Construction equipment manufacturer Caterpillar is planning a major expansion to its Large Engine Center in Lafayette. The Texas-based company will invest $725 million to build and equip a 300,000-square-foot addition to the 1.6 million-square-foot facility.... Read More
The previously announced closure of the Tyson Foods chicken processing facility in Corydon is being delayed. The company said in an updated WARN notice filed with the state that some operations at the facility will continue until April 6.... Read More
The venture capital arm of Allison Transmission announced Tuesday an investment in Niron Magnetics, whose permanent magnet made without rare-earth materials was named one of Time’s best inventions of 2023. Allison Ventures joined others in providing...... Read More
A longtime member of the Purdue Manufacturing Extension Partnership is being promoted to the organization's top spot. Purdue has announced Ranae Stewart as the partnership's new senior executive director after holding the position on an interim basis.... Read More
Ford Motor Co. and the United Auto Workers union have reached a tentative agreement on a local contract at the company's largest and most profitable factory, averting the threat of a strike. The union said last week said that nearly 9,000 workers at...... Read More
Cummins is facing multiple lawsuits from shareholders and Dodge Ram truck owners after the company agreed to pay $2 billion late last year to settle allegations that it unlawfully altered hundreds of thousands of pickup truck engines in violation of...... Read More
The United Auto Workers union is threatening to go on strike this week at Ford Motor Co.’s largest and most profitable factory in a dispute over local contract language. The union said Friday that nearly 9,000 workers at the Kentucky Truck Plant in...... Read More
Stellantis workers at the Kokomo and Tipton plants who are represented by the United Auto Workers union are eligible to receive a profit-sharing check of up to nearly $14,000, the automaker announced Thursday. ... Read More
The president of the Terre Haute Economic Development Corp. says Amazon's plan to build a delivery center in Vigo County is a dividend being paid on the investment that the county has made in the Vigo County Industrial Park.... Read More
Nearly one month ago, plans were unveiled for an unnamed company to invest $10 million to set up shop in the Vigo County Industrial Park. On Tuesday, the Vigo County Redevelopment Commission revealed that Amazon is the company behind the project.... Read More
Metal Powder Products has appointed the former leader of a global technology components manufacturer as CEO. Jon Jensen brings more than 30 years of global manufacturing experience, the Noblesville-based company said in a news release. ... Read More
Byrna Technologies Inc. has announced plans to expand its manufacturing operations in Fort Wayne. While financial terms were not disclosed, the personal defense technology company said the move is in response to an "unprecedented surge" in demand.... Read More
The U.S. Department of Defense has awarded a more than $155 million contract to manufacturer in Jasper County. The contract for Rennselaer-based Talbert Manufacturing Inc. calls for the production of semi-trailers for the U.S. Army.... Read More
Lafayette-based Subaru of Indiana Automotive on Thursday announced changes to its executive leadership. Effective April 1, Nobuyuki Bando will become chairman and CEO after serving as senior general manager of Subaru Corp.'s manufacturing division in Japan.... Read More
Batesville-based Hillenbrand Inc. is planning to launch a program designed to reduce costs and improve operational efficiency after what is being described as a weaker-than-expected performance from one of its primary business segments.... Read More
Cummins Inc. posted a rare quarterly loss in the fourth quarter despite strong revenue growth, largely due to the company’s previously announced $2.04 billion environmental settlement with the federal and California governments.... Read More
Catalent will operate as normal until the deal closes at the end of the year. Novo Nordisk will honor all contracts and customer obligations, meaning the facility will phase out certain production and start new work as those commitments meet their end date.... Read More
A transportation company in northern Indiana has a new leader. Horizon Transport, headquartered in the Elkhart County town of Wakarusa, announced Monday that Rob Jackson has been promoted to president after more than two decades with the company.... Read More
In December, Tim Hollander became president of Princeton-based Toyota Indiana following Leah Curry’s retirement. Hollander spoke with Inside INdiana Business about the southwestern Indiana plant’s success and his goals as president.... Read More
New Jersey-based Catalent is set to be acquired by Novo Holdings, headquartered in Denmark, in an all-cash deal valued at $16.5 billion. Novo Holdings plans to sell three of Catalent's fill-finish sites to subsidiary Novo Nordisk, including one in Bloomington.... Read More
