The founder of Mesh Systems, a company that develops wireless “machine-to-machine” communications software and hardware, says his products have countless applications. Earlier this month, Mesh closed on a $2.5 million private placement from investors in Indiana and Wisconsin.
Federal data shows no more than 20 percent of residents in Gibson County have basic broadband Internet service.
The battery maker has been hurt by slow sales of electric car manufactured in Elkhart.
More than half of hourly employees have already retired or accepted transfers to other GM facilities.
CEO Scott Dorsey says remaining private in the short term allows the company to more easily exploit business opportunities on the horizon.
Brightpoint Inc. will add 100 jobs in Plainfield as it moves its Touchstone Wireless operations from Bristol, Tenn., the company announced late Tuesday afternoon.
Ten years after adopting its policy, Notre Dame remains the only major U.S. university that forbids license holders such as Adidas AG to put the school logo on any product from China.
Economic development officials say IBM Corp. could add several hundred workers to a call center it operates near Anderson.
Slingshot, a search engine optimization firm, plans to add at least 100 jobs by 2013.
SerVaas Laboratories Inc. has moved its headquarters to a 65,000-square-foot building on the northwest side after nearly 40 years in its old location.
Sony officials plan to spend $72 million on new and upgraded equipment at its western Indiana factory, with most of that going toward Blu-ray disc manufacturing.
Toyota Motor Corp. says North American production will rise to 70 percent of normal in June as the company begins to recover from parts shortages caused by the earthquake in Japan.
Anthony Boor, who joined Brightpoint in 1998 and served as the company’s chief financial officer since 2005, left the company on Tuesday. He received separation pay totaling $2.75 million.
Dietrich Industries will close a plant in Hammond this summer, resulting in the loss of 105 jobs. The company manufactures metal framing and finish products.
Indianapolis-based Slingshot SEO Inc., founded by three friends from Zionsville High School, plans to expand operations in Indianapolis, adding 114 more employees by 2013, economic development executives announced Friday morning.
Facility is meant to appeal to heavy-truck makers, other manufacturers.
One of the biggest drawbacks to the march of technology is how often it lets others dictate how you use your own devices.
Indianapolis-based Medivative Technologies plans to build a 9,000-square-foot addition to its east-side facility and spend $2.5 million to equip it. The expansion should create 15 jobs.
A U.S. House panel on Wednesday took a step toward reviving the alternate engine for the next-generation F-35 fighter plane that the Indianapolis operations of Rolls-Royce Corp. had been working on until a month ago.
The Indianapolis-based company reported first-quarter profit of $4.2 million after posting a loss in the year-ago period.
