Articles

TechPoint to focus on IT firms specializing in medical, life sciences sectors

Long tracking the emergence of information technology firms involved in the health and life sciences sector, the state’s
IT trade group, TechPoint, is undergoing a mitosis of sorts to help fuel the trend. It has created Advancing
Life Science & Health Care Information Technology, or ALHIT, which will focus on growing this subset of the IT realm.

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Chrysler returns $5.5M in bonds to Tipton County

Chrysler has returned $5.5 million in bonds to an Indiana county to settle a dispute over millions of dollars the county spent
toward a transmission plant that a Chrysler supplier stopped building last year.

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Grill maker to locate HQ in Indiana, hire 300

Waterloo, Ontario-based Onward Manufacturing Co. Ltd. announced Wednesday afternoon that it would locate its first U.S. grill
production center in northeast Indiana, creating more than 300 jobs in Huntington by 2011.

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House OKs defense bill that funds Rolls Royce engine

Despite a vaguely worded veto threat by President Barack Obama, the House on Thursday easily adopted a major defense
policy bill that calls for continued development of a costly alternative engine for the Pentagon’s next-generation fighter
jet.

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Senate bill doesn’t fund Rolls-Royce jet engine

The measure holds potential bad news for Indianapolis engine maker Rolls-Royce because it does not contain funding for a key
jet engine the company produces, but lawmakers are expected to restore funding when the Senate and House combine bills into
a final version.

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