An international manufacturer has taken the wraps off of its new North American headquarters in Boone County. Switzerland-based REGO-FIX, which makes precision parts for the aerospace, medical and power generation industries, says the multi-million dollar Whitestown facility will help the company attract the highly-educated, highly-trained people it needs.... Read More
The president of REGO-FIX says the Switzerland-based company is glad to open its North American headquarters in a city that he says matches the company’s "dynamic, growing" path. Andreas Weber says Whitestown will offer the highly-educated, highly-trained people the precision toolmaker needs. The $3.5 million investment is expected to result in about 20 new jobs. ... Read More
A unique startup drone company is off the ground and running in Indianapolis. Aerotronic makes its first helicopter delivery to Alaska. The company’s CEO talks about the cutting edge technology.... Read More
Programmers, coders, IT personnel and others are racing against the clock in a 24-hour hackathon at Launch Fishers. Teams have one entire day to develop Internet of Things technology designed to "energize Indiana’s economy" and compete for $10,000 in cash and prizes.... Read More
More than 350 participants and dozens of companies are taking part in this weekend’s 24-hour AT&T Internet of Things Civic Hackathon. AT&T Indiana President Bill Soards says teams will have 24 hours to develop IoT technology designed to "energize Indiana’s economy. ... Read More
The Indiana Economic Development Corp. Board of Directors has approved $7 million in incentives for Carrier Corp. in Indianapolis. The breaks involve a combination of conditional tax credits and training grants. The company says a $16 million investment will retain more than 1,000 Hoosier jobs, 800 of which were previously going to be outsourced to […]... Read More
Indiana is the most manufacturing-intensive state in the nation, but what remains a mystery is how to fill the anticipated 15,000 skilled worker openings annually. Indiana Manufacturers Association President Brian Burton discusses how workforce development and education remain key.... Read More
Eli Lilly and Co. is making an $850 million investment on manufacturing and research in the U.S. in 2017 and that includes Indianapolis. CEO Dave Ricks talks about what’s fueling the investment, and if more could be on the way.... Read More
Eli Lilly and Co. (NYSE: LLY) has detailed plans to pump $850 million into its U.S. operations this year. That includes a new $85 million expansion of the company’s Trulicity device assembly operations. The drugmaker says the investment is being driven by strong demand and its growing pipeline of potential cancer, pain and diabetes treatments. ... Read More
Rolls-Royce is the first tenant of the Purdue Technology Center Aerospace building in West Lafayette. The president of the Purdue Research Foundation and a Rolls-Royce executive talk about a unique collaboration with university researchers and how it will work.... Read More
A convention representing a $150 billion industry is continuing to grow in Indianapolis. The Michigan-based NTEA is the association for the work truck Industry and Executive Director Steve Carey says this year’s version of the Work Truck Show, which begins Tuesday, will occupy the entire Indiana Convention Center. ... Read More
University of Indianapolis Associate Professor of Finance Matt Will says Indianapolis-based hhgregg’s bankruptcy has likely been "in the works for many years." He says the electronics and appliance retailer has struggled with leadership and innovation since the death of former Chief Executive Officer Jerry Throgmartin, who he calls "the Walt Disney of the company." ... Read More
The chief executive officer of Fishers-based ClearObject, formerly known as CloudOne, says its new brand shows the company’s focus on what he calls "the biggest thing since anything." John McDonald says the Internet of Things "fundamentally changes absolutely everything," adding IoT impacts everything people do in their daily lives.... Read More
Columbus-based Cummins Inc. (NYSE: CMI) officially took the wraps this morning off of its $30 million global distribution business headquarters in downtown Indianapolis. Chief Executive Officer Tom Linebarger says the company aimed for an innovative design where "the walls are down" with every workspace encouraging collaboration. Mayor Joe Hogsett calls the building "truly transformative" for […]... Read More
The Speaker of the Indiana House says a long-term road and bridge funding plan unveiled Wednesday morning at the Statehouse will help put Hoosiers to work. "An investment in infrastructure creates jobs, not just road construction jobs, but jobs for employers, especially in a manufacturing-heavy state," said Brian Bosma (R-88). READ MORE... Read More
From hundreds of new jobs, tens of millions of dollars in investment, riverfront and downtown development…Shelby County is on a roll! The county’s economic development chief details what’s behind a flurry of good economic news.... Read More
In an interview with Inside INdiana Business, Huntington Mayor Brooks Fetters says, despite last week’s word that hundreds of Carrier Corp. jobs were staying put in Indianapolis, "nothing has changed in what UTEC here in Huntington has told us since February."... Read More
Training and education are critical to meet expected workforce needs of employers all over Indiana. We tee that discussion up with key players from the Department of Workforce Development and Ivy Tech Community College.... Read More
A stunning turn of events. Trump and Pence strike a deal with Carrier Corp. to save a thousand Hoosier jobs feared doomed for Mexico. We go one-on-one with a key player in the deal, Indiana Secretary of Commerce Victor Smith.... Read More
Following Thursday’s news conference at the Carrier Corp facility in Indianapolis, employees weigh in on the deal made to keep more than 1,000 Indiana jobs from leaving for Mexico. ... Read More
