INSIDE INDIANA BUSINESS: Jasper company coming off record year

2014-05-01T12:12:00Z INSIDE INDIANA BUSINESS: Jasper company coming off record yearGerry Dick Inside Indiana Business nwitimes.com
May 01, 2014 12:12 pm  • 

The chief executive officer of Jasper Engines & Transmissions says, unlike most companies, the harsh winter was good for the Dubois County business and helped lead to this week's expansion announcement. Doug Bawel says customers include large delivery companies and municipalities, which can't postpone their services due to weather. The company announced plans this week to invest nearly $7 million into a new facility near its Jasper headquarters.

Study: Recession Cost Hundreds of Nonprofit Jobs

An Indiana University report suggests the state's nonprofit sector was especially hit hard during the recession. The study from the Lilly Family School of Philanthropy in Indianapolis shows nonprofit membership organizations lost more than 1,000 employees from 2007 to 2011.

BAE Systems to Break Ground on $39M Center

City, state and company officials are scheduled to mark the start of construction tomorrow on a $39 million BAE Systems facility in Fort Wayne. The new aviation electronics manufacturing center will be located near Fort Wayne International Airport.

Shell Building Planned at Mega Park

Plans are moving forward to develop a shell building at the site of the former military storage site in Vermillion County. The Newport Chemical Depot Reuse Authority and Terre Haute-based Garmong Development Company LLC are creating a joint venture that aims to complete the facility by mid-2015.

Notre Dame Names Architect For New Building

The University of Notre Dame has selected a British architect to design the school of architecture's new $27 million building. John Simpson previously created the master plan for the area around St. Paul's Cathedral in London and the Queen's Gallery at Buckingham Palace.

YUM! Names New CEO

Louisville-based Yum! Brands Inc. has named Greg Creed incoming chief executive officer. The current CEO of Taco Bell Corp. will take over for David Novak, who has led the global restaurant group since 2000.

Cloud Provider Adding Workers

Carmel-based Polleo Systems Inc. is planning to hire another 20 technology workers by 2016. The cloud computing services company is in the midst of a $2.5 million expansion that has included a relocation of its corporate headquarters.

Software Company Announces Hiring Plans

A human resources software company in Elkhart is adding workers. Electronic Commerce Inc. says it plans to bring on at least 20 more employees this year to keep up with client growth.

Prep Basketball Tournament Comes to Fort Wayne

A basketball event this weekend is expected to pump around $1.5 million into the Fort Wayne economy. Organizers say nearly 8,000 players, coaches, officials and parents will attend the three-day tournament with some of the top high school players from 11 states.

Bethel College Announces New Major

Bethel College is launching an applied politics major. The Mishawaka school says the program will offer students opportunities including working on election campaigns and serving with advocacy organizations.

Crane Researchers Land Federal Award

Two Crane Naval Surface Warfare Center researchers have received a prestigious honor. It is the second time Gerald Manke and Timothy Bradley have won a Federal Laboratory Consortium Award for Excellence in Technology Transfer.

Remy Profit Rises

Pendleton-based Remy International Inc. is reporting net income of $9.5 million for the first quarter, compared to $1.8 million during the same period last year. The company says investments in China and the North America light duty market are paying off. Read More

For more Inside Indiana Business, visit www.insideindianabusiness.com.

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