Technology

Indiana Governor Mitch Daniels appointed Do it Best CEO Bob Taylor to the Indiana Economic Development Corp.'s board of directors.

The announcement was made earlier this month during an IEDC board meeting. 

The IEDC describes its mission as growing and retaining Indiana businesses, while attracting new investments to the state. It consists of 12 members appointed by the governor. 

Insights from the LexisNexis Risk Solutions 2017 True Cost of Fraud report.

From hand tools to home security, the following new products represent companies that brought home the hardware during the 2011 Golden Hammer Awards ceremony in Las Vegas. The eight products collected here reflect the diversity of the 32 Golden Hammer vendor companies, and the innovation of the winners.

Indianapolis -- Do it Best Corp. CEO Bob Taylor presented three major co-op initiatives -- including an aggressive  recruitment strategy -- to members assembled here for the 2011 Do it Best May Market at the Indiana Convention Center.

True Value has appointed Kathleen Guion to its board of directors as an outside member effective August 2012. With more than 13 years of C-level experience, Guion has played pivotal roles in corporate turnarounds, leveraged buyouts and an initial public offering. Her experience takes in the implementation of new technologies in retail real estate development and operations.

The U.S. Consumer Product Safety Commission, in cooperation with Kohler Co. of Kohler, Wis., has recalled 10,000 lawn tractors sold under the Cub Cadet, Troy-Bilt and Husqvarna brands because of the possibility of injuries to users.

A wire connector on the lawn tractors’ engine can become disconnected, causing the operator's seat switch to fail. When this happens, the blades will not shut down, posing a laceration hazard to consumer.

The Consumer Product Safety Commission announced a voluntary recall of certain Toro Z Master ZRT Mowers.

According to the CPSC: "Mowers with the optional deluxe seat have an operator presence switch built into the seat that may activate the mower when the operator vacates the seat, posing an injury hazard from the blade to the operator and anyone in the vicinity of the mower."

Jeld-Wen, a leading global manufacturer of doors, door facings, windows and related components, has entered into a letter of intent to acquire Craftmaster Manufacturing, Inc. (CMI).  The purchase price was not disclosed, and the deal is expected to close in the third quarter of 2012.