Jones’ robotic mower company lands $4.5 million in funding
Precise Path Robotics completes round of funding on the heels of signing contract with two companies that control more than
100 U.S. golf courses.
Manufacturing
Articles
Hybrid-motor sales help boost Remy’s quarterly results
Pendleton-based company reported both higher profit and revenue, helped by a 20-percent increase in hybrid-motor sales.
Economic development officials stunned by GM plant no-vote
Indiana Commerce Secretary Mitch Roob said he was completely surprised by local General Motors workers’ refusal to vote on
a proposed contract by JD Norman Industries, a decision that appears to set up the plant for certain closure.
UAW halts vote on giveback deal at Indy GM plant
UAW Local 23 bargaining chairman Gregory Clark says members won’t vote on the proposed contract, which would cut base wages from $29 per hour to $15.50.
Cash options floated for workers at GM stamping plant
Fliers circulating at General Motors' Indianapolis plant show that union members will be offered cash payments of $25,000
to $35,000 and an opportunity to keep a foot in the door with GM, if they agree to work for JD Norman Industries.
Loogootee losing 95 jobs to bedding plant closure
Perfect Fit Industries, a supplier of bedding accessories such as mattress pads, pillows and comforters, will shut down its
facility in southwest Indiana by the end of the year.
GM plant offer sets off union power struggle
The UAW in Detroit said Local 23 will vote Monday on Illinois-based JD Norman's proposal to buy an Indianapolis stamping
plant where more than 600 work, but a local rep says workers don't want to negotiate.
Purdue expert: Tracking tags may threaten privacy
Information security expert Eugene Spafford says companies can use the radio frequency identification tags for their own benefit
by tracking what consumers have purchased without the risk of being noticed spying on them at a store.
Auto parts plant leaving Ohio for Indiana, may employ 350
Continental Structural Plastics expects to spend at least $9.1 million on upgrades to the Huntington factory and perhaps have
350 workers working there by 2012.
Cincinnati Bell chooses Carmel for subsidiary’s headquarters
Evolve, which offers bundled voice and data services to commercial customers, will start with 100 employees in Carmel and
plans to add more.
Remy to supply motors for all-electric Equinox
Remy International on Tuesday signed a contract with Cincinnati-based Advanced Mechanical Products Inc. to supply motors
for
an all-electric version of the Chevrolet Equinox.
Hyundai hole in Indiana
The rising Korean industrial giant is building another plant in the U.S., but not in Indiana.
USDA gives $3M to four rural Indiana phone companies
The U.S. Department of Agriculture says the grants will bring the high-speed Internet service to about 2,500 homes and about
80 businesses.
Indiana State Police join social networking age
Superintendent Paul Whitesell said Thursday that the lightning-fast communication of the State Police's Facebook page
and its Twitter account give the agency one more way to "reach out to the public."
Slumping chocolate firm hopes to recapture early momentum
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.
Local manufacturer Deflecto lives to see 50
Customers intervened to keep inventor of bicycle reflectors, dryer vents from going out of business.
Red Gold expanding Madison County operations
Following $5.1 million investment, the company plans to create 42 jobs by 2012 by expanding its production operations in Orestes.
Brightpoint boosts revenue, profit
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.
Indiana company planning hybrid van gets GM backing
Anderson-based Bright Automotive is getting a boost from a $5 million investment by General Motors’ new venture capital arm.
Hillenbrand profit falls on acquisition costs
Excluding acquisition costs, the Batesville-based maker of caskets exceeded Wall Street forecasts with earnings of $28.1 million.