Quality-control firm launches after key player folds
Entrepreneur Steven J. Cage has launched a new quality-control business after the one he built into an industry leader shuttered suddenly.
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Jackpot awaits lawyers in price-fixing litigation
Attorneys for concrete purchasers who say they were victims of a price-fixing scheme have waged a tenacious legal battle over
the last four years, and .now
they’re ready to cash in.
Indy Power drops electric-car focus for more lucrative control boxes
After a stint making parts for electric cars, Symphony Motors recently became Indy Power Systems, changing course to make power control boxes for a variety of vehicles and also industrial and military applications.
Tech firm Powerway seeking rebound
Powerway Inc., the Indianapolis-based maker of manufacturing quality-control software that grew like gangbusters in the 1990s
and aimed for an initial public offering, has endured a dog of a half-decade. But that soon could change. Powerway just hired
an IT industry turnaround expert as CEO.
Fortville firm’s helmet pads protect U.S. troops
Fortville-based Genesis Manufacturing makes helmet pads for U.S. troops through Colorado-based Skydex Technologies, which
won a contract this fall with the U.S. Air Force for 120,000 helmet pad kits. Most of the helmets have wound up in Iraq, where
the military has discovered soldiers need something more than Kevlar-lined helmets to survive roadside mines and exploding
Toyotas.