Fishers Company Taps Rare Minerals Sector

Fisher’s-based American Resources Corp. (Nasdaq: EREC), a company specializing in the extraction and recycling of rare earth elements found in batteries and magnets, has acquired Energy Technologies Inc., located in Tennessee. ... Read More

Allison Completes Purchase of India Powertrain Maker

Indianapolis-based Allison Transmission (NYSE: ALSN) has completed the acquisition of India-based AVTEC Ltd.’s off-highway transmission and component machining businesses. The cash deal, which was first announced in September, is valued at $23 million.... Read More

PPG to Close Lafayette Plant

Pittsburgh-based PPG Industries Inc. (NYSE: PPG) has notified the state it intends to close its plant in Lafayette this fall, leaving 54 workers without jobs... Read More

GM Commits to Bedford for EV Parts

Economic development officials in Lawrence County say Tuesday’s announcement that General Motors Co. (NYSE: GM) will invest $51 million into its die casting foundry in Bedford serves as a signal the plant is part of the company’s long-term strategy.... Read More

KAR Auction Services Hires New VP

Carmel-based KAR Auction Services Inc. has named Chuck Coleman vice president and associate general counsel. He previously served as a partner and chair of the Business Practice Group at Indianapol...... Read More