Union: Indiana tech jobs at Cummins expected safe
A union president says no layoffs are planned among the research, technical and support employees at Indiana operations as engine maker Cummins Inc. makes cutbacks.
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Hillenbrand paying $530M for German company
The Batesville-based conglomerate best known for making caskets is making its biggest move yet to diversify away from the funeral care business.
ExactTarget aims to be one-stop shop with acquisitions
Indianapolis-based ExactTarget Inc., which grew up as an e-mail blasting company focused on consumers, is trying to entrench itself as a one-stop shop for smartly interacting with all manner of customers.
ExactTarget buys interactive marketing firms for $116M
The newly public tech company said it paid $95.5 million for Atlanta-based Pardot LLC and $21 million for Indianapolis-based iGoDigital.
Honda hopes 2013 Civic restores model’s luster
The next model of the Honda Civic, due out by year-end, may need hefty changes to silence critics and ensure the company’s 2,000-employee Greensburg factory has strong demand for its signature vehicle for years to come.
IU’s tech chief using university’s clout to save millions on software
Universities are the hubs of the world’s knowledge economy, but they typically aren’t the smartest business operators in the world. Brad Wheeler, chief information officer at Indiana University in Bloomington, is working to change that.
Rolls-Royce opens Indy service center
The aviation supplier’s first defense operations center in the United States is at its Meridian Street complex downtown.
Toyota supplier plans 116 jobs in Hancock County
Japan-based Tsuda Industries Co. Ltd. plans to spend $56.2 million to build a facility at Mount Comfort Air Park East, which should create 116 jobs by 2016, the company said Thursday.
Union leader expects Cummins cutbacks in Indiana
Diesel Workers Union president Terry Axsom tells The Republic of Columbus that the union's 1,500 workers at southern Indiana factories will be affected but he doesn't know the extent yet.
Huge window switch recall hampers Toyota comeback
The company recalled 7.43 million cars, trucks and SUVs worldwide to fix faulty power window switches that can cause fires.
Banks eager to loan, but small firms hold back
Indiana banks can tout more success in small-business lending since the recession ended, but the success is hard-won because the masses of entrepreneurs remain cautious about borrowing.
Energy drink maker plans $25M Wabash expansion
Living Essentials, the producer of 5-hour Energy, announced Wednesday it would build and equip a plant in Wabash that could employ up to 200 people.
Cummins shares slide on job cuts, lower forecast
Shares in Cummins Inc. saw their biggest one-day drop in three months Wednesday after the Columbus-based engine maker lowered its forecasts for revenue and profit and said it expects to cut as many as 1,500 jobs by the end of the year.
City robotics center aims to spark interest in STEM careers
TechPoint Foundation for Youth is seeking a site and support for a new program intended to get students interested in careers involving science, technology, engineering and math.
Cummins to cut as many as 1,500 jobs; Indiana impact unclear
Responding to a sputtering global economy, Columbus-based Cummins Inc. said late Tuesday afternoon that it expects to cut 1,000 to 1,500 jobs by the end of 2012. The diesel engine manufacturer also cut its forecast for full-year revenue to about $17 billion from $18 billion.
Members sue consumer ratings site Angie’s List over fees
A federal lawsuit seeking class-action status alleges that Angie’s List automatically renews members' subscriptions at a higher rate than they’re led to believe, under what it calls a “systematic and repeated breach of its membership agreement.”
Local furniture maker acquires northern Indiana company
Facility Concepts Inc.’s purchase of Classico Seating in Peru, Ind., gives the manufacturer of restaurant furniture about 100 employees and 250,000 square feet of manufacturing space.
Chrysler drives off with $2.5M refund from Duke Energy
The automaker had claimed in a complaint to the state that Duke acted in "draconian" fashion by holding onto the seven-figure deposit for service at its Kokomo plant since 2009.
Cummins shortens work week at Columbus factory
The engine maker says that slowing demand led to the decision to scale back hours for the 350 workers at its Columbus Fuel Systems Plant. The new four-day workweek will continue indefinitely.
Hostess to cut wages for Indiana bakers in labor deal
Hostess Brands Inc., the maker of Twinkies and Wonderbread, has received the go-ahead from a U.S. bankruptcy court judge to lower wages for thousands of bakery workers, affecting more than 400 employees in Indiana.