Honda’s U.S. plants to resume normal output
Honda Motor Co. said six plants in the U.S. and Canada will reach normal production levels on Dec. 1 after having to adjust output this month because of floods in Thailand.
Manufacturing
Articles
International Paper extending layoff of 87 workers
Employees at the company’s Sherwood Packaging plant in Indianapolis expected to return to work in January but now won’t return until “well into the second quarter.”
Allison reaches production milestone
Manufacturer churns out 5,000th system for hybrid buses, a transmission used round the world.
Cummins expanding R&D in South Carolina office
The manufacturer will invest $24 million over three years.
Engineer wants to bring 3D printing to masses
Doug Keenan, a 49-year-old electrical engineer and entrepreneur, is tackling something so cutting-edge that most of humanity doesn’t know it exists: 3D printing, or rapid prototyping.
Investors across city hit jackpot in Angie’s List IPO
The initial public offering price was $13, the high end of the range projected in regulatory filings. That price was more than quadruple the average price of $2.76 paid by prior investors.
ExactTarget files for $100M IPO
The Indianapolis-based e-mail marketing company is aiming to tap a hot IPO market. Sixteen firms have gone public this month, including locally based Angie’s List.
Struggling Ener1 receives $4.5M from investor
The parent of Indianapolis-based advanced-battery maker EnerDel received the financing to continue operating while the company evaluates its options to reorganize debt.
Study: State loses millions annually in online sales taxes
The report from the Indiana Fiscal Policy Institute says the state loses $40 million to $114 million every year in sales tax revenue from sales to online retailers such as Amazon.
Local software upstart sold after less than year in business
Indianapolis-based MyJibe LLC, an up-and-coming budgeting and personal finance software firm that was launched by two 20-something entrepreneurs last January, has already been acquired.
Packaging company plans to add 63 jobs in Lawrenceburg
Toronto-based IntraPac said it will move operations from New Jersey to the southeastern Indiana town and build an 80,000-square-foot plant that should open in February.
Advice to techies: Focus like a laser
Focus on what you do best and get to know your partners’ strengths and weaknesses, Kevin Bailey, a co-founder of Slingshot SEO, told attendees of the TechPoint summit this month.
Not-for-profit manufacturer partners with disabled Marine
Crossroads Industrial Services will team up with a service-disabled veteran to win new business from defense contractors.
Military contractor cutting 200 jobs in Fort Wayne
Military contractor ITT Exelis is cutting about 200 jobs from its operations in Fort Wayne. The move comes as the company is winding down work on a multiyear contract to make sophisticated radios for use by combat troops.
Indiana legislative panel endorses test of iPads
An Indiana legislative panel endorsed a pilot program Monday that would equip two General Assembly committees with iPads in the upcoming session as part of a push to cut the amount of paper used to print copies of bills for lawmakers.
Beer-dispenser maker looks to move production to city
Washington-based GrinOn Industries LLC is seeking property-tax abatements for creating 40 jobs and investing $2.5 million to equip a facility on Indianapolis’ northwest side.
Survey say Indiana manufacturers see improvements
Most of Indiana's small- to medium-size manufacturers have weathered the recession and are expecting modest growth through 2015, a survey released Thursday found.
Allison Transmission profits surge on global sales
The manufacturer was more profitable in the first nine months of this year than all of last year.
Social media hot topic at TechPoint summit
Zuckerberg’s sister gives tips for exploiting Facebook as a marketing tool.
Rise of pouch packaging to lift new Lebanon plant
Toronto-based Skjodt-Barrett Contract Packaging opened its first U.S. plant in Lebanon to meet demand from major consumer brands for baby food and fruit snacks in flexible pouches.