Evansville firm plans $17M fiber-optic network in Westfield
Metronet, a cable provider based in Evansville, has agreed to buy Inside Connect Cable and plans to spend $17 million to construct a fiber-optic network in Westfield.
Metronet, a cable provider based in Evansville, has agreed to buy Inside Connect Cable and plans to spend $17 million to construct a fiber-optic network in Westfield.
U.S. factories expanded last month at their weakest pace in a year, with orders, hiring and production all growing more slowly.
Calumet Specialty Products Partners lost $63.5 million in the fourth quarter, leading to an unprofitable year.
Company spokeswoman Courtney Boone said the Pittsburgh-based steelmaker plans to talk with affected workers and the United Steelworkers union about whether they will be transferred or laid off.
American Stair Corp. plans to invest $2.9 million to purchase, renovate and equip a 60,000-square-foot plant. State officials are offering $1.7 million in tax incentives.
Pendleton-based Remy International Inc. announced Thursday that it plans to acquire Maval Manufacturing Inc., a steering-system maker that employs about 210 people in northeast Ohio.
A union representative says General Mills is moving ahead with its plans to close a southern Indiana Pillsbury plant and a neighboring business that together employ more than 400 workers.
The Indianapolis-based manufacturer had sales of $544.4 million in its fourth quarter, an 11-percent increase over the same period of 2013. Profit rose to $50.5 million, up from $42.9 million.
The Indianapolis-area Rolls-Royce production facilities will handle the bulk of the work for three contracts totaling up to $442 million.
Multi-Color Corp. announced Friday that it's expanding operations its 120,500 square-foot manufacturing plant in Scottsburg.
New Albany's city council voted 5-2 on Tuesday in favor of a nonbinding resolution to offer General Mills financial incentives to keep its refrigerated baked goods plant open. The plant has about 400 well-paid employees.
The company said it would idle its Indiana Harbor Long Carbon facility March 1 and shut down its rolling mill in the next three months. Both facilities are in East Chicago.
General Mills announced earlier this month it planned to close its refrigerated goods plant that employs 400 by mid-2016.
The Pittsburgh-based steelmaker notified workers this week it would close East Chicago Tin for an unknown period. The finishing plant makes tin-plated metal largely for canned foods such as soup and vegetables.
Ardaugh Group plans to retain its 400 workers at the Winchester plant as it invests in a major upgrade.
The union that represents workers at a Pillsbury plant set for closure expects to meet next month with General Mills officials to discuss the plant’s future. The union represents 335 workers at the plant and 80 workers at a neighboring plant that could be impacted.
A Pakistani-backed company planning to build a $2.6 billion fertilizer plant in southwestern Indiana announced Thursday it has withdrawn its request for state economic incentives.
The plant manufactures crescent rolls, pizza dough and other refrigerated baked goods. It has been operated by General Mills since 1959.
The company announced plans for the $100 million factory in March, with officials saying they anticipated hiring more than 200 workers within five years.
The Seymour City Council this week approved a 10-year phase-in of property taxes for the investment by Valeo at its automobile lighting factory with about 1,600 workers.