The Columbus-based engine maker says having an expanded presence in Indianapolis through its $30 million-plus global distribution headquarters should help the company recruit talent that prefers urban life.
This is the second capital raise for ClearScholar, which runs an app for college students that aims to be a primary digital destination for school information.
Demand may be slowing, but U.S. consumers still bought a whole lot of cars and trucks in 2016.
Republic, which makes hollow metal doors and frames, had sales of $20 million in 2015.
Ford is canceling plans to build a new $1.6 billion factory in San Luis Potosi, Mexico, and will instead invest some of that money in a U.S. factory that will build new electric and autonomous vehicles.
BSN Sports LLC plans to spend $2.4 million to improve its sportswear production facility on the city’s northwest side.
The industry has since shown resiliency. The county had an unemployment rate of 3.3 percent this year, and potential customers have more disposable income.
TechPoint CEO Mike Langellier spoke with IBJ about his group’s evolution, his interest in the internet of things, and why elected officials are increasingly paying attention to tech.
The Japan-based automaker is in the midst of a U.S. sales boom—and the company’s Lafayette auto plant is racing to keep up.
The issue got even more national attention when Donald Trump incorporated criticism of the layoffs into his presidential campaign, using Carrier as an example of what’s wrong with American trade policy.
The Allison board plans to consider internal and external candidates to replace Lawrence Dewey, 60, who has served as Allison’s top executive since 2007.
The school’s program already has recommended $11 million in savings for more than 75 companies since 2011.
Certain companies don’t like committing to the usual five-year-or-longer leases, because they’re not comfortable predicting how much space they’ll need that far in the future.
Matt Tait, the CEO and co-founder of Füdē, plans to use artificial intelligence to help restaurants personalize the messages they send customers.
Eleven Fifty Academy is wrapping up a program in Kentucky that involves teaching former coal miners how to code. Its president is considering replicating the classes elsewhere.
BidPal said it plans to use the funds to “significantly accelerate product development” and “expand marketing and sales efforts.”
The gift is the largest to the IU School of Medicine by an alumnus. The medical school will use the money to establish the Brown Center for Immunotherapy to fight some of the world’s toughest diseases.
An Italian company planned to create 450 jobs when plans for its Muncie factory were announced in 2008, but it never employed more than about 60.
President-elect Donald Trump tweeted Sunday that costs for the F-35 fighter-jet program, the Pentagon’s most expensive weapons system, are “out of control.” The Indianapolis operations of Rolls-Royce are significantly involved in the F-35 program.
Connecticut-based United Technologies, the parent firm of Carrier Corp., said in a statement that its plans to send 700 Huntington jobs to Mexico haven’t changed.
