U.S. Steel entering into NDAs with potential buyers

Pittsburgh-based U.S. Steel is making more moves toward a potential acquisition after rejecting a proposal from Cleveland Cliffs Inc. to buy out the steelmaker in a $2.3 billion deal. In a letter to shareholders issued Tuesday, U.S. Steel said it is...... Read More

Grand Design celebrates landmark 250K RVs

The company, which produces travel trailers, fifth wheels, and toy haulers, credited its growth to its quality and customer service to become a major RV retailer. The company will celebrate the accomplishment next week at the National Owner’s Rally in Elkhart. Grand Design is a wholly-owned subsidiary of Iowa-based Winnebago Industries.... Read More

Auto parts maker to close northeast Indiana plant

Michigan-based automotive parts supplier Tram Inc. is closing its facility in the northeast Indiana town of Ashley. In a notice to the state, the company said 155 employees will be affected by the closure, which is slated to begin in November.... Read More

More layoffs announced at BorgWarner Kokomo plant

New details have emerged regarding BorgWarner's previously announced closure of its Kokomo manufacturing plant. Trialon, a validation testing services company, said in a notice to the state that it will lay off 110 of its workers located at the facility.... Read More

BorgWarner to close Kokomo manufacturing plant

BorgWarner, an automotive components supplier headquartered in Auburn Hills, Michigan, is planning to close one of two facilities in Kokomo later this year. The company confirmed the move will impact about 150 employees at its Morgan Street Production Plant.... Read More