The CEO of New York-based Liberation Labs says locating its first biomanufacturing facility in Richmond brings multiple benefits. The facility will produce alternative proteins, which are used in food products such as almond milk and plant-based meat.... Read More
A precision fermentation manufacturer is planning to develop its first biomanufacturing facility in east central Indiana. Liberation Labs said Tuesday it will invest $115 million to build the commercial-scale facility in Richmond and add 45 jobs.... Read More
Columbus-based Cummins has opened its first Technical Education for Communities location at Arsenal Technical High School in Indianapolis. The global program targets technical skills gaps through local vocational educational training.... Read More
Plans for a $2.4 billion electric vehicle battery manufacturing plant that could potentially be located in Indiana are reportedly on hold indefinitely. The Wall Street Journal reports GM and Korea-based LG Energy Solution failed to come to an agreement.... Read More
Switzerland-based Endress+Hauser plans to invest $33 million to expand in Johnson County. The measurement instrumentation provider is looking to build a 120,000-square-foot facility on the south side of Greenwood create at least 75 jobs.... Read More
Missouri-based Children's Factory LLC is planning to close its plant in northeast Indiana. The company, which manufactures early education furniture and supplies, said in a notice to the state the closure in Angola will affect 26 employees.... Read More
DHL Supply Chain is investing nearly $120 million in the 980,000-square-foot distribution facility it acquired last year in Whiteland, with plans to create as many 676 jobs by 2027, a nearly 70% increase from when the project was first announced in June 2022.... Read More
Missouri-based Railcrew Xpress is planning to lay off 70 employees at several sites throughout Indiana. The company, which provides transportation services for railroad crews, said in a notice to the state its contract with CSX Corp. is being canceled.... Read More
ERAPSCO in Columbia City is one of two companies to receive contract extensions from the U.S. Department of Defense totaling up to $222 million. The extensions call for the production and delivery of up to 36,000 sonobuoys for the U.S. Navy.... Read More
Pittsburgh-based U.S. Steel is announcing layoffs from the now-idled tin operation at its Gary Works facility. In a notice to the state dated Dec. 27, the steelmaker said the move is the result of market conditions that are out of the company's control. ... Read More
Merrillville-based MonoSol and Teamsters Local 135 have reached a new agreement at the La Porte plant following a month-long lockout. The contract includes pay increases, $6,000 signing bonuses, and voluntary overtime, among other concessions.... Read More
Nevada-based Novo Logistics is expanding its presence in the Midwest with a new location in central Indiana. The third-party logistics firm says it will occupy a recently-constructed warehouse in Whitestown, with operations set to begin next month.... Read More
Indianapolis-based Mi-Tech Tungsten Metals is under new ownership. The company, which makes components from heavy tungsten alloys for a variety of industries, has been acquired by Global Tungsten & Powders in Pennsylvania.... Read More
A program to help individuals coming out of the criminal justice system find manufacturing jobs is launching in Delaware County. The Judicial Users Manufacturing Partnership aims to remove barriers to employment while also helping address a labor shortage.... Read More
Connecticut-based GXO Logistics Inc. (NYSE: GXO) this week announced changes to operations at a Fort Wayne facility. The third party logistics provider says it will no longer provide services to the facility, a move that will impact 85 employees.... Read More
Members of the United Steelworkers union have ratified a four-year contract with U.S. Steel. The new contract boosts pay and improves benefits for 11,000 members throughout the country, including at the Gary Works plant and Midwest Plant in Portage.... Read More
An assistant professor at Purdue University says the air cargo logistics industry is seeing a slump despite the normally busy holiday shopping season. Fercri Karanki says a decline in demand for products due to high inflation is to blame.... Read More
Indianapolis-based Allison Transmission Inc. (NYSE: ALSN) and Rolls-Royce Corp. in Indy have been awarded military contracts worth a total of more than $82 million. The contracts call for work on the Abrams Battle Tank and the E-2D Advanced Hawkeye aircraft.... Read More
Hillenbrand has reached an agreement to sell its storied Batesville Casket Co. to an affiliate of a Connecticut-based private equity firm for $761.5 million. The deal is expected to close in the first quarter of 2023, provided it clears all regulatory hurdles.... Read More
Kokomo Mayor Tyler Moore says Tuesday's announcement from Michigan-based Soulbrain MI further solidifies the city's emergence in the electric vehicle battery market. "[It] poises us to be on the forefront of this new technology," Moore told IIB.... Read More
