Cummins Inc.—a company that quadrupled its profits in two years—has shifted to cost-cutting mode amid a drop in global sales, but the Columbus-based engine manufacturer says it’s still on track to increase sales from $18 billion in 2011 to $30 billion in 2015.
Citizens Water engineers are considering various methods, both short-term and long-term, to meet increasing demand on the water supply of Indiana’s largest metro area, which might need 50 million gallons more water per day as early as five years from now.
Former Purdue University President France Cordova is getting nearly $500,000 and reaping other financial benefits under a separation agreement approved by the school's board of trustees.
Six of the 17 Indiana banks that relied on the federal government to shore up their balance sheets in the recession have yet to repay, and the U.S. Treasury isn’t going to wait forever.
The automaker is asking the Indiana Utility Regulatory Commission to look into its dispute with Duke Energy—and order the utility to return a deposit it required to keep the power on at Chrysler's Kokomo plants.
Indiana’s 13 plants distilling the automotive fuel ethanol could soon be sputtering as drought dries up the supply and boosts the price of corn, their main ingredient.
Kokomo-based Haynes International Inc. plans a $23.5 million project to increase production at a central Indiana factory where it makes specialty metal plates and sheets for the aerospace and other industries.
Colleagues of Gov. Mitch Daniels say Hoosiers should expect him to bring a familiar approach to his upcoming role at Purdue University: Do more with less, reward performance, find creative ways to tap new pools of money, and use warm folksy charm.
The skies got a little brighter for the orthopedic industry on Friday after Warsaw-based Biomet Inc. reported strong quarterly sales growth of 3.4 percent. That news sparked a small surge in the stock prices of two other Warsaw-based orthopedics companies.
Officials will be seeking approval from the eastern Indiana city's Redevelopment Commission to use money from a $5 million state technology park grant to buy 14 acres and two buildings that once belonged to Dana Corp.
The family that owns Indiana's Holiday World will get as much as $3.9 million from the state of Kentucky over the next decade to reopen a shuttered amusement park in Louisville.
Indiana University divers searching the site of a 1725 shipwreck found the booty and other artifacts including musket balls and ceramics. The discovery was introduced to the public Tuesday at the Children's Museum of Indianapolis.
University officials overseeing plans for the $38 million Wang Hall of Electrical and Computer Engineering had hoped to start construction in early May but now say a September start is likely.
NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional equipment for its 1-million-square-foot facility.
The Warsaw area is well-known as the home of gigantic orthopedic implant companies and their suppliers. But now a handful of startups have been able to raise nearly $25 million in equity investments despite the recession—putting a bit more fuel into a fairly stagnant entrepreneurial sector.
Officials are putting the brakes on personal use of city-owned vehicles as part of an effort Mayor Kristen Brown says will save the city thousands and send a message about fiscal responsibility to taxpayers.
Rushville-based Barada Associates Inc. specializes in helping business clients make good hiring decisions—services that have become more popular as companies find themselves inundated with eager applicants looking for work.
A central Indiana business owner and radio show host plans on rebuilding a southern Indiana concert hall that hosted some of country music's top acts before it burned down in 2009.
The idea is to send middle and high school students the message that there are plenty of jobs in engineering.
A central Indiana county is pulling back its financial support for a pair of green-energy companies who so far haven't delivered on plans for factories with hundreds of workers.
