Welch Packaging Group has acquired ABCOR Packaging, a corrugated products manufacturer based in Cleveland, Tennessee, expanding the Elkhart company’s presence in the Southeast. Financial terms were not disclosed. Founded in 2007 by partners Ricky Sanders and ...... Read More
Tom Jalics, who spoke Thursday morning at IBJ’s 2026 Economic Forecast breakfast in downtown Indianapolis, said he’s optimistic that the Trump administration will succeed in using tariffs to revive the U.S. manufacturing industry.... Read More
The project, which marks the third expansion of the building since 2008, added 188,000 square feet of space and is expected to result in 50 new jobs. The expansion makes the facility the largest in North America for the company.... Read More
Elkhart-based Welch Packaging has grown from a small family-run box maker into one of the Midwest’s leading corrugated packaging manufacturers, employing more than 2,000 people across multiple states. Founder and CEO Scott Welch credits the company’s success ...... Read More
Founded in 1959 by Dick Stout, Stoutco specializes in the fabrication of metal parts for customers in the bus and cargo trailer industries, as well as recreational vehicle OEM customers.... Read More
SensorTec has been acquired by Minneapolis-based permanent-capital investment holding company Junto Holdings Group Inc., though financial terms were not disclosed.... Read More
Jasper-based Meyer Distributing Inc., a wholesale distributor of specialty automotive products, has acquired Surelock Security Co., a manufacturer of safes and secure storage products.... Read More
JMS Engineered Plastics has issued a Worker Adjustment and Retraining Notification (WARN) notice to hourly employees, citing a downturn in orders and production.... Read More
Columbus-based Cummins Inc., which until recently saw huge growth potential for its hydrogen electolyzer operations, now says it’s reevaluating that business because demand for the products has evaporated.... Read More
Funds from the Federal Emergency Management Agency’s Port Security Grant Program aim to protect critical infrastructure from terrorism and improve maritime security risk management, the port authority said in a news release.... Read More
The manufacturer of switchgear, control systems and power distribution equipment has been acquired by Texas-based Mission Critical Group, though financial terms are not being disclosed.... Read More
The company, which goes by Fanco, says its Closed-Fuel Cycle Nuclear Energy Park will be the first of its kind in the country, designed to reprocess and reuse spent nuclear fuel on-site.... Read More
Construction layoffs at the $3.5 billion GM–Samsung SDI battery cell plant in New Carlisle are drawing attention, but local officials say the pause is part of a planned redesign rather than a sign of deeper trouble. The Detroit News reported Friday that some ...... Read More
A subsidiary of Fishers-based American Resources Corp. on Monday announced a $1.4 billion partnership with the U.S. Department of Defense and a North Carolina-based company to increase the domestic production of rare earth magnets.... Read More
Evans most recently served as operations manager for Copperworks, a joint venture between Fort Wayne-based Steel Dynamics Inc. and the La Farga Group based in Barcelona, Spain.... Read More
A Daviess County post-frame building company has announced plans to expand to northeast Indiana. Graber Post Buildings Inc. has broken ground on a $12 million manufacturing and distribution warehouse in the DeKalb County town of Ashley.... Read More
Executives from Sweden-based Saab and Virginia-based Boeing gathered at Purdue University Airport on Thursday to celebrate their collaboration to build and deliver the T-7A Red Hawk advanced trainer aircraft for the U.S. Air Force.... Read More
Jasper-based Peak Toolworks, a manufacturer of engineered diamond and carbide cutting tools, has acquired Southern Carbide Inc. in Shreveport, Louisiana. Financial terms of the deal are not being disclosed.... Read More
The company announced Thursday that Patrick Griffin has been tapped to serve as interim CEO following the departure of Armin Boehm.... Read More
The training is part of Walmart’s Associate to Technician — or A2T — program. It's designed to give employees technical skills in electronics, mechanics, refrigeration and troubleshooting.... Read More
