Herff Jones sells photography division
Indianapolis-based class ring and yearbook maker Herff Jones will sell its photography division to Lifetouch Inc., the company announced Monday.
Manufacturing
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Toyota in Indiana to work through production slowdowns
Toyota Motor Corp. announced Friday that its Indiana plant in Princeton will operate on a reduced production schedule in the coming weeks, but employees will not lose work because of it.
ALTOM: Maybe laptops should come with safety warnings
My laptop has been my willing companion when putting numbers through the centrifuge or springboarding me out into cyberspace.
Wishard gives IT firms in health and life sciences a place to test products
TechPoint-led initiative is meant to help bring inventions to market by giving them a trial in real-world setting.
Cummins spurs launch of mechanical engineering program
This fall, Indiana University-Purdue University at Columbus will roll out its first four-year mechanical engineering program.
Six faces behind Indianapolis business Twitter handles
Meet the people who tweet for Indianapolis Symphony Orchestra, AAA, Butler University and other local businesses.
Cummins Inc. plans to add 2,500 new jobs in U.S.
The Columbus-based engine manufacturer says it is hiring across the board to meet strong demand worldwide and in anticipation of an economic recovery.
Tax breaks for Rolls-Royce hinge on investment, not jobs
City officials’ fear that Rolls-Royce Corp. might pull thousands of jobs out of Indianapolis drove the negotiations that culminated last month with the company’s committing to move 2,500 of its local office employees to the south side of downtown.
Ener1 picks CEO for Indianapolis-based battery unit
Christopher Cowger joins Ener1 from California-based Advanced Micro Devices, where he was corporate vice president and general manager.
Trucking industry upswing may draw investors to Allison IPO
Allison Transmission is not a household name like Google or General Motors, but it won’t lack an audience for its planned $750 million initial public offering.
Call center orders boost Interactive Intelligence shares
Shares of the call center software firm Interactive Intelligence have nearly tripled, to around $38 from a 52-week low of $14, last August, thanks to a string of larger orders, and to its anticipation of the rise of “communications as a service,” or CaaS.
CEO says transformation prepped Remy International for IPO
Remy’s transformation since 2007, when a $700 million debt load propelled it into bankruptcy court, could be fodder for business-school case studies of the 21st century.
Second whistleblower joins suit against Rolls-Royce
A second person has joined a lawsuit alleging Rolls-Royce Corp. concealed repeated defects at an Indianapolis aircraft engine plant and fired workers for reporting problems.
Indiana manufacturing sector clawing its way back
Factories are adding jobs, but returning to pre-recession levels will be a long slog.
Manufacturer crosses over from auto parts to caskets
Gestamp Automocion makes metal components for the auto industry, employing 18,000 people worldwide. Now it is branching into the staid niche of casket manufacturing.
Indiana Subaru plant slowing output due to shortage
Subaru of America is slowing production at its Lafayette plant because of a temporary auto parts shortage caused by Japan's devastating earthquake and tsunami.
Remy International files plans for public offering
Pendleton-based manufacturer Remy International Inc., the former General Motors Co. unit that exited bankruptcy in 2007, has filed plans to raise up to $100 million through an initial public stock offering.
As Japan shutdowns drag on, auto crisis worsens
In the weeks ahead, car buyers will have difficulty finding the model they want in certain colors, thousands of auto plant workers will likely be told to stay home, and companies such as Toyota, Honda and others will lose billions of dollars in revenue.
Sluggish demand for electric car forces layoffs at Ener1
Battery maker Ener1 has laid off about 3 percent of its 770 employees worldwide, partly because of lower-than-expected demand from the Think electric car being assembled in Elkhart. It had about 380 workers in central Indiana.
Cummins’ early start revs growth in China
Columbus-based engine maker Cummins Inc. has been building business in China for 30 years, long before many U.S. companies had even begun formulating a China strategy.Cummins now employs 8,000 people in China and racked up 2010 sales of $3.1 billion.