Cummins CFO to retire after 32 years with company
Retiring CFO Pat Ward will be succeeded by an internal candidate, longtime Cummins employee Mark Smith.
Retiring CFO Pat Ward will be succeeded by an internal candidate, longtime Cummins employee Mark Smith.
Foamcraft Inc., an Indianapolis-based foam-products manufacturer than began selling mattresses less than two years ago, plans to compete directly with online mattress behemoths such as Casper, Leesa and Purple.
Sales of new vehicles in the United States rose slightly in 2018, defying predictions and highlighting a strong economy.
Business and political leaders at the annual Engage Indiana event stressed the importance of public and private collaborations in helping improve communities and retain workers.
The small manufacturer in the niche metal heat-treating industry has a new CEO, a new outlook and plans to more than triple annual revenue in five years.
The subsidiary of Israel-based Omen Casting Group wants to boost production to help meet demand in America and Germany for its aluminum drivelines, steering components and oil pumps.
Cummins CEO Tom Linebarger says a practical, targeted approach will work better than “carpet-bombing” China with escalating tariffs.
In the little less than two years since Dave Kelley bought KLH, the company has developed more than a dozen new audio products.
The three companies will be United Technologies, which will house its aerospace and defense industry supplier businesses; Otis, the maker of elevators, escalators and moving walkways; and the Carrier air conditioning and building systems business.
The Commerce Department said Wednesday that orders to U.S. factories for big-ticket manufactured goods dropped 4.4 percent last month.
The handmade products of Indianapolis-based Ambre Blends are racking up big sales gains nationwide among high-end clientele.
Matthews Aurora Funeral Solutions announced Friday it will close its Richmond plant and move work to two other locations.
Factory output continued to grow at a solid clip, supported by a range of sectors, including metals, machinery, aerospace and furniture.
The Truck and Engine Manufacturers Association, which represents Indiana-based Cummins Inc. and other engine manufacturers, said the proposal represents a chance to modernize how the agency oversees big-rig emissions.
Tariffs are weighing heavily on the tossup U.S. Senate contest between Democratic incumbent Joe Donnelly and Republican Mike Braun.
Indiana-based Cummins Inc. on Tuesday beat expectations with its third-quarter earnings while narrowly missing revenue predictions.
Allison Transmission Holdings Inc. raised its guidance for the rest of the year after reporting solid sales and profit growth in the third quarter.
A British company with packaging plants around the world plans to build a 550,000-square-foot manufacturing facility just southwest of Interstate 65 that will employ 140.
A Japan-based automotive industry supplier plans to spend $90 million to expand its manufacturing operations in Indiana, the company announced Tuesday.
Less than three years after acquiring a manufacturer of metal components with operations in Muncie, JD Norman Industries Inc. has decided to close the facility and terminate its 130 employees in December.