The Army provided no new money for the Humvee in the service’s recent budget proposal, and a spokesman says the 2,620 vehicles
ordered from Mishawaka-based AM General will be the last as the Army moves on to newer designs.
Overseas sales are a major emphasis for Indianapolis-based Peerless Pump, which makes highly engineered pumps for fire suppression,
factories and waterworks. President Obama’s administration wants to help rebuild the U.S. economy by putting more companies
on Peerless’ trajectory.
Remy International and Allison Transmission will work together on a hybrid commercial truck program. Latest supply deal to
boost Remy’s Anderson factory.
Facing intense scrutiny from the federal government, Toyota is trying a salt-of-the-earth offensive, paying for a group of
its U.S. employees to talk with lawmakers. At least one is from Toyota’s plant in Princeton, Ind.
Multimedia products maker World Media Group Inc. will invest more than $2 million to expand its manufacturing operations on
the east side of Indianapolis, increasing its workforce by 20 percent.
Indiana Gov. Mitch Daniels and three other governors of states with Toyota plants are calling on Congress to be fair to the
automaker in hearings concerning safety recalls.
Inconceivable as it might sound, will the increasing focus on academic performance in public schools give private schools
a run for their money? It wouldn’t be the first time statistics upset an apple cart.
Locally based e-mail marketing firm opens London office, adds big-name clients and secures $145 million in venture capital.
After a week-long shutdown for the company to repair defective gas pedals, the factory near Princeton was back to “business
as usual” when its lines restarted on Monday.
Accuride shareholders are trying to arrange a $400 million loan to fund the Evansville company’s exit from bankruptcy.
Indianapolis-based Calumet Specialty Products Partners LP is investigating the cause of a Friday blast at its refinery in
Shreveport, La., that damaged some nearby properties.
The Colts’ Super Bowl loss saddened employees at a local plant that makes NFL gear, but the Saints’
win will give the bottom line a bigger boost.
The jobs can’t come soon enough for Connersville, where unemployment is at 13.8 percent.
Toyota said Sunday it will soon announce a plan for dealing with braking problems in its Prius hybrid amid reports that the
world’s largest automaker plans to issue a recall for the latest model of the vehicle in Japan.
State officials are giving Shelbyville’s struggling Intelliplex business park another chance to use tax incentives to land
new companies
and high-paying jobs.
The Indianapolis area is home to myriad unsung entrepreneurs who run interesting companies, make money and create good jobs.
Here are some of them.
Not even a year has passed since Scale Computing launched its first product, yet CEO Jeff Ready forecasts 2010 revenue
with the confidence of a meteorologist giving the three-day outlook.
Smart-phone fever is heating up the climate for innovation in the local tech community, as firms new and old try to cash
in on the demand for applications that can be used on the iPhone, BlackBerry and other gadgets from the likes of Palm and
Google.
The name change reflects the completion of the company’s integration with Missouri-based Stark
Brothers Fulfillment, which Sigma Holdings acquired in 2007.
Wireless device distributor Brightpoint Inc. saw revenue decline in the fourth quarter, but the Indianapolis-based company
still managed to bounce back from $346 million year-ago loss with an $18.3 million quarterly profit.
