In the 1920s, Indianapolis was one of the most innovative cities in the nation. But after “the dark tragedy of the roaring twenties,” Indianapolis lost its edginess for decades and only recently has begun to regain it.
Purdue officials said the facility will support research focusing on development of lighter-weight composite materials that can be used in aerospace, aviation, automotive, energy and sporting equipment.
Orders to U.S. factories for long-lasting manufactured goods fell in May, pulled down by a sharp drop in demand for aircraft. But a category that reflects business investment rose, a hopeful sign for manufacturing.