Wednesday, April 16, 2014

Chrysler set to celebrate Indiana factory's opening

From IBJ.com -
"Chrysler is set to mark the opening of a new transmission plant in central Indiana with a ceremony next month that will include the company's top executive.

Chrysler CEO Sergio Marchionne plans to take part in the May 13 grand-opening event at the factory along U.S. 31 about 30 miles north of Indianapolis, the company said.

The company started testing new transmissions assembled at the factory last month, the Kokomo Tribune reported. Chrysler is looking to start shipping transmissions from the plant by mid-May."

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Wednesday, April 2, 2014

Indy Fuel sign affiliation deal with Chicago Blackhawks

From The Indy Star -
"The Indy Fuel will make their ECHL debut with prospects from the defending Stanley Cup champion Chicago Blackhawks.

Fuel owner Jim Hallett confirmed a five-year affiliation agreement with the Blackhawks will be announced today.

"We're really excited because it's a first-class organization," Hallett said of Chicago, a former parent club for the now-defunct Indianapolis Ice during International and Central Hockey League days."

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Would-be Lilly foe wins U.S. panel backing for inhaled insulin

Reported at The IBJ -
"MannKind Corp.’s inhaled diabetes treatment won the backing of a panel of U.S. regulatory advisers, boosting the company’s long-running effort to get its first product on the market. Shares more than doubled in extended trading Tuesday after the panel’s recommendation.

Advisers to the Food and Drug Administration voted 13-1 and 14-0 that the drug, Afrezza, should be approved for Type 1 and Type 2 diabetes, respectively. The FDA doesn’t have to follow the panel’s recommendation. FDA staff raised concerns in a report March 28 that the drug may affect lung function and about missing data from a study on Type 1 diabetes patients."

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Sale of 26 Marsh stores approved by bankruptcy court, remaining 18 stores to close

From Fox59 On Tuesday, FOX59 learned two companies won the bidding war: Topvalco and Generative Growth II. Topvalco is a Kroger subsidiary...