Stanley Black & Decker keys in on overseas security market
The Connecticut-based company on Monday agreed to buy Sweden’s Niscayah Group AB for $1.2 billion—its biggest deal since Stanley Works’ $4.4 billion purchase of Black & Decker Corp.
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Future uncertain for occupant of Marion factory
The TriEnda facility opened in late 2008 in part of Marion's closed 1 million-square-foot Thomson television picture tube plant.
Elkhart mayor worried about car plant’s future
The bankruptcy filing of an electric car manufacturer has clouded the future of a northern Indiana factory that was touted as an economic boost for an area hit hard by job losses in the recreational vehicle industry.
Crystal products maker plans expansion, 41 jobs
St. Regis USA Inc., a manufacturer of hand-etched and hand-painted glass and crystal products, plans to expand its operations in Indianapolis, creating up to 41 new jobs by 2014, the company said Thursday.
Custom work helps tiny sign shop land big clients
ACS Sign Solutions is a small Hoosier company with a far reach, landing recent deals to create signs for The New York Times offices and Avon Cosmetics’ corporate headquarters in Manhattan.
Solar power company moving headquarters to Portage
Fronius USA will relocate to Portage, where it plans to lease 400,000 square feet of manufacturing space and create up to 512 jobs by 2016.
Berry Plastics adding 120 jobs in Evansville
Berry Plastics Corp. plans to add 120 office jobs at its Evansville headquarters as it consolidates operations there.
Electric car company filing for bankruptcy
Think Global, which has a factory in Elkhart and uses batteries made in the Indianapolis area, plans to liquidate its assets, according to supplier Ener1 Inc. Ener1 expects to lose $32 million in the process.
Red Gold moving headquarters to Elwood
The Orestes-based company—the nation’s second-largest tomato canner—on Tuesday announced plans to invest $3.5 million to convert a former Elwood elementary school into a new corporate headquarters.
Congressmen back Carbon Motors’ loan request
Most of Indiana's congressional delegation is supporting an Indiana company's request for a federal loan they say would help create perhaps 1,500 jobs building high-tech police vehicles in Connersville.
Container maker Arrow to expand, add 65 jobs
Corrugated container manufacturer Arrow Container LLC plans to expand operations at its Indianapolis headquarters, more than doubling its staff over the next four years.
Anderson firm to sell antimicrobial product in big box stores
Coeus Technologies has begun selling its Ultra7 product through HomeDepot.com.
ALTOM: Don’t sweat the cancer risk of cell phones
The evidence strongly shows that, for the business user, cell phones are the least of our worries, unless we’re in the habit of answering them in dense traffic.
Merger of cell phone titans takes glow off Brightpoint
Some analysts say investors overreacted to the risk Brightpoint would lose T-Mobile as a customer. Merriman Capital's Scott Searle estimates the earnings impact from losing that client would be “dramatically less than investors originally feared” and “is more than adequately reflected in the stock price.”
State’s private companies performed unevenly last year
Fewer than half generated revenue increases.
Indiana public companies had banner year
Corporations staged advances across a variety of industries in 2010 as the economy improved.
2010 was great for Indiana’s 100 largest companies
Despite enjoying rising revenues and profits, companies haven’t followed with big increases in job numbers.
Rolls-Royce lands more military work
Rolls-Royce Corp. this week was awarded a $34.2 million modification to an engine maintenance contract from the Department of Defense’s Naval Air Systems Command.
3 years after floods, worries, waiting continue
Indiana communities devastated by flooding three years ago are taking steps to prevent catastrophic recurrences, but many worry that the measures aren’t enough.
Cummins plans expansion, 600 jobs for Columbus
Cummins Inc. announced Friday that it plans to add 600 employees to work in a new $18 million office building the diesel engine maker will build in downtown Columbus.