A contract food manufacturer in Wayne County is expanding its footprint. Richmond Baking Co., which makes cookies, crackers, and other products, says it will invest $720,000 to add a new production shift and make other capital improvements.... Read More
United Auto Workers members who went on strike Saturday at the Stellantis casting plant in Kokomo have reached a tentative deal with the company. The UAW Local 1166 bargaining committee announced a tentative agreement in a blog post.... Read More
South Carolina-based Novolex says it is planning to invest $10 million to expand capacity at its recycling facility in North Vernon. The company says the addition of new equipment will also bring more than a dozen jobs to the facility.... Read More
Fort Wayne-based Sortera Alloys Inc. is continuing to grow in northeast Indiana. The company, which sorts and recycles industrial scrap metal, announced Wednesday it is expanding into a 200,000-square-foot processing facility just outside the town of Markle.... Read More
Florida-based Helios Technologies Inc. (NYSE: HLIO), a developer of motion control and electronic controls technology, has entered into an agreement to acquire Daman Products Co. in Mishawaka. Financial terms of the deal were not disclosed.... Read More
Madison-based Grote Industries Inc. this week announced changes to its ownership and management team. The company, which makes lighting products for the automotive industry, says Dominic, John and Mike Grote have acquired 100% ownership of the company.... Read More
A manufacturer in the Noble County town of Avilla is growing, the county's nonprofit economic development organization announced Thursday. ONXX Tool Inc. is investing $325,000 to purchase new equipment it says will expand operations and add jobs.... Read More
Pittsburgh-based U.S. Steel Corp. (NYSE: X) has temporarily idled the No. 5 tin line at its Gary Works facility. Spokesperson Amanda Malkowski told our partners at The Times of Northwest Indiana on Tuesday the move was made due to market conditions.... Read More
Columbus-based Cummins Inc. (NYSE: CMI) and Canada-based Buhler Industries Inc., a tractor manufacturer that operates under the Versatile brand, are planning to integrate the Cummins 15-liter hydrogen engines in Versatile’s equipment. Cummins says the collaboration, and the new powertrain technologies, are leading decarbonization efforts within the agriculture market.... Read More
A company in Seymour will resume manufacturing ironing boards beginning next week. The Tribune reports the operation will run under a new name, Seymour Home Products, after Chicago-based Home Products International-North America Inc. shut down production earlier this year.... Read More
Indiana State University is partnering with France-based transportation and logistics provider GEODIS on a new space at the Made @ Plainfield higher education and workforce training center. Officials on Friday cut the ribbon on the Logistics 4.0 Innovation Hub, which is designed to train individuals in artificial intelligence, machine learning, and logistics management.... Read More
Elwood-based tomato processor Red Gold Inc. has started operations at a 250,000-square-foot expansion of its distribution center in Alexandria. ... Read More
A subsidiary of Fishers-based Land Betterment Corp. is adding to its portfolio. ekō Solutions, which manufactures sustainable homes out of upcycled shipping containers for temporary disaster relief or permanent housing, has acquired CSI Equipment Sales LLC in Alabama in an all-stock deal valued at $6 million.... Read More
Indianapolis-based MITO Material Solutions will Wednesday cut the ribbon on its new headquarters on the city's northwest side. The startup, which manufactures hybrid polymer additives for a variety of industries, says the expansion is the result of a $4.6 million seed round of funding earlier this year.... Read More
The Columbus City Council has approved tax abatement requests for two companies involved in a single expansion project. The Republic reports the incentives will support the project totaling $7 million in investment and the addition of nearly a dozen jobs.... Read More
Elkhart-based Vixen Composites has completed its move into a new facility in the Aeroplex Industrial Park. The company, which produces fiberglass reinforced plastic and composite structural panels for a variety of industries, says the new location provides additional space to expand its product lines.... Read More
One of the key components of the supply chain challenge the country is currently seeing is a shortage of truck drivers. And while some companies say things are improving, our partners at WPTA-TV report a program at Ivy Tech Community College's Fort Wayne campus is seeing demand from companies to fill those gaps.... Read More
Arkansas-based ABF Freight System cut the ribbon on its new, $4.8 million facility in Fort Wayne on Wednesday. The city says the company's previous location will be torn down to make way for Dreyer’s Grand Ice Cream's previously-announced $145 million expansion.... Read More
Indianapolis-based logistics company Backhaul Direct has acquired a central Indiana trucking company, which the third-party logistics company says will allow it to streamline its local and regional supply chain. Financial details of the purchase of Bakers Express and DNK Express were not disclosed.... Read More
A pair of companies in Wayne County is planning to expand operations, the EDC of Wayne County announced Monday. The projects from Vandor Corp. and Dot Transportation Inc. total $8.3 million in investment and the creation of more than 70 jobs.... Read More
