Articles

Rolls-Royce lands $20M maintenance contract

Rolls-Royce Corp.’s local operation won a $20.3 million contract extension to provide maintenance services for the helicopter engines it makes for the U.S. military, the Department of Defense said Monday.

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Auto industry bailout pulls Kokomo back from brink

Kokomo's fortunes have been entwined with the auto industry since 1894, when Elwood Haynes invented one of the first automobiles in the United States there. Since the 1930s, when then-Delco (later Delphi) located there, followed by General Motors and Chrysler, the auto industry has been the town's bread and butter.

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Feds’ $50M loan to automaker could create 900 jobs

The Department of Energy will announce on Monday it is giving a $50M loan to Vehicle Production Group, which makes wheelchair accessible vehicles in Mishawaka. Officials say they expect the loan to create more than 900 jobs in an economically ravaged part of Indiana.

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Company thinks it can make college textbooks obsolete

An Indianapolis company has developed Web-based software that allows college students to read and electronically mark up textbooks, articles, chapters of books, etc. It also has a business model that its owners think will make more money for publishers and slash students’ textbook costs—which average $1,200 a year—in half.

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Printpack closing 230-worker Greensburg plant

More than 200 workers will lose their jobs when packaging materials maker Printpack Inc. will close its Greensburg plant early next year, the company said in a notice filed this week with the state Department of Workforce Development.

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