Hurco president Fabris to resign
Indianapolis-based Hurco Companies Inc., a computer control and software maker, said Thursday that James D. Fabris will resign
as president and chief operating officer as of Oct. 31.
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Whirlpool agrees to maintain Evansville operations
Whirlpool Corp. has notified state officials that it will continue to operate its refrigeration product development center
in Evansville that employs nearly 300 people.
Pennsylvania city not giving up Harley without a fight
The motorcycle manufacturer is considering a Shelby County site at the same time that it’s pushing for concessions from the
union in York, Pa.
New technology sparks growth for plastics welder
Genesis Plastics Welding plans to double the size of its Fortville facilities to 50,000 square feet and add to its staff
of 49 people
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.
Fort Wayne worried Navistar may move truck center
Fort Wayne officials are concerned they won’t be able to persuade Navistar against moving its truck design center to suburban
Chicago.
Region’s expertise in hybrid cars goes beyond high-profile players
Bright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several
other players poised to be big players in the sector. In fact, few realize that North America’s largest producer
of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.
Hurco suffers quarterly loss as sales plummet
Indianapolis-based Hurco Cos. this morning reported another quarterly loss after sales dropped a staggering 64 percent. Hurco
lost $1.2 million, or 19 cents a share, in its fiscal third quarter ended July 31. The company had a profit of $5.8 million,
or 90 cents a share, during the same quarter last year.
Whirlpool to cut 1,100 jobs, close Indiana plant
Whirlpool Corp. said today that it will cut 1,100 jobs by closing a refrigerator factory in Evansville. The jobs will be eliminated
in mid-2010.
Cummins moving some operations to Mexico
A filtration division of Columbus-based Cummins Inc. will move a large portion of its North American assembly operations to
a plant in Mexico to keep the business competitive, the company said today.
Aircraft engine maker closing local plant
Aircraft engine maker Pratt & Whitney will close its plant on Kentucky Avenue within the next 18 months and gradually
let go all 100 of its employees.
Furniture maker trims losses in second quarter
West Lafayette furniture maker Chromcraft Revington Inc. narrowed its losses in the second quarter by shedding unprofitable
products, closing plants and reducing expenses, the company said yesterday.
UPDATE: Carbon Motors chooses Indiana
Carbon Motors this morning officially selected Connersville for its proposed headquarters and
manufacturing operations.
Carbon Motors has chosen Indiana, official says
A rally this morning in Connersville originally intended to help persuade a police car manufacturer
to locate a major factory there appears to be a celebration party.
Candle company cooks up products with a ‘green’ twist
After working in retail management for four years, Rich and Jodi Scheve decided to take business into their own hands—and
their own garage. Passing on business plans for Subway and South Bend Chocolate Co. franchises, the couple
skirted heavy franchise fees and started Twisted Wick Candle Co.
Anderson’s abundant water supply makes city well-suited for Nestle, other food processors
The city of Anderson soon will tap a new well to help accommodate demand from Nestle USA, which opened a Madison County plant
in May 2008 producing bottled, flavored Nesquik and liquid Coffee-mate, a water-based creamer. The
company already has launched an expansion slated for completion in 2011.
Manufacturers to help pay for TV, computer recycling
The Indiana Recycling Coalition scored big in the just-concluded session of the Indiana General Assembly with the passage
of House Bill 1589, which requires that electronics manufacturers help pay for recycling of their old televisions and computer
monitors.
Audiovox sees gains in antenna sales
The electronics accessories unit of Audiovox Corp. in Carmel is gaining from the rise in antenna sales ahead of the June 12
switch to all-digital TV broadcasting.
Analysts lower outlooks for Allison, say transmission maker vulnerable to default
Local manufacturing stalwart Allison Transmission will have to restructure its more than $4 billion in debt or further cut
expenses if it’s going to weather the recession.
Subaru plant ushered in new era
Indiana’s $86M incentive package to establish the Subaru plant in Lafayette was initially controversial.