Kimball acquires family of Indy manufacturers for $11.8M
Jasper-based Kimball Electronics has taken on 165 employees after buying a firm and its subsidiary in separate deals.
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Sun King beer makes statewide move to grocers’ shelves
With $2 million in improvements to its Indianapolis brewery, Sun King now plans to distribute its Sunlight Cream Ale and Wee Mac Scottish Ale to grocery and convenience stores across Indiana.
Indy to host aerospace conference in 2018
The Aerospace Industries Association plans to host its Supplier Management Council conference in Indianapolis in the spring of 2018, state officials announced Tuesday from a prestigious airshow in England.
Rolls-Royce lands $216M contract for fighter jet lift systems
Most of the work will take place at the manufacturer’s Plainfield and Indianapolis facilities.
Noblesville’s development strategy emphasizes local company expansions
The city’s investment in the retention and expansion of more mature, existing businesses has been paying off.
VW’s diesel emission scandal could mean business for Cummins
Volkswagen AG’s diesel emission scandal might be one of the best things to happen to American air quality. It also could mean new business for one of the state’s largest manufacturers.
Hostess Brands, four years after bankruptcy, planning IPO
The maker of Twinkies and Ding Dongs, which operates a major plant in Indianapolis, has been reborn under new ownership after crashing in 2012 under a barrage of labor issues and rapidly changing appetites.
Calumet Specialty Products sells off money-losing refinery
Struggling Indianapolis-based oil company Calumet Specialty Products Partners announced Tuesday that it has sold its interest in a $430 million refinery that it co-developed in North Dakota.
UPDATE: Volkswagen reaches $15B emissions-cheating settlement
The figure would be the largest auto scandal settlement in U.S. history. An estimated 6,638 Volkswagen customers in Indiana could be eligible for estimated compensation of $66 million, Indiana’s attorney general said.
Plastics manufacturer plans $6M expansion in Noblesville
Metro Plastics Technologies Inc. plans to leave the plant where it’s been housed for 35 years to move into a newly built facility.
Japanese manufacturer plans $50M plant, 70 jobs in Indiana
Japan’s largest steel producer announced plans Tuesday to open a subsidiary in Shelbyville in a plant that is expected to be fully operational by spring 2018.
Subaru of Indiana recruits soldiers from Kentucky
An Indiana auto assembly plant and economic development officials have turned to Fort Campbell, Kentucky, to find employees.
E-cigarette players fume over favored security firm
The state has effectively put a single private firm in charge of deciding which companies can seek a permit to manufacture e-cigarette liquids sold in Indiana.
Hillenbrand CEO says company focuses on attracting top talent
Joe Raver says a company is “only as good as its talent.”
GE plans to close Bloomington refrigerator plant, end 329 jobs
The company announced the planned closing Wednesday, citing falling demand for the side-by-side refrigerators manufactured at the plant.
Indiana gains ground in Fortune 500 amid shuffle among elite
Indianapolis-based Simon Property Group Inc. and Warsaw’s Zimmer Biomet Holdings vaulted back among the top 500 this year, while local oil refiner Calumet Specialty Products Partners plummeted.
WWII-era Navy plant modernizes, expands
The local operation of multibillion-dollar defense contractor Raytheon Co. has become the sole location for some key Raytheon programs, including modernizing outdated military vehicles.
Vertellus Specialties bankruptcy sets stage for sale
The Indianapolis-based maker of Deet insect repellent and a slew of specialty chemicals already has an offer worth $453.8 million.
Hurco turns quarterly profit on higher revenue
The Indianapolis-based manufacturer received a $4.5 million bump in sales from the businesses of Milltronics Manufacturing and Takumi Machinery Co., which Hurco acquired in July 2015.
CTS to end production at Indiana HQ, cut 230 jobs
CTS said the end of Elkhart production is part of a corporate-wide simplification strategy dating to 2013.