New Albany's city council voted 5-2 on Tuesday in favor of a nonbinding resolution to offer General Mills financial incentives to keep its refrigerated baked goods plant open. The plant has about 400 well-paid employees.
Precise Path Robotics Inc., the locally based maker of robotic lawn mowers co-founded by entrepreneur Scott Jones, has been sold to one of the country's largest manufacturers of outdoor power equipment.
Mercedes-Benz, the world’s third-biggest maker of luxury automobiles, is contracting out production of the R-Class wagon to a factory in Indiana, a move that will allow it to expand its line of U.S.-built sport-utility vehicles.
Fox Sports Indiana is live streaming home and away games—as well as pre- and post-game shows—to mobile devices. Pacers officials are hopeful the viewing option will grow the team’s fan base and increase ticket and other sales.
Josh Poertner, a Zipp Speed Weaponry engineer who helped prove bicycle fanatics would pay $3,000 for a pair of aerodynamic wheels, has turned his Steve Jobs-like obsession with technology and design to the lowly tire pump.