New Conexus CEO wants Hoosier businesses to embrace cutting-edge technology
Former Angie’s List COO J. Mark Howell is looking for ways to help the state’s advanced-manufacturing and logistics industries navigate a changing technology landscape.
Advanced Manufacturing
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GE engine factory in Lafayette feeding roaring global demand
The Lafayette facility—along with factories in Durham, North Carolina, and France—produces the LEAP, a brand-new engine that GE says has the distinction of being the fastest-selling jet engine in commercial aviation history.
Indy-area manufacturer of metal components buys similar firm in Floyds Knobs
With the addition of NetShape Technologies, Westfield’s Metal Powder Products has 1,200 employees in the U.S. and China and annual sales of $200 million.
Lilly Endowment awards $39M to bolster counties in north-central Indiana
The funding for Tippecanoe County and nine other counties is intended to help turn the region into a hub for agricultural research and advanced manufacturing.
Cummins to acquire Oregon-based battery-pack developer
Cummins said the acquisition is an “important milestone” as it works to introduce its first all-electric engines.
Praxair helping fund workforce program
Connecticut-based Praxair Inc. and the Indiana Economic Development Corp. are funding a workforce-development program in conjunction with Ivy Tech Community College.
GE Aviation’s $110M jet-engine factory on path to employ 230 by 2019
The Lafayette factory produces a brand-new fuel-efficient engine that is locked in a fierce battle for customers with a new engine produced by Connecticut-based Pratt & Whitney.
Purdue, Rolls-Royce, state launch $24M partnership to advance aircraft engines
The Indiana Economic Development Corp. said the Purdue-based partnership will create the nation's most advanced turbine lab for compact gas engines.
Cummins to launch its first all-electric products in 2019
The Columbus-based company, known for its diesel engines, says it’s positioning itself for the future in alternative vehicle technologies.
Five ways IoT, innovation will change the way we stay secure
IBJ asked Allegion futurist Rob Martens to tell us how security technology will change our lives moving forward. His answers are as much about information and data as they are about physical barriers.
Rise in internet-connected devices creates new cybersecurity concerns
Aerospace and defense companies are working to thwart digital attacks from several sources and expect huge demand for workers in the field.
Toyota Industrial plans $17.5M expansion of forklift plant
The company, which makes forklifts and other material-handling equipment, announced Tuesday that it will add 150,000 square feet to its complex, bringing the total to 1.3 million square feet.
IUPUI awarded $1.5M to help manufacturers find energy savings
The school’s program already has recommended $11 million in savings for more than 75 companies since 2011.
Experts: Don’t get too excited about Carrier deal’s broader impact
President-elect Donald Trump’s job-retention deal with Carrier Corp. could have symbolic value, some business and economic experts say, but isn't likely to alter long-term manufacturing trends.
Mutz: State to offer Carrier incentives, but other factors played bigger role
Carrier Corp. was motivated to retain 1,000 manufacturing jobs in Indianapolis by a state incentive package and the possibility of losing a “favorable relationship with federal contractors,” according to a prominent IEDC board member.
Packaging entrepreneur, 84, to sell family firm for $100M
Bob Haddad started the box company in 1975. It since has branched out to a wide variety of products and several location in Indiana and Illinois with 300 employees total.
Cummins CEO: Companies need to stand up for free trade, TPP
Tom Linebarger points to the company’s Seymour plant where 800 employees produce high-speed diesel engines—70 percent of which are exported globally—as a key reason he believes free trade is good for the Hoosier worker.
Indiana’s manufacturing industry losing steam, survey says
Respondents from a wide range of sectors across the state say their expected growth rates for revenue, profit and capital investment are lower than in recent years.
Rolls-Royce shakes up top management amid ongoing restructuring
The London-based company, which has 4,000 employees in Indianapolis, has cut divisions and eliminated more than 600 senior and middle-management positions over the past year. It just hired a new chief financial officer.
FOCUS: More kids take vocational classes but challenges remain
In the school year that ended in May, nearly 175,000 students were enrolled in more than 235,000 career and technical classes. That’s an 11 percent increase since the 2012-2013 school year, when Gov. Mike Pence challenged schools to serve students going to work as well as students going to college.