A West Coast EV manufacturer with a presence in northern Indiana is once again close to being delisted from the Nasdaq. Mullen Automotive received a letter indicating the company did not meet its Sept. 5 deadline to maintain a minimum bid price of $1.... Read More
The CEO of Columbus-based Cummins says the newly announced joint venture to build a battery cell manufacturing plant is the first big investment in battery cells for commercial vehicles in the U.S. The joint venture aims to begin production in 2027.... Read More
Accelera by Cummins is teaming up with Daimler Trucks North America, Paccar, and EVE Energy to establish a battery cell manufacturing facility at an as-yet undisclosed location. Cummins said the total investment in the factory will be between $2-3 billion.... Read More
Executives from Oregon-based Entek will join federal, state and local officials on Wednesday to break ground on a $1.5 billion manufacturing campus in Terre Haute. The project, first announced in March, is expected to result in 650 jobs by the end of 2027.... Read More
Bila Solar plans to establish its U.S. headquarters and a manufacturing facility in Indianapolis, creating more than 240 jobs in the process. The company said it would spend more than $35 million to renovate and equip an existing space just south of downtown.... Read More
The Netherlands-based company and MPS Egg Farms unveiled its progressive egg operation to the country with a farm in a rural town 35 miles west of Fort Wayne. The operation is the first of its kind in the country giving shoppers the option to pick up a carton of eggs that's both environmentally friendly and ethically sourced.... Read More
Mullen Automotive, which acquired a 650,000-square-foot manufacturing plant in Mishawaka last year, is reporting continued concerns over its financial situation. The company said it will need to secure additional capital by June 2024 to sustain operations.... Read More
AES Indiana has a new leader. The utility's Arlington, Virginia-based parent, AES Corp., announced Tuesday that Ken Zagzebski will become president and CEO of AES Indiana and chairman of the AES Indiana Board.... Read More
Fort Wayne-based Indiana Michigan Power is seeking to raise electricity rates through a plan recently submitted to the Indiana Utility Regulatory Commission. If approved, the utility would raise rates for the typical residential customer by nearly $15 a month.... Read More
Fort Wayne-based WaterFurnace has banked on the reliability and efficiency of geothermal technology since 1983, and now it reports rapid growth from that commitment. By installing residential and commercial pumps across the country, it has grown to be a leader in this burgeoning industry.... Read More
Crossroads Solar, a growing small business in South Bend, sets out to offer its employees a second chance. The South Bend Common Council approved a tax abatement request last month as Crossroads Solar prepares to bring on a second production line.... Read More
A long-planned coal-to-diesel facility in Spencer County has hit a major roadblock. The Indiana Department of Environmental Management informed Riverview Energy this week that its permit to construct the $2 billion facility in the town of Dale has expired.... Read More
Fifteen Midwest Duke Energy lineworkers are preparing to show off their skills in the International Lineman's Rodeo this fall. The rodeo events allow lineworkers to demonstrate daily skills they use to restore power to customers.... Read More
Merrillville-based NiSource is reporting second quarter net income of of $39.9 million — a drop from the $53.2 million last year. The earnings report was released on the same day the utility announced an increase in electric rates will begin this month.... Read More
Merrillville-based NIPSCO is the subject of a lawsuit filed by New York-based Bolt Energy Services. In its complaint, Bolt alleges that NIPSCO terminated an agreement between the two without cause that would cost the company millions of dollars in lost profit.... Read More
AES Indiana says existing state regulations are sufficient — and no investigation is needed — following lengthy weather-related power outages in late June and early July that affected an estimated 100,000 people.... Read More
The Indiana Housing and Community Development Authority (IHCDA) has issued a Request for Proposals to find a contractor to help the agency respond to the U.S. Environmental Protection Agency's recently launched Solar for All program.... Read More
IndyGo will add to its fleet using a $19 million federal grant.... Read More
The company filed for Chapter 7 bankruptcy July 13 in U.S. Bankruptcy Court for the Southern District Court of Indiana, claiming nearly $14 million in assets and $47 million in liabilities, according to the bankruptcy petition.... Read More
A project to install more than 18 miles of natural gas pipeline in north central Indiana is moving forward. The Kokomo Tribune reports the installation of the 24-inch pipeline is complete, and crews are now advancing to the restoration phase.... Read More
