Business, Economy and Consumer Affairs

Quality Die Set Corp. expanding its Flora location

Jan 24, 2012

A mom-and-pop business started in Flora more than 40 years ago is expanding again.

Quality Die Set is hiring more people and buying $200,000 worth of equipment to handle new orders.

President and Owner Raymond Shank says some recent business agreements spurred the growth, and might make it possible to acquire an Illinois company in the near future. Shank says the company has come a long way since his father started it in a barn behind the family’s home.

Part of the area around the future intersection of Cumberland Avenue and U.S. 231 in Tippecanoe County may be rezoned.

The Tippecanoe County Area Plan Commission is recommending county commissioners give final approval. The two pieces of property are located on the west side of McCormick Road, north of Lindberg Road.

Booksellers and publishers are worried that Amazon is going to devour their industry. The giant online retailer seems to have its hands in all aspects of the business, from publishing books to selling them — and that has some in the book world wondering if there is any end to Amazon's influence.

Microsoft is under fire this week over a patent it was granted that's been dubbed the "avoid ghetto" feature for GPS devices.

The timekeepers at the International Telecommunication Union's Radiocommunication Assembly, who were supposed to decide this week whether to keep or eliminate the leap second, have decided to take some more time to decide.

Three years, apparently, the BBC reports.

The experts, it says, "were unable to reach a consensus, so moved the matter to a meeting in 2015."

Old mattresses are among the worst kinds of household waste: Most recycling companies won't touch them, and landfills would rather not. But a new business in Nashville that started as a college project hopes to move mattress recycling into the mainstream — and employ former convicts in the process.

More than 3,100 companies flocked to the Consumer Electronics Show this year to hawk their wares. The show's host, the consumer Electronic Association, estimates roughly 20,000 products were launched at the show this year. And chances are good that many – maybe even most — will fail.

The show will close its doors Friday and there are lots of little companies and entrepreneurs packing up that may not make it back next year. Still, their hustle is infectious. And with luck, a few startups launched here this year could go on to become huge.

Domestic Orange Juice Market

Jan 12, 2012

Transcript

DAVID GREENE, HOST:

You may wonder what all this means for that morning staple, Florida orange juice. Steve Newborn of member station WUSF in Tampa went to find out.

(SOUNDBITE OF VEHICLES)

STEVE NEWBORN, BYLINE: It's the afternoon rush hour at Bearss Groves, a green patch that has survived for more than a century in the spreading concrete sprawl just north of Tampa.

ELIZABETH LEGGETT: Have you ever had an edible orchid?

UNIDENTIFIED CHILD: Uh-uh.

This year's auto show in Detroit could set the stage for a shake-up in the fiercely competitive — and hugely profitable — luxury car scene. That's because there's a new kid on the block, and its name is Cadillac.

The General Motors company says its new small, high-performance ATS will allow it to compete for the first time with Audi, Mercedes-Benz and BMW. But getting a brand-new luxury car like the ATS ready for market can be a grueling process.

Metal processing plant coming to Montgomery County

Jan 11, 2012

A metal processing company is building a new factory in Crawfordsville.

Herr-Voss Stamco will construct the 20,000 square-foot facility in the Nucor Road Industrial Corridor, southeast of the city.

The company is expecting to employ 25 people in high-wage positions at the location by 2014.

The Indiana Economic Development Corporation is offering Herr-Voss Stamco up to 225-thousand dollars in conditional tax credits based on the job creation plans.

Construction of the plant is scheduled to begin this year.

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