Powerway finds its Waypoint
Back when the automakers were on a roll, Powerway Inc. looked so promising that a public offering seemed around the bend.
Now Powerway itself is gone—at least in name.
Manufacturing
Articles
In Depth Article Placeholder
Ma quande lingues coalesce, t va semblar un simplificat Angles, quam un skeptic Cambridge amico dit me que Occidental es.
Critics: Tax hike ‘defies logic’
Critics say the Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial
burden on already ailing businesses with the least ability to pay.
Allison Transmission invests in British engineering firm
Though plagued by debt, Allison Transmission recently plowed millions of dollars into experimental technology that could lead
to new products.
Let us bow our heads and text in unison
A friend of mine is a minister and an expert on church management and growth. During one of our discussions, it struck me
how much starting and running a church is very like running a business. There are the same problems with morale, with retention,
with site selection, finance, marketing and growth pains. And with technology.
Blogging is no longer optional for entrepreneurs
In 2009, blogging is not optional. If you have a business, you
must have a Web site. If you have a Web site, you must have a blog!
Defense budget overhaul could give local Rolls-Royce plant a boost
While military contractors scramble to protect big projects from Defense Secretary Robert Gates’ budgetary ax, Indianapolis
engine-maker Rolls-Royce is sitting pretty.
Redefining community in virtual and political reality
Last week, I made a presentation about social media to several hundred people at a Carmel Chamber of Commerce luncheon. We talked about Facebook and Twitter, YouTube and Flickr, LinkedIn, blogging and more. I didn’t answer the "how-to" question. I answered the "whether-to" question. With some important cautions, my answer was "yes."
ChaCha co-founder dancing to different drum
ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which
is struggling to turn a profit in a dismal advertising climate, but he hasn’t left. "Brad is still engaged with the company
as a director, co-founder and consultant," said co-founder and CEO Scott Jones.
Exports rise despite recession
Indiana’s growing shipments to China averts a reversal in exports for the state, but core transportation equipment takes a
hit.
De-manufacturing can save resources
An industrywide bar-code identification system should be developed so that component objects used in manufacturing can be easily devolved and reused.
Omnicity seeks financial turnaround, has 28 acquisitions in mind
Dick Beltzhoover, a private investor in Omnicity Corp., a Carmel-based wireless broadband provider, has quietly taken the
company public and has lofty plans to expand nationwide.
Startup Carbon Motors could create 1,500 jobs
Hoosier economic development officials are working to attract police-car maker Carbon Motors to Connersville.
Prolonged woes reshape Connersville, city once known as ‘Little Detroit’
With economists predicting the statewide unemployment average will reach 10 percent this year, the experience of a hard-hit
city like Connersville offers a glimpse of what lies ahead for other manufacturing-reliant Hoosier communities.
Quality-control firm launches after key player folds
Entrepreneur Steven J. Cage has launched a new quality-control business after the one he built into an industry leader shuttered suddenly.
Harlan Bakeries sues vendor over equipment glitches
Harlan Bakeries recently filed a lawsuit against equipment vendor Doboy Inc., saying it provided faulty equipment to package Harlan’s cream-cheese-filled bagels.
Jackpot awaits lawyers in price-fixing litigation
Attorneys for concrete purchasers who say they were victims of a price-fixing scheme have waged a tenacious legal battle over
the last four years, and .now
they’re ready to cash in.
Indy Power drops electric-car focus for more lucrative control boxes
After a stint making parts for electric cars, Symphony Motors recently became Indy Power Systems, changing course to make power control boxes for a variety of vehicles and also industrial and military applications.
Analysts lower outlooks for Allison, say transmission maker vulnerable to default
Local manufacturing stalwart Allison Transmission will have to restructure its more than $4 billion in debt or further cut
expenses if it’s going to weather the recession.
Education, health still key issues
The people of Indiana need to work to improve education, the overall health of our work force, and productivity and innovation.