Berry Plastics prices IPO at low end of range
The Evansville-based packaging products maker raised $470 million by selling 29.4 million shares at $16 apiece.
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Local software developer plans to add 25 jobs
Connect Think LLC said it will add the jobs by 2016 and will invest $244,000 in equipment to continue its focus on mobile application development.
Cummins gets EPA approval for key engine
Cummins Inc. has received the Environmental Protection Agency’s blessing on a redesigned engine that will meet the first-ever set of federal standards for heavy-duty truck emissions.
Sale of signature game Phase 10 sent Fundex into ditch
The nightmare that culminated with the Plainfield-based company’s recent Chapter 11 bankruptcy filing began in the depths of the financial crisis, when the company’s lender yanked its more-than-$10-million line of credit.
U.S. Department of Commerce recognizes Indianapolis exporter
Hoosier Gasket Corp. received the Export Achievement Award for its recent success in Eastern Europe and China.
Judge dismisses whistleblower suit against Rolls-Royce
A former senior project engineer at Rolls-Royce’s Indianapolis plant accused the company of selling parts to the government that it knew did not meet contractual specifications.
Remy International getting prepared for another attempt at IPO
The Pendleton-based auto-parts manufacturer is offering 40,000 shares to employees and immediate family members to boost its number of stockholders before a broader public offering.
$1B fertilizer plant proposed for southwest Indiana
A $1 billion nitrogen fertilizer plant proposed for southern Indiana's Spencer County would create 1,200 construction jobs over three years and about 80 full-time jobs.
Whirlpool readies shutdown of 220-worker Evansville center
The company said it would try to relocate as many employees as possible to Michigan, though 30 percent are eligible for retirement in 2014.
iPhone 5 launch draws Apple fans worldwide
In a now familiar global ritual, Apple fans jammed shops from Sydney to Paris to pick up the tech juggernaut's latest iPhone. Analysts estimate Apple will ship as many as 10 million of the new iPhones by the end of September.
Startup aims to take business cards into digital age
Indianapolis entrepreneur Nick Carter thinks he’s found a way to eliminate the “black hole” of marketing data: smart business cards that track how recipients use them.
Sun King brewing another round of growth
After just three years in business, Sun King finds itself the second-largest brewer in Indiana, behind only Three Floyds Brewing Co. in Munster, which produces about 23,000 barrels and also is growing quickly.
City lands grant to study reuse of old automotive sites
Federal and local funds will be used in the effort to reposition manufacturing sites abandoned by GM, Ford, Chrysler and Navistar.
State’s largest private company on verge of IPO
Berry Plastics Group Inc., the largest private company in Indiana, may set terms for its initial public offering as soon as this week, said two people with knowledge of the matter.
ExactTarget’s stock price falls as insiders unload shares
The stock fell more than 7 percent Tuesday after company insiders shed more than 7.5 million shares of the Indianapolis-based marketing software firm. The selloff follows the expiration Monday of the company’s lock-up agreement.
Indiana auto-parts supplier set to add jobs
An auto-parts supplier in northeastern Indiana plans to expand its operations and create as many as 95 new jobs.
Chinese PC giant to buy Carmel software firm Stoneware
Lenovo Group said the purchase of the 67-employee company would "enhance and expand" its cloud computing business.
Tippecanoe Co. to put crime info at public’s fingertips
Crime activity and information on people taken to jail or being released will soon be available to the public through a new app being developed for the Tippecanoe County sheriff’s office.
Anderson City Council OKs $14M abatement for Nestle
The Swiss company hasn't decided where in the United States it will put a new production line. If it chooses Anderson, employment at the plant would increase from 660 to about 760.
MainGate, Lids score Super Bowl merchandise deals
A pair of Indianapolis-based companies recently scored the largest single-event deal in the world of U.S. sports licensing, unseating 24-year incumbent Facilities Merchandising Inc. to win lucrative deals at the 2013 Super Bowl in New Orleans.