FDA prepping long-awaited plan to reduce salt
Food companies and restaurants could soon face government pressure to make their foods less salty for health reasons.
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Interactive Intelligence seeks city tax breaks for expansion
Indianapolis is considering nearly $2.6 million in tax breaks over 10 years as an incentive for Interactive Intelligence’s planned $28 million investment.
Medtronic to acquire device maker Covidien for $42.9B
Medtronic Inc., the second-largest maker of medical devices, will be based in Ireland after the acquisition for tax advantages.
GM continues down recall road, now citing Camaros
The automaker is recalling nearly 512,000 Chevrolet Camaro muscle cars from 2010 to 2014 because a driver’s knee can bump the key and knock the switch out of the “run” position.
Pile of dirt standing in way of jet-engine plant
The dirt is left over from previous construction near the site at the Lafayette industrial park where GE Aviation intends to build a 225,000-square-foot plant.
BrightPoint capitalizes on tech trend: ‘wearables’
Officials at BrightPoint Inc.—a company once so tied to the cell phone industry it used the ticker symbol “CELL”—today speak as fondly of athletic bands as they do Androids.
East Coast firm snags long-time ExactTarget exec
The man who steered ExactTarget Inc.’s sales as they surged from $3 million to $110 million has taken a top job at a New York document-management company.
GM ignition-defect recall delay investigated by Indiana
General Motors Co.’s delayed decision to recall almost 2.6 million cars for ignition-switch defects is being investigated by Indiana Attorney General Greg Zoeller, a spokeswoman for his office said.
ConAgra expanding Indiana popcorn facility
ConAgra Foods says it will spend nearly $9 million to expand its popcorn production operations in northwestern Indiana, where it expects to add up to 80 workers in the coming year.
State excels in manufacturing and logistics, but issues loom
Indiana’s sectors are among the strongest in the nation, according to a recent report. But challenges remain in work force education, the cost of worker benefits, and the pace of innovation.
Faucet maker Delta changes presidents
Carmel-based Delta Faucet Co. has a new president after a pair of promotions by parent company Masco Corp., the companies announced.
Calumet acquires $25M stake in Louisiana plant
Calumet Specialty Products Partners LP plans to spend $25 million acquiring a 22-percent stake in a gas-to-liquids plant in Louisiana.
Lab software firm raises $8.5M, names new CEO
A San Diego venture capital firm has made a big bet on Indigo BioSystems Inc., which just installed its founder as the new chief executive.
Ivy Tech to offer new computing, informatics programs
Software development is among seven new tech-heavy subjects the community college will offer in its School of Computing and Informatics beginning in August.
Hotel app maker to shift HQ accommodations to Indianapolis
Dallas-based Yikes, which automatically handles most hotel transactions for consumers, is planning on ramping up operations and settling its main office in downtown Indianapolis.
ExactTarget execs: Expect smooth transition
Outgoing CEO Scott Dorsey wants to spend time with his four daughters, focus on mentoring young entrepreneurs, and maybe travel a little for leisure. His successor, longtime executive Scott McCorkle, plans to keep the company focused on email, even as the firm adds a broader suite of digital marketing services.
Heads roll at GM after investigation of defective switch
The automaker says 15 employees—many of them senior legal and engineering executives—have been forced out of the company for failing to disclose the defect linked to 13 deaths.
Merger forms $382M, Indy-based motorcycle parts company
Indianapolis-based holding company LDI Ltd. has tripled its motorsports employee count and broadened its national reach with a deal for privately held Motorsport Aftermarket Group.
Head in the cloud: Interactive ramps up software offerings
Interactive Intelligence Group Inc. will plow further into cloud-based computing—now a big driver of sales—with a new set of call-center services unveiled Tuesday morning.
Subaru starts building new SUV model in Lafayette
Factory workers gathered Monday to celebrate the first day of production on the 2015 model, which is among three Subaru vehicles built at the 3,600-worker plant.