Workforce-related tech firms plan 284 Indiana jobs
Hendricks County-based Safe Hiring Solutions LLC and sister company Safe Recruiter Solutions on Thursday announced plans to expand operations in Indiana.
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Fiery Tesla crash downtown kills two people, including tech exec
The Marion County Coroner identified the car’s passenger as Kevin McCarthy, a member of IBJ’s Forty Under 40 Class of 2008 and CEO of Express Software and Services.
UPDATE: Layoffs begin at Angie’s List as firm seeks suitors
The job cuts that Angie’s List officials alluded to on Tuesday are already under way at its Indianapolis operations, sources inside the company told IBJ on Thursday. The layoffs could run in the hundreds, they said.
Calumet Specialty posts fifth straight quarterly loss
The Indianapolis-based fuel-products company posted a loss of $33.4 million in the third quarter, marking an improvement over its previous four quarters.
Cabinet company investing $5M in new downtown design studio, plans to hire 200
CliqStudios, the nation’s largest online retailer of semi-custom kitchens, said the studio will employ designers who will work with homeowners nationwide to plan and design construction or remodeling projects.
Angie’s List CEO says timing right to consider suitors
CEO Scott Durchslag said Tuesday the company wants to be proactive instead of reactive when it comes to courting suitors, a stark shift from his tone about the matter last year. Also, the company is gearing up to slash jobs in a cost-cutting effort.
Cummins shares slip on lower revenue, earnings
The Indiana-based engine maker said sales were hurt by a slowdown in North American truck production and by weak international demand for power-generation equipment.
Cummins CEO: Companies need to stand up for free trade, TPP
Tom Linebarger points to the company’s Seymour plant where 800 employees produce high-speed diesel engines—70 percent of which are exported globally—as a key reason he believes free trade is good for the Hoosier worker.
Emarsys North America parent lands $22.3M investment
This financing will be used to “fuel innovation in artificial intelligence and data science, and accelerate growth at Emarsys,” the company said.
RCA firm grows with LED popularity
For decades, the RCA brand has been associated with televisions and other consumer electronics. But it’s LED lighting that’s helping fuel growth for Indianapolis-based RCA Commercial Electronics.
‘Gig’ economy heats up in Indy
A swelling throng of Indianapolis workers is part of the so-called “gig-economy,” which denotes the matchmaking between independent contractors and consumers over technology platforms.
Angie’s List board departures followed push by activist
A Washington, D.C.-based investor who had wanted two longtime board members of Angie's List Inc. to quit got his wish in early October.
Allegion rebounds in third quarter with $1.6M profit
The security-products firm also posted higher revenue, but its results weren’t as good as Wall Street expected.
IU’s new data science degree taps into hot health care market
The new degree blends such disciplines as biostatistics, computer science and informatics to better understand issues related to health care cost and quality.
Mayor unsure how much of Rexnord incentives city could claw back
Indianapolis officials had success recovering $1.2 million from Mexico-bound Carrier Corp. In the case of Rexnord Corp., which announced a tentative plant closure last week, the incentives in play could be far less.
Indy cloud-consulting firm Appirio to be acquired for $500M
An India-based infotech company plans to buy Appirio Inc., which moved its corporate headquarters from San Francisco to Indianapolis last year.
Indiana’s manufacturing industry losing steam, survey says
Respondents from a wide range of sectors across the state say their expected growth rates for revenue, profit and capital investment are lower than in recent years.
Vertellus workers qualify for federal layoff assistance
The U.S. Department of Labor says Vertellus employees affected by a pending plant layoff can apply for Trade Adjustment Assistance.
Oesterle joins board of utility-tech startup MeterGenius
The former CEO of Angie’s List Inc. has accepted an invitation to sit on the board of a startup launched by a former Angie’s List employee.
Rolls-Royce’s $400M modernization is massive juggling act
With Project Condor, the manufacturer will update its Tibbs Avenue and Raymond Street plants while continuing uninterrupted production of high-precision engines for military aircraft.