An economist at Ball State University warned of another recession at Conexus Indiana's annual state of manufacturing and logistics report Tuesday morning. Both sectors, however, contribute strongly to the state's economy and earned "A" grades in the latest report.
Herff Jones Inc. of Indianapolis has decided to close a yearbook manufacturing plant that employs 130 people in Matthews, N.C., by the end of the year.
The AM General factory in northwest Indiana started building the MV-1 car last year for the Vehicle Production Group.
NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional equipment for its 1-million-square-foot facility.
On the cusp of realizing the end result of a historic, $1.3 billion investment in Kokomo's plants, Chrysler officials here and in Detroit, Mich., are riding high.
Rolls-Royce plc announced Friday that it will acquire the remaining half of Aero Engine Controls, which designs control systems for aircraft.
Indianapolis-based manufacturer Hurco Cos. Inc. on Friday reported a 26-percent rise in profit in the second quarter on growing revenue.
Work could start this month on a new turkey processing plant in southwestern Indiana a company expects to open with about 350 workers.
The Warsaw area is well-known as the home of gigantic orthopedic implant companies and their suppliers. But now a handful of startups have been able to raise nearly $25 million in equity investments despite the recession—putting a bit more fuel into a fairly stagnant entrepreneurial sector.
Recovery in manufacturing—one of Indiana’s best-paying employment sectors—has been a much celebrated change after years of decline. But many of those jobs are returning with lower wages as employers keep up with growing global competition.
Indianapolis-based Petroleum refiner Calumet Specialty Products Partners LP is buying high-performance lubricants maker Royal Purple Inc. of Porter, Texas, for about $335 million, the companies announced Wednesday morning.
Environmental control maker Jackson Systems LLC plans to expand its Beech Grove operations, almost doubling its work force and the size of its headquarters by 2014.
Rolls-Royce Corp. lost a bid Monday for dismissal of a whistle-blower lawsuit pressed by two former quality-control officers claiming the company cheated the United States by failing to report defense-contract product defects.
David Roberts, the company's intellectual property lawyer since January 2011, is the new CEO. Richard Quirin, who was chief financial officer at IMMI, a seatbelt maker based in Westfield, is the new CFO.
Indianapolis-based holding company Schwarz Partners LP has formed a joint venture with The Kraft Group LLC to buy two major paper mills from industry giant International Paper Co. The mills are part of a three-mill sale worth $470 million.
Really Cool Foods closed the 78,000-square-foot facility in November and is searching for a buyer to help repay creditors. One potential suitor is Sugar Creek Packing Co. of Ohio, which has offered $13 million, according to a bankruptcy filing.
Some manufacturers favor legislation that would encourage consumers to return their empties.
Melina Kennedy has joined the diesel engine maker’s corporate communications team and will be responsible for executive communications, research and speechwriting for CEO Tom Linebarger.
Indianapolis-based speaker maker now owned by Voxx International posted year-end sales of $169.5 million, which appeared to be flat compared with prior periods.
ConAgra Packaged Foods LLC is seeking city tax incentives as part of a $44 million plan to upgrade its plant on the northwest side of Indianapolis and retain 392 workers.
