Saran Industries to close Indianapolis plant with 110 workers
Saran, which does industrial finishing and machining work, told the Indiana Department of Workforce Development that it expects to close the local facility by June 30.
Factories
Articles
Indiana plant to close, costing 120 workers their jobs
Milford, Ohio-based Buckhorn Inc., which makes plastic shipping containers, is expected to close its Indiana factory later this year as part of a consolidation.
Japanese manufacturer plans $100M Indiana plant with 200 workers
NTN Corp. and state economic development officials announced Friday that NTN subsidiary NTK Precision Axle Corp. plans to break ground on the 300,000-square-foot facility this spring.
Korean car parts maker targets Indy for U.S. HQ, 180 hires
Daechang Seat Co. is seeking tax breaks from the city for its plans to invest $16.8 million in a production facility and establish a base of operations in America.
Cummins turns in much higher profit despite lower revenue
The Indiana-based engine manufacturer saw sales sink during the fourth quarter and the entire year.
RV maker Jayco to add 300-plus jobs with expansion
Thor Industries Inc. has announced plans to expand its northern Indiana operations of recreation vehicle manufacturer Jayco and add more than 300 workers.
Union plans rally to spotlight Rexnord job losses
With the shutdown of Rexnord Corp.’s local bearings plant just months away, union officials are planning a rally next week to highlight the workers’ plight. Meanwhile, employees have received approval for federal job relocation aid.
Toyota to add 400 jobs, sink $600M into Indiana SUV factory
The factory will be able to build 40,000 more Highlanders per year when the expansion is finished in the fall of 2019.
French company plans 70 layoffs at Indiana factory
One of the largest employers in an Indiana county plans to lay off about 70 workers and move some production to out-of-state factories.
Output jumps as Subaru of Indiana hustles to meet demand
The Japan-based automaker is in the midst of a U.S. sales boom—and the company’s Lafayette auto plant is racing to keep up.
IUPUI awarded $1.5M to help manufacturers find energy savings
The school’s program already has recommended $11 million in savings for more than 75 companies since 2011.
Wind turbine maker paying back county after missing hiring goals
An Italian company planned to create 450 jobs when plans for its Muncie factory were announced in 2008, but it never employed more than about 60.
Carrier, fresh off Trump talks, increases prices due to higher costs
The United Technologies Corp. division that includes brands such as Carrier and Bryant will raise the amount it charges for residential and commercial HVAC equipment by as much as 5 percent, according to a company statement.
Trump claims victory at Carrier, but many manufacturing battles remain
Union workers and economists say pressuring individual factory owners won’t save U.S. manufacturing jobs lost to economic forces that are beyond the control of companies or the president.
Huntington plant looks to be left out of Trump’s Carrier deal
A 700-worker factory in northeastern Indiana facing closure doesn’t appear to be part of a deal President-elect Donald Trump struck with its parent company to keep hundreds of jobs at an Indianapolis plant.
Analysis: Trump uses Carrier, Ford to send message to manufacturers
President-elect Donald Trump is reviving the persuasive art of “jawboning” as he uses the bully pulpit to strong-arm straying manufacturers. But for how long will it be effective, and is it in the long-term best interest of the economy?
Experts: Don’t get too excited about Carrier deal’s broader impact
President-elect Donald Trump’s job-retention deal with Carrier Corp. could have symbolic value, some business and economic experts say, but isn't likely to alter long-term manufacturing trends.
Mutz: State to offer Carrier incentives, but other factors played bigger role
Carrier Corp. was motivated to retain 1,000 manufacturing jobs in Indianapolis by a state incentive package and the possibility of losing a “favorable relationship with federal contractors,” according to a prominent IEDC board member.
Toyota Material Handling to hire more workers in Indiana
Toyota Material Handling USA Inc. said it plans to add up to 71 workers by the end of 2019 at its facility in Columbus.
UPDATE: Carrier strikes deal with Trump to keep 1,000 jobs in Indy
President-elect Donald Trump and Vice President-elect Mike Pence plan to be in Indianapolis on Thursday to detail the deal.