400 workers to be laid off at Indiana Humvee plant
AM General says it plans to lay off 400 employees at its military assembly plant in northern Indiana beginning Jan. 1.
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Carmel poised to gain HQ of new public company
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.
Chrysler seeks tax incentives on Kokomo plant
Chrysler Group LLC is seeking tax incentives for its transmission plant in Kokomo at the same time it's asking Tipton County officials for similar incentives on a vacant plant.
Startup’s stuffed toys help kids do good
Indianapolis-based Promise Monsters makes and sell plush toys that promote kindness through secret “missions” kids are asked to complete.
Remy rises in first day of trading on NASDAQ exchange
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.
Cummins to buy back up to $1B in stock
Cummins Inc. said Tuesday that its board approved the repurchase of up to $1 billion in stock. The Columbus-based engine maker said it has nearly completed its previous $1 billion buyback plan authorized in February 2011.
Cheerleading CEO to become chief at Herff Jones
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.
UPDATE: Chrysler may find use for vacant Tipton plant
The automaker has requested incentives to launch production in a nearly 800,000-square-foot plant that's been vacant since being built four years ago.
Elkhart County getting nearly 400 new jobs
The Elkhart County Council on Saturday approved tax incentives for four companies seeking to expand in the county where the jobless rate topped out at nearly 19 percent in March 2009.
Japanese automakers help drive economy
A deal struck 25 years ago brought Subaru-Isuzu to Indiana. Toyota followed in 1996, and Honda came in 2008. The three Japanese automakers now collectively employ 10,000 and support thousands more jobs at suppliers across the state.
Tax software upstart proves appeal to major companies
AppealTrack’s simplicity gains attention in growing market for firms managing property tax appeals.
Honda unveils 2013 Civic
Compact car made in Greensburg usually gets rave reviews from critics, but last year’s model was slammed for poor handling and a ‘cheap’ interior.
Yogurt bares all, but container is recyclable
Company descended from Ball Corp. making recyclable glass packaging for product typically found in plastic.
Indiana county giving $50 million boost to food company
The Wayne County Council on Wednesday approved a $50 million bond issue as part of Sugar Creek Packing Co.’s plans to expand and refurbish the former Really Cool Foods plant near Cambridge City.
Subaru still considering Indiana plant expansion
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.
Slinky maker hoping to purchase bankrupt Fundex
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.
Manufacturer of pet supplies adding 80 jobs in Indiana
Rockville-based Scott Pet Products Inc. announced Tuesday morning that it plans to relocate its manufacturing and distribution operations in Tishomingo, Okla., to Newport in western Indiana, creating up to 80 jobs by 2014.
Elkhart auto parts plant closes, idling 125
A northern Indiana auto parts plant that had been slated to close in early 2013 has shuttered its doors weeks ahead of schedule.
Auto parts supplier expanding Indiana operations
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.
Honda gets a makeover, revamps Civic to fix flaws
Just 19 months after its Civic compact, which is manufactured in Greensburg, hit showrooms and was slammed by critics, Honda has revamped the car, giving it a sportier look and upgrading the interior.