ArcelorMittal to lay off 304 in steel plant closing
The company said it would idle its Indiana Harbor Long Carbon facility March 1 and shut down its rolling mill in the next three months. Both facilities are in East Chicago.
The company said it would idle its Indiana Harbor Long Carbon facility March 1 and shut down its rolling mill in the next three months. Both facilities are in East Chicago.
A division of CVS Pharmacy Inc. said it would consolidate work done at the facility to locations in Littleton, Colorado, and Jackson, Tennessee.
More Americans sought unemployment benefits last week, but the number of applications continues to be at historically low levels that suggest solid economic growth will continue.
The number of people seeking jobless benefits has been at historically low levels for 14 of the past 15 weeks. That indicates companies are retaining workers and expecting economic growth to continue.
Indianapolis-based employees have been offered voluntary severance packages as the global engine maker follows through on plans to eliminate about 2,600 positions company-wide.
Eleven underperforming locations in all will be eliminated by the Minneapolis-based retailer, it announced late Tuesday.
The global firm is planning 2,600 job cuts over 18 months, primarily in its aerospace division. Its Indianapolis operations, which employ about 4,500 people, are devoted mostly to civil and defense aerospace work.
Evansville-based Vectren Corp. says 120 southwestern Indiana coal miners will lose their jobs by month's end as the natural-gas utility completes the sale of its coal-mining subsidiary.
The consumer-review firm told federal regulators Friday that the move was “part of a focus on improving salesforce performance and productivity.”
The numbers suggest a strengthening job market, especially since hiring is at its healthiest clip since the late 1990s, and the 6.1 percent unemployment rate is at a 5 1/2-year low.
Many of the 160 workers for ABC Companies in Nappanee will have a shot at jobs in a nearby plant for building double-decker buses.
Before local hospitals slashed staff and expenses last year, they had been boosting the pay packages of their top executives faster than hospitals around the country. Seven of every 10 senior executives at the major hospital systems in Indianapolis saw their total compensation rise more than 10 percent from 2010 to 2012.
Irwin Tools plans to shut down its 456,000-square-foot warehouse and distribution center in Greenfield and consolidate operations elsewhere.
The move to end operations at the plant for medical packaging is just the latest in the continuing reshuffling of printing facilities in Indiana.
The owner of Indiana Limestone Co. has received court approval to hold an April sale to see whether there are any better offers for virtually all its assets than the $26 million bid by lender Indiana Commercial Finance LLC.
An 88-year-old Indiana company that supplied limestone to many of the country’s most important buildings is going out of business.
The factory’s Florida-based parent company closed the plant without notice on Feb. 10, ending the jobs of about 85 workers and turning away those who arrived for work in the morning.
In 2008, the Federal-Mogul factory in Avilla announced an expansion that could bring employment to 170 by 2010. But the company says it now has only 95 employees.
Big changes in the media industry have dramatically lowered the amount of work available for Multi Packaging Solutions Inc.’s printing plant in Terre Haute.
John Wiley & Sons Inc., publisher of the “For Dummies” series, has sent dozens of local jobs to foreign markets as it tries to save $80 million company-wide.