Durable goods rise outside volatile transportation
The overall demand for durable goods fell 1.3 percent in August, the Commerce Department said Friday. But that was pulled down by a significant drop in orders for aircraft.
The overall demand for durable goods fell 1.3 percent in August, the Commerce Department said Friday. But that was pulled down by a significant drop in orders for aircraft.
Schlage’s purchase of the Georgia-based company’s division gives it immediate access to the decorative door hardware and lock market, the company said.
Production at U.S. factories grew in August for the 12th time in 14 months, but at a slower rate than earlier this year.
Customers intervened to keep inventor of bicycle reflectors, dryer vents from going out of business.
Military contracts have helped shore up sagging sales at University Loft Co., the furniture maker federal agents raided two
weeks ago. Still, University
Loft’s work force is almost 50 percent off its recent peak.
Carmel-based CPS Inc. is moving into an existing 64,800-square-foot building and will begin hiring in July.
Bill Simpson’s Impact Racing LLC reached an agreement Thursday with an industry-certification group that will allow the company
to continue selling race car safety gear made this year and last.
Stanley Black & Decker, based in New Britain, Conn., reported 2009 profit of $224 million. Its Indianapolis-based security
division, one of three segments, accounted for more than half those earnings.
Dorel Group wants to expand its development and production operations in Columbus, creating 98 jobs by 2013.
It’s hard to imagine an invention more commonly used than the light bulb. It’s a shame that by 2014 we probably
won’t be able to buy them anymore, at least not as readily as we do now.
An upstart audio products company with offices at Purdue Research Park at AmeriPlex has brought in big guns to launch sales.
Truss Manufacturing Co., a fixture along U.S. 31 in Westfield since 1959, in October changed its name to TMC Building Products
to emphasize its expansion into other supplies.
Two former Klipsch Group engineers plan to return to the market a brand of amplifiers famous among audio enthusiasts. Indy
Audio Labs, owned by Rick Santiago and Ted Moore, bought the Aragon and Acurus brands of amps, pre-amps and sound processors
from Klipsch and are planning a
2010 launch.
Mead Johnson Nutrition plans to spend nearly $33 million at a southwestern Indiana facility where it plans to start making
powdered infant formula products.
With a recent surge in overseas sales, Pure Air Systems is reaping the benefits of incorporating new technology into its product
line.
Even after a string of acquisitions, Dow AgroSciences is a bit player in the seed business. But the new genetically
modified corn it developed with St. Louis-based giant Monsanto Co. finally provides the breakthrough product that could grow
its seed sales substantially.
Since January, Heartland Distillers has turned out several small batches of its first signature spirit—Indiana Vodka—available at about 300 area retailers.
In a state steeped in advanced research that spawns biomedical companies by the dozen, Apricity LLC is preposterously low-tech,
given that its latest product is nothing more than a warm blanket.
The Indiana Recycling Coalition scored big in the just-concluded session of the Indiana General Assembly with the passage
of House Bill 1589, which requires that electronics manufacturers help pay for recycling of their old televisions and computer
monitors.
The electronics accessories unit of Audiovox Corp. in Carmel is gaining from the rise in antenna sales ahead of the June 12
switch to all-digital TV broadcasting.