Chrysler drives off with $2.5M refund from Duke Energy
The automaker had claimed in a complaint to the state that Duke acted in "draconian" fashion by holding onto the seven-figure deposit for service at its Kokomo plant since 2009.
The automaker had claimed in a complaint to the state that Duke acted in "draconian" fashion by holding onto the seven-figure deposit for service at its Kokomo plant since 2009.
The engine maker says that slowing demand led to the decision to scale back hours for the 350 workers at its Columbus Fuel Systems Plant. The new four-day workweek will continue indefinitely.
The Franklin metal-tube factory with 39 employees plans to close early next year, less than five years the $2 million plant opened.
Hoosier Gasket Corp. received the Export Achievement Award for its recent success in Eastern Europe and China.
The company said it would try to relocate as many employees as possible to Michigan, though 30 percent are eligible for retirement in 2014.
The Swiss company hasn't decided where in the United States it will put a new production line. If it chooses Anderson, employment at the plant would increase from 660 to about 760.
Intat, a subsidiary of Japan-based Aisin Takaoka Co. Ltd., makes metal casting pieces for use in auto manufacturing. It employs about 230 people in Rushville, about 40 miles southeast of Indianapolis.
Faeza Alloyers USA, a metal alloys manufacturer and fabricator, said it will invest nearly $7.6 million to construct and equip a 36,000-square-foot facility in Shelbyville, its first in the United States for the Mexico-based company.
An Ohio-based food manufacturer announced Monday morning that it plans to spend $28.5 million to expand a vacant food plant in eastern Indiana, creating up to 400 jobs by 2016. The plant was formerly used by Really Cool Foods.
Subaru reported August sales up more than 35 percent from a year ago, joining other automakers in pushing U.S. sales to their highest level in three years. That could lead to increased production at its central Indiana factory.
Pilkington North America faces $453,000 in proposed penalties after state inspectors detected 29 new safety violations at the plant, according to agency documents.
Leaders of a central Indiana city are trying to persuade Nestle to pick it for a new production line at an existing plant that could add about 100 jobs.
A Shelbyville glass factory has had almost two years to address safety violations resulting from a worker’s death, but the state says the plant still has a lot of the same problems. Pilkington North America faces $150,000 in fines after an Indiana Occupational Safety and Health Administration inspection in March and April.
Sugar Creek Packing Co.'s $13 million bid was the only offer submitted for the plant, which is near Cambridge City in eastern Indiana.
Seymour Tubing Inc. is planning a $20 million project to expand and buy new equipment for a southern Indiana factory. The expansion help the company retain 460 workers and add 20 more.
Caterpillar Inc. says it's laying off nearly 170 workers at its Lafayette Large Engine Center in response to a drop in demand.
Auto-parts maker Gunite Corp. plans to move its manufacturing operations to Rockford, Ill., phasing out Elkhart workers beginning in late September.
Automobile parts supplier Greenville Technology Inc. plans to open a $21.4 million plant in Anderson, creating 325 jobs by 2016, economic development officials announced Tuesday morning.
California-based manufacturer DrillingWorld plans to expand its operations in Shelbyville, adding as many as 30 jobs by 2015.
The never-occupied 781,500-square-foot facility is on the market for $39.5 million, a steep discount from the original cost of roughly $100 million. The plant was built to manufacture auto transmissions. A plan to make solar panels at the site also collapsed.