Indiana moves up in med tech rankings
Medical technology companies employed 19,950 Hoosiers in 2007 and supported another 35,000 jobs in supplier companies, according
to an analysis funded by an industry trade group.
Manufacturing
Articles
Rolls-Royce opens plant making part for Joint Strike Fighter
The new "focused factory" in Plainfield will produce lift fans for the Joint Strike Fighter aircraft. The fan allows
one version of the aircraft to make helicopter-like landings.
Hillenbrand unit seeks to block imports of knockoff coffins
Hillenbrand Inc.’s Batesville unit, the largest U.S. maker of coffins,wants the trade commission to prevent Ataudes Aguilares
from selling its products in the United States and Puerto Rico.
Independent optic lab fights giants with technology
Bill Harding and his two partners in LensTech Optical, Greg Kyle and Greg Dallas, are striving to keep up with as many of
the changes in the eyeglass manufacturing business as possible. It’s a tall order for a lab with fewer than 30 employees.
Cummins in position to benefit from new fuel standards
Cummins Inc. is counting on fuel-efficient technology to be a major driver of its future growth. While the company is keeping
its new diesel-engine prototypes under wraps, it is open about its strategy of urging environmental regulators to roll out
increasingly strict standards.
Whopping dividend puts obscure oil refiner in spotlight
The financial underpinnings for the current quarterly dividend—45.5 cents per share—seem less than sturdy.
Indiana bringing information revolution to public schools
The state is building a massive data system with a tough-love intent of rewarding good educators and schools and hammering
poor performers.
State manufacturing, logistics industries get high marks
Third annual report
from Ball State University highlights concerns over whether Indiana has enough qualified workers to meet demands of the increasingly
technical sectors.
Chinese furniture maker picks Marion for U.S. headquarters
The upholstered-furniture maker, which operates as Y.K. Furniture, plans to invest $24.3 million to establish its first U.S.
subsidiary. The facility will house assembly-and-distribution operations with about 100 employees.
Chrysler plans $300M upgrade of Kokomo transmission plants
The automaker says the investment will help retain 1,200 jobs, pave way for production of new eight-speed transmissions.
Ballard bets big on $16 million software project
Concluding a year-long evaluation and public bidding process, mayor chooses Oracle’s PeopleSoft to replace local government’s
1970s-era financial IT system and New York-based Zanett Inc. to lead the implementation.
IT consulting firm plans to create 230 jobs
Miller Consulting Group will move its headquarters from Indianapolis to Noblesville and add the jobs by the end of 2013,
the company said Wednesday morning.
GM recalling 1.5 million vehicles over fire concerns
The recall affects several pickup trucks, sport utility vehicles, crossovers and passenger car models from the 2006 to 2009
model years. GM conducted a similar recall in 2008 but came across new reports of fires in vehicles that had been fixed.
eTapestry co-founder headed for Baltimore
Longtime local IT entrepreneur Jay Love accepts job as CEO of software-maker Social Solutions, a loss for the Indianapolis
high-tech and not-for-profit communities.
Rolls-Royce snags $7.5 million military contract
Engineers at Rolls-Royce Corp.’s Indianapolis manufacturing facility will work for the next year to design, develop
and test an upgrade for a digital engine control the company is making for the U.S. Army’s OH-58 Kiowa Warrior helicopter.
Trailer maker Pace American could close Middlebury plant
A cargo trailer maker may close its manufacturing facility in Middlebury, potentially costing 150 workers their jobs.
Hurco suffers loss despite better sales
Indianapolis-based machine tool maker lost $1.5 million in its second fiscal quarter, which was much greater than the loss
it reported in the same period last year.
SEO firm Slingshot hitting target from the start
With $1.3 million in annual sales, Indianapolis-based Slingshot generates enough cash to fund its own growth—and turns away about half of its prospective clients, all of whom want to get their websites to pop up high on the first page of Google search results.
EnerDel’s potential luring backers despite steep losses
The parent of locally based lithium-ion battery maker EnerDel is putting together hundreds of millions of dollars in financing
to fund a business plan that could bring revenue to nearly $1 billion within five years.
ALTOM: Securing your Wi-Fi is worth your trouble
If you’ve got a wireless (Wi-Fi) router, you could be in some serious hot water if it’s not properly secured.