3/23/2010Leaders at lithium-ion battery maker EnerDel are confident Indiana could be what Governor Mitch Daniels describes as "the capital of the electric vehicle industry" and is backing up that belief with continued investment. The Indianapolis-based company recently announced it will expand U.S. production by building its third Indiana manufacturing facility. Located in Hancock County, the

Steelmaker ArcelorMittal is pumping millions of dollars into improvements for its Burns Harbor and Indiana Harbor operations. The company says it is part of a $138 million investment in U.S. Flat Carbon operations. The upgrades at Indiana Harbor will expand product capabilities and the Burns Harbor facility will add a new piece of equipment as part of a strategy to increase productivity and lower

Indianapolis startup Scale Computing says it has received $9 million in venture funding from lead investor Benchmark Capital of California. The data-storage technology developer says the funding will be used to improve its product line and for international expansion. In November, Scale Computing located to the Purdue Research Park at AmeriPlex-Indianapolis and unveiled plans to expand its work

A $100 million deal with a Finnish company is expected to eventually have a positive impact on Brevini Wind's turbine manufacturing operations in Delaware County, which are still under construction. Brevini has signed an agreement to provide main gear units for WinWinD's wind power plants. The deal will start to impact Brevini's Indiana plant in late 2011. WinWinD, a Finnish manufacturer of wind

Dow AgroSciences LLC has released plans for a major, multi-year expansion that would add more than 550 jobs and dramatically grow the life sciences company's global headquarters in Indianapolis. The $340 million investment includes construction of a research and development complex with laboratories and a greenhouse as part of an effort to develop and commercialize products for the company's

The chief executive officer of Shelbyville-based Knauf Insulation North America has met with President Barack Obama to show support for so-called HOMESTAR legislation, that supporters say would create jobs and improve energy efficiency. Mark Andrews was among the business leaders who attended a Presidential event Tuesday at a technical college training facility in Georgia. He says the meeting

A consumer product manufacturing company says it plans to expand operations in Franklin. Rexam says it will add up to 46 jobs by the end of the year. The London-based company currently employs more than 100 in Franklin.FRANKLIN, Ind. (March 1, 2010) - Rexam, a manufacturer of packaging for consumer products, announced today that it will expand its operations here, creating up to 46 new jobs by