Herff Jones completes Varsity Brands acquisition
The Indianapolis-based class ring and yearbook maker has completed its acquisition of Memphis-based Varsity Brands, which manufactures and distributes apparel for cheerleading and dance activities.
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Northeastern Indiana auto parts maker laying off 175
Ficosa North America will sideline workers beginning in September as the company consolidates mirror production and prepares the plant to make other products.
Chinese firm aims to hire thousands at Indiana facility
A Chinese entrepreneur intends to open his first U.S. tire-recycling facility in Indiana. Good Time Technology Development is considering vacant industrial sites in Connersville, Kokomo and Muncie.
Proliferation of smartphones fuels big jump in Brightpoint profit
Second-quarter revenue was $1.23 billion, well ahead of the consensus estimate of $1.09 billion and 57 percent ahead of the same quarter a year earlier.
Tech startup Tinderbox picks up more funding, industry veteran
A former executive vice president at Indianapolis-based e-mail marketing firm Exact Target will lead the firm’s effort to sell to bigger companies.
Work starting on $8.8M center at Crane tech park
Gov. Mitch Daniels joined local officials for a groundbreaking ceremony Wednesday for the $8.8 million center for the WestGate at Crane Technology Park. The 64,000 square-foot, two-story building will include training classrooms and office space.
Cummins profit soars on increased sales
Cummins Inc.'s second-quarter profit more than doubled on a steep increase in sales and a gain on the sale of its exhaust business, the Columbus, Ind.-based engine maker said Tuesday.
Interactive Intelligence revenue, profit rises
The Indianapolis business-communications software firm reported second-quarter revenue of $52 million, up 34 percent from the same period last year. Profit grew 26 percent, to $6.3 million.
Manufacturer plans 400 jobs in Allen County
Iowa-based R3 Composites Corp. plans to establish a manufacturing center in the northeast Indiana town of Grabill, creating as many as 400 jobs by 2014.
Indiana electric car company gets new owner
Think North America, a company that has been making electric cars at a northern Indiana factory, has a new owner, giving local officials more confidence in its future.
Tech consultant Allegient plans expansion, 42 jobs
Carmel-based IT consultant Allegient LLC plans to grow its central Indiana operations, adding as many as 42 jobs over the next five years.
IU Health name change means business for tech firms
Clarian Health’s recent rebranding to Indiana University Health has been good business for at least three companies in Indianapolis’ so-called measured-marketing sector. Such firms help a company overhaul its website and make changes to the “tweetosphere” and other social media channels.
Homegrown firm creates stir with Bloody Mary mix
Hoosier Momma Bloody Mary mix started 18 months ago and already is a profitable entity available in 350 locations and six states. This month, Hoosier Momma expanded into Kentucky, thanks to a deal with national distribution giant Southern Wine and Spirits.
Word getting out nationally about city’s measured-marketing technology niche
The publication Online Media Marketing & Advertising noted that Indianapolis is home to about 70 companies in the sector.
Navistar cutting 200 contractor jobs in Fort Wayne
Navistar International Corp. is laying off some 200 contract workers from its Fort Wayne operations as part of its consolidation to a new headquarters in suburban Chicago.
Logistics firm adding 191 jobs in Greensburg
Auto parts supplier One Solution Logistics of Indiana Inc. will expand its operations in Greensburg, creating as many as 191 jobs as the Honda Motor Co. plant there adds a second shift, state economic development officials announced Friday.
ALTOM: Podcasts still have a place in cyberspace
A few years ago, podcasts were all the rage on the Web. It seemed like every site had a podcast, and often more than one. Podcasts threatened to replace e-mailed newsletters.
Big-box connection helps duo fight microbes
An Anderson-based company plans to take on popular disinfectants like Lysol with a mold-preventive product that its two founders have already convinced national home-improvement chain Home Depot to sell.
Carrier counts on new environmental regulations to drive sales
Carrier Corp.’s plan to invest $36.5 million in its Indianapolis plant hinges in part on how well consumers take to a new platform of high-efficiency furnaces.
Cummins CEO Solso retiring at end of year
Cummins Inc. says Tim Solso will retire as chairman and CEO at the end of the year. The 64-year-old Solso has led Cummins since 2000.