Calumet Specialty suffers loss on falling sales
Calumet Specialty Products Partners L.P. this morning reported a loss of $26 million in the second
quarter due to high crude oil prices and flagging product demand.
Manufacturing
Articles
Dow Chemical seems poised to keep AgroSciences
Midland, Mich.-based Dow Chemical Co. is still considering divesting Indianapolis subsidiary Dow AgroSciences LLC. But
chances that the chemical manufacturing giant will sell its local agricultural chemical and biotech unit appear to have decreased.
Lilly software spinoff Maaguzi sells for $11 million
Investors in a company built around clinical research software bought from Eli Lilly and Co. have found their exit, though
it’s far from the lucrative payoff they’d once imagined.
Mobile search engine faces test
ChaCha Search, the increasingly popular creation of serial inventor Scott Jones, was bombarded last month
after early reports that Michael Jackson had died.
SURF THIS: Been avoiding Twitter? Time to reconsider
"Do you tweet?" The answer for you (and your business) needs to be, “Yes, I do.”
ALTOM: A voice of reason amid the craze over social media
Now there are hordes of Web sites in every industry,
for every region. If you use your site to attract business, you’re a snowflake in the world’s biggest blizzard.
Muncie manufacturer Duffy calling it quits
Duffy Tool & Stamping LLC in Muncie has notified the Indiana Department of Workforce Development
that the company will close its plant by the end of October. Roughly 130 workers will lose their jobs as a result
of the closure, Duffy said in its July 27 filing.
Cummins’ stock rises despite lower revenue, profit
Cummins Inc.’s stock jumped more than 6 percent in morning trading after its quarterly results
beat analyst estimates.
Carbon Motors chooses Connersville
Carbon Motors this morning officially selected Connersville for its proposed headquarters and manufacturing operations.
UPDATE: Carbon Motors chooses Indiana
Carbon Motors this morning officially selected Connersville for its proposed headquarters and
manufacturing operations.
Carbon Motors has chosen Indiana, official says
A rally this morning in Connersville originally intended to help persuade a police car manufacturer
to locate a major factory there appears to be a celebration party.
125 workers at Indianapolis GM plant take buyout offer
More than 125 people at General Motors Corp.’s metal-stamping plant in Indianapolis have signed up for buyouts or early-retirement
packages that are worth as much as $115,000 in cash per worker, a union official said this morning.
Time Factory will challenge Shutterfly, Flickr for Web photo market
Indianapolis calendar publisher Time Factory Publishing is launching a Website to compete with photo sharing and publishing
sites Shutterfly and Flickr.
Battered manufacturing towns hungry for food processors
Economic development officials like the stability of the food business, though wages typically are mediocre.
Automotive industry’s fall dilutes manufacturing jobs
The fact that Indiana is shedding manufacturing jobs is well-known, but you can thank a neighbor to the north for keeping track of every last one. The Milwaukee Journal-Sentinel reported recently that Wisconsin had taken the top spot, ahead of Indiana, in terms of the portion of employment in manufacturing—15.6 percent, versus Hoosiers’ 15.4 percent.
ALTOM: Technology moves too fast for law to keep up
Technologists don’t usually give the law a basketful of respect. From our point of view, the law is struggling frantically to stay within a hundred yards of our bleeding edge. By the time the law gets around to speaking on a technical subject, the subject may not even exist anymore.
Brightpoint prices offering of 15 million shares
Wireless device distributor Brightpoint Inc. said today it has priced 15 million shares of a previously announced stock offering
at $5 each.
Health care marketers taking the pulse of consumers’ online habits
Health care marketers can adapt to, and even use to their advantage, the online search habits of consumers.
Understanding when and why people search for specific health-related terms is vital to attracting more
visitors (i.e. patients) to a Web site.
Connersville a finalist for police-cruiser plant
Connersville is among three finalists in the running to produce a new police cruiser that runs on clean diesel and biodiesel
technology.
Interactive Intelligence expects higher profit
Interactive Intelligence said yesterday it expects a profit of between $1.8 million and $2.5 million in the second quarter,
up from $845,000 the company earned in the same period last year.