GE plans $68M investment related to Indiana plant
Investment and union agreement will help retain more than 500 jobs and ensure the plant’s long-term future.
Manufacturing
Articles
Stanley moving production to new Greenfield plant
Connecticut-based Stanley Black & Decker Inc. plans to combine two of its manufacturing operations at a new facility in Greenfield, transferring about 100 workers from Shelbyville and adding as many as 80 jobs in the next two years.
Furniture distributor plans Gas City operations
New Jersey-based Munire Furniture says it will locate its U.S. manufacturing headquarters in Gas City, with plans to create as many as 100 jobs by the end of the year and as many as 350 by 2013.
State auto jobs creeping up again
Employment in Indiana’s auto industry has stabilized, and manufacturers even are hiring in small numbers. Hoosier automakers and parts suppliers added 10,000 workers this year through August, bringing total employment in the sector to 100,400.
Four-year-old BlueLock makes first change in top executive ranks
The so-called cloud computing and managed IT services firm is part of Collina Ventures, a holding company created by local tech entrepreneurs Karen and Mark Hill.
My Health Care Manager wins $1.25M to improve software
The Indianapolis-based firm that helps seniors and their care givers navigate the health care system won a nearly $1.2 million grant from the National Institutes of Health.
Reform will boost health care costs, Indianapolis panel predicts
Rising costs aren't the only impact of reform, say panelists taking part in a Power Breakfast sponsored by Indianapolis Business Journal.
Local firm lands $50 million Coast Guard account
Indianapolis-based technology firm Communications Products Inc. scores its second big government contract in nine months.
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.
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.