The Memphis, Tennessee-based company did not say how many positions it wants to eliminate or from what locations. But its Indianapolis International Airport hub is part of the Express division that will be targeted for the buyouts.
Indiana's labor-force participation rate—the percentage of the state's population that is either employed or actively seeking work—rose to 65.1 percent in September. It remains ahead of the national rate of 62.7 percent.
Less than three years after acquiring a manufacturer of metal components with operations in Muncie, JD Norman Industries Inc. has decided to close the facility and terminate its 130 employees in December.
After earning a master's degree in philosophy, Jack Hope took the next obvious step: cementing his part-time gig as a plumber into a full-time business. Hope Plumbing now expects to $6 million in annual revenue.