• (photo courtesy of our partners at The Times of Northwest Indiana)

    Economic Development Announcement Set For Gary

    An economic development announcement is set for Thursday in northwest Indiana. Governor Eric Holcomb and Gary Mayor Karen Freeman-Wilson will join executives from Pittsburgh-based United States Steel Corp. (NYSE: X) for the event.

  • (rendering courtesy The Times of Northwest Indiana)

    Work to Begin on Power Plant-to-Data Center Project

    Hammond Mayor Tom McDermott and Governor Eric Holcomb will take part in a groundbreaking Wednesday on a $40 million industrial redevelopment project. Indiana NAP is a venture created to transform the former State Line Generating Facility in the Lake County city into the Digital Crossroads of America Data Center. In an interview featured in July in our quarterly INPower energy innovation publication, Indianapolis attorney Tom Dakich, who is co-leading the effort, said he expects...

  • OrthoPediatrics went public in October 2017. (photo courtesy Nasdaq)

    OrthoPediatrics Growing in Warsaw

    Warsaw-based OrthoPediatrics Corp. (Nasdaq: KIDS) has announced plans to expand its Kosciusko County headquarters. The medical device manufacturer says it will invest $1 million to double the size of its existing warehouse and adding office space and dedicated training and education facilities.

  • Heartland Foods occupies nearly 860,000 square feet of space in Marion County.

    Heartland Foods Plans Another Expansion

    Carmel-based Heartland Food Products Group is planning to expand production capacity at two of facilities on the northwest side of Indianapolis. The company, which makes sweetener brands such as Splenda and other beverage products, says it will invest $32 million in new production and logistics equipment, creating up to 60 jobs by 2021. Heartland is seeking a 10-year tax abatement for the project, which will be considered next week by the city's Metropolitan Development Commission.

  • (Image courtesy of the town of Warren.)

    Italian Cheese Producers to Launch Plant in Northeast Indiana

    A startup cheese maker has announced $9.5 million plans to locate its facility in Huntington County. Golfo di Napoli Dairy, which will use organic milk from Fair Oaks Farm in northwest Indiana to produce multiple cheese varieties, says it will create 35 jobs over the next two years. Production in Warren is expected to begin in February. The owners and operators of the new plant, the Indiana Economic Development Corp. says, are fourth-generation cheese makers from Italy.

  • (Image courtesy of Senator Joe Donnelly's Office.)

    Mayor: New Customs Facility Opens More Doors For Gary

    The mayor of Gary believes the opening of a United States Customs and Border Protection facility at the Gary/Chicago International Airport could help open the door for additional developments, travel options and logistical opportunities. Karen Freeman-Wilson says existing tenants like B. Coleman Aviation and Gary Jet Center will benefit, as will potential commercial carriers that might look to fly internationally. The facility allows users to clear customs at GYY, instead of...

  • The plant was built in 1997.

    Soybean Processing Plant Expansion Complete

    The New Orleans-based Consolidated Grain and Barge Co. has completed the $32 million expansion of its soybean processing facility at the Port of Indiana-Mount Vernon. The company says the effort will increase servicing opportunities for Indiana soybean farmers and increase product supply for agribusiness customers.

  • (Image courtesy of Precision Products Group Inc.)

    Former Owner of Straw Manufacturer Optimistic About Prospects

    The former owner of Aardvark Straws in Fort Wayne says his company is "very bullish" on the future of its remaining divisions. Indianapolis-based Precision Products Group Inc., which closed on a deal Monday to sell the paper straw manufacturer, also owns Paramount Tube in Fort Wayne, Euclid Medical Products in northern Ohio and Huizhou Fusheng Insulation Materials Co. Ltd. in China. PPG Chief Executive Officer and largest-single shareholder Dave Hooe says...

  • (Image of inaugural bootcamp participants courtesy of the National Transportation Center.)

    Logistics Industry Boot Camps Focus on Future

    A logistics industry nonprofit headquartered in Indianapolis is taking a page from the technology industry to prepare the next generation of the workforce. The National Transportation Center recently wrapped up its first-ever, four-day boot camp and says more of the intensive training events are being developed. The boot camp involved site visits, networking opportunities and job skills instruction. NTC Chief Business Officer Tom Weisenbach says...

  • (Image courtesy of PCKA)

    PCKA, Purdue Researchers Earn Boost From NASA

    An Indiana company partnering with Purdue University researchers has received a second round of funding from NASA through its Small Business Technology Transfer program. West Lafayette-based PC Krause and Associates Inc. will receive up to $750,000 over the next four years to develop a component for "mission-critical" microgrids for the agency. In a technical abstract, PCKA describes its Autonomous Power Controller as a part...

  • (Image courtesy of the Rush County ECDC) Trane is one of several Rush County employers supporting the billboard campaign.

    Rush County Aims to Keep More Workers In-County

    Rush County employers and the Rush County Economic and Community Development Corp. are partnering on an initiative designed to fill local job openings with local employees. A three-month billboard campaign has launched, targeting more than 3,000 workers in the county who commute outside its borders for jobs. The billboards are located along I-74, U.S. 52 and State Road 3 to draw the attention of commuters heading to the four outside counties that employ the largest number of...

  • Berry Global Reaches Record Quarterly Sales

    Record sales have driven the quarterly profit of Evansville-based Berry Global Inc. (NYSE: BERY) higher. The plastics manufacturer is reporting fiscal third quarter net income of $110 million, compared to $107 million during the same period a year earlier. Net sales rose 9 percent to $2.1 billion and Chief Executive Officer Tom Salmon says the company also broke quarterly records for operating EBITDA and adjusted earnings per share. Salmon says...

  • (Image courtesy of Aardvark.)

    Fort Wayne Straw Maker Acquired

    Fort Wayne-based Aardvark Straws, which bills itself as the country's only paper straw maker, has been acquired. The new owner, Wisconsin-based Hoffmaster Group Inc., says it plans to "aggressively" boost production in northeast Indiana as a national movement away from plastic straws continues to materialize. Hoffmaster says it has acquired all Aardvark operating rights and one of two Fort Wayne facilities owned by the former parent of Aardvark, Precision Products Group Inc...

  • (Rendering courtesy of Duke Realty Group.)

    Site Clearing Begins For New Duke Realty HQ

    Indianapolis-based Duke Realty Corp. (NYSE:DRE) says demolition is underway on the site that will serve as its next corporate headquarters. The company will build a four-story building on nearly three acres at the former Champps restaurant Keystone at the Crossing location. The Real Estate Investment Trust is not providing financial details of the project. The Indianapolis City-County Council recently voted to unanimously support nearly $3 million in incentives to Duke Realty.

  • (Image courtesy of Haynes International.)

    Haynes Overcomes Failed Acquisition For Profit

    Kokomo-based Haynes International Inc. (Nasdaq: HAYN) is reporting fiscal third quarter net income of $700,000, compared to a net loss of $4 million during the same period a year ago. The nickel and cobalt-based alloy manufacturer says the swing to profitability was the first in seven quarters. Interim Chief Executive Officer Michael Shor says the results were driven by increased volume, revenue and margins. Shor took over for Mark Comerford, who announced retirement plans in May.

  • (image courtesy of West.)

    Contract Pharma Facility Slated to Close

    Pennsylvania-based West Pharmaceutical Services Inc. says it plans to close its only Indiana operation. The Frankfort facility, which provides contract manufacturing, custom molding and assembly functions, currently employs 54. The global company says "virtually all" positions in Clinton County will be eliminated after October 1. Layoffs will take place in four groups through the end of November. In a notice to the state, West says the employees affected by the closing will...
  • Thor and Wa-Nee schools worked together to develop the curriculum.

    Thor Launches RV Training Program

    Elkhart-based Thor Industries Inc. (NYSE: THO) is partnering with the Indiana State Board of Education and Wa-Nee Community Schools on a vocational training program. The company says the Recreation Vehicle Construction Graduation Pathway will provide high school students  ELKHART, Ind. – Aug. 2, 2018 – Thor Industries, Inc. (NYSE:THO) is partnering with the Indiana State Board of Education and Wa-Nee Community Schools to empower students through RV vocational...

  • Seko spoke with Inside INdiana Business Reporter Mary-Rachel Redman.

    Japanese Minister Talks Tariffs, Hoosier Investment

    A high-ranking Japanese cabinet member says while he believes economic relations between the U.S. and Japan have improved since President Trump took office, ongoing tariff policies could put a halt to that progress. Economy, Trade and Industry Minister Hiroshige Seko met with Governor Eric Holcomb and executives from Japanese businesses this week during a visit to Indiana. In an interview with Inside INdiana Business Reporter Mary-Rachel Redman, Seko said while the...

  • Steel Green's founders are all former L.T. Rich Products employees.

    Manufacturing Startup Launches in Lebanon

    A lawn care industry equipment manufacturer has announced plans to begin operations in Lebanon. The founders of Steel Green Manufacturing LLC say the company will specialize in stand-on, zero-turn sprayer and spreader machines. The founders; Scot Jones, Matt Smith, Michael Floyd, Craig Coyner and Brent Mills, are all former employees of L.T. Rich Products Inc., which makes the Z-Spray product. Jones says the group has more than 100 years of combined experience in the...

  • (Image courtesy of FloSource.)

    FloSource to Move, Grow in Morgan County

    Martinsville-based FloSource Inc. has announced relocation and growth plans. The company says it will add 10 jobs as a result of the move to Mooresville, which is expected to take place in the middle of next year. FloSource President Amy MacOwan says the current facility is targeted to be acquired as part of the ongoing I-69 expansion between Indianapolis and Evansville.

  • (Image courtesy of Worldwide Auctions.)

    Hudson Museum Collection Set For Sale

    Nearly 70 classic cars from the former Hostetler's Hudson Auto Museum in Shipshewana will be up for auction Saturday at the old museum site in LaGrange County. Angola-based Worldwide Auctions, which is handling the sale, says the collection includes vehicles accumulated over 30 years, spanning the "most important Hudson models" from the defunct manufacturer's existence. Featured vehicles include...

  • Acquisition Affects Kimball Electronics Profit

    Jasper-based Kimball Electronics Inc. (Nasdaq: KE) is reporting fiscal 2018 net income of $16.8 million, compared to $34.2 million a year ago. The manufacturer says fiscal fourth quarter profit was also down to $5.8 million from $8.1 million during the same period in 2017. Chief Executive Officer Donald Charron said the results were affected by the planned $50 million acquisition of California-based GES Holdings Inc. The deal is expected to close in the next three months.

  • (Image provided by Purdue University.)

    Slater to Direct Discovery Park District

    Jeremy Slater has been named director of the 450-acre Discovery Park District on the western side of the Purdue University campus. The innovation and live, work and play hub is expected to attract some $1 billion in investment over the course of 30 years. Slater, a Purdue graduate, has served as associate director of the district's development and was previously a project manager for the Purdue Research Foundation. His experience also includes...

  • (Bob Schneider photo courtesy of Kimball International Inc.)

    Kimball International CEO Encouraged, 'Not Satisfied'

    Jasper-based Kimball International Inc. (Nasdaq: KBAL) Chief Executive Officer Bob Schneider says he is not satisfied with the furniture manufacturer's fiscal year results. The company is reporting fiscal full-year net income of $34.4 million, compared to $37.5 million during the same period a year earlier. Net sales for Fiscal 2018 increased two percent to $685.6 million. Net income for the fiscal fourth quarter came in at $10.3 million, compared to $10.6 million the previous year...

  • Vectren Updates Merger Situation, Details Earnings

    Evansville-based Vectren Corp. (NYSE: VVC) says its planned $6 billion merger with CenterPoint Energy Inc. (NYSE: CNP) of Texas remains on-track to wrap-up early next year. In a quarterly earnings filing, the utility says it took on more than $15 million in charges during Q2 related to the deal. Vectren is reporting second quarter net income of $22.2 million, compared to $37.6 million during the same period a year earlier. Chief Executive Officer Carl Chapman says...

  • The company reported record quarter net sales of $613 million, up 41 percent from the same quarter last year.

    Wabash National Reports Record Revenue

    Lafayette-based Wabash National Corp. (NYSE: WNC) is reporting second quarter net income of $31.9 million, up from $22.9 million during the same period last year. Chief Executive Officer Brent Yeagy says record quarterly revenue is "directly attributable" to last year's acquisition of Goshen-based Supreme Industries Inc. That acquisition, which closed in September of 2017, had a $364 million equity value and made Supreme a subsidiary of Wabash National.

  • Dan Haight became Shindigz CEO in January 2017.

    Shindigz CEO: Talent Driving New HQ Decision

    The head of a northeast Indiana party supply company says plans to shift its headquarters 40 minutes east will provide a boost to talent attraction and retention efforts. Shindigz will keep manufacturing and distribution operations at its longtime South Whitley facility and relocate corporate, administrative and design functions to downtown Fort Wayne. CEO Dan Haight tells Inside INdiana Business the move is part of wider plans at play for the company and northeast Indiana...

  • Conexus Indiana Seeks Industry Input

    The state's advanced manufacturing and logistics initiative is looking for feedback from industry players. Conexus Indiana has launched a survey that is part of a long-term planning process designed to help stakeholders maintain a lead role nationally in two of the state's top industries. The organization says the survey and the strategic plans will "direct future endeavors" and support growth. Chief Executive Officer Mark Howell says...

  • says Seko is the highest-ranking Japanese official to visit Indiana in recent years.

    Japanese Cabinet Leader Coming to Indy

    A Japanese cabinet official will be in Indiana Wednesday to meet with state leaders, including Governor Eric Holcomb. Economy, Trade and Industry Minister Hiroshige Seko will also host a dinner for executives of Japanese businesses in Indiana. The Indiana Economic Development Corp. says Seko is the highest-ranking Japanese official to visit Indiana in recent years. He is scheduled to visit Subaru of Indiana Automotive Inc. in Lafayette Thursday morning before leaving...

  • (Graphic courtesy of DAVID RUBIN Land Collective.)

    ENVISION COLUMBUS Aims For 'Bold' Strategies

    The unveiling of a long-term strategic plan for downtown Columbus is two months away and the lead planning consultant says the results will be "catalytic" for the Bartholomew County community. David Rubin of Philadelphia-based DAVID RUBIN Land Collective says the feedback and collaboration so far concerning potential projects within the 938-acre study area have involved "a very diverse constituency." ENVISION COLUMBUS is designed to...

  • (photo courtesy University of Notre Dame)

    IDEA Center Company Lands Investment

    Trion Coatings LLC, based at the University of Notre Dame's IDEA Center, has landed an investment from North Carolina-based Nucor Corp. The company has developed an environmentally-friendly chrome plating process in partnership with Notre Dame faculty. The investment gives Nucor a minority equity position in Trion's parent company. Nucor will work with Trion to commercialize the technology by building a commercial facility for the process at its St. Joe, Indiana operation.

  • (Rendering courtesy of Shindigz.)

    Shindigz Shifting HQ to Fort Wayne

    South Whitley-based Shindigz has detailed plans to relocate its headquarters to downtown Fort Wayne. The party supply company says it has purchased the five-story Harrison Place building at the corner of Wayne and Harrison streets, where it expects to move its professional and administrative staff early next year. Initially, the company says 40-50 positions will move into the rebranded Shindigz Place. Plans call for the 33,000 square-foot space to potentially house...

  • (Image courtesy of Indiana Landmarks.)

    Council OKs Plans For Mill-to-City Hall Project

    The city of New Albany is moving forward with a plan to transform an abandoned mill into a new city hall. The city council recently approved a $6 million proposal to redevelop the Reisz Building in partnership with Louisville-based Denton Floyd Real Estate Group. The project is expected to take more than a year. Currently, New Albany city employees share space in the same building as Floyd County employees. The Reisz building opened in the mid-1850s as the Empire Flour Mill and...

  • (Image courtesy of Indiana American Water.)

    Indiana American Water Moves Forward on $177M Project

    A $177 million lead service line replacement plan has received Indiana Utility Regulatory Commission approval. Greenwood-based Indiana American Water says the project will affect up to 50,000 lines served by the company throughout the state. The work is expected to be complete by 2042 at the latest, but Indiana American Water says it could be finished as early as 2028. President Deborah Dewey says...

  • Allison Transmission is headquartered in Indianapolis.

    Allison Touts Quarterly Sales Record

    Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) says record second quarter net sales helped drive higher profit. The heavy industry manufacturer is reporting net income of $174 million, compared to $95 million during Q2 of 2017. Net sales rose 23 percent to $711 million. Chief Executive Officer David Graziosi says Allison is increasing full-year net sales guidance to 15 to 18 percent from 10 to 14 percent. Graziosi added...

  • (Image of Cummins Global Headquarters courtesy of Columbus, Indiana Visitors Center.)

    Cummins Riding Record Revenues

    Columbus-based Cummins Inc. (NYSE: CMI) is reporting second quarter net income of $545 million, compared to $424 million during the same quarter a year earlier. Revenues increased 21 percent to a quarterly record of $6.1 billion. Chief Executive Officer Tom Linebarger says the company is on pace for a record year for sales and other metrics. The company says demand for trucks, construction, mining and power generation equipment all grew during the quarter and...

  • Simon Profit, FFO Jump in 'Excellent' Quarter

    Indianapolis-based Simon Property Group Inc. (NYSE: SPG) says record results in the second quarter are driving guidance higher for the full year. The Real Estate Investment Trust is reporting Funds from Operations of $547 million, compared to $382 million during the same period last year. Net income also rose to $1.168 billion from $859.7 million.

  • (Image courtesy of Cummins Inc.)

    Cummins Wins Patent Infringement Battle

    A patent infringement case involving Columbus-based Cummins Inc. (NYSE: CMI) has come to an end. The manufacturer has reached a settlement agreement with California-based JM Turbo Technology Corp., which was accused of manufacturing and selling turbochargers protected by Cummins' patents.

  • CTS Ceasing Manufacturing in Elkhart

    Illinois-based CTS Corp. (NYSE: CTS) is detailing plans to end manufacturing operations in Elkhart. In a notice to the state, the company says more than 100 employees will be laid off by the end of the year as a result of the decision. CTS, which was previously headquartered in Elkhart, says the move is the result of a "planned restructuring of its global operations" that was first announced in 2016. The company says about 40 employees will be affected by the...

  • Patrick Industries Quarterly Profit Rises

    Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) is reporting second quarter net income of $53.1 million, compared to $33.7 million during the same period a year earlier. The manufacturer says results were driven by a nearly 50 percent increase in sales bolstered largely by customers in the recreational vehicle industry, which made up two-thirds of total sales. Patrick Industries supplies the RV, marine, manufactured housing and industrial markets.

  • Andrew Bradley is a senior policy analyst for the Indiana Institute for Working Families.

    Indiana Part of Work-Based Learning Academy

    A year-long national program focused on expanding work-based learning opportunities for low-income communities is underway and a team of nonprofits and state departments in Indiana is taking part. The Work-Based Learning Academy, an initiative of the National Skills Coalition in Washington D.C., includes five states and the Indiana team is comprised of...

  • Go Electric is located at the Purdue Polytechnic Anderson facility in the Flagship Enterprise Center..

    Boston VC Believes in Go Electric

    Anderson-based Go Electric Inc. Chief Executive Officer Lisa Laughner says her company has achieved a "tough" accomplishment -- securing a funding boost from a venture capital hotbed. The energy storage technology provider has landed a $4 million growth round investment from WindSail Capital Group in Boston, support Laughner says will add 17 jobs and could lay the foundation for a long-term goal of selling internationally. Go Electric was founded in 2011 and...

  • The Jeffersonville plant will be located at the River Ridge Commerce Center.

    Bottling Company Expanding in Indiana

    California-based Niagara Bottling LLC has announced plans to expand operations in Indiana. The Indiana Economic Development Corp. says the company will invest a total of more than $62 million to grow its current facility in Plainfield and build a new facility in the River Ridge Commerce Center in Jeffersonville. The investment will create up to 57 jobs by the end of 2019. Construction on the 469,000-square-foot manufacturing and bottling plant in Jeffersonville is underway.

  • Steel Dynamics Sees Quarterly Profit Jump

    Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) is reporting second quarter net income of $362 million, up from $154 million during the same period last year. Chief Executive Officer Mark Millett says improved demand and product pricing led to record steel shipments for the quarter.

  • The city of Frankfort and the state are supporting the Frito-Lay expansion plans.

    Frito-Lay Adding Lines, Jobs in Frankfort

    The nation's largest snack maker has announced expansion plans in Frankfort. Frito-Lay, which is owned by PepsiCo Inc. (Nasdaq: PEP), says it will pump $159 million into its Clinton County operations and add 50 jobs. Plans call for two new production lines and more warehouse space. Frito-Lay currently employs around 1,100 in Frankfort at two production sites in the city. Its footprint includes 135 acres and 17 snack production lines. Mayor Chris McBarnes says...

  • The Stanrail factory closed in February 2017. (photo courtesy of our partners at The Times of Northwest Indiana)

    New Owners For Shuttered Boxcar Factory

    The former Stanrail boxcar factory in Gary will soon have new life. Our partners at The Times of Northwest Indiana report ReEnergize USA has purchased the facility, which closed last year, and plans to hire 60 full-time employees. 

  • (Image courtesy of the U.S. Environmental Protection Agency.)

    EPA Lays Out $26.6M Cleanup Plan in Northwest Indiana

    The U.S. Environmental Protection Agency has detailed a $26.6 million final remediation plan for most of the 440-acre former DuPont East Chicago chemical plant site. Delaware-based The Chemours Co., which spun-off of DuPont three years ago, owns the property that is contaminated by high levels of arsenic, lead, zinc and cadmium. Following a 90-day public comment period that yielded 200 comments, the EPA increased the estimated cost of the cleanup from...

  • Brinegar says the tariffs have put the United States at odds with six of the country's top seven foreign markets.

    Brinegar: Tariffs Will Bring 'Chilling Economic Impacts'

    Indiana Chamber of Commerce President Kevin Brinegar believes the fallout from President Donald Trump's tariff policies will ultimately lead to lost sales and lost jobs in Indiana. In a statement from the chamber, Brinegar says it's time to end the measures "before too many people suffer unintended consequences." Brinegar says the tariffs have put the United States at odds with six of the country's top seven foreign markets. He says countermeasures from those countries...

  • (Graphic courtesy of the Indiana Department of Workforce Development.)

    Indiana Unemployment Rate Up a Tick

    Indiana's unemployment rate has risen slightly to 3.3 percent. The June report released by the Indiana Department of Workforce Development shows the labor force increased by nearly 15,000, compared to figures released a month ago. Private sector employment decreased by 2,500 from May to June, but the state says Indiana's labor force participation rate -- 64.6 percent -- is still greater than the national average of 62.9 percent.

  • Telamon is headquartered in Carmel.

    Telamon Writing Domestic, Global Story

    Carmel-based Telamon Corp. is continuing to grow its footprint in the U.S and abroad. The telecommunications network builder and automotive industry component supplier Friday announced the acquisition of Oklahoma-based CLS Group, which provides site acquisition, design/engineering and construction services in the telecommunications and oil and gas industries. Chief Executive Officer Stanley Chen said the deal positions the company in play in the 5G mobile technology arena.

  • The Port of Indiana-Burns Harbor runs along the Great Lakes-St. Lawrence Seaway System. (photo courtesy the Ports of Indiana.)

    Study Shows Indiana's Role in Maritime Shipping

    A new study shows Indiana is playing a key role in cargo shipping along the Great Lakes-St. Lawrence Seaway System. The study, conducted by Pennsylvania-based consulting firm Marin Associates, says cargo movements on the commercial waterway has the greatest impact on Indiana in terms of direct, induced and indirect jobs.

  • Rolls-Royce Lands Air Force Contract

    The U.S. Department of Defense has awarded a $25.8 million contract to Rolls-Royce Corp. in Indianapolis. The contract calls for long-term propulsion sustainment services for the U.S. Air Force.

  • Trump and Pence are expected to make the official announcement Thursday.

    Carrier Brings Back Former Employees

    Carrier Corp. in Indianapolis has rehired 120 employees who had previously been laid off. United Steelworkers Local 1999 President Robert James tells our partners at WTHR-TV the employees were hired back due to increased demand. James said all of the employees had been let go from the company and are now receiving the same pay and benefits package they had before being laid off. He says the workers will continue at the plant at least through the end of the summer, but the...

  • Officials broke ground on the project more than two years ago.

    Steel Producer to Open Shelbyville Plant

    Governor Eric Holcomb will Wednesday join executives from Nippon Steel & Sumikin Cold Heading Wire Indiana Inc. to cut the ribbon on the company's 150,000-square-foot facility in Shelbyville. The $50 million project is expected to create up to 70 jobs by 2021.

  • MainGate to Manage Purdue Merchandise

    Purdue University and Indianapolis-based MainGate are teaming up on athletic and school merchandise. The agreement involves sales on the West Lafayette campus, online through PurdueTeamStore.com and as the university's official wholesale products provider. MainGate's other current merchandise partners include...

  • (photo courtesy EnCom Polymers)

    EnCom Polymers Investing in Evansville

    Evansville-based EnCom Polymers Inc. is bringing custom plastic production in-house. The company says it will invest nearly $15 million into acquiring the facility it currently leases, investing in new equipment and adding as many as 56 employees by 2021. EnCom Polymers also plans to add four production lines, a testing laboratory and an injection molder. The company currently employs 14 in Vanderburgh County and says it will add 17 positions immediately.

  • (Image courtesy of Paoli Municipal Airport.)

    Airports in Indiana Secure FAA Grants

    Seven Hoosier airports and the Indiana Department of Transportation have received support for projects from the Federal Aviation Administration. Funding through the Airport Improvement Program will be used for infrastructure work including runways, terminals and firefighting and snow removal equipment. Nearly $660 million was distributed throughout the country in the most recent cycle.

  • Maureen Krauss (pictured left) is chief economic development officer at the Indy Chamber and Tom Leinbarger (pictured right) is chief executive officer at Cummins Inc.

    Indiana Businesses Fret Potential Trade War

    As a potential trade war looms over recently-imposed tariffs on China, Indiana businesses are expressing concern about the fallout. It is estimated that global trade supports more than 800,000 jobs in Indiana, many of those in the manufacturing and agriculture sectors. In 2016, Columbus-based Cummins Inc. sold more than 500,000 engines in China. Chief Executive Officer Tom Linebarger says the company's global footprint generates jobs and investment in Indiana.

  • (Image courtesy of Lehigh Hanson.)

    Indiana Work to be Consolidated Due to Mitchell Investment

    A spokesman with Texas-based Lehigh Hanson Inc. says a $600 million modernization investment in one part of the state will negatively impact operations at another. Director of Corporate Communications Jeff Sieg tells Inside INdiana Business once the new plant is functional in Mitchell, the company plans to end cement and clinker production at Speed Cement Plant and Terminal in Sellersburg. Around 100 jobs could be affected in Clark County in about four years.

  • The manufacturer says the project will result in up to 107 new jobs by 2021.

    Spa Maker Growing In Fort Wayne

    Fort Wayne-based Master Spas is planning to add more than 100 jobs at its Allen County operations. The company is investing $15 million to turn the former Fort Wayne Plastics facility into what it says will be the largest swim spa manufacturing operation in the world. The new facility, which is next to Master Spas' current campus, is scheduled to be fully operational by January and will expand the company's footprint by six acres.

  • (photo courtesy WTHI-TV)

    Sony DADC Tax Incentives Dissolve

    The Terre Haute City Council has pulled tax abatement support for Sony DADC US Inc. at the company's request. The media technology company has had a presence in Vigo County for 35 years and in January, announced it would be outsourcing music and movie disc production. The decision was based on reduced demand as consumers continue to shift to digital means of media consumption. Some 375 employees -- more than half the Sony DADC workforce in Terre Haute -- lost their jobs.

  • (Image courtesy of Lake Station Fire Department.)

    Federal Grants Boost Hoosier Fire Departments

    Several fire departments throughout the state have been awarded federal funding. The Assistance to Firefighters Grant Program supports departments throughout the country on initiatives including facility modifications, additional protective equipment and wellness and fitness initiatives. The Indiana recipients are Terre Haute, Lake Station, Pike Township in Marion County, South Bend and Decatur Township in Marion County. The grant initiative is a partnership between...

  • $300M Project Underway at BP Whiting Refinery

    BP PLC (NYSE: BP) has detailed a $300 million investment at its Whiting Refinery. Our partners at The Times of Northwest Indiana report a company official discussed the project, which will involve up to 500 construction jobs during the next two years. The new facilities will include naphtha hydrotreater technology designed to remove enough sulfur to meet future, more stringent U.S. Environmental Protection Agency standards. The publication reports...

  • Cement operations were first started in the early 1900s.

    Cement Maker Details $600M Investment in Mitchell

    The Texas-based owner of a Lawrence County cement supplier has announced a major investment. Lehigh Hanson Inc. says it plans to pump over $600 million into the Lehigh Cement Co. plant in Mitchell and add more than 50 jobs in the next four years. The company says the modernization effort is the largest it has ever launched in North America. It will involve a new plant on the 2,500-acre property where Lehigh Cement Co. began operations 116 years ago. The company expects to...

  • Kokomo Company Completes Expansion

    A Kokomo-based robotics parts supplier has completed its expansion in the Howard County city. AndyMark Inc. invested $1.5 million to move into a new facility, an effort that will also create up to 30 jobs by 2021.

  • (Image courtesy of Oji Intertech)

    Manufacturer Details Wabash County Expansion, Jobs

    A manufacturer is planning to add nearly three dozen jobs in North Manchester by 2021. Japan-based Oji Intertech Inc. says it will double the size of its current Wabash County plant with a $4.5 million investment. The company currently employs more than 100 associates in North Manchester and has begun the hiring process for production molding positions. The expansion includes 80,000 additional square-feet, as well as two more molding lines expected to launch in 2020.

  • All Subarus sold in North America are built in Lafayette.

    Subaru Racks Up Best-Ever First Half

    The New Jersey-based sister company that markets and distributes cars built by Subaru of Indiana Automotive Inc. in Lafayette says the first half of the year was a record-breaker. Subaru of America Inc. is reporting that sales in June were higher than the same month in 2017, continuing a 79 month streak. The first-ever Ascent, which rolled off a Tippecanoe County assembly line in May, was recently sold. Subaru of America Inc. says...

  • (photo courtesy of our partners at The Times of Northwest Indiana)

    Hammond Council Approves Lear Corp. Incentive

    The Hammond City council has approved a $4 million tax incentive for Michigan-based Lear Corp. (NYSE: LEA). The incentive is in relation to the auto part manufacturer's $30 million expansion project that includes a new 240,000-square-foot facility in the Lake County city. Our partners at The Times of Northwest Indiana report the incentive is part of a development agreement between the company and the city announced a year ago.

  • (Rendering provided by GDI Construction Corp.)

    Spec Building Planned in Whitestown

    Indianapolis-based GDI Construction Corp. has detailed plans for a new shell building in Boone County. The company has been contracted by Exeter Property Group of Philadelphia for the more than 635,000 square-foot building near I-65 and State Road 267 in Whitestown. The speculative building, GDI says, is expected to be complete in December and plans call for...

  • (Image courtesy Jackson County Industrial Development Corp.)

    Seymour Hosts Trade Ambassador For First Time

    The executive director of the Jackson County Industrial Development Corp. says the new Japanese Ambassador to the United States' first visit to Indiana reinforces the importance of the relationship between the state and one of its largest global trading partners. Jim Plump says Shinsuke Sugiyama's stop in Seymour also marked the first time any ambassador has been to the city. In an interview with Inside INdiana Business, Plump says multiple subjects like...

  • (photo courtesy Festool)

    Manufacturer Expanding Again in Lebanon

    Lebanon-based Festool has announced plans for another expansion. The Boone County Economic Development Corp. says the power tool manufacturer, which moved from California to Lebanon in 2006, will invest $9.3 million into the project and create up to 65 jobs. The expansion will create an additional 80,000 square feet to Festool's facility in the Lebanon Business Park. Chief Financial Officer Brian Goldthorpe says the company is...

  • (photo courtesy Westgate@Crane Technology Park)

    Showcase to Feature Several Startups

    An inaugural event Tuesday will not only feature 10 startup pitches from throughout southern Indiana, but also some well-known names in defense and technology. The WestGate@Crane Startup Showcase, which will include presentation by leaders from Purdue University, Indiana University and Crane Naval Surface Warfare Center, will spotlight innovations that were launched through the Purdue@WestGate Firestarter program. The speaker lineup includes...

  • The LiDAR (Light Detection and Ranging) mobile sensing platform on top of this vehicle is one of the projects to be researched through the new Innovation Hub. (photo courtesy Purdue University)

    Discovery Park to Lead Autonomous Vehicle Collaboration

    A growing part of Purdue University will play a key role in a nationwide joint research partnership. Discovery Park will lead the Innovation Hub for Connected and Autonomous Transportation Technologies, an initiative focused on expanding the research field of connected and autonomous vehicles. The partnership will be led by Darcy Bullock, professor of civil engineering and director of the Joint Transportation Research Program at Purdue.

  • (Image courtesy of Blue Dot Safes.)

    Safe Maker Locating to Lake County

    A custom safe manufacturer is planning to locate a distribution facility and call center in downtown Hammond. California-based Blue Dot Safes Inc.'s $1.25 million plans include creating 28 jobs. The company says it expects to complete renovation and the addition of equipment at its new operation -- the second Blue Dot location -- by the fall. Blue Dot says the Hammond facility will house its 24/7 in-bound call center and handle distribution and fulfillment throughout the Midwest.

  • (Image courtesy of the RVIA)

    Elkhart Institute to Address RV Technician Shortage

    The Virginia-based Recreational Vehicle Industry Association has created a new foundation, the RV Technical Institute, which will be located in Elkhart. The association says the $10 million investment will include a new headquarters and training facility, which aims to address the shortage of trained technicians in the RV industry and to implement metrics to track the RV customer experience. The RVIA says locating the institute in Elkhart will give technicians the opportunity for...

  • The startup will build at the Crawford County Industrial Park. (photo courtesy Crawford County Economic Development)

    Startup Building in Crawford County Industrial Park

    A southern Indiana startup has announced plans to build a new facility in Crawford County. SIMCO of Southern Indiana will construct and equip the facility in the Crawford County Industrial Park, creating 10 jobs by 2021. SIMCO focuses on the manufacturing of reflective bubble insulation products. Financial terms of the project are not being disclosed, however the Indiana Economic Development Corp. says the facility is expected to be fully operational by...

  • Rolls-Royce Lands $420M Contract

    The U.S. Department of Defense has awarded a massive military contract to Rolls-Royce Corp. in Indianapolis. The $420 million contract calls for engine sustainment services for the U.S. Air Force.

  • eLuxury, formerly known as eLuxurySupply.com, announced its move to Evansville in 2016.

    NC Company Completes eLuxury Investment

    North Carolina-based Culp Inc. (NYSE: CULP) has completed its majority ownership investment in Evansville-based eLuxury. Culp, which announced the investment last month in its quarterly earnings report, says the deal "expands our ability to participate in the rapidly growing e-commerce direct-to-consumer space."

  • Poll Shows 'Unprecedented' Electric Works Support

    Greater Fort Wayne Inc. has released survey results that suggest a high level of support for the planned Electric Works redevelopment of the city's old General Electric campus. The economic development organization commissioned the survey, which includes results from 600 respondents who live in the city or Allen County. It shows 86 percent of residents have a very favorable or somewhat favorable view of the 39-acre transformation. GFW Inc. Board Chair Andrew Thomas says the results...

  • (photo courtesy Hydro Extrusion North America)

    Aluminum Manufacturer Expanding in North Liberty

    Illinois-based Hydro Extrusion North America is planning to expand its operations in St. Joseph County. The South Bend Tribune reports the company will invest $9.5 million on new equipment and renovations for its facility in North Liberty. The North Liberty Town Council has approved a 10-year, $1.1 million tax abatement for the project. Company officials said it was possible the plant could have closed if the project did not move forward, according to the publication.

  • (Image courtesy of EDI)

    Cummins Acquisition 'Accelerates' Electrification Ambition

    Columbus-based Cummins Inc. (NYSE: CMI) is continuing its drive to become a world leader in electrified power technology. Electrified Power Business Unit Executive Director Julie Furber says Monday's acquisition of Efficient Drivetrains Inc., a fully-electric and hybrid commercial vehicle business in the Silicon Valley, is part of an expected $500 million investment over the next three years in electrification technology.

  • Japanese Trade Official Coming to Columbus

    Japan's Consul-General in Chicago is slated to be in Bartholomew County next month. Naoki Ito will be the keynote speaker at the 2018 Annual Meeting of the Greater Columbus Economic Development Corp. The presentation will include discussion on how relations between the United States and Japan affect the economy in Columbus. EDC President Jason Hester says some 6,000 Bartholomew County residents are employed by companies owned by Japanese interests. He says...

  • (Image courtesy of Monarch Beverage Co.)

    Monarch Beverage Details Job Cuts

    Indianapolis-based Monarch Beverage Co. has announced a round of layoffs. In a notice to the state, the alcohol distribution company, considered the largest in Indiana, says more than 90 positions will be eliminated as a result of the company closing its wine division. Its largest wine supplier, California-based E. & J. Gallo Winery, elected to end a contract with Monarch. Earlier this year, Monarch's long-running pursuit of regulations that would allow it to...

  • (photo courtesy Cummins)

    Cummins to Acquire Silicon Valley Company

    Columbus-based Cummins Inc. (NYSE: CMI) has announced plans to acquire a company in the Silicon Valley. Cummins says the deal for Efficient Drivetrains Inc. will help accelerate its electrification capabilities. EDI designs and produces hybrid and fully-electric power solutions for commercial markets. Financial details of the acquisition were not immediately disclosed. Cummins says it expects the deal to close in the third quarter.

  • (Image courtesy of TOA WInchester LLC)

    Report: Randolph County Manufacturer Lays Off Dozens

    A Randolph County employer has laid off 56 workers. The Palladium-Item in Richmond reports the TOA Winchester LLC layoffs took effect immediately last week and the manufacturer now has around 220 employees in Winchester. TOA Vice President of Business Eric Fields told the publication multiple factors played into the "executive decision." He added the management and departmental structures of the operation were restructured to varying degrees from...

  • The work will be performed at Loughmiler Machine Tool & Design's facility in Loogootee.

    Loogootee Company Awarded Military Contract

    The U.S. Department of Defense  Loughmiller Machine, Tool and Design Inc.,* Loogootee, Indiana, is awarded a $9,500,000 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the manufacture of AN/SPS-48E radar antenna arrays.

  • (Image courtesy of the Indiana Office of Community and Rural Affairs.)

    Miami County Property Upgraded to 'Site Certified Prime'

    A Miami County property has received an upgraded development designation. The Grissom South Industrial Park is now Site Certified Prime according to the Indiana Office of Community and Rural Affairs, the highest designation of its kind issued by the state agency. The property, located within the Grissom Aeroplex, includes a multi-million dollar shell building owned by the Miami County Economic Development Authority.

  • Steel Dynamics Completes $400M Acquisition

    Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) has completed its $400 million acquisition of Heartland Steel Processing in Terre Haute. Steel Dynamics says the deal will expand its annual flat roll steel shipping capacity to 8.4 million tons and total steel shipping capability to 12.4 million tons. 

  • Pictured left-to-right: KSM Location Advisors President Katie Culp and Chief Executive Officer Tim Cook.

    Patience, Collaboration Key For Big Indy Developments

    Patience has paid off in the form of several mega-developments in the works in Indianapolis, according to executives from KSM Location Advisors. Chief Executive Officer Tim Cook and President Katie Culp discussed high-profile properties including 16 Tech, the former General Motors Stamping Plant and the Infosys and Republic Airways plans for the old Indianapolis International Airport lot. During our (i) on Economic Development segment Cook and Culp said...

  • (Rendering courtesy of Hendricks Commerical Properties.)

    Developer Pursuing 'Wow' Factor at Indy's Bottleworks

    Construction is underway on the $300 million Bottleworks District on the north end of Mass Avenue in Indianapolis and its Wisconsin-based developer says he hopes the final product will make Hoosiers to say, "Wow, that's ours." Hendricks Commercial Properties Chief Executive Officer Rob Gerbitz says environmental cleanup has been the main focus for the last six months on the former Coca-Cola Bottling Plant-turned-Indianapolis Public Schools bus terminal.

  • RV Shipment Momentum Slows a Bit

    The Virginia-based Recreational Vehicle Industry Association, which has an office in Elkhart, says total shipments ticked down in May, compared to the same month last year. Year-to-date, the organization says shipments are still nearly 10 percent higher than at this point last year. Survey results show close to 230,000 RVs have shipped through May. Shipping totals increased in each of the first four previous months of 2018, compared to the same month last year.

  • E-Warfare Technology Contract Goes to Fort Wayne's Raytheon

    Raytheon Co. in Fort Wayne has secured a big contract for the U.S. Navy and Australian government. The company has been awarded $65.4 million for engineering and software development work relating to the EA-18G Airborne Electronic Attack aircraft, which has electronic warfare capabilities. The contract also involves system improvements, prototypes and simulations, as well as other engineering, integration and testing work. The U.S. Department of Defense says...

  • Hicks: Trump Tariffs 'Profoundly Negative' For Indiana

    A Ball State University economist has released a policy statement that estimates fallout from President Donald Trump's tariffs could result in the loss of more than 30,000 Hoosier jobs over the next seven years. Center for Business & Economic Research Director Mike Hicks says the "very conservative" estimates suggest big hits to Indiana's Gross Domestic Product to the tune of $668 million next year alone if actions among the U.S., European Union, China and Canada persist.

  • The discussion took place at the IoT Lab in Fishers.

    Cook, Fishers Mayor Discuss Leadership, Entrepreneurship

    An event Wednesday at the Indiana IoT Lab in Fishers showcased one of Indiana's highest-profile life sciences companies. Fishers Mayor Scott Fadness hosted Bloomington-based Cook Group Inc. Chairman Steve Ferguson and Cook Group President Pete Yonkman for a discussion on executive leadership. Yonkman says the event offered an opportunity to learn more about innovation and entrepreneurship at the IoT lab and nearby Launch Fishers coworking space.

  • Telamon's corporate headquarters are located in Carmel.

    Telamon Expands to Europe

    Carmel-based Telamon Corp. is expanding internationally. The company, which provides telecommunication services to businesses in a variety of industries, has opened a manufacturing facility in Macedonia in an effort to meet the growing demands of customers throughout the world in its industrial solutions division. Telamon says the new facility will help the company's growth in the European market. Telamon Industrial Solutions manufactures...

  • Westfield Mayor Part of National Discussion

    Westfield Mayor Andy Cook says he is bringing a practical approach to a panel convened by the U.S. Department of Transportation focusing on how roads and rail affect leisure industries. Cook is the only elected official on the 15-member National Advisory Committee on Travel and Tourism Infrastructure, which has been meeting this week in Washington, D.C. In an interview with Inside INdiana Business, Cook says convention and visitor spending is an overlooked asset in the Hoosier economy...

  • Hy-Pro Filtration Growing in Anderson

    Anderson-based Hy-Pro Filtration is planning to expand operations in the Madison County city. Our partners at The Herald Bulletin report the Anderson Board of Public Works has approved incentives for the company, which will invest $1.6 million in the project, creating 30 jobs.

  • Talbert Manufacturing was founded in 1938.

    Rensselaer Manufacturer Lands Military Contract Boost

    The U.S. Department of Defense has awarded a nearly $43 million military contract boost to a Rensselaer manufacturer. The deal with Talbert Manufacturing Inc. calls for the procurement of trailers and associated items for the U.S. Army.

  • (photo courtesy Whitley County EDC)

    Medical Device Company Building in Whitley County

    A Tennessee-based medical device manufacturer has broken ground on a new research and development facility in Columbia City. The Whitley County Economic Development Corp. says the investment from Wright Medical Group N.V. will create up to 20 jobs. The project is estimated to cost more than $3 million. The new facility will be located in the Park 30 Business Center in the Whitley County city. Wright Medical Group specializes in...

  • (Image courtesy of Steel Dynamics) The company has flat roll steel operations in Indiana, Mississippi and Pennsylvania.

    Steel Dynamics Expanding in Mississippi

    Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) is planning a $140 million investment in a Mississippi facility. The addition of a new galvanizing line at its Columbus Flat Roll Division will create 45 jobs. Chief Executive Officer Mark Millett says it will be the third operation of its kind in the company's portfolio and will involve "higher-margin production" in Mississippi.

  • Manufacturer Announces Elkhart Layoffs

    Illinois-based New Flyer of America Inc. is planning to close its facility in Elkhart. In a notice to the state, the company says nearly 80 employees will be out of work when the plant closes in April 2019. 

  • Bristol Company to Close Plant

    Bristol-based Diversified Machine Bristol LLC has announced plans to close its Elkhart County facility. In a notice to the state, the company says the decision will result in the layoffs of 95 employees over the next several months.

  • ArcelorMittal names new North American CEO

    ArcelorMittal Names New North American CEO

    ArcelorMittal (Nasdaq: MT), a global steelmaker with a major presence in northwest Indiana, has named Bradley Davey chief executive officer for their North American operations. Davey will report directly to chairman and CEO Lakshmi Mittal, and also is now a member of the Group Management Committee. He previously was vice president and chief marketing officer for ArcelorMittal North America.

  • (Image courtesy of Indiana American Water.)

    Construction Begins on $45M Water Treatment Project

    Indiana American Water and city officials have broken ground on a $45 million project that includes replacement of the water treatment facility in Richmond. The work also involves the addition of ultraviolet disinfection technology, a new chemical building and the transition to a new liquid disinfectant. Indiana American Water says it will install a 20-foot transmission line running from its main station to a new Middlefork facility that will replace its current pumping station on...

  • (photo courtesy of our partners at The Times of Northwest Indiana)

    U.S. Steel Names Gary Works GM

    Pittsburgh-based United States Steel Corp. (NYSE: X) has named a new general manager for its largest integrated steel making facility. Daniel Killeen will now lead the day-to-day operations of the facility, located in Gary. 

  • Mayor: Kokomo Becoming 'Destination'

    While many traditional automotive communities continue to lose jobs and population, Kokomo, once described by Forbes as one of America's "fastest-dying cities," is showing signs of bucking that trend. In the midst of unprecedented investment in its downtown, Kokomo saw an increase, albeit a small one, in population from 2016 to 2017, according to the U.S. Census Bureau. Forecasts have suggested the city could lose as much as 2 percent of its population annually.

  • The work is expected to be complete by August 2020.

    Jasper Company Earns Military Contract

    Jasper-based Krempp Construction has earned a nearly $17 million military contract. The deal involves the construction of new buildings at Naval Support Activity Crane in southern Indiana, as well as the demolition of 11 buildings. The contract with the U.S. navy calls on Krempp to construct a shipping and receiving building, as well as an ammunition production building for plating metal munition parts. The deal also involves railroad, utility, lighting, infrastructure and...

  • GM is looking to fill more than 100 jobs in the Fort Wayne area.

    Auto Job Fair Coming to Allen County

    General Motors is hiring more than 100 new employees in Fort Wayne. The positions in everything from finance to manufacturing are following a gradually increasing presence in the area for the past few years. In 2016, the company invested $127 million in its casting plant in Bedford and planned to pump an additional $1 billion into the Fort Wayne area over the next few years to double the size of its operation. The expansion of GM’s operations has led to increased business for ...

  • (Image courtesy of Dickinson Fleet Services.)

    Dickinson Fleet Services Grows Footprint

    An Indianapolis-based transportation fleet maintenance and management company has announced an acquisition. Dickinson Fleet Services' deal for Outsource Fleet Services Inc. includes facilities in the Chicago, Columbus, Atlanta, Dallas/Fort Worth and Southern California markets. Executive Officer Ted Coltrain says terms of the deal are not being disclosed, but the company will continue to add resources to its Indianapolis corporate office.

  • (Image of Angie Raymond courtesy of Indiana University.)

    E-Commerce Ruling Generates Reaction

    A ruling by the U.S. Supreme Court on taxing e-commerce is generating reaction throughout the state. In a 5-4 decision, the high court has opened the door for online retailers to charge consumers sales tax, even if the business is based in a different state than the buyer. Both Governor Eric Holcomb and the Indiana Chamber of Commerce hail the reversal of a previous ruling as a way to "level the playing field" for Hoosier businesses competing with out-of-state-headquartered...

  • The expansion will create 20 new jobs.

    C&A Tool To Expand in Churubusco

    Expansion plans are underway for C&A Tool Engineering MinbeaMitsumi Inc. in Churubusco. The company will add equipment for manufacturing, research and development and information technology. The plans also include adding 20 new jobs. 

  • Rigging Maker Growing Indiana Footprint

    Indianapolis-based Tway Lifting Products is opening a new facility in Fort Wayne. The company, which makes industrial and commercial rigging products, says it is investing $1 million into the 20,000 square-foot Allen County operation, which will be home to a small number of new employees. The Fort Wayne site, a renovated facility, will include wire rope sling assembly, tensile load testing, chain sling fabrication and production support equipment, as well as retail capabilities.

  • Mark Howell serves as CEO of Conexus Indiana.

    Gathering to Sell Manufacturing, Logistics to Interns

    Conexus Indiana, the state's advanced manufacturing and logistics initiative, will showcase those industries Thursday in Indianapolis for 150 interns. The event will discuss job opportunities and the importance of the highly-skilled fields. Conexus Indiana Chief Executive Officer Mark Howell will deliver opening remarks and Indianapolis-based Project Lead The Way President Vince Bertram will serve as keynote speaker. Thursday's gathering is part of a two-day summit that includes...

  • Rural Indiana Facing 'Have/Have-not Situation'

    The CEO of Indianapolis-based Indiana Fiber Network calls the 16-year-old broadband internet provider "a great Hoosier success story." IFN, which was launched with a focus on high-speed connectivity for 20 rural telephone companies, now includes some 4,000 buildings throughout the state plugged-in through a network of more than 4,500 miles of fiber. Despite its growth, Jim Turner says there's still work to be done to bridge the broadband access gap in rural areas.

  • (photo courtesy WESCO Distribution)

    WESCO Growing in Delaware County

    Pennsylvania-based WESCO Distribution has announced plans to expand its operations in Delaware County. The company says it will move its Daleville branch to a new shell building currently under construction and slated to be complete by the fall. 

  • Greater Fort Wayne Inc. says construction will begin in August.

    Anodizing Startup Building in Fort Wayne

    A startup aluminum anodizing company has announced plans to build its first location in Fort Wayne. Greater Fort Wayne Inc. says Northern Indiana Anodize will invest nearly $7 million to build the facility and create up to 48 jobs by the end of 2021.

  • (rendering courtesy Pro Seal & Plastics)

    Pro Seal to Expand Fort Wayne Location

    Fort Wayne-based Pro Seal & Plastics LLC has announced plans to expand its Allen County operations. The company will invest $2.5 million to double the size of its facility and add more than a dozen jobs within the next year. 

  • (Estimate graphic provided by the I-69 Ohio River Crossing Project Team.)

    I-69 Bridge Project On-Track, Tolling 'Top Issue'

    The spokesperson for the planned Ohio River Crossing bridge project in southwest Indiana says tolling has emerged as a top issue throughout the public input process. Mindy Peterson tells Inside INdiana Business "unless there's a magic pot of money that is found somewhere, a new I-69 bridge will be tolled." She says the project team is still in information-gathering mode and questions including whether U.S. 41 will be tolled in the future will be...

  • (photo courtesy LCI Industries)

    LCI Leader Wins 'Entrepreneur of the Year'

    The chief executive officer of Elkhart-based LCI Industries Inc. (NYSE: LCII) has received a major honor. Jason Lippert has been named the 2018 EY Entrepreneur of the Year for the Midwest region.

  • (Image of General Gene Renuart courtesy of the Indiana Innovation Institute.)

    Agreement Paves Way For Microelectronics Collaboration

    A new four-way partnership aims to boost the state's national position in the field of trusted microelectronics. The Indiana Innovation Institute, Crane Naval Surface Warfare Center, Indiana University and Purdue University have inked a cooperative research and development agreement that officials say will drive research, talent and economic development. The collaboration will work to develop microelectronics that are...

  • (photo courtesy of our partners at the Daily Journal)

    Bargersville Company to Relocate

    A nearly 80-year-old company in Johnson County is looking to expand. Our partners at the Daily Journal report Bargersville-based Roy Umbarger and Sons is planning to invest $13 million to relocate its feed division to a site near Franklin.

  • (Image courtesy of The Finish Line Inc.)

    The Finish Line Acquisition Complete

    The nearly $560 million acquisition of Indianapolis-based The Finish Line Inc. is complete. The deal by JD Sports Fashion plc, a retailer headquartered in the United Kingdom, was announced in March. Finish Line shareholders last week approved the transaction. The Finish Line is now a wholly-owned subsidiary of JD Sports. Finish Line Chief Executive Officer Sam Sato will remain with the surviving corporation and will maintain a seat with the board of directors.

  • (photo courtesy New Mill Capital Holdings and Tiger Group)

    Sazerac Acquires Former General Mills Plant

    Louisiana-based Sazerac Co. Inc. has made the first step in its recently-announced plans to locate a new alcohol bottling facility in Indiana. The company has purchased the former General Mills plant in New Albany for an undisclosed sum, a move that is part of an overall $66 million investment that is expected to create up to 110 jobs by 2021. A joint venture between New Mill Capital Holdings LLC and Tiger Group sold the facility to Sazerac. The 455,000-square-foot plant closed...

  • (photo courtesy WTHI-TV)

    Terre Haute Council Sets Hearing With Sony DADC Reps

    The Terre Haute City Council has scheduled a hearing with representatives from Sony DADC regarding the company's tax incentives. Our partners at WTHI-TV report the hearing is related to layoffs the company announced in January.

  • NTK Precision Axle Corp. announced plans for a new facility in March 2017. (rendering courtesy NTK)

    NTK Receives Late Incentives For Anderson Plant

    The Anderson City Council has approved belated tax incentives for Japan-based NTK Precision Axle Corp. Our partners at The Herald Bulletin the approvals are related to the company's 300,000-square-foot manufacturing facility, which began production earlier this year.

  • Allegiant International Acquired by Cincy Company

    A Cincinnati-based engineering, supply chain, technical recruiting and IT services supplier has acquired Indianapolis-based Allegiant International LLC. Belcan LLC is not disclosing the financial terms of the deal. 

  • (Rendering courtesy of RTM Ventures.)

    Draft: City Willing to Chip in More For Electric Works

    The city of Fort Wayne has released a draft development agreement that shows officials are on-board with seeking $62 million in public funds requested by the redevelopment group behind the proposed transformation of the abandoned General Electric campus. Paperwork released by the city details a series of conditions RTM Ventures LLC must meet in order to receive the incentives for the $440 million Electric Works project. Mayor Tom Henry's previous public statements involved...

  • Walmart: New Milk Plant Fed by Hoosiers Farmers

    The largest retailer in the country will host a grand opening Wednesday in Fort Wayne for its first milk processing plant in North America. The 250,000 square-foot Walmart Inc. (NYSE: WMT) facility, the company says, has already created more than 300 jobs. Plans for the plant were unveiled two years ago following an increased emphasis by the Indiana State Department of Agriculture on boosting the Hoosier dairy industry. In an interview with Inside INdiana Business...

  • Coda comes to the ports building on a 25-year logistics career.

    Ports of Indiana Names New CEO

    The Ports of Indiana has named Vanta E. Coda II its next chief executive officer. Coda most recently served as executive director of the Duluth Seaway Port Authority, which the organization says is the busiest port district on the Great Lakes. His previous experience also includes an executive role with Jeffersonville-based American Commercial Barge Lines. Coda succeeds Rich Cooper, who is retiring next month after 16 years with the Ports of Indiana.

  • (image courtesy of Manufacturing courtesy of the Economic Development Corp of Elkhart County.)

    Report: Elkhart-Goshen Region Tops in Job Growth Since Recession

    U.S. Department of Labor data shows three Indiana cities have made some of the largest employment gains in the country since the end of the Great Recession. Bloomberg reports employment in the Elkhart-Goshen region increased by more than 41,300 jobs since 2009, the highest in the U.S. Kokomo was third overall and Columbus came in 13th. The numbers suggest unemployment in Elkhart-Goshen fell by nearly 14,000 over the last nine years.

  • MasterBrand Cabinets Closes Alabama Facility

    Jasper-based MasterBrand Cabinets abruptly closed its Auburn, Alabama facility on Tuesday. The company had operated at the location since 1999. MasterBrand released a statement just after the announcement Tuesday morning, in which they stated the company "continued to see market conditions and consumer tastes change over the last few years. In order to improve operational efficiencies while addressing these market changes, we will close the Auburn, AL manufacturing plant eff...

  • (Image courtesy of Cook Group)

    Cook Medical Poised to Purchase High-Profile NC Property

    Bloomington-based Cook Medical has announced an agreement to acquire a former cigarette factory in North Carolina. The medical device manufacturer says it plans to transform the R.J. Reynolds building, vacant since 2012, into the new home for its Winston-Salem operations. Cook Medical employs more than 650 in the North Carolina city. Cook Medical Winston-Salem facility President Barry Slowey says...

  • ClearObject Collaboration Acts as 'Accelerator'

    The chief executive officer of Fishers-based ClearObject Corp. says a new partnership with UI Labs' Digital Manufacturing and Design Innovation Institute in Chicago will broaden the Internet of Things-focused company's global presence. John McDonald says the collaboration will provide access to university and industry talent, expertise and connections. ClearObject is one of over 300 UI Labs partners, including Boeing Co. (NYSE: BA), Caterpillar Inc. (NYSE: CAT) and...

  • (photo courtesy The Times of Northwest Indiana)

    Valpo Steel Workers Go On Strike

    Workers at the Union Electric Steel plant in Valparaiso are on strike. Our partners at The Times of Northwest Indiana report more than 80 employees are picketing the plant over pay issues with the Pennsylvania-based company.

  • (Image courtesy of Save The Medora Brick Plant.)

    Local Group Working to Turn Old Brick Plant Into Park

    A community-based group that owns a historic Jackson County landmark is looking toward the future with recent clean-up efforts that could lead to its eventual restoration as a park. Medora Brick Plant & Historical Sites Inc. recently held a dedication ceremony and discussed its intention to transform the site into an attraction. Bricks were produced on-site until the early 1990s and the organization officially acquired the property in December. The Tribune in Seymour reports...

  • Patrick Acquires Marine Accessories Corp.

    Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has acquired Tennessee-based Marine Accessories Corp. Financial terms of the deal were not immediately disclosed, however Patrick says MAC will continue to operate under its brand names in its existing facilities.

  • Public Meeting to Detail I-69 Work

    A public meeting Monday will focus on additional construction work on I-69 in east central Indiana. The meeting will be conducted by the Indiana Department of Transportation to detail and answer questions about added travel lanes and maintenance. The work will involve a section of the interstate between State Road 38 and State Road 32. The hour-long public meeting will include INDOT and contractors Walsh Construction and Rieth-Riley. It will begin at...

  • (Graph courtesy of Conexus Indiana and Ball State University.)

    State Scores 'A' in Manufacturing, Logistics Health

    A new study shows employment in the manufacturing sector in Indiana is expanding faster than ever before and the logistics industry is experiencing its second-longest expansion in 50 years. The 2018 Manufacturing and Logistics Report Card, a collaboration between the Ball State University Center for Business and Economic Research and Conexus Indiana, graded states in nine categories and Indiana is one of only five states to receive an "A" overall.

  • Ivy Tech, Manufacturer Offering Degree Pathway

    Ivy Tech Community College in Fort Wayne has signed an agreement with Columbia City-based manufacturer 80/20 Inc. The deal gives the company's employees the chance to earn college credit through Ivy Tech's Achieve Your Degree program. 

  • (Image courtesy of the RVIA)

    RV Industry Association Forecasting Record Years

    The Recreational Vehicle Industry Association expects a record year in 2018 and even higher totals next year. The Virginia-based organization, which has an office in Elkhart and represents some 400 manufacturers and suppliers, expects close to 540,000 units to ship in the U.S. by year's end. The industry and Elkhart County where most RVs are made were hit hard by the Great Recession, but the RVIA says it has experienced nine consecutive years of growth and two straight record years.

  • (photo courtesy Subaru Indiana Automotive)

    Subaru Continues Sales Growth

    Subaru of America Inc., which markets and distributes models made by Subaru of Indiana Automotive Inc. in Lafayette, is reporting the best May sales in the history of the company. The automaker says the month also marked the best May ever for the Outback model, which is made in Tippecanoe County. In all, Subaru of America is reporting a 7.2 percent sales increase compared to May 2018, which it says makes 78 consecutive months of yearly month-over-month growth.

  • Thor relocated its headquarters to Elkhart County in 2013.

    Another Record Quarter For Thor

    Elkhart-based Thor Industries Inc. (NYSE: THO) is reporting record fiscal third quarter net income of $113.8 million, up from $111.3 million during the same period last year. Chief Executive Officer Bob Martin says the results "reflect another period of solid growth of both sales and earnings." 

  • New Nonstops Debut in South Bend

    South Bend International Airport will Thursday celebrate the arrivals of its latest nonstop flights. The flights between Dallas/Fort Worth International Airport and Charlotte Douglas International Airport are part of an ongoing effort to attract more nonstop and direct flights at SBN. American Airlines is the carrier for both routes, which will travel to two of the carrier's largest hubs. Executive Director Mike Daigle says the flights are a result of...

  • Another Acquisition For LCI Industries

    Elkhart-based LCI Industries (NYSE: LCII) is continuing its growth through acquisitions in 2018. The company has acquired Italy-based manufacturer STLA s.r.l. in a $15.4 million deal.  STLA manufactures bed-lifts and other recreational vehicle components for the European caravan market.

  • (Image courtesy of Eli Lilly and Co.)

    Indiana, Metro Areas Stand Out in Life Sciences Report

    A new survey shows Indiana is again a top-rated state for employment in the life sciences industry. The results from a bi-annual report from the Biotechnology Industry Organization and TEConomy Partners show tens of thousands of Hoosier jobs are connected to subsectors including agriculture feedstock and chemicals, drugs and pharmaceuticals, and medical devices and equipment. Other categories include...

  • (rendering courtesy Marshall County EDC)

    Argos Manufacturing Center Set to Open

    Officials in Marshall County will Wednesday cut the ribbon on the nearly $2.8 million Argos Manufacturing Center. The facility, which received $400,000 in Regional Cities Initiative funding, is in the town's 75-acre industrial park.

  • (photo courtesy Wabash National)

    New Wabash National CEO Begins

    The new chief executive officer of Lafayette-based Wabash National Corp. (NYSE: WNC) has begun his tenure. Brent Yeagy was named CEO in December, succeeding Dick Giromini, who stepped down from the role Friday. 

  • Haynes International CEO to Retire

    The chief executive officer of Kokomo-based Haynes International Inc. (Nasdaq: HAYN) has announced plans to retire. Mark Comerford, who has served in the role for nearly 10 years, will remain with the company as an advisor through September 30, which is the end of the company's fiscal year.  Michael Shor, chairman of the board for Haynes, will serve as interim president and CEO until a permanent successor to Comerford is named. The company says Comerford will assist Shor during...

  • I-69 + P3 Summit Set in Bloomington

    An event focusing on the evolution and potential of a high-profile corridor kicks off Tuesday in Bloomington. The Indiana Chamber's I-69 + P3 Summit will bring together leaders from business, government and higher education. It will feature discussions, presentations and breakout session on legislative action, federal infrastructure developments and short and long-term action. Other professionals involved in the event hail from...

  • (photo courtesy Rockwell Automation)

    Rockwell Automation Planning 230 Whitestown Jobs

    A Milwaukee-based industrial automation company is detailing plans to consolidate Illinois and Tennessee operations into a Whitestown facility. Rockwell Automation Inc. (NYSE: ROK) says it will invest nearly $16.5 million into a new distribution and warehousing operation at the All Points at Anson Development near I-65 in the Boone County town. The move is expected to involve more than 230 jobs over the next five years.

  • Skyline Corp. is headquartered in Elkhart.

    Skyline, Champion Merger Complete

    The merger of Elkhart-based Skyline Corp. and Champion Enterprises Holdings LLC in Michigan is complete. The combined company, known as Skyline Champion Corp., will trade on the New York Stock Exchange under the ticker symbol SKY.

  • Hollingsworth calls shipping "very much the blood that runs through the veins of this economy."

    Rep Pushing Truck Driver Shortage Plan

    Congressman Trey Hollingsworth (R-9) says "antiquated federal laws" are in part fueling a national shortage of 89,000 commercial truck drivers. He joined representatives from Mister "P" Express Inc. today in Jeffersonville to push a proposal that would let those with commercial driver's licenses undergo additional training to be able to drive across state lines. He says his proposed DRIVE-Safe Act would allow more companies to hire and invest in...

  • Tom Salmon was named CEO in February 2017.

    Berry CEO Bullish on Continued Growth

    The chief executive officer of Evansville-based Berry Global Inc. (NYSE: BERY) says the company’s $70 million expansion in southeast Indiana is the result of being an inquisitive company. Berry is in the midst of hiring what will ultimately be 150 new employees by 2020 and Tom Salmon says he is excited about growing in Evansville, which he calls the “cornerstone of our company.” In an interview on Inside INdiana Business with Gerry Dick, Salmon said...

  • Representatives from One Southern Indiana and the Indiana Motor Truck Association will also take part in Monday's event.

    Hollingsworth, Industry Reps to Discuss Driver Shortage Proposal

    Congressman Trey Hollingsworth (R-9) will Monday join representatives from Jeffersonville-based Mister "P" Express Inc. and others to discuss the truck driver shortage facing Indiana and the United States. Hollingsworth will detail the proposed DRIVE-Safe Act, which supporters say will train the next generation of drivers to meet industry needs. Representatives from One Southern Indiana, Greater Louisville Inc. and the Indiana Motor Truck Association will also...

  • Rolls-Royce, AM General Score Military Contract Boosts

    The U.S. Department of Defense has awarded military contract extensions to Rolls-Royce Corp. in Indianapolis and South Bend-based AM General LLC. The contracts total more than $72 million. 

  • David Graziosi (photo courtesy Allison Transmission)

    New Allison CEO Begins Tenure

    The new chief executive officer of Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) has begun his new role. David Graziosi, who was named CEO in August, succeeds Lawrence Dewey, who retired Thursday.

  • Patrick Acquisitions Continue

    Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has is continuing its acquisition momentum. The company has completed its deal for Wisconsin-based Dowco Inc., though financial details were not immediately disclosed.

  • (photo courtesy Bennington Pontoon Boats)

    Elkhart Boat Manufacturer to be Acquired

    Minnesota-based Polaris Industries Inc. (NYSE: PII) has announced plans to acquire a pontoon boat manufacturer in Elkhart. The $805 million deal for Boat Holdings LLC is expected to close in the third quarter. Polaris says Boat Holdings is the largest manufacturer of pontoon boats in the country and generated $560 million in sales in 2017. The company says when the acquisition is complete, Boat Holdings will operate as a Polaris subsidiary with its headquarters and...

  • The Bristol facility manufactures the company's Utilimaster brand vans.

    Spartan to Host Job Fair in Bristol

    A subsidiary of Michigan-based Spartan Motors Inc. (Nasdaq: SPAR) will Thursday afternoon host a job fair in Elkhart County. Spartan Fleet Vehicles & Services says it is looking to fill 200 positions at its delivery vehicle manufacturing facility in Bristol. 

  • SF Motors unveiled concept vehicles in March.

    SF Motors Details Major Mishawaka Plans

    California-based SF Motors has detailed plans for a manufacturing hub in Mishawaka. The electric vehicle maker says it will invest more than $160 million to purchase, renovate and equip the St. Joseph County plant and create up to 467 jobs by 2020. The company says many of the hires will be displaced workers from the facility, which was formerly owned by AM General. SF Motors initially announced plans to acquire the Mishawaka commercial assembly plant in June of 2017.

  • More Military Contracts For Raytheon

    The U.S. Department of Defense has awarded Raytheon Co. in Indianapolis another military contract. The $9.5 million contract calls for technology support and software development services for the H-53 aircraft. 

  • Medical Device Manufacturer to Close Plainfield Facility

    California-based DJO Global has announced plans to close its facility in Plainfield. In a notice to the state, the medical device manufacturer says it will lay off 70 employees beginning in August before the facility closes at the end of October.

  • (rendering courtesy PTS Diagnostics)

    New Headquarters Breaks Ground in Whitestown

    An Indianapolis based medical device manufacturer has broken ground on a 135,000-square-foot global headquarters in Whitestown. PTS Diagnostics' $30 million project will take almost a year to complete and is projected to bring an additional 50 to 70 jobs to the Boone County town over the next 3 to 5 years.

  • (Image Courtesy Caterpillar Oil & Gas) The Caterpillar Lafayette Engine Center, built in 1981, is one of the company's most well-known operations in the state.

    CAT Planning Big Lafayette Investment

    One of Lafayette's largest employers is planning a big expansion at its Tippecanoe County operations. Illinois-based Caterpillar Inc. (NYSE: CAT) is seeking tax incentives on a proposed $73.6 million investment that could add 125 jobs. The heavy machinery manufacturer also says more than 1,350 employees will be retained as a result. The new jobs are expected to pay an average of around $28 per hour. The company says financing has already been approved for the project and the work...

  • (Image provided by Keating Supercars LLC.)

    'Supercar' Company to Open Discovery Park Facility

    England-based Keating Supercars LLC will Thursday officially dedicate its carmaker space at Purdue University's Discovery Park District in West Lafayette. The company will use the facility to produce the Viperia Berus coupe, what it calls the fastest street-legal vehicle in the United States. Keating says the car is able to reach speeds topping 230 miles per hour. The company plans to ultimately produce around 100 of the vehicles per year at Purdue. They are slated to...

  • Lightweighting focuses on using lightweight metal alloys to reduce weight, while enhancing performance--typically in the transportation industry. (photo courtesy State of Indiana)

    Report: Lightweighting Employment Highest Since 2006

    A report from Detroit-based LIFT (Lightweight Innovations for Tomorrow) says advanced manufacturing employment in Indiana reached new heights in 2018 with nearly 520,000 workers employed. 

  • In Austria, First Lady Holcomb visited the world headquarters of Fronius. The company’s North American headquarters is in Portage, Indiana.

    Hoosier Delegation Descends On Switzerland, Austria

    The Indiana delegation led by Governor Eric Holcomb is continuing its economic development efforts in Europe, now focusing on Central Europe and the companies that have a Hoosier presence. 

  • 16 Tech Taps Former LDI Exec For COO

    16 Tech Community Corp. has named Emily Krueger chief operating officer. She previously served as vice president of administration for Indianapolis-based LDI LTD. The organization is the operating entity of the high-profile, 60-acre 16 Tech innovation district coming together on the city's near west side. Krueger will help lead development efforts. Plans for 16 Tech include research and innovation space, as well as...

  • (Image Courtesy of RES Polyflow LLC)

    Plastics-to-Fuel Facility Clears Key Hurdle

    The Steuben County Board of Commissioners has approved a $1.5 million loan to support an Ohio company's planned plastics-to-fuel processing plant. The Herald Republican in Angola reports RES Polyflow expects to close soon on financing through the Indiana Bond Bank and could begin construction on the $131 million project in the coming weeks. Plans call for half of an 80-acre property to be used by the company, with the other half left open for additional development opportunities.

  • Centric, Inc. opens applications for latest Indiana Innovation Awards

    Applications Open for Indiana Innovation Awards

    Centric Inc. has announced it is accepting applications for the eighth annual awards that recognize individuals and organizations who lead innovation in the state. The Indiana Innovation Awards cover a wide range of industries, including manufacturing, technology, education and the arts. Past winners include Holiday World & Splashin' Safari, Octiv, Delta Faucet, 21st Century Charter School of Gary, Brackets for Good and RDM Aquaculture.

  • Do it Best CEO: Talent Needs Serve as Growth 'Governor'

    The chief executive officer of Fort Wayne-based Do It Best Corp. says the co-op's retailers are more concerned about talent attraction and retention than other issues including competition from big box stores and e-commerce. Dan Starr says low unemployment are putting pressure at "all levels" for the second-largest home improvement retail co-op in the country and the industry as a whole. Do It Best was founded in 1945 and currently employs nearly...

  • GTA Containers is headquartered in South Bend.

    Another Military Contract For GTA Container

    South Bend-based GTA Container Inc. is one of two companies to receive a three-year, multi-million-dollar military contract. The nearly $12 million contract from the U.S. Department of Defense calls for the production of collapsible nonmetallic hose assemblies. 

  • Patrick CEO Named Chairman of the Board

    The chief executive officer of Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) is adding to his leadership duties. The company's board of directors has appointed Todd Cleveland chairman of the board. Cleveland already served as a member of the board. 

  • Alcoa's Warrick Operations facility covers 9,000 acres.

    Smelter on Road to Restart

    A big industrial property in southwest Indiana is set to restart in the coming weeks. The Courier & Press in Evansville reports three of five potlines closed two years ago by the Alcoa Corp. (NYSE: AA) at the Alcoa Warrick Operations will be open again by the end of the summer and 275 jobs that were cut will come back along with it. The smelters, the company tells the publication, will continue to be powered by coal mined from local areas, including...

  • Last year, NineStar outlined efforts to expand fiber optic service in 10 Indiana counties.

    NineStar Connect Buys Cumberland Utility

    The town of Cumberland has accepted an offer from Greenfield-based NineStar Connect to acquire Gem Water Utility, which has been town-owned since 2010. As part of the deal, the nonprofit co-op says its communications subsidiary will build a fiber optic network connecting municipal buildings, parks and trails. NineStar also says it will begin building high-speed fiber optic facilities to each home and business within the Gem Water Utility territory within two years.

  • Skyline Corp. is headquartered in Elkhart.

    Completed Merger, NYSE Listing Nears For Skyline

    Weeks before its planned merger with a Michigan company is expected to close, Elkhart-based Skyline Corp. has begun the process of transitioning to a listing on the New York Stock Exchange. The manufactured and modular home producer says the NYSE listing will become active once the deal with Champion Enterprises Holdings is complete, which is expected to be within the first half of the year. Skyline Champion Corp., which will be the name of the combined business, will trade on the...

  • Kimball Electronics to Acquire California Company

    Jasper-based Kimball Electronics Inc. (Nasdaq: KE) has announced plans to acquire California-based GES Holdings Inc., Global Equipment Services and Manufacturing Inc. and its subsidiaries. Kimball says the $50 million deal is expected to close in the first quarter of the company’s 2019 fiscal year.

  • Calumet Loss Continues to Narrow

    Indianapolis-based Calumet Specialty Products Partners LP (Nasdaq: CLMT) is reporting a first quarter net loss of $4.8 million, compared to a loss of $6.2 million during the same period last year. Chief Executive Officer Tim Go says the company remains "intently focused" on progressing its strategic priorities this year.

  • (Image courtesy of CSN.)

    Steel Dynamics Adding Terre Haute Operation

    Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) has acquired a Terre Haute steel producer. The deal for Heartland Steel, a subsidiary of Brazil-based CSN Steel S.L.U., is valued at $400 million. Steel Dynamics says the addition boosts its flat roll steel production capacity from 8.4 million tons to 12.4 million tons. CSN took on Heartland Steel Inc. in Vigo County 17 years ago for $175 million. CEO Mark Millett says...

  • (Image courtesy of the GPTC.)

    Region Readies For Transportation Summit

    A two-day event focusing on mass transit opportunities in northwest Indiana will kick off Thursday in Hammond. The Regional Transportation Corporation Summit, hosted by the Gary Public Transportation Corp., will feature presentations and discussion on existing transportation and potential related development to boost the region's workforce and quality of life. Speakers include...

  • Nathan Glass will lead the division as senior VP of product development.

    Plastics Company Launches New Division

    Fortville-based Genesis Plastics Welding Inc. has launched a new division focusing on the medical device industry. The company says MedTech Launch will assist medical device startups in navigating the product launch process, from initial concept to production.

  • Former Angie's List COO Now Advocating For 'Best-Kept Secret'

    The new chief executive officer of the state's advanced manufacturing and logistics initiative says the two industries are among Indiana's "best-kept secrets." Mark Howell, who previously served as chief operating officer of Angie's List and president of Brightpoint Americas, took the helm of Conexus Indiana in January and says 20 percent of the Hoosier work force is connected to the sectors, producing 30 percent of the state's Gross Domestic Product. Howell says...

  • AM General produces Humvees for the military.

    AM General Awarded Military Contract

    The U.S. Department of Defense has awarded a major five-year contract to South Bend-based AM General LLC. The more than $69 million contract calls for the production of Humvees for the U.S. Army.

  • (photo courtesy Ball State University)

    Ball State Names Center After Former UPS CEO

    Ball State University has named its Logistics and Supply Chain Management Center after a former chief executive officer of United Parcel Service Inc. (NYSE: UPS). The university says the move honors Kent "Oz" Nelson for his career and "lasting impact on the university and the Miller College of Business."

  • (Image courtesy of the Ports of Indiana.)

    Unprecedented Mount Vernon Shipments Drive Record

    The Ports of Indiana is reporting a record first quarter. The statewide port authority says the Port of Indiana-Mount Vernon had the highest volume ever for any Indiana port in the first three months of the year, driving the total cargo handled by the three ports to 3.2 million tons. Big jumps in coal and grain shipments helped boost the record in Mount Vernon, which is coming off a record year for any port in the system's 57-year history.

  • Racing Events Spark STEM Connections

    Multiple off-track initiatives at the Indianapolis Motor Speedway will spotlight the connections among racing, technical skills and innovation for middle school, high school and college students. The Student Karting World Finals, M-STEM3 Student Fair and the Honda STEAM Connections Tour provide participants experiences that demonstrate science, technology, engineering, arts and math pathways and career possibilities. M-STEM3, which stands for...

  • Kinetrex has multiple filling, storage and liquefaction facilities throughout Indianapolis.

    Kinetrex Adds 'Rolling Laboratories'

    Indianapolis-based Kinetrex Energy has added a small-scale transportation venture. The liquified natural gas supplier, which was a subsidiary of Citizens Energy Group before its acquisition last year by Chicago-based Parallel49 Equity, has invested $500,000 into two LNG-powered fuel delivery trucks. Since the beginning of the year, Kinetrex has added six employees. It operates two liquefaction plants in Indianapolis and says...

  • (photo courtesy Rockwell Automation)

    Rockwell Consolidating Operations to Indy

    Wisconsin-based Rockwell Automation Inc. (NYSE: ROK) is planning to move operations in Illinois and Tennessee to Indianapolis. The News-Gazette in Illinois reports the company will open a distribution center in Indy as part of a consolidation effort.

  • (Image courtesy of Cummins Inc.)

    Cummins, Chinese Automaker Joining Forces

    Columbus-based Cummins Inc. (NYSE: CMI) has formed a joint venture with a Chinese automaker. The collaboration with JAC Motors, officially known as Jianghuai Automobile Group Co. Ltd, involves Cummins' acquisition of Navistar's half of the JAC-Navistar Diesel Engine Co. The joint venture will maintain its manufacturing operations in China. The deal still requires regulatory approvals. Cummins Group Vice President of China and Russia Steve Chapman says...

  • Honda says the investment into Insight production reflects its strategy of boosting its portfolio of electrified vehicles.

    Honda Begins Insight Production, Announces Investment

    Honda Manufacturing of Indiana has announced more than $30 million in new investment at the Greensburg plant as it begins mass production of the 2019 Honda Insight. The project includes a nearly 20,000 square-foot facility expansion to accommodate the vehicle's assembly. Honda says the Insight marks the first time HMIN has produced an electrified vehicle. The automaker debuted the hybrid sedan in January at the North American International Auto Show in Detroit. Honda says the...

  • (Image courtesy of Lilly.)

    Lilly Re-Acquires Cancer Compound

    For the second time in a week, Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced a big acquisition. The deal for AurKa Pharma Inc. in Canada involves an upfront payment of $110 million. The total value of the transaction could grow by up to $465 million if certain regulatory, marketing and sales marks are met. Last week, Lilly announced the $1.2 billion acquisition of ARMO BioSciences, which is based in California. AurKa Pharma was launched by...

  • (Image courtesy of Hardwoods Specialty Products Inc.)

    Hardwood Specialty Products Relocates in Elkhart

    A manufacturer in Elkhart is detailing expansion plans. Canada-based Hardwoods Specialty Products Inc. has invested around $4 million into a new distribution operation in Elkhart. The company says the 135,000 square-foot facility will help better serve customer demand. Its client base throughout the Midwest includes customers in Indiana, Ohio, Illinois, Kentucky, Missouri, Michigan and Minnesota. Hardwoods says it currently employs a total of 20 in Elkhart and could...

  • Manufacturing & Logistics Video

    • Elkhart Town Hall: Booming RV Industry

      Inside INdiana Business is on the road coming to you from the RV Capital of the World...Elkhart!  RV is big business for manufacturers, suppliers and the entire region. We talk to some of the industry’s major players, including longtime manufacturer Lippert and newcomer Furrion.

    • Elkhart Town Hall: Diversifying Its Economy

      There's more than the RV industry in Elkhart. We visit with the CEOs of supply chain provider Kem Krest and corrugated box manufacturer Welch Packaging to talk about expansion and future growth.

  • Perspectives: Manufacturing & Logistics

    • NSWC Crane Can Strengthen Indy's Economy

      Roughly 80 miles southwest of Indianapolis, the Naval Surface Warfare Center Crane is home to more than 3,200 personnel - approximately two-thirds of them scientists, engineers and skilled technicians. It's the only naval base not on a coast, a unique operation with a singular focus: Overcoming the technical challenges facing America's military to build a decisive technological advantage over our adversaries. 

  • Most Popular Stories

    • (Rendering of phase two of the Riverfront Fort Wayne project provided by the city of Fort Wayne.)

      Fort Wayne Riverfront Contract Pulled

      A proposed $2.5 million contract for the design work for the next two phases of the Riverfront Fort Wayne project has been pulled. Our partners at WPTA-TV report the Fort Wayne City Council withdrew the contract, which was set to go to Philadelphia-based DAVID RUBIN Land Collective.

    • Economic Development Announcement Set For Gary

      An economic development announcement is set for Thursday in northwest Indiana. Governor Eric Holcomb and Gary Mayor Karen Freeman-Wilson will join executives from Pittsburgh-based United States Steel Corp. (NYSE: X) for the event.

    • The building will be converted to the Aloft Indianapolis Downtown

      Historic Downtown Indy Building to Become Hotel

      A hotel owner and operator with offices in Columbus and New York has acquired a historic building in downtown Indianapolis. Everwood Hospitality Partners says it has invested $5 million to acquire the former Stockyards Bank Building and plans to invest an additional $13 million to transform the building into a 128-room hotel. The 12-story building, which was built in 1898, will become the Aloft Indianapolis Downtown. Renovation work is expected to begin in the...

    • Hoosier Schools Among 'Best Colleges in America'

      Nearly two dozen Hoosier institutions are included in MONEY magazine's rankings of the Best Colleges in America. More than 700 schools are on the list, which was determined by a number of factors in three categories, including quality of education, affordability, and outcomes.

    • Fort Wayne Radio Icon Butcher Passes Away

      A fixture in the Fort Wayne radio scene has passed away. Charly Butcher spent more than 30 years in Fort Wayne radio with a successful morning show on WMEE-FM and, most recently, as host of "Fort Wayne's Morning News" on WOWO radio. Butcher was 61. Butcher was part of WMEE's popular "Those Two Guys In The Morning" show with Tony Richards in the 1980s. He joined WOWO in the mid-2000s as host of "Fort Wayne's Morning News With Charly Butcher."