Feds finalize deal to give SK Hynix $458M for West Lafayette facility
The chip manufacturer announced plans in April to open a 430,000-square-foot building spanning 90 acres in the second half of 2028.
Manufacturers
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IBJ Podcast: Mission of Indy furniture maker ‘is about building other people up’
More than 240 people who have struggled with addiction, homelessness, incarceration and other obstacles have been employed and trained by Purposeful Design. And sales of its high-end furniture cover most of the cost of operation.
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2024 Corporate 100: Hillenbrand shifts focus to industrial manufacturing
Kimberly Ryan’s time as CEO of Hillenbrand has been marked by transition transition, with several acquisitions and the divestiture of Batesville Casket, where she got her start.
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2024 Innovation Issue: Robotic welding system boosts Smoker Craft’s production
The company has received attention for its system and last month earned the Conexus Indiana Manufacturing Innovation Award at TechPoint’s 2024 Mira Awards gala.
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2024 Innovation Issue: Wearable devices promise improved safety, productivity
But the devices—whether they’re used in the industrial setting or for personal reasons like health and fitness—can also raise concerns as well as questions about data privacy.
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Articles
Nissan, Honda confirm talks on closer collaboration but cool merger speculation
Nissan’s share price soared more than 22% after reports citing unnamed sources said it might merge with Honda to form the world’s third-largest automaking group.
Elanco buys manufacturing facility in England for $25M
Greenfield-based Elanco said the facility has played a vital role in producing a number of product lines for the firm, representing $160 million to $180 million in annual farm animal revenue.
Pridgeon & Clay to close Franklin manufacturing plant
The manufacturer said the move will affect 125 workers.
Boeing to lay off 10% of employees as strike by factory workers cripples production
About 33,000 union machinists have been on strike since Sept. 14. Two days of talks this week failed to produce a deal.
Indiana-based Wabash National faces $462M verdict in fatal 2019 crash
The trailer manufacturing company said its insurance policies should cover the $12 million in compensatory damages, but the punitive damages could materially hurt its financial condition, operations and cash flows.
Made in Indiana: Chocolate deliveries by Birthday Chocolates
Birthday Chocolates delivers small boxes of homemade chocolates—most often turtles—to workers on behalf of their companies or organizations, usually for birthdays but also for work anniversaries or other occasions.
Justice Department pushes Boeing to plead guilty in 737 Max crash case
The deal includes just over $487 million in penalties—the statutory maximum—although Boeing would only have to pay half because it is receiving credit for payments it made as part of a previous agreement.
Pittsboro concrete plant proposal stalls after community pushback
Greencastle-based Cash Concrete Products Inc. wanted the town to annex a largely rural plot of land for the plant, but residents questioned its potential effect on well water, local growth and quality of life.
2024 Corporate 100: Culture, acquisitions key to Lippert’s growth, longevity
Today, Lippert has 140 factories around the world and about 14,000 team members worldwide. Jason Lippert has focused on overhauling the company’s culture with an emphasis on personal and leadership development.
2024 Innovation Issue: Circle Beverage expands reach with robotic sleeving
The company has spent millions on the mostly automated production line. That shift has allowed the company’s 30 employees to upskill to work with the technology, but he said some manual labor remains.
2024 Innovation Issue: ‘Progressive improvement’ leads to customer smiles
TWI Institute, a consulting firm for manufacturers, describes continuous improvement as the “act of taking an established process, breaking it down to its component parts, building it back up using only the essential parts and committing to making incremental improvements over time.”
2024 Innovation Issue: State grant program spurs Industry 4.0 investments
A total of 526 grants worth a combined $56.9 million have been awarded so far to companies and organizations in 79 counties. In 2023, $20 million was granted to 161 projects in 50 counties. See how the money has been distributed.
2024 Innovation Issue: On-demand production allows companies to respond quickly to customer needs
Striving for efficiency drives the on-demand philosophies of Mach Medical, Homefield Apparel and 80/20 Inc., even if the companies have little else in common.
2024 Innovation Issue: The path to Industry 4.0
Numerous groups are working to advance both technology adoption and related workforce development in Indiana’s manufacturing industry, especially among the small companies that represent the bulk of Indiana’s manufacturers.
2024 Innovation Issue: How automation can be a lifesaver
Lilly plans to outfit its Lebanon plants—now under construction—with the latest in robotic, digital manufacturing equipment that will do much of the work that a generation ago was done by humans.
Subaru to stop production of Legacy model
The Legacy, which was designed for the American market, became the first Subaru manufactured in the United States when the Japanese company began production at its plant in Lafayette, Indiana, in 1989.
Made in Indiana: Hiker Trailer Custom camping trailers
Hiker Trailer launched about 10 years ago through a partnership that included an owner who manufactured and sold trailers in Indianapolis and another who manufactured and sold them in Colorado.
Lesley Weidenbener: Instructional videos are key to Sailrite’s success
Today, customers can buy everything they need—the fabrics, hardware and tools—from Sailrite to complete projects in the videos. And in the process of making the projects, the staff gets insight on how those materials and tools could work better.
Made in Indiana: Decorative glass by Kokomo Opalescent Glass Co.
Kokomo Opalescent glass can be seen worldwide, including at the Vatican; the Chicago Cultural Center; Frank Lloyd Wright’s Dana House in Springfield, Illinois; Disney World and Disneyland; The White House; Yellowstone National Park; Washington, D.C., Metro; and DreamWorks Studios.