Data center N/Frame spending more on Carmel upgrade
The company that hosts outsourced computer operations is dramatically boosting its investment in its local operation.
The company that hosts outsourced computer operations is dramatically boosting its investment in its local operation.
More than 1,500 hourly workers in Indianapolis ratified new five-year contracts, the automotive supplier announced Thursday.
It’s no secret that Indiana’s factory workers took more lumps during the Great Recession than workers in other sectors, with nearly 120,000 losing their jobs. Indeed, from the state’s manufacturing employment peak at the start of the century, our factories had shed a quarter million jobs by the recession’s end.
Automakers and suppliers are pumping more money into research and development at a time many of their sales departments struggle with a slowing global economy.
Washington-based Vertafore Inc., a developer of insurance software, said it will begin layoffs at its Indianapolis office Jan. 31.
A Minnesota-based mining company plans to spend as much as $350 million to build a iron ore pellet plant in Indiana, creating up to 100 jobs by 2015, the company announced Tuesday morning.
Researchers from Indiana University's Pervasive Technology Institute will serve as collaborating partners on a major grant from the U.S. Department of Homeland Security to address vulnerabilities arising during the process of software development.
Manufacturer TriMas Corp. plans to shut its Goshen plant and lay off all 450 workers there.
Twinkies, Ho Hos and Wonder Bread are up for sale now that a bankruptcy judge cleared the way for Hostess Brands Inc. to fire its 18,500 workers and wind down its operations.
Union leaders say working conditions are improving at the Pilkington glass factory in Shelbyville, but an employee’s injury in October has led to another visit from state safety officials and possibly more fines.
The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union. As a result, Hostess plans to continue with a hearing on Wednesday in which a bankruptcy court judge will decide if the company can close its operations.
Hostess Brands Inc. will hold talks with its bakery workers’ union on Tuesday to explore the reasons for a strike that the maker of Twinkies and Wonder bread said will force it to liquidate.
Other companies are interested in bidding for at least pieces of Hostess because of the high brand recognition and $2.5 billion in annual revenue. Twinkies alone have brought in $68 million in revenue so far this year.
Members of United Auto Workers Local 933 must vote in favor of the five-year collective bargaining agreements before they would go into effect.
Hostess Brands Inc. said Friday it will close all of its plants, leading to the loss of hundreds of jobs in Indiana and thousands more nationwide. The company employs 288 in Indianapolis.
Hostess Brands said it likely won't make an announcement until Friday morning on whether it will move to liquidate its business, after the company had set a Thursday deadline for striking employees to return to work.
The commercial transmission maker's existing contracts, which were set to expire at 11:59 p.m. Wednesday, will remain in force until noon Nov. 21.
The maker of Wonder bread and Twinkies said it doesn’t have the financial resources to survive the ongoing strike by the bakers’ union.
Troy, Mich.-based Meritor Inc., a global supplier of commercial truck parts, said it will consolidate North American remanufacturing operations by moving production from Ontario, Canada, to its facility in Hendricks County.
The maker of Wonder bread and Twinkies said it is permanently closing plants in Cincinnati, Seattle and St. Louis. The company has about 875 workers in Indiana, about half of them members of the striking bakers' union.