Revenue, profit on rise for Interactive Intelligence
Indianapolis-based business software firm Interactive Intelligence on Monday reported higher third-quarter profit on
record revenue of $33.2 million.
Manufacturing
Articles
A harrowing tale of decline
Telling a story about a company and a union that both feared the future, and fought to a bitter draw.
Vincennes plant hiring 150 to make glass for military
Schott North America plans additional production at its southern Indiana factory after winning a contract to make specialty
glass for military vehicles.
Steel Dynamics third-quarter profit falls 64 percent
Steel Dynamics Inc. posted a third-quarter profit of $69 million, its first gain after three straight quarterly losses.
GM invests $364M, adding 230 jobs in Marion
General Motors Co. says it’s investing $364 million in its Marion Metal Center in Indiana and will employ about 230 workers
transferring from plants in Michigan and Ohio.
Carmel entrepreneurs with ties to ExactTarget hope SmartFile outshines competitors
File-hosting firm is launching new security software that could set it apart in a crowded field.
Survey: Manufacturers optimistic about economic recovery
Indiana manufacturers, many of which have suffered major job losses, are optimistic the economy will rebound next year,
according to an annual survey commissioned by Katz Sapper & Miller LLP.
Interactive Intelligence expects 3Q profit, revenue growth
Communication software maker Interactive Intelligence Inc. said Monday that, based on preliminary results, it expects to report
that third-quarter earnings rose as product and services revenue climbed.
Iconic Hummer brand sold to Chinese manufacturer
Hummer, the off-road vehicle that once epitomized America’s love for hulking trucks, is now in the hands of a Chinese heavy
equipment maker.
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.
ALTOM: Is it worth tracking employees and their vehicles?
Employees often react badly to, as they see it, being followed around. There are even privacy laws to consider.
Accuride restructuring under Chapter 11 bankruptcy
Evansville-based Accuride Corp. filed for Chapter 11 bankruptcy protection Thursday as part of a restructuring of debt.
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.
Cummins recalling more workers to Indiana engine plant
Enginemaker Cummins Inc. is temporarily adding a second production shift at its MidRange Engine Plant south of Columbus, recalling
as many as 270 workers who had been laid off or transferred to other facilities when it was idled in May.
Caterpillar plans about 100 layoffs at Indiana plant
Caterpillar Inc. plans to lay off about 100 workers from an Indiana engine plant where it has already cut hundreds of jobs.
Delphi emerges from Chapter 11 after 4 years
Auto parts supplier Delphi finally exited bankruptcy protection on Tuesday nearly four years to the day it filed for Chapter
11.
IT consultant up for tax abatement
A city board this week will consider tax abatements worth about $47,000 over six years for Indianapolis-based IT consultant
Apparatus Inc., which is moving its headquarters to the former WFYI building at 1401 N. Meridian St.
Rolls-Royce and health care reform
Rolls-Royce, the British jet engine maker, isn’t taking a position on health care reform, but let’s drag them into it, anyway,
because Rolls-Royce’s business model might interest the crowd advocating for reform via market forces.
Connersville progresses on Carbon Motors deal
Connersville Mayor Leonard Urban says the city soon will clear legal and environmental hurdles that stand in the way of Carbon
Motors’ launching its operations in the former Visteon plant.
UPDATE: Hurco exec getting $500,000 exit package
James D. Fabris, who is leaving Hurco Cos. Inc. at the end of the month following a long management tenure, will receive an
exit package worth more than $500,000.