Indiana furniture maker to exit stock exchange
The board of directors of Chromcraft Revington Inc., a West Lafayette-based designer and manufacturer of furniture, has decided to pull its shares from the New York Stock Exchange.
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Smartphone videos rewrite rules of customer research
Carmel-based Strategic Marketing & Research Inc. is among firms tapping the capabilities of video-enabled smartphones to gain insights into consumers’ thoughts and emotions. They’re doing this by having consumers use their phones to shoot a video diary of their product experiences.
GM to invest $332M in factories, including Indiana plant
In Indiana, GM plans to spend $29.4 million for a metal castings plant in Bedford to make parts for small engines and for the new eight-speed and existing six-speed automatic transmissions.
Lawmakers hope to woo gun manufacturers to Indiana
Two resolutions, including one that passed the House on Tuesday, aim to attract gun manufacturers to Indiana by touting the state’s tax climate and gun-rights laws.
Indiana bottle maker pushing for refund law
A central Indiana company that makes glass bottles and jars is urging state lawmakers to pass legislation requiring refundable deposits on beverages sold in recyclable bottles and cans.
Sherry Labs snapped up by Netherlands corporation
The materials-testing business with nearly 300 employees has been acquired by Element Materials Technology. Sherry had been owned by a group of well-connected central Indiana businessmen.
Carbon Motors pulls equipment from Indiana plant
A company that had hoped to open a high-tech police car plant employing as many as 1,500 workers in eastern Indiana has cleared out its plant amid the resignation of a key official.
Indiana corn dog maker with 87 workers closing
A company founded more than 50 years ago as Al Pete Meats is closing its doors, ending 87 jobs.
Crunching the numbers on Obamacare
The biggest changes from President Obama’s 2010 health reform law take effect nine months from now, so many Hoosier employers have started crunching detailed numbers to cost out their options.
ExactTarget lands on tech shopping list for buyout
ExactTarget Inc.’s strong position in digital marketing has made the Indianapolis company a tempting acquisition target for Salesforce.com and other tech-industry suitors, Wall Street analysts believe.
Chrysler, General Motors plants take divergent paths
In Kokomo, Chrysler plants rise with the resurgent automaker, while a GM plant across the highway hasn’t been so fortunate.
Toyota model made in Indiana getting sleek overhaul
Toyota Motor Corp. is revamping the Highlander SUV, turning the car-based crossover into a more wagon-like model as the automaker seeks to keep its U.S. sales rising for a third consecutive year.
Calumet goes back to market with public offering
The Indianapolis-based petroleum refiner plans to use proceeds from the 5.3 million unit stock offering for working capital, acquisitions and possibly the redemption or repurchase of debt.
Rolls-Royce late with key part for F-35 fighter
Rolls-Royce Holdings Plc was an average of 160 days late last year in delivering equipment needed for the U.S. Marine Corps version of the F-35 fighter to hover and land like a helicopter, according to the Pentagon.
Software maker plans 400 hires, including 250 in Indianapolis
Interactive Intelligence says it needs more workers to handle increased business as it attracts larger clients and grows its sales related to cloud data storage and management.
Company taps sports market with bacteria-stalking chemical
Anderson-based Coeus Technology has invented a chemical that kills dangerous bacteria, including potentially deadly staph, by forming a germ-killing barrier that lasts two weeks to six months.
Hillenbrand CEO Camp to step down in September
Kenneth Camp helped transform Batesville-based Hillenbrand Inc. from a $650 million casket company serving North America to a $1.6 billion global diversified industrial company.
Chinese-owned factory in Lafayette adding jobs
Work on the aluminum-components plant began a couple years ago. It now has about 80 workers.
Hurco names new president
Gregory S. Volovic has been at the machine-tool manufacturer since 2005 and most recently served as executive vice president of technology, operations and North American sales and service.
Delta Faucet yet to bounce back from housing crash
Employment has held up at the company's Indianapolis headquarters. But the work force at its Greensburg factory has been decimated.