Dalton Corp., a foundry headquartered in the northern Indiana city of Warsaw, has filed for Chapter 11 bankruptcy protection from creditors. Dalton has about 1,500 workers at gray iron foundries in Warsaw and Kendallville, and a machining facility in Stryker, Ohio. The company supplies castings for air-conditioning, engines, transmissions and other uses. The bankruptcy was […]
Lilly Endowment has committed $300,000 to the International Center of Indianapolis for the 10th year in a row. The funds will be used for programs including cross-cultural training for employees and helping families relocate from other countries. The not-for-profit focuses on connecting people from various cultures in the city.
A study released today by the Democratic-leaning Economic Policy Institute estimates 40,700 to 147,300 Hoosiers would be thrown out of jobs if one or more of the three Detroit automakers were to shut down. The figures equate to 3 percent to 5 percent of the state’s 2.9 million workers. Only Michigan would be hit harder, […]
A plant in Fremont that makes enclosures for electronics, computers and telecommunications equipment will close by Aug. 1, throwing 114 out of work, according to The Journal Gazette of Fort Wayne. The work is being consolidated at a plant in Urbana, Ohio. Both sites are owned by Rittal Corp., which is headquartered in Springfield, Ohio, […]
DHL Express’ exit from the package delivery business in the United States will result in 323 workers losing their jobs in Indiana. Most of the jobs, 189, are in Indianapolis, according to the Indiana Department of Workforce Development. The rest are in Lafayette, Bloomington and South Bend. The layoffs will be finished by Jan. 23, […]
Fifty of ImClone Systems Inc.’s 1,280 employees have been laid off just two weeks after Eli Lilly and Co. closed its acquisition of the New York cancer drug developer, according to New Jersey Business. Nearly half of ImClone’s 70 sales people were eliminated. Most were focused on ImClone’s main drug, Erbitux. Indianapolis-based Lilly paid $70 […]
Edgeworth Laskey Properties LLC is set to make an announcement tomorrow about a Fishers location it has attempted to develop for a decade. The site, west of Interstate 69 and south of 106th Street, has been targeted for an office complex since 1998. Tomorrow’s announcement is scheduled at Fishers Town Hall and is expected to […]
The 1,230-foot-long mural painted by Eli Lilly and Co. workers in May has been named the largest paint-by-number mural by Guinness World Records. The mural, which stetches along a concrete retaining wall on Madison Avenue south of Lilly’s campus, was painted during a day when 8,400 employees beautified the city by planting trees, cleaning weeds […]
A sweeping round of plant closings and layoffs announced this morning by Dow Chemical Co. is likely to miss its agricultural arm, which is based in Indianapolis. Rather, the company said, Dow AgroSciences plans to continue hiring in Indianapolis and at its locations elsewhere in the world. “We are in the business of developing innovation […]
Five of the 800 people who worked at Pfizer Inc.’s manufacturing plant in Terre Haute before it closed nearly a year ago have started a company that will offering testing for drug and food companies. Midwest Compliance LLC will be assisted by Terre Haute Innovation Alliance, a consulting service based at Indiana State University. Ex-Pfizer […]
Dane Hudson continues an acquisition binge aimed at making Arthur J. Gallagher & Co. a stronger health benefits broker in
the Indianapolis market.
Local health groups are aghast at the Indiana Department of Environmental Management’s decision to end contracts with six
local air pollution control agencies.
Anti-smoking advocates are organizing a new attempt to strengthen Indianapolis’ ban against smoking in the workplace.
IBJ co-owner Michael Maurer’s $35 million gift to the Indiana University School of Law in Bloomington is the fourth largest
from an individual in the history of the university.
With a $10,000 gift from the BKD Foundation, Damar will establish the BKD Dream Fund and award small grants to families for things like a vacation to Disney World or a fishing trip to Michigan.
Unfortunately, there’s a major stumbling block to education beyond high school — too many people in the state simply
can’t afford it.
Indy Racing League driver Danica Patrick topped golfer Tiger Woods, quarterback Tom Brady and Super Bowl champion Eli Manning
as the most searched-for athlete in 2008, according to America Online’s annual list of top Web, mobile and video searches.
The Indianapolis office of Allied Group Insurance Services will make contributions to local charities in their clients’ names
instead of sending them holiday gifts.
Losses in Clarian Health’s investment portfolio will force cutting 5 percent from next year’s operating expenses, a spokesman for Indianapolis’ largest hospital system said today. The cuts will involve salaried employees, but it’s too early in the 2009 budgeting process to project the number of lay-offs or which positions will be targeted, said spokesman James […]
Muncie-based Ontario Systems LLC laid off 126 of its roughly 500 workers yesterday, The Star Press reported. Most of the affected employees were at its home office, but a few were in the Columbus, Ohio, suburb of Berlin. The developer of debt-collection software said the action was necessary to align costs with revenue. Ontario was […]
