Losses grow for EnerDel parent, but sales rise
New York-based Ener1 reported late Monday that it suffered a third quarter loss of $15.8 million.
New York-based Ener1 reported late Monday that it suffered a third quarter loss of $15.8 million.
Telling a story about a company and a union that both feared the future, and fought to a bitter draw.
Despite a vaguely worded veto threat by President Barack Obama, the House on Thursday easily adopted a major defense
policy bill that calls for continued development of a costly alternative engine for the Pentagon’s next-generation fighter
jet.
Raytheon Technical Services Co. LLC today eliminated 77 jobs at its avionics development center at 6125 E. 21st St. in Indianapolis.
A defense contractor plans to take over a former Visteon facility in southern Indiana, where it will do work for the nearby
Crane Naval Surface Warfare Center.
The message that Steve Dwyer, recently retired chief operating officer of Rolls-Royce North America, is taking to central
Indiana educators is that they still need to train students for careers in manufacturing.
Carol D’Amico, president and CEO of the newly formed industry advocacy group Conexus Indiana, is intent on boosting the visibility
and growth of the logistics industry. Large though it is, it’s also relatively ambiguous and sits in the shadow of the state’s
much-vaunted life sciences industry.
Indiana’s automotive manufacturing employment for the last decade peaked at 142,000 in 1999. Since then, the sector has shed
20,300 jobs-a staggering one-seventh of its total. Another 5,220 are slated to be cut soon. And there’s no end in sight.