A new survey shows Indiana manufacturers are adjusting their future plans due to inflation and high interest rates. The survey shows about a quarter of the 80 manufacturing companies based in Indiana believe their current financial performance is challenged.... Read More
A manufacturer of iron castings with a presence in southern Indiana will soon be under new ownership. Waupaca Foundry is set to be acquired by Connecticut-based private investment firm Monomoy Capital Partners, though financial terms are not being disclosed.... Read More
Cummins will pay $1.675 billion to settle allegations that the engine-maker violated the Clean Air Act, the company announced Friday. This is the largest settlement ever reached under the Clean Air Act, and the second largest of any environmental penalties.... Read More
President Joe Biden believes “serious scrutiny” is warranted for the planned acquisition of U.S. Steel by Japan’s Nippon Steel, the White House said Thursday after days of silence on a transaction that has drawn alarm from the steelworkers union.... Read More
Jasper-based cabinet manufacturer MasterBrand Inc. has announced plans to locate its corporate headquarters in Beachwood, Ohio, a suburb of Cleveland.... Read More
A chocolate company in Chicago could potentially move manufacturing operations to Portage. Our partners at The Times of Northwest Indiana report World's Finest Chocolate has optioned land in the Porter County city, though no concrete plans have been made.... Read More
Bloomington will soon be home to a new employer and industry filling part of a gap in the local economy after Chicago-based NHanced Semiconductors announced a $152 million investment into a Cook Medical facility, which will result in at least 250 high-wage jobs.... Read More
Amazon is building an $87 million data center in Portage, our partners at the Times of Northwest Indiana reported. The facility will be in the AmeriPlex at the Port business park north of Interstate 94 and south of the Ports of Indiana-Burns Harbor.... Read More
A Clarksville-based manufacturer of structural trusses for the residential, multifamily, commercial, and agricultural markets is growing its operations. GHK Truss LLC plans to invest $1 million to boost production at its Clark County facility.... Read More
Inside INdiana Business spoke with Chris Stager, president and CEO of the Economic Development Corporation of Elkhart County, about why businesses are choosing to locate here and what the county can do to attract and retain workers to the area.... Read More
A subsidiary of Fort Wayne-based Franklin Electric Co. Inc. has acquired a manufacturer based in Cape Coral, Florida. Financial terms of Franklin Water Treatment LLC's purchase of Action Manufacturing & Supply Inc. are not being disclosed.... Read More
Pittsburgh-based U.S. Steel is being acquired by Tokyo-based Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The price tag for U.S. Steel is nearly double what was offered just four months ago by rival Cleveland Cliffs. ... Read More
The OrthoPediatrics Specialty Bracing division will develop new products for the company and is expect to grow its total addressable market by about $600 million.... Read More
Indiana's oldest candy company has eyes on growing its footprint, but its chief operating officer says there are no plans to leave the Hoosier State. Jason Noel talked about the history of the company and his goals for the future with Inside INdiana Business.... Read More
Officials from the Indiana Economic Development Corp. will appear before a committee of state lawmakers and the state budget director Tuesday to ask for approval to spend $180 million to lure a pair of multi-billion dollar manufacturing projects to Indiana.... Read More
A more than 100-year-old manufacturer of drainage and plumbing products will soon be under new ownership. Josam Co., headquartered in Michigan City, has signed an agreement to be acquired by Massachusetts-based Watts Water Technologies Inc.... Read More
More than $1.1 million in infrastructure improvements have been completed at the Ports of Indiana-Jeffersonville. The upgrades include a yearlong series of road and rail projects conducted by the Ports of Indiana and its rail switcher, MG Rail. ... Read More
A racing tire company in Marshall County took top honors in the Indiana Chamber of Commerce's annual Coolest Thing Made in Indiana competition. The chamber also unveiled the rankings for this year's Best Places to Work in Manufacturing.... Read More
As states decide how to spend unprecedented amounts of federal funds directed to the expansion of electric vehicle infrastructure, recreational vehicle industry leaders want officials to keep the country’s recreational travelers in mind.... Read More
A Detroit-based manufacturer and parts supplier for the automotive industry is expanding operations to Indiana. Rush Group plans to lease a nearly 420,000-square-foot facility in the Silver Creek Logistics Center in Sellersburg and create up to 180 jobs.... Read More
