Manufacturing & Technology

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ARTICLES

Calumet Specialty tops expectations despite quarterly loss

Calumet Specialty Products Partners lost $63.5 million in the fourth quarter, leading to an unprofitable year.
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U.S. Steel to idle Gary Works coke plant, displacing 300

Company spokeswoman Courtney Boone said the Pittsburgh-based steelmaker plans to talk with affected workers and the United Steelworkers union about whether they will be transferred or laid off.
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Stairmaker moving to Indiana with 180 jobs

American Stair Corp. plans to invest $2.9 million to purchase, renovate and equip a 60,000-square-foot plant. State officials are offering $1.7 million in tax incentives.
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How ballyhooed ChaCha lost its mojo

Early enthusiasm for ChaCha Search Inc. was so high that at one point it reportedly received a $100 million buyout offer. But today, with ChaCha’s workforce down to 15, the jubilance is gone, Web traffic continues to drain, and founder Scott Jones appears ready to move on.
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Remy to acquire Ohio steering-system manufacturer

Pendleton-based Remy International Inc. announced Thursday that it plans to acquire Maval Manufacturing Inc., a steering-system maker that employs about 210 people in northeast Ohio.
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Indy health care IT company plans 35-job expansion

Healthx, which operates a web-based platform for health care payers, will invest $200,000 to equip its current, 18,000-square-foot headquarters in the Precedent office park.
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Health care IT firm plans to add 43 employees

Stratice Healthcare LLC, which sells an electronic ordering platform for medical supplies, landed an incentives agreement with the state to increase employment at its Carmel headquarters.
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Local data-analysis startup plans to add nearly 50 workers

Perscio LLC announced Tuesday that it hopes to add 48 full-time employees making an average wage of $43 per hour by the end of 2019.
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U.S. proposes rules for drones at industry's infancy

Even with the proposed safety restrictions, drones can transform urban infrastructure management, farming, public safety, coastal security, military training, search and rescue, disaster response and more.
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Anthem's IT system had cracks before hack

Anthem Inc. spends $50 million a year and employs 200 people to keep its information technology secure. Yet the Indianapolis-based health insurance giant still left itself vulnerable to hackers on key fronts leading up to the theft of 80 million consumer records.
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