Slinky maker hoping to purchase bankrupt Fundex
Plainfield-based Fundex Games Ltd., which filed for bankruptcy protection in September, said Poof-Slinky Inc. is the only potential purchaser that has shown interest in acquiring the company’s assets.
Manufacturing
Articles
Manufacturer of pet supplies adding 80 jobs in Indiana
Rockville-based Scott Pet Products Inc. announced Tuesday morning that it plans to relocate its manufacturing and distribution operations in Tishomingo, Okla., to Newport in western Indiana, creating up to 80 jobs by 2014.
Elkhart auto parts plant closes, idling 125
A northern Indiana auto parts plant that had been slated to close in early 2013 has shuttered its doors weeks ahead of schedule.
Auto parts supplier expanding Indiana operations
Tenneco Inc. plans on spending $18.5 million to expand its northeastern Indiana operations after winning a contract to supply emission-control parts to Chrysler. The manufacturer said it will hire an additional 100 workers.
Honda gets a makeover, revamps Civic to fix flaws
Just 19 months after its Civic compact, which is manufactured in Greensburg, hit showrooms and was slammed by critics, Honda has revamped the car, giving it a sportier look and upgrading the interior.
BrightPoint buyer Ingram Micro mulls cost-cutting
A top BrightPoint Inc. executive expects little employment change for the distribution and logistics company’s 1,100-person central Indiana work force, despite the potential for job cuts and facility closings across the country.
Data center N/Frame spending more on Carmel upgrade
The company that hosts outsourced computer operations is dramatically boosting its investment in its local operation.
Allison Transmission workers approve labor contracts
More than 1,500 hourly workers in Indianapolis ratified new five-year contracts, the automotive supplier announced Thursday.
CONOVER: Manufacturing still drives Indiana’s economy
It’s no secret that Indiana’s factory workers took more lumps during the Great Recession than workers in other sectors, with nearly 120,000 losing their jobs. Indeed, from the state’s manufacturing employment peak at the start of the century, our factories had shed a quarter million jobs by the recession’s end.
Indiana manufacturers struggling with fuel economy standards
Automakers and suppliers are pumping more money into research and development at a time many of their sales departments struggle with a slowing global economy.
Insurance software firm cutting 23 local jobs
Washington-based Vertafore Inc., a developer of insurance software, said it will begin layoffs at its Indianapolis office Jan. 31.
Iron ore processor plans $350M Indiana project
A Minnesota-based mining company plans to spend as much as $350 million to build a iron ore pellet plant in Indiana, creating up to 100 jobs by 2015, the company announced Tuesday morning.
IU researchers help address software security issues
Researchers from Indiana University's Pervasive Technology Institute will serve as collaborating partners on a major grant from the U.S. Department of Homeland Security to address vulnerabilities arising during the process of software development.
TriMas to lay off about 450 workers, close plant
Manufacturer TriMas Corp. plans to shut its Goshen plant and lay off all 450 workers there.
Judge OKs plan to close Hostess, sell brands
Twinkies, Ho Hos and Wonder Bread are up for sale now that a bankruptcy judge cleared the way for Hostess Brands Inc. to fire its 18,500 workers and wind down its operations.
Glass factory’s safety under state’s lens yet again
Union leaders say working conditions are improving at the Pilkington glass factory in Shelbyville, but an employee’s injury in October has led to another visit from state safety officials and possibly more fines.
Hostess, union unsuccessful in court-ordered mediation
The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union. As a result, Hostess plans to continue with a hearing on Wednesday in which a bankruptcy court judge will decide if the company can close its operations.
Hope for Hostess? Judge pushes sides into mediation
Hostess Brands Inc. will hold talks with its bakery workers’ union on Tuesday to explore the reasons for a strike that the maker of Twinkies and Wonder bread said will force it to liquidate.
Twinkies likely to survive sale of Hostess
Other companies are interested in bidding for at least pieces of Hostess because of the high brand recognition and $2.5 billion in annual revenue. Twinkies alone have brought in $68 million in revenue so far this year.
Allison Transmission, union reach tentative agreement
Members of United Auto Workers Local 933 must vote in favor of the five-year collective bargaining agreements before they would go into effect.