Articles

Solar flop puts energy funding in limbo

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.

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Chrysler, UAW agree on new contract

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.

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UAW says deal with GM creates or keeps 6,400 jobs

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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