The person hired for the position is expected to help workers from Carrier Corp. and Rexnord Corp. who are about to lose their jobs—along with trying to help revitalize old industrial sites.
Saran, which does industrial finishing and machining work, told the Indiana Department of Workforce Development that it expects to close the local facility by June 30.
The Indianapolis-based manufacturer was encouraged by a big increase in orders during its latest quarter.
The exact reason for the raid was unclear, but the manufacturer told the SEC in a filing last month that the IRS believes it owed $2 billion more in taxes for the years 2010 to 2012 due to profits from its Swiss unit.
NTN Corp. and state economic development officials announced Friday that NTN subsidiary NTK Precision Axle Corp. plans to break ground on the 300,000-square-foot facility this spring.
With almost all carmakers heaping on the discounts to keep the U.S. auto market at a plateau, Subaru just notched its 63rd straight monthly sales gain, with minimal incentives to get customers in the door.
Daechang Seat Co. is seeking tax breaks from the city for its plans to invest $16.8 million in a production facility and establish a base of operations in America.
The bill is part of a larger discussion lawmakers are having about the $1 billion in state and federal funding that nine Indiana agencies spend on some 30 workforce development programs.
Employees at 45 Indiana workplaces—including 11 in the Indianapolis area—applied for federal assistance in the past 13 months because they believed they were victims of trade-related job losses.
The Indiana-based engine manufacturer saw sales sink during the fourth quarter and the entire year.
Allison Transmission Holdings Inc. on Monday topped analyst expectations for profit and revenue in the fourth quarter.
Toyota Industries Corp. is getting into the logistics business, and it’s buying Indianapolis-based Bastian Solutions LLC to get a jumpstart in the sector.
The company, which expects to nearly double its current employee count, began renovations to its facilities in late 2016 and could begin operations this month.
International Vending Management Inc. has been winning the affection of industry titans in and around the tech hotbed lately, and it sees plenty of room for growth.
For years, medical-device makers in Indiana and around the nation have insisted that the 2.3 percent tax on sales to help fund the Affordable Care Act has hurt business and slowed innovation.
Thor Industries Inc. has announced plans to expand its northern Indiana operations of recreation vehicle manufacturer Jayco and add more than 300 workers.
With the shutdown of Rexnord Corp.’s local bearings plant just months away, union officials are planning a rally next week to highlight the workers’ plight. Meanwhile, employees have received approval for federal job relocation aid.
Voxx International Corp.’s Premium Audio segment—essentially Klipsch—has seen three straight quarters of strong sales growth, including a 27-percent showing in the latest quarter.
The factory will be able to build 40,000 more Highlanders per year when the expansion is finished in the fall of 2019.
One of the largest employers in an Indiana county plans to lay off about 70 workers and move some production to out-of-state factories.
