Articles

Casket maker plans $16.5M investment, 300 jobs

Indianapolis-based Genesis Casket Co., launched just last year, expects to produce 30,000 caskets in its first full year of operation. The company plans to fill the first 150 jobs by the time the plant opens this summer.

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IEDC leading jobs mission to India

The Indiana Economic Development Corp. will lead the state’s first jobs mission to India next week to help establish relationships with high-tech companies, the state agency said on Thursday.

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Budget shrinks 21st Century tech fund

Even as some of its investments bear fruit in grand fashion, the state’s principal fund for investing in high-tech companies may get even less in the next budget than it did two years ago when its funding was cut in half.

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Rail company plans new plant, 650 jobs in Muncie

Alabama-based Progress Rail Services, a subsidiary of Caterpillar Inc., said it plans to invest about $50 million to open the first locomotive manufacturing and assembly plant in the United States in many years.

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Canadian company plans to create 175 jobs in Miami County

Conforce International Inc., a manufacturer of composite flooring systems for the transportation industry, plans to invest more than $13.8 million to purchase and equip a plant in Peru, which would be the company’s first location in the United States.

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