ExactTarget’s role expands at new parent firm
ExactTarget CEO Scott Dorsey and his team have taken the reins of the Marketing Cloud unit at Salesforce.com, a move that has analysts raving.
Manufacturing
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Three cities seek grant to boost manufacturing
Three central Indiana cities that once had thousands of auto workers have joined together in seeking a $20 million federal grant to help attract new businesses to their empty factories.
Firm plans $16 million revival of Kokomo plant
A maker of porcelain products plans to invest $16 million to purchase, renovate and equip a vacant pottery production plant in Kokomo and create as many as 140 jobs by 2014.
ExactTarget lauded for Facebook software
The Indianapolis-based digital marketer developed a program called Active Audiences, which lets companies better tailor advertisements to individual customers as they scroll around the social network.
After stock zooms up, Internet bank aims higher
Shares of First Internet Bancorp have more than doubled since December, when founder and CEO David Becker boosted the visibility of the stock by announcing it was shifting from the over-the-counter market to NASDAQ.
CIK Enterprises changes name, plans more growth
The Indianapolis-based marketing technology firm now calls itself Perq LLC after consolidating its three companies into one.
Honda marking fifth anniversary of Greensburg plant
The company's Greensburg facility turned out its first Honda Civic sedans on Oct. 9, 2008, with about 1,000 workers at the plant. Honda officials say the factory now has more than 2,000 employees.
Auto parts maker shifting work from Michigan to Indiana
Quebec-based Exo-s US says it will spend nearly $7 million on the factory in the LaGrange County town of Howe. It expects to open the factory next year and hire up to 250 workers by 2016.
Lilly scientists stole $55 million in trade secrets, indictment alleges
Three former employees of Eli Lilly and Co. allegedly transferred trade secrets that Lilly values at more than $55 million to a competing Chinese drug company, according to an indictment unsealed Tuesday in federal court.
Two manufacturers target Indiana city for expansion
The Indiana Economic Development Corp. announced two economic development deals Tuesday morning that will bring more than 200 jobs to Whitley County in northern Indiana.
Donor-management software startup plans to add 70 jobs
Bloomerang is led by technology entrepreneur Jay Love, who sold the donor-management firm eTapestry for $25 million in 2007.
KAR Auction Services riding the wave of auto recovery
Early investors in KAR Auction Services are looking savvy. Since November 2012, KAR shares have marched steadily higher, rising from $12.25 to nearly $29.
Digital archivist’s lab will document Indy’s mayoral history
History IT plans to hire 20 people for its Indianapolis office, which will focus on documenting Indianapolis' mayoral history.
IU lands $6M contract to manage data network
IU’s Global Research Network Operations Center now handles N-Wave, a nationwide computer network used for transporting research data.
Furniture maker Chromcraft Revington to sell for $3.45M
Denver-based Sport-Haley would pay $2.7 million when the deal closes. It would pay another $750,000 when Chromcraft's plant in Delphi is sold or mortgaged, or 180 days after the merger is complete, whichever is earlier.
Data startup snags $2.1 million venture investment
Perceivant, on the receiving end of a venture capital infusion, was founded in 2012 by veterans of iGoDigital and ExactTarget.
Auto parts supplier expanding Indiana factory
Heartland Automotive plans to spend $38 million on a factory expansion that could add up to 220 jobs in the next two years.
GE workers protest Bloomington factory job cuts
Workers say the company isn’t following through on an investment announced three years ago.
Eco-friendly lighting firm gains wattage after recession
Eco Lighting Solutions in Fishers designs and sells induction lighting, which costs less to install than LED and requires less energy than fluorescent. Induction lights work a lot like cheaper fluorescent ones, but don’t burn out as quickly.
Old-line manufacturer poised to close for good
A manufacturer that has roots in Indianapolis dating to 1924 plans to permanently cease operations in late November unless it can find a buyer for the business.