Indianapolis is losing manufacturing jobs at a steady, some would say alarming, rate. And the Circle City is not alone, as many metro areas face serious challenges in retaining and attracting manufacturers.
Handbag and luggage maker Vera Bradley Inc. plans to bolster its design and distribution centers near Fort Wayne.
Thirteen employees have been shown the door in the fifth round of layoffs in five years at the state’s largest newspaper.
Kerry Ingredients & Flavours LLC plans to consolidate the Indianapolis manufacturing operations into other U.S. facilities. Thirty-five temporary workers also will lose positions.
A subsidized phone service provider under scrutiny from Indiana regulators is laying off hundreds of salespeople across the country amid inquiries into its sales tactics.
The job growth suggests a stronger economy and makes it more likely the Federal Reserve will slow its bond purchases before year’s end.
One of the largest private firms in Indiana, Moorehead Communications will occupy a 47,000-square-foot building that it acquired earlier this year. The project will run about $5 million.
It was not clear how many workers were losing their jobs in the Indianapolis area. However, people familiar with the cuts said the reductions were heavy in the administrative ranks, and many of those jobs are on the city’s north side.
The state’s second-largest public school district is continuing to look for further cost reductions in its operations and, down the road, in its buildings.
The jobless rate in the Indianapolis metropolitan area improved in May to 7.4 percent from 7.6 percent a year ago.
Of 112 public and large private-company CEOs, only four are women, although women make up 47 percent of Indiana's work force. The four Indiana companies with a woman as CEO at the end of 2012—Bioanalytical Systems, Fortune Industries, Defender Direct and HP Products Corp.—were among a tiny group nationwide with women at the helm.
Founded in 2007 by Purdue University students, Weeks Communications has established a new headquarters in Broad Ripple and plans to invest $4.1 million as it aggressively hires new employees.
The shutdown is the latest in a recent string of layoffs and closures by the global company in its Indiana operations.
The expansion by the Indianapolis-based digital marketer would follow its $95.5 million purchase last year of Atlanta-based marketing automation firm Pardot.
The Indianapolis pharmaceuticals giant said Thursday that it would lay off hundreds of U.S. sales reps, as it prepares for the loss of patent protection on two of its best-selling drugs.
Ohio-based Standard Printing says it will invest nearly $10 million to lease and renovate a 335,000-square-foot facility.
Interactive Intelligence says it needs more workers to handle increased business as it attracts larger clients and grows its sales related to cloud data storage and management.
Contech Castings LLC has suspended certain operations at plants in Auburn and Pierceton and laid off more than 200 employees after losing a customer to a competitor.
Thousands of Indiana’s rank-and-file factory workers have seen their earnings lose ground to that of white-collar workers. The gap has grown even as manufacturers expect their assembly-line workers to have more skills and more advanced education.
Sensient Technologies Corp. has alerted state officials that it will lay off 125 workers from its Indianapolis operations. That follows the company’s announcement that it plans to move its local Flavors & Fragrances Group headquarters to suburban Chicago.
