Humvee slowdown costs 250 jobs in northern Indiana
AM General Corp. plans to lay off 250 workers from its Humvee plant in Mishawaka, because the U.S. military is buying fewer
of the vehicles.
Manufacturing
Articles
Omnicity continues wireless broadband acquisition spree
Omnicity makes seventh acquisition since going public in February. The Rushville company aims to be nation’s largest wireless
broadband provider in rural markets.
Elkhart County OKs tax break for electric car maker
Hard-hit Elkhart County could become home three electric vehicle manufacturers if a Norwegian company chooses northern Indiana
as the site for a new factory.
First decade of century marked by buyouts and bubbles
The decade witnessed a massive terrorist attack, two wars, and a building-and-buyout boom fueled by easy credit.
Slump sets Hoosier job levels back 14 years
The 131,000 jobs lost
in the 12 months ended in November amounted to a 7.2-percent decline and were nearly equivalent to the combined populations
of Carmel and Fishers.
Electric car maker weighing Elkhart factory
An electric vehicle manufacturer says it is considering starting operations in northern Indiana’s Elkhart County.
Connersville to borrow $3.5 million to clean up Visteon site
The city of Connersville will borrow as much as $3.5 million to clean up the former Visteon site where a startup company
wants to build police cars.
Connersville to put $500,000 toward Visteon site cleanup
The city of Connersville will spend $500,000 to clean up the former Visteon site where a startup company
wants to build police cars.
Rolls-Royce bags $160M military contract
Rolls-Royce Corp.’s Indianapolis operations will manufacture 78 turboshaft engines for U.S. Navy and Air Force helicopters
under the terms of a mammoth $160.6 million military contract.
Delphi to add 190 jobs in Kokomo
Delphi Corp. brought some good news to the beleaguered city of Kokomo on Friday, announcing plans open a production facility
there, creating about 190 jobs by 2014.
Falcone mourning Saab
Former dealer saw the end coming, but says customers are following him to Volkswagen and Subaru.
Indy Power Systems technology cited by Discovery magazine
Founder Steve Tolen started out to make an electric car and wound up with a device to blend and regulate power among different
types of electric batteries.
ALTOM: Here are some technology glitches to put behind us in 2010
If you’re not involved in one of these massive failures, you can take solace in the much smaller
problems you have every day.
Brightpoint pays $31M for distribution facility
Locally based Brightpoint Inc. has closed on a $31 million deal to purchase its 495,000-square-foot distribution facility
in Plainfield.
Cummins engine business president stepping down
Engine maker Cummins Inc. said the head of its engine business is leaving his role in March to pursue other projects at
the company. Jim Kelly joined the company in 1976 and was promoted to president of the engine business in
2005.
IT firm officially announces plans to create 200 jobs
Executives from BC Forward, Indianapolis’ largest computer consulting firm, said Tuesday the company will get even bigger,
with the addition of 200 jobs by 2012.
Hurco posts quarterly, yearly losses
The company attributed its losses to the ongoing global recession and the credit crunch that has made it difficult for businesses
to obtain financing to purchase Hurco’s products.
Cummins lays off another 200-plus in Columbus
Cummins Engine Co. will idle 195 workers at its fuel systems plant in Columbus; another 22 workers will take voluntary leave.
Former Visteon plant lined up for Carbon Motors
Atlanta-based Carbon Motors is a step closer to producing its high-tech police cars in Connersville after a bankruptcy
judge authorized auto-parts maker Visteon Corp. to sell a closed plant to the city for $500.
Steel Dynamics expects drop in 4Q earnings
Steel Dynamics Inc., the nation’s fifth-largest producer of carbon steel products, said Thursday it expects fourth-quarter
earnings to decline from third-quarter levels due to lower shipments and weaker profit margins at its metal recycling operations.