Battery maker drops Indianapolis president
Battery maker Ener1 Inc. has fired Chief Operating Officer Rick Stanley, who was also president of the company's Indianapolis-based operation, EnerDel Inc.
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Toyota in Indiana to work through production slowdowns
Toyota Motor Corp. announced Friday that its Indiana plant in Princeton will operate on a reduced production schedule in the coming weeks, but employees will not lose work because of it.
Cummins Inc. plans to add 2,500 new jobs in U.S.
The Columbus-based engine manufacturer says it is hiring across the board to meet strong demand worldwide and in anticipation of an economic recovery.
Ener1 picks CEO for Indianapolis-based battery unit
Christopher Cowger joins Ener1 from California-based Advanced Micro Devices, where he was corporate vice president and general manager.
CEO says transformation prepped Remy International for IPO
Remy’s transformation since 2007, when a $700 million debt load propelled it into bankruptcy court, could be fodder for business-school case studies of the 21st century.
Indiana manufacturing sector clawing its way back
Factories are adding jobs, but returning to pre-recession levels will be a long slog.
Manufacturer crosses over from auto parts to caskets
Gestamp Automocion makes metal components for the auto industry, employing 18,000 people worldwide. Now it is branching into the staid niche of casket manufacturing.
As Japan shutdowns drag on, auto crisis worsens
In the weeks ahead, car buyers will have difficulty finding the model they want in certain colors, thousands of auto plant workers will likely be told to stay home, and companies such as Toyota, Honda and others will lose billions of dollars in revenue.
Sluggish demand for electric car forces layoffs at Ener1
Battery maker Ener1 has laid off about 3 percent of its 770 employees worldwide, partly because of lower-than-expected demand from the Think electric car being assembled in Elkhart. It had about 380 workers in central Indiana.
Wabash National adding 200 jobs at Indiana plant
Trailer manufacturer Wabash National Corp. is adding 200 new jobs at its north-central Indiana plant to support a new contract to build bulk storage fluid tankers for another Indiana company.
Forklift accident kills worker at Indianapolis plant
Indianapolis fire officials say a forklift operator was killed at Royal Food Products Inc. when a floor collapsed beneath the machine at the food manufacturing plant.
Subaru, Toyota curb output at Indiana plants
Two Japanese automakers are scaling back production at North American plants as they assess their ability to get parts from Japan after that country's devastating earthquake and tsunami.
Rolls-Royce moving 2,500 workers downtown
The British-based company will move the office workers later this year to a downtown Indianapolis office building on South Meridian Street formerly occupied by Eli Lilly and Co.
Hurco turns first quarterly profit in two years
The Indianapolis-based machine tool maker reported profit of $1.5 million on revenue of $39.7 million in its fiscal first quarter.
Northstar Aerospace closing Anderson plant; 48 jobs lost
Workers will be let go in three stages beginning May 1, and the plant is expected to permanently close by June 24.
Renewable energy ‘coordinator’ eyes GM plant
D'Arcinoff Group, which calls itself a manufacturing coordinator, has its eye on the soon-to-close General Motors stamping plant west of downtown Indianapolis.
Indiana-made electric cars recalled for 3rd time
Think North America has filed documents with the National Highway Traffic Safety Administration recalling 23 of its City electric cars produced late last year.
Plastics firm plans expansion, 54 new jobs
Fortville-based Genesis Plastics Welding plans to invest over $3.3 million to expand its existing production facility east of Indianapolis, adding as many as 54 new employees by 2014.
IPO could help ease Allison Transmission’s debt
Allison Transmission Inc.'s enormous debt load is probably one factor driving the company to consider a public offering, an investment analyst said Monday morning.
City seeks replacement for GM plant
Indianapolis will spend $115,000 on a study to explore redevelopment opportunities for the 102-acre GM Stamping Plant property west of downtown that will close this summer.