• (photo courtesy of JD Norman Industries)

    Manufacturer to Close in Muncie

    Illinois-based JD Norman Industries is planning to close its facility in Muncie. In a notice to the state, the company says the decision will result in the layoffs of 130 employees. JD Norman did not provide a reason for the closure.

  • (Image courtesy of Harris Corp.)

    Planned Defense Mega-Merger Involves Fort Wayne Operation

    A defense industry contractor with a presence in Fort Wayne has announced a merger agreement. Florida-based Harris Corp. (NYSE: HRS) and L3 Technologies Inc. (NYSE: LLL) in New York say the combination will create the sixth-largest defense company in the country. In early-2015, Harris completed the $4.75 billion acquisition of Exelis, a long-time manufacturer of military radio technology in Fort Wayne. Shortly after the acquisition, Harris consolidated...

  • (photo courtesy of Wells County Economic Development)

    Manufacturer Expanding Again in Bluffton

    Ohio-based 20/20 Custom Molded Plastics LLC has announced plans to further expand its operation in Wells County. The company, which manufactures structural foam products, initially bought and expanded its Bluffton facility in 2017 and will now invest $26 million to double its footprint.

  • (Image courtesy of NTN Driveshaft.)

    NTN Driveshaft Proposing $90M Expansion

    NTN Driveshaft Inc. in Columbus is planning a $90 million expansion. In a tax abatement request with the Bartholomew County city, the automotive component supplier said the investment will lead to 74 new jobs and help retain a current full-time workforce of nearly 1,600. NTN Driveshaft is one of the largest employers in Columbus and last year, it opened a more than $140 million facility in Anderson. It launched operations in Bartholomew County in 1989 and says...

  • Andrew Greenwood is senior vice president of development at Ambrose Property Group.

    Ambrose Amps up Ambition For Old GM Stamping Site

    An Indianapolis-based developer has greatly expanded its original investment plans for the city's former GM Stamping Plant site. Ambrose Property Group's vision now includes projects totaling nearly $1.4 billion, more than doubling the $550 million scope detailed last year. During a community event Friday, the company and Mayor Joe Hogsett announced the name of the more than 100-acre, downtown district: Waterside. Plans now call for...

  • (image courtesy of Progressive Materials)

    Manufacturer Plans New HQ in New Albany

    New Albany-based Progressive Materials is looking to expand its southern Indiana operation. The Indiana Economic Development Corp. says the silicone roofing systems manufacturer plans to invest $13.4 million to build a new headquarters in the city, creating up to 25 jobs by 2023. The company says it has outgrown its current headquarters and the new, 100,000-square-foot corporate campus at the New Albany North Industrial Park is expected to be operational by...

  • URS Federal Services Inc. is an AECOM company.

    Military Contract Work to be Carried Out in Odon

    The work created by a $25 million contract for Maryland-based URS Federal Services Inc. will be performed in Indiana. It involves repairs and installation of electronic equipment and will be carried out by employees in Odon. The work is slated to be complete in 10 years. Tasks involved include installing repaired Naval Tactical Computer Resource equipment, cable assemblies and obsolescence management, as well as...

  • (Rendering courtesy of Ambrose Property Group.)

    More Details on Deck For Former GM Stamping Site

    Indianapolis-based Ambrose Property Group, the developer leading $550 million plans for the city's former GM Stamping Plant site, will provide additional details Friday evening on the project. Company officials and Mayor Joe Hogsett will host a community gathering at the property and unveil what they say will be a major infrastructure initiative and a name for the downtown district. Plans unveiled last May call for...

  • Mary Snapp with Microsoft Philanthropies was among those at Thursday's announcement.

    'Game-Changer' Skillful Program Coming to Indiana

    A national nonprofit has chosen Indiana as the next state for its Skillful initiative, designed to help workers, especially those without four-year college degrees, find good jobs in a changing economy. The New York-based Markle Foundation is working with partners including Microsoft Philanthropies, Walmart and Purdue University on the workforce development effort. Skillful, which began in Colorado, helps workers partner with companies to identify skills they already have and find...

  • (Image courtesy of Wabash National)

    Wabash National Mourning Loss of Innovative Co-Founder

    A co-founder of Lafayette-based Wabash National Corp. (NYSE: WNC) has died. Rod Ehrlich, who served as chief technology officer, helped launch the manufacturer with his brother, Jerry, in 1985. Ehrlich was 72. Wabash National says he helped author over 60 patents, including...

  • (Image courtesy of the Indiana Economic Development Corp.) Pictured left-to-right: Honda Manufacturing of Indiana LLC President Isao Matsuzaki, Indiana Secretary of Commerce Jim Schellinger

    Honda Exec: At 10, Greensburg Plant Outpacing Expectations

    State, city and company officials have marked the 10th anniversary of the opening of Greensburg-based Honda Manufacturing of Indiana Inc. and the plant manager says activity continues to boom at the 1,600-acre operation. "The business, I think, has grown beyond our original expectations from 10 years ago," Tim Reisinger told Inside INdiana Business. Initial plans called for 1,000 jobs and today, it employs more than 2,500. Production has also multiplied...

  • (Rendering courtesy of the Digital Crossroads development team.)

    Inventory Taking Stock of Data Assets in The Region

    An inventory of public wireless and optical communications assets in northwest Indiana is underway. The developers behind the $40 million Digital Crossroads of America Data Center in Hammond have hired an engineering firm in Germany that deals with network deployment and planning throughout the world. Digital Crossroads Chief Executive Officer Peter Feldman says coverage is inconsistent in the region and throughout most of the country.

  • (file photo courtesy Indianapolis International Airport)

    Indy Airport Scores Top Honor Again

    Indianapolis International Airport has again been named Best Airport in the United States by a global leisure publication. The Condé Nast Traveler recognition is the fifth straight for IND. The Best Airport designation is part of Traveler's annual Readers Choice Awards, which is built on feedback from more than 100,000 comments and millions of ratings. In addition to airports, favorites were tallied for hotels, resorts and destinations.

  • (Rendering provided by the National Airmail Museum organization.)

    Fort Wayne Airmail Museum Effort Receives Boost

    A congressional action is the latest step in the progress of the proposed National Airmail Museum in Fort Wayne. A legislative designation for the museum is part of the Senate-approved Federal Aviation Administration Reauthorization Act of 2018. The National Airmail Museum Act was introduced in August by Senator Todd Young (R-IN) and Senator Joe Donnelly (D-IN) and it involves Hangar 2 at Smith Field as the National Airmail Museum.

  • Fort Wayne Momentum Helped Seal Sweetwater Deal

    Sweetwater founder Chuck Surack says Indiana had some competition when it came to landing the company's $76.4 million expansion and more than 1,000 jobs. "Economically, the states of Nevada and California were pulling really hard and offered us quite a bit of incentives," said Surack, who adds Fort Wayne's downtown revitalization helped keep the expansion at home. Sweetwater, which currently employs 1,300 in northeast Indiana, recruits from around the globe.

  • Federal Contracts Detail $95M of Work at Crane

    The U.S. Department of Defense has announced six contracts totaling $95 million for projects at Naval Support Activity Crane. It involves new construction, demolition and renovation of facilities as well as infrastructure work. Contractors include Building Associates Inc. in Bloomington, Jasper-based Krempp Construction Inc. and Midnight Sun Global Services LLC of South Bend. Companies from Michigan, California and Alabama are also involved.

  • (image of the OP Nutrition Mill Peru courtesy of Indiana Packers Corp.)

    Miami County Celebrates $24M Swine Feed Mill

    Delphi-based Indiana Packers Corp. has cut the ribbon on a $24 million swine feed operation in Miami County. IPC subsidiary OP Nutrition will run the Peru mill, which is expected to produce some 4,800 tons of feed per week. The double-shift facility will employ 12. OP Nutrition President Dave Murray calls the mill "a key piece in IPC's growth strategy," adding "it's an exciting chapter for us and we're thrilled to continue to expand and grow our business within...

  • (Image courtesy of SugarCreek.)

    1000+ New Jobs Highlight Manufacturing Day

    The state has announced a portfolio of nearly two dozen employer commitments that involves close to 1,100 potential jobs. The Indiana Economic Development Corp. says the plans include about $154 million in investment and coincide with National Manufacturing Day. The slate includes a jewelry manufacturer's Hamilton County expansion, a more than $27 million investment from a Japanese company in Perry County and a Wayne County bacon maker looking to add almost 150 jobs.

  • (photo courtesy Cummins)

    Cummins, Isuzu to Explore Partnership

    Columbus-based Cummins Inc. (NYSE: CMI) has signed a Letter of Intent with Isuzu Motors Ltd. In an effort to evaluate potential collaborative efforts. Each company will establish a team to explore possible opportunities in product technology development, service and other areas of collaboration.

  • (Image of Jim McEwan courtesy of Furrion.)

    Furrion Sets Up Shop in Europe

    An Elkhart manufacturer has opened an office in the United Kingdom, marking its entry into the European market. Furrion, which supplies electronics, appliances and robotics to the recreational and marine vehicle industries, has subsequently named Jim McEwan vice president and country manager for the U.K. The company says McEwan, who previously served as a sales director with Whirlpool Corp.'s (NYSE: WHR) Europe, Middle East and Africa unit, will be charged with...

  • Manufacturing Day Provides 'Awesome Platform'

    On the eve of Manufacturing Day, the head of Indiana's advanced manufacturing and logistics initiative says few, if any, promotional events hold the same significance for the industry. Conexus Indiana Chief Executive Officer Mark Howell says Manufacturing Day offers the opportunity to showcase the impact and opportunities -- particularly for young people -- surrounding the industry in the state. Organizers the National Association of Manufacturers and the Manufacturing Institute list...

  • Toyota Tsusho Building New Lafayette Facility

    A warehouse and manufacturing facility is under construction in Lafayette by T.M. Crowley & Associates for Toyota Tsusho. The 350,000 square foot facility will double the current workforce of 60 by 2028. The facility will be used to supply part and materials to the automotive brand that produces one million vehicles per year. “This project represents the latest addition to the impressive and diverse portfolio our firm has been building for years,” said Tom Crowle...

  • The transmissions will be used in the Abrams Tank program.

    Allison Nabs $30M DOD Contract

    The U.S. Department of Defense has awarded a more than $30 million contract to Indianapolis-based Allison Transmission Inc. (NYSE: ALSN). The contract calls for transmissions and additional services for the U.S. Army. 

  • (Image of campus in 2016 provided by Sweetwater.)

    Sweetwater Plans 'Massive' Regional Impact

    With Fort Wayne-based Sweetwater detailing its plans to create 1,000 jobs in the next three years, officials in the region are hailing the $76 million project as a win for northeast Indiana. "Our heart's desire would be to stay in Fort Wayne," said Chief Operating Officer John Hopkins, adding Sweetwater investigated the pluses and minuses of locations closer to a large segment of its customer base. Ultimately, Hopkins says Fort Wayne became the clear location to...

  • (photo courtesy of Cardinal Metal Finishing)

    Kokomo Supplier Announces Layoffs

    Kokomo-based Cardinal Metal Finishing LLC has announced the layoffs of nearly 80 employees in Howard County. In a notice to the state, the company says the move is due to a "key customer." CMF says the customer's decision has led to the loss of "a significant amount of business." The layoffs went into effect September 26. The company says the affected employees are not represented by a union and do not have any bumping rights.

  • Innovation Organization Strengthening Influence

    An Indianapolis-based organization focused on driving innovation among government, defense, research and industrial stakeholders is expanding its reach with a new consortium and collaboration space. The Indiana Innovation Institute has launched the Indiana Consortium for Advanced Technology Transition, as well as office, conference and warehousing space in the WestGate@Crane Technology Park in Odon that could become a makerspace. IN3 Chief Executive Officer General Gene Renuart said...

  • (Image courtesy of AM General)

    REPORT: AM General Hits The Selling Block

    A global news publication is reporting South Bend-based AM General LLC is up for sale. Sources tell Reuters the Humvee maker has hired investment bank Macquarie Group Ltd. to find potential bidders. The deal, Reuters' sources suggest, could exceed $2 billion.

  • Raytheon Awarded Military Contracts

    The U.S. Department of Defense has awarded a pair of foreign military sales contracts to Raytheon Co. in Fort Wayne and Indianapolis. The contracts, totaling more than $22 million, call for work that will be performed for the military services of several countries.

  • Kimball Electronics Completes Acquisition

    Jasper-based Kimball Electronics Inc. (Nasdaq: KE) has completed its acquisition of a California-based company. The $50 million deal includes substantially all of the assets and liabilities of GES Holdings Inc., Global Equipment Services and Manufacturing and its subsidiaries. The acquisition was first announced in May.

  • Conexus Appoints Executives to Leadership Team

    Conexus Indiana has appointed two senior executives to join its leadership team. Elizabeth Hagerman and Bradley Rhorer join the state's advanced manufacturing and logistics initiative to help target the impact of technology on the industries. Elizabeth Hagerman is the new chief innovation and strategy officer after formerly serving as vice president for Rose-Hulman Ventures at Rose-Hulman Institute of Technology. Hagerman will lead their work to integrate...

  • (photo courtesy of Patrick Industries)

    Patrick Continues Acquisition Momentum

    Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has completed its acquisition of a South Carolina-based manufacturer. Financial terms of the deal for Engineered Metals and Composites Inc. are not being disclosed.

  • Leaders Discuss Technical Roles For Women at Crane

    Two women in leadership roles at Naval Support Activity Crane say the massive southwest central Indiana employer has a long history of employing women in traditionally male-dominated roles. In part three of a special feature that goes behind the scenes at Crane, Inside INdiana Business talked about women in business and technical positions with Crane Army Ammunition Activity Pyrotechnics Commodity Manager Lara Zilafro and Naval Surface Warfare Center Crane Deputy Technical Director...

  • (photo courtesy of AM General)

    AM General Awarded $51M Contract

    The U.S. Department of Defense has awarded a $51.3 million contract to South Bend-based AM General LLC. The contract calls for the recapitalization of Humvees for the U.S. Army through a public-private partnership with the Red River Army Depot in Texas.

  • The company will set up shop in a shell building still under construction. (photo courtesy of the Daily Journal)

    Coffee Startup Coming to Franklin

    A Florida-based company that focuses on coffee products is planning to expand operations to Johnson County. AMayZing Food & Beverage LLC is looking to invest more than $30 million to acquire and equip a shell building in Franklin and add up to 150 jobs over the next four years. Owner Timothy May spoke with our partners at the Daily Journal and said new location will serve as a production facility to make coffee under specific brands for new customers.

  • (photo courtesy of Shindigz)

    Shindigz Signage Marks Milestone For New HQ

    A party supply company in northeast Indiana is marking progress on its new headquarters in downtown Fort Wayne. Shindigz, which is currently based in South Whitley, has unveiled the exterior signage on the historic building, now known as Shindigz Place, that will house the company's corporate office.

  • New KAR HQ Progressing, Representing Tech 'Transformation'

    Carmel-based KAR Auction Services Inc. (NYSE: KAR) says its planned $80 million headquarters in the Hamilton County city remains on-pace to open next summer. The wholesale used vehicle industry company, which announced the major investment a year ago, says it currently has 1,200 job openings throughout North America. Its expansion plans include 400 additional jobs by 2020. In an interview during a hard hat tour of the construction, Chief Executive Officer Jim Hallett said...

  • Fort Wayne Startup to Break Ground on HQ

    Officials in Fort Wayne will Thursday break ground on the headquarters for an aluminum anodizing startup. Northern Indiana Anodize is investing $8 million in the facility and plans to add nearly 50 jobs by the end of 2021.

  • (Image courtesy of the Chesapeake and Indiana Railroad.)

    Rail Work to Help Commodities Reach New Markets

    The president of Connersville-based Indiana Boxcar Corp., which owns the LaCrosse-based Chesapeake and Indiana Railroad, says an ongoing rail project will improve a vital economic gateway in the northwest part of the state. Powell Felix says activity along the rail lines used by his company through LaPorte, Porter and Starke counties continues to rise and some $600,000 in repairs and upgrades will "return value" to regional stakeholders.

  • (Image courtesy of Junior Achievement of Central Indiana.)

    Job Event For Students Aims to 'Spark' Enthusiasm

    An event this week in Indianapolis is providing over 9,000 central Indiana 8th graders with what organizers say is a first-hand look at potential future careers. JA JobSpark, an annual Junior Achievement of Central Indiana program, brings together students from 62 schools and representatives from 120 employers to take part in career exploration activities. JA of Central Indiana Chief Executive Officer Jennifer Burk says it's never too early to engage students in...

  • (photo courtesy of Poly Electronics)

    Elkhart Company on 'Manufacturing Marvels'

    Elkhart-based Poly Electronics LLC will be featured on national television Wednesday evening. The company, which designs, develops and manufactures custom electronics, will appear on "Manufacturing Marvels" on the FOX Business Network.

  • (image courtesy of the RVIA)

    Thousands in Elkhart For Major Industry Showcase

    An annual event that attracts some 4,000 professionals in the recreational vehicle dealer industry is underway in Elkhart. The Elkhart RV Dealer Open House, which bills itself as the largest show of its kind in the world, runs through Thursday. Some 30 manufacturers will be showcasing their products at events in their own facilities or elsewhere throughout the area. During an interview last month on a special Elkhart-focused edition of Inside INdiana Business with Gerry Dick...

  • (photo courtesy Westgate@Crane Technology Park)

    Researchers Set For Inaugural Technology Showcase

    The Indiana Technology Showcase at the WestGate Academy will debut Tuesday in Odon. It will feature 30 researchers from the University of Notre Dame, Purdue University, Indiana University, University of Southern Indiana, Ivy Tech Community College and the Crane Naval Surface Warfare Center. Each will have three minutes to present their technologies, followed by time to discuss the innovations and potential licensing opportunities. The technology fields expected to be covered include...

  • (Rendering of Broad Ripple Red Line Station provided by IndyGo.)

    Red Line Rapid Transit Project Progressing

    As construction continues on the high-profile, $96 million Red Line Rapid Transit Project in central Indiana, the director of public relations at IndyGo says ongoing, system-wide investments are already bearing fruit. The first phase of the Red Line will run between Broad Ripple and the University of Indianapolis and the public transportation organization says it will "serve as the frequent spine of the improved and reliable grid network." Lauren Day says ridership...

  • Big Defense Contracts Awarded to Indiana Manufacturers

    Two defense industry manufacturers in the state have received contracts from the U.S. Department of Defense. Rolls-Royce Corp. in Indianapolis has secured a nearly $17.6 million modification to a contract involving engines and components and Raytheon Co. in Fort Wayne will provide work including sensor electronics and antenna technology as part of a more than $14 million contract The Rolls-Royce contract calls for procurement of...

  • The trip marked Holcomb's seventh economic development trip as governor.

    Indiana Opens Italian Office

    As part of an economic development mission to Italy, Indiana has opened a business development office in Milan. During the three-day trip, members of the delegation also met with businesses in Italy's "Motor Valley" to promote collaboration with the state's automotive manufacturing and motorsports industries. During the trip, delegation members joined Italy-based filter manufacturer Filtrec S.p.A. for its announcement that it will invest $1.3 million into a Daleville...

  • (Image of Joel Neidig courtesy of SIMBA Chain.)

    Northern Indiana Startup Working With Navy on Blockchain

    A young northern Indiana company has built a partnership with the U.S. Navy on an emerging digital technology. SIMBA Chain Inc., born out of a Defense Advanced Research Projects Agency-funded collaboration between Plymouth-based Indiana Technology and Manufacturing Co. and the University of Notre Dame Center for Research Computing, will work with the Naval Air Systems Command on blockchain-centered systems for tracking aviation parts. Currently...

  • (Image of sonobuoys courtesy of Ultra Electronics Group)

    Sonobuoy Manufacturer to Celebrate Milestone

    Columbia City-based Ultra Electronics Undersea Sensor Systems Inc. is marking what it calls a significant milestone in its 60-year history. The company will next week celebrate the production of its 7 millionth sonobuoy since the 1950s.

  • (Image of Nelson courtesy of Ball State University.)

    Event to Recognize Former UPS Leader at Ball State

    A dedication ceremony Friday afternoon in Muncie will honor a Ball State University graduate who led one of the biggest logistics companies in the country. The Kent C. "Oz" Nelson Logistics and Supply Chain Management Center for Excellence, named for the former chairman and chief executive officer of UPS, includes workstations with specialized industry software, offices and support staff for students in the program.

  • (Image courtesy of Cummins Inc.)

    Cummins Charging Ahead on Electric Tech

    Columbus-based Cummins Inc. (NYSE: CMI) is continuing a push toward more electric and hybrid-powered technology. The manufacturer has announced an agreement with KAMAZ PTC, a Russian industrial and commercial vehicle company, on bus and truck production. Thursday's announcement comes on the heels of Cummins showcasing an array of its electric and hybrid vehicle tech at high profile industry events in Germany. Cummins and KAMAZ have partnered on engine technology through...

  • Indiana RV Maker to Produce Travel Trailers in Idaho

    Highland Ridge RV of Shipshewana plans to start making their new travel trailers in Twin Falls, Idaho beginning next year. The company will outline their plans to current and prospective dealers before the Elkhart Open House. Plans call for production to start in the company's Idaho facility by early 2019. “We’ve had phenomenal success and feedback since the launch of our conventional travel trailer lineup.  Our western region dealers have been ve...

  • 'Team Crane' Filling 'Next-Generation' Pipeline

    Naval Support Activity Crane is large in size and boasts a hefty economic impact. In our continuing series on the nearly 100-square-mile southwest central Indiana institution, Crane Naval Surface Warfare Center Director of Engagement Kyle Werner said "Team Crane" contributes some $2 billion annually to the state. Nearly 430 new NSWC Crane employees have been added over the last five years. Crane Army Ammunition Activity Engineer Lauren Shipman joined Warner on an interview ...

  • (Image courtesy of the Indiana Economic Development Corp.)

    Italian Company Picks Daleville For Continental HQ

    An Italian filter manufacturer is detailing plans to locate its North American headquarters in Delaware County. Filtrec S.p.A. says it will invest $1.3 million into a Daleville operation that could create 25 jobs by 2022. Governor Eric Holcomb announced the plans along with Delaware County and company officials during an economic development mission to Italy. Initially, Filtrec says it will occupy 5,800 square-feet in Daleville and it intends to double or triple that presence...

  • Boone County EDC Set For Job Fair

    The Boone County Economic Development Corp. will Thursday host a job fair in Lebanon. More than 30 employers from throughout the county will be looking to fill thousands of jobs in a variety of industries such as manufacturing, business services, and healthcare.

  • Former Governor Mike Pence and Governor Matt Bevin (pictured left-to-right in foreground) signed a memorandum of understanding on behalf of their respective states along with state and local leaders in July of 2016.

    Preferred I-69 Ohio River Crossing Route Could Come Soon

    Indiana and Kentucky officials working on a planned extension of I-69 over the Ohio River in southwest Indiana say the process continues to move toward key early milestones. The I-69 Ohio River Crossing Project Team still expects a preferred alternative route to be identified in the fall. The Indiana Department of Transportation and the Kentucky Transportation Cabinet add a Draft Environmental Impact Statement will also be published in the coming weeks.

  • (Image courtesy of WTC Indianapolis) Fahad Al Gergawi, pictured right next to Indiana Secretary of Commerce Jim Schellinger and Governor Eric Holcomb, met with business and economic leaders in Indianapolis.

    Dubai Trade Official Talks Indiana Opportunities

    An economic development official from the United Arab Emirates is using a trade mission in Indianapolis to showcase economic opportunities in Dubai. Dubai FDI Chief Executive Officer Fahad Al Gergawi said Indianapolis is one of more than a dozen U.S. cities he and his colleagues have toured in the last four years that possess "significant strength in terms of international trade." Al Gergawi estimates some $240 million in exports from Indiana maker their way to the UAE...

  • (Image courtesy of Erwin Hymer Group.)

    Thor's $2.4B Global Play

    Elkhart-based Thor Industries Inc. (NYSE: THO) Chief Executive Officer Bob Martin characterizes his company's plan to acquire German recreational vehicle manufacturer Erwin Hymer Group SE as "one of those opportunities that come maybe once in your lifetime." The companies say the combination -- valued at approximately $2.4 billion -- will make Thor the largest RV company in the world. Martin says key components of the deal include...

  • Wynright says increased demand led to the expansion.

    Manufacturer Bringing 500+ Jobs to Hobart

    An Illinois-based manufacturer is moving two manufacturing operations from Illinois to Indiana, with plans to create up to 582 jobs in Hobart by the end of 2021. Wynright Corp., which makes intelligent material handling systems, says it will invest $26 million to build and equip a facility at the NorthWind Crossings business park. Parent company Daifuku North America says the move puts the operations under one roof in a location that's able to handle future growth.

  • (photo courtesy of the Flagship Enterprise Center)

    Federal Grant to Expand Flagship Center

    The Economic Development Administration in the U.S. Department of Commerce is awarding a more than $738,000 grant to the Flagship Enterprise Center in Anderson. The funding will help expand the Flagship Manufacturing Center and the public-private partnership says the project will create or retain more than 125 jobs.

  • Steel Dynamics Completes Acquisition

    Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) has completed its $5 million acquisition of Kentucky Electric Steel. The company says as part of the deal, it plans to reopen the KES rolling mill in Ashland, Kentucky in November. 

  • (Image courtesy of Erwin Hymer Group.)

    Thor Set to Become Largest RV Maker in The World

    Elkhart-based Thor Industries Inc. (NYSE: THO) has announced an agreement to acquire a German recreational vehicle manufacturer for approximately $2.4 billion. Once complete, Thor says the deal for Erwin Hymer Group SE will create the world's largest RV maker. EHG currently employs more than 7,300 globally and its RVs are sold through a network of over 1,200 retailers. The companies say they expect no change in employee headcount or number of facilities as a result of...

  • (Image courtesy of AM General)

    AM General Wins $560M Humvee Contract

    A major contract has been awarded to South Bend-based AM General LLC. The more than $560 million deal involves production of 2,800 Humvee ambulances. The first vehicles, AM General says, are expected to be delivered in the second quarter of next year. U.S. Army Contracting Command in Warren, Michigan is the contracting activity. AM General is partnering with Rock Island Arsenal Executive Vice President of U.S. Defense Chris Vanslager says...

  • (Image courtesy of the office of Joe Hogsett.)

    City Partnering on Produce Stand in Bus Station

    A pilot program designed to bring more fresh and affordable produce to downtown Indianapolis has launched. Food in Transit involves selling fruits and vegetables at the city's primary public transit station, the Julia M. Carson Transit Center, during heavy travel hours. Mayor Joe Hogsett calls the effort "a significant step forward" in addressing food access issues in the city. He added "this work does not stop here. We will continue to..."

  • Integrity Defense Services is based in Springville.

    Defense Contractor Growing in Greene County

    Springville-based Integrity Defense Services Inc. has announced plans to grow its presence in Greene County. The defense contractor says it will invest more than $1 million and add 160 jobs over the next four years. The Indiana Economic Development Corp. says the growth is part of an effort to meet demand for the company's military support services, which includes a five-year contract to fabricate fuel-stand equipment for the U.S. Marine Corps. The company is...

  • Crane Leaders Talk Talent Attraction

    The technical director at Naval Support Activity Crane says shifting areas of focus in the middle of the last decade to boost value, technical expertise and national status have paid off. Brett Seidle says the labor force at the world's third-largest naval installation and second-largest army ammunition depot is comprised of about two-thirds scientists, engineers and technicians on the naval side.  The number of PhDs in its ranks has jumped five-fold since 2005.

  • Integrity Defense Services is based in Springville.

    Holcomb To Make Greene County Jobs Announcement

    Governor Eric Holcomb will Friday take part in a jobs announcement in Greene County. Few details are available, however the Indiana Economic Development Corp. says the announcement will also include executives from Integrity Defense Services Inc., based in Springville. 

  • The Mount Vernon operation sits on 100 acres next to the Ohio River. (photo courtesy BWX Technologies)

    Manufacturer Looking to Grow in Posey County

    Virginia-based BWX Technologies Inc. (NYSE: BWXT) is looking to expand its Mount Vernon operations. A spokesperson for the nuclear power component manufacturer tells Inside INdiana Business plans call for a more than $80 million investment in building upgrades and new equipment over the next four years. The expansion could also create up to 67 jobs. BWXT says it is preparing for anticipated increased production work over the next several years and the expansion would help...

  • Leaders: Monosol, Community Connect in Lebanon

    The groundbreaking ceremony for a new manufacturing facility in Lebanon signifies Boone County will be home to six businesses owned by Japanese companies. MonoSol, a Merrillville-based subsidiary of Kuraray in Japan, makes water-soluble films used for products like detergent pods. The $72 million facility is expected to employ 89 by 2020. Boone County Economic Development Corp. Executive Director Molly Whitehead says continued Japanese investment is the result o...

  • Trade Officials From Dubai Heading to Indy

    A delegation of business, economic development and governmental officials from the United Arab Emirates will be in Indianapolis beginning Sunday. The visit, hosted by World Trade Center Indianapolis, will focus on boosting economic ties between the state and the Middle Eastern nation. WTC Indianapolis President Doris Anne Sadler told Inside INdiana Business international visits like this will attract additional visits. Interest in this event, she added, has already sparked...

  • (rendering courtesy of MonoSol)

    MonoSol to Break Ground on Lebanon Plant

    Merrillville-based MonoSol LLC will Wednesday break ground on its $72 million manufacturing facility in Lebanon. The 150,000-square-foot building will bring 89 jobs to the Boone County city when it opens in 2020. 

  • The Rolls-Royce campus in Indianapolis is located on the south side of the city's downtown.

    Rolls-Royce Engines Part of New Navy Aircraft Line

    A new U.S. Navy unmanned aircraft will be powered by an Indiana-built engine. Rolls-Royce in Indianapolis will provide its AE 3007N engine for The Boeing Co., which will build the MQ-25 Stingray. The planes are designed for air-to-air refueling from carriers. To date, Rolls-Royce has delivered nearly 7,000 engines in the AE series that were built in the Indianapolis advanced manufacturing facility. Rolls-Royce Executive Vice President Jarrett Jones says...

  • Ag Director: Trade Dialogue Key During 'Rough Patches'

    As state leaders prepare for two separate international trade missions next week, Indiana State Department of Agriculture Director Bruce Kettler says his trip -- a visit to the agriculturally-rich Canadian province of Manitoba with Lieutenant Governor Suzanne Crouch -- will help the state "stretch its wings" in a location people don't always think about. Governor Eric Holcomb will be leading a delegation focusing on the automotive sector in Italy.

  • (Image courtesy of the Indiana Economic Development Corp.)

    U.S. Steel 'Renaissance' Spurs $750M Gary Works Investment

    Pittsburgh-based U.S. Steel Corp. (NYSE: X) has announced a $750 million investment in its Gary Works operations. The company says the funds are part of a $2 billion asset revitalization effort that will take place over the next five years. Last year, U.S. Steel detailed plans that involved pumping $35 million into Gary Works, which followed the $23 million first phase of its Hot Strip Mill Restoration Plan. The latest investment, the Indiana Economic Development Corp. says...

  • Holcomb believes the plan will help attract talent and improve quality of life statewide.

    Can Indiana Be Midwest Hub for International Flight?

    Indiana Governor Eric Holcomb, encouraged by the performance of the state’s first transatlantic flight, which he says is "exceeding expectations," thinks Indiana can become "the Midwest hub for international flight." His $1 billion Next Level Connections infrastructure plan, unveiled last week, includes $20 million to target more international nonstops in North America and Europe. In May, Delta Airlines launched an Indianapolis to Paris nonstop...

  • (photo courtesy Specialty Steel Works Inc.)

    Steel Company Invests in Hammond Facility

    Hammond-based Specialty Steel Works Inc. has announced plans for a multi-million-dollar investment in its LaSalle Corp. Cold Finish Steel Bar facility in the Lake County city. Terms of the investment were not immediately released, however the company says the new equipment it will bring will make the facility the most modern bar-to-bar operation in North America. The facility processes cold finished steel bars for various industries, including...

  • Small Breweries Carrying Big Share of Growth in The State

    The executive director of the Brewers of Indiana Guild says smaller-scale operations are leading the way for growth in the state. Rob Caputo, a co-founder and former head brewer at Flat 12 Bierwerks in Indianapolis, says a combination of demand from craft beer fans, an increasing consumer push for local food and drink and the "pro-brewery" policies has vaulted the Hoosier brewing industry to its current level over the last six or seven years. Indiana is now home to...

  • (Image courtesy of Hurco)

    Hurco Hits Record Quarterly Profit

    Indianapolis-based Hurco Companies Inc. (Nasdaq: HURC) is reporting record fiscal third quarter net income of $6.5 million, up from $3.9 million during the same period last year. Chief Executive Officer Michael Doar says the CNC manufacturer also hit record sales in all three of its geographic regions.

  • (Image courtesy of NICTD.)

    Visclosky, Donnelly, Young Push South Shore Projects

    U.S. Senators Joe Donnelly (D-IN) and Todd Young (R-IN) and Congressman Pete Visclosky (D-1) are urging the Federal Transit Administration to move quickly on its consideration and support of the proposed West Lake Expansion Project and double-tracking of the South Shore commuter rail line. The trio wrote a letter to Acting Administrator Jane Williams that was included in the Northern Indiana Commuter Transit District's request to enter a key phase of the federal funding process.

  • (Image of the Manufacturing Advisory Council courtesy of the Wabash Heartland Innovation Network.)

    Study: 'Wabash Heartland' Strapped For Broadband Access

    The Wabash Heartland Innovation Network, a 10-county, tech-focused initiative supporting the agriculture and manufacturing industries, has released a study illustrating lagging broadband access in the region. The findings suggest residents would have saved $27 million if all unserved homes had access to the high-speed digital technology. The WHIN was first announced in 2016 and it is backed by a nearly $40 million grant from Indianapolis-based Lilly Endowment Inc. Its goal is to...

  • (Rendering of improvements courtesy of Evansville Regional Airport.)

    Next Leader of Evansville Airport Bullish on Growth Potential

    The incoming executive director of the Evansville Regional Airport believes recent growth figures are sustainable. Nate Hahn, the current director of operations and maintenance,will take over for the retiring Doug Joest at the end of the year. Passenger traffic in July was the highest it's been in 13 years and the second highest in more than 20 years. In an interview with Inside INdiana Business, Hahn attributes the success to...

  • (Image of interviewers Shannon, Dengke and Jaedyn courtesy of "State of Change.")

    Documentary to Feature Hoosier Students' Future-Shaping Journey

    A new documentary that follows the journey of three Indiana students interviewing professionals in some of Indiana's signature industries debuts Thursday. "State of Change" was produced in partnership with Roadtrip Nation, a national organization focused on career exploration. Some of the companies featured in interviews by the students include Scott Farms in Carroll and Cass counties, GE Aviation in Lafayette and Salesforce.com Inc. in Indianapolis.

  • (Image courtesy of QPSI.)

    Contract Packaging Maker Closing in Mooresville

    New Jersey-based Quality Packaging Specialists International LLC has announced it is shutting down its Mooresville operation. In a notice to the state, QPSI says the decision will affect around 85 employees. The company is involved with contract packaging and supply chain management for customers in the consumer goods and pharmaceutical industries. The Morgan County operation opened in 2012. Last year, QPSI opened a packaging center of excellence in its home city.

  • Governor Holcomb announced the Next Level Connections plan Tuesday morning in Martinsville.

    Spotlight Shines on 'Next Level Connections' Bill

    Indiana Office of Management and Budget Director Micah Vincent says the toll increase supporting Governor Eric Holcomb's $1 billion "Next Level Connections" plan will end up benefiting all involved. He says the agreement for a toll increase on heavy vehicles will fund the statewide quality of life projects as well as $50 million in improvements to the Indiana Toll Road over the next three years. State Rep. Pat Bauer (D-6) calls the move...

  • (Image courtesy of Haynes International.)

    Shor Takes Helm of Haynes

    Michael Shor, who had been serving as interim president and chief executive officer of Kokomo-based Haynes International Inc. (Nasdaq: HAYN) since May, has been appointed to the positions on a full-time basis. He previously served as the alloy manufacturer's board chairman and was executive vice president of Philadelphia-based Carpenter Technology Corp. Robert Getz has been named Haynes' next board chair and Shor will continue to be a member of the company's board, where he has...

  • Holcomb announced the plans this morning in Martinsville.

    Holcomb Unveils $1B 'Next Level Connections' Program

    Governor Eric Holcomb has unveiled plans for the state to spend $1 billion in infrastructure projects that he says will improve quality of life throughout the state. Holcomb's "Next Level Connections" program focuses on speeding up major road projects, increasing broadband access, improving the state’s trail system, attracting more international flights, continuing work on a potential fourth port and pushing West Lake rail service and South Shore double-tracking...

  • Indiana Wireless Laws Guide FCC on 5G

    Federal Communications Commissioner Brendan Carr says "Indiana is our future" of the next generation of wireless telephone and date technology. At a presentation Tuesday morning at the Indiana Statehouse, the commissioner said the FCC will be unveiling "common sense" regulations to guide the roll-out of 5G throughout the country. Indiana's existing policies on small-cell wireless deployments, Carr added, will help shape the future of 5G.

  • (Image of Commissioner Brendan Carr courtesy of the FCC.)

    FCC Commissioner to Discuss 5G Future in Indiana

    Commissioner Brendan Carr will be in Indianapolis Tuesday to detail the Federal Communications Commission's next steps in its efforts to boost the nationwide rollout of 5G wireless technology. AT&T just announced Indianapolis would be the seventh city for its version of the higher-speed service, joining Verizon who detailed its 5G plans for the city earlier in August. Carr traveled to Indianapolis earlier this year to examine where the state stands on connectivity.

  • (Image of Scott Rudd [left] and Suzanne Crouch [right] courtesy of the Indiana State Department of Agriculture.)

    FCC Boosts Indiana Rural Broadband Providers

    The Federal Communications Commission has awarded Indiana more than $29 million to "close the digital divide" in rural areas. The office of Lieutenant Governor Suzanne Crouch says the funding, which will be distributed over 10 years, will boost broadband speeds in more than 24,500 locations. Crouch adds "unserved and underserved rural areas in our state need high-speed, reliable Internet in order to keep Indiana’s economy thriving."

  • Republic purchased 50 training aircraft for the academy.

    'First Class' - LIFT Academy Welcomes First Students

    An effort by Indianapolis-based Republic Airways Holdings Inc. to address what it calls a "huge shortage" of pilots officially lifts off Tuesday. The 13 students in the first class of the LIFT Academy were chosen from more than 600 applicants. Chief Executive Officer Bryan Bedford says the airline hopes to attract students who had previously thought pilot training was "unattainable, unaffordable or unfinanceable." Republic says it currently...

  • (Image courtesy of SF Motors.)

    SF Motors Requesting Tax Incentives

    A California electric vehicle manufacturer is seeking tax abatement on part of its major investment plans in Mishawaka. The South Bend Tribune reports SF Motors is requesting incentives from the St. Joseph County Council that could total close to $900,000. The seven-year abatement, which would apply to an initial $20 million equipment investment on the former AM General commercial assembly plant, would go into effect next year.

  • (rendering courtesy RTM Ventures)

    Agreement in Place For Electric Works

    Plans for the $440 million Electric Works project in Fort Wayne have taken a significant step forward. Mayor Tom Henry and RTM Ventures have announced the city and development team have agreed on an economic development agreement that includes $62 million in local public funding. The agreement calls on RTM Ventures to develop, finance, build and operate the project. The city had initially offered $50 million for the development at the former General Electric campus, but the developer...

  • (Image courtesy of NTN.)

    NTN Driveshaft, IU Health Partner on Anderson Clinic

    Indianapolis-based Indiana University Health is partnering with NTN Driveshaft on a new on-site clinic at the manufacturer's Anderson facility. Services available at the clinic include primary care, occupational medicine, health coaching and workplace ergonomics. NTN Driveshaft broke ground on its $130 million Anderson operation in late-2015, after company officials said increased demand and maxed-out space at its massive Columbus location led them to...

  • (Image courtesy of Schnabeltier.)

    Wine, Cheese, And Soon Beer at Schnabeltier

    A Fulton County wine and cheese maker has launched the early stages of a third craft: beer. Schnabeltier launched in 2014 as part of a diversification effort by Rochester-based RapidView LLC. Vice President of Sales and Marketing Matt Sutton says the foray into fermentation came by request from customers. "We thought it would be just a natural, nice progression of the products we already offer," he told Inside INdiana Business. Once beer sales begin, Sutton says...

  • (Image of Dr. Alison Smith courtesy of NSWC Crane Public Affairs.)

    Defense Innovation Group Creates New Indiana Chapter

    Defense Entrepreneurs Forum, a national defense innovation organization, is launching a chapter in Indiana. The first meeting will take place Thursday at Switchyard Brewery in Bloomington and feature a three-member panel of industry leaders, including Crane Naval Surface Warfare Center Chief Engineer Alison Smith, Odon-based Artisan Electronics Inc. Chief Operating Officer Gregory Sapp and Indianapolis-based LUCIDIA iT Chief Executive Officer Janet Stiller. Sapp calls DEF Bloomington...
  • (Image provided by the British Embassy in Washington D.C.)

    British Ambassador Meets With South Bend Mayor

    A visit this week to South Bend by British Ambassador to the United States was designed to help boost the relationship between the United Kingdom and the U.S. regarding clean growth and energy efficiency. Kim Darroch met with Mayor Pete Buttigieg to discuss development of electric vehicle and green energy technology. The discussions highlighted the city's "smart transportation" efforts, which include municipal charging stations at City Hall. The pair met at...

  • (Image of Indianapolis Fruit facility courtesy of IF&P Foods LLC.)

    Longtime Food Distributor Brings on 'Grab-And-Go'

    Indianapolis Fruit and Piazza Produce has acquired a young Noblesville-based company that makes "grab-and-go" foods. IF&P Foods LLC says all Cibus Fresh operations and its 15 employees will remain. The food distributor says the addition of Cibus Fresh, founded last year by Kurt Layer and Bill Pitrelli, will help meet "an unprecedented rise in demand" for offerings including packaged sandwiches, wraps, flat breads, salads, snack packs and...

  • (Image courtesy of Nanovis.)

    Medical Device Maker Secures $5.5M Funding Round

    A medical device manufacturer headquartered in Carmel has received a $5.5 million boost. The investment in Nanovis includes Indiana participants such as Indianapolis-based Elevate Ventures, 1st Source Capital Corp. in South Bend, the Purdue Research Foundation's Foundry Investment Fund -- launched as a partnership between PRF and Bloomington-based Cook Medical -- and Carmel-based Ellipsis Ventures. Commenda Capital LLC in Georgia also contributed. Nanovis says the funds will...

  • (Graphic of recent July permit figures courtesy of the Indiana Builders Association.)

    Monthly Statewide Home Building Permits Increase

    The Indiana Builders Association says single-family home building activity is on the rise. Permit totals increased 14 percent in July, compared to the same period a year earlier. The statewide trade organization says 1,497 permits were pulled last month. The total number of permits in July held steady, compared to June. Permit activity has increased year-over-year each July since 2015. Year-to-date, single-family building permits have increased seven percent, compared to...

  • (Image courtesy of the Indiana Walk & Bike Summit.)

    Summit Ties Together Quality of Life, Walking, Biking

    A statewide event focusing on the role biking and walking amenities can play in community development will kick off Wednesday in Indianapolis. Organizers of the 2018 Bike and Walk Summit say some 120 professionals in fields including planning, engineering and economic development are expected to attend. Indianapolis-based Health by Design advocates for policy, system and environmental changes that help integrate physical activity into Hoosiers' lives. The nonprofit is...

  • (Image of Renato Vidal courtesy of GE Aviation.)

    New Leader in Place at Lafayette's GE Aviation Plant

    GE Aviation has named Renato Vidal plant leader at its high-profile Lafayette Engine Facility. Vidal previously served as operations leader at a GE Aviation engine overhaul facility in Brazil. A 19-year veteran of GE, Vidal succeeds Eric Matteson, who will take on a role with GE Aviation's supply chain organization. The $110 million facility in Tippecanoe County produces CFM LEAP jet engines, which are used in commercial airplanes and, the company says, are...

  • (Image courtesy of Laddawn Inc.)

    Berry Buys Bag Maker

    Evansville-based Berry Global Group Inc. has completed the acquisition of a Massachusetts-based plastic bag and film manufacturer. The price of the deal is not being disclosed, but Berry Global says Laddawn Inc. possesses a "unique-to-industry" sales e-commerce platform through its website. Laddawn has manufacturing operations in Massachusetts, Georgia, Nevada, Iowa and Texas. It currently employs 380 and Berry Global says Laddawn's net sales over the last year totaled...

  • (Image courtesy of Indiana Packers Corp.)

    Indiana Packers Corp. Details 'On-Point' Acquisition Agreement

    Delphi-based Indiana Packers Corp. has agreed to acquire Specialty Foods Group LLC of Owensboro, Kentucky. The deal still requires regulatory approval and is expected to close in the coming weeks. SFG's parent, Toronto-based Specialty Foods Group Income Fund, says proceeds from the sale are expected to total up to $27 million. In addition to its Delphi headquarters, IPC has pork processing facilities in Frankfort and Michigan. President Russ Yearwood says...

  • (photo courtesy of our partners at WIBC-FM)

    Yet-to-be-Named Company Could Invest $80M in Greenwood

    A company that hasn't been named publicly is proposing an $80 million investment in Greenwood. "Project Brutus," as tax abatement request filings call the proposal, could involve up to 1,250 jobs by 2022. Indianapolis-based Scannell Properties LLC, which is working with the city on the potential development, has mapped out plans for a 615,000 square-foot distribution hub. In documents filed with Greenwood, Scannell says the building could be operational within...

  • (photo courtesy Eagle Railcar Services)

    Crouch to Cut Ribbon on Railcar Facility

    Lieutenant Governor Suzanne Crouch will Friday join officials in Daviess County to cut the ribbon on the new Eagle Railcar Services site in Washington. The Texas-based company provides railcar repair services and the Washington facility is its first in Indiana.

  • (Image courtesy of the Ports of Indiana.)

    Mount Vernon Port on Record-Shattering Pace

    The Port of Indiana-Mount Vernon is touting a record first half of 2018. Some 4.7 million tons of cargo passed through the Posey County hub, an all-time Indiana port record for the first six months of any year, and a 36 percent increase compared to the same period last year. Officials say the spike was fueled by demand for coal and agricultural products. The previous record in Mount Vernon was 4 million tons in the first six months of 2016.

  • (Rendering provided by the IEDC.)

    Team Quality Services Investing in Auburn

    Auburn-based Team Quality Services Inc. says it will invest $2.8 million to expand its headquarters. The industrial consulting company plans to double its DeKalb County workforce with up to 20 additional employees by 2021. The 14,000 square-foot expansion, TQS says, will more than triple its current footprint in Auburn and include space that will be available for lease.

  • (Image Courtesy of Visit Indy)

    Analysis: Indianapolis Top 10 Contender For Amazon 'HQ2'

    A new analysis is suggesting which of 20 finalists might make the best location for Amazon.com Inc.'s (NYSE: AMZN) second headquarters. Using data from its latest America's Top States for Business study or from comparable local sources, CNBC says Austin and Dallas are the top contenders. Overall, Indianapolis received a grade of "B," which puts it in top 10 standing, on par with cities like Columbus, Ohio, Los Angeles and Raleigh. Only six cities received rankings higher...

  • Jeremy Reymer is founder and CEO of DriverReach.

    Indy Tech Company Touts Growth

    Indianapolis-based DriverReach says it has seen "momentous growth" in the first half of the year and is on pace to double its revenue. The company, which has created a mobile-enabled recruiting management system for CDL drivers, says revenue has grown by more than 40 percent each month and plans to hire a small number of employees by the end of 2018.

  • (Image courtesy of Troyer Farms.)

    Seyfert's to be Shuttered

    A snack maker with a nearly 85-year legacy in Fort Wayne is closing. Our partners at WPTA-TV report Seyfert's has alerted employees it will cease operations. The chip, pretzel and cheese puff producer says it is no longer profitable, according to WPTA-TV. Seyfert's was founded in Fort Wayne in 1934, was acquired by Borden Inc. in 1982 and sold it to Heath Acquisition Corp. in 1994. Pennsylvania-based Troyer Farms bought Seyfert's in 2001. WPTA-TV reports...

  • Mike Dahl (center) is CEO of Mobile Initiative.

    Telecom Manufacturer to Open Clarksville Facility

    Louisville-based Mobile Initiative  has announced plans to move its overseas manufacturing facility to southern Indiana. The company, which specializes in the design, manufacturing and distribution of mobile devices, plans to add 45 jobs by the end of 2021. Financial terms of the expansion were not immediately disclosed.

  • (Image courtesy of Winona Building Products.)

    'Boring' Business Brings 'Exciting' Possibilities

    Though he describes it as "kind of boring on the outside," the president of a manufacturer launching in Marshall County says his industry provides exciting product development opportunities in the state. Brian Bailey adds he's confident Winona Building Products LLC will be able to drum up the workforce in Plymouth needed to fill the planned 150 new positions in the space formerly occupied by Del Monte Foods Inc. by 2022.

  • (Image courtesy of Winona Building Products LLC.)

    Manufacturer to Start up in Plymouth

    Winona Building Products LLC is planning to invest $9 million into a new facility in Plymouth. The startup manufacturer is locating to a former food processing plant in the Marshall County city and says it could create more than 150 jobs over the next four years. Winona, founded by the owners of Kosciusko County-based Winona Powder Coating Inc. and E&H Products Inc. of Florida, expects to open the facility in November. The company says it plans to...

  • NASCO Details Daviess County Expansion Plans

    A manufacturer of protective outerwear for electrical utilities and petrochemical companies, among others, has announced plans to expand its Daviess County operations. Washington-based NASCO says it is investing $1.75 million in the project, which could create up to 20 jobs. Construction has already begun on a new 24,000-square-foot warehouse facility. The project also includes remodeling existing facilities into new corporate offices. The Company says the expansion is due to..

  • (Image courtesy of the Economic Development Coalition of Southwest Indiana.)

    AstraZeneca Makes Global Connections From Posey County

    The executive director of a major pharmaceutical site in Posey County is discussing its global reach. In a video from the Economic Development Coalition of Southwest Indiana profiling the AstraZeneca PLC manufacturing and distribution operation in Mount Vernon, Tanya Harris says about half of the products from the facility are exported throughout the world. The operation was acquired by AstraZeneca in late 2015 in a more than $3 billion deal for the global diabetes business...

  • (photo courtesy City of Fort Wayne)

    Report: One Developer Meets 'North River' Deadline

    A deadline for development plans for a former OmniSource Corp. site has passed with only one group entering a submission. Our partners at WPTA 21 report Minnesota-based Continental Property Group and multiple other groups have shown interest for the now city-owned "North River" property during recent months, but only CPG met Tuesday's deadline. WPTA 21 reported earlier this year CPG and Fort Wayne-based Designed Collaborative had suggested a potential concept that included...

  • Elkhart Industries 'Beyond Just The RV Market'

    While Elkhart County is known as the Recreational Vehicle Capital of the World, companies in more diversified sectors are also enjoying significant growth. "I think (the economy) is a little stronger than people might realize and it's beyond just the RV market," Welch Packaging Chief Executive Officer Scott Welch said during an Elkhart Town Hall edition of Inside INdiana Business With Gerry Dick. His company manufactures custom corrugated boxes and he was joined by...

  • (photo courtesy Busche Performance Group)

    Busche Performance Group Names CEO

    Albion-based Busche Performance Group has announced Joseph Perkins as its new chief executive officer. Perkins most recently served as chief financial officer for Michigan-based Joyson Safety Systems. Perkins was selected unanimously by the board of directors of Busche parent Shipston Equity Holdings LLC. 

  • (Image courtesy of the ETHOS Innovation Center.)

    ETHOS Center Boosts STEM Learning For Students, Teachers

    Students and teachers returning to class in Elkhart County have a new destination for science, technology, engineering and math learning opportunities. The $8.2 million ETHOS Innovation Center, which opened in April, is a hands-on museum and learning space located at a former Bayer Corp. pharmaceutical facility in Elkhart. The center features science camps in the summer months, during spring and fall breaks, after school and for field trips, as well as...

  • Figuro3D is headquartered at Notre Dame's Innovation Park. (photo courtesy Figuro3D)

    South Bend Startup Partners With Elkhart Plastics

    A South Bend-based 3D digital imaging company founded by scientists from the University of Notre Dame has launched a partnership with Elkhart Plastics. Figuro3D, which makes 3D scanners used in manufacturing, says the collaboration will help the company focus its development efforts. 

  • (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...

  • (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.

  • 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. 

    More
  • Most Popular Stories

    • Indy Hotels Among Top in Midwest

      Three Indianapolis hotels are among Condé Nast Traveler's Top 25 Hotels in the Midwest. The rankings include two hotels that have made the list three years in a row and one making its debut. The JW Marriott Indianapolis ranks third on this year's list, followed by The Conrad, which is eighth and Ironworks Hotels appearing on the list for the first time at number 17. You can see the full rankings by...

    • Ambrose Amps up Ambition For Old GM Stamping Site

      An Indianapolis-based developer has greatly expanded its original investment plans for the city's former GM Stamping Plant site. Ambrose Property Group's vision now includes projects totaling nearly $1.4 billion, more than doubling the $550 million scope detailed last year. During a community event Friday, the company and Mayor Joe Hogsett announced the name of the more than 100-acre, downtown district: Waterside. Plans now call for...

    • Indy Airport Scores Top Honor Again

      Indianapolis International Airport has again been named Best Airport in the United States by a global leisure publication. The Condé Nast Traveler recognition is the fifth straight for IND. The Best Airport designation is part of Traveler's annual Readers Choice Awards, which is built on feedback from more than 100,000 comments and millions of ratings. In addition to airports, favorites were tallied for hotels, resorts and destinations.

    • Daniels Envisions Purdue, Region as 'Cooler Place'

      Purdue University President Mitch Daniels says a more than $1 billion live, work, play development on the West Lafayette campus will be a magnet for attracting and keeping top talent in the region. The Discovery Park District is part of a 30-year vision to transform the west side of the Purdue campus and create a "preeminent environment" for educational, economic, cultural and community activities in the region.

    • NTN Driveshaft Proposing $90M Expansion

      NTN Driveshaft Inc. in Columbus is planning a $90 million expansion. In a tax abatement request with the Bartholomew County city, the automotive component supplier said the investment will lead to 74 new jobs and help retain a current full-time workforce of nearly 1,600. NTN Driveshaft is one of the largest employers in Columbus and last year, it opened a more than $140 million facility in Anderson. It launched operations in Bartholomew County in 1989 and says...