Calumet Specialty hires energy industry vet as CEO
Timothy Go was most recently vice president of operations at Wichita, Kansas-based Flint Hills Resources LP, a subsidiary of Koch Industries Inc.
Timothy Go was most recently vice president of operations at Wichita, Kansas-based Flint Hills Resources LP, a subsidiary of Koch Industries Inc.
Saran Industries announced Tuesday that it would spend $4.4 million to lease and renovate a 250,000-square-foot facility, hiring up to 60 workers over the next four years.
The plant in Winchester, east of Muncie, has been the North America branch for Japanese manufacturer Marujun since 1999. The closing process will begin next month and finish late next year.
The Indiana-based seller of handbags surprised Wall Street with better-than-expected financial results for its fiscal second-quarter and boosted its earnings outlook for the year.
Pendleton-based auto-parts maker Remy International Inc. did squeeze some extra cash out of its acquirer, Auburn Hills, Michigan-based BorgWarner Inc.—but not a lot.
The city’s Regional Center Hearing Examiner approved the reduction Thursday. Cummins officials said the change will make the layout of the building more efficient.
Heartland Food Products Group announced Tuesday that it plans to acquire low-calorie sweetener brand Splenda, creating the need for a major expansion at its Indianapolis-area operations.
The company makes entry doors and security products that almost everyone has used but the company remains not that well known.
Brian Burton says government spends too much time trying to sell training ideas it has developed rather than involving employers in the process early on.
U.S. Steel, Nucor are among the companies that say steel imports are sold at unfairly low prices that make it difficult to compete.
Hoist Liftruck Mfg. Inc., which is based in the Chicago suburb of Bedford Park, plans to spend more than $40 million to set up manufacturing operations in East Chicago.
Calumet Specialty Products Partners LP turned in a moneymaking second quarter, rebounding from a loss in the same period of 2014, the company reported Wednesday morning.
The Pendleton-based manufacturer of electric motors on Monday reported revenue of $272 million in the period, down from $302.9 million last year.
Hurco Cos. Inc. plans to move some of its manufacturing operations from Italy to Indianapolis, creating 35 local jobs by the end of 2017, the company disclosed in a tax-abatement request with the city.
Exports are contracting, partly because a strong dollar makes U.S. goods more expensive.
Shares in Cummins Inc. had their biggest intraday rise in nine months Tuesday morning after the Columbus-based maker of heavy-duty engines reported second-quarter profit and revenue that beat analyst estimates.
Allison Transmission Holdings Inc. saw revenue and sales slip in the second quarter as global demand for its products waned, the Indianapolis-based manufacturer announced late Monday.
Volkswagen overtook Toyota in global vehicle sales for the January-through-June period, the first time the German automaker has come out top in the intensely competitive tallies.
Orders to U.S. factories for big-ticket manufactured goods posted a sizable gain in June, while business investment rebounded after two months of declines.
The Indianapolis-based manufacturer will supply Klipsch Image One headphones to be part of a rear-seat DVD entertainment system for Cadillac’s 2015 and 2016 Escalade Platinum edition.