Trump threatens payback for U.S. companies that move abroad
President-elect Donald Trump is threatening to impose heavy taxes on U.S. companies that move jobs overseas and still try to sell their products to Americans.
Manufacturing
Articles
Trump claims victory at Carrier, but many manufacturing battles remain
Union workers and economists say pressuring individual factory owners won’t save U.S. manufacturing jobs lost to economic forces that are beyond the control of companies or the president.
Appirio donates tech skills to African charity
On Giving Tuesday, Appirio employees redesigned an education charity’s website that hadn’t been updated since 2010.
Return Path trims jobs in Indy, elsewhere
The New York-based tech firm, which established an office here in 2015, announced companywide jobs cuts earlier this week, some of which have hit locally.
Entrepreneur rents special-occasion children’s clothing online
Emma Hostetter’s business generated $100,000 in revenue in its first year—without an actual website. She has one now, and it’s about to get an e-commerce component.
UPDATE: State pledges $7M in incentives to Carrier as it retains some Indy operations
Under a deal with Indiana officials, Carrier Corp. plans to keep hundreds of manufacturing jobs in Indianapolis and upgrade its facility for gas furnace production.
Huntington plant looks to be left out of Trump’s Carrier deal
A 700-worker factory in northeastern Indiana facing closure doesn’t appear to be part of a deal President-elect Donald Trump struck with its parent company to keep hundreds of jobs at an Indianapolis plant.
Analysis: Trump uses Carrier, Ford to send message to manufacturers
President-elect Donald Trump is reviving the persuasive art of “jawboning” as he uses the bully pulpit to strong-arm straying manufacturers. But for how long will it be effective, and is it in the long-term best interest of the economy?
Manufacturing in U.S. expands at best pace in five months
Eleven of 18 industries surveyed by the Institute for Supply Management posted growth in November, including petroleum, paper, plastics and computers and electronics.
Experts: Don’t get too excited about Carrier deal’s broader impact
President-elect Donald Trump’s job-retention deal with Carrier Corp. could have symbolic value, some business and economic experts say, but isn't likely to alter long-term manufacturing trends.
Mutz: State to offer Carrier incentives, but other factors played bigger role
Carrier Corp. was motivated to retain 1,000 manufacturing jobs in Indianapolis by a state incentive package and the possibility of losing a “favorable relationship with federal contractors,” according to a prominent IEDC board member.
Toyota Material Handling to hire more workers in Indiana
Toyota Material Handling USA Inc. said it plans to add up to 71 workers by the end of 2019 at its facility in Columbus.
‘Flexible’ lease space for tech firms to open downtown next year
A group of real estate investors have made a $10 million bet that they can sell leases in with terms as short as one year to adolescent tech companies.
UPDATE: Carrier strikes deal with Trump to keep 1,000 jobs in Indy
President-elect Donald Trump and Vice President-elect Mike Pence plan to be in Indianapolis on Thursday to detail the deal.
With deals offered early, Cyber Monday may lose online sales title
The Monday after Thanksgiving is traditionally the busiest online shopping day, but stores are releasing internet deals earlier, stretching them through the week, as well as making them available in stores.
Madison County taking steps to avoid another computer system hack
County staffers have worked many hours of overtime restoring links between the computer software and county files that were broken in the hacking attack on Nov. 4.
Union leader not optimistic Trump can save Carrier jobs
United Steelworkers Local 1999 president Chuck Jones said Friday that he doesn't want the plant's workers to get their hopes up, but said "some hope is better than none at all."
Trump tweets that he’s ‘making progress’ on keeping Carrier in Indy
The company, which has announced plans to move 1,400 jobs from Indianapolis to Mexico by 2019, confirmed Thursday it has had discussions with president-elect Donald Trump’s incoming administration.
Cybersecurity, big data top priorities for state’s IT chief
Dewand Neely recently spoke with IBJ about cybersecurity, the innovation his office is driving, and being one of only a few African-American state government CIOs in the country.
Bluebridge sells 2 subsidiaries for $8M to focus on Emplify business
Fishers-based Bluebridge plans to begin operating under the Emplify name after selling its church and tourism app business units in separate transactions.