Sony disc plant in Indiana to eliminate about 375 workers
A company official said the changing home-entertainment market has taken a toll on the plant, which manufactures movies and video-game discs.
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Hurco caps record year for sales, orders with robust quarter
Sales and profit at Hurco were lifted by strong demand for its products in Europe, especially Germany, France and the United Kingdom.
Autocar Trucks lays off 70 workers at Indiana plant
An Indiana company that makes terminal tractors and yard trucks used primarily in the freight industry has eliminated nearly six dozen workers.
Centerfield raises $310M, includes 2 local companies among investments
The local recipients are produce distributor IF&P Foods, parent of Indianapolis Fruit and Piazza Produce; and Wild Sports, which makes sports-themed tailgating games and accessories.
U.S. manufacturers close out 2017 with bang
U.S. manufacturers have been helped this year by a solid global economy and a decline in the dollar's value, which helps to make exports more competitive abroad.
Calumet Specialty shows $23M loss in delayed quarterly report
The Indianapolis-based refinery company said Hurricane Harvey supply-chain disruptions and trouble with a new software system hurt its performance.
Honda to add third model to lineup at Greensburg plant
The automaker will debut a prototype of the 2019 Honda Insight at the North American Auto Show on Jan. 15. Manufactured in Greensburg, the high-end hybrid is set to hit the market next summer.
Nestle plans to invest $79.5M at central Indiana facility
The Anderson City Council is considering a tax abatement on the investment, which is expected to create 30 jobs.
Indiana manufacturers seek incentives to attract more workers
Low unemployment in Indiana is making it difficult for manufacturers in the state to find workers, especially those qualified in high-tech fields.
Packaging firm BoxUp capitalizing on ‘unboxing’ trend
Indiana-based BoxUp lets consumers customize cardboard boxes with their own logos, photos and designs and then order small (or large) quantities with a few clicks of the mouse.
Calumet Specialty warned by Nasdaq for delaying quarterly report
Indianapolis-based Calumet Specialty Products Partners announced Nov. 10 that it was “in the later stages of an enterprise resource planning (ERP) system implementation,” which delayed the third-quarter report.
Carrier delays, reduces upcoming Indianapolis layoffs
Carrier said Tuesday the layoffs originally planned for Dec. 22 will now occur Jan. 11 and affect fewer workers than expected.
Indy-based heating-and-cooling firm under new ownership
After 33 years, the maker of industrial heat-exchange equipment will fuse to a similar German manufacturer.
Jeffboat to idle 278 workers at Indiana shipyard
The barge and towboat manufacturer Jeffboat LLC notified the Indiana Department of Workforce Development of the layoffs, citing slumping demand.
Allison Transmission raises forecast after solid quarterly report
Allison Transmission Holdings Inc. raised its full-year sales projections after reporting better-than-expected revenue and earnings in the third quarter.
Cummins sees big surge in quarterly sales, earnings
The Indiana-based manufacturer outpaced Wall Street expectations with a 26 percent increase in revenue and 57 percent rise in profit in the third quarter.
Indiana out of running for Toyota-Mazda plant, officials say
Toyota and Mazda announced in August that they planned to spend $1.6 billion on a U.S. plant that would employ up to 4,000 workers.
U.S. industrial production rises despite hurricanes
Manufacturing of automobiles, home electronics and appliances advanced in September in a positive sign for consumer spending.
Cummins to acquire Oregon-based battery-pack developer
Cummins said the acquisition is an “important milestone” as it works to introduce its first all-electric engines.
Manufacturer plans $8 million plant, 87 jobs in Westfield
A locally-based subsidiary of Japan-based Toyota Industries Corp. plans to spend $8 million to build a 90,720-square-foot factory east of U.S. 31 near 196th Street.