Frankfort manufacturer to build plant in Tennessee
NHK Seating of America’s plant in Murfreesboro is expected to employ up to 224 workers when all phases of production are operating
in 2015.
Manufacturing
Articles
CEO of local chocolate company stepping down
Wayne Zink of Endangered Species Chocolate will become chairman of the company’s not-for-profit foundation. Chief Operating
Officer Curt Vander Meer will replace him as CEO.
Cummins’ profit rises on strong overseas sales
Columbus-based diesel engine manufacturer raised its full-year earnings forecast after second quarter profit rose to $246
million.
Interactive Intelligence reports higher profit, revenue
The Indianapolis-based company reported second quarter profit of $2.5 million on increased sales of
its business communications software.
Exchanges sprout around the country
When the Indiana Health Information Exchange launched in 2004, it was one of nine truly operational exchanges around the country.
Today, the Indianapolis-based organization is one of 73, according to the latest national survey by the eHealth Initiative.
Vehicle fumes make dozens ill at industrial park
About 100 Lockheed Martin were overcome by exhaust fumes that came from a semi-tractor for an IndyCar team that was switching
trailers at the industrial park building near Indianapolis International Airport.
Federal agents’ raid hits University Loft at tough time
Military contracts have helped shore up sagging sales at University Loft Co., the furniture maker federal agents raided two
weeks ago. Still, University
Loft’s work force is almost 50 percent off its recent peak.
Wolf Technical Services wins Army Corps contract
The company has been hired to refine technology that detects whether a vehicle might be carrying suspicious cargo, including
explosives.
Gas City close to deal with furniture maker
The Gas City council has approved granting up to $2.5 million in economic revenue bonds for Echelon Furniture Inc. to locate
in a plant that Amcast Automotive shut down in 2006.
Auto plant’s 300 jobs draw 3,000 applicants
The response to openings at a Chrysler transmission plant in Kokomo reflects the large number of people out of work, a union
official said.
Rolls-Royce snags $70M contract to service Canadian fleet
British firm’s Indianapolis manufacturing facility will provide engine management and repair services, as well as logistics
and on-site technical support for Canadian military transport aircraft.
Angola manufacturers plan nearly 180 new jobs
Fuel Systems of Angola and Steffy Wood Products say they will invest a total of $4.8 million on their production facilities
in northeast Indiana, creating 178 jobs by 2013.
Steel Dynamics profit up, but misses analysts’ estimates
Net income was $49.2 million, compared with a net loss of $16 million a year earlier, the Fort Wayne-based steelmaker said
Monday in a statement.
Illinois firm to build used oil plant in Speedway
The $40 million project along West 10th Street could create 75 jobs by 2013.
Cummins gets upgrade from Moody’s
The company’s rating rose one notch because it has taken steps to insulate itself from economic downturns.
ALTOM: How long will our ‘Net neutrality last?
Cable giant Comcast has fanned a typical smoldering Internet grumble-fest into a major screaming match, complete with a lawsuit
and cries for federal intervention. The outcome may affect how much it costs you and me to do business across the ’Net.
Interactive Intelligence partners on social media application
The Indianapolis software company has partnered with Cambridge, Mass.-based Buzzient Inc. to allow clients to monitor chatter
about them on Facebook and other sites.
Cummins moving 100 jobs from Memphis to Mexico
The moves will leave about 1,400 employees of Cummins and its contract workers in the Memphis area.
UAW salvages Navistar foundry on brink of closing
A five-year contract ratified late Tuesday covers 250 workers in UAW Local 226 who work at Indianapolis Casting Corp.
Ruling on Visteon retiree benefits overturned
In overturning two lower court decisions, a three-judge panel of the 3rd U.S. Circuit Court of Appeals in Philadelphia unanimously
agreed with attorneys representing some 2,100 retirees from two Visteon manufacturing plants in Indiana.