TechPoint accepting nominations for Mira technology awards
The awards are meant to showcase Indiana’s high-tech success stories and raise the profile of the tech community.
Manufacturing
Articles
Hosted-service provider BlueLock on growth binge
BlueLock is among several companies owned by Collina Ventures, an investment firm created by local tech entrepreneurs Mark
and Karen Hill.
EnerDel hopes to hire 1,100 at new manufacturing plant
Lithium battery-maker will get incentives worth $53.1 million for expansion into Hancock County.
Indiana businesses are welcoming investment from China
Some observers see a parallel to the state’s seeking Japanese investment following recession in the early 1980s.
EnerDel expected to announce new manufacturing plant
Lithium battery-maker had requested a Hancock County zoning exemption to establish a manufacturing operation in the Mount
Comfort business park.
EnerDel in line for $3 million grant
Battery maker EnerDel could land $3 million in federal disaster-recovery money that would help bring 200 more jobs to its
facilities on the north side of Indianapolis and in Noblesville.
Knauf fills new CEO position
Knauf Insulation in Shelbyville appoints a company executive to its newly created position of CEO of North American operations.
Orbis Education lands $8 million in venture capital
The locally based maker of nursing-education software will use the infusion to accelerate growth.
Car-seat manufacturer plans Columbus expansion
Dorel Group wants to expand its development and production operations in Columbus, creating 98 jobs by 2013.
HALO shines on IT upstart
Policy management firm PolicyStat lands venture investment from HALO Capital Group, the angel investor network managed by TechPoint. HALO has invested a total of $12.5 million in firms statewide in the past 20 months.
Conexus gets $3.45 million from Lilly Endowment
Lilly Endowment Inc. is continuing to support the state’s advanced-manufacturing initiative, giving Conexus Indiana a grant to help connect potential workers with the necessary training.
Gunite Corp. cutting 100-plus jobs at Elkhart plant
Beleaguered Elkhart took another hit this week when Illinois-based Gunite Corp. announced plans to move 110 manufacturing
jobs to Rockford, Ill., and Brillion, Wis.
Legislation to protect car dealers re-emerges at Statehouse
Dozens of Chrysler and General Motors dealers in Indiana were terminated last year. Now, a dealer trade group wants to
block automakers from preying on termination fears to wrest concessions from surviving dealers.
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.
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.