Chrysler, General Motors plants take divergent paths
In Kokomo, Chrysler plants rise with the resurgent automaker, while a GM plant across the highway hasn’t been so fortunate.
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Toyota model made in Indiana getting sleek overhaul
Toyota Motor Corp. is revamping the Highlander SUV, turning the car-based crossover into a more wagon-like model as the automaker seeks to keep its U.S. sales rising for a third consecutive year.
Calumet goes back to market with public offering
The Indianapolis-based petroleum refiner plans to use proceeds from the 5.3 million unit stock offering for working capital, acquisitions and possibly the redemption or repurchase of debt.
Rolls-Royce late with key part for F-35 fighter
Rolls-Royce Holdings Plc was an average of 160 days late last year in delivering equipment needed for the U.S. Marine Corps version of the F-35 fighter to hover and land like a helicopter, according to the Pentagon.
Software maker plans 400 hires, including 250 in Indianapolis
Interactive Intelligence says it needs more workers to handle increased business as it attracts larger clients and grows its sales related to cloud data storage and management.
Company taps sports market with bacteria-stalking chemical
Anderson-based Coeus Technology has invented a chemical that kills dangerous bacteria, including potentially deadly staph, by forming a germ-killing barrier that lasts two weeks to six months.
Hillenbrand CEO Camp to step down in September
Kenneth Camp helped transform Batesville-based Hillenbrand Inc. from a $650 million casket company serving North America to a $1.6 billion global diversified industrial company.
Chinese-owned factory in Lafayette adding jobs
Work on the aluminum-components plant began a couple years ago. It now has about 80 workers.
Hurco names new president
Gregory S. Volovic has been at the machine-tool manufacturer since 2005 and most recently served as executive vice president of technology, operations and North American sales and service.
Delta Faucet yet to bounce back from housing crash
Employment has held up at the company's Indianapolis headquarters. But the work force at its Greensburg factory has been decimated.
Ex-Marcadia executive co-founds software firm
A fixture in Indianapolis' startup community, Marcadia Biotech co-founder Kent Hawryluk is backing a project management software firm.
Online used-car marketplace expands into Cincinnati
MaxTradein, which allows dealers to bid on cars, adds former ChaCha executive to pursue roll-out to 30 markets.
Indiana tech startups deemed seeds of promise
There’s the company founded by a college kid, in his dorm room. Another firm was launched by a guru from the shadowy world of cyber security. And the other was founded by tech veterans old enough to remember IBM punch cards. Three Indiana tech companies have surfaced among standouts in the notes of judges for TechPoint’s annual Mira Awards—the Hoosier tech version of the Oscars.
Meat distributor plans plant, 80 jobs in Hancock County
Chicago-based Peer Foods Group Inc., a meat producer and distributor, said Wednesday that it plans to create 80 jobs by 2014 as part of a $5.5 million expansion into Hancock County.
Noblesville manufacturer plans move to Elwood, expansion
Warner Bodies Inc., a 74-year-old Noblesville manufacturer with 50 employees, expects to add about 150 workers after moving to Elwood.
Auto parts plant closing in northeastern Indiana
Michigan-based Ficosa North America Corp. has notified state officials that 137 employees will lose their jobs when the plant in Berne closes May 31.
Allison adds hybrid systems for broader array of trucks and buses
Production of propulsion system for medium- and heavy-duty vehicles will begin later this year.
Honda shuffling management at Greensburg plant
The changeup is part of a transition throughout Honda North America Inc.’s operations.
Congressman invites Italian gun maker to Indiana
U.S. Rep. Marlin Stutzman is encouraging Beretta to move its U.S. operations from Maryland, which is considering an assault weapons ban.
Hurco sees smaller profit on drop in sales
Machine-tool manufacturer Hurco Cos. Inc. saw earnings drop 51 percent in its latest fiscal quarter on falling revenue, the Indianapolis-based company announced Wednesday.