Major Tool & Machine expanding capacity in microchips industry

The expansion will add another 51,000 square feet of building space to the southwest corner of MTM’s existing 620,000-square-foot facility at 1458 E. 19th St. on the city’s northeast side. Groundbreaking for the project was in January. MTM says it expects to have construction complete by April 2024, followed by equipment and clean room installations that will continue until 2025.... Read More

Is the tech recession over? Maybe.

After peaking early this year, the number of tech industry layoffs—and the number of companies cutting those jobs—appears to have slowed in recent months. So does this mean the tech slowdown is over, both in Indiana and more broadly? That’s not so easy to say.... Read More