Rolls-Royce to produce engines for new reconnaissance copter
Indianapolis manufacturing operations will provide cutting-edge engines for the latest generation of helicopter drones to be used by the U.S. Navy.
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Cummins earnings widely miss predictions
The Indiana-based engine maker announced a larger-than-expected drop in quarterly profit Tuesday morning, as revenue fell 12 percent on weak demand for its products in domestic and international markets.
International Paper to fold local plant, laying off 91
The shutdown is the latest in a recent string of layoffs and closures by the global company in its Indiana operations.
Hostess to open bakery in Indianapolis
Hostess Brands LLC said Monday that it will open bakeries in Indiana and Illinois, following announcements last week that it will reopen bakeries in Georgia and Kansas in its effort to bring back some of its snack brands.
Dow AgroSciences grows sales, earnings to new heights
Record sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences LLC in its new fiscal year.
Execs at Chromcraft Revington enter talks to buy firm
Members of the management team are in negotiations to buy the West Lafayette-based furniture maker, which recently moved to delist from the New York Stock Exchange.
Grand Design RV plans 500 jobs in Elkhart County
Grand Design RV in Middlebury on Thursday said it plans to locate its headquarters and manufacturing operations in the Elkhart County town about 30 miles east of South Bend.
Lilly’s $30.6M tax abatement request clears hurdle
The pharmaceutical firm has $400 million in projects in the works for its facilities south of downtown. City officials have advanced its request for tax breaks to a public hearing and final consideration May 1.
Lafayette key to Subaru ending dealer shortages, exec says
Fuji Heavy Industries Ltd., the Japanese maker of Subaru cars, intends to end a shortage of its vehicles at U.S. dealerships soon by expanding capacity at its Lafayette plant.
Allison expects 50-percent drop in quarterly earnings
The Indianapolis-based transmissions manufacturer said its profit would be hurt by a steep drop in revenue in the first quarter.
Indiana furniture maker to exit stock exchange
The board of directors of Chromcraft Revington Inc., a West Lafayette-based designer and manufacturer of furniture, has decided to pull its shares from the New York Stock Exchange.
Lawmakers hope to woo gun manufacturers to Indiana
Two resolutions, including one that passed the House on Tuesday, aim to attract gun manufacturers to Indiana by touting the state’s tax climate and gun-rights laws.
Indiana bottle maker pushing for refund law
A central Indiana company that makes glass bottles and jars is urging state lawmakers to pass legislation requiring refundable deposits on beverages sold in recyclable bottles and cans.
Indiana corn dog maker with 87 workers closing
A company founded more than 50 years ago as Al Pete Meats is closing its doors, ending 87 jobs.
Toyota model made in Indiana getting sleek overhaul
Toyota Motor Corp. is revamping the Highlander SUV, turning the car-based crossover into a more wagon-like model as the automaker seeks to keep its U.S. sales rising for a third consecutive year.
Calumet goes back to market with public offering
The Indianapolis-based petroleum refiner plans to use proceeds from the 5.3 million unit stock offering for working capital, acquisitions and possibly the redemption or repurchase of debt.
Rolls-Royce late with key part for F-35 fighter
Rolls-Royce Holdings Plc was an average of 160 days late last year in delivering equipment needed for the U.S. Marine Corps version of the F-35 fighter to hover and land like a helicopter, according to the Pentagon.
Company taps sports market with bacteria-stalking chemical
Anderson-based Coeus Technology has invented a chemical that kills dangerous bacteria, including potentially deadly staph, by forming a germ-killing barrier that lasts two weeks to six months.
Hillenbrand CEO Camp to step down in September
Kenneth Camp helped transform Batesville-based Hillenbrand Inc. from a $650 million casket company serving North America to a $1.6 billion global diversified industrial company.
Chinese-owned factory in Lafayette adding jobs
Work on the aluminum-components plant began a couple years ago. It now has about 80 workers.