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Crawfordsville-based auto parts maker Friction Holdings LLC announced today that it will stop operating in February, throwing 461 employees out of jobs in the city northwest of Indianapolis and another 171 at a plant it operates in Mississippi. The company said it lost a large chunk of business, and couldn’t cut costs enough to compensate. […]
In times like these, what do you think of the Worker Adjustment and Retraining Notification Act, commonly
called the WARN Act or WARN notices?
The federal law was passed in 1988 to give employees 60 daysâ?? notice of an impending layoff,…
Newman Equipment Inc., a southwest-side company that sells parts and services for excavators and material handlers, has been acquired by Reco Equipment Inc. of Morristown, Ohio, for an undisclosed price. The name of the Indianapolis company, which has five mechanics and trucks, has been changed to Reco. The deal adds central Indiana to Reco’s footprint, […]
OrthoIndy and its Indiana Orthopaedic Hospital will open an outpatient center on the south side in the fall of 2010, they announced today. The 75,000-square-foot building will be similar to a center they opened in Brownsburg in September. It will be east of I-65 and south of County Line Road in Greenwood. The location is […]
Indy Racing League team owner and driver Sarah Fisher will step away from her office at her race shop to guest co-host the Smiley Morning Radio Show on WZPL-FM 99.5 along with Dave…
I’m not one of those “TV is beneath me” snobs, but the reality is that, as your friendly neighborhood arts guy, I don’t have much time to watch the tube.
Still, when I saw the Golden Globe nominations this morning, I had to…
Columbus diesel engine maker Cummins Inc. today said the slowing economy has forced it to revise its 2008 outlook downward. Sales will rise 9 percent rather than the previous guidance of 12 percent, and profit will increase 9 percent instead of 10 percent. Most of the declines are coming in its engine and components businesses, […]
Profit plummeted 40 percent for Hurco Cos. Inc. in its fourth fiscal quarter, the Indianapolis machine tool maker reported today. The decline to $3.4 million in the period ended Oct. 31 was caused by the slumping global economy, Hurco said. Sales edged up slightly in Europe, but fell in North America and dropped by more […]
Daphne Clark, whose roles at WellPoint Inc. have included serving as chief of staff to CEO Angela Braly, has been tapped to direct the Medical Technology Leadership Forum. The forum is the not-for-profit think tank that’s moving this month from Minneapolis to the Indiana University Research and Technology Corp. campus on Indianapolis’ downtown canal. From […]
Last Saturday’s Indiana Author Fair at the Indiana Historical Society not only brought to town a lot of Indiana authors. It also brought to town some of the bravest Indiana authors. A few slid there way from “the region,” sharing…
Truck trailer manufacturer Wabash National Corp. announced today that it will lay off 800 employees at its Lafayette plant with the intent of calling them back to work in the second quarter. The layoff begins Dec. 22. Other workers will have an extended holiday shutdown lasting from Dec. 22 to Jan. 6. Lafayette-based Wabash didn’t […]
St. Vincent Indianapolis Hospital is cutting about 50 jobs to reduce costs in the face of declining patient volume and rising numbers of unpaid bills. The people being laid off are spread throughout the hospital, including human resources, facilities and management, said St. Vincent spokesman Johnny Smith. He said St. Vincent has made no job cuts […]
Robert Enlow is replacing Gordon St. Angelo as president of the Friedman Foundation for Educational Choice on Jan. 1, the Indianapolis-based not-for-profit announced yesterday. Enlow has been executive director of the group, started by legendary economist Milton Friedman and his wife, Rose, since late 2004. St. Angelo, a pioneer in the school-choice movement, had led […]
Dalton Corp., a foundry headquartered in the northern Indiana city of Warsaw, has filed for Chapter 11 bankruptcy protection from creditors. Dalton has about 1,500 workers at gray iron foundries in Warsaw and Kendallville, and a machining facility in Stryker, Ohio. The company supplies castings for air-conditioning, engines, transmissions and other uses. The bankruptcy was […]
The Indy Racing League today announced an extension of its long-time association with ESPN International for worldwide (excluding the United States and Brazil) distribution of IRL broadcast rights until 2010, with a further…
Lilly Endowment has committed $300,000 to the International Center of Indianapolis for the 10th year in a row. The funds will be used for programs including cross-cultural training for employees and helping families relocate from other countries. The not-for-profit focuses on connecting people from various cultures in the city.
A study released today by the Democratic-leaning Economic Policy Institute estimates 40,700 to 147,300 Hoosiers would be thrown out of jobs if one or more of the three Detroit automakers were to shut down. The figures equate to 3 percent to 5 percent of the state’s 2.9 million workers. Only Michigan would be hit harder, […]
Ivy Tech Community College has grown to become the largest post-secondary institution in the state, and it probably will get a lot bigger. Ivy Tech said today its enrollment of 120,447 in the 2007-08 academic year topped the 118,952 students in the Indiana University system. Purdue had 39,102 students. Ivy Tech attributed the growth to […]
A plant in Fremont that makes enclosures for electronics, computers and telecommunications equipment will close by Aug. 1, throwing 114 out of work, according to The Journal Gazette of Fort Wayne. The work is being consolidated at a plant in Urbana, Ohio. Both sites are owned by Rittal Corp., which is headquartered in Springfield, Ohio, […]
There’s a new reality in professional sports. Slowly, but surely the people who run sports operations in central Indiana are waking up as the sun rises on a new day. Here’s some news that should help all of us understand…
