Cookware plant closing in Fort Wayne, idling 190 workers
Fort Wayne-based Lincoln Foodservice Products Inc. has notified state officials that it will close its “small wares”
plant there and let go 190 employees.
Manufacturing
Articles
$75M investment in ExactTarget may be Indianapolis record
The amount raised since October is in addition to the $69.9 million it received in May from three venture
firms on the coasts, in what was the third-largest venture deal in the nation during the second quarter,
according to the National Venture Capital Association.
ALTOM: It’s time to rethink reliance on PowerPoint presentations
A college administrator believes technology shifts the educational focus from the wits and wisdom of the instructor to the
bullet points in the presentations.
Ford delay extends life of east-side steering plant
A Ford Motor Co. subsidiary will start cutting its local work force next year, but won’t close its east-side plant
for good until late 2011.
Some area manufacturers see blue sky after year dominated by recession
The recession decimated Indiana’s auto-parts makers, but many other manufacturers in the state survived. After a year
adrift in the recession, they see signs of land ahead.
IT firm receives abatement for job-growth plans
Indianapolis’ largest computer consulting firm on Wednesday received property-tax abatement relating to its plans to
create 200 high-paying jobs and invest $600,000 in new equipment.
Cummins to lay off 400-plus workers in New York
Columbus engine maker Cummins Inc. will idle at least 400 workers at a manufacturing facility in Jamestown, N.Y., because
of a change in emission standards that will cut production from 500 engines a day to 100.
Massive CEDIA Expo returning to city after 5-year break
The locally based Custom Electronic Design & Installation Association will bring its fall trade show back to Indianapolis
in 2011 and 2012—making good on a promise to return after a $275 million expansion of the Indiana Convention Center.
Trailer maker plans to add 100 jobs in Peru
Peru recreational vehicle maker Riverside Travel Trailer Inc. will expand its Miami County operations, creating 100 new jobs
by 2011, the Indiana Economic Development Corp. announced Wednesday morning.
Local IT consulting firm plans to add 200 workers
Indianapolis’ largest computer consulting firm is seeking property-tax abatement relating to its plans to create 200 high-paying
jobs and invest $600,000 in new equipment.
Sale plans stall on old Clarksville Colgate plant
Negotiations have fallen through on a deal to redevelop a closed Colgate-Palmolive Co. toothpaste factory along the Ohio River.
Don’t confuse Toyota for GM
Toyota isn’t about to grow complacent like GM did in the ’60s, an analyst says.
Factory orders fall unexpectedly
Orders for costly manufactured goods dropped 0.6 percent last month, following a 2-percent gain in September.
Employers brace for Cyber Monday
More than 53 percent of workers with Internet access, or 68.8 million, are expected to shop online Monday, according to
the Washington, D.C.-based National Retail Federation.
Video surveillance legal in Hoosier state, but beware lawsuits
Most states–Indiana included–have no law on the books banning video surveillance in homes or businesses. However, anyone
considering using a hidden camera should consider the potential to be sued under the state’s well-developed privacy law.
Internet sales of hidden ‘nanny’ cameras booming
Falling prices,
rising distrust persuade businesses and individuals to point lenses at the unsuspecting. Bonus: Our own video
surveilling the new tiny tech.
Traffic technology handy after propane tanker explosion
A complex system of signs along Indianapolis’ interstate highway system was pressed into action after a propane tanker exploded
in October near I-465 and I-69.
Haynes reports quarterly, fiscal-year losses
Kokomo-based Haynes International Inc.’s efforts to consolidate operations and reduce inventory could not keep it from losing $3 million in its fiscal fourth quarter, the company announced Monday.
Wind turbine maker adding 260 jobs in New Albany
California-based WindStream Technologies Inc. plans to locate a development and production facility at Purdue Research Park
of Southeast Indiana, creating more than 260 jobs by 2012.
Kentucky governor thinks chances slim for Harley plant
Earlier this year, the company eliminated Shelby County in Indiana from contention for the manufacturing facility.