Articles

Two companies adding jobs in Elkhart County

Two companies have announced plans that could mean about 200 jobs at factories in northern Indiana’s Elkhart County, which
has been among the country’s hardest-hit places during the recession.

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Prosecutors see seedy side to seemingly tame industry

Current and former employees of Bloomington-based International Outsourcing Services LLC are under assault by federal prosecutors
who charged they participated in a scheme to bilk some of the nation’s largest issuers of coupons out of more than $250 million.

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Struggling contractors hope for sale of factory

Contractors struggling under the weight of an unfinished factory in Tipton are hoping for a quick sale to recover at least
some of the $44 million they say they’re owed by Getrag Transmission Manufacturing.

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GM workers hesitate to bite at buyout bait

GM workers must decide by March 24 whether to take a buyout, but the lack of jobs due to the recession coupled with the cost of health care makes their decision especially difficult.

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Tough economy touching all industries, but some are hurting more than others

Stock markets are falling, jobs are disappearing, and the outlook for the economy seems grim. Banks, real estate developers,
retailers and manufacturers are taking the worst hits, but all types of businesses in central Indiana are hurting. From health
care to technology, education to philanthropy, every industry is trying to take the setbacks in stride.

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Knauf plans state’s first ‘gold-certified’ building

in an uncommon move among Indiana manufacturers typically more preoccupied with foreign competition and deteriorating margins,
Knauf Insulation is rebuilding its research and development facility, destroyed in a fire last year, to make it 30 percent
more energy-efficient than a conventional office building of its size.

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Century-old manufacturer cleans up on dirty water

One hundred and one years ago, Cole Stickle convinced the Langsenkamp family to help him start a company based on a
technology few understood–turning water into steam power. Five generations later, the 15-employee operation continues to
thrive.

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Auto-job slide accelerating

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.

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Calendar publisher wants to power his factory with wind

The Time Factory founder and CEO Jim Purcell wants to erect a 150-foot-tall wind turbine above his calendar factory near 62nd
Street and Georgetown Road. Purcell figures the $200,000 contraption could power 60 percent–if he’s lucky, maybe 80 percent–of
his 22,000-square-foot facility.

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Franklin manufacturer benefits from high petroleum costs

Increased oil and natural gas prices are hammering many manufacturers, but Franklin-based Grimmer Industries Inc. is flying high. Grimmer specializes in making Hurricane brand air compressors and compressor boosters used in oil and natural gas well drilling and aggregate mining.

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