The Indiana Rail Road Co. has completed what it is calling a "dynamic upgrade" to its transload facility in Odon. The Indianapolis-based railroad says the enhancements will support the safe handling and storage of weather-sensitive products.... Read More
A manufacturer in Hancock County is growing its operations. Tech Castings LLC, which makes superalloy investment castings for the aerospace, manufacturing, and medical industries, says it will invest $4.5 million to expand its facility in the town of Shirley and add up to 20 jobs.... Read More
Stellantis is nearing completion of a $400 million revamp of a once-idled transmission plant in Kokomo. However, the Kokomo Tribune reports the facility, which will be known as the Kokomo Engine Plant, may not be fully operational by the end of the year as originally planned.... Read More
Michigan City-based Dwyer Instruments has acquired Universal Flow Monitors Inc. in Michigan, a manufacturer of flow meters and controls for industrial applications. Financial details of the deal were not disclosed.... Read More
A sound insulation company headquartered in Pennsylvania has announced plans to close its facility in Granger. In a notice to the state, Molded Acoustical Products of Easton Inc. says the closure will result in the layoffs of 114 employees.... Read More
South Whitley-based modular building provider Whitley Manufacturing has made a leadership change. The company, which began just after World War II to provide homes for returning veterans, has promoted Drew Welborn to president.... Read More
A $30 million expansion of Fort Wayne-based Tippman Group's warehousing facility in Anderson is receiving support from the city. Our partners at The Herald Bulletin report the Anderson City Council has approved a seven-year tax abatement for the project, which is expected to create 20 jobs.... Read More
A new study from Conexus Indiana reveals the number of advanced manufacturers in Indiana that have adopted or grown the next generation of technologies has doubled since last year... Read More
A manufacturer of single and double decker buses headquartered in the United Kingdom has notified the state of layoffs related to the previously-announced closure of two northern Indiana facilities. In separate WARN Notices, Alexander Dennis Inc. says it will permanently close its locations in Nappanee and Peru, affecting nearly 200 jobs.... Read More
Houston-based Meridian Adhesives Group has acquired American Sealants Inc. in Fort Wayne. Meridian says ASI will join its industrial division, serving the flooring, packaging and product assembly markets.... Read More
The Indiana Economic Development Corp. has awarded more than $3.6 million to 44 Hoosier businesses in its latest round of Manufacturing Readiness Grants. The grant program was established last year to stimulate private sector investment in an effort to modernize the state's manufacturing industry.... Read More
General Motors Co. (NYSE: GM) has announced plans to invest more than $51 million into its facility in Bedford. The automaker says it will install state-of-the-art equipment to support the manufacture of drive unit castings for the Chevrolet Silverado EV, as well as other existing applications.... Read More
Jasper-based Kimball International Inc. (Nasdaq: KBAL) is investing in its Salem manufacturing facility. The company says the undisclosed investment will bring automated metal manufacturing technology to the facility.... Read More
Ohio-based Milacron Injection Molding and Extrusion says it is making an investment in the future workforce with its machinery donation to Shawnee State University. Milacron, an industrial technology company for the plastics processing industry, is a subsidiary of Batesville-based Hillebrand Inc. (NYSE: HI).... Read More
Wisconsin-based Placon is celebrating the opening of its expanded medical facility in Elkhart. The Elkhart Truth reports the plastic packaging manufacturer has invested $11 million to construct the 42,000-square-foot addition and create up to 25 jobs.... Read More
Texas-based Lufkin Industries has acquired US Rod in Nappanee and Patriot Pump in North Dakota. Financial terms of the deal were not disclosed.... Read More
An affiliate of Wisconsin-based commercial real estate firm Phoenix Investors has acquired the former Visteon manufacturing plant in Connersville. Financial details are not being disclosed, though Phoenix says it has plans to renovate the the nearly 70-year-old facility.... Read More
Fort Wayne-based Sortera Alloys has closed on a $10 million round of funding led by Breakthrough Energy Ventures in Washington. The company, which has developed a technology platform for the industrial recycling industry, says it will use the funding to scale operations and add jobs.... Read More
Indianapolis-based Allison Transmission (NYSE: ALSN) is partnering with Team de Rooy, a multiple-time winner of the Dakar Rally race, to develop electric trucks for motorsport competitions. The company says testing is scheduled to begin on an electric truck equipped with a conventional Allison transmission in early 2022.... Read More
Evansville-based Berry Global Group Inc. (NYSE: BERY) is responding to a letter from Ancora Holdings Group LLC. The Cleveland-based company, which owns 1% of Berry's outstanding shares, says... Read More
