Bluebridge raises $3 million in VC, launches subsidiary
The Fishers-based company has pulled more venture capital from existing and new investors, part of which will fuel the growth of a new employee-engagement company.
Manufacturing
Articles
Sun King beer makes statewide move to grocers’ shelves
With $2 million in improvements to its Indianapolis brewery, Sun King now plans to distribute its Sunlight Cream Ale and Wee Mac Scottish Ale to grocery and convenience stores across Indiana.
Angie’s List hopes new business model spurs surge in traffic
The goal is to boost user traffic—which has been growing slowly lately—in order to spur service-provider spending, which drives 80 percent of Angie’s List revenue.
Council to form task force to study easing taxi regulations
Local cab drivers have complained that current rules put them at a disadvantage when trying to compete with ride-sharing services Uber and Lyft.
Court ruling opens GM to billions in death, injury claims
A federal appeals court ruling that General Motors can't use its 2009 bankruptcy to fend off lawsuits over faulty and dangerous ignition switches exposes the automaker to billions in additional liabilities, according to legal experts.
Manufacturer plans $97M expansion, 150 jobs in Shelbyville
Ryobi Die Casting USA said it plans to grow its operations with the acquisition of a 350,000-square-foot building. The company already has 860 employees in Shelbyville.
Zionsville officials deny couple’s Airbnb request
Two Zionsville residents who have used Airbnb to rent an apartment above their garage to short-term visitors can no longer do so. The town’s zoning board saw no wiggle room in existing rules.
Indy to host aerospace conference in 2018
The Aerospace Industries Association plans to host its Supplier Management Council conference in Indianapolis in the spring of 2018, state officials announced Tuesday from a prestigious airshow in England.
Rolls-Royce lands $216M contract for fighter jet lift systems
Most of the work will take place at the manufacturer’s Plainfield and Indianapolis facilities.
Toyota parts supplier adding 160 jobs in expansion
Toyota Boshoku Indiana LLC has launched a $10.6 million expansion of its plant in Princeton.
Local digital ad agency to offer free industry training
Fishers-based Statwax said it’s launching a free academy this fall to help professionals get certified in Google AdWords and Google Analytics.
Pair of software firms plan to add a combined 160 jobs
The legal-technology startup PactSafe plans to create 91 jobs by 2020, and the software developer WDD Software plans to create 69 jobs by 2021.
Noblesville’s development strategy emphasizes local company expansions
The city’s investment in the retention and expansion of more mature, existing businesses has been paying off.
E-liquid maker withdraws application after security firm questioned
Cali Co-Packing LLC told IBJ that it has decided to withdraw its application from the Indiana Alcohol and Tobacco Commission following media reports that the company’s chosen security firm didn’t appear to meet a new state law’s stringent requirements.
VW’s diesel emission scandal could mean business for Cummins
Volkswagen AG’s diesel emission scandal might be one of the best things to happen to American air quality. It also could mean new business for one of the state’s largest manufacturers.
Local technology firms plan expansions, 77 new jobs
Two local technology firms are making plans to expand their operations in Indianapolis, adding a total of up to 77 employees over the next four to five years, the companies announced Wednesday morning.
U.S. factory orders drop as military spending plunges
Orders at U.S. factories dipped in May, dragged down by less demand for steel, aluminum, furniture, electrical appliances and military aircraft.
Hostess Brands, four years after bankruptcy, planning IPO
The maker of Twinkies and Ding Dongs, which operates a major plant in Indianapolis, has been reborn under new ownership after crashing in 2012 under a barrage of labor issues and rapidly changing appetites.
Indiana RV maker pays $576M for fellow Hoosier firm
Thor Industries Inc. has purchased privately held Jayco Corp. in hopes that it will help attract younger customers looking for more modest travel abodes.
U.S. auto sales expected to hit record in first six months
However, after six straight years of growth—and record sales of 17.5 million last year—U.S. sales are beginning to plateau.