Sun King seeks $100K tax break on expansion plans
The brewery is embarking on a project that will enable it to nearly double production and begin distributing throughout Indiana.
Manufacturing
Articles
Finish Line gets banged up in new e-commerce study
A report from the investment firm Credit Suisse analyzed the e-commerce capabilities of Nike, Finish Line and Foot Locker and found Nike is far and away the leader.
Coveted cloud consultancy Appirio shuns talk of sale
Appirio Inc., a global cloud-consulting firm that transplanted to Indianapolis last year, might soon get a few acquisition offers. A wave of buyouts has swept through the so-called “cloud services” sector in recent years, including International Business Machines Corp.’s deal on March 31 to acquire Bluewolf Group LLC for $200 million. Appirio is one of […]
Nameless Catering is darling of tech world
Nameless is the only caterer Eleven Fifty coding academy uses. It's also the preferred Vendor for Verge, The Speak Easy, Launch Fishers, DeveloperTown and Dreamopolis.
New law paves way for Indiana to fully embrace telemedicine
On July 1, Indiana will join 46 states in allowing physicians to write prescriptions after talking to patients on their laptops or smartphones, with no office visit required.
Workforce challenges a drag on aviation, aerospace industries
A surge of people retiring from the fields has created a talent shortage, and recruiting and training enough workers remain vexing challenges for companies, according to executives at an IBJ event Thursday.
Cummins’ shares surge to six-month high amid oil rise
Cummins Inc.'s stock climbed after CNBC’s Jim Cramer cited the maker of heavy-duty engines as a potential gainer from a rally in oil and commodities.
Businesses cut back on stockpiles as sales fall again
U.S. business inventories dropped 0.1 percent in February, matching the decline in January, the Commerce Department reported. Sales fell 0.4 percent in February after an even bigger decline in January.
Lawmakers seek clearer definition of recreational vehicles
The federal government has been considering regulating certain park model RVs as manufactured housing, which RV makers said could have meant more restrictive taxing, zoning and consumer lending rules.
New manufacturer for boating, RVs to take root, hire 198
Indiana Composites, a fledgling maker of fiberglass components for the boating, RV and specialty vehicle markets, plans to buy, renovate and equip a 75,000-square-foot manufacturing facility.
Two women allege discrimination at Salesforce’s Indy offices
Two women filed separate suits against the tech giant, which employs about 1,400 in Indianapolis, claiming the company passed over them for promotions on multiple occasions due to their race and gender.
UPDATE: City claws back $1.2M from Carrier to assist workers
The money recovered from Carrier Corp. and its parent firm equals the amount the city provided in tax incentives in 2011. The company also has returned $380,000 to the state.
Highly skilled manufacturing likely to stay in U.S. but other jobs less safe
Proprietary manufacturing jobs—such as those in the aerospace, automotive and life sciences sectors—are likely to even grow as employers seek talent and quality control. But lower-skilled basic production work is on its way out to international markets like China, India and Mexico, where wages are a fraction as expensive.
Troubled food-additives maker ending local operations
Sensient Flavors LLC, which battled regulators for years over safety issues, plans to permanently close its plant at 5600 W. Raymond St., ending employment for 86 local workers.
CloudOne raises $9M to fuel growth in ‘Internet of things’
The Fishers-based company, which helps manufacturers manage their Internet-connected products, now has raised about $21.9 million since its inception in 2010.
New state program spending $22M to boost job training
Several central Indiana groups already have received millions of dollars from Skill UP to give students and workers the training they need to fill jobs that are in high demand.
U.S. auto sales headed for best month in 10 years
The increases showed that Americans are still buying cars and trucks in big numbers, despite predictions by some analysts and dealers that sales have peaked.
IU biochemist helps craft brewers overcome costly challenge
Matthew Bochman has come up with a cure for “terminal acid shock,” which affects small and midsize commercial breweries making the popular Belgium-type beers known as sours.
Meth law opens door for fledgling drugmaker
A small manufacturer angling to pick up more business in Indiana makes cold and allergy medicine resistant to being abused by methamphetamine makers.
Local firms catch podcasting bug
Growing ranks of Indianapolis-area companies have launched podcasts in recent years, capitalizing on lower barriers to entry and swelling listenership.