Manufacturing & Technology

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Drone startup off to flying start

July 19, 2014
Two friends and drone enthusiasts in 2012 hatched the idea, as a side gig, to build flying devices small enough to fit in a briefcase. But the idea shifted to a full-scale manufacturing operation that will launch in mid-August and is projected to produce up to $10 million in revenue next year.More.

Allison profit upshifts on North American demand

July 24, 2014
In its second quarter, the Indianapolis-based manufacturer of transmissions and propulsion systems rode accelerating sales for rugged-duty, student transport, and hydraulic fracturing equipment.More.

Steel demand feeds shipping boom in Indiana

July 23, 2014
The automotive industry is behind the increase, pushing steel ahead of longtime leaders iron ore and coal.More.

Steel Dynamics buying Mississippi plant for $1.6B

July 21, 2014
Fort Wayne-based Steel Dynamics said the plant it is buying from a company controlled by Russian billionaire Alexey Mordashov is one of the newest and most technologically advanced mini-mills in North America.More.

IU says no victims reported in data breach

July 17, 2014
Data including names, addresses and Social Security numbers of those who attended IU from 2011 to 2014 was unsecured for more than 11 months because protections weren't working correctly.More.
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