Security products maker Allegion reports rising profit, revenue
The Ireland-based parent of Schlage Lock Co. LLC and Von Duprin LLC has its Americas headquarters in Carmel.
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Indiana, other states vie for big Foxconn display panel factory
Taiwanese electronics maker Foxconn’s plan to build a display panel factory in the United States has sparked a flurry of lobbying by states vying to land what some economic development officials say is a once-in-a-generation prize.
Illinois steel company proposes $35M move to Indiana
The company hopes to build a 250,000-square-foot production facility and office complex that could produce 250,000 tons of steel annually.
Westfield-based seat belt manufacturer adding 55 employees
Westfield-based manufacturer IMMI announced plans on Monday to hire more full-time workers to keep up with demand for lap-and-shoulder belts for school buses.
Donnelly profits from outsourcing he has criticized as senator
Indiana Sen. Joe Donnelly railed against Carrier Corp. for moving manufacturing jobs to Mexico last year, even as he profited from a family business that relies on Mexican labor to produce dye for ink pads, according to records reviewed by The Associated Press.
Fast-growing Fishers quality-control firm bought by Japanese companies
Founded in 2009, Stratosphere Quality pushed revenues to about $122 million last year. It employs about 2,300 workers in 22 states, including about 400 in Indiana.
Survey: U.S. factory activity rises to near a 3-year high
U.S. factories expanded at a robust pace in June, a likely sign of strength for the U.S. economy as new orders, production and employment each improved.
Retirement ‘bittersweet’ for union boss who challenged Trump
Chuck Jones grabbed headlines in December after he publicly accused then-President-elect Donald Trump of lying about how many jobs he was saving in a deal with furnace and air conditioner maker Carrier Corp.
Cummins to announce $80M in Columbus projects with state, local officials
One of the projects will be located at the global headquarters of the Fortune 500 engine maker, and the other will involve construction of a new railroad overpass in the city.
Indiana potato chip factory closes doors after 89 years
Peerless Potato Chips Inc., a renowned brand in northwest Indiana, has gone out of business.
Rexnord’s local plant closing delayed until September
Plant union president Don Zering said Thursday that about 110 workers remain at the factory, down from about 350 workers when the closing was announced in October.
2017 Indiana 100: Cummins aims to transform trucking through tech
Q&A with Sherry Aaholm, Cummins Inc.: “My mother, early on, taught me the value of hard work, the value of recognizing diversity, the value of recognizing engagement and the fact that you’re just as powerful to do what you want to do.”
Cummins to launch its first all-electric products in 2019
The Columbus-based company, known for its diesel engines, says it’s positioning itself for the future in alternative vehicle technologies.
No injuries reported in chemical spill at Indianapolis plant
The Wayne Township Fire Department said the spill of a chemical used in automotive adhesive was reported shortly after 4 a.m. Tuesday at Vertellus Specialties Inc. on the city's southwest side.
Auto industry supplier plans $40M manufacturing facility, 180 hires
Canada-based Multimatic Inc. says the 125,000-square-foot facility should be in operation in New Haven by the end of the year.
Swiss company settles in after blockbuster acquisition of Best Access
Stanley Black & Decker’s signs finally are coming down at the Best Access Solutions building at 75th Street and Binford Boulevard after a big acquisition in February by Dormakaba Group.
Indiana’s nation-leading steel production up 5 percent
The American Iron and Steel Institute said Indiana was the top steel-producing state for the 42nd straight year during 2016.
New use hoped for polluted area parts plant
The site in Noblesville has gone unused since Bridgestone Firestone closed its 300-worker air-spring manufacturing plant in 2009.
Hurco reports profitable quarter on higher revenue
Hurco said the overall rise in sales was “primarily attributable to an increased sales volume of vertical milling machines from all product lines.”
U.S. auto sales drop for fifth straight month
Economic fundamentals all look good, but sales still are likely to fall this year because pent-up demand for new cars has been satisfied and many people have decided to keep their automobiles longer.