UPDATE: Report finds optimism among state manufacturers
The survey by IU's Kelley School of Business found that four out of five Indiana manufacturing companies consider their businesses healthy or stable.
Factories
Articles
Countertop maker plans to add 32 jobs in Zionsville
Cincinnati-based Sims-Lohman Inc. said it will invest $2 million to buy and equip a 57,000-square-foot facility in Zionsville. The firm already employs 22 full-time workers in the Boone County community.
Three cities seek grant to boost manufacturing
Three central Indiana cities that once had thousands of auto workers have joined together in seeking a $20 million federal grant to help attract new businesses to their empty factories.
Firm plans $16 million revival of Kokomo plant
A maker of porcelain products plans to invest $16 million to purchase, renovate and equip a vacant pottery production plant in Kokomo and create as many as 140 jobs by 2014.
Honda marking fifth anniversary of Greensburg plant
The company's Greensburg facility turned out its first Honda Civic sedans on Oct. 9, 2008, with about 1,000 workers at the plant. Honda officials say the factory now has more than 2,000 employees.
Furniture maker Chromcraft Revington to sell for $3.45M
Denver-based Sport-Haley would pay $2.7 million when the deal closes. It would pay another $750,000 when Chromcraft's plant in Delphi is sold or mortgaged, or 180 days after the merger is complete, whichever is earlier.
Old-line manufacturer poised to close for good
A manufacturer that has roots in Indianapolis dating to 1924 plans to permanently cease operations in late November unless it can find a buyer for the business.
Local manufacturer with 100 workers set to close
CMW International LLC, which has roots in Indianapolis dating to 1924, said all 100 of its employees would lose their jobs if a buyer wasn’t found before Nov. 23.
Asian automakers dominate in good month for car sales
Honda and Subaru led U.S. sales gains in August as auto demand beat projections and Asia-based carmakers, buoyed by Toyota Motor Corp., combined for their best month ever.
Cummins plans to add 500 jobs for Nissan engine
Cummins said the 5-liter, V-8 turbo diesel will be built in Indiana at the company's historic plant in downtown Columbus, creating up to 500 jobs over the next several years. About 300 people currently work on the V-8 program.
Chemical cleanup planned at old factory site
The trust created to revitalize and market former General Motors properties has set aside about $7 million to clean up a contaminated site in Kokomo where a factory stood from 1915 to 1993.
Massive job cuts in Indiana help Swiss firm turn profit
OC Oerlikon Corp. interim CEO Juerg Fedier said margins are improving in the Fairfield Drive Systems division in Lafayette after the Swiss manufacturer cut nearly 500 jobs in the second quarter.
Slumping Caterpillar to lay off 125 workers in Lafayette
Caterpillar in July announced a 43-percent drop in earnings and cut its outlook for the rest of the year because of a downturn in the global mining industry.
Gears slip for Allison Transmission in second quarter
Profit and revenue fell for Allison Transmission Holdings Inc. in its second quarter, as demand in its mining and military markets slipped.
Flavor-maker to close Indy plants, lay off 47
Kerry Ingredients & Flavours LLC plans to consolidate the Indianapolis manufacturing operations into other U.S. facilities. Thirty-five temporary workers also will lose positions.
Hostess set to resume full production in Indy
Hostess Brands LLC wants to have its Indianapolis plant in full production by the end of next week, an executive said Wednesday. The company received a tax incentive agreement worth $536,000 from the city on Wednesday.
Hurco acquires Italian machine-tool component business
Hurco, which designs and produces interactive computer controls, software and computerized machine tools, does most of its business in Europe.
Cummins plans office remodeling, $15M warehouse
Cummins proposes remodeling the four-story former Irwin Union Bank building in downtown Columbus that the company bought in 2010. The new warehouse planned near Cummins’ Walesboro factory could add about 25 jobs.
Hostess prepares to open plant despite tax-break question
Hostess Brands LLC has asked the city for a tax abatement on $10 million in new equipment. City officials might decide on July 3, but Hostess is moving ahead with its plans to reopen the plant that closed in November.
Manufacturer to relocate to Muncie, add 288 jobs
A maker of a new heavy-equipment vehicle that uses clean energy plans to invest $4.6 million in an engineering and assembly facility and ramp up operations as orders come in.