• (photo courtesy of RS2 Technologies)

    Munster Tech Company Acquired

    Las Vegas-based security technology company ACRE has announced plans to acquire a Munster-based business. Financial terms of the deal for RS2 Technologies LLC have not been released. ACRE says the acquisition will enhance its strategic expansion plans for strengthening its access control business and product portfolio.

  • Berry Global is headquartered in Evansville. (photo courtesy of Berry Global)

    Berry Outlines Sustainability Strategy

    Evansville-based Berry Global Group Inc. (NYSE: BERY) has announced a new sustainability strategy. The company says the Impact 2025 initiative aims to support its broader sustainability efforts by minimizing product and operational impacts and maximizing positive impacts by engaging partners on key issues.

  • Bastian Solutions to Open Westfield Plant

    Officials in Westfield will Wednesday cut the ribbon on a more than $8 million advanced manufacturing facility. Indianapolis-based Bastian Solutions LLC, a subsidiary of Toyota Industries Corp. in Japan, announced plans in October 2017 for the plant, which is expected to create nearly 90 jobs this year.

  • (Image courtesy of Ivy Tech Community College)

    Ivy Tech Fort Wayne to Host Job Fair

    The Ivy Tech Community College campus in Fort Wayne will Wednesday host an Automotive/Diesel Job Fair. Recruiters from more than 20 automotive and diesel technology companies in the area will be on hand to meet with potential employees.

  • (photo courtesy Triton Metal Products)

    Triton Metal Products Expanding in Northeast Indiana

    Hamilton-based Triton Metal Products has announced plans to expand its operations and add 13 full-time jobs. The company received state and local incentives to add 20,000 square feet of space to optimize its manufacturing processes. Triton says the incentives allow it to add a $1.5 million building expansion to its facility in the northeast Indiana town and invest $8.1 million in equipment and machinery.

  • Schellinger talked about the flurry of jobs announcements on this weekend’s edition of Inside INdiana Business with Gerry Dick.

    Schellinger: Every Focal Point 'Robust'

    Last week was a big week for job commitments in Indiana, with state and local officials unveiling deals totaling more than 1,100 potential positions. And while Indiana Secretary of Commerce Jim Schellinger was elated about the announcements, he was equally enthused about the range of industries involved. "We've gotten jobs in agribusiness, the manufacturing services, the professional services area, information technology, which we are growing at more than two times the national...

  • Dog Treat Maker Planning Expansion

    A Logansport-based dog treat manufacturer is looking to expand in Cass County. Foppers Pet Treat Bakery plans to invest more than $1 million to grow its operations and add a small number of jobs. The company currently occupies a 45,000-square-foot facility on the west side of Logansport. The Cass-Logansport Economic Development Organization says the expansion project will include real estate, improvements, and new equipment. Foppers is currently seeking $125,000 in incentives from...

  • The company has operations in Indiana and Alabama.

    Manufacturer Doubling Jennings County Footprint

    North Vernon-based Decatur Plastics Products has announced plans to expand its Jennings County operations and create up to 70 jobs by 2021. The company says it will invest more than $11 million to expand its headquarters campus over the next five years. Decatur Plastics Products is renovating a recently-purchased shell building in the North Vernon Industrial Park for additional warehousing and light assembly. The company is also planning to build an additional...

  • (Image courtesy of AM General)

    U.S. Army Orders AM General Vehicles

    South Bend-based AM General has secured a $185 million contract to build ambulances for the U.S. Army. The company will begin providing chassis systems later in the spring, when the ambulances will be fully fabricated. 

  • Greenleaf President Dan Curtin (podium) spoke at Monday's news conference. (photo courtesy of the IEDC)

    Greenleaf: Shelbyville Plant Not a 'One and Done'

    The president of Greenleaf Foods SPC says the planned $310 million facility in Shelbyville fills a major need. Governor Eric Holcomb joined officials from the company Monday to break ground on the 230,000-square-foot plant-based protein manufacturing facility, which is expected to create up to 460 jobs. At a news conference, Dan Curtin said Greenleaf was formed about nine months ago as a subsidiary of Toronto-based based Maple Leaf Foods Inc. and was looking for a location to...

  • Mark Frohlich is the director of the Center for Excellence in Manufacturing.

    Kelley School to Host Manufacturing Case Competition

    The Indiana University Kelley School Center for Excellence in Manufacturing will Saturday host its inaugural Gregg M. Sherrill Case Competition. The university says the event will give students interested in manufacturing a "dose of reality" as they work to solve a critical issue facing manufacturing managers throughout the Midwest.

  • Multimatic has 500 Indiana employees.

    New Haven Manufacturer Adding Jobs

    Canada-based Multimatic is expanding its New Haven operations and adding up to 75 jobs by the end of 2021. The automotive engineering and manufacturing company says it will invest over $22 million to grow in Allen County. The company, headquartered near Toronto, makes complex mechanisms, hardware, suspension system components and more for auto manufacturers. Multimatic has more than 500 employees in Allen and DeKalb counties. It previously expanded in New Haven less than two years ag...
  • (photo courtesy of The Diamond Chain Co.)

    Diamond Chain Co. Acquired

    Indianapolis-based The Diamond Chain Co. is under new ownership. The Timken Co. (NYSE: TKR), headquartered in Ohio, has acquired the manufacturer, which produces high-performance roller chains for a variety of markets, including industrial distribution, material handling and agriculture. 

  • Loughmiler Machine Tool & Design in Loogootee is one of the contract recipients.

    Hoosier Companies Awarded Military Contracts

    The U.S. Department of Defense has awarded contracts worth up to $35 million to seven companies, more than half of which are located in Indiana. The contracts call for the production of machined parts or composite components related to a variety of military aircraft.

  • Viewrail Stairs (picture courtesy: Viewrail)

    Goshen Manufacturer Adding Hundreds of Jobs

    Goshen-based Viewrail has announced plans to expand in the Elkhart County city and add up to 200 jobs by 2023. The floating stairs and railing systems manufacturer says it will invest more than $12 million to double its Indiana footprint. The company has reported 60 percent revenue growth for six straight years and expects to hit $100 million in sales by 2021 with the increased production. Viewrail currently employs 135 associates in Goshen and is hiring for...

  • GTA Containers is headquartered in South Bend.

    South Bend Company Lands Military Contract

    South Bend-based GTA Containers Inc. is sharing in a $47 million contract from the U.S. Department of Defense. The deal calls for the production of tank fabrication berm liners for the U.S. Navy and U.S. Air Force.

  • Alabama Company Planning Jackson County Location

    Officials in Jackson County have given final approval to Alabama-based Sims Bark Co. to build a new facility in Crothersville. The Seymour Tribune reports the company plans to initially invest up to $8 million to build the bark mulch manufacturing facility near Interstate 65 and create 20 jobs.

  • Cardinal IG has had a presence in Fremont for 20 years.

    Companies Expanding in Fremont

    The Fremont Town Council has approved tax abatements for two expansion projects in Steuben County. Cardinal IG Co. and Miller Waste Mills plan to invest a total of $5.7 million to add new equipment to their respective facilities.

  • Zimmer Biomet is based in Warsaw.

    Zimmer Biomet System Lands FDA Clearance

    Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) has received clearance from the U.S. Food and Drug Administration for its ROSA ONE Spine System. The system is used for robotically-assisted, minimally-invasive and complex spine surgeries.

  • Great Lakes Lamination says it will invest $7 million to establish operations in Bristol.

    Manufacturer Launching Sister Company, Adding Jobs

    Elkhart-based Great Lakes Forest Products has announced plans to launch a new sister company in Bristol. The company says Great Lakes Lamination will result in up to 100 new jobs over the next few years. Great Lakes Lamination says it will invest $7 million to establish operations in Bristol, with plans to begin production this summer. The company will produce laminated wood panels for the RV industry. Great Lakes Forest Products Co-owner Mark Smith says he remains "optimistic...

  • Hanna says the extension will provide Hoosiers with greater access to higher-paying jobs in Chicago.

    Northwest RDA: 'Gateway to Chicago' Now in Sight

    It’s been more than 30 years in the making and now officials in northwest Indiana believe the start of construction on the $700 million South Shore line West Lake Corridor project is in sight. A recent positive rating from the Federal Transit Administration puts the eight-mile extension of the rail line from Dyer to Hammond a step closer to up to $440 million in federal funding. Northwest Indiana Regional Development Authority Chief Executive Officer Bill Hanna says...

  • (Image courtesy of AM General)

    AM General to Build National Guard Vehicles

    South Bend-based AM General has received an order to provide hundreds of new multipurpose vehicles for the U.S. Army National Guard. The order for 739 High Mobility Multipurpose Wheeled Vehicles is part of the National Guard's modernization valued at $89 million. The new order is in addition to a 2018 request to build 740 of the vehicles. 

  • (rendering courtesy of Distribution Realty Group)

    Spec Building Planned For Plainfield

    A joint venture between Distribution Realty Group in Chicago and a private real estate fund advised by Crow Holdings Capital in Texas has announced plans for a new spec building in Plainfield. The nearly 340,000-square-foot industrial building will be designed to appeal to high-end warehouse and logistics companies seeking space in Indianapolis.

  • Metal Powder Products has Indiana operations in Noblesville and Campbellsburg.

    Manufacturer Growing Noblesville Operations

    Noblesville-based Metal Powder Products has announced plans to move a manufacturing division from Ohio to Hamilton County and add up to 80 jobs by 2020. The powder metallurgy product manufacturer says it will invest $1.5 million to increase production capacity in Indiana. The company currently employs more than 350 associates in its Noblesville and Washington County operations, and over 1,100 overall in the U.S. and China. MPP says it has already hired 51 employees as part of the...

  • Electroless Nickel from Franke Plating Works

    Northeast Indiana Plating Company Expanding

    Fort Wayne-based Franke Plating Works has announced plans to invest over $1 million to upgrade and expand its production facility east of downtown Fort Wayne. The third-generation-owned company will add new equipment and improve the facility near its headquarters. The company says the improvements will allow for additional flexibility and ability to produce a more diverse set of parts. The expansion will more than double the company's capacity. 

  • (photo courtesy of Subaru of Indiana Automotive)

    SIA Breaks Ground on Training Center

    Officials from Subaru of Indiana Automotive in Lafayette have broken ground on a new technical training center. The company says the 20,000-square-foot facility will double the size of its current training center. SIA did not say how much it is investing in the new facility. The technical training center will feature a simulated factor floor, up to six training robots, multiple assembly line simulators, classrooms, and a larger computer lab, among other amenities. 

  • Hanna believes crews could begin "turning dirt" in 2020.

    Hanna: South Shore Project Hits 'Major, Major Milestone'

    The president of the Northwest Indiana Regional Development Authority says the South Shore Line West Lake Corridor project will create a crucial "Hoosier gateway in Chicago." The more than $700 million project has received a positive project rating from the Federal Transit Administration, putting it a step closer to up to $440 million in federal funding. Bill Hanna says the rail extension will help Hoosier workers connect to jobs in Chicago that often pay more...

  • (Image of planed West Lake Corridor Expansion of the South Shore commuter rail line provided by the Northwest Indiana Regional Development Authority.)

    South Shore Extension Moves Closer to Federal Funding

    The South Shore Line West Lake Corridor is a step closer to up to $440 million in federal funding, thanks to a positive project rating from the Federal Transit Administration. The "medium-high" rating means the project, which involves the extension of the South Shore Line between Dyer and Hammond, is eligible for funding to cover a large portion of the more than $700 million project. The rating came from the FTA's Fiscal Year 2020 Annual Report on Funding Recommendations...

  • (photo courtesy of Berry Global)

    Berry Global to Acquire UK Company

    Evansville-based Berry Global Group Inc. (NYSE: BERY) has announced plans to acquire United Kingdom-based design and engineering company RPC Group Plc. The deal is valued at approximately $6.5 billion, including the refinancing of RPC's debt.

  • (photo courtesy Cummins)

    Two Companies Plan Seymour Expansions

    The Seymour City Council has approved tax incentives for two companies looking to expand in the Jackson County city. The Seymour Tribune reports Alterra Holdings, which is headquartered in Seymour, and Colubmus-based Cummins Inc. (NYSE: CMI) are planning investments totaling more than $15 million. 

  • (photo courtesy SDI Innovations)

    SDI Innovations Acquires Colorado Company

    Lafayette-based SDI Innovations, the parent of School Datebooks, has acquired a Colorado company. Financial terms of the deal for Action Agendas, which makes planning calendars and gradebooks for schools, are not being disclosed.

  • The facility is located at the River Ridge Commerce Center.

    Auto Parts Supplier to Open Jeffersonville Facility

    A subsidiary of Japan-based DENSO has announced plans to open a new distribution center in Jeffersonville. DENSO Products and Services Americas Inc., headquartered in Michigan, says it will invest nearly $10 million to lease and equip a 312,000-square-foot facility, creating up to 50 jobs by 2023. The company is an automotive components sales and distribution company that supplies parts for original equipment service dealers and independent aftermarket service centers and retailers.

  • Cummins, IMS Partner For Centennial

    Columbus-based Cummins Inc. (NYSE: CMI) has announced a partnership with the Indianapolis Motor Speedway. The five-year collaboration will feature an increased presence for Cummins at the famed oval track, including a pre-race parade lap at this year's Indianapolis 500 featuring all five of Cummins' historic race cars together for the first time. The partnership was announced as part of the manufacturing company's centennial celebration and Jon Mills, director of...

  • The third-party logistics firm currently employs more than 300 full-time associates in Plainfield.

    MD Logistics Opens Plainfield Warehouse

    Plainfield-based MD Logistics has opened its fourth warehouse in the city, which is expected to create 50 jobs by the end of 2023. The move includes a $1 million investment to upgrade and equip the space to boost offerings to current customers. The third-party logistics firm currently employs more than 300 full-time associates in Plainfield. It develops customized supply chain solutions for clients. The company says it is currently hiring for "key operational positions"...

  • (photo courtesy IUPUI)

    Cummins, IMS Set For 'Special Announcement'

    Columbus-based Cummins Inc. (NYSE: CMI) and the Indianapolis Motor Speedway will Wednesday make a "special announcement" in Indianapolis. Few details were made available, however Cummins says the announcement comes as it celebrates its centennial.

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

    Indiana Leads U.S. Steel Production

    Indiana once again led the nation in steel production in 2018. Jake Murphy with the American Iron and Steel Institute tells our partners at The Times of Northwest Indiana steel mills throughout the state made 26.7 million net tons of steel last year, up from 24.1 million in 2017. 

  • Picture Courtesy: Logan Stampings

    Manufacturer Growing in Logansport

    Logansport-based Logan Stampings is planning on moving its Peru operations to the Cass County city. The company says it will invest more than $3 million in the move, which is expected to include at least 12 new jobs. Logan Stampings currently employs 46 full-time and 28 part-time employees in Logansport. The 15 full-time and five part-time employees at the Peru LSI Fabrication plant will move to a new location in the Logansport Industrial Park.

  • Atlas World Group to Expand Headquarters

    Evansville-based Atlas World Group Inc. has announced plans to expand its headquarters. The transportation company will move its international relocation services to Evansville from Seattle, while forming a new leasing company, AWG Equipment Leasing Inc., to offer financing to its agents and owner-operators. Plans call for the company to add up to 75 new jobs by the end of 2023. 

  • Calumet Specialty Products Partners is headquartered in Indianapolis.

    Calumet Swings to Quarterly Profit

    Indianapolis-based Calumet Specialty Products Partners LP (Nasdaq: CLMT) is reporting fourth quarter net income of $18.1 million, compared to a net loss of $83.6 million during the same period the previous year. Chief Executive Officer Tim Go says the results were driven by gains in the company's specialty products and fuel products divisions, despite seasonally-weaker demand.

  • (photo courtesy of Thor Industries)

    Acquisition Costs, Low Demand Lead to Q2 Loss For Thor

    Elkhart-based Thor Industries Inc. (NYSE: THO) is reporting a fiscal second quarter net loss of $5.4 million, compared to net income of $79.8 million during the same period the previous year. The recreational vehicle manufacturer says the results reflect the impact of balancing production with market demand.

  • The announcement will be at the Toyota Visitors Center in Princeton.

    Toyota, Vincennes to Detail Partnership

    Toyota Motor Manufacturing Indiana Inc. and Vincennes University will Tuesday unveil a partnership to support southwest Indiana's workforce needs. Indiana Secretary for Career Connections and Talent Blair Milo will join Toyota Indiana President Millie Marshall and others at the event in Princeton. WorkOne Southwest Executive Director Jim Heck, Vincennes University Director of Adult Basic Education Lauren Bell and student Latasha Barnett will also be on-hand for the Tuesday morning...

  • (photo courtesy of OSR Inc.)

    Manufacturer to Break Ground on Columbus Facility

    Officials in Columbus will Tuesday break ground on a new $6.5 million manufacturing facility. Construction on the more than 82,000-square-foot plant for OSR Inc., a manufacturer and supplier of fasteners for the automotive industry, is expected to create 12 jobs this year.

  • Martinsville Sock Manufacturer Acquired

    Martinsville-based FBF Originals LLC has been acquired by Taglich Private Equity in New York. The company, a manufacturer, distributor and retailer of licensed and novelty socks, says its 110 production and front office employees will remain with the current executive team and staff at its Morgan County headquarters.

  • The purchase price includes $93 million in cash and the assumption of $41 million in debt.

    Steel Dynamics Closes Majority Acquisition of Texas Company

    Fort Wayne-based Steel Dynamics Inc. (NASDAQ: STLD) has completed a $134 million majority acquisition deal of United Steel Supply. The deal involves 75 percent of the Texas company, with an option for Steel Dynamics to purchase the remaining 25 percent in the future. The purchase price includes $93 million in cash and the assumption of $41 million in debt. The Allen County company announced the majority acquisition last month. United Steel Supply distributes painted and...

  • Production is set to move to a pair of other plants.

    Richmond Casket Plant to Close

    Matthews International Corp. has detailed plans to close its Richmond Casket Plant in Wayne County. In a notice to the state, the company says the closure is the result of restructuring and consolidation efforts and 122 employees will be laid off.

  • Allison Transmission's global headquarters are located in Indianapolis. (photo courtesy of Allison Transmission)

    Allison Planning New Testing Facility

    Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) has announced plans for a new vehicle testing facility at its global headquarters. The manufacturer says the multi-million-dollar facility will be the first of its kind in the Midwest and one of only a few in the United States. The Vehicle Environmental Test facility will feature two environmental chambers that can simulate temperature extremes, altitude, and on-road conditions. It will allow testing for regulatory...

  • The event will take place at the Indiana Convention Center.

    New Convention to Celebrate U.S. Manufacturing

    An inaugural event focusing on manufacturing and products made in the United States will take place this fall in Indianapolis. More than 10,000 people are expected to attend MADE IN AMERICA 2019, a four-day expo at the Indiana Convention Center that aims to raise awareness "for the economic, environmental and community impact of American manufacturing."

  • Fort Wayne Companies Acquired

    A pair of Fort Wayne-based companies is under new ownership. Phoenix-based Alpine 4 Technologies Ltd. has acquired Morris Sheet Metal Corp. and its sister company JTD Sprial Inc. The acquisitions are the first for Alpine 4's construction services holdings portfolio.

  • Tom Bell is CEO of Rolls-Royce North America

    Leaders Tout Indy For Rolls-Royce Program

    The chief executive officer of Rolls-Royce North America says the F130 engine produced in Indianapolis is everything the U.S. Air Force needs for its B-52 re-engining program. The manufacturer announced Monday it is putting its name in the hat for a contract to build 650 engines for the B-52 bomber fleet. At a news conference, Tom Bell said the company's F130 engine will serve the fleet long into the coming decades. Elaine Bedel, president of the Indiana Economic Development Corp...

  • Rolls-Royce Planning Indy Expansion, More Jobs

    Rolls-Royce has announced plans to expand engine production in Indianapolis to build new engines for the U.S. Air Force, if it secures a key contract. The manufacturer, which already has a major presence in central Indiana, says if it is chosen for the B-52 re-engining program, it will use its Indy facility to produce 650 engines for the Air Force's B-52 strategic bomber fleet. The plant would create more than 150 jobs.

  • Rolls-Royce to Make Indy Jobs Announcement

    Rolls-Royce Corp. in Indianapolis will Monday make an announcement about a new campaign and jobs. Few details were provided, however the company says the announcement will involve a new U.S. defense engine program.

  • KGP Logistics has been located in Warsaw since 2009

    Logistics Company Assisting Displaced Employees

    Soon-to-be displaced workers in Warsaw are receiving assistance in finding new employment. Minnesota-based KGP Telecommunications this week announced plans to lay off 300 employees as a result of a “sudden decrease in business.”

  • (photo courtesy of Aardvark Straws)

    Talent Key to Straw Maker's Growth

    Fort Wayne-based Aardvark Straws is celebrating the opening of its more than 100,000-square-foot paper straw manufacturing facility. The company was acquired by Wisconsin-based Hoffmaster Group Inc. in August and President Rory Leyden says the $9 million project is the result of a rapidly-growing demand for alternatives to plastic straws, especially on the coasts. Aardvark has already hired more than 100 employees for the facility and has plans to add at least...

  • Logistics Company to Lay off 300

    Minnesota-based KGP Telecommunications Inc. has detailed plans for a major workforce reduction at its facilities in Warsaw. In a notice to the state, the company says a "sudden decrease in business" has resulted in the decision to lay off 300 employees.

  • Staci Kroon is the CEO of BraunAbility.

    BraunAbility CEO Says HQ Move is About Talent

    The chief executive officer of BraunAbility says the company's decision to move its global headquarters to Carmel is all about talent. The company, which is currently based in Winamac, announced its relocation plans Wednesday and Staci Kroon says it was prompted by the need for access to a larger population base to attract talent as the company continues to grow. BraunAbility will invest $7.5 million to move its headquarters to the Lakeside Green Business Center and construct a new...

  • (photo courtesy of Hoist Liftruck Manufacturing)

    Toyota Industries Acquires East Chicago Manufacturer

    Toyota Industries North America in Columbus has announced plans to acquire East Chicago-based Hoist Liftruck Manufacturing LLC. Financial terms of the deal are not being disclosed, however Toyota says the new company will be called Hoist Material Handling Inc.

  • (rendering provided)

    BraunAbility Moving Global HQ to Carmel

    A manufacturer of wheelchair vehicles and wheelchair lifts in Pulaski County has announced plans to relocate its global headquarters to Carmel. BraunAbility says it will invest $7.5 million to move its HQ to the Lakeside Green Business Center and construct a new Research & Development and Technology Center. The Indiana Economic Development Corp. says the move will create up to 70 jobs in Hamilton County. The company says the investment will also boost its existing...

  • Manufacturer Moving Companies to South Whitley

    Fort Wayne-based Bolt Custom Trucks and Manufacturing has announced it's moving affiliated companies to South Whitley. Field service truck equipment manufacturer Service Star Trucks and TEK Coat and Spray, LLC, will locate in the former Dwyer Instruments building on West 1st Street. The company plans to relocate employees to the new facility, but future plans include employing up to 35 workers at the South Whitley building.  

  • Former Manufacturing Execs Indicted

    A federal grand jury has indicted two former executives of a plastics manufacturer in Evansville. U.S. Attorney Josh Minkler's office says Kevin Kuhnash and Jason Jimerson allegedly committed fraud when they orchestrated the sale of Lucent Polymers Inc. to another company. Kuhnash was the chief executive officer of Lucent and Jimerson served as chief operating officer. They are alleged to have concealed critical defects in the company's business, including fraud that Lucent was...

  • (photo courtesy of General Motors)

    Vincennes, GM Partner to Train UAW Workers

    Vincennes University has formed a partnership with General Motors Powertrain Bedford to train United Auto Workers apprentices in advanced manufacturing. The agreement allows apprentices to train in metallurgy, blueprint reading and Computer numerical control machining.

  • Spec Building Planned Near Indy Airport

    A Pennsylvania-based real estate investment management firm is planning to build an industrial spec building near Indianapolis International Airport. Exeter Property Group says it will invest $12 million to build the 366,000-square-foot building, which will be designed for light manufacturing and logistics companies.

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

    Burns Harbor Port Extends Key Partnership

    The Port of Indiana Burns-Harbor has extended a partnership with its longtime stevedore and marine terminal operating company, Federal Marine Terminals. The Ports of Indiana says the deal will run through at least 2023. FMT is responsible for loading and unloading cargoes to and from ships that come into the port. Some of the commodities it handles at the Port of Indiana-Burns Harbor include steel, breakbulk cargoes, forest products, and heavy lift/project cargo such as...

  • The company is a joint venture between Ohio businessman Tom Faris and Madison-based SuperATV.

    Plastics Coating Company Coming to Madison

    A plastic coating company is investing more than $13 million to launch in southeast Indiana. Armor Plastics, which specializes in aftermarket ATV parts, plans to create up to 30 jobs over the next few years in Madison. The company will move into a former Williamson Metal Works facility, which was acquired by the Armor Group in 1999 and has been vacant since closing in 2009. It expects to have the site fully operational by 2023. The company is a joint venture between...

  • Kimball Electronics Swings to Profit

    Jasper-based Kimball Electronics Inc. (Nasdaq: KE) is reporting fiscal second quarter net income of $7.1 million, compared to a net loss of $8.3 million during the same period the previous year. Chief Executive Officer Donald Charron says the ramp-up of new program launches and the acquisition of California-based GES Holdings contributed to the results.

  • Lippert Launches Leadership Academy

    Elkhart-based Lippert Components Inc. has launched an initiative designed to help other businesses, nonprofits, and individuals with leadership and development training. The manufacturer says the Lippert Academy for Leadership will offer a variety of programs and services, including on-site training and leadership development programs, executive coaching, and speaking engagements. The academy is being led by Dustin Kaehr, who says the goal is to share what LCI has learned through its...

  • (Image courtesy of Cummins Inc.)

    Cummins Swings to Quarterly Profit

    Columbus-based Cummins Inc. (NYSE: CMI) is reporting fourth quarter net income of $579 million, compared to a net loss of $274 million during the same period the previous year. Chief Executive Officer Tom Linebarger says 2018 was a historic year for Cummins and he expects another year of record financial results in 2019.

  • (photo courtesy of Boss Industries)

    La Porte Manufacturer Acquired

    La Porte-based Boss Industries LLC is under new ownership. The company, which manufactures rotary screw power take-off compressor systems for utilities and municipalities, has been acquired by Illinois-based private equity firm Wynnchurch Capital LLC.

  • The Toyota Motor Manufacturing Indiana plant is located in Princeton.

    Toyota Celebrates Production Growth

    Toyota Motor Corp. (NYSE: TM) is touting continued growth at its plant in Princeton. The automaker says production at the facility topped 422,000 vehicles in 2018, up slightly from the previous year. The Princeton plant produces the Highlander, Highlander hybrid, Sequoia and Sienna models, half of which saw increases in 2018. 

  • Monday's announcement took place at a home built by Area 31 students.

    Indy, Wayne Township Schools Launch Partnership

    The city of Indianapolis and the Metropolitan School District of Wayne Township have unveiled a partnership focused on workforce development and improving neighborhood quality of life. The city says it will allocate $300,000 to fund adult education programs for Marion County residents in opportunity job sectors that are in high-demand but have unfilled positions. An additional $90,000 will go toward the district's Area 31 Student Construction Vocational Program. In an interview with...

  • (photo courtesy of LinkedIn)

    IBC Advanced Alloys CEO Resigns

    The board of directors for Franklin-based IBC Advanced Alloys Corp. has announced the search for a new leader. The company says Duncan Heinz has resigned as chief executive officer, though a reason for his resignation was not given. 

  • (Image courtesy of the Ports of Indiana.)

    Indiana Ports Hit Record Shipments

    The Ports of Indiana is celebrating a record number of shipments in 2018. The state's three ports, located in Burns Harbor, Jeffersonville and Mount Vernon, handled 14.8 million tons of cargo last year, marking a 21 percent increase over the previous record set in 2015. The organization says it is the first time the ports set records in each quarter and the fifth consecutive year they handled more than 10 million tons of cargo. The results were driven by large increases in...

  • Wabash National Offloads Business Unit

    Lafayette-based Wabash National Corp. (NYSE: WNC) has announced the divested of its Aviation and Truck Equipment business. Financial terms of the sale to Kansas-based Garsite Progress LLC were not disclosed.

  • Simon Property Group is one of two Indiana companies on the list.

    Hoosier Companies Among 'Most Admired'

    Two Indiana companies are included in Fortune's 2019 list of the "World's Most Admired Companies." The list was determined by a survey of nearly 4,000 executives, directors and analysts who rated companies in their own industries based on criteria such as investment value, quality of management and ability to attract talent.

  • (photo courtesy of MonoSol)

    Hoosier Companies Among 'Best and Brightest'

    Two Indiana companies are among more than 500 selected by the National Association for Business Resources as the 2018 Best and Brightest Companies to Work For in the Nation. The winners were chosen by an independent research firm from more than 2,400 nominations.

  • (photo courtesy of Talbert Manufacturing)

    Jasper County Manufacturer Lands Military Contract

    The U.S. Department of Defense has awarded a major contract to Rensselaer-based Talbert Manufacturing Inc. The manufacturer will receive more than $360 million over the next five years for the production of semitrailers for the U.S. Army.

  • The layoffs are expected to begin at the end of the month. (photo courtesy of Silberline Manufacturing Co.)

    Silberline Closing Decatur Facility

    Pennsylvania-based Silberline Manufacturing Co. is detailing plans to close its facility in Adams County. In a notice to the state, the company says the closure will result in the layoffs of 50 employees.

  • Indiana Drug Czar Jim McClelland announced RALI's launch in July 2018

    Grant Offers Addiction Education to State's Largest Industry

    The Rx Abuse Leadership Initiative (RALI) Indiana today awarded a $45,000 grant to the Indiana Manufacturers Association (IMA) to equip Indiana’s largest industry with new resources in its response to opioid misuse and the addiction crisis. The grant will fund addiction education and other tools that will allow Indiana employers to further aid employees possibly affected by the epidemic. 

  • Governor Eric Holcomb was on hand for Friday's announcement. (photo courtesy of the IEDC)

    Saturn Petcare Makes Vigo County Move Official

    Germany-based Saturn Petcare Inc. has officially announced plans to establish its first U.S. operations in Vigo County. The Indiana Economic Development Corp. says the pet food manufacturer will invest more than $38 million to purchase, renovate and equip a more than 350,000-square-foot facility in the Vigo County Industrial Park II and create up to 200 jobs by 2024. The facility will initially house production of wet pet food for cats and dogs. Production is slated to begin...

  • Saturn Petcare announced last year plans to set up shop at the former Pfizer building. (photo courtesy of WTHI-TV)

    Jobs Announcement Set For Vigo County

    Governor Eric Holcomb will Friday join local officials to celebrate plans by Germany-based Saturn Petcare to establish its first U.S. facility in Vigo County. The event in Terre Haute will also include details about new jobs expected to be created by the pet food manufacturer.

  • (Rendering courtesy of RTM Ventures.)

    Another Tenant Heading to Electric Works

    The developers of the $440 million Electric Works mixed-use innovation district in downtown Fort Wayne have announced a new tenant for the property. Fort Wayne Metals has signed a letter of intent to lease space at the former General Electric property with initial plans for dedicated space for materials research and development. The Fort Wayne Metals space will be located on the project's west campus. The announcement comes more than a year after the company...

  • Denny Oklak will serve as board chairperson for Conexus Indiana.

    Conexus Expands Board, Names New Chair

    Conexus Indiana has added four members to its board of directors, bringing its total of statewide members to 15. The state's advanced manufacturing and logistics initiative has also selected Denny Oklak as its new board chairperson. 

  • (Image courtesy of Amazon.com Inc.)

    Gary Amazon Facility Has Hired Hundreds

    Amazon.com Inc. (Nasdaq: AMZN) says it has hired 500 employees at the Gary delivery station it opened last month. Our partners at The Times of Northwest Indiana report the hires have ranged from seasonal delivery associates to full-time assistant managers and station operations managers. The publication says the facility is one of the 24/7 "last-mile" carrier sites that the e-commerce giant has been locating throughout the United States to strengthen its...

  • (Image courtesy of Hurco)

    Hurco Profit Rises in Anniversary Year

    Indianapolis-based Hurco Companies Inc. (Nasdaq: HURC) is reporting full-year net income of $21.5 million for 2018, up from $15.1 million the previous year. Chief Executive Officer Michael Doar says the CNC manufacturer achieved several milestones during the year.

  • Governor Eric Holcomb joined officials for the groundbreaking ceremony.

    Mayor: Groundbreaking Shows Lebanon is a National Player

    The mayor of Lebanon says the decision by United Kingdom-based DS Smith Plc to locate its first U.S. manufacturing facility in the Boone County city represents the city's competitiveness on a national level. The packaging company broke ground Friday morning on the $100 million facility, which is expected to create 140 jobs by the end of 2020. In an interview with Inside INdiana Business Reporter Mary-Rachel Redman, Matt Gentry said the decision is a great indicator of...

  • (Image courtesy of DS Smith Plc)

    UK Company to Break Ground on Lebanon Facility

    Governor Eric Holcomb will Friday join officials in Boone County to break ground on a more than $100 million project. United Kingdom-based packaging company DS Smith Plc is building its first U.S. manufacturing facility at the Lebanon Business Park and plans to add up to 160 jobs by the end of 2020.

  • The plant in Lordstown, Ohio is one of five to close as part of GM's reorganization effort. (photo courtesy of GM)

    UAW Files Suit Against GM

    The United Auto Workers has filed a federal lawsuit against General Motors Co. (NYSE: GM) for what the union claims is a breach of labor contract. The suit calls for the automaker to transfer nearly 700 employees who were laid off from an assembly plant in Ohio to a similar plant in Fort Wayne.

  • AM General manufactures Humvees for the U.S. military. (photo courtesy of AM General)

    Army Boosts AM General Contract

    South Bend-based AM General LLC has landed a $20 million contract boost from the U.S. Army. The deal involves the recapitalization of Humvees for the Army National Guard. The recapitalization process involves disassembling some vehicles, inspecting the parts, and modifying them to meet updated standards. Work on the deal will be performed in South Bend, with an estimated completion date of September 30. The contracting activity is the U.S. Army Contracting Command in Warren, Michigan.
  • (photo courtesy of Sentry BioPharma Services)

    Commission OKs Two Indy West Side Projects

    The Indianapolis Metropolitan Development Commission has approved tax abatement for two projects on the city's west side totaling nearly $11.5 million. According to documents filed with the city, the developments would create and retain nearly 60 jobs. Indianapolis-based Sentry Ventures LLC is planning to invest nearly $9 million to build and equip a 30,000-square-foot addition to its existing facility and Japan-based Ryoei USA Inc. is looking to invest $2.5 million to build a...

  • Young: Trade Issue Could Be 'More Disruptive'

    Senator Todd Young (R-IN) says he shares the anxieties of Indiana's ag producers and business community when it comes to the debate over tariffs. Young says the country's ongoing trade issues have been disruptive for Indiana's trade economy and it could become more disruptive. He says the U.S. needs more clarity and a comprehensive written strategy with respect to its trade policy and other international economic policies.  In an interview with Inside INdiana Business...

  • (photo courtesy of Jayco)

    Jayco Chairman to Retire

    The chairman of the Middlebury-based Jayco Board of Directors has announced his plans to retire. The recreational vehicle manufacturer says Wilbur Bontrager, who has been involved with the company since its inception, will step down from full-time duty at the end of the year.

  • IMA: Education Initiative a 'Win-Win'

    The Indiana Manufacturers Association says its recently-announced education program is a "win-win" for both employers and students throughout the state. The organization has launched the Indiana Federation for Advanced Manufacturing Education, which aims to provide skilled workers for the state's manufacturing industry through a dual-track training effort. Stephanie Wells, vice president of workforce development and administration for the IMA, says the labor shortage and...

  • (provided photo)

    Newton County Plant Acquired by Canadian Company

    Canada-based Cascades Inc. has acquired a manufacturing plant in Newton County. The green packaging and tissue products manufacturer says the deal involves the Urban Forest Products facility in Brook, which manufactures molded pulp protective packaging for the egg and quick service restaurant industries. Rob Richards, general manager for what will now be known as...

  • IMA Launches Education Initiative

    The Indiana Manufacturers Association has begun an employer-driven education program to provide skilled workers to meet the needs of the state's manufacturing industry.  The Indiana Federation for Advanced Manufacturing Education will collaborate with manufacturers and educational institutions to devise dual-track training to include hands-on instruction and classwork. Students completing coursework would earn an associate degree.  

  • (photo courtesy of FCC (Adams) LLC)

    Manufacturer Planning Expansion in Berne

    A subsidiary of Japan-based FCC Co. Ltd. has announced plans to expand in Adams County. The Indiana Economic Development Corp. says FCC (Adams) LLC will invest more than $24 million to grow its Berne facility and add up to 51 jobs by 2021.

  • Crane Army Ammunition Activity is the second largest tenant at NSA Crane.

    Ribbon Cutting Set For New Crane Complex

    The second largest tenant at Naval Surface Activity Crane in southwest central Indiana will Wednesday celebrate the opening of a new effort at the installation. Crane Army Ammunition Activity will cut the ribbon on the multi-million-dollar Crane Flexible Manufacturing Complex.

  • Pro Systems is headquartered in Churubusco.

    Churubusco Company Acquired

    Cleveland-based Lincoln Electric Holdings Inc. (Nasdaq: LECO) has announced the acquisitions of two companies, one of which is located in Whitley County. Financial terms of the deal for Churubusco-based Pro Systems LLC and Coldwater Machine Company LLC in Ohio are not being disclosed.

  • Omen currently employs about 100 in Indiana.

    Israeli Company Bringing Hundreds of Jobs to Richmond

    Israel-based Omen USA says it will expand its manufacturing operations in Richmond and create up to 200 jobs by 2022. The auto supplier plans to invest more than $15 million to boost production in Wayne County. Omen already employs about 100 in Indiana. The company says it will expand its 76,000 square-foot facility by an additional 21,000 square feet and add new production lines. It says growing demand from auto equipment manufacturers in the U.S. and Germany led to the expansion...

  • The abatement approvals total about $3.5 million.

    Brazilian Company's Portage Plans Move Forward

    The Portage City Council has approved tax abatement for a Brazilian company looking to bring a manufacturing facility to the northwest Indiana city. Gelnex, which makes gelatin and collagen peptides used in products ranging from pharmaceuticals to candy, plans to hire 12 employees next year. The proposed Portage plant would dry the gelatin to a powder form. Companies use the powder for products including makeup, protein powders, candy and pharmaceutical products.

  • Delco Foods Expanding to Whitestown

    Indianapolis-based Delco Foods is looking to grow its central Indiana operations. The specialty and Italian food distributor plans to invest more than $5 million to locate in a 150,000-square-foot facility in Whitestown, and create more than 130 jobs by 2024. 

  • (photo courtesy of the Miami County Economic Development Authority)

    Manufacturer Expanding in Peru

    A Germany-based manufacturer has broken ground on a major expansion in Miami County. The Peru Tribune reports Heraeus Electro-Nite, which makes measurement technology systems used with molten metals, plans to add more than 100,000 square feet of space to its Peru facility and add an as-yet unknown number of jobs.

  • Millions Raised For 'Back a Boiler'

    Purdue University's Back a Boiler income share agreement program has netted $10.2 million from fundraising initiatives by the Purdue Research Foundation. The program offers an alternative to students seeking private student loans and Federal Parent PLUS.

  • Thor Profit Sees Sharp Drop in Q1

    Elkhart-based Thor Industries Inc. (NYSE: THO) is reporting fiscal first quarter net income of $14 million, down from $128 million during the same period last year. The recreational vehicle manufacturer says the drop is due in part to efforts to balance production with market demand and acquisition-related expenses.

  • Lake Cable says construction is expected to be complete in 2020.

    Illinois Company Growing in Porter County

    Illinois-based Lake Cable LLC is planning to expand its northwest Indiana operations. The wire and cable manufacturer says it will invest $7 million to grow its Valparaiso facility and add up to 54 jobs by 2021. Lake Cable says construction is expected to be complete in 2020, with training and hiring set to begin that year. The privately-held, fourth-generation manufacturer was founded in 1995 and has been in Valparaiso for 14 years. The company has more tan 450 employees in five...

  • Picture Courtesy: Alliance Steel

    Another Illinois Company Moving to Indiana

    A steel supply and coil processing manufacturer is moving from Illinois to Gary. Alliance Steel says it will invest nearly $20 million to establish its northwest Indiana headquarters and create up to 130 jobs by 2023. The company says the move will allow it to meet growing customer demand in the automotive, construction, agriculture and transportation industries, among others. Alliance plans to begin renovations in early 2019 and be up and running in January 2020. It's investing...

  • (photo courtesy of Smoker Craft Boats)

    Lippert Acquires Another Marine Furniture Business

    A subsidiary of Elkhart-based LCI Industries Inc. (NYSE: LCII) has acquired the furniture manufacturing business of Smoker Craft Inc. in Elkhart County. Lippert Components Manufacturing Inc. says the $28 million deal also includes a long-term supply agreement between the companies. 

  • WYN manufactures a variety of products, including fiberglass and polyethylene tanks. (photo courtesy of WYN Industries)

    Manufacturer Relocates to Whitestown

    An Indianapolis-based manufacturer is celebrating its move into a larger facility in Whitestown. WYN Industries Inc. has invested $810,000 in the move, which includes plans to add up to 16 jobs over the next few years.

  • Parker says Fort Wayne's GM plant is positioned well because of its product mix.

    Will GM Plan Be Short-Term Pain and Long-Term Gain?

    While a massive reorganization announced last week by General Motors Co. (NYSE: GM) will mean pain in the form of five plant closures and the elimination of 14,000 jobs, an Indiana University Kelley School of Business professor says it was long overdue and should pay dividends for the automaker.  The GM plan, which includes the elimination of six passenger car models, is in response to a massive consumer move away from cars to trucks, SUVs and crossovers.

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

    Wabash Heartland Taps Into Public Input

    Parks and trail improvement, workforce development and high-speed internet access are among the top priorities of thousands of respondents to a Wabash Heartland Innovation Network regional placemaking survey. The results will help determine how to use a $10 million Regional Cultivation Fund in the 10-county region in north central Indiana. About 2,500 people living...

  • After 40 Years, Batesville Tool & Die Preparing For Future

    As Batesville Tool & Die looks back at 40 years of operation in Indiana, its chief executive officer is looking toward the future. The automotive parts supplier began with just six employees and now employs some 1,000 throughout North America, including 450 in Batesville. Jody Fledderman, whose father founded the company in the 1970s, says the company's is engaged in several workforce initiatives.

  • AquaBounty operates a facility in Albany, Indiana. (photo courtesy of Bell Aquaculture)

    AquaBounty Names New CEO

    A Massachusetts-based company with a presence in east central Indiana has named a new chief executive officer. AquaBounty Technologies Inc. (Nasdaq: AQB) says Sylvia Wulf, who currently serves as senior vice president of US Foods Inc., will begin her new role in January.

  • The purchase price includes $93 million in cash and the assumption of $41 million in debt.

    Steel Dynamics Planning Major Investment

    Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) has announced plans to build a new organic flat roll steel mill in the U.S. The company says it will invest up to $1.8 billion in the facility and create approximately 600 jobs. A specific location has not yet been determined, however Steel Dynamics says the mill will likely be built in the southwestern United States and construction could begin in 2020. The electric-arc-furnace facility is expected to have an...

  • The operation has been in Fillmore for nearly 40 years.

    Report: Dixie Chopper Closing in Putnam County

    Dixie Chopper is reportedly closing the doors of its Putnam County plant. The Banner Graphic in Greencastle reports the company told about 100 workers at the Fillmore facility that manufacturing would move to an out-of-state operation. The lawnmower manufacturer has been in the town of Fillmore for nearly 40 years. Jacobsen, a division of Rhode Island-based Textron Inc., acquired Dixie Chopper's assets in February. The publication says the company...

  • (photo courtesy of the Marshall County Economic Development Corp.)

    American Containers Expanding

    Plymouth-based American Containers Inc. is announcing their third expansion in four years. The company plans to invest nearly $1.2 million into new equipment to increase production and create a small number of jobs. The expansion is part of a seven-year personal property tax abatement approved Monday by the Plymouth Common Council. The expansion includes two projects...

  • United Technologies Corp. is the parent of Carrier Corp.

    Carrier Parent to Split Into Three Companies

    The Connecticut-based parent of Carrier Corp., which recently laid off hundreds in Indianapolis, has announced plans to divide into three independent companies. United Technologies Corp. (NYSE: UTX) Chief Executive Officer Gregory Hayes says the decision will best position each company to drive sustained growth and lead its industry in innovation and customer focus. The separation is expected to be complete in 2020. The three companies that will come out of the separation include...

  • GM 'Reorganization' Includes Plant Closures, Layoffs

    General Motors Co. (NYSE: GM) has announced what it calls "proactive steps to improve overall business performance." The auto manufacturer says it plans to close five facilities in 2019, including assembly plants in Ohio and Michigan, and reduce its workforce by 15 percent. GM says the move is part of a transformation for the future, which includes an increased focus on next generation battery-electric vehicles. The company says the moves it is making are expected to...

  • Q-Edge Corp. is a subsidiary of Foxconn/Hon Hai Technology Group.

    Layoffs Planned For Plainfield Plant

    A subsidiary of Taiwan-based Foxconn/Hon Hai Technology Group has announced plans to reduce its workforce in Plainfield. Q-Edge Corp. says it will lay off more than 150 employees at the Hendricks County facility over the next three months. In a notice to the state, Q-Edge says the layoffs are "due to changes in our business and production objectives." The company says the layoffs are expected to begin "shortly," though a specific time frame was not given.

  • Indy Manufacturers Land Military Contracts

    The U.S. Department of Defense has awarded major contracts to two manufacturers in Indianapolis. Rolls-Royce Corp. will receive nearly $41 million for the production of marine turbine engines and Allison Transmission Holdings Inc. (NYSE: ALSN) will receive nearly $21 million for transmission overhaul kits.

  • (photo courtesy of Winchester Community High School)

    Alumni Gift to Benefit Manufacturing Lab in Winchester

    The Randolph County School Corp. will Tuesday celebrate a $100,000 donation to the Advanced Manufacturing Lab at Winchester Community High School. The district says the funding will be used to purchase industrial precision manufacturing equipment for the lab. 

  • Production is set to move to a pair of other plants.

    Richmond Casket Facility Closing

    An eastern Indiana casket manufacturing plant is closing. The Palladium-Item in Richmond reports production at the Matthews Aurora Funeral Solutions facility, which employs about 200, will end next year. Parent company Matthews International (Nasdaq: MATW) spokesperson Mandy Dlugos tells the publication that the closing process will begin in 2019, with the plant closing by the end of next year. Production is set to move to a pair of other plants.

  • The company changed its name from Berry Plastics to Berry Global Group in April 2017.

    Berry Global Full-Year Profit Grows

    Evansville-based Berry Global Group Inc. (NYSE: BERY) is reporting fiscal full-year net income of $496 million, up from $340 million the previous year. The manufacturer says it also saw net sales increases in each of its separate divisions. 

  • Hillenbrand is headquartered in Batesville. (photo courtesy Hillenbrand)

    Hillenbrand Fiscal Year Profit Drops

    Batesville-based Hillenbrand Inc. (NYSE: HI) is reporting fiscal full-year net income of $76.6 million, down from $126.2 million the previous year. Despite the drop, Chief Executive Officer Joe Raver says the manufacturer is in a good position as it starts a new fiscal year. 

  • (Image courtesy of Steel Green Manufacturing.)

    Lebanon Company Details Growth Plans

    A lawn and power equipment startup is planning to expand in Boone County. Steel Green Manufacturing says it intends to add 58 employees as part of a $563,000 investment in the former Walter Peyton Power Equipment facility near the Lebanon Business Park. General Manager Brent Mills says "Steel Green Manufacturing's new operations will support the continued growth of the lawn care industry by producing quality and innovative equipment. We chose Lebanon because..."

  • Major Loss For Skyline Champion

    Elkhart-based Skyline Champion Corp. (NYSE: SKY) is reporting a fiscal second quarter net loss of $77 million, compared to net income of $7.4 million during the same period last year. The company says the loss was driven by an increase in expenses related its merger with Champion Enterprises Holdings LLC, which was completed in June.

  • Calumet Specialty Loss Continues to Improve

    Indianapolis-based Calumet Specialty Products Partners LP (Nasdaq: CLMT) is reporting a third quarter net loss of $16.5 million, compared to a loss of $23.6 million during the same period last year. Chief Executive Officer Tim Go says the company plans to continue its multi-year "self-help" program in an effort to improve profitability.

  • Delegation From East Central Indiana in Japan

    A group of economic development leaders from east central Indiana and the Japan-America Society of Indiana are in Japan through Friday. The Mayors' Leadership Delegation and Industry Appreciation Mission is being coordinated by the Muncie-based East Central Indiana Regional Partnership and includes Rushville Mayor Mike Pavey, Richmond Mayor David Snow and New Castle Mayor Greg York. Other participants include...

  • (Image courtesy of Trader's Point Creamery.)

    Trader's Point Creamery 'Bringing Our Brand Back Home'

    Zionsville-based Trader's Point Creamery says it is dialing back its nationwide distribution footprint. In an open letter to its customers, the organic dairy farm says "over time, we have felt the tug back towards the place and production scale that fueled our vision in the early days." It is renewing its focus, the letter says, on being an Indiana and Midwest brand. To maintain a more personal connection with its customers through...

  • (Image courtesy of Aardvark Straws.)

    Aardvark Betting Big on Paper Straws

    Fort Wayne-based Aardvark Straws says skyrocketing global demand for paper straws is driving its new parent company to announce a more than $9 million investment into a new production facility in Allen County. The move will include more than 200 additional jobs by the end of 2021. Wisconsin-based Hoffmaster Group Inc., which produces disposable paper tableware, says the expansion will allow it to ramp up paper straw making capacity 700 percent by the end of next year.

  • Jeff Quyle is president and chief executive officer of Radius Indiana.

    Radius Returns From First Mission to Japan

    Radius Indiana, an eight-county economic development organization, says its first trade mission to Japan yielded meetings with more than a dozen companies. Chief Executive Officer Jeff Quyle, who traveled with 10 other leaders from throughout the region, says the nine-day trip also involved educational outreach opportunities. Quyle added...

  • (Image courtesy of the South Central Indiana REMC.)

    Hoosier Rural Electric Co-ops Land $161M in USDA Loans

    Two power cooperatives in Indiana will receive tens of millions of dollars in loans through a U.S. Department of Agriculture program. South Central Indiana REMC & SCI Security LLC in Martinsville has been awarded $100 million in funding and the Linden-based Tipmont REMC $61 million for infrastructure projects designed to boost reliability and resilience of electricity delivery. SCI REMC's investment plans call for...

  • The location in Dearborn County could serve as the state's fourth port. (Image courtesy of the Ports of Indiana)

    Indiana Extends Potential Fourth Port Purchase Agreement

    The Ports of Indiana has extended a land purchase option agreement for a site that could potentially house the state's fourth port. The state says the extension through June 30 gives the seller, Tanners Creek Development LLC, more time to finalize environmental work plans for the land. The option was initially set to expire at the end of the year. The Ports of Indiana entered into the original agreement last year for the option to purchase up to 725 acres of land that was the site of...

  • Lime Scooters Launch in South Bend

    Electronic rental scooters, which have sparked curiosity and sometimes controversy in several cities throughout the country like Indianapolis, are coming to South Bend. California-based Lime has received approval to operate in the St. Joseph County city. Around 250 scooters will be available. The two-wheeled transportation options are not permitted on the campuses of the University of Notre Dame, Holy Cross College or St. Mary's College. Lime-S model scooters will cost...

  • (Image courtesy of Scout Energy.)

    Construction on $150M Wind Farm Gets Greenlight

    A $150 million wind energy development is moving forward in east central Indiana. The 130 megawatt Bitter Ridge Wind Farm in Jay County is a project of Colorado-based Scout Clean Energy. Plans call for up to 59 wind turbines to be installed throughout 12,000 acres. The project has been approved for 10-year tax abatement and will now move on to final design, procurement and construction phases. Chief Executive Officer Michael Rucker says...

  • (Image courtesy of FreightRover.)

    FreightRover Ramping Up Expansion

    FreightRover LLC has detailed expansion plans at its downtown Indianapolis headquarters. The supply chain management and payment technology provider says it will add 120 jobs by 2020 and invest over $1 million into office renovations. FreightRover says it has already brought on 30 employees and expects to hire 60 by the end of next year at average salaries higher than the Marion County average. Chief Executive Officer Eric Meek says...

  • (Image courtesy of Rose-Hulman Institute of Technology.)

    Rose-Hulman Announces President's Departure

    Rose-Hulman Institute of Technology has announced the resignation of President Jim Conwell. Senior Vice President Rob Coons will serve as acting president. In 2013, Conwell became the 15th president of the institution. A news release from Rose-Hulman says the decision was mutual, citing "board concerns and President Conwell's need to focus on a family health issue that is requiring more of his time and attention." The board of trustees is scheduled to meet...

  • (Image courtesy of Quarion Technology Inc.)

    Forklift-Tracking Tech Wins Innovation Showcase

    An Evansville-based business is the winner of top prize at the recent Innovation Showcase in Indianapolis. Quarion Technology Inc. develops tracking and control technology for forklift equipment and President Eric Pryor says the $10,000 in winnings will help the three-year-old startup boost its reach through increased marketing and sales efforts. The technology, Quarion says, can help...

  • (Graphic provided by AAA Hoosier Motor Club current as of November 7, 2018)

    AAA: Indiana Gas Prices Falling

    AAA Hoosier Motor Club says gas prices in the state are the lowest they've been since April. The nonprofit is reporting regular unleaded gas is averaging $2.59 per gallon, a $.30 dip since last month. AAA says the price throughout the country has gone down over the last month to $2.75 on average. Last year at this time, prices in Indiana averaged around $2.75 per gallon. AAA Hoosier Motor Club Public Affairs Manager Greg Seiter says...

  • (Rendering courtesy of Infosys.)

    Commission to Consider Global Investment Plans

    The Metropolitan Development Commission of Marion County will Wednesday hear from two companies on major economic development proposals. The commission is slated to consider approving the sale of 140 acres where the Indianapolis International Airport once stood to India-based Infosys (NYSE: INFY) for its massive work, live, play campus. Additionally, Switzerland-based dormakaba will request tax abatement on plans involving 165 new jobs. Infosys intends to initially invest...

  • (Image courtesy of Kimball International.)

    Kimball International Pleased With Q3 Sales

    Jasper-based Kimball International Inc. (Nasdaq: KBAL) says the highest quarterly sales total in more than 15 years was not enough to drive increased profit. The manufacturer is reporting third quarter net income of $10.9 million, compared to $11 million. Without one-time charges related to the retirement of former Chief Executive Officer Bob Schneider, the company says profit would have increased six percent. Current CEO Kristie Juster says the company experienced...

  • (Image courtesy of Ivy Tech Community College.)

    Dozens of Employers to Attend Fort Wayne Job Fair

    Nearly 70 employers are expected to attend a jobs event Wednesday in northeast Indiana. Ivy Tech Community College Fort Wayne is hosting the 2018 Fall Career Fair, which is open to the public and will feature opportunities to talk with companies in fields including heath care, manufacturing and nonprofit. In addition to meeting with employers, Ivy Tech says the event will include free professional headshots for jobseekers to use on LinkedIn profiles. Employers expected to be in...

  • (Rendering courtesy of RTM Ventures.)

    Electric Works Secures Final Public Funding Piece

    The Capital Improvement Board of Directors in Allen County has unanimously approved $45 million in funding for Electric Works, the massive redevelopment of Fort Wayne's former General Electric campus. The funding is the largest public piece of a $62 million package pledged to RTM Ventures, the joint venture leading the project. Partner Josh Parker said the approval clears the way for construction preparations.

  • Merger-Related Charges Affect Vectren Earnings

    Evansville-based Vectren Corp. (NYSE: VVC) says charges related to its pending $6 billion merger with Texas-based CenterPoint Energy Inc. (NYSE: CNP) drove down profits in the third quarter. The utility is reporting net income of $50.4 million, compared to $61.9 million during the same quarter last year. Vectren says merger-related expenses totaled $11.1 million in the third quarter and the transaction is still targeted to close no later than the first quarter of next year.

  • (image courtesy of Lowe's)

    Portage Store Part of Large Slate of Lowe's Closings

    A northwest Indiana store is one of more than 50 in the U.S. and Canada North Carolina-based Lowe's Companies Inc. (NYSE: LOW) says are set to close by the end of January. The home improvement retailer says the location in Portage is among the underperforming stores it is cutting to strengthen the more than 2,300 remaining stores in its portfolio. The company will hold closing sales at each store and it says most U.S. associates affected by the closings will...

  • Retiring Subaru Executive Receives Prestigious Awards

    Subaru of Indiana Automotive's Tom Easterday has been presented with distinguished awards from the City of Lafayette and State of Indiana. Easterday is retiring after 30 years at Subaru and was selected by Governor Eric Holcomb to receive the Sagamore of the Wabash and also was awarded with the Marquis de Lafayette by Lafayette Mayor Tony Roswarski. "I'm equally honored and humbled by this recognition," said Easterday. "I've truly been blessed to have the opp...
  • (Rendering of shell building supplied by Kosciusko County EDC.)

    Warsaw Tech Park to Grow, Shell Building in The Works

    Officials connected to one of the state's 23 Certified Technology Parks have detailed an expansion. Plans at the Warsaw Tech Park call for over 50 additional acres -- more than double the current footprint -- and a new shell building. Both are set to open next year in the Kosciusko County city and feature easy access to U.S. 30. The shovel-ready property includes multiple lot sizes, off-site water retention and underground utilities. Warsaw Mayor Joe Thallemer says...

  • Former Plant Manager to Direct JCDC

    The Jay County Development Corp. has named Travis Richards executive director. Richards previously served as plant manager for Ohio-based Fort Recovery Industries Inc.'s casting plant in Portland. "I am excited about this new chapter for both the Jay County Development Corp. and myself. The board and I share a commitment to our community that, coupled with the new strategic plan, will allow us to positively impact growth and development in the country," Richards said...

  • Rodriguez discussed efforts to land more nonstop flights on Inside INdiana Business With Gerry Dick.

    Mexico City Among Nonstop Targets as Airport Looks Forward

    As Indianapolis International Airport marks the tenth anniversary of its new terminal, officials are touting a facility that has exceeded expectations.  “A great city and a great region deserves a great entrance and it has a great entrance with this airport,” said Airport Authority Executive Director Mario Rodriguez.  Rodriguez says the airport’s design and attention to customer service have enabled it to be named Best Airport in North America seven times.

  • (Image of Mayor Karen Freeman-Wilson courtesy of the city of Gary)

    Abandoned Apartments to Come Down in Gary

    A $3.2 million demolition project will begin Monday in Gary. The work involves tearing down the old Delaney and Concord housing projects in the Lake County city. The properties include a total of more than 250 vacant units. Funding for the work comes from a U.S. Department of Housing and Urban Development Capital Fund Emergency Safety and Security Grant that was awarded earlier this year. When the funding was announced, Mayor Karen Freeman-Wilson said...

  • (Image courtesy of the Northern Indiana Commuter Transportation District.)

    South Shore Line Double-Tracking Plans Progress

    Plans to double track the South Shore rail line have cleared a key regulatory step. The Federal Transit Administration has issued a Finding of No Significant Impact following review of the environmental assessment of the estimated $300 million project. The finding from the U.S. Department of Transportation agency means development can continue after final approval on what the Northern Indiana Commuter Transportation District calls...

  • Anderson 'Perfect Environment' For Italpollina Operation

    The head of an Italian agbiosciences company that has established its North American headquarters in Anderson calls Indiana "the perfect environment for business." During a ribbon cutting ceremony Friday on a former General Motors plant site, Italpollina Chief Executive Officer Luca Bonini said his company is already working on a second production phase that could open the door for exports from the Madison County operation. The company now has...

  • AM General manufactures Humvees for the U.S. military. (photo courtesy of AM General)

    AM General Invests in Illinois Company

    South Bend-based AM General LLC has announced an investment in Illinois-based artillery solutions company Mandus Group. Terms of the investment are not being disclosed, however a spokesperson for AM General says the company now has an ownership stake in Mandus Group.

  • IN3 Sees Big Defense Industry Upside

    The chief executive officer of the Indiana Innovation Institute says his organization is an "enabler" for economic growth that can help the state tap into lucrative opportunities with the U.S. Department of Defense. General Gene Renuart, who retired from the U.S. Air Force as commander of the North American Aerospace Defense Command in Colorado, says billions of dollars of potential federal defense contracts for the private and public sectors are at stake and...

  • Kellogg's closed the plant in 2017. (photo courtesy WTHI-TV)

    Illinois Company Confirms Kellogg's Plant Acquisition

    Illinois-based Hearthside Food Solutions has confirmed its acquisition of the former Kellogg’s plant in Seelyville. The company did not disclose the purchase price for the facility, and says specific plans for the plant will be finalized after the approval of a local property tax abatement from the Seelyville Town Council.

  • (Image courtesy of The Times of Northwest Indiana.)

    Interim Study Committee Likes Gary Redevelopment Plans

    An interim study committee at the Statehouse is recommending the city of Gary continue to pursue an ambitious logistics industry development. The proposal involves an intermodal hub and lakefront port in Buffington Harbor and calls for the Majestic Star Casinos and hotel to be relocated inland near I-94. Mayor Karen Freeman-Wilson says "this development is a great opportunity for industrial development in the Buffington Harbor area because of..."

  • (photo courtesy of LIFT)

    MakerMinded Launches in Indiana

    Michigan-based Lightweight Innovations for Tomorrow is bringing its MakerMinded program to Indiana. The organization is partnering with the Indiana Manufacturing Competitiveness Center to launch the program, which it says will "expand students' and schools' access to world-class advanced manufacturing and STEM learning experiences through a digital platform and student competition."

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

    Cummins Touts Record Quarterly Revenues

    Columbus-based Cummins Inc. (NYSE: CMI) Chief Executive Officer Tim Linebarger says rising demand in a number of key markets drove record quarterly revenues. The company is also reporting third quarter net income of $692 million, compared to $453 million during the same period a year ago. Cummins is maintaining its previous earnings projections of full-year earnings in the range of 15 to 17 percent. Earnings before interest, taxes, depreciation and amortization jumped more than...

  • (Image courtesy of DS Smith Plc)

    UK Manufacturer Investing $100M in Lebanon

    A United Kingdom-based packaging manufacturer has more than $100 million plans in Lebanon. The Lebanon City Council has approved tax incentives for DS Smith Plc for a $106 million facility in the Lebanon Business Park, which the company says will result in 140 new jobs. The Lebanon City Council this week approved a seven-year, $5.1 million tax abatement.

  • (Image courtesy of the Indiana National Guard.)

    New Network Showcases Wabash Valley Defense Opportunities

    The Terre Haute Chamber of Commerce is making a push to capitalize on defense industry assets and opportunities in the region. The organization has launched the West Central Indiana Defense Network, as task force that will focus on talent attraction and economic development. In an interview with Inside INdiana Business, Chamber Vice President Kristin Craig discussed what she says are military, industrial, educational and land advantages throughout the Wabash Valley. She said...

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

    Manufacturer Expansion Gains Boost From State

    A planned $80 million expansion in Mount Vernon by a subsidiary of Virginia-based BWX Technologies Inc. (NYSE: BWXT) is getting a boost. The Indiana Economic Development Corp. is offering tax incentives for the project, which is expected to create up to 67 jobs. 

  • Kellogg's closed the plant in 2017. (photo courtesy WTHI-TV)

    New Owner For Former Kellogg's Plant

    The former Kellogg's plant in Seelyville is under new ownership. Vigo County property records show the facility, which closed in 2017, was sold to Illinois-based Hearthside Food Solutions LLC on October 10, though financial details were not available.

  • (Image courtesy of Cummins Inc.)

    Cummins, BIC Teaming Up

    As Columbus-based Cummins Inc. (NYSE: CMI) continues to boost its emphasis on electrified power, the global manufacturer is partnering with the Battery Innovation Center at the WestGate @ Crane Technology Park. The collaboration involves workforce training as well as testing and validation services for Cummins technology. Over 1,000 Cummins employees are currently working toward completing BIC courses that include advanced energy storage technology topics, chemistry and safety.

  • (photo courtesy of our partners at WTHI-TV)

    Alorica Closing Terre Haute Call Center

    A call center in Terre Haute is closing. California-based Alorica Inc. says 195 workers will lose their jobs as a result. The last day of operations is expected to be December 29. The company has a presence in North America, Latin America and the Caribbean, Asia and Europe. 

  • Holcomb Talks Talent Connections

    Governor Eric Holcomb is using a national gathering in Washington D.C. to tout the state's ongoing work to connect 16-to-24 year-olds with skills they need to find work after graduation. Holcomb, who serves as chair of the Jobs for America's Graduates board of directors, is the featured speaker at the organization's 2018 National Thought Leader event. He says Indiana currently has about 85,000 unfilled jobs, a figure he believes might actually be a low estimate. 

  • (Image courtesy of Lilly)

    Lilly Details Collaboration That Could Grow Exponentially

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced a $100 million global licensing and research collaboration. The company will partner with Massachusetts-based Dicerna Pharmaceuticals Inc. (Nasdaq: DRNA) on potential cardio-metabolic disease, neurodegeneration and pain treatments. The deal also involves a $100 million equity investment from Lilly. More than 10 targets are expected to be involved. Lilly says Dicerna could receive...

  • Sky's The Limit For River Ridge

    As the River Ridge Commerce Center in southeast Indiana nears a decade of redevelopment work, the sprawling development is closing in on a major milestone: 10,000 employees. The former U.S. Army ammunition depot covers more than 6,000 acres along the Ohio River in Jeffersonville and Charlestown and is home to a diverse mix of more than 50 companies, including Amazon.com Inc. (Nasdaq: AMZN). But Executive Director Jerry Acy, who notes that only about 20 percent of the property is...

  • (Image Courtesy of the Century Center)

    South Bend Scores $1M in 'Mayors Challenge'

    South Bend is one of nine cities to win $1 million in a competition designed to help recipients "confront the toughest problems faced by cities today." The Bloomberg Philanthropies U.S. Mayors Challenge is a year-long initiative that involves accelerator workshops, coaching and creative problem solving to develop solutions with breakthrough potential. The funding for South Bend will help it tackle issues like...

  • Patrick Industries Profit Climbs

    Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) says net income in the third quarter jumped more than 50 percent, driven in large part by a boost in sales for the manufacturer's largest segment: recreational vehicles. The company has completed eight acquisitions this year and says net sales were up by more than 40 percent. Patrick is reporting a third quarter net income of $27.9 million, compared to $17.9 million during the same period in 2017. Sales came in at...

  • (Image courtesy of Rose-Hulman Institute of Technology.)

    High-Profile Billboard to Receive Some TLC

    An iconic sign in Terre Haute is getting a makeover. A 44-foot billboard along U.S. 40 that promotes the city as the home of Clabber Girl Baking Powder is considered one of the first electric-powered billboards in the country and work is now underway by Rose-Hulman Institute of Technology and Clabber Girl Corp. to restore the more than 80-year-old landmark. Initial work, which involves trimming overgrowth around the sign, is set to begin soon. The full scope of the project includes...

  • IMA Holds Hall of Fame Inductions

    The 2018 members of the Indiana Manufacturers Association Manufacturers Hall of Fame were inducted during a luncheon this week in Indianapolis.  IMA President and Chief Executive Officer Brian Burton says the IMA Manufacturers Hall of Fame recognizes positive achievements of Hoosier companies.  "Indiana is the most manufacturing-intensive state in the country, and the largest industry sector in our state. Manufacturing is the number-one wage payer and employer of ...

  • (Image of founder and Chief Executive Officer Allyson Straka courtesy of Frozen Garden.)

    Frozen Garden's Presence Grows

    A northwest Indiana company that makes frozen smoothies is planning continued growth in the coming year. Chesterton-based Frozen Garden, which sells its smoothies in Strack and Van Til locations in Indiana, as well as stores in Illinois, Michigan, Ohio, Pennsylvania and Wisconsin. The company launched in 2015 with three employees and it expects to grow to 10-12 in 2019. Chief Executive Officer Allyson Straka says production and sales have tripled over the last year and...

  • New CEO For Vertellus

    Indianapolis-based chemical manufacturer Vertellus has named John Van Hulle its new chief executive officer. Van Hulle previously served as president of global color and additives for Ohio-based PolyOne and CEO of Wisconsin-based chemical supplier ChemDesign.

  • Program Offers Rehab to Workers Who Fail Drug Test

    As opioid addiction issues continue to ravage Hoosier communities and the workforce, a global manufacturer with multiple Indiana locations is offering rehabilitation assistance for potential employees who fail pre-hiring drug screenings. Belden, which has had a longtime presence in Richmond, has launched Pathways to Employment in response to a tripling of drug test failures and an ongoing need for talent. VP of HR Leah Tate says more than two-thirds of participants are still with it.

  • Poly-Wood's North Carolina campus (photo courtesy of Poly-Wood)

    Poly-Wood Expanding in North Carolina

    A manufacturer in Kosciusko County has announced plans to expand its operations in North Carolina. While financial details are not being disclosed, Syracuse-based Poly-Wood LLC says its new manufacturing and distribution center in Roxboro will create nearly 385 jobs over the next five years.  The company says the facility will allow easier shipment of its products to customers along the east coast. The building, on which renovations have already begun, is...

  • (photo courtesy of Kimball International)

    Kimball International Names New CEO

    Jasper-based Kimball International Inc. (Nasdaq: KBAL) has selected Kristie Juster as its next chief executive officer. Juster, who has served on the company's board of directors since 2016, succeeds Bob Schneider, who announced his retirement earlier this year.  Juster will begin her new role next month. She previously served as the president and CEO of the Global Writing Division of New Jersey-based Newell Brands Inc. (NYSE: NWL).

  • Manufacturing Survey: 'Industry 4.0' Taking Over

    A co-author of the 2018 Indiana Manufacturing Survey says the results show the industry's health is "in the best shape ever." Indiana University Kelley School of Business Associate Professor of Operations Management Mark Frohlich says the Industry 4.0 -- a fourth generation of manufacturing that is more focused on technology and data -- is in full force throughout the state.

  • (Image courtesy of INTAT Precision Inc.)

    INTAT Marking Three Decades in Rushville

    Rush County's largest manufacturer is celebrating 30 years in business. INTAT Precision Inc., which currently has more than 500 workers, has invested some $125 million into its Rushville operations since 1988. The Rush County Economic & Community Development Corp. says it opened with around 150 employees and has expanded seven times. The most recent expansion came this year with a new paint line. In 2016, it launched a $23 million die-quench operation and in a few years earlier...

  • (Image courtesy of AM General)

    AM General Awarded $210M in Military Contracts

    South Bend-based AM General LLC has received two major military contracts from the U.S. Army. The company will receive a total of $210 million for the production of 740 Humvees for the Army National Guard, as well as systems technical support for the vehicles.

  • Shirt Factory-Turned-Assisted Living Home to Open

    A new assisted living facility will officially open Wednesday in a unique location in New Albany. Mansion on Main is the result of a $15 million revamp of a former shirt factory. Production at the 1920s-era M. Fine & Sons Building ended more than 40 years ago. The new development is slated to employ nearly 70. Vitality Senior Services is operating the facility, which will include in-room emergency response, transportation and concierge services, as well as...

  • (photo courtesy of the Marshall County EDC)

    Manufacturer Expanding in Plymouth

    A manufacturer of food and medical grade flexible packaging is growing its Marshall County operations. Bomarko Inc. plans to invest $5 million to expand its facility in Plymouth and add 20 jobs. 

  • (Image courtesy of Mead Johnson Nutrition)

    $25M Investment to Add Jobs, Capacity at Mead Johnson

    The Mead Johnson Nutrition facility in Evansville will be expanding with a $25 million investment from its parent, United Kingdom-based Reckitt Benckiser Group PLC. RB acquired Mead Johnson a year ago and plans to add 95 southwest Indiana jobs over the next five years. The investment, the company says, will boost capacity at the 44-acre, more than 100 year-old property. RB Health Senior Vice President of Research and Development Steve Braun says...

  • Bags From Train Seats Put PUP in National Marketplace

    An Indianapolis-based nonprofit that creates wallets, handbags and backpacks from reclaimed materials is launching a nationally-focused line of products for the first time. People for Urban Progress, which sells hand-made items from materials including the fabric from the old Hoosier Dome and signage from when Indianapolis hosted the Super Bowl, is repurposing leather from the seats in Amtrak's Boston to Washington D.C. Acela Express trains. The new line includes...

  • RV Manufacturer Supporting Renovations at Decatur Park

    An employer in Adams County has announced a $250,000 donation to revamp a local park. As a result, the sports complex at Hanna Nuttman Park will be renamed in honor of Wisconsin-based REV Group Inc. A fundraising campaign continues to cover redevelopment of the more than 85-year-old park. It was the previous home to Little League baseball, but fundraising organizers say conditions at the park have deteriorated to the point where it is no longer played there.

  • Kimball is a subsidiary of Kimball International.

    Kimball to Acquire David Edward

    A subsidiary of Jasper-based Kimball International Inc. (Nasdaq: KBAL) has announced plans to acquire Maryland-based contract furniture manufacturer David Edward. Financial terms are not being disclosed, however Kimball expects the deal to close within the next 30 days.

  • The GE Aviation Lafayette Engine operation opened in 2015.

    GE Aviation Plant Leader Updates Progress

    Three years after opening, the GE Aviation Lafayette Engine Facility is realizing some of its lofty ambitions. During an interview on a special Greater Lafayette town hall edition of Inside INdiana Business with Gerry Dick, new Plant Leader Renato Vidal says nearly 200 will be employed at the plant by the end of the year. The company expected to add 200 jobs by 2020 when ground on the $110 million operation was broken in 2014.

  • The purchase price includes $93 million in cash and the assumption of $41 million in debt.

    Steel Dynamics Hits Record Profit

    Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) is reporting record third quarter net income of $398 million, up from $153 million during the same period last year. Chief Executive Officer Mark Millett says the results are due to record steel shipments and improvement in the average steel selling price.

  • (photo courtesy of JD Norman Industries)

    JD Norman Details Muncie Closure

    Illinois-based JD Norman Industries Inc. is providing more details on the recently-announced closure of its manufacturing facility in Muncie. The company says the closure, affected 130 jobs, will result in all production being moved to its facility in Leslie, Michigan.

  • (Graphic provided by the Northeast Indiana Passenger Rail Association.)

    Meetings to Focus on Proposed Rail Corridor

    A slate of public meetings next week will focus on recent efforts and remaining steps to secure funding for a proposed passenger rail line running between Chicago, Fort Wayne and Columbus, Ohio. The first will be in Lima, Ohio, while the latter three will be in Indiana -- Fort Wayne, Warsaw and Valparaiso. Organized by the Northern Indiana Passenger Rail Association, the meetings will include presentations from Missouri-based consultant HNTB Corp. The firm has been hired to...

  • (rendering courtesy RTM Ventures)

    Council Gives Preliminary OK For Key Electric Works Funds

    The high-profile Electric Works project is moving forward following three key votes by the Fort Wayne City Council. Proposals involving $10 million in Legacy funding, $3.5 million in local income tax funding and $3.5 million in tax deductions for development partners RTM Ventures received preliminary approval Tuesday. The city previously announced it planned to allocate a total of $62 million toward the project that is expected to involve $440 million. The bulk of the city's funding...

  • (Image courtesy of Harris Corp.)

    Mega-Merger Involves Fort Wayne Operation

    A defense industry contractor with a significant 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...

  • Rolls-Royce in Indy Selected For $100M Contract

    The U.S. Department of Defense has awarded a contract worth up to $100 million to Rolls-Royce Corp. in Indianapolis. The contract is related to Phase I of the Advanced Turbine Technologies for Affordable Mission-Capability program for the U.S. Air Force.

  • (Image courtesy of Continental Diamond Tool.)

    Manufacturer Plans Expansion in Allen County

    New Haven-based Continental Diamond Tool Corp. says it is already outgrowing its new facility. The Journal Gazette in Fort Wayne reports the manufacturer is seeking tax abatement on a $5.5 million investment that could add around 150 jobs. CDT moved into the current facility last year and says the expansion would include 15,000 more square-feet onto its operation.

  • (Image of leadership team courtesy of Anvl.)

    High Alpha Spawns Tenth Tech Startup

    The first company has launched from Indianapolis-based High Alpha since the venture studio received a $100 million infusion in July, and the tenth overall. Anvl develops software designed to reduce and prevent maintenance service industry injuries. The company is led by Hoosier tech scene veteran Robin Fleming, who previously served as vice president of technology for Angie's List before its acquisition by New York-based IAC (Nasdaq: IAC). Anvl was born out of a first-of-its-kind...

  • (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.

  • Manufacturing & Logistics Video

    • Carvana Aims to Boost Greenfield Economy

      The associate director of communications for Arizona-based Carvana Co. (NYSE: CVNA) says the company's new vehicle inspection facility in Greenfield will be a boon for the local economy. The online auto retailer opened the 130,000-square-foot facility Tuesday. Amy O'Hara says they already have about 100 employees and when the facility comes to full capacity, it will employ some 500 workers.

    • Cummins, IMS Partner For Centennial

      Columbus-based Cummins Inc. has announced a partnership with the Indianapolis Motor Speedway. The five-year collaboration will feature an increased presence for Cummins at the famed oval track, including a pre-race parade lap at this year's Indianapolis 500 featuring all five of Cummins' historic race cars together for the first time. 

  • Perspectives: Manufacturing & Logistics

    • Businesses Rely on General Aviation

      The business community in Dubois County is dominated by a niche industry: furniture. Some of the county’s largest employers are furniture manufacturers, like Best Home Furnishings, Masterbrand Cabinets, Kimball International, and my business, OFS. Though our businesses have locations across the country, we all take advantage of Indiana’s manufacturing tradition. By basing large plants in smaller towns like Huntingburg, Jasper and Ferdinand, we promote economic development...

  • Most Popular Stories

    • The Vogue opened as a movie house in 1938, then reopened as a nightclub in 1977. (Picture Courtesy: The Vogue)

      Tech Vets Purchase Popular Indy Nightclub

      A group of Indianapolis tech entrepreneurs has bought a popular nightclub in the city's Broad Ripple neighborhood. High Alpha co-founder Eric Tobias and former MOBI executives Scott Kraege and Andrew Davis say they will retain the Vogue's current staff to manage the venue's day-to-day operations. The new owners say they will detail plans to reinvigorate the Vogue through enhanced fan experience and engagement in the coming months. Tobias, Kraege and Davis purchased the Vogue...

    • (photo courtesy WorkOne Northwest Indiana)

      Job Fair Set For Michigan City

      Officials in LaPorte County will Thursday host the fourth annual Michigan City Community Job Fair. More than 60 employers, universities, training providers, skilled trades and community organizations will be on hand to discuss job opportunities and career paths.

    • Chinese Company Adding Hundreds of Indiana Jobs

      A Chinese automotive brake and suspension system manufacturer has announced plans to set up its first U.S. production facility inside Progress Park in Greenfield. BeijingWest Industries Co. Ltd., whose customers include Audi, BMW, General Motors and Porsche, will invest more than $80 million to build the 276,000 square-foot plant, creating up to 441 high-wage jobs by 2021. Greg Dronen, global facilities director for BWI, tells Inside INdiana Business the company plans to...

    • The Vogue opened as a movie house in 1938, then reopened as a nightclub in 1977. (Picture Courtesy: The Vogue)

      New Vogue Owners Plan Enhancements For 'Historic' Venue

      The new owners of the Vogue in Indianapolis say the venue combines their passions inside and outside of their roles as tech entrepreneurs. High Alpha co-founder Eric Tobias and former MOBI executives Scott Kraege and Andrew Davis say they are hoping to increase the frequency and variety of events at the Broad Ripple venue while enhancing the experience for artists and patrons. During an interview with Inside INdiana Business, Tobias said he and is partners are also investing in...

    • During construction, traffic will be diverted.

      Angola Runs for Spot on 'Best Historic Small Town' List

      Angola is representing the Hoosier state as a nominee for Best Historic Small Town for USA Today’s 10Best Reader’s Choice Travel Awards. The town is being featured for its Civil War monument and historic movie house.