The London-based company, which has 4,000 employees in Indianapolis, has cut divisions and eliminated more than 600 senior and middle-management positions over the past year. It just hired a new chief financial officer.
In the school year that ended in May, nearly 175,000 students were enrolled in more than 235,000 career and technical classes. That’s an 11 percent increase since the 2012-2013 school year, when Gov. Mike Pence challenged schools to serve students going to work as well as students going to college.
The Aerospace Industries Association plans to host its Supplier Management Council conference in Indianapolis in the spring of 2018, state officials announced Tuesday from a prestigious airshow in England.
A surge of people retiring from the fields has created a talent shortage, and recruiting and training enough workers remain vexing challenges for companies, according to executives at an IBJ event Thursday.
Proprietary manufacturing jobs—such as those in the aerospace, automotive and life sciences sectors—are likely to even grow as employers seek talent and quality control. But lower-skilled basic production work is on its way out to international markets like China, India and Mexico, where wages are a fraction as expensive.
Dozens of companies across central Indiana are using programs aimed at middle- and high-school students to develop a pool of talented kids who are interested in science, technology, engineering and math to fill the growing number of jobs for which such skills are necessary.
Rolls-Royce Corp. is planning a wide-scale modernization of its Tibbs Avenue jet-engine plant in Indianapolis that would be part of an overall goal to invest nearly $600 million in its local operations over five years.
The global firm with extensive Indiana operations plans to occupy a 40,000-square-foot building to be constructed in the Purdue Research Park Aerospace District, a 980-acre technology park in West Lafayette.