
Duke Realty Rejects $24 Billion Offer
Indianapolis-based Duke Realty Corp. (NYSE: DRE) says the $24 billion offer from logistics real estate firm Prologis Inc. (NYSE: PLD) to acquire the business is “insufficient.” ... Read More
Indianapolis-based Duke Realty Corp. (NYSE: DRE) says the $24 billion offer from logistics real estate firm Prologis Inc. (NYSE: PLD) to acquire the business is “insufficient.” ... Read More
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
The RV Industry Association’s October 2021 survey of manufacturers found that RV shipments totaled 58,000 units, an increase of 22.5% compared to the same period last year. The association, which has an office in Elkhart, says the total was the highest on record for any month, passing last month’s record of 55,014 units by more than 5%.... Read More
E-commerce giant Amazon Inc. (Nasdaq: AMZN) has unveiled its newest fulfillment center in the Hoosier State. Officials from the Town of Whiteland say the company unveiled signage over the weekend at a... Read More
Most people think they know a “franchise” when they see one—McDonald’s, Subway, 7-Eleven, Anytime Fitness, to name a few. However, there are some franchise relationships that are not so obvious. Ma...... Read More
A special transportation announcement is scheduled Tuesday morning in Lebanon. Indianapolis-based Duke Realty Corp. (NYSE: DRE) says the news conference will address the expansion of transportation...... Read More
Connecticut-based Blue Buffalo Pet Products (Nasdaq: BUFF) has big plans in Wayne County. The company says it will invest more than $100 million to build a production and distribution facility in R...... Read More
President Barack Obama next week will return to the first city he visited as president. Obama says he will visit Elkhart next Wednesday to discuss economic growth, saying, "The story of Elkhart's r...... Read More
The executive vice president of Subaru of Indiana Automotive Inc. in Lafayette says it is "certainly going to be a challenge" to fill the large number of positions coming from this week's expansion...... Read More
Five companies have announced plans for a combined $31 million in growth in Indianapolis. The projects range from a housing and retail development to a major dairy facility expansion.All will go be...... Read More
The Marshall County Council has approved tax abatement for a manufacturer's expansion plans. Faulkner Fabricating Inc. is looking to invest more than $1.5 million to upgrade its building and equipm...... Read More
“Driving a forklift in a warehouse” and “moving stuff with trucks”—that’s how the average college student describes logistics and supply chain management, say two Indiana business executives. Two I...... Read More
Logistics is often described as a “just in time” industry, meaning it centers on getting the right thing to the right place at the right time. But RFID and tracking technology company Northern Apex...... Read More
Although legislators solidified Indiana’s transportation budget during the 2015 Session of the Indiana General Assembly, many note uncertainty looms in the future. While some Republican legislative...... Read More
A recent project at Indiana State University married two of the hottest trends in today’s manufacturing and logistics industry: drones and 3D printing. A group of seniors studying manufacturing eng...... Read More
Delta Faucet Co., headquartered in Carmel, will break ground on a $17.5 million renovation and expansion later this summer. The plans include new interactive showrooms for customers, a café and wal...... Read More
Louisville-based A&R Logistics Inc. is expanding operations in Jeffersonville. The transportation company says the move will create more than 30 jobs by 2018.The Indiana Economic Development Corpor...... Read More
Elkhart-based Drew Industries Inc. (NYSE: DW) has entered into a six-year, $11 million agreement with another local company. The deal with Furrion Ltd. gives subsidiary Lippert Components Inc. the ...... Read More
A report from a national trade publication suggests manufacturing employment has risen in Indiana four straight years. The Manufacturers' News Inc. numbers show nearly 7,500 jobs in the sector were...... Read More
After a series of layoff announcements last year, South Bend-based AM General LLC has recently been on a roll. The manufacturer has secured a $373 million military contract involving Humvee sales t...... Read More