UAW rejects pay cuts; local GM plant could close
Union employees at General Motors' Indianapolis metal-stamping plant have overwhelmingly rejected a proposed pay cut that would have kept the facility open.
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Raytheon’s local plant lands $42M Navy order
Raytheon Technical Services Co. in Indianapolis has scored a $42 million contract to make forward-looking infrared sensors for the U.S. Air Force’s HH-60G helicopter, the Department of Defense said late last week.
Ford laying off 249 at doomed east-side steering plant
Ford Motor Co. is continuing the process of shutting down a subsidiary’s east-side steering plant, filing a notice with the state that it intends to lay off 249 employees around Nov. 19.
Durable goods rise outside volatile transportation
The overall demand for durable goods fell 1.3 percent in August, the Commerce Department said Friday. But that was pulled down by a significant drop in orders for aircraft.
Surveillance trailblazer Exacq Technologies touts big clients, rapid growth
Clever adaptation of new technology has helped propel Exacq Technologies’ dizzying 1,624-percent growth rate in the last three years.
TechPoint broadens agenda for annual technology summit
This year’s event will look at trends in so-called clean technologies.
Indiana lawmakers push for Internet taxes
A bipartisan duo of state lawmakers wants Congress to allow states to collect sales taxes on Internet purchases, a move they say could bring hundreds of millions of dollars to cash-strapped Indiana.
EnerDel parent nets $20M from Russian investor
New York-based Ener1 didn't disclose how it will use the funds coming from Ener1 Group Inc., a company led by Russian industrialist Boris Zingarevich.
Rolls-Royce scores $19.2M helicopter contract
The local operations of the British aerospace firm has won an Army contract to build 40 more engines for the OH-58D Kiowa Warrior helicopter.
Indy metal-stamping plant faces many hurdles
Persuading workers at General Motors' Indianapolis metal-stamping plant to accept a pay cut would be a feat, but it won't be the last challenge that JD Norman Industries would face.
Schlage acquires Fusion door-hardware division
Schlage’s purchase of the Georgia-based company’s division gives it immediate access to the decorative door hardware and lock market, the company said.
Structural shakeup means changes at EnerDel
Ener1 Inc., the parent company of local advanced-battery maker EnerDel, has reorganized its corporate structure and shuffled management ranks.
Company sets closing of southern Indiana furniture plant
DMI Furniture says in a filing with the state Department of Workforce Development that it expects to permanently close the Huntingburg factory on Nov. 19, eliminating about 60 jobs.
ChaCha may drop T-Mobile over planned fee
Wireless carrier plans to begin charging a new one-quarter of 1 cent fee on text messages. In response, ChaCha CEO Scott Jones says his company will drop the wireless carrier from its answer service.
Subaru of Indiana adds to permanent work force
Subaru expects higher production volumes at its Lafayette plant to last well into the future and it is converting 100 temporary positions to permanent status.
Franklin calls off deal to land brewery plant
The Franklin Redevelopment Commission decided Thursday to call off the deal because TailGate Beer of San Diego failed to respond to a deadline to provide detailed financial information.
Fort Wayne hopes Navistar workers will attract business
The president of an organization that aims to attract businesses to northeast Indiana says the region is hoping to use Navistar International Corp.’s 1,000-plus workers as an asset.
Brightpoint replaces director hired to lead Six Flags
Brightpoint Inc. said board member James W.P. Reid-Anderson has resigned after being selected last week to become chairman, president and CEO of amusement park operator Six Flags Entertainment Corp.
Medical equipment maker primed to expand in Greenwood
Advantis Medical Inc., a maker of cases and trays for surgical instruments, plans to add more than 100 jobs in Greenwood over the next five years.
Factory production creeps up again
Production at U.S. factories grew in August for the 12th time in 14 months, but at a slower rate than earlier this year.