Columbus-based Cummins announced Thursday that Mary Chandler, CEO of the Cummins Foundation, will retire this spring after 12 years with the company. Chandler also serves as vice president of corporate responsibility and community relations for Cummins.... Read More
A supply chain management company headquartered in Singapore is establishing operations at the Warsaw Technology Park. Mentor Media plans to invest nearly $7 million to occupy a portion of a shell building and create nearly 50 jobs over the next three years.... Read More
Honda Motor Co. is moving production of the Accord sedan to its plant in Greensburg by 2025, the automaker announced Tuesday. The move comes as Honda prepares for the production of battery electric vehicles and components.... Read More
Nearly 300 employees at Rockwell Automation in Whitestown will be affected when the company’s contract with a Switzerland-based logistics company ends in May, but they are likely to have an option to continue working at the facility.... Read More
A Goshen-based company is adding to its portfolio. Genesis Products, which manufactures laminated panels, wood components and custom molded products, has acquired Funder America Inc. in North Carolina, though financial details were not disclosed.... Read More
Conexus Indiana has launched a program designed to provide support for student-run businesses at more than a dozen Indiana high schools. Conexus Student Industries is a network of students, teachers and partners in the advanced manufacturing industry.... Read More
A Kansas-based manufacturer of recreational vehicle products is expanding in Elkhart. Airxcel Inc. said this week it is moving warehousing and distribution for several of its brands to a 126,000-square-foot facility on the city's north side.... Read More
California-based Mullen Automotive has received approval from the Nasdaq for a 180-day extension to meet the stock market's $1 minimum bid price requirement. The electric vehicle manufacturer is facing delisting after its stock fell below $1 last July.... Read More
A contract manufacturer in Hancock County that specializes in radio frequency welding and heat sealing is under new ownership. Wisconsin-based Vonco Products has acquired Genesis Plastics Welding in Fortville, though financial terms are not being disclosed.... Read More
In a play to spotlight and advance its efforts with hydrogen fuel cells, battery power and other green technologies, Indiana-based Cummins Inc. has rebranded that part of its business as Accelera by Cummins.... Read More
Jasper-based commercial furnishings company Kimball International is set to be acquired by HNI Corp., a manufacturer of workplace furnishings and residential building products headquartered in Iowa. The cash and stock deal is valued at $485 million.... Read More
Columbus-based Cummins will make what it is calling a major announcement on Wednesday. Few details are available, but the manufacturer said it will detail its strategy to "accelerate the transition to a decarbonized future."... Read More
Elkhart-based Thor Industries is reporting fiscal second quarter net income of $27 million, down from $266 million in the same quarter the previous year. CEO Bob Martin said the quarter saw a "significant slowdown" in both sales and production.... Read More
GE has announced plans to invest more than $450 million in its U.S. manufacturing facilities, including $7 million at the GE Aerospace Lafayette Engine Facility. The funding will provide tooling support for the plant's LEAP and Passport engine production.... Read More
Pittsburgh-based U.S. Steel has signed a memorandum of understanding with CarbonFree Chemicals Holdings in Texas. The steelmaker says the non-binding agreement establishes a framework for pursuing the capture of CO2 emissions from U.S. Steel's Gary Works.... Read More
European automaker Stellantis is planning to invest $155 million in three of its facilities in Kokomo. The company said Tuesday the investment will fuel the production of a new electric drive module, which will be used in its battery electric vehicles.... Read More
The Commerce Department is opening applications for computer chip manufacturers to access $39 billion in government support to build new factories and expand production. All companies seeking funds will need to show how they plan to develop a local workforce.... Read More
Kentucky-based Tempur Sealy says its $138 million manufacturing facility in Crawfordsville is on schedule to open in the second quarter. The bedding products manufacturer updated progress on the facility this month during its fourth quarter earnings call.... Read More
Louisville-based Platform Real Estate Group this week announced plans for a new industrial building at the River Ridge Commerce Center in Charlestown. The company said the $20 million project will feature a 304,000-square-foot building on a 19-acre plot.... Read More
European automaker Stellantis on Wednesday announced U.S. employees represented by the United Auto Workers union will receive profit-sharing checks of about $14,760 on March 10. Stellantis employs about 7,000 people at its facilities in Kokomo and Tipton.... Read More
