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.
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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.
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.
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.