The Indiana Economic Development Corp. and Conexus Indiana say they awarded 186 Manufacturing Readiness Grants totaling $22.7 million lasy year. The program, which was launched in 2020, aims to help manufacturers increase production efficiency while stimulating private sector investments and modernizing Indiana’s manufacturing industry.... Read More
Bristol-based Stealth Enterprises LLC has permanently laid off 53 employees at its northern Indiana facility. In a notice to the state dated Jan. 27, the cargo trailer manufacturer cited "unforeseen business circumstances" as the reason for the reduction.... Read More
Connecticut-based LongRange Capital has completed its $761 million acquisition of the former Batesville Casket Co. from Batesville-based Hillenbrand Inc. The acquired company, now known as Batesville Services LLC, will operate as an independent company.... Read More
St. Joseph County Executive Director of Economic Development Bill Schalliol says New Carlisle is still the likely choice for a planned EV battery manufacturing plant. "What we've been told is if they're going to build a fourth plant, it likely will be here."... Read More
A California-based EV manufacturer with a presence in northern Indiana is facing potential delisting from the Nasdaq. Mullen Automotive said this week it is continuing efforts to bring its stock price above the $1.00 bid requirement before a March 6 deadline.... Read More
A study from the Washington D.C.-based Environmental Energy Project cites the BP Whiting Refinery as a top polluter in the U.S. The environmental group said Thursday the refinery is among the top five for selenium and nitrogen discharges.... Read More
The CEO of New York-based Liberation Labs says locating its first biomanufacturing facility in Richmond brings multiple benefits. The facility will produce alternative proteins, which are used in food products such as almond milk and plant-based meat.... Read More
A precision fermentation manufacturer is planning to develop its first biomanufacturing facility in east central Indiana. Liberation Labs said Tuesday it will invest $115 million to build the commercial-scale facility in Richmond and add 45 jobs.... Read More
Columbus-based Cummins has opened its first Technical Education for Communities location at Arsenal Technical High School in Indianapolis. The global program targets technical skills gaps through local vocational educational training.... Read More
Plans for a $2.4 billion electric vehicle battery manufacturing plant that could potentially be located in Indiana are reportedly on hold indefinitely. The Wall Street Journal reports GM and Korea-based LG Energy Solution failed to come to an agreement.... Read More
Switzerland-based Endress+Hauser plans to invest $33 million to expand in Johnson County. The measurement instrumentation provider is looking to build a 120,000-square-foot facility on the south side of Greenwood create at least 75 jobs.... Read More
Missouri-based Children's Factory LLC is planning to close its plant in northeast Indiana. The company, which manufactures early education furniture and supplies, said in a notice to the state the closure in Angola will affect 26 employees.... Read More
DHL Supply Chain is investing nearly $120 million in the 980,000-square-foot distribution facility it acquired last year in Whiteland, with plans to create as many 676 jobs by 2027, a nearly 70% increase from when the project was first announced in June 2022.... Read More
Missouri-based Railcrew Xpress is planning to lay off 70 employees at several sites throughout Indiana. The company, which provides transportation services for railroad crews, said in a notice to the state its contract with CSX Corp. is being canceled.... Read More
ERAPSCO in Columbia City is one of two companies to receive contract extensions from the U.S. Department of Defense totaling up to $222 million. The extensions call for the production and delivery of up to 36,000 sonobuoys for the U.S. Navy.... Read More
Pittsburgh-based U.S. Steel is announcing layoffs from the now-idled tin operation at its Gary Works facility. In a notice to the state dated Dec. 27, the steelmaker said the move is the result of market conditions that are out of the company's control. ... Read More
Merrillville-based MonoSol and Teamsters Local 135 have reached a new agreement at the La Porte plant following a month-long lockout. The contract includes pay increases, $6,000 signing bonuses, and voluntary overtime, among other concessions.... Read More
Nevada-based Novo Logistics is expanding its presence in the Midwest with a new location in central Indiana. The third-party logistics firm says it will occupy a recently-constructed warehouse in Whitestown, with operations set to begin next month.... Read More
Indianapolis-based Mi-Tech Tungsten Metals is under new ownership. The company, which makes components from heavy tungsten alloys for a variety of industries, has been acquired by Global Tungsten & Powders in Pennsylvania.... Read More
A program to help individuals coming out of the criminal justice system find manufacturing jobs is launching in Delaware County. The Judicial Users Manufacturing Partnership aims to remove barriers to employment while also helping address a labor shortage.... Read More
