Articles

ALTOM: Can new technology make a toilet cleaner?

In a previous issue of IBJ, another columnist wrote that technology can raise the productivity of toilet cleaners. It wasn’t a central part of his argument, but as you might imagine, it caught my eye. I couldn’t resist looking into bathroom technology.

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Canadian company plans to create 175 jobs in Miami County

Conforce International Inc., a manufacturer of composite flooring systems for the transportation industry, plans to invest more than $13.8 million to purchase and equip a plant in Peru, which would be the company’s first location in the United States.

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GE to pump $161 million into Bloomington plant

General Electric announced Monday morning that it plans to invest $161 million at its Bloomington refrigerator plant, creating up to 200 jobs by 2014. The plant, which was once slated for closure, now has more than 500 employees.

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Audio recording history on display in dealer’s HQ

Van Ausdall & Farrar got its start when innovator Thomas Edison selected it as an Ediphone distributor. Since then, the company has been proud of its association with the American icon, and now Van Ausdall has its own in-house Voice Museum to pay homage to its history.

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ChaCha lands $20 million venture investment

The funding comes from new investors VantagePoint Venture Partners and Rho Ventures. Since its inception in December 2005, ChaCha has raised more than $50 million, including $7 million earlier this year from a venture capital fund.

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Reebok’s loss of NFL contract could hurt local plant

Competitor Nike Inc. will become the official apparel maker for the National Football League in 2012. The loss of the contract could mean layoffs at the Reebok plant on Indianapolis’ east side that makes NFL apparel and employs about 1,000.

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Stanley moving production to new Greenfield plant

Connecticut-based Stanley Black & Decker Inc. plans to combine two of its manufacturing operations at a new facility in Greenfield, transferring about 100 workers from Shelbyville and adding as many as 80 jobs in the next two years.

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