Confident automakers adding factory workers
Plants in Indiana and other states are slowly expanding as car companies foresee improved sales due to pent-up demand, population growth and an aging vehicle fleet.
Plants in Indiana and other states are slowly expanding as car companies foresee improved sales due to pent-up demand, population growth and an aging vehicle fleet.
Through September of this year, Civic sales were 167,384, down 15.5 percent from the 198,272 sold by the same point last year.
Workers at Chrysler's largest United Auto Workers local, Local 685 in Kokomo, have voted in favor of a new four-year contract.
Companies promising thousands of green jobs in Indiana are playing a high-stakes waiting game as federal officials consider the fate of at least $600 million in loan guarantees.
The new four-year contract, which still must be ratified by workers, would create 2,100 jobs. Chrysler also agreed to invest $4.5 billion in its plants under the deal. Last year, the automaker announced plans to spend nearly $1.3 billion to update its facilities in Kokomo.
The automaker says it expects to begin the new shift at the Greensburg factory on Oct. 24 in a move that will double the plant's annual production to 200,000 vehicles.
A new four-year contract deal between the United Auto Workers and General Motors Co. will add or keep 6,400 jobs in the U.S. with a $2.5 billion investment, the union said Tuesday. In Fort Wayne, 150 jobs would be created or retained.
The decision has little impact on the thousands of Indiana GM and Chrysler workers. As part of 2009 government bailouts, the two firms and their workers had to agree not to strike over wages.
Honda Motor Co.’s reputation for world-class manufacturing may belie a slipping emphasis on design just as the automaker’s U.S. factories—including its expanding Civic plant in Indiana—are preparing to return to full production.
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.
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.
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.
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.
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.
General Motors Co. is investing $49 million in its Bedford plant, a move that will help to create or keep 91 jobs.
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.
Marengo, Ill.-based Mecum Auctions Inc. recorded vehicle sales in Indianapolis of more than $47 million, versus $41.7 million in 2010.
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.
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'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.