Industrial Instrument Maker to Expand Its Wakarusa Manufacturing Operations
Thu, Sep 24 2009 10:14
Dwyer Instruments, Inc., a manufacturer of industrial gauges, instruments, sensors and controls for a variety of commercial customers, announced today that it will expand its operations here, hiring and training up to 62 employees by the end of the year.The company will invest more than $500,000 to absorb manufacturing operations from the company's Puerto Rico plant; acquire new technology and
Economic Development Officials Head to Europe
Thu, Sep 24 2009 10:01
Regional economic development officials are now on an 11-day trade mission in Germany. Representatives from the Indiana Economic Development Corp., The Indy Partnership and the Northeast Indiana Regional Partnership are expected to meet with advanced manufacturing companies and renewable energy firms. A July 2009 Indiana University Kelley School of Business report shows more than 65 percent of
Officials Working to Promote Indiana's Waterways
Thu, Sep 24 2009 10:00
Leaders in Indiana's logistics industry are hoping to step up efforts to increase the visibility of Indiana's waterways for shipping. Port of Indiana-Jeffersonville Director Matt Smolek says Indiana currently ranks sixth in the country for U.S. waterborne shipping and 13th for total international and domestic waterborne shipping. He says waterway commerce is more economical than rail and truck
Hundreds of GM Jobs Expected in Fort Wayne
Thu, Sep 24 2009 09:58
Officials for Michigan-based General Motors Co. say the addition of third shift at its Fort Wayne facility could create as many as 700 jobs. Our partners at Indiana's NewsCenter report the new jobs are expected to pump an additional $50 million into the area's economy, as well as boost demand for housing and other services. GM's work force in Fort Wayne is expected to reach about 2,800 once all
Lafayette to Use Federal Grant For Wind Turbine Project
Wed, Sep 23 2009 11:51
The Obama Administration has awarded the Greater Lafayette Public Transportation Corp. (GLPTC) a $2.2 million green grant. The agency competed for a share of $100 million in economic stimulus funds for projects that will help reduce global warming, lessen America's dependence on oil and create green jobs. GLPTC will use its portion by investing in wind turbine units as a renewable source of
Rolls-Royce Wins Defense Contract
Wed, Sep 23 2009 11:49
Rolls-Royce in Indianapolis has been awarded a $7 million contract from the U.S. Air Force to provide aircraft management services at seven military bases in the U.S. The five-year contract involves support for Air Force airlift and aerial refueling missions. Rolls-Royce is partnering with Alaska-based TKC Aerospace on the contract.INDIANAPOLIS--Rolls-Royce, the global power systems company, has
Ener1 Teams With Volvo Again
Mon, Sep 21 2009 09:22
The parent company of Indianapolis-based EnerDel has announced another supplier agreement with Volvo Car Corp. Ener1 Inc. (Nasdaq: HEV) says it will provide lithium-ion batteries, made in Indiana, for the Volvo C30 Battery Electric Vehicle prototype. The vehicle is being unveiled today in Sweden. The announcement follows a collaboration earlier this year between Ener1 and Volvo for the plug-in
Advanced manufacturing: Center stage in the innovation economy
Mon, Sep 21 2009 09:21
It's obvious that we live in an innovation-driven economy. In the past, economic success was often defined by access to physical advantages (raw materials, transportation infrastructure); today the most precious resources are educated workers and new ideas. Most economic analysis shows that the educational attainment of the workforce and its level of innovation (often measured by
Indiana Energy Projects Get Economic Boost
Wed, Sep 16 2009 03:32
Indiana can count on more economic recovery funds for energy efficiency and conservation programs. More than $1.9 million will be distributed to Hamilton, LaPorte and St. Joseph counties and the city of Carmel. Just last week, the Department of Energy awarded a total of $11 million to Bloomington, Fort Wayne and Indianapolis to for green projects. Washington – Senator Evan Bayh today announced
Northeast Indiana Regional Partnership to Embark on Second European Trade Mission
Wed, Sep 16 2009 02:16
FORT WAYNE, Ind. September 16, 2009-Northeast Indiana Regional Partnership (NEIRP) announced today that it will be sending a representative to Germany on a trade mission promoting the region and building relationships with European companies. Regional Partnership's Dale Buuck will depart on September 22, 2009 and will travel throughout Germany until October 2, 2009.Buuck will attend the 2009
Renewable Energy Company Eyes Another Indiana Location
Tue, Sep 15 2009 09:38
An energy company is targeting Scottsburg for a wood-burning power plant. Liberty Green Renewables says the $100 million facility would be similar to a proposed operation in Crawford County. Some of the wood for the Scott County proposal would come from area logging and sawmill operations. The Louisville Courier Press reports some in the area are concerned about the potential environmental impact
Three Indiana Cities Awarded Energy Grants
Tue, Sep 15 2009 09:35
Bloomington, Fort Wayne and Indianapolis are set to receive a total of $11 million in federal stimulus funds to support energy efficiency and conservation projects. The Department of Energy is awarding Indianapolis an $8 million grant to install green roofs and solar power across the city's parks buildings. Both Fort Wayne and Bloomington will use their portion for energy efficiency retrofits of
New Group to Focus on State's Orthopedics Sector
Thu, Sep 10 2009 03:12
A new study commissioned by BioCrossroads identifies a northern Indiana community as home to "one of the most robust and concentrated medical equipment development sectors in the world." The report finds the global orthopedics sector in Warsaw generates more than $11 billion in annual revenues, which represents more than half of the U.S. market share for orthopedic medical devices. A Warsaw-based
Electric car prototype built in Wabash
Thu, Sep 10 2009 11:19
WABASH, Ind. -- Indiana's first electric car designed to be affordable for the masses will be built in the world's first electrically lighted city -- Wabash.The car's electric propulsion system is the creative effort of two Indianapolis businessmen who were introduced to Bill Konyha, president and CEO of the Economic Development Group of Wabash County, who in turn introduced them to Norm Benjamin
Beverage Company to Establish Production Center in Columbus
Thu, Sep 10 2009 09:32
COLUMBUS, Ind. - Tipton Mills, a specialty beverage company, announced today it will locate a production and research and development center here, adding more than 40 new jobs.The company, which makes chocolate syrup and gourmet hot chocolate drink mixes, plans to invest $1.2 million to purchase equipment and renovate a 40,000 square-foot South Mapleton Street building formerly occupied by Big