Tesla luxury electric car seeking outpost at Fashion Mall
Tesla Motors Inc. is eyeing space in the Fashion Mall at Keystone and is seeking a zoning variance to sell cars there and to install charging stations within the parking garage.
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Asian automakers dominate in good month for car sales
Honda and Subaru led U.S. sales gains in August as auto demand beat projections and Asia-based carmakers, buoyed by Toyota Motor Corp., combined for their best month ever.
Ford recalls 370,000 cars
Potential corrosion to the cars' steering shafts might result in loss of control. No incidents or injuries have been reported.
Salesforce’s bet on ExactTarget starts to pay off
The $2.5 billion purchase of ExactTarget will add $140 million to $145 million in revenue this year for Salesforce.com, the firm said Thursday. Its shares soared 13 percent in Friday morning trading.
Local manufacturer to be acquired for $41 million
United Kingdom-based Meggitt PLC plans to acquire Piezotech LLC, a manufacturer founded in Indianapolis in 1967, for $41.2 million, the companies announced Wednesday.
Omnicity lured teen to invest, state says
State securities regulators allege that principals of Omnicity Corp. goaded a 19-year-old to invest $100,000 from his inheritance into the wireless broadband firm so that it could clinch the purchase of an Ohio carrier in 2010.
ExactTarget parent cutting 200 jobs worldwide due to merger
Salesforce.com confirmed Thursday that its recent buyout of Indy-based ExactTarget creates “synergy,” leading to layoffs. Effects on Indianapolis employment are to be “minimal.”
United plans direct flights between San Francisco, Indianapolis
The daily flights, which are expected to begin on Jan. 7, will fulfill a longtime wish of local tech firms eager for more direct access to the West Coast and Silicon Valley.
Subaru considers ways to fix its supply problem
Subaru, which employs about 3,600 people in Lafayette, is taking measured steps to expand its production capacity, but today it is worried about running out of cars.
Tech group to trumpet city’s digital marketing niche
The tech community is rallying around an initiative to brand Indianapolis as the “marketing technology capital of the world,” trading on the success of such firms as ExactTarget and Angie’s List.
‘Prototyper’ sees business gain fizz
TWeatherford Inc. was launched in 2006 as a reseller for additive manufacturing equipment, often called 3D printers or rapid prototypers. It has done well with the machinery sales and rentals, but has begun providing actual manufacturing services on a larger scale.
Central Indiana city yanks support from solar-panel maker
Columbus is shutting off some of its financial assistance to a solar panel manufacturer because the company hasn't hired enough workers.
Cummins plans to add 500 jobs for Nissan engine
Cummins said the 5-liter, V-8 turbo diesel will be built in Indiana at the company's historic plant in downtown Columbus, creating up to 500 jobs over the next several years. About 300 people currently work on the V-8 program.
Cummins to announce engine contract, more jobs
Columbus-based Cummins Inc. plans to announce Tuesday afternoon an agreement with Nissan Motor Co. to supply diesel engines for Titan pickup trucks.
iGoDigital founder sues to fend off dispute over $21M sale
Eric Tobias’ filing in federal court is intended to head off a potential challenge from a key contractor who believes he is owed more from the company’s sale to ExactTarget in 2012.
Chemical cleanup planned at old factory site
The trust created to revitalize and market former General Motors properties has set aside about $7 million to clean up a contaminated site in Kokomo where a factory stood from 1915 to 1993.
Spurned Indy continues to court manufacturing
Indianapolis is losing manufacturing jobs at a steady, some would say alarming, rate. And the Circle City is not alone, as many metro areas face serious challenges in retaining and attracting manufacturers.
Indiana exports hit record, but growth slows
Indiana exports rose to a record $34.4 billion in 2012 while growing at a rate exceeding the Midwest’s and the nation’s.
Fastenal vending machines serve up a revolution
Vending machines, warehouses bristling with technology slash costs.
Wheelchair lift company shifting work to northern Indiana
A company that converts minivans into wheelchair-accessible vehicles plans adding up to 70 jobs at its northern Indiana headquarters by shifting production from a Michigan factory.