Defense contractor Gryphon plans Bloomington expansion
Maryland-based defense contractor Gryphon Technologies plans to expand its operations in Bloomington, creating as many as 60 jobs by 2013.
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Airport garage still open after fabric roof collapse
The collapse is being blamed on ice and snow that accumulated on the canopy, sending chunks crashing into the garage’s atrium. Six parked rental cars were damaged, but nobody was hurt.
Wrecker business emerges from sad circumstances
After Tammy and Tony Hanna each lost a parent to cancer, the couple took $175,000 from their parents’ life-insurance policies to start Hanna’s Wrecker Service. It opened in October 2008 with five trucks and 13 employees, and now has seven trucks and 17 workers, and plans to move to a larger site that will allow for additional growth.
Republic Airways expands contract with Delta
When the locally based airline bought Frontier and Midwest, some predicted big carriers like Delta would stop doing business with Republic.
Judge orders concrete company to bargain with union
Irving Ready-Mix was ordered to restore pay to workers that had been cut by nearly $3 an hour and to recognize the union as the collective bargaining representative of the employees.
Republic shifts eight Frontier planes to Delta
Republic Airways Holdings Inc. said on Monday that it will shift eight regional jets from flying for its Frontier Airlines unit to fly them under contract for Delta Air Lines Inc. instead.
Measure would allow photo radar cameras in school and construction zones
Legislature considering use of same technology used to nab those who disregard traffic signals.
Bill would force owners of electric cars to pay fee
Special charge would help offset lost gas-tax revenue.
Pearson Ford buys wholesale car-parts business
Owner John Pearson recently purchased the parts business of Paul Harvey Ford, which is ceasing operations after more than 44 years.
New Fort Wayne-Lafayette highway could be done early
Indiana highway officials say construction of the $500 million Hoosier-Heartland Corridor connecting Fort Wayne and Lafayette is ahead of schedule and under budget.
Aerospace firm plans to add 159 engineering jobs
Aero Engine Controls plans to invest as much as $8.5 million to expand its operations near Indianapolis International Airport, adding up to 159 jobs over the next two years.
Cat Logistics to lay off 84 in Greenfield
Caterpillar Logistics Inc. plans to permanently lay off 84 employees from a facility in Greenfield, where it handles distribution services for Irwin Industrial Tools.
Celadon sees quarterly rise in profit, revenue
The Indianapolis-based trucking company reported revenue of $133.1 million, up 4.6 percent from the same quarter of 2009. Profit rose to $2.9 million from $1 million.
Trucking firms need drivers; students can’t afford training
A study by the Council of Supply Chain Management Professionals estimates that the trucking industry needs to hire 200,000 more drivers this year, but some driver-training schools locally say many potential students don’t have the $3,000-to-$5,000 or more for tuition.
Colombian Army lands aircraft at Eagle Creek
South American country joins local aviation firm’s list of international clients.
UPDATE: Demand for distribution services drives firm’s growth
Indianapolis logistics firm Backhaul Direct LLC plans to invest $1.7 million to grow its downtown operation and add nearly 325 jobs by 2015 as demand for its distribution services grows.
Federal judge backs jury award in FedEx-ATA dispute
Richard Young rules that the $66 million verdict against FedEx was rational and “not monstrously excessive.”
Indiana mergers and acquisition ranged upward of $2.3 billion
Simon Property Group’s acquisition of Prime Outlets was the largest by an Indiana company in 2010.
BREAKING: Backhaul Direct plans expansion, 325 new jobs
Indianapolis logistics firm Backhaul Direct LLC will invest $1.7 million to grow its downtown operation, adding nearly 325 jobs over the next four years. State officials announced the expansion plans Thursday morning.
Brightpoint to re-enter the Polish market
Indianapolis-based Brightpoint Inc., which helps cell phone makers manage their supply chains, said Wednesday that it is re-entering Poland, a market it exited two years ago at the height of the global downturn.