Indiana cabinet maker closes Alabama plant with 445 workers
Employees and officials criticized the abrupt closure, which came without prior public notice and was announced to employees at 10 a.m. Tuesday.
Employees and officials criticized the abrupt closure, which came without prior public notice and was announced to employees at 10 a.m. Tuesday.
GE is moving closer to a sale of its industrial gas-engine business for more than $3.5 billion after narrowing the list of bidders to a short list that includes Cummins, sources say.
Quietly—as consumers turned their attention elsewhere—virtual reality has been finding its place in business operations, particularly to make education and training more accessible and less expensive.
The project from Louisiana-based Sazerac Co. is expected to create up to 110 jobs by 2021.
SF Motors Inc., a Silicon Valley-based electric vehicle developer and manufacturer, said it could hire as many as 200 workers at the Indiana plant by the end of the year.
The Trump administration on Wednesday launched an investigation into whether tariffs are needed on the imports of automobiles into the United States, moving swiftly as talks over the North American Free Trade Agreement have stalled.
Heavy equipment and machinery maker Caterpillar plans to make the investment in building improvements, information technology, software and equipment.
As dominant as Chevy has been in racing over the years, Honda continues to have the upper hand in the Indy 500.
Allison Transmission Holdings’ incoming CEO sees development of fully electric heavy trucks as a longer-term project.
U.S. factories cranked out more appliances, computers and aircraft last month, lifting manufacturing production for only the second time in five months.
The Indianapolis-based fuel products refiner again lost money, but the loss was smaller than a year ago and indicated that cost-cutting efforts at the company are having an impact on the bottom line.
Alex Azar, secretary of Health and Human Services and a former executive of Eli Lilly and Co., said Monday that the Trump administration plans to turn up the heat on uncooperative pharma firms.
G. Frederick Bohley, a 27-year veteran of Allison Transmission Holdings Inc., has been named chief financial officer of the Indianapolis-based public company.
The Indiana-based engine manufacturer reported a 21 percent jump in revenue, to $5.57 billion.
The Indianapolis-based transmission manufacturer reported higher-than-expected revenue and profit in the latest period.
A sale of Jenbacher, which makes engines that generate power and heat for industrial facilities, is poised to be GE’s biggest to date in CEO John Flannery’s plan to reshape the company.
As the United States and China face off over tariffs and trade policy, some of Indiana’s most important industries are right at the center of the dispute.
Indianapolis-based Calumet Specialty Products Partners LP suffered a bigger loss in the fourth quarter than the company originally reported almost four weeks ago.
Indianapolis-based LDI, which invests in middle-market businesses, is rebuilding its portfolio after losing ownership of Motorsport Aftermarket Group late last year.
There’s trouble in toyland. Sales at the world’s three biggest toymakers—Lego A/S, Hasbro Inc. and Mattel Inc.—slumped during the crucial 2017 holiday season, and the outlook for 2018 isn’t much better.