Manufacturer plans 35 jobs in Franklin expansion
An Arbor, Mich.-based manufacturer is planning a $10 million expansion to its plant south of Indianapolis that will add 35 more employees, it announced Wednesday.
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Weak market could derail Allison’s planned IPO
Indianapolis-based Allison Transmission in March said it planned to raise $750 million through a public stock sale, but the economic outlook has darkened since then.
EnerDel parent says quarterly report will be late
New York-based Ener1 Inc., which engineers and makes batteries in the Indianapolis area at its EnerDel subsidiary, announced Tuesday that it won't file its second-quarter 2011 financial report on time.
Northeastern Indiana auto parts maker laying off 175
Ficosa North America will sideline workers beginning in September as the company consolidates mirror production and prepares the plant to make other products.
Indiana electric car company gets new owner
Think North America, a company that has been making electric cars at a northern Indiana factory, has a new owner, giving local officials more confidence in its future.
Navistar cutting 200 contractor jobs in Fort Wayne
Navistar International Corp. is laying off some 200 contract workers from its Fort Wayne operations as part of its consolidation to a new headquarters in suburban Chicago.
Logistics firm adding 191 jobs in Greensburg
Auto parts supplier One Solution Logistics of Indiana Inc. will expand its operations in Greensburg, creating as many as 191 jobs as the Honda Motor Co. plant there adds a second shift, state economic development officials announced Friday.
Navistar seeks more tax breaks after old deal failed
The company, which had planned to close its Brookville Road plant, now is set to create 250 new jobs by investing $19 million in new equipment. It previously received $18 million in tax breaks and repaid $5 million to the city.
Elkhart mayor worried about car plant’s future
The bankruptcy filing of an electric car manufacturer has clouded the future of a northern Indiana factory that was touted as an economic boost for an area hit hard by job losses in the recreational vehicle industry.
Electric car company filing for bankruptcy
Think Global, which has a factory in Elkhart and uses batteries made in the Indianapolis area, plans to liquidate its assets, according to supplier Ener1 Inc. Ener1 expects to lose $32 million in the process.
Congressmen back Carbon Motors’ loan request
Most of Indiana's congressional delegation is supporting an Indiana company's request for a federal loan they say would help create perhaps 1,500 jobs building high-tech police vehicles in Connersville.
GM to invest $49M in Indiana plant, affecting 91 jobs
General Motors Co. is investing $49 million in its Bedford plant, a move that will help to create or keep 91 jobs.
Chrysler faces fines over Kokomo plant death
State regulators have issued $200,000 in fines against Chrysler for safety violations found during the investigation of a worker's death at a central Indiana factory.
RV industry supplier plans Indiana expansion
A recreational vehicle component manufacturer is considering a move into a vacant factory in northern Indiana where it could hire 180 workers in the next few years.
Bidders at Mecum auction revved up spending
Marengo, Ill.-based Mecum Auctions Inc. recorded vehicle sales in Indianapolis of more than $47 million, versus $41.7 million in 2010.
Government to lose $14B of auto bailout funds
The Obama administration said Wednesday that the government will lose about $14 billion in taxpayer funds from the bailout of the U.S. auto industry, a third of the loss officials had initially estimated.
Electric vehicles gain traction in region
Indianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official says.
Kokomo, Marion team up to draw auto jobs
Two central Indiana cities with deep roots in the auto industry are launching a new cooperative agreement aimed at attracting more automotive manufacturers and suppliers to the area.
Honda set to bump up production, except in Indiana
Honda's North American factories will return to near-normal production at most plants in August, the company said Thursday. However, full production of the Honda Civic, which is built at plants in Indiana and Ontario, might not resume until the end of the year.
Ener1 stock takes beating after Think write-down
The battery maker has been hurt by slow sales of electric car manufactured in Elkhart.