Cummins lowers full-year expectations after missing quarterly forecasts
Indiana-based engine manufacturer Cummins Inc. fell short of revenue and profit predictions with its third quarter results.
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Automakers side with Trump in legal fight with California
General Motors, Fiat Chrysler, Toyota and many others in the auto industry are backing the Trump administration in a lawsuit over whether California has the right to set its own greenhouse gas emissions and fuel economy standards.
CountryMark CEO Smith retiring after 17 years at helm
CountryMark ranked as the state’s ninth largest company in 2018, with $1.2 billion in revenue. The firm has more than 500 employees, including about 420 in Indiana.
GM strike finally ends as UAW members approve new contract
The deal, which includes modest improvements in pay for new employees and promises that the company will bring full-time temporary workers on permanently, passed this week after being voted on by GM’s 47,000 workers.
Workers at largest GM plant OK labor deal, putting strike near its end
Some production workers could return to work as early as Friday night or Saturday morning, ending a walkout that was big enough to help push down September U.S. durable goods orders by 1.1%, the largest drop in four months.
GM suppliers face lingering revenue fallout from strike
Cars will soon start rolling off General Motors’ factory floors after a month-long shutdown, but the pain from millions of dollars in lost business will linger for some of the automaker’s key suppliers.
Company to open $24M hemp-extraction facility in Westfield, hire 40
BDX-Indiana, a sister company to Indianapolis-based Biodynamic Ventures, plans to create more than 40 jobs at the facility that pay an average of $70,000 per year.
GM strike pushed down U.S. factory output 0.5% in September
Despite the monthly decline, factory output actually increased during the recently ended third quarter after falling for the first six months of the year.
Indiana kitchenware maker with 82 workers closing its plant
A company that has been making metal kitchenware and home products in Indiana since 1902 is closing its plant in Terre Haute.
GM CEO Barra joins talks, signaling deal to end strike might be near
The appearance of two key executives is a strong sign that bargainers are closing in on a contract agreement that would end the strike, which began on Sept. 16.
Union boosts strike pay for GM workers as talks continue
The strike has passed the point where GM can make up lost production, according to auto industry analysts.
UAW not happy with latest contract proposal from General Motors
Contract talks aimed at ending a 21-day strike by the United Auto Workers against General Motors have taken a turn for the worse, hitting a big snag over product commitments for U.S. factories, a union official wrote in an email to members.
UAW rejects GM offer over pay, temporary workers, source says
General Motors offered striking union members wage increases or lump-sum payments in all four years of a proposed contract, as the walkout continued in its third week. But union bargainers rejected the offer, according to a person briefed on the negotiations.
U.S. manufacturing sector falls into deeper recession
September marked the worst month for U.S. manufacturing in more than a decade—since June 2009—according to the closely watched Institute for Supply Management’s Manufacturing Index.
Striking workers question whether UAW leaders can be trusted
The strike against General Motors by the United Auto Workers is playing out amid a corruption scandal inside the UAW that has caused distrust of the union leadership among many rank-and-file members.
Talks resume as UAW strike against GM enters second day
Negotiators for General Motors and the United Auto Workers took a break from bargaining around 9 p.m. Monday but headed back at to the tables on Tuesday as a strike by more than 49,000 employees extended into a second day.
U.S. factory production rises at healthy pace
U.S. factory output increased in August at a solid clip, reversing a sharp drop in July, as production of metals, machinery and chemicals all rose.
UAW official: GM’s offer came too late to avoid strike
A strike by over 49,000 United Auto workers against General Motors could have been averted had the company made its latest offer sooner, the union’s top negotiator said in a letter to the company.
UPDATE: Auto workers strike against GM in contract dispute
More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday as contract talks with the company deteriorated into a strike.
Hoosier manufacturers feel trade war sting
As the U.S./China trade war drags on, advanced manufacturers in central Indiana are scrambling to determine their best course of action—and there are no easy answers.