UAW salvages Navistar foundry on brink of closing
A five-year contract ratified late Tuesday covers 250 workers in UAW Local 226 who work at Indianapolis Casting Corp.
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Ruling on Visteon retiree benefits overturned
In overturning two lower court decisions, a three-judge panel of the 3rd U.S. Circuit Court of Appeals in Philadelphia unanimously
agreed with attorneys representing some 2,100 retirees from two Visteon manufacturing plants in Indiana.
Federal agents raid University Loft headquarters
Agents descended on the contract-furniture maker to execute a sealed search warrant. A spokeswoman for U.S. Attorney Tim Morrison said no arrests were made.
An ode to utility workers
They're some of the most stable people in the state, a new study shows.
Medical device maker plans Warsaw expansion
Biomet could add about 280 jobs with the $26 million project, which would lead to some manufacturing being transferred from
New Jersey.
Calumet Specialty plans to sell $450 million of debt
The Indianapolis-based refiner of specialty hydrocarbon products plans to sell $450 million of senior notes. Proceeds will
be used to repay bank debt.
Herff Jones closing plant in eastern Pennsylvania
Indianapolis-based Herff Jones Inc. said it will close the printing plant in eastern Pennsylvania this fall, laying off 107
workers.
Cummins to expand Seymour plant, add 200 jobs
Cummins said it will invest $100 million in the Seymour plant as it rolls out a new, larger-displacement engine.
Startup shoots for better Craigslist
Zankit, on online classified ad firm that thinks it has a better solution than Craigslist, was hatched only last month and
plans a late-July launch. It’s the product of six strangers who met at Indianapolis Startup Weekend just last month.
Miniature-car maker signs distribution deal with Target
Locally based GreenLight Collectibles recently signed a deal to have the retailer sell its 1:64-scale replica cars.
Canadian chip maker locating U.S. HQ in Fort Wayne
Saratoga Potato Chips plans to create 175 jobs in the northeastern Indiana city by 2013 and will begin hiring later this year.
Harlan Bakeries planning $9.7M expansion
Harlan Bakeries plans to expand its Georgetown Road production facility by 65,000 square feet to make a new line of products—creating
43 jobs in the process.
Is alternative energy sustainable in Indiana?
An economic development observer questions what will happen after the feds turn off the tap.
Indiana officials excited about solar company’s plan
Tipton County officials had been working for months to attract Abound Solar to the 800,000-square-foot factory along U.S.
31, where it might employ as many as 850 workers.
Solar panel maker must prove low production cost
The company says it will hire 900 to 1,200 people in Indiana, but first, it must focus on successfully scaling up its existing
facility in Colorado.
Solar firm investing $500M in unused Getrag plant; 850 jobs planned
A Colorado-based Abound Solar will get federal help taking over the empty Getrag plant on U.S. 31 near Kokomo,
creating as many as
850 jobs in the next three years and establishing what it says will be the largest such facility in the United States.
ALTOM: Is Pac-Man robbing your workers of productivity?
When Google users stumbled on a surprise gift from the giant search company, it was inevitable that in business offices
everywhere, the long-forgotten sounds of Pac-Man would come to life again.
Delta Faucet adaps to new normal in homebuilding
The company's total employment is 1,345, down 43 percent from 2007.
Vera Bradley files for $175M IPO
The 28-year-old company reported profit in its latest fiscal year of $43.2 million on $288.9 million in sales.
Richmond factory being closed by new owner
Engineered Plastic Components decision will cost 75 workers their jobs at the former Innatech plant.