Articles

Cummins awarded $6.9 million Army contract

The three-year deal calls for the Columbus, Ind.-based diesel engine manufacturer to develop a power train that improves efficiency by reducing fuel consumption and noise, and can run on a wide range of fuels and fuel mixtures.

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Greencastle auto supplier cutting 202 employees

International Automotive Components Group said the layoffs will occur in two stages—on Nov. 10 and again on Dec. 13. Expiring contracts are responsible for the cuts, said a company spokesman, who added that the employees could be recalled.

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Fort Wayne hoping to keep some Navistar jobs

Fort Wayne officials say they aren’t giving up hope that Navistar International Corp. will keep some jobs in the city despite the company’s decision to consolidate operations in suburban Chicago.

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EnerDel parent lines up more financing

The parent company of lithium-ion battery maker EnerDel Inc. has raised another $65 million to help finance operations and ramp up its manufacturing operations in the Indianapolis area.

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Indianapolis software firm RealMed acquired

Health care software firm RealMed Corp. will keep its base of operations in Indianapolis after being acquired by health information exchange provider Availity LLC of Jacksonville, Fla. Terms of the deal announced Wednesday were not disclosed.

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