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.
The wider deficit in December reflects a rebounding economy that is pushing up demand for imports.
An improving U.S. economy pushed up demand for imports, but exports rose as well.
The subsidiary of Norwegian-based Think Global projects its new factory in Elkhart could have 415 full-time jobs by 2013.
A delegation of business and community leaders led by Indianapolis Mayor Greg Ballard departed for Europe Nov. 14 on a nine-day
economic
development mission to help grow the city’s motorsports industry.
The U.S. trade deficit unexpectedly narrowed in August as exports posted a small gain, while imports fell on a big drop in
demand for foreign oil.
Indiana and Taiwan plan to sign a multimillion dollar agreement for the Asian country’s purchase of Indiana corn and soybeans.
Just a short year ago, economists of all stripes voiced fears of a rise in economic protectionism like that which contributed
mightily to the Great Depression.
Indiana University President Michael McRobbie and six mayors from around the state will join Gov. Mitch Daniels for at least
part of his upcoming 10-day trade mission to China and Japan.
Indiana’s growing shipments to China averts a reversal in exports for the state, but core transportation equipment takes a
hit.
Indiana University on April 15-17 will present what might be the most ambitious conference all year on U.S.-China business cooperation.
Indianapolis-area architects are missing out on a wealth of outsourced design work for construction projects.
Rev. Itoko Maeda was a citizen of the world, Japanese by birth, American by choice and also a Hoosier who did a tremendous amount to teach the people of this state Japanese and Japanese culture.
Increasing specialization and interdependence worldwide results in worldwide economic difficulties.
The Indy Racing League suddenly finds itself at odds with Midwestern farmers over a decision to make a Brazilian consortium
its ethanol supplier starting next year.
Hoping to increase sales in China’s rapidly growing pharmaceutical market, Eli Lilly and Co. is charging ahead
with
plans to invest $100 million in venture capital in the region over the next several years.
For corporations with a global presence, the transition to International Financial Reporting Standards should streamline
the world’s financial reporting system.
WellPoint Inc., the most dominant health insurer in the United States, registers as barely a pipsqueak in the rest of the
world. But it’s only a matter of time, say industry experts, before WellPoint plunges into foreign markets to grow sales of
its health benefits and services.
Little more than a decade ago, Bastian Material Handling had annual sales of less than $35 million. Since 2000, its revenue
has doubled, to $80 million, and its business interests don’t just cross the state, they circle the globe.
The sliding value of the U.S. dollar is boosting financial results for some of Indiana’s big exporters. The dollar recently
hit its lowest point in 15 years against an index of other major currencies, such as the euro, the Chinese yuan and Canadian
dollar.
