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