UPDATE: Manufacturer relocating production to Mexico

New Hampshire-based Proterial Cable America Inc. is providing more information on its decision to lay off 109 employees in New Albany. The manufacturer told IIB on Tuesday it is ending production in Indiana and expanding its manufacturing operations in Mexico.... Read More

New Carlisle chosen for $3B EV battery plant

A more than $3 billion electric vehicle battery cell plant is coming to St. Joseph County. General Motors and South Korea-based Samsung SDI announced Tuesday that they have selected New Carlisle to build the plant and will create 1,700 manufacturing jobs.... Read More

Indy high school students pitch business ideas

More than two dozen Indianapolis Public Schools high school students pitched their business ideas Friday as part of the BOSS Summer Entrepreneurship camp at IUPUI. The students spent the week learning about entrepreneurship from Kelley School professors.... Read More

State revenue exceeds projections

After falling short in April, Indiana's revenue collections outpaced projections in May. The Indiana State Budget Agency said General Fund revenues last month totaled $1.5 billion, which was 0.9% above the April 2023 forecast but 11% lower than the same month last year.... Read More

GM to invest $632M in Fort Wayne Assembly

General Motors has announced plans to invest $632 million in its Fort Wayne Assembly plant. The Indiana Economic Development Corp. said the investment will support the production of the next-generation internal combustion engine full-size light-duty trucks.... Read More

GM to make announcement at Fort Wayne plant

Lt. Gov. Suzanne Crouch will join executives from General Motors on Monday for an announcement regarding the automaker's Fort Wayne Assembly operations. The plant produces the Chevrolet Silverado and GMC Sierra full-size pickup trucks.... Read More