
updated: 3/9/2010 4:34:39 PM
CEVA Logistics has decided to shut down operations in Plainfield at the end of June, leaving approximately 250 people out of work. Our partners at Network Indiana/WIBC report Town Manager Rich Carlucci received the notice through a letter from the Indiana Department of Workforce Development. The job cuts are expected to begin in late May.
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updated: 3/9/2010 2:30:34 PM
Delta Faucet Co. continues to make cuts at its Greensburg plant. A company spokesperson told the Greensburg Daily News it is moving its machining department to another facility in Jackson, Tennessee, resulting in 40 Hoosier job losses. Last May, Delta eliminated roughly 265 jobs in Greensburg, while the Jackson operation added about 200.
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updated: 3/9/2010 3:45:29 PM
The state will release jobless numbers for January on Wednesday. The Indiana Department of Workforce Development says the unemployment rate for December was 9.9 percent, up slightly due to a drop in construction employment and an increase in the number of unemployment claims.
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updated: 3/9/2010 3:40:33 PM
Indiana has joined 34 states and the Federal Trade Commission in an agreement with an identity protection company accused of misleading advertising. LifeLock Inc. will make $11 million available to customers in restitution. Indiana Attorney General Greg Zoeller's office says the joint enforcement involved in this case is unprecedented.
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updated: 3/9/2010 4:46:23 PM
An Indiana health care management and solutions company has closed on its initial round of outside fundraising. PolicyStat LLC says the $1.15 million raise includes investments from 31 angel investors at the Hoosier Angels Looking for Opportunities (HALO) Capital Group. HALO says it has no invested $12.5 million in Indiana companies in the last 20 months.
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