Allison lowers outlook after profit slides 17 percent
Allison Transmission Holdings Inc.’s profit dropped 17 percent in the third quarter after sales slid 14 percent.
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ExactTarget eyed as attractive takeover target
Indianapolis-based ExactTarget Inc., the fast-growing e-mail marketer that went public in March, is likely being looked at as a possible takeover target by software giants including Microsoft, Oracle and SAP, according to industry experts.
Indiana manufacturers see momentum vanish
The state lost an estimated 1,400 manufacturing jobs in September, the U.S. Bureau of Labor Statistics reported, and a wave of layoff announcements in recent weeks suggests steeper declines are coming in the year’s final quarter.
Container makers want to restore fizz to state’s recycling fund
The money, long ago diverted by Gov. Daniels to the state’s general fund, would help reduce landfill waste and lower manufacturing costs.
Rapid rise of ExactTarget uplifting for young techies
In just over a decade, the interactive marketer has rocketed from bootstrapped startup to New York Stock Exchange-listed company with a market value of $1.5 billion.
Company plans to close 450-worker Indiana factory
Michigan-based Cequent Performance Products factory is planning to close a 450-worker factory in Goshen where it makes trailer hitches.
Filtration manufacturer moving from Fishers to Anderson
Hy-Pro Filtration plans a $10.5 million construction project for its new facility and will move more than 100 employees from Fishers to Anderson next year.
Navistar reaches engine deal with Cummins
Navistar International Corp. said Monday that it reached long-term supply agreements that will allow the company to put Cummins Inc. engines in some of its largest trucks, as well as use its emissions-reducing technology.
VIDEO: 12 startup pitches distilled to 3 minutes
Boiling down the dozen pitches from budding entrepreneurs at Thursday's Startup Bowl reveals vital themes: the mammoth influence of mobile, an intense craving for consumer data, and the relentless pursuit of revenue.
UPS Foundation providing $50,000 for technology program
The Hire Technology manufacturing-logistics curriculum was developed by Conexus in partnership with Ivy Tech Community College.
Cummins to lay off at least 150 from Indiana plants
Engine maker Cummins Inc. says it will lay off at least 150 workers from its southern Indiana factories as it carries out its plan to cut up to 1,500 jobs worldwide by year's end.
DANZ: Indianapolis tech community should build momentum
More money, mentoring would add fuel to lively industry.
Union: Indiana tech jobs at Cummins expected safe
A union president says no layoffs are planned among the research, technical and support employees at Indiana operations as engine maker Cummins Inc. makes cutbacks.
Hillenbrand paying $530M for German company
The Batesville-based conglomerate best known for making caskets is making its biggest move yet to diversify away from the funeral care business.
ExactTarget aims to be one-stop shop with acquisitions
Indianapolis-based ExactTarget Inc., which grew up as an e-mail blasting company focused on consumers, is trying to entrench itself as a one-stop shop for smartly interacting with all manner of customers.
ExactTarget buys interactive marketing firms for $116M
The newly public tech company said it paid $95.5 million for Atlanta-based Pardot LLC and $21 million for Indianapolis-based iGoDigital.
Honda hopes 2013 Civic restores model’s luster
The next model of the Honda Civic, due out by year-end, may need hefty changes to silence critics and ensure the company’s 2,000-employee Greensburg factory has strong demand for its signature vehicle for years to come.
IU’s tech chief using university’s clout to save millions on software
Universities are the hubs of the world’s knowledge economy, but they typically aren’t the smartest business operators in the world. Brad Wheeler, chief information officer at Indiana University in Bloomington, is working to change that.
Rolls-Royce opens Indy service center
The aviation supplier’s first defense operations center in the United States is at its Meridian Street complex downtown.
Toyota supplier plans 116 jobs in Hancock County
Japan-based Tsuda Industries Co. Ltd. plans to spend $56.2 million to build a facility at Mount Comfort Air Park East, which should create 116 jobs by 2016, the company said Thursday.