Honda to build new Acura model in Indiana
Honda Motor Co. unveiled a trio of new vehicles Monday, including an entry-level car for the Acura brand that will be built in Greensburg.
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Ex-Peterbilt dealer hauls trailer manufacturer to court
A longtime Indianapolis-based Peterbilt dealer is suing California-based Utility Trailer Manufacturing Co. for allegedly blocking the sale of the dealership’s trailer sales arm.
Klipsch pushes up earnings for parent company
Klipsch Group parent company Voxx International Corp. said its earnings nearly doubled in its fiscal third quarter, thanks in part to the Indianapolis-based speaker maker it acquired last year.
IT upgrade for state dogged by delays
The state missed a Dec. 15 deadline to complete a complicated technology overhaul of its unemployment insurance system—the latest in a series of delays that have added years to the project and led to more than $18 million in cost overruns.
Great-grandson of LDI’s founder prepares to take reins
In a world that likes to see businesses grow by leaps and bounds, LDI Ltd. is a tortoise. The family-owned holding company typically hangs onto firms in its portfolio for 15 years or more. It might take more than two years to zero in on an acquisition target. And it’s putting its next CEO, J.A. Lacy, through a year-long apprenticeship.
Boone County officials ‘surprised’ by ASI closing
ASI Limited informed an estimated 250 employees by letter that the company was no longer profitable. The manufacturer’s high-profile projects include Lucas Oil Stadium and the JW Marriott hotel.
Columbia City company plans to add 106 jobs
Impact CNC, a production machining company, plans to add the jobs in northeastern Indiana as part of a $12.8 million expansion.
New venue will give startup crowd a place to socialize, share ideas
A group of angel investors, entrepreneurs and high-tech aficionados on Jan. 18 will launch the Speak Easy, a 5,750-square-foot space on the southern edge of Broad Ripple that will serve as a gathering place for those active in the startup community.
State supreme court upholds Indiana robocall law
The Indiana Supreme Court has upheld a state law restricting automated robocalls. In a 4-1 decision Thursday, the court held the state law that requires a live operator on the phone before a recorded message doesn't violate the right to free speech.
Battle between phone rivals spills into the courtroom
Brightpoint sues Miami rival Brightstar twice in one week over its hiring of two former executives of the local wireless-phone distributor.
Northern Indiana RV maker to add up to 250 jobs
The company plans to invest $3.9 million to buy land and construct a 93,000-square-foot facility adjacent to its existing 45-acre campus in the town of Topeka.
GM to idle Fort Wayne plant for nine weeks
General Motors Co., preparing to introduce new pickups in 2013, has scheduled 21 weeks without production at three U.S. full-size truck plants next year to update the factories for building the new models.
Auburn foundry plans $35 million expansion
Officials at Metal Technologies Auburn have asked the Auburn City Council to approve tax breaks for a planned expansion that would create more than 40 jobs.
Turkey processor to hire up to 600 for new Vincennes plant
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
Brightpoint suing former exec in trade secret dispute
The Indianapolis-based wireless distributor accuses Mitch Black, who left Brightpoint last year, of taking company trade secrets to a new job with a direct competitor. Brightstar Corp. also is named in the lawsuit.
Area firms pledge 365 jobs
Two Central Indiana firms will receive tax incentives for growing their operations by a combined 365 workers by 2015, Indiana economic development officials announced Wednesday.
Northern Indiana building products factory to close
Atlanta-based Georgia Gulf Corp. has told state officials it expects in March to shut down the Royal Building Products factory in the Kosciusko County town of Milford, costing 70 people their jobs.
Honda reworking Civic in plan to boost sales
Honda Motor Co. is sprucing up its Indiana-made Civic sedan, which received poor ratings, after less than a year on the market as part of a plan to boost U.S. sales by 24 percent in 2012 for its namesake brand.
Rolls-Royce employees begin move to downtown campus
Rolls-Royce Corp. began moving employees to its new downtown office building on Monday—a shift an IUPUI analyst projected could generate $510 million in annual economic activity.
Drugmaker eyes ex-Pfizer plant in western Indiana
Officials say an as-yet-unnamed drug company is looking to take over much of the former Pfizer Inc. complex near Terre Haute that had about 800 workers before it was shut down.