Furniture distributor plans Gas City operations
New Jersey-based Munire Furniture says it will locate its U.S. manufacturing headquarters in Gas City, with plans to create as many as 100 jobs by the end of the year and as many as 350 by 2013.
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Raytheon’s local plant lands $42M Navy order
Raytheon Technical Services Co. in Indianapolis has scored a $42 million contract to make forward-looking infrared sensors for the U.S. Air Force’s HH-60G helicopter, the Department of Defense said late last week.
EnerDel parent nets $20M from Russian investor
New York-based Ener1 didn't disclose how it will use the funds coming from Ener1 Group Inc., a company led by Russian industrialist Boris Zingarevich.
Franklin calls off deal to land brewery plant
The Franklin Redevelopment Commission decided Thursday to call off the deal because TailGate Beer of San Diego failed to respond to a deadline to provide detailed financial information.
Factory production creeps up again
Production at U.S. factories grew in August for the 12th time in 14 months, but at a slower rate than earlier this year.
Senate panel refuses to fund GE engine made by Rolls-Royce
The decision holds potential bad news for Indianapolis engine maker Rolls-Royce, which produces the engines. Rolls-Royce is the region’s second-largest manufacturer, behind Eli Lilly and Co., with about 4,300 local employees.
Caterpillar seeks tax abatement for Franklin plant
Caterpillar Reman Powertrain is requesting the tax break to offset costs related to a $13.6 million investment the company says will help retain 338 factory jobs.
Greencastle auto supplier cutting 202 employees
International Automotive Components Group said the layoffs will occur in two stages—on Nov. 10 and again on Dec. 13. Expiring contracts are responsible for the cuts, said a company spokesman, who added that the employees could be recalled.
Fort Wayne hoping to keep some Navistar jobs
Fort Wayne officials say they aren’t giving up hope that Navistar International Corp. will keep some jobs in the city despite the company’s decision to consolidate operations in suburban Chicago.
Auto parts workers hope vote will save jobs
Continental Structural Plastics said last month it would close an Ohio plant, and spend about $9 million on upgrades to a factory in Indiana where it will have up to 350 workers by 2012.
EnerDel parent lines up more financing
The parent company of lithium-ion battery maker EnerDel Inc. has raised another $65 million to help finance operations and ramp up its manufacturing operations in the Indianapolis area.
Would-be buyer urging GM workers to vote on pay cuts
A businessman seeking to buy General Motors Co.'s Indianapolis metal-stamping plant met with workers Sunday at Lucas Oil
Stadium to urge them to accept pay cuts allowing the sale.
RV maker buys northern Indiana plant to build luxury trailers
Thor Industries subsidiary Redwood RV announced Tuesday its purchase of a factory in Syracuse that was formerly owned by Ameri-Camp
RV, which shut down in 2008.
Remy rides home new contract from electric motorcycle maker
MotoCzysz sees the Remy motor as part of an electric motorcycle-based drive system—tailored to automobiles. The companies
collaborated on the winning electric bike at Isle of Man race.
Visteon ordered to reinstate health care to retirees
The mandate from a U.S. bankruptcy judge will supply retroactive benefits to more than 6,000 Visteon Corp. retirees who lost
insurance coverage after
the
Michigan-based auto-parts maker filed for bankruptcy in 2009, including 2,100 workers in Indiana.
Prospective GM plant buyer pleads case in advertisement
JD Norman Industries advertisement tells employees that its proposal to buy the plant would guarantee
their GM transfer rights without having to close the facility.
Economic development officials stunned by GM plant no-vote
Indiana Commerce Secretary Mitch Roob said he was completely surprised by local General Motors workers’ refusal to vote on
a proposed contract by JD Norman Industries, a decision that appears to set up the plant for certain closure.
UAW halts vote on giveback deal at Indy GM plant
UAW Local 23 bargaining chairman Gregory Clark says members won’t vote on the proposed contract, which would cut base wages from $29 per hour to $15.50.
GM plant offer sets off union power struggle
The UAW in Detroit said Local 23 will vote Monday on Illinois-based JD Norman's proposal to buy an Indianapolis stamping
plant where more than 600 work, but a local rep says workers don't want to negotiate.
Auto parts plant leaving Ohio for Indiana, may employ 350
Continental Structural Plastics expects to spend at least $9.1 million on upgrades to the Huntington factory and perhaps have
350 workers working there by 2012.