Articles

Partnership aims to help Midwest manufacturers

The Obama administration is creating a $4.5 million partnership between the private sector and government to help Midwest manufacturers access high-tech computing to speed up design cycles for future products.

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Hulman board overhaul may signal strategy shift, even IPO

The Feb. 17 announcement that Terre Haute-based Hulman & Co. was expanding its board of directors from four to eight members could simply mean the company is looking for guidance from a broadened brain trust, or it could be a signal the company is at a significant crossroads.

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City seeks replacement for GM plant

Indianapolis will spend $115,000 on a study to explore redevelopment opportunities for the 102-acre GM Stamping Plant property west of downtown that will close this summer.

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Casket maker plans $16.5M investment, 300 jobs

Indianapolis-based Genesis Casket Co., launched just last year, expects to produce 30,000 caskets in its first full year of operation. The company plans to fill the first 150 jobs by the time the plant opens this summer.

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GM to pay more than $400 million in worker bonuses

Less than two years after entering bankruptcy, General Motors will extend millions of dollars in bonuses to most of its 48,000 hourly workers as a reward for the company's rapid turnaround after it was rescued by the government. Workers in Kokomo could get $3,000.

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Budget shrinks 21st Century tech fund

Even as some of its investments bear fruit in grand fashion, the state’s principal fund for investing in high-tech companies may get even less in the next budget than it did two years ago when its funding was cut in half.

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Diabetes boom sparks Roche expansion

Roche Diagnostics Corp. is expanding one of its Indianapolis manufacturing plants to keep up with growing sales of its leading brand of blood glucose monitors.

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