Losses grow for EnerDel parent, but sales rise
New York-based Ener1 reported late Monday that it suffered a third quarter loss of $15.8 million.
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Air Force awards Rolls-Royce $8.5 million contract
Rolls-Royce Corp. said Monday that the U.S. Air Force has awarded its Indianapolis operations an $8.5 million contract to
provide spare engine parts for the C-130J military transport aircraft.
Frozen-food firm plans to add 350 jobs at New Albany plant
New Albany-based Kemper Foods International LLC announced Tuesday morning that it will expand its food-production center in
southeast Indiana, creating more than 350 new jobs by 2012.
Wal-Mart gets into the casket business
Batesville Casket Co., the world’s largest manufacturer, says it’s watching, but isn’t worried.
IURC conducts review of Centennial’s telecom service
Every neighborhood has its battles, but the 1,017-resident Centennial subdivision in Westfield is embroiled in one of the
most unusual: a very public fight over the adequacy of its phone, Internet and video service.
Speaker-maker Klipsch making noise in earphone niche
Making money in earphones will require higher sales volumes, but Klipsch CEO Fred Klipsch thinks there are plenty more consumers
left for his company to tap.
HAUKE: Apple faces competition in mobile phone wars
For a while, everyone seemed to think the iPhone was unassailable, but Motorola, Google and Verizon are about to give it their best shot. And investors are placing their bets now.
FinishMaster profit, sales decline as accident claims fall
FinishMaster Inc. on Thursday afternoon reported a drop in third-quarter profit and revenue compared to the same period a
year ago.
Chemical-maker Benchmark Products merges with Ohio’s New Surface Technologies
Benchmark Products Inc., a local manufacturer of metal-finishing chemicals, will combine with a Bedford, Ohio, company and
keep its headquarters and production in Indianapolis. The combined company will be renamed Asterion LLC.
ALTOM: What’s available about you online may surprise you
A half-hour perusing the various social media sites can give you carloads of information about your sought-after individual.
Fort Wayne plant closing to leave 118 jobless
Marietta, Ga.-based Graphic Packaging International Inc. has notified the state that it will cut 118 jobs by closing its plant in Fort Wayne.
Military firm could create 500 jobs at former chemical site
Telic Corp., a developer and manufacturer of United States military equipment, announced Thursday it will invest more than
$1.2 million in the former Newport Chemical Depot in western Indiana, creating up to 500 jobs.
Harley-Davidson eliminates Indiana from relocation list
Harley-Davidson has announced that a Kentucky location is the only one it will consider if it decides to relocate its York,
Pa., motorcycle plant, eliminating a site south of Indianapolis from contention.
Brightpoint profit dips but beats expectations
Wireless device distributor Brightpoint Inc. said late Wednesday afternoon that profit and revenue both fell in the third
quarter because it sold fewer devices at lower prices.
Calumet improves quarterly profit despite sales hit
Calumet Specialty Products LP posted a profit of $3.9 million in the third quarter, recovering from a $12.5 million loss in
the same period last year.
Factory orders rose 0.9 percent in September
Orders to U.S. factories rebounded in September, helped by strength in autos, heavy machinery and military aircraft.
Brake manufacturer closure costs 118 jobs
Carlisle Industrial Brake and Friction has notified the state that it will close a manufacturing plant in Logansport, resulting in the loss of 118 jobs.
Greensburg manufacturer sold, jobs moving to Oklahoma
The Autoquip Corp. has completed its acquisition of American Lifts in Greensburg and will be moving nearly 50 jobs to company headquarters in Guthrie, Okla.
Ford surprises with $1B quarterly profit
Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with a profit of
nearly $1 billion in the third quarter.
Cummins reports plunge in profit, revenue
Cummins Inc. said profit for its fiscal third quarter fell 59 percent and sales dropped by 31 percent compared to the same
period last year, though the company said its profitability and cash position improved from the second quarter.