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.
Manufacturing
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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.
Allison Transmission struggling to rev up investors
After the stock in the manufacturer of commercial transmissions bottomed at $15.82 in June, some investors began sniffing a bargain.
Hoosier Momma growing sales, ambitions
Seller of Bloody Mary mix adds new concoctions, broadens distribution to seven states.
Allison, two others partner on new transmissions
Allison Transmission Inc. has entered a partnership with two other companies to produce high-efficiency NuVinci CVP transmissions.
Rushville manufacturer to add up to 45 jobs in $26M expansion
Intat, a subsidiary of Japan-based Aisin Takaoka Co. Ltd., makes metal casting pieces for use in auto manufacturing. It employs about 230 people in Rushville, about 40 miles southeast of Indianapolis.
Auto parts manufacturer plans plant, 47 jobs in Shelbyville
Faeza Alloyers USA, a metal alloys manufacturer and fabricator, said it will invest nearly $7.6 million to construct and equip a 36,000-square-foot facility in Shelbyville, its first in the United States for the Mexico-based company.
Food-equipment maker closing state plant with 235 workers
Manitowoc Foodservice said it will eliminate 235 jobs with a Fort Wayne plant closure slated for April 30. The company gave no reason for its decision.
Food manufacturer plans $28.5M project, 400 jobs in Indiana
An Ohio-based food manufacturer announced Monday morning that it plans to spend $28.5 million to expand a vacant food plant in eastern Indiana, creating up to 400 jobs by 2016. The plant was formerly used by Really Cool Foods.
Eli Lilly aims to ramp up social media presence
The drugmaker recently drafted social media guidelines it hopes can help it expand its use of social media to more of its employees—without running afoul of regulators.