CEO says Bottoms Up poised for growth despite tax abatement setback
After hitting some hurdles and then switching its client focus, the maker of the novel beer-dispensing system says sales are beginning to rise.
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Data center company LightBound eyes $80 million expansion
The company, located west of Lucas Oil Stadium, would do the buildout in stages, ultimately doubling its footprint to 160,000 square feet.
Trump’s trade rhetoric casts uncertainty over Indiana exporters
Changes in trade policy would reverberate across Indiana, given its status in a new Brookings Institution study as the most export-dependent state in the country.
Feds dole out aid for workers hit by trade-related job losses
Employees at 45 Indiana workplaces—including 11 in the Indianapolis area—applied for federal assistance in the past 13 months because they believed they were victims of trade-related job losses.
Activist investors enjoying a profitable ride at Allison Transmission
ValueAct Capital parted ways with the Indianapolis-based commercial-transmission manufacturer after turning its $345 million investment into $622 million, not including dividends.
Upstart digital marketer plans to hire 51 in Fishers
Iconic Digital Marketing will accommodate the expansion by moving out of Launch Fishers into its own space in the city's Nickel Plate District.
Honda starts making CR-Vs at Indiana plant after $52M project
The Greensburg factory marked the start of production of the small sport-utilty vehicle Wednesday. Officials announced plans last year to spend $52 million on preparing the factory for CR-V production.
Scale Computing secures new digs downtown
The fast-growing tech firm is joining several companies that have signed up for space in a short-term-leasing operation not far from Lucas Oil Stadium.
Delta Faucet springs back, expands HQ, plans to hire
From 2007 to 2010, the Carmel-based manufacturer laid off about 1,000 employees. But its commitment to stay invested in R&D has paid off.
Holcomb cancels Pence’s $260M cell tower contract
The Pence administration in September said it had agreed to lease the state’s existing cell towers to help the state fund its bicentennial projects and expand broadband capacity.
Cummins turns in much higher profit despite lower revenue
The Indiana-based engine manufacturer saw sales sink during the fourth quarter and the entire year.
Allegion reports quarterly increases in sales, profit
The Ireland-based security products company, which has its Americas region headquarters in Carmel, fell short of Wall Street expectations.
Chinese tire importer buys former GM plant in Anderson
Sutong China Tire Resources plans to have 20 to 40 workers at the site, where it will service the utility and recreational vehicle trailer industry.
Indiana’s neighbor getting huge boost from bourbon
Bourbon's economic potency is getting stronger with age, increasing its impact on Kentucky by $1 billion in the past two years as global demand for American whiskeys continues to grow. Indiana has its own growing whiskey business.
Allison Transmission results top Wall Street forecast
Allison Transmission Holdings Inc. on Monday topped analyst expectations for profit and revenue in the fourth quarter.
Broad Ripple tech firm lays off a third of its workforce in cost-cutting move
A crucial technology platform revamp didn’t go as planned last year, so Odyssey Media opted to rein in costs until that’s completed, according to its CEO.
Japanese firm buying Indy-based logistics company for $260M
Toyota Industries Corp. is getting into the logistics business, and it’s buying Indianapolis-based Bastian Solutions LLC to get a jumpstart in the sector.
Pre-cast concrete firm planning 39 hires in Whitestown
The company, which expects to nearly double its current employee count, began renovations to its facilities in late 2016 and could begin operations this month.
AT&T picks Indy for ‘5G Evolution’ market
The city is one of two where the telecom giant will start laying the foundation for 5G wireless technology, which is at least 20 times faster than today’s speeds.
Design agency evolves into ‘internet of things’ expert
Thirty-four-year-old design agency Outside Source has become one of the go-to players in the local “internet of things” industry.