Motorsports firm to close Brownsburg manufacturing site
The California-based company will cease production at the facility by the end of the year, laying off about 70 employees. Its performance racing division will remain in Brownsburg, however.
Manufacturers
Articles
Hoosier firms helping NASA chase lofty goal to send astronauts to Mars
In its quest to send people to Mars, NASA’s road to the Red Planet passes straight through central Indiana.
Entrepreneur sees lucrative future in HVAC for pot
Developing and selling cutting-edge products is tough. Doing so for the marijuana industry, which is illegal at the federal level, is even tougher.
Del Monte closing Indiana plant, shifting work to California
Del Monte Foods plans to close a northern Indiana tomato processing plant with 107 full-time workers.
Strong U.S. demand helps boost Hurco quarterly sales, profit
Indianapolis-based manufacturer Hurco Cos saw increased sales of vertical milling machines from all product lines in the United States.
Allison Transmission selects its next CEO from inside C-suite
The Indianapolis-based manufacturer’s current chief financial officer will succeed Lawrence Dewey following Dewey’s retirement next year.
IUPUI gives hoops coach Gardner contract extension through 2020
Jason Gardner is 37-58 in three seasons at the school. But with the 1999 Indiana Mr. Basketball Award winner in charge, the Jaguars have improved their victory total each successive season.
Donnelly sells stock in family company after furor over Mexico plant
Sen. Joe Donnelly’s reelection campaign says he signed over his stock in the company on Aug. 11 for $17,410 and plans to donate the proceeds to 10 different charities across Indiana.
Dow Agro engaged in fight to replace trans fats with healthier options
Partially hydrogenated oils, the main source of artificial trans fat and an invisible mainstay of the American food industry for decades, are on the verge of being totally pushed out in favor of better alternatives.
U.S. durable goods orders post biggest drop in three years
Orders for long-lasting manufactured goods sank 6.8 percent in July, but the numbers were warped by a 19 percent drop in orders for transportation equipment.
University Loft calls out rivals as cheaters, lowers legal boom
Competitors in the business of making low-cost furniture for dorm rooms and military bases keep accusing one another of fraud.
China’s Great Wall considers bid for Fiat Chrysler Jeep unit
Chinese SUV maker Great Wall Motors is considering making a bid to buy Fiat Chrysler's Jeep unit, in a possible ambitious new step onto the global stage for China's fast-growing auto brands.
University Loft accused of overbilling military for canceled furniture order
The complaint seeks more than $800,000 in damages and penalties from Greenfield-based University Loft, one of the nation’s biggest suppliers of college dorm room and military base furniture.
Calumet to sell its Wisconsin refinery for $435 million
Shares in Indianapolis-based Calumet Specialty Products Partners jumped Monday after it announced the sale of the crude oil refinery.
Trailer-maker Wabash National buying Goshen manufacturer for $364M
Lafayette-based Wabash said the purchase of Supreme Industries, a maker of truck bodies, advances its diversification strategy.
Local Adidas sports-apparel plant lays off dozens
Despite the layoffs and the loss of several major contracts at the east-side manufacturing plant, Adidas officials say they intend to continue operating and investing in the facility.
TreeHouse Foods to close 150-worker Indiana pickle plant
Packaged food company TreeHouse Foods plans to lay off about 375 workers overall and close factories in Indiana and Minnesota in an effort to cuts costs.
Japanese casting company plans $8M facility in Shelbyville
It will be the first U.S. production facility for Kimura Group, which makes castings for automotive and industrial customers.
Cummins misses expectations with earnings despite big jump in revenue
Cummins Inc. missed Wall Street expectations with its bottom line, but raised its outlook for the full-year.
Allison Transmission reports big jump in quarterly numbers
Allison Transmission Holdings Inc. on Monday reported profit and revenue in the second quarter that exceeded the expectations of stock analysts.