Steel Dynamics to expand Pittsboro operations
Fort Wayne-based Steel Dynamics Inc. plans a $76 million expansion in Pittsboro, increasing the mill’s capacity by 52 percent, the company announced Thursday.
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Columbus manufacturer to begin solar panel production
Nusun Solar says an endorsement by Underwriter’s Laboratories should lead to mass production of its commercial and residential panels.
Calumet Specialty revenue, profit jump after acquisition
Indianapolis-based Calumet Specialty Products Partners LP said Wednesday morning that a major refinery acquisition helped company revenue and profit soar in the fourth quarter as compared to the same period in 2010.
ChaCha apologizing for ‘inflammatory’ answers
Carmel-based ChaCha Search Inc., a question-and-answer service for mobile phone and online users, is apologizing for providing what it calls "inflammatory answers to questions asked about sensitive subjects.”
Bloomington touting tech jobs
The state’s technology industry doesn’t march in lockstep when it comes to attracting top talent.
Telecommunications companies push bill to defend turf from state network
The new law would prevent the I-Light data network from straying beyond its stated mission of serving the state’s colleges and universities.
Rolls-Royce’s profits in line with expectations
Rolls-Royce Holdings Plc, the world’s second-largest aircraft-engine maker, said profit rose in line with estimates, buoyed by a backlog of orders from Boeing Co. and Airbus SAS.
Local manufacturer tapped for trade mission to Russia
Hoosier Gasket Corp. hopes to land more business in Russia, where a growing middle class and new financing options are fueling the automotive market.
Toyota plans to add 400 jobs in southwest Indiana
Toyota Motor Corp. said Wednesday afternoon it would add 400 jobs in Princeton after consolidating production of its Highlander mid-size SUV.
Manufacturing plant closing in northwest Indiana
Newnan, Ga.-based Bon L. Manufacturing Co. is set to close its facility in Kentland by mid-June, throwing 146 employees out of work.
Purdue eyes millions in revenue from tech licenses
Companies looking to license and crunch massive amounts of data as part of their product development are turning to Purdue University for help.
DeveloperTown sees sale of first company it helped fund, coach
Daily Lunch Deal sold last month after just a year in business, marking a milestone for its venture-firm mentor.
Techies aim to make money from memories
Two DePauw University graduates are launching a website they hope will preserve the world’s memories, through a virtual bank of shared experiences.
Stout’s Shoes expects website to become its largest ‘store’
After years of failed attempts to create a viable Web presence, Stout’s Shoes has finally plunged into cyberspace using the route experts say many small companies follow: giving the job to a young, tech-savvy family member with an aptitude for social media.
Speedway oil re-refinery begins production
Illinois-based Heritage-Crystal Clean says its refinery here is the second largest in the U.S.
Mini Thin maker agrees to $1M bankruptcy settlement
Carmel resident Richard Deer, who built a business around Mini Thin dietary supplements, has agreed to pay $1 million in his company’s bankruptcy case.
Cummins posts record results for quarter, 2011
Columbus-based diesel engine maker Cummins Inc. reported record results for 2011, earning $1.85 billion on revenue of $18 billion.
Brightpoint posts record revenue for 2011
The Indianapolis-based provider of logistics services to the wireless-phone industry said it earned $48.8 million on revenue of $5.24 billion last year.
Lotion maker relocating operations to Indianapolis
Indianapolis-based New Sunshine, which is owned by a group led by former Conseco Inc. CEO Stephen Hilbert, said it will add 180 jobs by moving a manufacturing facility from Tempe, Ariz.
Purdue’s tech transfer office ranks No. 6 nationally
Purdue tied with Johns Hopkins and ahead of Cal Tech, Carnegie Mellon University and the University of Michigan.