Battery maker EnerDel retrenches, dodges clawbacks
EnerDel is regrouping under a strategy of targeting niche markets—a plan that has convinced Indianapolis and Hancock County officials to back off threats to yank economic development incentives.
Advanced Manufacturing
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Caterpillar chief: Indiana growing more competitive
CEO Doug Oberhelman said Tuesday that government overhauls and an aggressive economic development policy have made the state among the most attractive for investment.
Strong European sales goose Hurco’s quarterly results
The Indianapolis-based machine tool maker reported Friday morning that profit in the latest quarter shot up more than 400 percent as sales and fees increased 25 percent.
Hendricks County pitching motorsports skill, expertise to medical manufacturers
Hendricks County finds pay dirt pitching skills of racing industry to medical device manufacturers.
INDIANA 100: Vertellus still envisions putting self on the market
A recession and rising international competition kept Indianapolis-based Vertellus Specialties Inc. from soaring as quickly as its owners planned, but the company’s chief says the chemical maker—a leading manufacturer of Deet insect repellent—still will be put up for sale.
INDIANA 100: Manufacturing employment lags recovery of sector
Emphasis on efficiency, technology is softening job demand.
Pile of dirt standing in way of jet-engine plant
The dirt is left over from previous construction near the site at the Lafayette industrial park where GE Aviation intends to build a 225,000-square-foot plant.
State excels in manufacturing and logistics, but issues loom
Indiana’s sectors are among the strongest in the nation, according to a recent report. But challenges remain in work force education, the cost of worker benefits, and the pace of innovation.
Local 3D firm develops printer-based curriculum
To help promote interest in engineering, 3D Parts Manufacturing is working with schools to set kids loose on 3D printers. The plan also is developing into a business model.
Indiana universities, manufacturers helping launch Digital Lab
Indiana manufacturers, universities and various state groups are abuzz about their involvement with the freshly minted, Chicago-based Digital Lab for Manufacturing—even if they’re not yet sure what their exact role will be.
Electronics manufacturing short circuited in Indiana
The sector is migrating to states that beckon with better prospects.
GE Aviation promises long-term commitment to state
GE Aviation chose Indiana for its $100 million plant partly because of the potential for hiring talent from and working on advanced-manufacturing research with Purdue University. The state’s business-friendly environment also played a role.
GE Aviation poised to announce major Indiana plant
Gov. Mike Pence and GE Aviation CEO David Joyce will be on hand Wednesday morning for the announcement at the Purdue University Airport.
Notre Dame, Purdue, IU to help with manufacturing institutes
The University of Notre Dame, Purdue University and Indiana University have been selected as research partners for two institutes backed by the federal government.
Rolls-Royce wins $1B contract from Lockheed Martin
The company will supply 600 engines built in Indianapolis to Lockheed through 2025 for use in its C-130J Super Hercules aircraft.
Pence: State vying for Boeing airplane facility
Indiana is among 15 states competing for a $10 billion Boeing airplane manufacturing and assembly facility that could employ up to 8,500 workers by 2024.
Spinoff firm with Carmel HQ plans to hire 150
Allegion PLC, an international firm that made its debut as a public company on Monday, plans to hire another 150 people within six months between its Carmel corporate hub and Indianapolis manufacturing facility.
Local manufacturer to be acquired for $41 million
United Kingdom-based Meggitt PLC plans to acquire Piezotech LLC, a manufacturer founded in Indianapolis in 1967, for $41.2 million, the companies announced Wednesday.
State adds manufacturing jobs for second year in a row
Indiana Manufacturers Association President Patrick Kiely says Indiana has added 64,000 manufacturing jobs since the industry bottomed out in June 2009.
Indy-based 3D printer lands incentives for expansion
3D Parts Manufacturing LLC plans to invest $6 million to lease and equip 25,000 square feet of operations space and hire 65 workers by 2018.