Entrepreneur rents special-occasion children’s clothing online
Emma Hostetter’s business generated $100,000 in revenue in its first year—without an actual website. She has one now, and it’s about to get an e-commerce component.
Manufacturing
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UPDATE: State pledges $7M in incentives to Carrier as it retains some Indy operations
Under a deal with Indiana officials, Carrier Corp. plans to keep hundreds of manufacturing jobs in Indianapolis and upgrade its facility for gas furnace production.
Huntington plant looks to be left out of Trump’s Carrier deal
A 700-worker factory in northeastern Indiana facing closure doesn’t appear to be part of a deal President-elect Donald Trump struck with its parent company to keep hundreds of jobs at an Indianapolis plant.
Analysis: Trump uses Carrier, Ford to send message to manufacturers
President-elect Donald Trump is reviving the persuasive art of “jawboning” as he uses the bully pulpit to strong-arm straying manufacturers. But for how long will it be effective, and is it in the long-term best interest of the economy?
Manufacturing in U.S. expands at best pace in five months
Eleven of 18 industries surveyed by the Institute for Supply Management posted growth in November, including petroleum, paper, plastics and computers and electronics.
Experts: Don’t get too excited about Carrier deal’s broader impact
President-elect Donald Trump’s job-retention deal with Carrier Corp. could have symbolic value, some business and economic experts say, but isn't likely to alter long-term manufacturing trends.
Mutz: State to offer Carrier incentives, but other factors played bigger role
Carrier Corp. was motivated to retain 1,000 manufacturing jobs in Indianapolis by a state incentive package and the possibility of losing a “favorable relationship with federal contractors,” according to a prominent IEDC board member.
Toyota Material Handling to hire more workers in Indiana
Toyota Material Handling USA Inc. said it plans to add up to 71 workers by the end of 2019 at its facility in Columbus.
‘Flexible’ lease space for tech firms to open downtown next year
A group of real estate investors have made a $10 million bet that they can sell leases in with terms as short as one year to adolescent tech companies.
UPDATE: Carrier strikes deal with Trump to keep 1,000 jobs in Indy
President-elect Donald Trump and Vice President-elect Mike Pence plan to be in Indianapolis on Thursday to detail the deal.
With deals offered early, Cyber Monday may lose online sales title
The Monday after Thanksgiving is traditionally the busiest online shopping day, but stores are releasing internet deals earlier, stretching them through the week, as well as making them available in stores.
Madison County taking steps to avoid another computer system hack
County staffers have worked many hours of overtime restoring links between the computer software and county files that were broken in the hacking attack on Nov. 4.
Union leader not optimistic Trump can save Carrier jobs
United Steelworkers Local 1999 president Chuck Jones said Friday that he doesn't want the plant's workers to get their hopes up, but said "some hope is better than none at all."
Trump tweets that he’s ‘making progress’ on keeping Carrier in Indy
The company, which has announced plans to move 1,400 jobs from Indianapolis to Mexico by 2019, confirmed Thursday it has had discussions with president-elect Donald Trump’s incoming administration.
Cybersecurity, big data top priorities for state’s IT chief
Dewand Neely recently spoke with IBJ about cybersecurity, the innovation his office is driving, and being one of only a few African-American state government CIOs in the country.
Bluebridge sells 2 subsidiaries for $8M to focus on Emplify business
Fishers-based Bluebridge plans to begin operating under the Emplify name after selling its church and tourism app business units in separate transactions.
City tries to claw back $380,675 from exiting Rexnord Corp.
As the manufacturer prepares to move its Indianapolis operations to Mexico, city officials are demanding a refund in tax incentives received by the firm.
Subaru taking risk with introduction of new super-sized model
Subaru, a tiny, conservative Japanese brand that builds its automobiles in Indiana, is about to roll out a big, brash, American-style SUV. It’s a strategic risk for a company that has gotten in trouble before when its strays from its script.
Lilly CEO: Find overlap between corporate mission, philanthropy
John Lechleiter told local leaders Friday morning that while community engagement might not immediately impact the bottom line, it can be beneficial to a company’s ongoing mission.
Local exporters wary of Trump policies
Hoosier businesses hope negative campaign talk about nation’s trade deals won’t restrict free flow of Indiana goods outside U.S. borders.