Accuride restructuring under Chapter 11 bankruptcy
Evansville-based Accuride Corp. filed for Chapter 11 bankruptcy protection Thursday as part of a restructuring of debt.
Manufacturing
Articles
Senate bill doesn’t fund Rolls-Royce jet engine
The measure holds potential bad news for Indianapolis engine maker Rolls-Royce because it does not contain funding for a key
jet engine the company produces, but lawmakers are expected to restore funding when the Senate and House combine bills into
a final version.
Cummins recalling more workers to Indiana engine plant
Enginemaker Cummins Inc. is temporarily adding a second production shift at its MidRange Engine Plant south of Columbus, recalling
as many as 270 workers who had been laid off or transferred to other facilities when it was idled in May.
Caterpillar plans about 100 layoffs at Indiana plant
Caterpillar Inc. plans to lay off about 100 workers from an Indiana engine plant where it has already cut hundreds of jobs.
Delphi emerges from Chapter 11 after 4 years
Auto parts supplier Delphi finally exited bankruptcy protection on Tuesday nearly four years to the day it filed for Chapter
11.
IT consultant up for tax abatement
A city board this week will consider tax abatements worth about $47,000 over six years for Indianapolis-based IT consultant
Apparatus Inc., which is moving its headquarters to the former WFYI building at 1401 N. Meridian St.
Rolls-Royce and health care reform
Rolls-Royce, the British jet engine maker, isn’t taking a position on health care reform, but let’s drag them into it, anyway,
because Rolls-Royce’s business model might interest the crowd advocating for reform via market forces.
Connersville progresses on Carbon Motors deal
Connersville Mayor Leonard Urban says the city soon will clear legal and environmental hurdles that stand in the way of Carbon
Motors’ launching its operations in the former Visteon plant.
UPDATE: Hurco exec getting $500,000 exit package
James D. Fabris, who is leaving Hurco Cos. Inc. at the end of the month following a long management tenure, will receive an
exit package worth more than $500,000.
Hurco president Fabris to resign
Indianapolis-based Hurco Companies Inc., a computer control and software maker, said Thursday that James D. Fabris will resign
as president and chief operating officer as of Oct. 31.
Local technology firm gets federal praise
Data management firm Perpetual Technologies was one of 15 firms nationwide to get Secretary of Defense award.
Carmel man’s coupon app for iPhone grabbing Yowza response
A Carmel software developer’s app has gotten a lift from a Hollywood actor’s unrelenting promotion.
Whirlpool agrees to maintain Evansville operations
Whirlpool Corp. has notified state officials that it will continue to operate its refrigeration product development center
in Evansville that employs nearly 300 people.
London hedge fund sues Brightpoint over failed acquisition
A London-based hedge fund has sued Brightpoint Inc. over a $10 million loan it alleges the Indianapolis-based cell phone distributor
fraudulently brokered in anticipation of an acquisition in France that never materialized.
Subaru factory in Indiana rolls out 3 millionth vehicle
Workers at a Subaru plant in central Indiana cheered as its 3 millionth vehicle reached the end of the production line.
Another view of Indiana manufacturing
A Milken Institute study shows Indiana isn’t the only state writhing with angst about the future of manufacturing. The study
frames Indiana in a somewhat positive light.
Renewable-energy firm eyeing Tipton County plant
A renewable-energy firm is considering manufacturing solar panels in an empty Tipton County plant where transmissions were
to be built for Chrysler automobiles, according to the Kokomo Tribune.
Pennsylvania city not giving up Harley without a fight
The motorcycle manufacturer is considering a Shelby County site at the same time that it’s pushing for concessions from the
union in York, Pa.
New technology sparks growth for plastics welder
Genesis Plastics Welding plans to double the size of its Fortville facilities to 50,000 square feet and add to its staff
of 49 people
ALTOM: Take the time to set up smartphone security
It’s remarkable how many people don’t bother setting security features on their expensive smartphones. Because
they keep the phone somewhere close to them most of the time, they believe it’s secure, but that’s not true.