Indiana-based industrial equipment and casket maker Hillenbrand Inc. has agreed to acquire plastics-processing equipment maker Milacron Holdings Corp., the companies announced Friday morning.
The newly merged company has big plans for broad rollout of the natural stone, which is considered superior to other types of limestone quarried throughout the world.
The move comes as Cummins, long known as a diesel engine powerhouse, expands its efforts in alternative powertrain technologies.
A convention thought to be the first of its kind will take over nearly half the Indiana Convention Center for four days this fall, with a focus on promoting products manufactured in the United States.
Officials said the new project, combined with the Vehicle Environmental Test, or VET, facility announced earlier this year, would create more than 300 jobs altogether at Allison.
Both companies have major operations in Indianapolis, although United Technologies is already preparing to shed its Carrier Corp. business.
The Indiana Court of Appeals on Thursday revived the city of Gary’s lawsuit against 10 handgun manufacturers, thwarting the Indiana General Assembly’s attempt to derail the legal action in 2015.
Last week, President Donald Trump announced plans to increase tariffs from 10% to 25% on $200 billion worth of Chinese imports that include a wide variety of products like aluminum and steel, frozen fish and meat and wood.
An Alabama-based company that makes pipes for water, oil and natural gas is planning to build the 30,000-square-foot research and development facility on 17 acres.
Volkswagen AG is renewing efforts to sell minority stakes in non-core operations to streamline its business and focus on the main passenger-car brands, according to people familiar with the matter.
Ohio-based Timken purchased Diamond Chain last month. The Indianapolis-based company makes high-performance roller chains for equipment used in a variety of industries.
Indiana-based Cummins will check certification and compliance processes for engines in the 2019 Ram 2500 and 3500 trucks after conversations with the U.S. Environmental Protection Agency and the California Air Resources Board, the company said.
The Indianapolis-based company announced Tuesday that it has acquired England-based Vantage Power and the electric vehicle systems division of Michigan-based AxleTech International in two separate deals.
California Custom Fruits, whose products include fruit bases for yogurts, will erect a 65,000-square-foot plant in the Greenwood Park at 65 South industrial park.
Greenwood-based Poynter Sheet Metal Inc. and its landlord have applied for partial property tax abatements on the project that would save them a total of $595,000 over 10 years.
The facility will include a 7,000-square-foot simulated factory floor featuring training robots, assembly-line simulators, a car lift, a forklift and work space for interns.
Officials for the Indianapolis-based transmission giant tell city officials that the project would create 193 jobs that pay an average of $20.39 per hour, as well as help it retain current employees.
The has already hired 51 employees and plans to hire 29 more over the next two years as it relocates one of its manufacturing divisions from Ohio.
It marks yet another expansion of the Japanese automaker's U.S. presence, bringing to nearly $13 billion the amount it will spend by 2021.
American Resources Corp., formed in 2015, specializes in buying distressed coal assets from struggling or bankrupt coal operators.
