Elkhart-based Thor Industries is reporting fiscal full-year net income of $374 million, down from $1.1 billion the previous year. CEO Bob Martin said the drop was primarily due to changing market conditions caused by high interest rates and rising inflation.... Read More
The North Vernon Industrial Commerce Park and Purdue Research Park will receive marketing support as they look to attract new companies and jobs to Indiana.... Read More
The United Auto Workers strike against the Big Three automakers is now in its second week, and the impact has already been felt in Indiana, as Stellantis announced last week it is laying off 300 workers in Kokomo as a result of the strike.... Read More
A planned $600 million waste-to-fuel plant in Gary is one step closer to coming to fruition after the Indiana Finance Authority approved up to $500 million in bonds for the project on Thursday. Fulcrum BioEnergy Inc. plans to begin construction next year.... Read More
The United Auto Workers expanded its strike against major automakers Friday, walking out of 38 General Motors and Stellantis parts distribution centers in 20 states, though none are located in Indiana. Another 5,600 additional workers joined the strike.... Read More
Christopher L. Payton, 59, died Monday after he suffered injuries “while working on a machine” at Silgan Closures America on Evansville's west side, the Vanderburgh County Coroner said.... Read More
Automobile manufacturer Stellantis on Wednesday said it plans to lay off more than 300 workers in Indiana and another 68 in Ohio, blaming the decision on the United Auto Workers strike that is now in its sixth day.... Read More
Bila Solar plans to create 244 jobs by 2026 at a facility partially used by Eli Lilly and Co. and Elanco Animal Health at 1249 S. White River Parkway East Drive. As IBJ reported in late August, the firm plans to spend $36 million on its portion of the 447,000-square-foot building to produce a lightweight solar module that weighs just 30% of regular glass solar panels and is 95% slimmer.... Read More
The agreement comes as Wabash's first long-term deal for wood flooring supply in its dry van trailers.... Read More
The United Auto Workers and Detroit's Big Three carmakers resumed talks aimed at ending a strike now in its fifth day, and under the threat that the walkout could soon spread.... Read More
A national seed distributor wants to grow roots in Anderson with a planned $30 million facility that could bring 41 jobs and $3.6 million in taxes over the next decade.... Read More
FITT USA is planning to build a 150,000-square-foot building with the potential for an expansion to add an extra 100,000 square feet by 2032. Our Partners at the Herald Bulletin reported Sept. 14 that initial work started at the site this week with plans to start construction in September 2024. ... Read More
Indiana could be the frontrunner for Subaru’s planned electric vehicle production site in the United States, Reuters reported Wednesday. Subaru CEO Atsushi Osaki told reporters during a meeting in Tokyo that Indiana could become the next location of...... Read More
About 13,000 U.S. auto workers stopped making vehicles and went on strike Friday after their leaders couldn’t bridge a giant gap between union demands in contract talks and what Detroit’s three automakers are willing to pay.... Read More
A week after breaking ground on a $1.5 billion manufacturing operation in Terre Haute, Oregon-based Entek has reached a supply agreement for the lithium-ion battery separators that will be produced at the plant.... Read More
The Indiana Chamber of Commerce named the county its 2023 NextEra Energy Resources Community of the Year Wednesday, citing its fast growth and attractive business environment. ... Read More
The company announced this week that it will invest $440 million over the next year to increase pay rates for drivers. It did not disclose how much the bump will be, but said it expects U.S. drivers to earn an average of $20.50 per hour.... Read More
Leaders of the United Auto Workers union are considering targeted strikes at a small number of factories run by each of Detroit’s three automakers if they can’t reach contract agreements by a Thursday night deadline.... Read More
The Massachusetts-based company, which makes salad dressings, sauces and marinades, plans to expand the 320,000-square-foot plant it opened in 2018 on 40 acres in Lebanon Business Park, west of Interstate 65 between State Road 32 and State Road 39.... Read More
Warsaw-based Safe-Way Garage Doors is adding to its portfolio. The company has acquired 1st United Door Technologies, headquartered in Tempe, Arizona, though financial terms of the deal are not being disclosed.... Read More
