Subaru of America Inc., which markets and distributes models made by Subaru of Indiana Automotive Inc. in Lafayette, is reporting the best May sales in the history of the company. The automaker says the month also marked the best May ever for the Outback model, which is made in Tippecanoe County.
In all, Subaru of America is reporting a 7.2 percent sales increase compared to May 2018, which it says makes 78 consecutive months of yearly month-over-month growth. It also marks 51 consecutive months of more than 10,000 Outbacks sold.
Year to date, the company is reporting sales of 263,019 vehicles, which is a 4.1 percent increase over the same period last year.
SIA in Lafayette also produces the Legacy, Impreza and Ascent models. SIA began Ascent production last month. The growth sparked a $140 million investment at the plant along with plans to create up to 200 jobs.
By Raquel Richardson Practice Lead, Centric Consulting
There was a time, and perhaps you’re still living in it, where marketing is expected to drive sales leads, conversations, magically help close deals, and all sorts of expectations a marketing team can never meet. This period exists because there is a misalignment in those expectations of what marketing should do and what sales should do. I like to start with the basics. Is your company providing a product or service? Is it easy to sell? Is it cheap? Do your customers buy once?
A proposal to transfer Valparaiso University's law school to another university has been shot down. The Tennessee Higher Education Commission has denied the transfer to Middle Tennessee State University, which would have led to the creation of a College of Law at the school.
A defense industry contractor with a significant presence in Fort Wayne has announced a merger agreement. Florida-based Harris Corp. (NYSE: HRS) and L3 Technologies Inc. (NYSE: LLL) in New York say the combination will create the sixth-largest defense company in the country. In early-2015, Harris completed the $4.75 billion acquisition of Exelis, a long-time manufacturer of military radio technology in Fort Wayne. Shortly after the acquisition, Harris consolidated...
The program and news director of WOWO radio in Fort Wayne has been named the new host of the station's morning show. Kayla Blakeslee will lead Fort Wayne's Morning News, succeeding Charly Butcher, who passed away in August.
The first company has launched from Indianapolis-based High Alpha since the venture studio received a $100 million infusion in July, and the tenth overall. Anvl develops software designed to reduce and prevent maintenance service industry injuries. The company is led by Hoosier tech scene veteran Robin Fleming, who previously served as vice president of technology for Angie's List before its acquisition by New York-based IAC (Nasdaq: IAC). Anvl was born out of a first-of-its-kind...
By Larry Gigerich Executive Managing Director, Ginovus
In a world where technology is enabling almost everything, economic development policy makers are faced with several challenges when planning and implementing strategies for economic growth. Communities, regions and states must be able to adapt programs and initiatives to address the economic disruption caused by technology. In particular, investments in tech and talent are vital to ensuring economic growth and wealth creation for residents and businesses throughout the world.