Trusted Solutions expanding in Ossian
The company, which provides manufacturing, warehousing and logistics services, said the project is its first major expansion in 30 years. ... Read More
Advanced Manufacturing & Logistics
Alcoa, USW reach tentative agreement on new contract
In a message sent Thursday night to members, the union said the agreement will be sent to local union representatives, who present it to members for ratification.... Read More
Quarterly profit drops for Thor Industries
CEO Bob Martin said the drop is the result of expected impact of geopolitical events on the recreational vehicle selling season.... Read More
LCI Industries names interim CEO as Jason Lippert retires
LCI Industries announced Thursday that Jason Lippert has retired as president and chief executive officer and stepped down from the company’s board of directors after 32 years with the business. The board appointed independent director Johnny Sirpilla ...... Read More
Boston Scientific plans to build $138M facility, hire 300 in Plainfield
Boston Scientific Corp. plans to spend $138 million to build and equip a 500,000-square-foot medical device distribution and light-manufacturing facility in Plainfield, where it will hire up to 300 people, Indiana Gov. Mike Braun announced Wednesday.... Read More
Conexus expanding council meetings to southern Indiana
Conexus Indiana on Wednesday will host the first of two planned meetings of industry leaders in southern Indiana as the organization strives to expand access for its membership.... Read More
Cable manufacturer eyes $100M expansion at Indianapolis facility
An Italian manufacturer of cables plans to invest $100 million to expand its Indianapolis operations, part of a push to bolster fabrication of one of its most used products.... Read More
BWX Technologies exploring Mount Vernon expansion
The Lynchburg, Virginia-based company said in its first-quarter earnings call last month that the expansion could involve the construction of a new greenfield plant at its property along the Ohio River.... Read More
US manufacturing activity expands by most in four years
The Institute for Supply Management’s manufacturing gauge rose 1.3 points to 54, according to data released Monday. Readings above 50 indicate growth.... Read More
Gary residents call for cleaner operations at Gary Works; U.S. Steel defends investments
Gary community leaders, residents and environmental advocates called on Pittsburgh-based U.S. Steel and its parent company, Japan-based Nippon Steel, to invest in cleaner steelmaking technology at Gary Works during a town hall meeting last week.... Read More
Layoffs expected at Whitestown warehouse
In a notice to the state, Melbourne, Florida-based Eclipse Advantage LLC said the move is due to the termination of its contract to operate the facility.... Read More
Union workers rally at Alcoa plant as contract talks set to resume
Members of the United Steelworkers union at the Alcoa aluminum plant in Newburgh are seeking higher wages as contract negotiations get set to resume.... Read More
Saia opens Edinburgh logistics terminal
Saia Inc., a freight and logistics provider headquartered in Johns Creek, Georgia, has announced the opening of two new less-than-truckload terminals, including one in Edinburgh.... Read More
Closure Systems International acquires two Amcor sites
Indianapolis-based Closure Systems International has acquired two beverage cap manufacturing facilities from Switzerland-based global packaging company Amcor.... Read More
Connersville manufacturer Forge Racks & Dunnage acquired
Polargy LLC did not disclose financial terms of its acquisition but said the deal adds 160,000 square feet of space to its growing North American manufacturing program.... Read More
Cummins must pay $23.3M in damages in trade-secret lawsuit, jury says
Columbus, Indiana-based Cummins Inc. must pay $23.3 million in damages to a California-based tech firm that had accused the manufacturer of stealing its trade secrets, a jury decided.... Read More
Sortera Technologies to open Tennessee facility
The company announced plans for the facility last November after it closed on a $45 million round of funding.... Read More
ThyssenKrupp to close Terre Haute manufacturing plant in 2027
Thyssenkrupp Presta North America LLC is planning to close its manufacturing facility in Terre Haute in 2027, affecting some 230 employees, the company announced Friday.... Read More
US industrial production rises by most in over a year
The 0.7% increase in output at factories, mines and utilities followed a revised 0.3% drop in March, Federal Reserve data out Friday showed. That topped all estimates in a Bloomberg survey of economists.... Read More
GM to pause construction of EV battery plant in New Carlisle, officials say
In a statement to Inside INdiana Business, GM spokesperson Kevin Kelly said construction will be paused "to align production capacity with current demand."... Read More