Halo Coatings, founded in 2007, spent its early years licensing its proprietary reflective technology for powder-coating applications to companies involved in highway infrastructure, such as guardrails. But it’s now shifting its focus to the big players in the apparel, medical and consumer-product fields.
Keihin North America Inc. plans to relocate between 130 and 175 management, engineering and development jobs to the Flagship Enterprise Center.
The downtown brewery plans to spend $2.1 million on additional equipment and add 20 jobs by 2016 in exchange for a tax abatement from the city.
The Bloomington-based winery claims in a federal lawsuit that it was forced to recall its hard apple cider due to defective cans provided by Ball Metal Beverage Container Corp.
Ardagh Group said it has agreed to buy Indiana-based glass bottle and jar manufacturer Verallia North America, which has about 4,400 employees at 13 manufacturing plants in the United States, including more than 650 workers in Indiana.
Analyst Stephen Volkmann lowered his rating on the engine maker's stock to "Hold" from "Buy," noting that the shares have risen 30 percent from their October lows and are now just 10 percent below all-time highs.
The Indianapolis-based maker of computer-controlled machining tools attributed much of the increase to higher demand for its products in North America and Europe.
Steel Parts Manufacturing Inc. says it plans to close its plant in Tipton, ending employment for 173 workers. The company told the state the closure and layoffs will begin Feb. 28 and end by March 14.
Plug-in electric vehicles, which are struggling to gain traction nationwide, have even less appeal in central Indiana than they do in most areas of the country, a new study says.
The locally based flavor maker has agreed to reduce its usage of diacetyl, which had prompted fines from the state. The deal significantly reduces the amount of the penalty—from $325,500 to $99,000.
Private equity firm Propel Equity Partners is acquiring Fundex following a court-ordered auction in which a surprise bidder surfaced, driving up the price of the company.
The Treasury plans to sell its remaining stake in General Motors over the next 15 months, allowing the automaker to shed the stigma of being partly owned by the U.S. government.
Chrysler Group LLC on Monday night said it was planning to spend as much $212 million on another expansion in Kokomo that could add more than 400 jobs.
Ingersoll-Rand PLC said it plans to spin off its commercial and residential security unit, which is headquartered in Carmel, into a separate public company. The security division has $2 billion in annual revenue and 1,300 employees in the Indianapolis area.
Indianapolis-based Promise Monsters makes and sell plush toys that promote kindness through secret “missions” kids are asked to complete.
Shares of the Pendleton-based company opened Thursday at $15.85 each and climbed to $16.50 by the end of the day. The stock had previously been listed on the thinly traded pink sheets.
The founder of a cheerleading-supply company will become the next CEO of Indianapolis-based Herff Jones Inc., one of the city's largest private companies.
Fuji Heavy Industries Ltd.’s Subaru unit is studying whether to expand its Indiana auto-assembly plant as the Toyota Motor Corp. affiliate seeks to boost U.S. output to curb currency losses and meet growing demand for its models.
Plainfield-based Fundex Games Ltd., which filed for bankruptcy protection in September, said Poof-Slinky Inc. is the only potential purchaser that has shown interest in acquiring the company’s assets.
Tenneco Inc. plans on spending $18.5 million to expand its northeastern Indiana operations after winning a contract to supply emission-control parts to Chrysler. The manufacturer said it will hire an additional 100 workers.
