Auto, battery jobs hinge on landing federal energy loans
Indiana’s future as a hub for making electric and hybrid vehicles hinges on a single government loan program.
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ALTOM: See the light, and get on the fluorescent bandwagon
It’s hard to imagine an invention more commonly used than the light bulb. It’s a shame that by 2014 we probably
won’t be able to buy them anymore, at least not as readily as we do now.
Brightpoint increases stock repurchase to $80 million
Indianapolis-based cell phone distributor is buying back more shares as part of a settlement it reached in October with Denmark
holding company NC Telecom Holding A/S, which Brightpoint bought in 2007.
Hillenbrand acquiring conveyor manufacturer
The Batesville holding company said it will purchase K-Tron International Inc. in New Jersey for about $435 million, including
$45 million in K-Tron debt and cash on hand. The deal is expected to close by the end of March.
Cummins gets $54M to improve fuel efficiency
Columbus engine
maker Cummins Inc. will receive nearly $54M in federal funding as part of a program designed to significantly
increase fuel efficiency in heavy trucks and passenger vehicles, U.S. Energy Secretary Steven Chu announced Monday.
State investigates blasts at Portage steel mill
Investigators are taking a "hard look" at safety at a northwestern Indiana steel mill that has had two recent explosions.
High-end audio firm Indy Audio Labs powers up with new hires
An upstart audio products company with offices at Purdue Research Park at AmeriPlex has brought in big guns to launch sales.
Law firm Alerding Castor Hewitt hires ExactTarget’s ex-general counsel
William Boncosky spent seven years at the ExactTarget, a span when the firm’s employment grew from 14 to 500.
Too much, too soon in Elkhart?
Embattled workers might lose motivation to go back to school, thus putting them in an even worse position in the long run.
Alcoa plant in Indiana plans up to 145 layoffs
Alcoa’s Warrick Operations in Newburgh said the layoffs in its rigid packaging division are in response to a declining demand for its products.
Factory orders unexpectedly jump 1.1 percent
The advance was double what had been expected and provided further evidence that manufacturers are beginning to pull out of
their steep slump.
UPDATE: Electric car maker picks Indiana factory site
The subsidiary of Norwegian-based Think Global projects its new factory in Elkhart could have 415 full-time jobs by 2013.
Local distributor of janitorial supplies makes acquisition
Indianapolis-based HP Products Corp. announced Tuesday morning that it has completed its acquisition of Great Lakes Supply and Chemical in Michigan City.
Brightpoint quarterly estimate below expectations
Cell phone distributor predicts fourth-quarter results below analyst estimates, sending shares down in aftermarket activity.
ChaCha raises $7 million in venture funding
ChaCha, a Carmel-based mobile search engine, announced Monday morning that it has closed on $7 million in venture funding.
Hancock County to consider battery plant proposal
Hancock County officials will consider a request by lithium battery maker EnerDel to set up operations in a business park
near Indianapolis.
IUPUI dedicates engineering lab funded by Carrier Corp.
Over the past four years, Carrier has donated $71,000 for the purchase of equipment and software that will
allow mechanical engineering students at IUPUI to do more advanced work.
COTA: Getting things done is more than just a resolution
When the work seems to pile up, OmniFocus and Things can help productivity.
Health care software firm RealMed regains momentum
RealMed enjoys a nearly 99-percent renewal rate among its current customers and attracted 4,000 new doctors
in 2009. Employment at the company is rising after a steady decline.
ALTOM: How does 3G matter to your cell phone?
3G is the third generation of cell technology and is designed to make it easier to send video and other bandwidth-hungry material.