ExactTarget acquires Twitter support company
ExactTarget will use San Francisco-based CoTweet, which helps companies manage multiple Twitter accounts, for social-media
product development.
Manufacturing
Articles
Local racing-simulator firm declares bankruptcy
Indianapolis-based Interactive Motorsports and Entertainment Corp., which went public in 2002, has filed for Chapter 11 reorganization.
Ford supplier Lear to add 200-plus jobs in Hammond
Michigan-based auto components maker Lear Operations Corp. plans to invest more than $2.2 million to expand and upgrade its
manufacturing facility in Hammond, adding more than 285 jobs this year.
Consumer packaging maker Rexam adding 50 jobs
Global consumer packaging manufacturer Rexam plans to expand its operations in Franklin, adding nearly
50 jobs by the end of
the year.
Protest at Evansville Whirlpool plant draws 1,500
Company shuttering plant, moving work to Mexico.
Chinese investors financing startup, early stage companies
Indiana entrepreneurs weary of hitting dry holes with angel investors and venture capitalists are turning to Chinese investors
who are eager to diversify their portfolios, latch onto American innovations—and take advantage of a federal visa program.
ALTOM: U.S. slow to get on broadband bandwagon
The country’s old, tired cabling was never designed for such high-transmission speeds.
Alternative energy firm eyeing New Castle plant
Plans by Washington, D.C.-based D'Arcinoff Group to manufacture wind turbines in an idled plant in New Castle could create
1,800 jobs in the next two years.
Only last-minute buyer will save Hummer brand
Unless a last-minute buyer steps forward, General Motors Co.'s Hummer brand is fading into history.
Moongate Technologies acquired by Michigan firm
Local computer consultant will become part of Dewpoint Inc., upon completion of the acquisition, and will move to Dewpoint’s Carmel
office,
which already has about a dozen employees.
Cummins, government settle alleged air violations
Diesel engine maker Cummins Inc. has agreed to pay a $2.1 million penalty and recall 405 heavy-duty engines for alleged Clean
Air Act violations.
Rolls-Royce snares military helicopter contract
Rolls-Royce Corp.’s Indianapolis manufacturing facility has been awarded a multimillion-dollar contract by the U.S. Army to
develop a digital engine control for one of its helicopters.
Documents: Toyota boasted saving $100M on recall
Claims by Toyota in internal documents that it saved money by obtaining a limited recall from regulators in 2007 create an
even bigger challenge for the automaker's president when he testifies before U.S. lawmakers this week over quality and
safety lapses.
Truck-parts plant’s closure to put 225 out of work
Accuride Corp. says its Gunite Corp. factory in Elkhart will be closed by May 1. Its production will be moved to factories
in Rockford, Ill., and Brillon, Wis.
Indianapolis to demonstate plug-in electric vehicles
City will be among first to conduct demonstration of several plug-in electric vehicles prior to their market
launch next year.
Carmel software consultant acquires Ohio firm
Carmel-based Blue Horseshoe has purchased TransTech Consulting Inc., a management consulting firm in Columbus, Ohio.
Calumet’s quarterly profit shrinks on higher oil prices
Indianapolis-based Calumet Specialty Products reported a profit of $8.2 million in the fourth quarter, a 56-percent decrease
from the same period a year ago.
Earthbound RV plans Marion plant, 300 jobs by 2013
A startup firm that makes fuel-efficient recreational vehicles plans to locate its manufacturing operation in Marion, state
officials announced Tuesday night, creating as many as 300 jobs by 2013.
Ivy Tech, IPIC snare $10M in job-training grants
Programs will bolster job opportunities for some 1,700 Indiana workers in sectors including health care and advanced manufacturing.
Toyota starting tours of Indiana plant
State official for the carmaker says the embattled company, in the midst of massive recalls, is eager show off the Princeton
factory
and help visitors understand the complexity of auto manufacturing.