BrightPoint to be acquired for $840M by California firm
Indianapolis-based BrightPoint Inc. has agreed to be acquired by California-based Ingram Micro Inc. for about $840 million, the two companies said early Monday morning.
Manufacturing
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Abound failure raises questions anew about Obama policies
The failure of a second solar manufacturer that received loan guarantees from the U.S. Energy Department adds to pressure on President Barack Obama to justify incentives for the clean-energy industry that’s being undercut by Chinese competition.
Co-working spaces multiply, giving independent workers options
Co-working sites—shared office spaces designed to give entrepreneurs, free-lancers and consultants the tools they need to get the job done as well as the chance to interact with other professionals, sans cubicle—are gaining popularity nationally and, finally, in Indianapolis.
Abound Solar set to close doors, file for bankruptcy
Abound Solar Inc., a Colorado-based solar manufacturer that once hoped to hire 1,200 people in Indiana by the end of 2013, will close its doors and file for bankruptcy.
Indianapolis area needs more black engineers, architects
Among major occupational groups, only farming has a smaller share of African-Americans, government figures show.
Acid spill contained at local chemical company
Fire department officials say up to 1,000 gallons of sulfuric acid leaked from a storage tank at a chemical business near downtown Indianapolis.
Anderson’s former GM plants getting second look
Anderson officials said they are excited that companies have been showing interest in some of the industrial or commercial properties left by General Motors that need or are undergoing environmental cleanups.
Haynes plans $23.5M expansion, 40 more jobs in Kokomo
Kokomo-based Haynes International Inc. plans a $23.5 million project to increase production at a central Indiana factory where it makes specialty metal plates and sheets for the aerospace and other industries.
Jobs go unfilled because workers lack needed skills
A survey of 1,123 manufacturing executives released last year found that 67 percent of companies had a moderate to severe shortage of available, qualified workers. The report estimated 600,000 jobs nationwide were going unfilled because of a lack of qualified candidates.
Medical startup plans 71 jobs, seeks incentives
The city of Indianapolis granted preliminary approval for an eight-year tax abatement to Arcamed Inc., which plans to purchase $1.4 million in equipment to design and manufacture titanium and case-tray systems for surgical instruments.
Baby food maker adding 150 jobs in Lebanon
Skjodt-Barrett Contract Packaging said it plans to add the jobs by the end of September, about a year earlier than expected, due to increased demand for its products. The company has 100 employees.
Sprayer maker plans Mooresville expansion
Mooresville-based Equipment Technologies, which makes self-propelled sprayers for agriculture, says it plans to hire 56 new people by 2015 as part of an expansion.
State manufacturing heading for slowdown, expert says
An economist at Ball State University warned of another recession at Conexus Indiana's annual state of manufacturing and logistics report Tuesday morning. Both sectors, however, contribute strongly to the state's economy and earned "A" grades in the latest report.
Herff Jones closing yearbook plant with 130 workers
Herff Jones Inc. of Indianapolis has decided to close a yearbook manufacturing plant that employs 130 people in Matthews, N.C., by the end of the year.
Richmond eyes ex-auto supplier site for tech park
Officials will be seeking approval from the eastern Indiana city's Redevelopment Commission to use money from a $5 million state technology park grant to buy 14 acres and two buildings that once belonged to Dana Corp.
Indianapolis firm launching dream-sharing app
Remember.com’s free Dreamt It app will be followed by a paid version with additional features.
Compendium moving its business beyond blogging software
Compendium Software says there’s money to be made in creating a place where marketing content can be centralized and repurposed and sent out via e-mail newsletters, social media channels and—of course—blogs.
Red Gold benefits from consumers’ thrifty ways
Since the recession hit, consumers looking to save a few bucks have embraced canned produce—a trend that has kept Madison County tomato processor Red Gold in the black.
Mishawaka factory retools for new wheelchair car model
The AM General factory in northwest Indiana started building the MV-1 car last year for the Vehicle Production Group.
Web domain requests include .Cialis, .Walmart
Indianapolis-based Eli Lilly and Co. and other corporate heavyweights are applying for Web suffixes including .cialis, .walmart and .jpmorgan under a program to expand the number of Internet domain names beyond .com.