State launches ‘one-stop’ business portal to blast through red tape
The state promises the website will make the bureaucracy that comes with opening and maintaining a business easier to navigate.
Manufacturing
Articles
Salesforce as top tenant makes tower more marketable, expert says
With Salesforce.com establishing a 250,000-square-foot regional headquarters in the soon-to-be-christened Salesforce Tower Indianapolis, the building should become much more alluring when its owner shops it for sale.
Salesforce to invest $40M in Indy expansion, reap $17.2M in state incentives
The tech giant will establish its regional headquarters in the Chase Tower, to be renamed Salesforce Tower Indianapolis. Employees will start moving into the refurbished space in 2017.
Salesforce plans to hire 800, attach its name to downtown tower
The tech company on Friday is expected to announce its intention to add hundreds of workers and sign a naming-rights deal for the state’s tallest building.
Calumet reviewing assets after huge quarterly loss
Indianapolis-based Calumet Specialty Products Partners reported a quarterly loss of $67.7 million Thursday morning as revenue took a nosedive. The company said it might divest some of its assets, including an underperforming $430 million refinery that opened a year ago.
Zika virus fear fuels demand for local DEET manufacturer
Indianapolis-based chemical manufacturer Vertellus Specialties Inc. has expanded its production capacity by 80 percent to keep up with customer demand for DEET, a common active ingredient in mosquito and tick repellents.
Cummins tops forecasts despite lower profit, revenue
Cummins Inc. on Tuesday reported lower first-quarter earnings and revenue, but the results topped the expectations of analysts.
Inventor, engineer Harroun honored as 1st Indy 500 winner
Ray Harroun was remembered at a memorial service Sunday not only as the man who won the first Indy 500, but for his contributions to the auto industry, motorsports, engineering and inventing.
Interactive Intelligence posts bigger-than-expected quarterly loss
Interactive Intelligence Group Inc. on Monday said it lost $13.3 million in the first quarter in a financial performance that failed to live up to the expectations of industry analysts.
High-tech jobs surge in Indianapolis, report says
Indianapolis saw high-tech software and services employment grow 18 percent from 2012 to 2014—the eighth-fastest rate among the 30 cities surveyed, according to CBRE Research.
Broad Ripple media firm nets $25M in equity round
Odyssey, a Broad Ripple firm behind a fast-growing website for millennials, has raised a game-changing sum as it plans more hires.
Allison Transmission’s quarterly results top expectations
Allison Transmission Holdings Inc. on Monday reported first-quarter earnings and profit that came up short of last year’s results but still exceeded Wall Street expectations.
Appirio grabs top honors at Mira tech awards
The cloud-consulting company, which moved its headquarters to Indianapolis from San Francisco last year, impressed judges with its “proven dedication to creating innovative solutions.” The company was one of 17 award-winners Saturday night.
Firms put new software engineers on training fast track
A new trend in tech companies toward in-house apprenticeships for new employees reflects an increased desire to orient entry-level programmers without taxing veterans.
State’s life sciences sector on rise while struggling with talent, capital
Shortages of workers and investment dollars remain the two biggest challenges for Indiana’s life sciences industry, which otherwise is showing robust vital signs and embarking on high-profile collaborations.
Trump rails against Carrier decision again—but this time to those affected
It’s been an applause line for Donald Trump throughout his presidential campaign, and he came back to the topic several times during his speech at the Indiana State Fairgrounds.
Sun King seeks $100K tax break on expansion plans
The brewery is embarking on a project that will enable it to nearly double production and begin distributing throughout Indiana.
Finish Line gets banged up in new e-commerce study
A report from the investment firm Credit Suisse analyzed the e-commerce capabilities of Nike, Finish Line and Foot Locker and found Nike is far and away the leader.
Coveted cloud consultancy Appirio shuns talk of sale
Appirio Inc., a global cloud-consulting firm that transplanted to Indianapolis last year, might soon get a few acquisition offers. A wave of buyouts has swept through the so-called “cloud services” sector in recent years, including International Business Machines Corp.’s deal on March 31 to acquire Bluewolf Group LLC for $200 million. Appirio is one of […]
Nameless Catering is darling of tech world
Nameless is the only caterer Eleven Fifty coding academy uses. It's also the preferred Vendor for Verge, The Speak Easy, Launch Fishers, DeveloperTown and Dreamopolis.