Toolmaker’s warehouse to close, laying off 80
Irwin Tools plans to shut down its 456,000-square-foot warehouse and distribution center in Greenfield and consolidate operations elsewhere.
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Employee defection sparks battle between brokerages
Hylant Group says a former worker in its Carmel offices broke a non-compete agreement and poached clients for his new insurance-brokerage gig in Indianapolis.
Another printing plant to close, laying off 59
The move to end operations at the plant for medical packaging is just the latest in the continuing reshuffling of printing facilities in Indiana.
Growth in Hoosier wages lagging inflation
Pay raises were a pipe dream for many Hoosiers last year—as the median wage in Indiana inched up 0.8 percent, to $31,990, according to federal data released this month.
Cost-of-living chasm buoying tech firms
A growing number of tech workers are seeking refuge in Indianapolis from skyrocketing living expenses in other cities, including technology hubs on the coasts.
Fastenal seeks tax abatement on $11M expansion
The firm intends to make its facility north of 56th Street on Guion Road the main hub for more than a dozen other regional distribution centers, and to hire 60 more workers.
Hamilton County’s low jobless rate roils labor market
Hamilton County employers are having trouble filling lower-wage jobs. At 4.5 percent in December, Hamilton County’s jobless rate was the lowest in the metro area and one of the lowest in the state.
Tech firms dangle amenities to lure sought-after workers
Industry goliaths in Silicon Valley have thrown lavish perks at employees for years. As employment in Indianapolis tech firms has skyrocketed in recent years, a lot more companies are looking for workers, heating up competition.
Lighting factory to close, laying off 95 workers
In 2008, the Federal-Mogul factory in Avilla announced an expansion that could bring employment to 170 by 2010. But the company says it now has only 95 employees.
Wiley cuts at least 70 Indy employees in restructuring
John Wiley & Sons Inc., publisher of the “For Dummies” series, has sent dozens of local jobs to foreign markets as it tries to save $80 million company-wide.
Vera Bradley to invest $26M in expansion, add 128 jobs
Handbag and luggage maker Vera Bradley Inc. plans to bolster its design and distribution centers near Fort Wayne.
Indianapolis Star hit with new round of job cuts
Thirteen employees have been shown the door in the fifth round of layoffs in five years at the state’s largest newspaper.
Flavor-maker to close Indy plants, lay off 47
Kerry Ingredients & Flavours LLC plans to consolidate the Indianapolis manufacturing operations into other U.S. facilities. Thirty-five temporary workers also will lose positions.
Cell phone retailer to establish Carmel office, hire 145
One of the largest private firms in Indiana, Moorehead Communications will occupy a 47,000-square-foot building that it acquired earlier this year. The project will run about $5 million.
IPS to lay off 109 workers, look for further cuts
The state’s second-largest public school district is continuing to look for further cost reductions in its operations and, down the road, in its buildings.
Expected revenue slump spurs Lilly to cut sales force
The Indianapolis pharmaceuticals giant said Thursday that it would lay off hundreds of U.S. sales reps, as it prepares for the loss of patent protection on two of its best-selling drugs.
Unemployment falls to 7.7 percent, as U.S. adds 236,000 jobs
Stronger hiring shows businesses are confident about the economy, despite higher taxes and government spending cuts. However, more than 130,000 people left the work force in February.
Factory workers struggling to bounce back
Thousands of Indiana’s rank-and-file factory workers have seen their earnings lose ground to that of white-collar workers. The gap has grown even as manufacturers expect their assembly-line workers to have more skills and more advanced education.
Flu season fuels debate over paid sick time laws
An unusually early and vigorous flu season is drawing attention to a cause that has scored victories but also hit roadblocks in recent years: mandatory paid sick leave for some 40 million workers who don’t have it.
U.S. unemployment rate remains at 7.8 percent
U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff.