Avoiding Accidental Franchise Pitfalls
Most people think they know a “franchise” when they see one—McDonald’s, Subway, 7-Eleven, Anytime Fitness, to name a few. However, there are some franchise relationships that are not so obvious. Many business relationships, including those in manufacturing and distribution, could easily become “accidental” franchises if companies are not careful.
'Major' Transportation Announcement Planned
A special transportation announcement is scheduled Tuesday morning in Lebanon. Indianapolis-based Duke Realty Corp. (NYSE: DRE) says the news conference will address the expansion of transportation and logistics options in central Indiana. Representatives from CSX Transportation, Duke Realty, the City of Lebanon, and the Boone County Economic Development Corp. will be in attendance.
Richmond Bags Blue Buffalo Boon
Connecticut-based Blue Buffalo Pet Products (Nasdaq: BUFF) has big plans in Wayne County. The company says it will invest more than $100 million to build a production and distribution facility in Richmond and create up to 165 jobs.
President Obama Returning to Elkhart
President Barack Obama next week will return to the first city he visited as president. Obama says he will visit Elkhart next Wednesday to discuss economic growth, saying, "The story of Elkhart's recovery is the story of America's recovery."
SIA Ready to Address Work Force Challenge
The executive vice president of Subaru of Indiana Automotive Inc. in Lafayette says it is "certainly going to be a challenge" to fill the large number of positions coming from this week's expansion announcement. Tom Easterday says ongoing training partnerships with Purdue University, Ivy Tech Community College and Vincennes University will help train candidates for the 1,200 new openings created by the $140 million expansion.
Manufacturer's Growth Plans Move Forward
The Marshall County Council has approved tax abatement for a manufacturer's expansion plans. Faulkner Fabricating Inc. is looking to invest more than $1.5 million to upgrade its building and equipment and add a small number of jobs. Faulkner supplies...
Companies Planning Growth in Indianapolis
Five companies have announced plans for a combined $31 million in growth in Indianapolis. The projects range from a housing and retail development to a major dairy facility expansion. All will go before the Metropolitan Development Commission Wednesday for...
ISU Students Build Drones Using 3D Printer
A recent project at Indiana State University married two of the hottest trends in today’s manufacturing and logistics industry: drones and 3D printing. A group of seniors studying manufacturing engineering used a cutting-edge 3D printer to build two drones, technically called Unmanned Aerial Vehicles (UAVs). Unlike years past...
Lippert, Furrion Ink Distribution Agreement
Elkhart-based Drew Industries Inc. (NYSE: DW) has entered into a six-year, $11 million agreement with another local company. The deal with Furrion Ltd. gives subsidiary Lippert Components Inc. the right to distribute its...
Transportation Company Expands in Clark County
Louisville-based A&R Logistics Inc. is expanding operations in Jeffersonville. The transportation company says the move will create more than 30 jobs by 2018.
Delta Faucet Growth on Tap
Delta Faucet Co., headquartered in Carmel, will break ground on a $17.5 million renovation and expansion later this summer.
NTN Driveshaft Has Big Plans in Anderson
Columbus-based NTN Driveshaft is considering bringing a $129 million production facility to Anderson, which could result in around 450 jobs.
AM General Scores Another Production Deal
After a series of layoff announcements last year, South Bend-based AM General LLC has recently been on a roll. The manufacturer has secured a $373 million military contract involving Humvee sales to multiple foreign governments.
Study: Manufacturing Job Totals Continue to Climb
A report from a national trade publication suggests manufacturing employment has risen in Indiana four straight years.
Supply Chain and Logistics 101: Companies Connect with Undergrads
“Driving a forklift in a warehouse” and “moving stuff with trucks”—that’s how the average college student describes logistics and supply chain management, say two Indiana business executives. Two Indianapolis-based companies—Allison Transmission and Backhaul Direct—are boosting efforts to connect with college students, spark their interest in logistics and supply chain careers, and ideally, groom future employees. Both operations are gain...
Fort Wayne Company Rides RFID Wave
Logistics is often described as a “just in time” industry, meaning it centers on getting the right thing to the right place at the right time. But RFID and tracking technology company Northern Apex says the hardest of those factors to accomplish is the right “thing.” The small Fort Wayne-based company has been helping businesses add efficiency to their supply chains since 1994, tracking the movement of all those “things.” It’s now riding the wa...
Legislature Maps Out Road Funding, Mulls Long-term Issues
Although legislators solidified Indiana’s transportation budget during the 2015 Session of the Indiana General Assembly, many note uncertainty looms in the future. While some Republican legislative leaders expressed disappointment about funding levels approved for construction and expansion projects, the bigger concern is a long-term issue: how to pay Indiana’s transportation bill for the long haul.Lawmakers boosted infrastructure funding for state and local roads by more t...