Cummins to build $70 million plant in Turkey
The company expects to employ more than 800 workers at the plant within five years, producing filters and generators for motor vehicles.
International Business
Articles
HOLT: Regional airports can fuel economic development
Some smaller airports have excess cargo capacity.
Exports fueling Indiana business growth
Firms are taking matters into their own hands to open trade relationships overseas, developing export policies they hope will benefit themselves and their communities.
Central Indiana software firm faces engineer crunch
A software company based in central Indiana is going on a 10-city recruiting tour in search of applicants to fill 150 engineering jobs by next spring.
Governor starts Asia trip with Indiana delegation
Daniels and about 40 government and business officials from Indiana are scheduled to be in China until Sunday. The governor and a smaller group will then go to Japan for meetings until returning to Indiana on Nov. 17.
Cummins looks to boost India sales by 40 percent
Cummins Inc., the Columbus-based maker of diesel truck engines and generators, expects to boost India sales about 40 percent
this year as economic growth spurs road traffic and demand for electricity.
Hillenbrand unit seeks to block imports of knockoff coffins
Hillenbrand Inc.’s Batesville unit, the largest U.S. maker of coffins,wants the trade commission to prevent Ataudes Aguilares
from selling its products in the United States and Puerto Rico.
Chinese furniture maker picks Marion for U.S. headquarters
The upholstered-furniture maker, which operates as Y.K. Furniture, plans to invest $24.3 million to establish its first U.S.
subsidiary. The facility will house assembly-and-distribution operations with about 100 employees.
State opens 2nd biz-development office in China
Zhejiang Province office will be Indiana Economic Development Corp.’s seventh international location.
Lilly, others cut U.S. tax bills through transfer pricing
U.S. companies, including Eli Lilly, amassed at least $1 trillion in foreign profits not taxed in the U.S. as of the end of
last year. That cumulative total increased 70 percent over three years.
IU receives $4.8M for global business institute
The grant from a private equity firm will fund MBA and doctoral students working with Latin American companies.
Ethanol doubles its efforts in effort to keep subsidies
For years, ethanol fuel derived from corn was almost politically untouchable, thanks to powerful advocates on Capitol Hill.
The ethanol industry has consequently exploded over the last decade, thanks to government subsidies and incentives. But skepticism
about ethanol is rising, prompted by fluctuating food prices and an organized campaign by anti-ethanol advocates to discredit
the industry.
City economic development office hires international leader
Former Indiana Economic Development Corp. project manager will focus on developing business relationships with European companies.
Chinese investors financing startup, early stage companies
Indiana entrepreneurs weary of hitting dry holes with angel investors and venture capitalists are turning to Chinese investors
who are eager to diversify their portfolios, latch onto American innovations—and take advantage of a federal visa program.
State Fair to feature Japan
Gov. Mitch Daniels said Tuesday that this August's fair will showcase Indiana's relationship with Japan.
Brightpoint receives foreign trade zone status
Granting of foreign trade zone status should help the Indianapolis-based mobile device distributor be more competitive in
the global wireless market, company executive says.
State exporters poised to benefit from Obama effort
Overseas sales are a major emphasis for Indianapolis-based Peerless Pump, which makes highly engineered pumps for fire suppression,
factories and waterworks. President Obama’s administration wants to help rebuild the U.S. economy by putting more companies
on Peerless’ trajectory.
U.S. trade deficit jumps sharply
The wider deficit in December reflects a rebounding economy that is pushing up demand for imports.
U.S. trade deficit reaches highest level in 10 months
An improving U.S. economy pushed up demand for imports, but exports rose as well.
UPDATE: Electric car maker picks Indiana factory site
The subsidiary of Norwegian-based Think Global projects its new factory in Elkhart could have 415 full-time jobs by 2013.