Chemical maker Vertellus to close portion of Indy plant
Currently working its way through Chapter 11 bankruptcy, the firm expects the closure at its Tibbs Avenue plant to affect dozens of employees.
Currently working its way through Chapter 11 bankruptcy, the firm expects the closure at its Tibbs Avenue plant to affect dozens of employees.
General Motors officials are set to announce what is expected to be a major investment at an Indiana factory that will allow it to retain more than 1,400 jobs.
U.S. factories cranked out more autos, machinery and chemicals in July. But even as And even as output ticks up, manufacturers aren’t adding many jobs.
The company on Thursday said the plant would close Aug. 26. The closure will put more than 300 people out of work.
The Battle Creek, Michigan-based company determined its U.S. cracker manufacturing network had more production capacity than needed to meet demand.
Carrier Corp. and United Steelworkers Local 1999 have agreed on a severance package for 1,400 employees who will be displaced when the company moves operations from Indianapolis to Mexico.
Jasper-based Kimball Electronics has taken on 165 employees after buying a firm and its subsidiary in separate deals.
Toyota Boshoku Indiana LLC has launched a $10.6 million expansion of its plant in Princeton.
Orders at U.S. factories dipped in May, dragged down by less demand for steel, aluminum, furniture, electrical appliances and military aircraft.
Thor Industries Inc. has purchased privately held Jayco Corp. in hopes that it will help attract younger customers looking for more modest travel abodes.
However, after six straight years of growth—and record sales of 17.5 million last year—U.S. sales are beginning to plateau.
Metro Plastics Technologies Inc. plans to leave the plant where it’s been housed for 35 years to move into a newly built facility.
Japan’s largest steel producer announced plans Tuesday to open a subsidiary in Shelbyville in a plant that is expected to be fully operational by spring 2018.
The company announced the planned closing Wednesday, citing falling demand for the side-by-side refrigerators manufactured at the plant.
The local operation of multibillion-dollar defense contractor Raytheon Co. has become the sole location for some key Raytheon programs, including modernizing outdated military vehicles.
CTS said the end of Elkhart production is part of a corporate-wide simplification strategy dating to 2013.
Ardagh Group’s glass-packaging division, which employs more than 200 at its Muncie headquarters, plans to relocate most of those jobs to Fishers by the end of the year.
While Indiana scores highly in terms of the overall health of its manufacturing and logistics sectors, a report released Thursday indicated that workforce development is still a key concern.
A Michigan-based auto parts company plans to cut about 500 jobs at its manufacturing plant in Indiana beginning Monday.
Industrial output—which includes factories, mines and utilities—rose 0.7 percent from March. It had dropped the previous two months.