Allison profit upshifts on North American demand
In its second quarter, the Indianapolis-based manufacturer of transmissions and propulsion systems rode accelerating sales for rugged-duty, student transport, and hydraulic fracturing equipment.
Manufacturers
Articles
Drone startup off to flying start
Two friends and drone enthusiasts in 2012 hatched the idea, as a side gig, to build flying devices small enough to fit in a briefcase. But the idea shifted to a full-scale manufacturing operation that will launch in mid-August and is projected to produce up to $10 million in revenue next year.
Tower maker gets OK for factory, plans to hire 600
Nello Corp., a South Bend firm that manufactures steel towers, plans to sink about $60 million into the project.
Telemon unit acquires automotive manufacturer
Westbrook Mfg., founded in 1977, makes electro-mechanical assemblies and wiring harnesses for the automotive industry at its manufacturing plant in Fresnillo, Mexico. The company has about 400 workers.
Medical device maker to hire 112 in Plainfield
Global firm Covidien LP plans to consolidate U.S. operations for servicing its medical devices in central Indiana, renovating its existing 70,000-square-foot facility in the process.
Breweries turn to outside investors to underwrite growth
Six breweries and two distilleries in Indiana have sought outside investments since January 2013, a few of them multiple times, federal records show. That’s up from just one brewery in both 2009 and 2010.
Cummins building new southern Indiana tech center
Engineers from several locations will be based at the $70 million center about 50 miles south of Indianapolis, and more than 600 people could be working there when it is completed next year.
FDA prepping long-awaited plan to reduce salt
Food companies and restaurants could soon face government pressure to make their foods less salty for health reasons.
Pile of dirt standing in way of jet-engine plant
The dirt is left over from previous construction near the site at the Lafayette industrial park where GE Aviation intends to build a 225,000-square-foot plant.
ConAgra expanding Indiana popcorn facility
ConAgra Foods says it will spend nearly $9 million to expand its popcorn production operations in northwestern Indiana, where it expects to add up to 80 workers in the coming year.
State excels in manufacturing and logistics, but issues loom
Indiana’s sectors are among the strongest in the nation, according to a recent report. But challenges remain in work force education, the cost of worker benefits, and the pace of innovation.
Faucet maker Delta changes presidents
Carmel-based Delta Faucet Co. has a new president after a pair of promotions by parent company Masco Corp., the companies announced.
Calumet acquires $25M stake in Louisiana plant
Calumet Specialty Products Partners LP plans to spend $25 million acquiring a 22-percent stake in a gas-to-liquids plant in Louisiana.
Subaru starts building new SUV model in Lafayette
Factory workers gathered Monday to celebrate the first day of production on the 2015 model, which is among three Subaru vehicles built at the 3,600-worker plant.
Auto parts maker adding jobs at Muncie factory
Magna Powertrain plans to spend more than $15 million on new equipment for a Muncie factory where it expects to add as many as 50 workers in the coming year.
Local 3D firm develops printer-based curriculum
To help promote interest in engineering, 3D Parts Manufacturing is working with schools to set kids loose on 3D printers. The plan also is developing into a business model.
UPDATE: Manufacturer plans $110M expansion, 329 jobs
Alcoa Howmet factory in LaPorte, which makes castings for the aerospace and industrial gas turbine industries, will receive local and state tax breaks in return for job commitments.
Isotope maker plans $40M project in Noblesville
Radiopharmaceuticals maker Zevacor Molecular plans to open a $40 million isotope-production facility in Noblesville, creating nearly 50 good-paying jobs within five years.
Government fines GM maximum $35M in safety case
It's the maximum penalty that the government can impose and the first time an automaker has been fined that much. But the amount is less than a day's revenue for the automaker.
Tower manufacturer plans 639 jobs in Indiana expansion
Nello Corp. Inc., a designer and manufacturer of galvanized steel towers and poles for the wireless industry, plans to move its Fort Worth, Texas, operations to Indiana, the state announced Thursday morning.