Parts supplier NTN adding 115 jobs at Columbus plant
The Columbus-based company says the added work comes as sales have gone up for models it supplies. Ford, Toyota and Honda are NTN's three primary customers.
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Wayne County couple gives millions to area charities
Marlowe and Patricia Kluter of Richmond designated 13 churches, schools and charities to share more than $6 million from their estate.
IU locating art and design center in Columbus
IU President Michael McRobbie says the school wanted to locate the center in Columbus to take advantage of the Indiana city's unique architecture and commitment to the arts.
Lilly Endowment awards Purdue center $6.3M
A Purdue University-based institute that aids military families whose lives have been disrupted by a relative's deployment overseas has won a $6.3 million grant from the Lilly Endowment to boost its mission.
Chrysler to invest another $85M in Kokomo plant
Chrysler Group LLC said Tuesday it plans to invest an additional $85 million in its Kokomo transmission plant. The money is in addition to the recently announced $1.2 billion investment in other facilities in the north-central Indiana city.
Biomet owners look to arrange $11B marriage
Warsaw-based Biomet Inc. could get a whole lot bigger if rumors prove true that its owners have made a bid for U.K.-based rival Smith & Nephew plc.
Abound Solar completes financing for Tipton plant
Company closes on a $400 million federal loan to help it take over the empty Getrag plant on U.S. 31 near Kokomo, where it wants to hire as many as 1,000 workers. The plant was acquired for $25 million.
TJX closing South Bend facility, cutting 725 jobs
More than 700 workers will lose their jobs when an A.J. Wright distribution center in South Bend closes next year as part of as a national consolidation by parent TJX Cos.
IU’s health care budget could be $25 million short
Indiana University’s board of trustees has learned that the school’s health care budget is $24.9 million short of projected expenses in 2011-12.
Clarian Health looks to scoop up White County hospital
The Indianapolis-based hospital system’s board of directors could vote to acquire the 25-bed hospital as early as next week, but might put off a decision till February.
Refinancing boosts Bioanalytical Systems
Shares of the West Lafayette-based pharmaceutical-services firm soared after it wriggled out from under a $1.3 million loan that was due in February.
Auto industry bailout pulls Kokomo back from brink
Kokomo's fortunes have been entwined with the auto industry since 1894, when Elwood Haynes invented one of the first automobiles in the United States there. Since the 1930s, when then-Delco (later Delphi) located there, followed by General Motors and Chrysler, the auto industry has been the town's bread and butter.
Indiana Limestone sold to Ohio company
A Cleveland-based private equity firm called Resilience Capital Partners has purchased Indiana Limestone Co. from Johnson Ventures. Terms were not disclosed.
Printpack closing 230-worker Greensburg plant
More than 200 workers will lose their jobs when packaging materials maker Printpack Inc. will close its Greensburg plant early next year, the company said in a notice filed this week with the state Department of Workforce Development.
Sale of Tipton plant to solar company delayed
Abound Solar's deal to take over the unfinished Getrag factory in central Indiana has been delayed, although the company doesn't expect changes in its plans.
Irwin Financial trustee poised to sue insiders
Court papers reveal officers and directors of the holding company for the failed Columbus-based bank will soon be defendants in a $40 million suit.
Hulman family plans oil drilling near Terre Haute
The Vigo County planning commission on Wednesday approved zoning changes to allow drilling on about six acres owned by the Grace Hulman Real Estate Trust and Anton Hulman Jr. Real Estate Trust.
Manufacturer plans to hire 40 in Portland
Fort Recovery Industries Inc., an Ohio-based aluminum and zinc die cast hardware manufacturer, said it plans to create the jobs by locating a manufacturing plant in the northeastern Indiana city.
Sallie Mae consolidation bringing 350 jobs to Indiana
Student-loan giant Sallie Mae will consolidate operations in Indiana as part of a company-wide restructuring, creating about 350 jobs at its existing facilities in Fishers and Muncie.
Former IU tech-transfer chief: State isn’t competitive enough
Mark Long was president of the Indiana University Research & Technology Corp., which was responsible for the university’s tech transfer, before launching a consulting firm, Long Performance Advisors, in 2008.