Central Indiana mayor traveling to Italy to lure business
Anderson Mayor Kevin Smith said he'll meet with executives from five manufacturing companies near the city of Milan during the trip that starts Saturday.
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Gov. Pence courting Japanese firms during trip
Gov. Mike Pence will have met with every major Japanese employer in central Indiana by the time he returns Sept. 14 from his first overseas trade mission. Pence is trying to drum up new investment while thanking the companies that have had a presence here for decades.
Pence visits Subaru officials, plants tree in Japan
Indiana Gov. Mike Pence is visiting Japanese companies that do major business in Indiana on a trade mission to Asia.
Pence: Indiana a ‘destination of choice’ for Japanese firms
Pence is on his first foreign trade mission as governor and spoke in Tokyo at the 45th Annual Joint Meeting of the Midwest U.S.-Japan Association and Japan-Midwest U.S. Association.
Pence departing for trade mission to Japan
Pence plans to fly out of Indianapolis on Thursday morning and return in nine days. He’ll make stops in Tokyo, Nagoya and Tochigi Prefecture.
China bribery probe leading to tough drug market, CEO says
Drugmakers under investigation for bribery have stopped promoting products in China, and physicians in some hospitals no longer want to meet sales representatives. Eli Lilly is among the drugmakers in China facing allegations.
Language Training Center plans expansion
Indianapolis-based Language Training Center Inc. plans a $1.5 million expansion that will lead to the hiring of 26 more employees by 2017, the company announced Thursday.
Lilly cites ‘deep concerns’ over China kickback allegations
Eli Lilly and Co. said it is investigating allegations its employees paid Chinese doctors at least $4.9 million in bribes and kickbacks to promote the sales of two diabetes drugs.
Indiana exports hit record, but growth slows
Indiana exports rose to a record $34.4 billion in 2012 while growing at a rate exceeding the Midwest’s and the nation’s.
Pence plans first trade mission to Japan as governor
Pence's office announced Monday the delegations will leave Sept. 5 and return nine days later after visiting Tokyo, Nagoya and Tochigi Prefecture, Indiana's Japanese sister-state.
Pence, Coats, German diplomat tout jobs alliance
Indiana and German leaders are focusing on training Indiana residents to fill the skills gap between available work and unemployed Hoosiers.
Hurco acquires Italian machine-tool component business
Hurco, which designs and produces interactive computer controls, software and computerized machine tools, does most of its business in Europe.
Passage to India: Ballard leading weeklong trade trip
The Indianapolis delegation will hit the cities of Hyderabad and New Delhi. Visits will focus on information technology, life sciences, and research groups, organizers said.
Chamber prez Miller resigns after 18 months
Scott Miller, 45, will leave the Indy Chamber after a short tenure that included leading the body through mergers with several like-minded groups. He tells IBJ he felt that he had already accomplished his major goals and wanted to shift to the private sector.
Indianapolis chamber absorbs World Trade Club
The 46-year-old World Trade Club of Indiana is becoming part of the Indy Chamber—a move organizers hope will give the not-for-profit additional firepower as it works to educate, connect and grow Hoosier businesses in the international marketplace.
Hillenbrand diversifies by growing whole new business
Casket company turns heads with aggressive foray into equipment manufacturing.
Lilly agrees to pay $29.4M to settle SEC bribery charges
According to a statement released by the SEC, Eli Lilly paid $6.5 million—and in some cases gave jewelry and spa treatments—to win government contracts in Brazil, China, Russia and Poland.
Lilly notifies Canada about NAFTA complaint on Strattera patent
Eli Lilly and Co. notified Canada it plans to file a trade complaint, claiming court decisions invalidating one of the company’s patents breach international obligations.
Lilly chief says China too slow in approving new drugs
China takes eight years longer on average to approve drugs than other major countries, and U.S. drugmakers are looking at ways to help speed things up, Eli Lilly and Co. CEO John Lechleiter said.
U.S. colleges look to foreign students to help bottom line
New figures show international enrollment at U.S. colleges and universities grew nearly 6 percent last year, driven by a 23-percent increase from China. Growth is even higher at Midwest schools like Indiana University and Purdue.