Hurco sees drop in sales, profit in latest quarter
Sales dropped 4 percent in Europe, the company’s biggest market, to $32.3 million. North America sales fell 6 percent, to $16.7 million.
Manufacturers
Articles
Cummins sues T-shirt sellers for logo infringement
Cummins Inc., the Indiana-based maker of truck engines, has sued three named and 10 unnamed defendants for trademark infringement. The company claims the defendants are making and selling T-shirts bearing its trademarks without permission.
GM to invest $1.3 billion in five factories
An Indiana plant will get $29.2 million to make parts for 10-speed transmissions and for six-speed transmission components. The Bedford facility has about 600 workers.
Pence: State vying for Boeing airplane facility
Indiana is among 15 states competing for a $10 billion Boeing airplane manufacturing and assembly facility that could employ up to 8,500 workers by 2024.
Cummins plans wellness center for employees
The facility in Columbus would be the first of its kind for the company. Should the concept prove successful, Cummins will consider similar arrangements in other areas with Cummins plants, said Dr. Dexter Shurney, chief medical officer for Cummins.
Shoe maker targets Indiana for 184 customer-service jobs
The maker of Stride Rite, Sperry Top-Sider, Hush Puppies and Keds footwear plans to expand operations in Richmond, creating 184 jobs by 2017 and retaining 130 workers in the city about 65 miles east of Indianapolis.
Calumet acquires New Jersey lubricant maker
Bel-Ray Co. deal brings East Coast ports to Indianapolis-based Calumet.
Spinoff of Allegion nets Carmel a publicly traded giant
Carmel has gained a publicly traded company large enough to knock retail legend J.C. Penney off the Standard & Poor’s 500 Index.
Book captures Madison County’s automotive history
When America was making the transition from horse and buggies to the horseless carriage at the start of the 20th century, the city of Anderson was a part of the innovation that changed how the nation would travel forever.
Food company delays plans for $28M Indiana plant
Sugar Creek Packing Co. officials say the delay is needed because of changes in construction plans for a sewage-treatment plant at the former Really Cool Foods plant near Cambridge City.
Loss of Camry production in state not certain, exec says
Toyota Motor Corp.’s top North American executive said the carmaker hasn’t decided to end a production deal that supplies it with 100,000 Camry sedans annually from Fuji Heavy Industries Ltd.’s U.S. Subaru plant in Lafayette.
U.S. factory production rises for 3rd straight month
Manufacturing output rose 0.3 percent last month, up from 0.1 percent in September, the Federal Reserve reported Friday. Overall industrial production, however, fell 0.1 percent.
Apparel maker plans to boost operations, hire 28
Founded in 1987, Indy-based Motionwear LLC currently employs more than 180 full-time workers and already has begun hiring new manufacturing, administrative, sales and warehouse employees.
Denver company completes Chromcraft acquisition
Apparel maker Sport-Haley Holdings Inc. has closed its $3.45 million purchase of Indiana-based furniture maker Chromcraft Revington.
Manufacturer to close Indiana plant with 110 workers
PolyOne’s Designed Structures and Solutions division in Warsaw will begin terminating employees Jan. 6, the company said in a filing received Thursday by the Indiana Department of Workforce Development.
Startup bakery seeking tax breaks on $78M project
Dallas-based Specialty Bakery LLC plans to build a 226,778-square-foot production and distribution facility in southwest Indianapolis that would create 241 jobs by 2018.
Rolls-Royce opens $42M production facility
The facility, which will make engine compressor parts known as banded stators, is expected to employ about 100 high-tech personnel by next year.
Printing facility to close, terminate 150 employees
Big changes in the media industry have dramatically lowered the amount of work available for Multi Packaging Solutions Inc.’s printing plant in Terre Haute.
Rolls-Royce contractor grows on southwest side
Belcan Corp. has hired about 20 people this year and expects to keep adding to its local work force over the next several years as it continues to provide engineering services to Rolls-Royce, its largest local customer.
GE, union talks save jobs at Bloomington plant
About 130 workers at the GE Appliances factory will no longer have jobs effective Friday, although that number is down from about 160 jobs the company announced in early September.