State getting $25M to clean up old GM sites
Indiana will benefit from a $25.2 million environmental trust established to clean up and redevelop eight former General Motors plants throughout the state, officials said Wednesday.
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Articles
Purdue Tech Center expands by 12,000 square feet
A $2.2 million addition to the Purdue Technology Center is expected to help attract high-tech jobs to northwest Indiana.
Thinner margins squeeze Steel Dynamics profit
The Fort Wayne-based steelmaker reported profit of $19 million, or 9 cents per share, compared with $69 million, or 30 cents per share, in the same period last year.
GE to pump $161 million into Bloomington plant
General Electric announced Monday morning that it plans to invest $161 million at its Bloomington refrigerator plant, creating up to 200 jobs by 2014. The plant, which was once slated for closure, now has more than 500 employees.
Entrepreneurs give sales pitches high-tech twist
The site allows users to create and save sales proposals online. Those sending the proposals then can track who is viewing the documents, which parts they’re examining and for how long.
Prosolia Inc. restructures top management
The company, which develops mass spectrometry devices used in the life sciences and industrial chemistry, has a new CEO, among other changes.
Audio recording history on display in dealer’s HQ
Van Ausdall & Farrar got its start when innovator Thomas Edison selected it as an Ediphone distributor. Since then, the company has been proud of its association with the American icon, and now Van Ausdall has its own in-house Voice Museum to pay homage to its history.
ChaCha lands $20 million venture investment
The funding comes from new investors VantagePoint Venture Partners and Rho Ventures. Since its inception in December 2005, ChaCha has raised more than $50 million, including $7 million earlier this year from a venture capital fund.
Interactive Intelligence stock up on quarterly projections
Shares of Interactive Intelligence Inc. surged Tuesday after the communications software maker reported preliminary third-quarter results and projected that revenue will grow 20 percent this year.
Reebok’s loss of NFL contract could hurt local plant
Competitor Nike Inc. will become the official apparel maker for the National Football League in 2012. The loss of the contract could mean layoffs at the Reebok plant on Indianapolis’ east side that makes NFL apparel and employs about 1,000.
Electric car maker to start work at former RV plant
Think North America plans to start production work on electric cars at a Middlebury-area factory before the end of this year.
Creating smart-phone apps becomes big business for IUPUI students
Used to be a college student would work in the dining hall to make ends meet. For IUPUI students Gagan Dhillon, 18, and Sarb “S.J.” Singh, 21, the future is now.
Closing of Berne plant putting 250 out of work
Michigan-based Camryn Industries plans to close the facility in Berne on Oct. 15 after the sale of the plant to Visionary Technologies Inc., also based in Michigan.
GE plans $68M investment related to Indiana plant
Investment and union agreement will help retain more than 500 jobs and ensure the plant’s long-term future.
Stanley moving production to new Greenfield plant
Connecticut-based Stanley Black & Decker Inc. plans to combine two of its manufacturing operations at a new facility in Greenfield, transferring about 100 workers from Shelbyville and adding as many as 80 jobs in the next two years.
Furniture distributor plans Gas City operations
New Jersey-based Munire Furniture says it will locate its U.S. manufacturing headquarters in Gas City, with plans to create as many as 100 jobs by the end of the year and as many as 350 by 2013.
State auto jobs creeping up again
Employment in Indiana’s auto industry has stabilized, and manufacturers even are hiring in small numbers. Hoosier automakers and parts suppliers added 10,000 workers this year through August, bringing total employment in the sector to 100,400.
Four-year-old BlueLock makes first change in top executive ranks
The so-called cloud computing and managed IT services firm is part of Collina Ventures, a holding company created by local tech entrepreneurs Karen and Mark Hill.
My Health Care Manager wins $1.25M to improve software
The Indianapolis-based firm that helps seniors and their care givers navigate the health care system won a nearly $1.2 million grant from the National Institutes of Health.
Reform will boost health care costs, Indianapolis panel predicts
Rising costs aren't the only impact of reform, say panelists taking part in a Power Breakfast sponsored by Indianapolis Business Journal.