Label manufacturer pledges 154 jobs, $13M investment
Multi-Color Corp. announced Friday that it's expanding operations its 120,500 square-foot manufacturing plant in Scottsburg.
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Indiana city advances $7M bond for Pillsbury plant
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.
ArcelorMittal to lay off 304 in steel plant closing
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.
Indiana city to consider $7M in incentives to keep plant open
General Mills announced earlier this month it planned to close its refrigerated goods plant that employs 400 by mid-2016.
U.S. Steel to idle mill, lay off 369 Indiana workers
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.
Global glassmaker to invest $71M in Randolph County plant
Ardaugh Group plans to retain its 400 workers at the Winchester plant as it invests in a major upgrade.
Union to talk about Indiana Pillsbury plant set to close
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.
Indiana fertilizer plant not seeking state incentives
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company planning to build a $2.6 billion fertilizer plant in southwestern Indiana announced Thursday it has withdrawn its request for state economic incentives.
Pillsbury plans to close 400-worker New Albany plant
The plant manufactures crescent rolls, pizza dough and other refrigerated baked goods. It has been operated by General Mills since 1959.
GE Aviation starts hiring at Lafayette engine plant
The company announced plans for the $100 million factory in March, with officials saying they anticipated hiring more than 200 workers within five years.
Auto parts plant preps for $11M investment
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.
IndyCar speeding toward faster times in 2015
One of the big storylines for the next IndyCar Series season is taking shape in the form of speedy new aero kits. But timelines for teams to get kits ready for racing will be tight.
Navistar closing local foundry with 180 workers
The foundry, located on the city’s east side at 5565 Brookville Road, produces engine blocks and heads. Navistar said the closure process will take place during the first half of 2015 and be completed in the summer.
After setbacks, Klipsch amps up focus on high end
The Indianapolis-based speaker maker is responding to challenges in its industry by returning to its roots—emphasizing premium products, including home speaker systems costing $2,500 to $10,000.
Chrysler plans $266M spending for Indiana plants
The Kokomo City Council voted unanimously Monday night to give initial approval for a 10-year property tax abatement to Chrysler. The automaker said the break would help it retain 212 jobs with a combined salary of $9.8 million.
Growth-minded Vertellus buys Dow Chemical unit
Indianapolis-based chemical producer Vertellus Specialties Inc. has announced its second big acquisition in as many months, in a deal believed to be worth as much as $200 million.
Cummins debuts design for 10-story downtown tower
Officials for the Columbus-based engine maker are planning a $30 million development, including 164,000 square feet of office space, a conference center, parking garage and lots of public greenspace.
Recreational vehicle industry picks up momentum
Employment among manufacturers, suppliers, dealers and service departments has bounced back since the recession. That’s good news for Indiana, which accounts for 83 percent of RV production.
U.S. factory output slips a tad, but still healthy
U.S. factories were slightly less busy in November, as production and hiring slowed, although the level of activity remained strong.
Revenue has nearly tripled in past two years for blood-test maker
PTS Diagnostics engineered an about-face on its business plan five years ago, ditching its retail strategy to focus on serving physicians and nurse practitioners. This year, PTS is on pace to record revenue of nearly $50 million, up from $17 million two years ago.