Lilly Endowment gives Conexus $3.6 million grant
The advanced manufacturing and logistics advocacy group will use the grant for programs, outreach and research for the state’s largest industry sector.
Manufacturing
Articles
Indy Googlers curious about Robin Williams, twerking in 2014
The most-searched subject in central Indiana was the late comedian, but searchers also sought advice on kissing, faxing and sleeping.
Cummins would save $4.3M with distribution HQ tax break
Approval of the deal is essentially guaranteed, as Cummins and Indianapolis officials together have heralded the downtown project and its potential economic benefit.
Navistar closing local foundry with 180 workers
The foundry, located on the city’s east side at 5565 Brookville Road, produces engine blocks and heads. Navistar said the closure process will take place during the first half of 2015 and be completed in the summer.
Sun King to put limits on distribution to avoid state cap
Sun King Brewing Co. said it plans to quit distributing beer outside of the Indianapolis metropolitan area because it is close to hitting the state’s 30,000-barrel-a-year production limit at its downtown brewery.
Not-for-profits learn to tap into Twitter, rivals
A growing number of savvy charities are tapping into the viral power of social media, using popular platforms like Facebook and Twitter to connect with supporters and build awareness along with their spheres of influence.
Upstart advertising agency attracting national notice
The Basement boasts a client list that includes K-Mart, Kentucky Fried Chicken, Procter & Gamble, NCAA and Simon Property Group Inc. The firm’s year-over-year revenue in 2014 has grown at better than 25 percent, hitting $2 million.
After setbacks, Klipsch amps up focus on high end
The Indianapolis-based speaker maker is responding to challenges in its industry by returning to its roots—emphasizing premium products, including home speaker systems costing $2,500 to $10,000.
Chrysler plans $266M spending for Indiana plants
The Kokomo City Council voted unanimously Monday night to give initial approval for a 10-year property tax abatement to Chrysler. The automaker said the break would help it retain 212 jobs with a combined salary of $9.8 million.
Q&A: Cummins CEO says firm scoped 10 sites for unit HQ
Officials of the Columbus, Indiana-based company even toured the old GM stamping plant before selecting the former Market Square Arena site.
Growth-minded Vertellus buys Dow Chemical unit
Indianapolis-based chemical producer Vertellus Specialties Inc. has announced its second big acquisition in as many months, in a deal believed to be worth as much as $200 million.
GE Global Research to invest $10 million in Purdue
Among the goals of the partnership are to lower manufacturing costs, improve speed and drive innovation. The partnership also will create educational opportunities for Purdue students.
Local business leader Bill Mays dies at 69
William G. Mays, who built one of the nation's largest minority-owned companies and saved one of its oldest African-American newspapers, died Thursday in Indianapolis on his 69th birthday. “Indianapolis has lost a titan of industry and philanthropy,” Mayor Greg Ballard said.
Self-compacting garbage bin has myriad uses–thanks to Internet
Entrepreneur Grant Jenkins’ PowerBin can hold three times the amount of the average public trash bin, and can transmit data to municipal and other managers about when it’s full. It can also serve as a Wi-Fi hot spot, relay information about reported crimes, and display advertisements.
Geofeedia taps ExactTarget alums to head new Indy office
The fast-growing social media analytics company has opened a downtown office and chosen two locals to lead its product and sales divisions.
Cummins debuts design for 10-story downtown tower
Officials for the Columbus-based engine maker are planning a $30 million development, including 164,000 square feet of office space, a conference center, parking garage and lots of public greenspace.
Recreational vehicle industry picks up momentum
Employment among manufacturers, suppliers, dealers and service departments has bounced back since the recession. That’s good news for Indiana, which accounts for 83 percent of RV production.
Indy tech employers face vexing question on compensation
Central Indiana employers with open tech positions are having a tough time getting their interns to accept job offers. A new study questions whether the pay is adequate.
Order-fulfillment firm sells for $55M in cash
A publicly traded e-commerce firm has acquired Indianapolis-based Fifth Gear, a company with more than 500 employees that specializes in fulfilling consumer orders through catalogs and digital retail.
U.S. factory output slips a tad, but still healthy
U.S. factories were slightly less busy in November, as production and hiring slowed, although the level of activity remained strong.