GM furloughs workers at Marion plant

The United Auto Workers strike against the Big Three automakers is once again having an effect on Indiana workers. Reuters reported Monday that General Motors has furloughed 35 employees at its Marion Metal Center.... Read More

Mount Vernon port to acquire crane with federal grant

The U.S. Department of Transportation has awarded a $2.25 million grant to the Ports of Indiana-Mount Vernon. The funding will help the port acquire a heavy-lift crane, which will support the handling of new large project cargo and dimensional steel shipments.... Read More

Thor full-year profit drops amid economic challenges

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

Gary waste-to-fuel project secures major funding

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

Bila Solar seeks tax break on $36M in equipment for HQ, production facility

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