Hurco turns quarterly profit on higher revenue
The Indianapolis-based manufacturer received a $4.5 million bump in sales from the businesses of Milltronics Manufacturing and Takumi Machinery Co., which Hurco acquired in July 2015.
Manufacturing
Articles
CTS to end production at Indiana HQ, cut 230 jobs
CTS said the end of Elkhart production is part of a corporate-wide simplification strategy dating to 2013.
Ardagh Group’s glass division headquarters moving to Fishers
Ardagh Group’s glass-packaging division, which employs more than 200 at its Muncie headquarters, plans to relocate most of those jobs to Fishers by the end of the year.
Industries focus on connecting with students to attract workers
While Indiana scores highly in terms of the overall health of its manufacturing and logistics sectors, a report released Thursday indicated that workforce development is still a key concern.
U.S. auto sales show signs of slowing after long run up
Sales of cars, trucks and SUVs fell 6 percent last month, to 1.54 million, according to AutoData Corp. It was the biggest monthly drop in nearly six years.
Growing Broad Ripple software firm changes name
Fathom Voice, which sells cloud-based call-center-management software, rebranded itself as Sharpen, company officials announced Wednesday.
Obama to find Indiana county still dependent on RV industry
When the president returns to the city of Elkhart on Wednesday, he will find the area remains heavily dependent on recreational vehicles and still striving to diversify its economy.
Michigan company to expand in Indiana, hire up to 147
Spartan Fleet Vehicles and Services announced the plans Tuesday to invest $10.9 million to increase production of walk-in vans, parcel delivery vans, truck bodies and other items.
Driverless future ahead for trucking?
Automated trucks initially will have drivers on board in case something goes wrong, a similar model to the one employed by airlines (pilots’ role in the cockpit is mostly precautionary since planes can run on autopilot).
Bob Compton helped plant seeds of now-flourishing local tech community
Bob Compton invests in documentary films today, but in the 1980s, 1990s and 2000s, he helped fund firms like Software Artistry, Interactive Intelligence, Aprimo, ExactTarget and TinderBox.
Program aims to mend souls, create art
Purposeful Design’s high-end furniture is produced by a cadre of men who were formerly homeless, or substance abusers, or both.
Sensory Technologies removes barriers to effective long-distance conferencing
The technology designer customizes software and hardware made by other companies, making it hands-on and user-friendly for clients.
Carmel whiskey business lands $7.5 million in funding
Beach Whiskey LLC, led by beverage entrepreneur J. Smoke Wallin, announced Thursday it has snagged enough financing to begin selling its product in California, Florida and Hawaii.
BROWN: Don’t stand still as change whizzes by
Embracing change and disrupting yourself isn’t easy, and sometimes it’s not much fun. But it may be better to try to ride the tsunami than to outrun it.
JONES: ChaCha was a great idea that ran out of money
I still believe my decade-old vision is sturdy and world-changing, because even the best computers and algorithms are still able to answer only about 60 percent of the random questions asked by on-the-go people, doing real life.
U.S. durable goods orders up, but business investment slips
A key category that tracks business investment fell for a third straight month, a sign that manufacturing remains under stress.
RAY: Let’s close the gap for women in tech
The root of the problem is the lack of computer science education in our schools.
Toyota marking 20 years since work started on Indiana plant
Toyota says the factory has produced 4.3 million vehicles, including Highlander and Sequoia SUVs and Sienna minivans.
Pence asks feds to investigate China steelmakers’ actions
Indiana Gov. Mike Pence is urging the federal government to investigate complaints by U.S. Steel that China is violating international trade laws.
Diversified Machine plant to cut 500 jobs in Indiana
A Michigan-based auto parts company plans to cut about 500 jobs at its manufacturing plant in Indiana beginning Monday.