Vending machines grab tech firms’ fancy
International Vending Management Inc. has been winning the affection of industry titans in and around the tech hotbed lately, and it sees plenty of room for growth.
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GOP president, Congress could dump medical-device tax
For years, medical-device makers in Indiana and around the nation have insisted that the 2.3 percent tax on sales to help fund the Affordable Care Act has hurt business and slowed innovation.
RV maker Jayco to add 300-plus jobs with expansion
Thor Industries Inc. has announced plans to expand its northern Indiana operations of recreation vehicle manufacturer Jayco and add more than 300 workers.
Union plans rally to spotlight Rexnord job losses
With the shutdown of Rexnord Corp.’s local bearings plant just months away, union officials are planning a rally next week to highlight the workers’ plight. Meanwhile, employees have received approval for federal job relocation aid.
Speaker firm Klipsch rocking again after losing its beat
Voxx International Corp.’s Premium Audio segment—essentially Klipsch—has seen three straight quarters of strong sales growth, including a 27-percent showing in the latest quarter.
Toyota to add 400 jobs, sink $600M into Indiana SUV factory
The factory will be able to build 40,000 more Highlanders per year when the expansion is finished in the fall of 2019.
French company plans 70 layoffs at Indiana factory
One of the largest employers in an Indiana county plans to lay off about 70 workers and move some production to out-of-state factories.
Rolls-Royce to open downtown aviation museum
The exhibition featuring aircraft engines dating back to the 1920s emphasizes the manufacturer’s past while also looking ahead.
Judge approves $630M Rolls-Royce settlement over bribery probe
A United Kingdom judge has approved settlement between Rolls-Royce Holdings Plc and UK prosecutors, resolving a bribery probe spanning three decades of misconduct at the jet-engine maker.
Indiana lawmakers propose bills to change RV sales tax law
Two proposed bills in the Indiana Legislature aim to exempt out-of-state buyers of recreational vehicles from having to pay state sales tax, even if their states don't have a reciprocal agreement in place.
Cummins unveils downtown Indy office complex, recruiting tool
The Columbus-based engine maker says having an expanded presence in Indianapolis through its $30 million-plus global distribution headquarters should help the company recruit talent that prefers urban life.
U.S. automobile sales expected to rise for sixth straight year
Demand may be slowing, but U.S. consumers still bought a whole lot of cars and trucks in 2016.
Sports apparel maker planning to add 192 workers at local plant
BSN Sports LLC plans to spend $2.4 million to improve its sportswear production facility on the city’s northwest side.
Allison Transmission CEO to retire in 2018
The Allison board plans to consider internal and external candidates to replace Lawrence Dewey, 60, who has served as Allison’s top executive since 2007.
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.
Trump tweets that F-35 program—which involves Rolls-Royce—is too costly
President-elect Donald Trump tweeted Sunday that costs for the F-35 fighter-jet program, the Pentagon’s most expensive weapons system, are “out of control.” The Indianapolis operations of Rolls-Royce are significantly involved in the F-35 program.
Workers at endangered Indiana plant feel forgotten by Trump
Connecticut-based United Technologies, the parent firm of Carrier Corp., said in a statement that its plans to send 700 Huntington jobs to Mexico haven’t changed.
Union president challenges Trump on Carrier job numbers
The union president slammed by Donald Trump on Twitter challenged the president-elect to back up his claim that a deal with Carrier Corp. would save 1,100 jobs in Indianapolis.
Seattle-based bar-accessory business plans local warehouse, 101 jobs
True Fabrications Inc. has proposed occupying an existing 125,194-square-foot building in Warren Township to use as its first regional distribution center outside of Washington.
Carrier, fresh off Trump talks, increases prices due to higher costs
The United Technologies Corp. division that includes brands such as Carrier and Bryant will raise the amount it charges for residential and commercial HVAC equipment by as much as 5 percent, according to a company statement.