Endangered Species Chocolate, which saw growth spike from 2005 through 2007, lost 20 percent of its revenue in 2009. Sales
dropped from $14 million in 2008 to $11 million last year. New Curt Vander Meer has plans to bring the company back to its
former glory, one chocolate bar at a time.
Customers intervened to keep inventor of bicycle reflectors, dryer vents from going out of business.
Following $5.1 million investment, the company plans to create 42 jobs by 2012 by expanding its production operations in Orestes.
Brightpoint Inc. on Wednesday reported second-quarter revenue of $788.6 million as the Indianapolis company continued to grow
its share of the wireless device distribution business.
Anderson-based Bright Automotive is getting a boost from a $5 million investment by General Motors’ new venture capital arm.
Excluding acquisition costs, the Batesville-based maker of caskets exceeded Wall Street forecasts with earnings of $28.1 million.
The Indianapolis-based owner of oil refineries lost $907,000 in the three months ended June 30. In the same quarter last year,
the company lost $26 million.
Indiana University has won a $9.2 million federal grant to lead two high-speed global networks intended to boost scientific
collaborations between U.S., European and Asian researchers.
Indiana State Police report ticketing only one driver for violating the cell phone ban, and a state agency that tracks infractions
for 160 police departments could find just two other citations.
A federal grant will pay most of the costs for an $8 million conference center that officials hope will help attract business
to a technology park near the Crane Naval Surface Warfare Center.
Jam-packed with expensive equipment, data centers represent huge capital investments in a relatively small footprint. That
can mean steep property tax bills, though Indiana allows communities to exempt a portion of that tax. Jobs-hungry Indiana
is eager to attract more of these climate-controlled computing fortresses.
Two years after Bright Automotive was founded, the prospect of thousands of Indiana factory workers cranking out Bright’s
100-mile-per-gallon “IDEA” delivery vans by 2012 seems dim.
GM spokesman Kevin Nadrowski says officials at the Kokomo Integrated Circuit Fab plant met with 375 workers Wednesday to
say they're "assessing the business model at the plant based on recent business developments."
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.
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.
Columbus-based diesel engine manufacturer raised its full-year earnings forecast after second quarter profit rose to $246
million.
The Indianapolis-based company reported second quarter profit of $2.5 million on increased sales of
its business communications software.
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.
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.
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.
