European tech giant eyeing Indianapolis for U.S. HQ
Emarsys, a digital marketing company, is looking to establish a North American headquarters soon, and Indianapolis is on its short list, sources told IBJ.
Manufacturing
Articles
Purdue starts construction on $50M materials research facility
Purdue officials said the facility will support research focusing on development of lighter-weight composite materials that can be used in aerospace, aviation, automotive, energy and sporting equipment.
Durable goods orders make another monthly retreat
Orders to U.S. factories for long-lasting manufactured goods fell in May, pulled down by a sharp drop in demand for aircraft. But a category that reflects business investment rose, a hopeful sign for manufacturing.
Auto parts maker plans 115-worker Plainfield warehouse
California-based Spyder Auto, which makes fog lights and other aftermarket products, said it will invest $5.2 million to buy a vacant building and turn it into a logistics and distribution center.
Cummins among winners in U.S. truck efficiency plan
U.S. regulators have delivered a victory for engine makers such as Indiana-based Cummins Inc. in a battle over greenhouse-gas emissions regulations for heavy-duty trucks.
Local Adidas plant expects no letup after NBA deal ends
The east-side apparel factory could lose about one-fourth of its business when its NBA contract expires in 2017, industry experts said. But Adidas officials are confident there will be no layoffs to the local staff of 1,100.
Indiana high schoolers head to factories for internships
More than 80 budding engineers will build and work with machines as part of a new program designed to give students experience in manufacturing.
AT&T vows to fight $100 million fine from FCC
AT&T Mobility LLC has been slapped with a record $100 million fine for offering consumers "unlimited" data, but then slowing their Internet speeds after they reached a certain amount.
Barge builder embraces stability
American Commercial Lines is revamping its Ohio River shipyard and sprawling inland logistics business under its newest owner.
Bluebridge secures $2 million in venture funding
The equity round, led by Carmel-based Allos Ventures and St. Louis-based Cultivation Capital, is the third round of financing for the company in less than a year.
Coding academy, consulting firm plans Carmel expansion
Eleven Fifty, the Carmel-based coding academy and consulting firm, has committed to hiring 92 people in exchange for a state incentive package worth more than $1.3 million, Indiana economic development officials announced Tuesday.
U.S. factory output down in May, hurt by oil refining cuts
Manufacturing has been hurt the stronger dollar, higher oil prices reducing equipment orders and activity at refiners, and previously by cold winter weather at the start of the year.
Noblesville foundry plans to ramp up workforce by 400 jobs
Ohio-based company ID Castings LLC previously announced plans to invest $51.4 million to overhaul the former Noblesville Foundry on South Eighth Street, resurrecting a property that has been underused for years.
EPA seen siding with engine makers in truck efficiency rules
The Obama administration is poised to deliver a victory to engine makers at the expense of truck manufacturers such as Cummins Inc. in the next stage of the U.S. government’s plan to tackle climate change.
Federal data hack far bigger than originally thought
Already considered one of the largest thefts of U.S. government personnel data in history, investigators now estimate that it may include data on as many as 14 million people, including every federal employee.
Fix-it man keeps typewriters clacking
Terry Vorten witnessed firsthand the death throes of a once-world-beating analog technology—the typewriter. Its destruction turned his lucrative profession repairing the machines into an anachronistic cottage industry.
Hoosier manufacturers see big need to expand worker pipeline
Speakers at an IBJ breakfast on manufacturing and logistics said the public and private sectors must do more to get students thinking about manufacturing as a career and encouraging them to pursue the training they need to succeed in the field.
PPG Industries buying Indiana coatings manufacturer
The former Indianapolis Varnish Co. had sales last year of more than $100 million. IVC has more than 300 employees at five manufacturing plants in Indiana, Michigan, Georgia, Arizona and China.
Sealing manufacturer plans $20 million expansion
Manufacturer Freudenberg-NOK Sealing Technologies plans to spend $20 million to expand its plant in Morristown, creating up to 75 jobs by the end of 2019, the company said Thursday morning.
Indiana medical software company says networks hacked
A medical software company is notifying patients of the health care providers it serves—including Franciscan St. Francis Health in Indianapolis—that their private information may have been exposed when its networks were hacked.