Boone County officials ‘surprised’ by ASI closing
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.
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Turkey processor to hire up to 600 for new Vincennes plant
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
Northern Indiana building products factory to close
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 reworking Civic in plan to boost sales
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.
Drugmaker eyes ex-Pfizer plant in western Indiana
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.
Is China headed for ‘soft-landing slowdown’
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 has high hopes for new Acura model made in Indiana
Honda Motor Co., seeking to revive its Acura luxury brand, is introducing a sedan intended for younger buyers unable to afford higher-end autos.
Rolls-Royce tax-incentives deal set for hearing
A plan to offer a 10-year tax abatement worth $23 million for Rolls-Royce Corp. to redevelop two plants on the west side and move thousands of office workers into downtown’s Faris campus is scheduled for an initial hearing Wednesday.
East-side Reebok plant flourishes despite NFL contract loss
The Reebok-Adidas plant on Indianapolis’ east side, faced with losing an estimated 60 percent of its business when its National Football League contract expires early next year, has done what no one would expect: Add employees.
Food company closing in Indiana has unpaid bills
An organic food company that is closing its eastern Indiana preparation center was offered up to $3.5 million in state tax credits to open its plant, but it owes more than $31,000 in property taxes and sewer bills.
RV industry on slow road to recovery in 2011
The recession-dented RV industry pointed Tuesday to modest gains atop last year's turnaround performance as another sign that the sector is on a slow road to recovery.
Organic food company closes in Cambridge City
Really Cool Foods, which once planned to have 1,000 workers in eastern Indiana, ceased operations Monday, costing 131 employees their jobs.
Honda’s U.S. plants to resume normal output
Honda Motor Co. said six plants in the U.S. and Canada will reach normal production levels on Dec. 1 after having to adjust output this month because of floods in Thailand.
International Paper extending layoff of 87 workers
Employees at the company’s Sherwood Packaging plant in Indianapolis expected to return to work in January but now won’t return until “well into the second quarter.”
Allison reaches production milestone
Manufacturer churns out 5,000th system for hybrid buses, a transmission used round the world.
Cummins expanding R&D in South Carolina office
The manufacturer will invest $24 million over three years.
Struggling Ener1 receives $4.5M from investor
The parent of Indianapolis-based advanced-battery maker EnerDel received the financing to continue operating while the company evaluates its options to reorganize debt.
Packaging company plans to add 63 jobs in Lawrenceburg
Toronto-based IntraPac said it will move operations from New Jersey to the southeastern Indiana town and build an 80,000-square-foot plant that should open in February.
Military contractor cutting 200 jobs in Fort Wayne
Military contractor ITT Exelis is cutting about 200 jobs from its operations in Fort Wayne. The move comes as the company is winding down work on a multiyear contract to make sophisticated radios for use by combat troops.
Survey say Indiana manufacturers see improvements
Most of Indiana's small- to medium-size manufacturers have weathered the recession and are expecting modest growth through 2015, a survey released Thursday found.