Columbus-based engine maker Cummins Inc. has been building business in China for 30 years, long before many U.S. companies had even begun formulating a China strategy.Cummins now employs 8,000 people in China and racked up 2010 sales of $3.1 billion.
People talk about China’s continued economic growth almost as if it is a foregone conclusion, but not all economists are so sure.
With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.
The city’s decade-record number of job commitments in 2010 could be the most frequently discussed figure in the run-up to this fall’s mayoral election, but the number of commitments is difficult to verify.
Liquor stores didn’t do as well, undercutting their argument against allowing other retailers to sell cold beer.
The U.S. Defense Department on Thursday directed General Electric Co. and Rolls-Royce Group Plc to halt work on a second engine for the F-35 Joint Strike Fighter until there is more explicit direction in the fiscal 2012 budget.
Golf club’s former operator defaulted on loan agreement, forcing city officials to make $222,724 in payments and search for another contractor to manage it.
Health advocates will have to live with wide exemptions in a proposed statewide smoking ban because a stricter, more comprehensive ban wouldn't be able to pass the conservative Senate, the head of a Senate committee said.
The leader of the boycotting Indiana House Democrats returned to the Statehouse on Wednesday for what he called a "very positive" meeting with Republican House Speaker Brian Bosma.
A bill signed by Gov. Mitch Daniels will create a type of auction among rural communities for young entrepreneurs graduating from some universities in the state.
The Senate Judiciary Committee advanced the amendment on a 7-3 party line vote Wednesday, with Republican senators rejecting arguments that language prohibiting civil unions could threaten the ability of employers to offer domestic partner benefits.
Indiana University researchers say there is no economic incentive for lawmakers to exclude off-track betting facilities from a smoking ban under consideration in the Indiana Legislature.
A legislative stalemate in Indiana reached a political milestone on Tuesday as House Democrats stayed away from their jobs for a 30th consecutive day in what now ranks among the longest Statehouse boycotts in recent U.S. history.
SS&C Technologies said it will create the jobs by investing about $3.9 million to open a service and technology center in the southwestern Indiana city. The company will begin hiring immediately and expects to begin operating in the second quarter of 2011.
The book is scheduled to come out in September and is being billed by Sentinel as a reminder of "America's urgent need for limited but more effective government, fiscal discipline at all levels, increased liberty for individuals, and a restoration of our national greatness.”
Indiana wants to use its public health savings account program for low-income adults to cover people who will become newly eligible for Medicaid under the federal health care law beginning in 2014.
House Speaker Brian Bosma directed Republican committee chairmen to hold meetings starting this week to discuss Senate bills, even though no official action or votes can be taken until Democrats return and provide the quorum required by the state constitution.
An Indiana state senator is returning campaign contributions from Timothy Durham, a former Indianapolis businessman charged with running a Ponzi scheme that defrauded investors of more than $200 million.
An Indiana Senate committee is set to start public hearings on a new state budget, reviving a process that has been stalled by the month-long boycott by House Democrats that shows no signs of ending.
Both Democrats and Republicans claim the walkout by Indiana House Democrats is rallying support for their side, spurring new donations and rousing the party faithful.
