Articles

Rolls-Royce wins $183M Army contract

The British manufacturer, which produces aircraft engines in Indianapolis, has scored a $183 million contract to service engines for the U.S. Army’s OH-58D Kiowa Warrior scout helicopters, the company announced Monday morning.

Read More

Baby food maker adding 150 jobs in Lebanon

Skjodt-Barrett Contract Packaging said it plans to add the jobs by the end of September, about a year earlier than expected, due to increased demand for its products. The company has 100 employees.

Read More

State manufacturing heading for slowdown, expert says

Hicks Report_watch videoAn economist at Ball State University warned of another recession at Conexus Indiana's annual state of manufacturing and logistics report Tuesday morning. Both sectors, however, contribute strongly to the state's economy and earned "A" grades in the latest report.

Read More

Orthopedic startups attracting big money

The Warsaw area is well-known as the home of gigantic orthopedic implant companies and their suppliers. But now a handful of startups have been able to raise nearly $25 million in equity investments despite the recession—putting a bit more fuel into a fairly stagnant entrepreneurial sector.

Read More

Calumet buying Royal Purple for about $335 million

Indianapolis-based Petroleum refiner Calumet Specialty Products Partners LP is buying high-performance lubricants maker Royal Purple Inc. of Porter, Texas, for about $335 million, the companies announced Wednesday morning.

Read More