Delphi seeks $50M tax abatement for new vehicle program
The five-year tax break could help bring a new research-and-development program for electric vehicles to Kokomo, creating
118 jobs and saving 72.
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$15M loan brings EnerDel closer to launching production
The locally based battery maker serves as collateral on the financing lined up by its New York-based parent, Ener1.
Hundreds show interest in jobs at police car maker
Company executives told those at Monday’s information sessions that many jobs will require an associate’s degree in engineering
and computer literacy to operate assembly-line machines.
Impact Racing reaches agreement over safety labels
Bill Simpson’s Impact Racing LLC reached an agreement Thursday with an industry-certification group that will allow the company
to continue selling race car safety gear made this year and last.
BMW, Carbon Motors ink $1.35B supply contract
BMW has won a contract from Indiana-based Carbon Motors Corp. worth more than $1.35 billion to supply engines for U.S. police
cars.
Trailer company buying closed northern Indiana factory
Executives of Novae Corp. announced plans for the company’s expansion in North Manchester, where it expects to employ perhaps
85 people by 2013.
Visteon judge won’t halt benefits termination
An attorney for a union representing some 2,100 people who worked at two Visteon plants in Indiana argued Tuesday that many
are facing hardship, and that the order should be stayed pending an appeal to a federal district court judge.
GM to reinstate 600 dealerships slated to be cut
GM executives said Friday that about 600 dealerships out of the 1,100 seeking to stay with GM will receive letters giving
them the option to remain with the automaker.
RV company reopening northern Indiana factory
Middlebury-based Jayco Inc. said Wednesday that it expected to resume production in May at its Topeka factory and hire 50
workers there this year.
Cummins to lay off nearly 200 workers in Columbus
The Columbus-based company said Tuesday that the 194 layoffs will take place after Friday, cutting the plant’s employment
to about 400 and paring its two shifts to one.
Ford supplier Lear to add 200-plus jobs in Hammond
Michigan-based auto components maker Lear Operations Corp. plans to invest more than $2.2 million to expand and upgrade its
manufacturing facility in Hammond, adding more than 285 jobs this year.
Truck-parts plant’s closure to put 225 out of work
Accuride Corp. says its Gunite Corp. factory in Elkhart will be closed by May 1. Its production will be moved to factories
in Rockford, Ill., and Brillon, Wis.
Indianapolis to demonstate plug-in electric vehicles
City will be among first to conduct demonstration of several plug-in electric vehicles prior to their market
launch next year.
Toyota starting tours of Indiana plant
State official for the carmaker says the embattled company, in the midst of massive recalls, is eager show off the Princeton
factory
and help visitors understand the complexity of auto manufacturing.
Columbia City plant to close, nixing 135 workers
Fort Wayne Foundry Corp. will shutter the auto parts factory for the second time in a year, as its jobs head to Mexico, according
to a union official.
Toyota’s new lobbyist strategy: factory workers
Facing intense scrutiny from the federal government, Toyota is trying a salt-of-the-earth offensive, paying for a group of
its U.S. employees to talk with lawmakers. At least one is from Toyota’s plant in Princeton, Ind.
Production resumes at Indiana Toyota plant
After a week-long shutdown for the company to repair defective gas pedals, the factory near Princeton was back to “business
as usual” when its lines restarted on Monday.
Connersville eager for Carbon Motors to rev up
The jobs can’t come soon enough for Connersville, where unemployment is at 13.8 percent.
U.S. car sales: Toyota tanks, others take flight
Beyond the expected plunge for troubled Toyota, U.S. car sales sailed along nicely in January, including a 24 percent surge
for Ford and 14 percent gain for GM.
New emissions standards drive up Cummins profit
Columbus-based diesel engine maker Cummins Inc. posted its most profitable fourth quarter in company history, thanks to a
rush on engines that won’t have to conform to new emission standards.