Work stops on Greenwood pharmaceutical plant
Greenwood officials three years ago approved $8.4 million of incentives for the Elona Biotechnologies project, including the construction loan.
Manufacturers
Articles
New owner shutting down 520-worker Indiana plant
Allied Specialty Vehicles announced Thursday it was buying Monaco RV and shifting production to a factory in Decatur, near Fort Wayne. The 520 jobs lost in Wakarusa won't be replaced on a one-to-one basis.
Aerospace company plans central Indiana factory expansion
L&E Engineering Co. officials say the company will spend $3.7 million to expand its Greenwood factory and add about 40 employees.
Bloomington manufacturer closing, laying off 72
Hartmann USA said Wednesday that it will move the Bloomington operations to its U.S. headquarters in Rock Hill, S.C., where it plans an $18 million expansion.
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.
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.