Whirlpool agrees to pay state $800,000 for job losses
Appliance maker Whirlpool Corp. has agreed to pay Indiana $800,000 after failing to maintain employment levels called for in an economic development incentives agreement.
Appliance maker Whirlpool Corp. has agreed to pay Indiana $800,000 after failing to maintain employment levels called for in an economic development incentives agreement.
High-tech firms have been clamoring for a couple of decades for nonstop flights between Indianapolis International Airport and California’s Silicon Valley. One of Indiana’s tech icons made it clear recently that the need is as urgent as ever.
The idea is to send middle and high school students the message that there are plenty of jobs in engineering.
The spectacular flameouts of some startup firms underscores the risk of relying on infusions of federal money to keep a business viable.
Two startup firms, Cause.It LLC and Trensy LLC, have created tools that link charitable behavior and consumption. Like the hit app Foursquare, the newcomers encourage users to “check in” when they show up at events or complete activities so they can earn rewards offered by local businesses.
Factories laid off droves of workers during the recession but now struggle to find tech-savvy employees during the recovery.
Westfield-based safety company IMMI said it plans to hire more than 65 full-time workers and 50 temporary employees to keep up with demand for lap and shoulder belts for school buses.
Shares of Indiana-based Wabash National Corp. jumped Tuesday after the maker of truck trailers said it would diversify its business by purchasing liquid-transportation company Walker Group Holdings LLC for $360 million.
Indiana logistics firms and their manufacturing clients could gain new export opportunities to China if the country follows through on plans to reduce taxes on imported goods.
A hiring boom at engine maker Cummins and the economic recovery are leaving many people in search of apartments out in the cold in Columbus.
Evansville-based Berry Plastics Group Inc., a container maker owned by funds affiliated with Apollo Global Management LLC, on Friday filed to sell up to $500 million of stock in an initial public offering.
Busche Enterprise Division Inc. said it will spend about $17 million to buy, expand and equip a factory near its headquarters in the Noble County town of Albion, adding up to 120 workers by 2015.
N.K. Hurst Co. Inc. sells roughly 20 million packages of dried beans and bean soup mixes a year, from the West McCarty Street packaging plant it has operated since 1938. It has only about 50 employees, but its products are ubiquitous in the grocery industry.
A central Indiana county is pulling back its financial support for a pair of green-energy companies who so far haven't delivered on plans for factories with hundreds of workers.
Mansfield-King LLC is asking the city for property tax abatements as part of its efforts to create the jobs by 2016 through a $3 million expansion. The company currently has 45 employees.
Lawsuit alleges two of six partners in Qtego seized control and locked them out of the northwest-side firm, which developments telecommunications technology.
Indianapolis attorneys say numerous local private firms are on the IPO sidelines, mulling whether to try to capitalize on the strengthening economy and improving investor appetite for new issues.
Allison Transmission Holdings Inc. shares rose 1.7 percent in their trading debut Thursday after the Indianapolis-based manufacturer raised more than sought in its initial public offering.
About 3,200 visitors are in the city as part of the International Sleep Products Association’s biennial event, which showcases the latest technology in mattress manufacturing.