Indianapolis-based Calumet Specialty Products Partners LP said Wednesday morning that a major refinery acquisition helped company revenue and profit soar in the fourth quarter as compared to the same period in 2010.
Rolls-Royce Holdings Plc, the world’s second-largest aircraft-engine maker, said profit rose in line with estimates, buoyed by a backlog of orders from Boeing Co. and Airbus SAS.
Hoosier Gasket Corp. hopes to land more business in Russia, where a growing middle class and new financing options are fueling the automotive market.
Toyota Motor Corp. said Wednesday afternoon it would add 400 jobs in Princeton after consolidating production of its Highlander mid-size SUV.
Newnan, Ga.-based Bon L. Manufacturing Co. is set to close its facility in Kentland by mid-June, throwing 146 employees out of work.
Columbus-based diesel engine maker Cummins Inc. reported record results for 2011, earning $1.85 billion on revenue of $18 billion.
Indianapolis-based New Sunshine, which is owned by a group led by former Conseco Inc. CEO Stephen Hilbert, said it will add 180 jobs by moving a manufacturing facility from Tempe, Ariz.
U.S. medical device makers have spent the last year urging government officials to approve high-risk products faster, like their European counterparts. A scandal over leaking breast implants made in France, however, may make the argument more difficult.
Strong sales in North America and Europe helped the Indianapolis-based machine-tool maker.
The purchase included 22 acres of land and a factory in Louisiana, Mo.
A longtime Indianapolis-based Peterbilt dealer is suing California-based Utility Trailer Manufacturing Co. for allegedly blocking the sale of the dealership’s trailer sales arm.
Klipsch Group parent company Voxx International Corp. said its earnings nearly doubled in its fiscal third quarter, thanks in part to the Indianapolis-based speaker maker it acquired last year.
In a world that likes to see businesses grow by leaps and bounds, LDI Ltd. is a tortoise. The family-owned holding company typically hangs onto firms in its portfolio for 15 years or more. It might take more than two years to zero in on an acquisition target. And it’s putting its next CEO, J.A. Lacy, through a year-long apprenticeship.
ASI Limited informed an estimated 250 employees by letter that the company was no longer profitable. The manufacturer’s high-profile projects include Lucas Oil Stadium and the JW Marriott hotel.
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
Atlanta-based Georgia Gulf Corp. has told state officials it expects in March to shut down the Royal Building Products factory in the Kosciusko County town of Milford, costing 70 people their jobs.
Honda Motor Co. is sprucing up its Indiana-made Civic sedan, which received poor ratings, after less than a year on the market as part of a plan to boost U.S. sales by 24 percent in 2012 for its namesake brand.
Officials say an as-yet-unnamed drug company is looking to take over much of the former Pfizer Inc. complex near Terre Haute that had about 800 workers before it was shut down.
An oasis of growth for some Hoosier manufacturers, China’s economy is headed for a slowdown. That affects both Indiana companies that have outposts in China, and the firms that export to the Asian powerhouse.
Honda Motor Co., seeking to revive its Acura luxury brand, is introducing a sedan intended for younger buyers unable to afford higher-end autos.
