Remy International reports lower third-quarter profit
The Pendleton-based company filed plans in March to raise up to $100 million through an initial public offering.
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Auto supplier plans to add 100 jobs in Logansport
Federal-Mogul Corp. said it will add the jobs next year as part of a $2.7 million expansion to purchase new machinery and equipment for its 170,000-square-foot manufacturing plant and 15,000-square-foot technical center.
Vigo County brick factory steps up production
The plant is targeting far-off customers while it waits for the Midwestern economy to rebound.
Electronics manufacturer sees increasing demand
A 65-year-old Indianapolis firm, Carson Manufacturing Co., is expanding its capabilities in printed circuit boards.
Cummins plans to build giant engine in Seymour
Work on the new engine is expected to start next year and build to full production in 2015. About 200 engineering and production jobs are expected to be added over that time.
Honda to cut U.S., Canada production by half
Parts shortages from three months of catastrophic flooding in Thailand have forced Honda to cut U.S. and Canadian factory production by 50 percent for the second time this year. Honda, which employs 2,000 in Greensburg, said it will not lay off any workers.
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.
NASDAQ set to remove EnerDel parent from exchange
New York-based Ener1 said in a filing Tuesday with the Securities and Exchange Commission that it would be suspended from the NASDAQ exchange starting Thursday due to non-compliance with filing requirements.
California startup says it will create 1,200 local jobs
A California startup company that hopes to manufacture trucks outfitted with giant video screens expects to hire 1,200 employees to staff a new 125,000-square-foot production facility near 86th Street and Georgetown Road.
Cummins Inc. profit soars on huge growth in sales
Cummins Inc. reported a 60-percent increase in third-quarter profit as revenue soared 36 percent over the same quarter a year ago.
Honda undeterred by tepid Civic sales, reviews
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.
RV supplier plans expansion in northern Indiana
Drew Industries Inc. announced Tuesday that two of its subsidiaries would increase manufacturing in Goshen and Middlebury, potentially adding more than 300 workers in the coming months.
Allison cuts ribbon on assembly plant in Hungary
The 150-employee operation will ship products to international customers.
Manufacturer to beef up Frankfort operations, adding 160 jobs
LEP Special Fasteners Inc. will relocate parts of its management, sales and distribution functions from Elgin, Ill., and expand its current manufacturing plant in Frankfort by 250,000 square feet.
LaPorte factory to close, eliminating 130 jobs
Graphic Packaging International says it will gradually phase out the LaPorte carton factory in the coming months and shift work to other plants around the country.
Navistar cutting about 130 jobs in Fort Wayne
Navistar International Corp. is planning to lay off about 130 workers from its Fort Wayne operations by the end of the year as it continues consolidation to a new headquarters in suburban Chicago.
GAO finds cost estimates for F136 engine outdated
Some members of Congress hope to revive work on the alternate engine for the F-35 Joint Strike Fighter, which Rolls-Royce in Indianapolis worked on for nine years before the project was halted in April.
Otis Elevator expected to close plant with 200 workers
Bloomington city officials say it appears an Otis Elevator Co. plant with about 200 workers will be closing next year after the company opens a new plant in South Carolina.
Wind-turbine company moving into Evansville plant
A company that makes wind-turbine blades says it will start its first U.S. facility at a former refrigerator plant in Evansville that Whirlpool Corp. closed last year. The business said it could employ up to 400 workers in the area by 2014.
Abound Solar undeterred by rivals’ bankruptcies
Abound officials are quick to reassure that the company is on track with its original business plan, which calls for adding a huge amount of manufacturing capacity in Tipton in 2012 or 2013 and hiring 900 to 1,200 people.