Indiana University buys up triple-X domain names
Indiana University is acquiring 11 Internet domains names using a new suffix meant for pornography sites. Numerous colleges across the nation are taking similar measures.
Manufacturing
Articles
MyJibe’s purchase validates Orr fellowship program
A program to identify and cultivate entrepreneurs—the Orr Entrepreneurial Fellowship—just hit a milestone. Orr fellow Mike Langellier has sold his upstart MyJibe LLC, in what appears to be the first Orr fellow to create a tech firm and take it full circle to liquidation.
East-side Reebok plant flourishes despite NFL contract loss
The Reebok-Adidas plant on Indianapolis’ east side, faced with losing an estimated 60 percent of its business when its National Football League contract expires early next year, has done what no one would expect: Add employees.
ALTOM: What’s with the modern-art bar codes?
The mysterious little squares are actually “QR” codes, for “quick response.”
ExactTarget has remade itself since last IPO bid
Things change so fast in the technology world that the prospectus ExactTarget Inc. filed four years ago when it first sought to go public reads today almost like something from the floppy-disk era.
Food company closing in Indiana has unpaid bills
An organic food company that is closing its eastern Indiana preparation center was offered up to $3.5 million in state tax credits to open its plant, but it owes more than $31,000 in property taxes and sewer bills.
Kokomo upshifting with Chrysler investment
City north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker’s transmission plants.
Black Friday boosts car sales to best rate since ‘Clunkers’
U.S. consumers, who set records for retail purchases during Thanksgiving weekend, helped boost U.S. auto sales in November to what is likely to be their fastest pace in more than two years.
Indiana retailers making push for online sales tax
A new coalition of Indiana retailers is planning a lobbying push aimed at convincing state lawmakers to force online businesses to collect the state's 7-percent sales taxes from customers.
Hillenbrand profit up 17 percent after Rotex deal
Hillenbrand Inc. said Monday its profit grew 17 percent in the fiscal fourth quarter after it acquired Rotex Global LLC.
Organic food company closes in Cambridge City
Really Cool Foods, which once planned to have 1,000 workers in eastern Indiana, ceased operations Monday, costing 131 employees their jobs.
Honda’s U.S. plants to resume normal output
Honda Motor Co. said six plants in the U.S. and Canada will reach normal production levels on Dec. 1 after having to adjust output this month because of floods in Thailand.
International Paper extending layoff of 87 workers
Employees at the company’s Sherwood Packaging plant in Indianapolis expected to return to work in January but now won’t return until “well into the second quarter.”
Allison reaches production milestone
Manufacturer churns out 5,000th system for hybrid buses, a transmission used round the world.
Cummins expanding R&D in South Carolina office
The manufacturer will invest $24 million over three years.
Engineer wants to bring 3D printing to masses
Doug Keenan, a 49-year-old electrical engineer and entrepreneur, is tackling something so cutting-edge that most of humanity doesn’t know it exists: 3D printing, or rapid prototyping.
Investors across city hit jackpot in Angie’s List IPO
The initial public offering price was $13, the high end of the range projected in regulatory filings. That price was more than quadruple the average price of $2.76 paid by prior investors.
ExactTarget files for $100M IPO
The Indianapolis-based e-mail marketing company is aiming to tap a hot IPO market. Sixteen firms have gone public this month, including locally based Angie’s List.
Struggling Ener1 receives $4.5M from investor
The parent of Indianapolis-based advanced-battery maker EnerDel received the financing to continue operating while the company evaluates its options to reorganize debt.
Study: State loses millions annually in online sales taxes
The report from the Indiana Fiscal Policy Institute says the state loses $40 million to $114 million every year in sales tax revenue from sales to online retailers such as Amazon.