• (photo courtesy of DOT America)

    DOT America Growing in Whitley County

    Columbia City-based DOT America Inc. has announced plans to further expand its Whitley County operations. The Whitley County Economic Development Corp. says the medical coating technology provider plans to add 10 jobs at its facility in the Blue River Industrial Park by 2021.

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

    Purchase Agreement for Fourth Port Extended Again

    A purchase agreement for a site near Lawrenceburg that could potentially serve as the state's fourth port has been extended once again. The Ports of Indiana originally signed the agreement in September 2017 to acquire up to 725 acres of land that formerly housed the American Electric Power plant. The option to decide whether to purchase the land was extended in November and set to expire June 30. Governor Eric Holcomb's office says the option has again been extended...

  • (file photo courtesy of Radial)

    Radial Opens Fulfillment Center in Brownsburg

    Pennsylvania-based Radial Inc. says its new fulfillment center in Brownsburg is now open. The e-commerce technology and operations company says the nearly 700,000-square-foot facility is the largest in its network and will have the capacity to house about 2,000 employees.

  • (rendering courtesy of Jones Development Co.)

    New Business Park Planned for Whiteland

    Missouri-based Jones Development Co. has begun construction on a new business park in Johnson County. The 2.4 million-square-foot Whiteland Exchange will be located on 167 acres near I-65 in Whiteland.  Financial terms of the developer's investment in the project were not disclosed. The business park is slated to include modern industrial buildings for logistics, advanced manufacturing and related uses. Work is underway on the first two speculative buildings, which total nearly...

  • Business Expanding in Plymouth

    Culver Tool and Engineering has announced a $3.7 million expansion with a new facility just north of its existing building in Plymouth. The spinal rod manufacturer plans to invest $2.2 million to renovate and expand the new building and also will invest $1.5 million to build and install machinery and equipment. The expansion will create 10 new jobs, to add to the 180 existing employees. 

  • Enbi was acquired by Watermill Group in April. (photo courtesy of Enbi Group)

    Enbi Group Acquires New York Company

    Shelbyville-based Enbi Group has acquired an industrial roller manufacturer in New York. Financial terms of the deal for Pierce Industries are not being disclosed, however Enbi says the acquisition will expand its capabilities and positions the combined company for strategic growth.

  • Foppers CEO Michelle Leffert (left) and Executive Director of National Sales Emily Gillam

    Logansport Company Selected in Walmart Open Call

    A Logansport-based dog treat manufacturer is one of several companies chosen to have their products sold on Walmart shelves. Foppers Pet Treat Bakery took part in Walmart's annual Open Call event, in which hundreds of small businesses and entrepreneurs pitched their products for the chance to sell them in stores. Foppers Chief Executive Officer Michelle Leffert says she was shocked to hear she was selected during the two-day event at Walmart's headquarters in Arkansas.

  • (photo courtesy of American Wire Rope & Sling)

    American Wire Rope & Sling Acquired

    Fort Wayne-based American Wire Rope & Sling is under new ownership. The company has been acquired by Bishop Lifting Products in Texas, though financial details of the deal were not disclosed. AWRS manufactures a variety of products for the rigging industry, according to its website.

  • (photo courtesy Dax Norton)

    PUMA to Open Distribution Center in Whitestown

    Massachusetts-based PUMA North America Inc. is planning to establish operations in Boone County. The company is looking to invest $40 million to lease and equip a more than 635,000-square-foot building in the Whitestown Business Park and create up to 90 jobs.

  • Blue Buffalo makes natural cat and dog food and treats, which are sold nationwide.

    Blue Buffalo to Open $200M Richmond Facility

    Connecticut-based Blue Buffalo Pet Products (Nasdaq: BUFF) will Monday hold a grand opening for its $200 million manufacturing facility in Richmond. The natural pet food producer plans to create up to 165 jobs in Wayne County. Governor Eric Holcomb and Richmond Mayor Dave Snow will join company executives Monday morning for the grand opening. The facility, which includes a research and development center, is Blue Buffalo's second in the United States. When the company announced...
  • (rendering courtesy of the IEDC)

    Allison Details $400M Expansion Plans

    Allison Transmission Holdins Inc. (NYSE: ALSN) today detailed expansion plans involving more than 300 new jobs through 2020. The company says it will invest more than $400 million over the next few years in projects including a new Vehicle Environmental Test facility and an Innovation Center in Indianapolis. As part of the announcement, Allison today broke ground on the Innovation Center, which is expected to open in 2021. The Innovation Center will feature virtual and physical...

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

    Allison Transmission Set For Expansion Announcement

    Indianapolis-based Allison Transmission Inc. (NYSE: ALSN) will Friday provide details on a planned expansion. Governor Eric Holcomb and Indianapolis Mayor Joe Hogsett will be on hand for the economic development announcement and groundbreaking at the company's headquarters.

  • (photo courtesy Louisville & Indiana Railroad)

    Jeffersonville Railyard Facility Officially Open

    A new railcar-transload facility in Jeffersonville is expected to expand the ability to distribute malted grain to Indiana and Kentucky distilleries and breweries. Louisville & Indiana Railroad and Vancouver, Washington-based Great Western Malting Company took months of planning for the 33-railcar facility located at LIRC's railyard.

  • (photo courtesy of Way Interglobal Network LLC)

    Elkhart RV Product Supplier Acquired

    Ohio-based Next Sparc LLC has acquired a majority interest recreational vehicle product manufacturer and supplier based in Elkhart. Financial details of the deal with Way Interglobal Network LLC were not disclosed.

  • Lippert is headquartered in Elkhart.

    Lippert to Acquire UK Company

    Elkhart-based Lippert Components Inc. has announced plans to add a United Kingdom-based marine equipment supplier to its portfolio. The company has made an initial cash offer of more than $42 million to acquire Lewmar Marine Ltd. as part of an agreement with Lewmar's board of directors.

  • Harrington Noodles is expanding their Plymouth production capacity (photo courtesy Harrington Noodles)

    Two Businesses Expanding in Plymouth

    Two companies have announced expansion plans in Plymouth. Hoosier Racing Tire Corp. plans a $2.8 million expansion and Harrington Noodles wants to invest $632,000 in a new facility.

  • NSWC Crane is located within Naval Support Activity Crane, one of the largest naval bases in the U.S.

    Indiana Could Lead Hypersonic Tech Future

    Indiana could play a key role in the future of hypersonic technology, according to the chief executive officer of the National Security Technology Accelerator. The North Carolina-based nonprofit has offices in Bloomington and is working with Naval Surface Warfare Center Crane on a program to work on the military priority, which includes weapons or supply vehicles that travels over five times the speed of sound. Tim Greeff says the organization's partnership with Crane can be an...

  • Thor Industries is headquartered in Elkhart.

    Thor Profit Drops in Fiscal Q3

    Elkhart-based Thor Industries Inc. (NYSE: THO) is reporting fiscal third quarter net income of $31.4 million, down from $180 million during the same period last year. Despite the drop, the recreational vehicle manufacturer says it hit record net sales of $2.5 billion for the quarter.

  • Raytheon, UTC Announce 'Merger of Equals'

    Raytheon Co. (NYSE: RTN), which has operations in Indianapolis and Fort Wayne and United Technologies Corp. (NYSE: UTX) are planning what they call a "merger of equals." The all-stock deal excludes Carrier and Otis, which are set to separate from United Technologies next year. The combined company, to be called Raytheon Technologies Corp., will be headquartered in Massachusetts. The companies say the combined operation will have about $74 billion in 2019 sales.

  • IWC plans to add 60 full-time Plymouth employees by the end of the year.

    Manufacturer Planning 100+ Plymouth Jobs

    A startup manufacturing company is planning to invest $23 million to establish operations in Marshall County. Indiana Wheel Corp., which is a joint venture led by China-based Jingu Company Ltd., says it will create up to 117 jobs in Plymouth over the next few years. The company will produce and distribute steel wheels, with production expected to start later this year. IWC plans to 60 full-time employees by the end of this year, including executives, skilled machinists and operations...
  • About 40 Hamilton Heights students are expected to participate in the program next fall.

    Hamilton Heights Earns Certified SEAL Program

    Hamilton Heights High School in Arcadia is now the first in the state to offer the State Earn and Learn program designed for the construction industry. The program is a partnership with industry and education to offer students the opportunity to earn credentials while participating in job training. Students also have regular interaction with construction and industry-related employers. 

  • The company will occupy a shell building in the Vanderburgh Industrial Park.

    Manufacturer Expanding to Evansville

    Elkhart-based EFP Corp. has announced plans to expand to southern Indiana. The Indiana Economic Development Corp. says the company, which specializes in the manufacturing and conversion of expanded foam protective packaging, will invest $2.1 million to lease a 100,000-square-foot building in the Vanderburgh Industrial Park and create up to 29 jobs by the end of 2021. EFP also plans to invest nearly $4.5 million in production equipment for the facility. The new location will be...

  • The recreational vehicle manufacturer is based in Elkhart.

    Thor Details Senior Leadership Changes

    Elkhart-based Thor Industries Inc. (NYSE: THO) has announced new senior management positions for its North American operations. The recreational vehicle manufacturer says the staffing moves are an "essential step" to its overarching strategy. Chief Executive Officer Bob Martin has named Matt Zimmerman and Chris Hermon to the newly-created roles of RV group managers. Zimmerman and Hermon, who previously served as CEO of Keystone RV Co. and president of Heartland RV Co...

  • Wynnchurch is acquiring the facilities from Allegheny Technologies Inc.

    Jay County Forging Plant to be Acquired

    Illinois-based private equity firm Wynnchurch Capital LLC has acquired two closed-die forging facilities, one of which is located in Jay County. The firm purchased the facilities in Portland and Lebanon, Kentucky from Pittsburgh-based Allegheny Technologies Inc. (NYSE: ATI), though financial terms of the deal were not disclosed.

  • (photo courtesy Cummins)

    Cummins, Isuzu Further Partnership

    Columbus-based Cummins Inc. (NYSE: CMI) and Isuzu Motors Ltd. have announced a new partnership agreement. The companies say the deal formalizes a business structure to bring new diesel and diesel-based powertrains to market.

  • The facility would be the third location near the Indianapolis International Airport for FedEx.

    FedEx Plans New Facility, Jobs in Indy

    FedEx Corp. (NYSE: FDX) is again looking to grow its presence near the Indianapolis International Airport. The company plans to invest $9 million to lease and equip a large portion of a newly-constructed speculative building in the AmeriPlex Indianapolis industrial park, which will be a new location for its FedEx Supply Chain Inc. division. According to documents filed with the city, FedEx has committed to adding 225 full-time jobs at the facility by 2021. FedEx Supply Chain...

  • GM CEO Mary Barra joined city and state leaders for this morning's announcement.

    GM Announces $24M Investment in Fort Wayne Truck Plant

    General Motors Co. (NYSE: GM) has detailed plans to invest $24 million into its Fort Wayne Assembly Plant to boost full size truck production. The automaker says sales of the Chevrolet Silverado 1500 and GMC Sierra 1500 crew cab pickups, which increased a combined 20 percent in the first quarter of 2019 over the previous year, is fueling the growth. GM says, including today's announcement, it has invested more than $1.2 billion in the plant since 2015. GM Chief Executive Officer Mary...

  • The plant makes GM's Chevrolet Silverado and GMC Sierra models.

    GM Set For Big Fort Wayne Plant Announcement

    General Motors Co. (NYSE: GM) Chief Executive Officer Mary Barra will this morning be at the automaker's Fort Wayne Assembly Plant for an announcement. Our partners at WPTA-TV in Fort Wayne report she is expected to make an investment announcement involving future operations at the Roanoke truck assembly facility. Few details are known about this morning's announcement, which will also involve GM Executive Vice President of Global Manufacturing Gerald Johnson and local leaders.

  • Polytek Completes Franklin Expansion

    Pennsylvania-based Polytek Development Corp. has completed an expansion of its production facility in Franklin. The company, which manufactures specialty polymers for mold making and casting applications, is not disclosing financial details of the expansion.

  • (photo courtesy of BNutty)

    Peanut Butter Producer Growing in NW Indiana

    A producer and distributor of artisanal peanut butter has opened its new production facility in northwest Indiana. The Indiana Economic Development Corp. says Portage-based BNutty is investing nearly $2 million to lease, renovate and equip the facility inside the AmeriPlex at the Port business park and create up to 100 jobs by 2021.  The company says it had outgrown its former 2,500-square-foot facility. The new, 16,000-square-foot production center will allow...

  • Conexus Honors Langham With Award

    Conexus Indiana has announced Langham Logistics President and Chief Executive Officer Cathy Langham is the recipient of the second annual Andre B. Lacy Vanguard award. The award honors leaders who benefit the advanced manufacturing and logistics industries, and model civic and philanthropic leadership. 

  • (photo courtesy of Magna Powertrain)

    Manufacturer Details Muncie Expansion

    Michigan-based Magna Powertrain of America has announced plans to expand its operations in Muncie. The Muncie-Delaware County Economic Development Alliance says the automotive parts and systems supplier will invest $9.3 million to add new equipment to its 200,000-square-foot MPT Muncie facility and create 50 full-time jobs. The company says the addition of the new equipment will support increased business. The installation of the equipment is expected to be complete by April 2020.

  • The company plans to add the new jobs next month.

    Aurora Casket Facility Adding Jobs

    Pittsburgh-based Matthews Aurora Funeral Solutions has announced plans to add nearly three dozen jobs at its Dearborn County casket facility. The company says the new jobs come as a new cremation casket product line is being added to the facility in Aurora.

  • NIBCO is headquartered in Elkhart. (photo courtesy of NIBCO)

    Companies Detail Closures, Layoffs

    Four companies have announced plans to lay off a total of nearly 300 employees. In separate notices filed with the state, the companies say the moves will affect workers in Indianapolis, Fort Wayne, Charlestown and Peru.

  • (photo courtesy of Aisin USA Manufacturing Inc.)

    Council Approves Seymour Projects

    Two companies in Seymour are planning expansion projects. The Seymour Tribune reports the city council has approved tax abatements for more than $47 million in investments from Aisin USA Manufacturing Inc. and The Andersons Inc.

  • (photo courtesy of Rolls Royce Corp.)

    Rolls Royce Awarded Military Contract

    The Naval Sea Systems Command has awarded a major contract to Rolls Royce Corp. The corporation's Indianapolis facility was awarded an $8.6M contract for 10 marine turbine installation parts kits for LCAC 100 Class craft. The kits consist of four engine intakes, two right hand and two left hand engine exhausts that will support the Ship-to-Shore Connector Program. 

  • Linebarger says the $33 million Columbus investment will initially mean about 75 new jobs.

    Linebarger: Tech, Innovation Fueling Cummins Growth

    Cummins Inc. (NYSE: CMI) Chief Executive Officer Tom Linebarger frequently refers to the Columbus-based engine maker as a technology company that happens to be in the manufacturing sector, and last week’s announcement of nearly $70 million in projects suggests that mantra will ring true for decades to come. A new $35 million digital and IT hub in Greenwood is a perfect example. It will bring together information technology, digital and engineering talent to focus on ways to...
  • LHP currently employs nearly 200 associates in Columbus and close to 500 worldwide.

    Engineering Company Adding Jobs in Columbus

    Columbus-based LHP Engineering Solutions says it will expand its Bartholomew County operations and add up to 135 jobs by 2023. The company, which provides engineering services for the automotive, aerospace and medical industries, says it will invest more than $1 million to upgrade its Columbus headquarters. LHP currently employs nearly 200 associates in Columbus and close to 500 worldwide. In addition to its Indiana headquarters, the company has operations in California...

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

    Hillenbrand Launches Workforce Initiative

    Batesville-based Hillenbrand Inc. (NYSE: HI) is launching what calls a first-of-its-kind workforce initiative. The manufacturer is partnering with its Germany-based subsidiary Coperion on the effort, which is designed to attract and retain talented employees on a global scale and help bridge the international gap in its workforce.

  • Cummins says the new $35 million office building will be along I-65 and County Line Road.

    Big Investments Coming Along 'Cummins Corridor'

    Columbus-based Cummins Inc. (NYSE: CMI) says it will invest nearly $70 million in its Columbus and Indianapolis operations as it celebrates 100 years in business. The company plans to pump $33 million into its Columbus Engine Plant to make it the center of its Electrified Power segment. At an event today at Indianapolis Motor Speedway, Cummins also announced plans to build a $35 million office building in Greenwood for about 500 digital and information technology employees...

  • Northpoint Business Park in Westfield is one of 6 sites chosen for the program in Indiana. (photo courtesy of NPwestfield.com)

    Duke Energy Chooses Sites for Readiness Program

    Duke Energy has chosen six Indiana communities to participate in its Site Readiness Program, which finds, evaluates and improves sites for potential industrial development.  Site development companies and an engineering company will assess the sites and make recommendations. Properties typically chosen for the program are at least 40 acres, served by the utility, or a vacant industrial building with at least 20,000 square feet. 

  • (Image courtesy of Cummins Inc.)

    Cummins to Make Expansion Announcement

    Columbus-based Cummins Inc. (NYSE: CMI) will Thursday provide details on big investment and expansion plans. The manufacturer says the next phase of the plans will take place on the "Cummins Corridor" along I-65 from Seymour to Whitestown.

  • (photo courtesy of ArcelorMittal)

    ArcelorMittal Investing $160M at Burns Harbor

    Luxembourg-based ArcelorMittal has announced plans to invest more than $160 million in its Burns Harbor steel mill. Our partners at The Times of Northwest Indiana report the steelmaker's investment will focus on several areas within the facility over the next several years.

  • Career Quest 2019

    Lippert Components Hosts Career Quest

    Northern Indiana middle school students found themselves immersed in finding a career pathway during Career Quest 2019 hosted by Lippert Components and Horizon Education Alliance. About 50 businesses were on hand to provide students a better understanding of several industries, including advanced manufacturing, construction and trade, healthcare and information technology. 

  • The Whitestown facility will produce graphic packaging, custom partitions, packaging supplies and more.

    Michigan Company Adding Jobs in Boone County

    Michigan-based Opus Packaging Group has announced plans to establish an operation in Whitestown. The packaging and supplies manufacturer says it will invest nearly $3 million in the Boone County operation and create up to 43 jobs by the end of 2022. Construction on the operation is underway and expected to be complete by July. Opus Packaging Group says the facility will allow it to boost production for clients in Indiana and throughout the Midwest. The company currently has...

  • (file photo courtesy of Ryder)

    Logistics Company to Cease Operations in Plainfield

    A subsidiary of Florida-based Ryder System Inc. (NYSE: R) says it will no longer operate its facility in Plainfield. In a noticed filed with the state, Ryder Integrated Logistics says more than 430 employees will be laid off as a result of the closure, though many will have the opportunity to transition to a new position. The company says it expects to cease operations at the facility on July 12, which is the same date the employees are expected to be let go. Ryder says the...

  • Schellinger was a guest on this weekend’s edition of Inside INdiana Business with Gerry Dick.

    Saab Jet Fighter Investment May Be Just the Beginning

    It is viewed as a major win for Indiana’s increasing effort to attract global investment in the aviation and aerospace sectors. But Saab’s plans to invest $37 million and add 300 jobs at a fighter jet plant in the Purdue Discovery Park District may be just the beginning of a far-reaching partnership. "It's not just going to be the fuselage down the road and the partnership with Boeing,” said Indiana Secretary of Commerce Jim Schellinger.

  • (photo courtesy of AMERICAN Flow Control)

    AMERICAN Flow Control to Open Crawfordsville Facility

    An Alabama-based company plans to open a new research and development facility in Crawfordsville. AMERICAN Flow Control, the valve and hydrant division of AMERICAN Cast Iron Pipe Company, will invest $9 million to build and equip the new facility for enhancing existing valve products and developing new products. The 30,000 square foot facility will be named the AMERICAN Flow Control Center for Innovative Excellence and will be built on 17 acres in the Crawfordsville Commerce Park.

  • (photo courtesy of WishBone Medical)

    WishBone Medical Acquires Plymouth Company

    Warsaw-based WishBone Medical has acquired a medical device manufacturer in Marshall County. Financial terms of the deal for Plymouth-based CSpine Inc. are not being disclosed, however a spokesperson for WishBone tells Inside INdiana Business no jobs will be affected.

  • CDT opened in the early 1970s in New Haven.

    Continental Diamond Tool to Add Jobs in Allen County

    Continental Diamond Tool, a global provider of superabrasive grinding wheels and custom tooling, says it will expand its operation in Allen County, adding up to 225 jobs over the next four years. The company says it will invest $5.5 million into the expansion, which will add to manufacturing and research and development labs at its current New Haven operation.  In a news release, Indiana Economic Development Corporation President Elaine Bedel said the expansion is an important...

  • Daniels: Saab Facility Will Have 'Enormous' Impact

    Purdue University President Mitch Daniels says today's announcement that Sweden-based Saab will establish a $37 million facility at the Discovery Park District will have a major impact on the university and state. The company plans to build an advanced manufacturing facility to be used for the production of part of the T-X jet trainer aircraft for the U.S. Air Force and create up to 300 jobs. In an interview with Inside INdiana Business Reporter Mary-Rachel Redman...

  • The company is based at The Center on the northwest side of Indianapolis.

    Indy Company Secures $9.5M in Funding

    Indianapolis-based Biosynthetic Technologies has completed a $9.5 million Series A round of funding. The company, which develops fluids used in lubricants, chemicals and cosmetics, received financing from HG Ventures in Indy.

  • Kimball Electronics Hits Record Earnings

    Jasper-based Kimball Electronics Inc. (Nasdaq: KE) is reporting record fiscal third quarter net income of $11.8 million, up from $10.8 million during the same period last year. The company also set quarterly records for net sales and operating income over the three-month span.

  • (photo courtesy of ArcelorMittal)

    ArcelorMittal Rebuilding Burns Harbor Coke Battery

    ArcelorMittal is looking to improve a key facility at its Burns Harbor steel mill. The Luxembourg-based steelmaker says it is investing nearly $20 million to rebuild the No. 2 coke battery, with the main area of concern being much-needed roof repairs.

  • (photo courtesy of Spot Freight)

    Spot Freight Adds to Downtown Indy HQ

    Spot Freight Inc. has completed an expansion of its downtown Indianapolis headquarters. The logistics company, which moved into the second floor of the former Jillian's building in 2016, has completed the renovation of the building's third floor, doubling the size of its previous office space. Spot Freight says it has invested more than $2 million between its two expansions over the past three years and plans to continue the growth of its Indiana footprint over the next five years.

  • (photo courtesy Cummins)

    Cummins Quarterly Profit Grows

    Columbus-based Cummins Inc. (NYSE: CMI) is reporting first quarter net income of $663 million, up from $325 million during the same period last year. The manufacturer also saw an 8 percent increase in quarterly revenue, driven largely by increased truck production in North America and stronger demand in global construction and North American power generation markets.

  • (photo courtesy of Tampico Grain)

    Incentives Approved For Crothersville Expansions

    The Jackson County Council has approved tax abatement for two companies planning expansions in Crothersville. The Seymour Tribune reports projects from Alabama-based Sims Bark Co. and Tampico Grain LLC total $9.6 million investment and will create more than 20 jobs.

  • Celadon is headquartered in Indianapolis. (photo courtesy of Celadon)

    Celadon Offloads Business Unit

    Indianapolis-based Celadon Group Inc. has sold the assets of its North American "container on flat car" intermodal operations to Bison Transport in Canada. Financial terms of the all-cash deal are not being disclosed. 

  • Celadon is headquartered in Indianapolis. (photo courtesy of Celadon)

    Celadon to Pay $42M For Securities Fraud

    Indianapolis-based Celadon Group Inc. has agreed to pay more than $42 million in restitution to the federal government. The U.S. Department of Justice says the company committed securities fraud by "filing materially false and misleading statements to investors and falsifying books, records, and accounts." Celadon entered into a deferred prosecution agreement in connection with the securities fraud charges. Court documents say a Celadon subsidiary, Quality Companies...

  • The facility began production in 1989.

    SIA Produces Four Millionth Vehicle

    Subaru of Indiana Automotive in Lafayette is celebrating a milestone. The auto manufacturing facility earlier this week produced the four millionth vehicle since the plant opened 30 years ago. The silver 2019 Subaru Outback rolled off the assembly line late Monday morning.

  • Eli Lilly and Co. is headquartered in Indianapolis.

    Lilly to Offload Chinese Drug Rights, Manufacturing Plant

    Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced plans to sell the rights in China for two of its antibiotic medicines, as well as a Chinese manufacturing facility. The deal with Eddingpharm is valued $375 million.

  • Photo of CCFF Headquarters courtesy of California Custom Fruits and Flavors

    Flavoring Company Coming to Greenwood, Adding Jobs

    California Fruit Flavoring Company Establishing Operations in Johnson County Los Angeles-based California Custom Fruits and Flavors Inc. has announced plans to establish its first Midwest manufacturing operations in Greenwood.  The food processing company says the new facility will create up to 24 full-time positions in Indiana by 2023. 

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

    Allison Makes Acquisitions, Reports Profit Growth

    Indianapolis-based Allison Transmission Holdings Inc. (NYSE: ALSN) is adding to its portfolio. The manufacturer has acquired London-based Vantage Power, as well as the electric vehicle systems division of AxleTech in Michigan. The acquisitions have a total cash value of $132 million. Allison says the deals align with the company's electrification strategy. Allison is also reporting first quarter net income of $167 million, up from $151 million during the same period last year.

  • U.S. Corrugated currently has operations in California, Georgia, Wisconsin, Tennessee, New Jersey and Tijuana.

    Packager Planning $75M Lebanon Plant

    The Lebanon City Council has approved an incentive package for Pennsylvania-based U.S. Corrugated Inc. to bring an operation to the Boone County city. The corrugated packaging producer plans to invest about $75 million in the project, which would include about 140 new jobs. The Boone County Economic Development Corp. says the new positions are expected to pay a more than $20 per hour average wage. A spokesperson for the organization says the seven-year personal property abatement...

  • GPC is a subsidiary of Kent Corp.

    Ag Manufacturer Begins Expansion

    Iowa-based Grain Processing Corp. has broken ground on an expansion project in Daviess County, which has been more than four years in the making. The company is investing $70 million to expand its Washington plant, which could create up to 20 jobs when complete.

  • (photo courtesy of RS2 Technologies)

    Munster Tech Company in Acquisition Deal

    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...

  • Manufacturing & Logistics Video

    • Cummins Expansion Plans

      Cummins is growing again and increasing its footprint in Indiana with a huge investment in three locations and adding jobs. CEO Tom Linebarger has details on the growing “Cummins Corridor” along I-65, from its global headquarters in Columbus to Greenwood and Indianapolis.

    • Spot Freight Expands HQ

      Indianapolis-based Spot Freight has completed another expansion of its downtown Indy headquarters. The logistics company, which moved into the former Jillian's building in 2016, has renovated the building's third floor to accommodate more than 150 new work stations and top of the line amenities. Spot’s office space isn’t the only part of the company that’s growing.

    More
  • 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...

    More
  • Most Popular Stories

    • Lilly Exec Named BioCrossroads CEO

      After a national search, BioCrossroads has announced Patty Martin will become the life science initiative's next president and chief executive officer. Martin, who most recently served as chief operating officer for Lilly Diabetes, will begin her new role Monday. She will become just the third CEO in the organization's 17-year history, and succeeds David Johnson, who in December announced plans to step down from the role to serve as president and CEO of the...

    • (file photo courtesy of Radial)

      Radial Opens Fulfillment Center in Brownsburg

      Pennsylvania-based Radial Inc. says its new fulfillment center in Brownsburg is now open. The e-commerce technology and operations company says the nearly 700,000-square-foot facility is the largest in its network and will have the capacity to house about 2,000 employees.

    • Holcomb will chair the 2019 conference, set for November 7 in Indianapolis.

      Janet Holcomb to Chair Conference For Women

      Indiana First Lady Janet Holcomb will serve as chair for this year's Indiana Conference for Women. Nearly 2,000 people are expected to attend the ninth annual conference, in Indianapolis in November. Holcomb's career includes a stint as vice president of her family's bolt and fastener manufacturing business, R&R Engineering. She has also led fundraising efforts for political campaigns as well as nonprofit organizations focusing in areas including animal welfare, arts and...

    • (rendering courtesy of Jones Development Co.)

      New Business Park Planned for Whiteland

      Missouri-based Jones Development Co. has begun construction on a new business park in Johnson County. The 2.4 million-square-foot Whiteland Exchange will be located on 167 acres near I-65 in Whiteland.  Financial terms of the developer's investment in the project were not disclosed. The business park is slated to include modern industrial buildings for logistics, advanced manufacturing and related uses. Work is underway on the first two speculative buildings, which total nearly...

    • Franciscan Health Details Data Breach

      Mishawaka-based Franciscan Health is providing details of a data breach. The health system says an internal investigation found one of its employees accessed the protected health information of about 2,200 patients "without a business reason."  Franciscan says the vast majority of the affected medical records was limited to demographic information such as name, address, email address, date of birth, phone number, gender, race/ethnicity, the last four digits of...