AM General’s JLTV makes international debut in France

AM General will showcase its next-gen Joint Light Tactical Vehicle A2 and HUMVEE Saber at an international defense exhibition in Paris, France, this week. Eurosatory is the largest international exhibition for the land and air defense and security industry. Improvements on the JLTV A2 includes improved fuel efficiency via upgraded transmission gear coding, enhanced lithium-ion battery replacing lead-acid batteries, upgraded corrosion protection and improved accessibility for easier maintenance.... Read More

Cummins senior vice president to retire

Tony Satterthwaite, a Cummins executive who held the positions of president, chief operating officer, chairman and, most recently, senior vice president over his 36 years with the Columbus-based engine maker, will retire in September. ... Read More

Entrepreneurs charged up over next venture

Robert Laikin and Larry Paulson are at it again. The two longtime business partners who made their fortunes in the cell phone industry are turning their sights to manufacturing high-density batteries for industrial uses.... Read More

Michigan City manufacturer plans $20M expansion

Michigan City-based D. Martin Enterprises plans to invest $20 million to build a new manufacturing facility in the city. The company said it aims to add 30 new jobs with the possibility of hiring more workers in the first two years of operation.... Read More

White County trucking company files for bankruptcy

APL Cargo, a logistics company based in the White County town of Wolcott, is seeking Chapter 11 bankruptcy protection. The company, led by President Stefan Trifan, made its filing May 31 in the U.S. Bankruptcy Court for the Northern District of Indiana.... Read More

Thor quarterly profit dips

Elkhart-based Thor Industries is reporting fiscal third quarter net income of $113.6 million, down from $120 million during the same period last year. CEO Bob Martin said Wednesday that despite the dip the company remains confident in its long-term outlook.... Read More

WaterFurnace doubling Fort Wayne footprint

A manufacturer of geothermal HVAC systems is making a major expansion to its Allen County operations. WaterFurnace International has broken ground on a $14 million, 173,000-square-foot expansion of its Fort Wayne headquarters.... Read More

U.S. Steel sale lands non-US regulatory approvals

Pittsburgh-based U.S. Steel announced Thursday that its proposed $14.1 billion sale to Nippon Steel Corp. in Japan has received all regulatory approvals outside of the United States. The deal, which has not been approved by U.S. regulators, received...... Read More

Cummins to set up shop at Mohr Logistics Park

Columbus-based Cummins has inked a lease for a more than 1 million-square-foot warehouse and distribution facility at the Mohr Logistics Park in Whiteland. Financial terms of the deal—as well as the company's specific plans for the facility—were not disclosed.... Read More

MasterBrand Cabinets to acquire Iowa company

Ohio-based MasterBrand Cabinets LLC, which has a major presence in Dubois County, has announced plans to acquire Supreme Cabinetry Brands Inc., headquartered in Waterloo, Iowa. MasterBrand says the $520 million cash deal will allow the company to...... Read More