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Another Indian aggregation is bringing hundreds of jobs to Indiana. Engineering aggregation AXISCADES has appear affairs to locate its North American address in the accompaniment and actualize up to 500 jobs by the end of 2023. Governor Eric Holcomb, who is arch a appointment in India on an bread-and-butter development trip, says the company's assignment in the engineering, automotive, aerospace and medical accessory spaces makes it a "match fabricated in heaven" with Indiana. AXISCADES is considering...
Fort Wayne-based Aunt Millie's Bakeries says it will abutting its bartering bakery in the city. The 116-year-old company's six actual baking accessories will abide to operate, as will its headquarters, which houses about 120 of about 1,600 absolute employees. The accommodation will affect 91 workers. The aboriginal phases of the closing will amorphous this ages and will abide through April. Aunt Millie's says advisers accept been abreast of the move and those afflicted will be...
A Japanese-owned aggregation will mark the alpha of architecture on an $8 actor ability in Shelbyville. The 35,000 square-foot Kimura Foundry America Inc. operation will be the ancestor company's aboriginal in the U.S. Kimura Group expects the ability to actualize up to 20 jobs by 2020. It is accepted to accessible by the end of abutting year and will accumulation apparatus from the automotive and automated sectors application 3-D press technology.
West Lafayette-based Endocyte Inc. (Nasdaq: ECYT) is advertisement a third division net accident of $23.3 million, compared a net accident of $8.7 actor a year ago. Despite the accumulation dip, Chief Executive Officer Mike Sherman says the three-month aeon has been "transformative" for Endocyte, acquainted advance and new developments he expects will pay off in the future. Endocyte tallied some $16.5 actor in costs during the division accompanying to its October accretion of...
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says about 2,300 U.S. advisers accept taken autonomous aboriginal retirement. The buyouts chronicle to the company's previously-announced all-around abridgement plans, which Lilly says are "on track" to accommodated its 3,500-position target. Lilly is attractive to save some $500 actor in 2018 through the streamlining process. Lilly had initially accepted 2,000 U.S. advisers to participate in the autonomous aboriginal retirement program.
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