Manufacturing – Page 160 – Indianapolis Business Journal

ChaCha lands $3M investment

January 20, 2011

The Carmel-based company said the latest round of financing extends a $20 million investment it received in October to fund an expansion of its signature mobile service.

Brightpoint to re-enter the Polish market

January 20, 2011

Indianapolis-based Brightpoint Inc., which helps cell phone makers manage their supply chains, said Wednesday that it is re-entering Poland, a market it exited two years ago at the height of the global downturn.

UPDATE: Biden touts advanced vehicles in Greenfield

January 19, 2011

Vice President Joe Biden was in Greenfield, about 25 miles east of Indianapolis, on Wednesday morning to visit an EnerDel plant that received a $118.5 million Recovery Act grant in 2009 to expand its lithium-ion battery production.

Brightpoint exec Fivel leaving for Simon Property Group

January 19, 2011

One of the top executives at Brightpoint Inc. is leaving the Indianapolis-based cell phone distributor to take a similar position at Simon Property Group.

Humvee maker cutting 300 jobs at Indiana factory

January 17, 2011

AM General plans to lay off 300 workers from the Mishawaka factory that makes Humvees for the military.

Ambulance manufacturing plant in northern Indiana closing

January 17, 2011

Medtec Ambulance Corp. has notified state officials it will close its plant in Goshen on March 31 as part of a reorganization that will move operations to Bradenton, Fla., costing 150 workers their jobs.

RV makers are optimistic industry will rebound in 2011

January 16, 2011

A University of Michigan survey found that recreational vehicle companies are expecting a nearly 4 percent increase in sales this year.

Rising industrial production gives economy momentum

January 14, 2011

Factories started producing more as U.S. companies placed more orders to replenish stockpiles that they slashed during the downturn. Then in the final months of 2010, consumers and businesses showed a bigger appetite to spend, encouraged in part by the improving economy.

Parking key issue in Rolls-Royce’s possible downtown move

January 13, 2011

Rolls-Royce Corp.’s decision whether to move about 2,500 office employees to a former Eli Lilly and Co. downtown campus could hinge on three critical factors—parking, incentives and lease terms for the space.

Honda’s Civic becomes ‘athletic’

January 13, 2011

Honda unveiled the concept design for its 2012 Civic at the North American International Auto Show in Detroit last week.

Brizzi filed for OmniSource forfeiture

January 13, 2011

Former Marion County Prosecutor Carl Brizzi blasted metal-recycling giant OmniSource in a court filing in his last week in office, asking a judge to force the company to forfeit all five of its Indianapolis scrap yards and a foundry facility in Hendricks County.

Hurco reports fourth quarter, annual losses

January 12, 2011

Indianapolis-based machine tool maker lost $1.1 million in the fourth quarter and $5.7 million in fiscal 2010.

Local tech consultant to expand, add 60 jobs

January 12, 2011

Indianapolis technology firm MMY Consulting Inc. will spent $700,000 to expand its local operations, economic development officials said early Wednesday, nearly doubling its staff over the next four years.

Verizon to start selling iPhone next month

January 11, 2011

Verizon Wireless made the long-awaited announcement Tuesday that it will start selling a version of the iPhone 4 on Feb. 10, giving U.S. iPhone buyers a choice of carriers for the first time.

Kokomo plant closure affects 75 workers

January 10, 2011

Kansas City-based Milbank Manufacturing Co. said it will close its Howard County plant sometime between March 8 and March 22. Milbank makes electric meter sockets.

Audiovox agrees to buy local speaker maker Klipsch

January 7, 2011

Audiovox said in a statement, though, that the deal is “subject to a number of contingencies.” Indianapolis-based Klipsch was founded in 1945 and has 130 local employees.

Aprimo sale may usher in ‘new wave’ of tech deals

January 6, 2011

Observers say conditions are ripening for more deals like the recent $525 million sale of Aprimo Inc. in the months ahead—not only among IT firms, but also among biotech companies here.