LEP Special Fasteners Inc. will relocate parts of its management, sales and distribution functions from Elgin, Ill., and expand its current manufacturing plant in Frankfort by 250,000 square feet.
Graphic Packaging International says it will gradually phase out the LaPorte carton factory in the coming months and shift work to other plants around the country.
The new four-year contract, which still must be ratified by workers, would create 2,100 jobs. Chrysler also agreed to invest $4.5 billion in its plants under the deal. Last year, the automaker announced plans to spend nearly $1.3 billion to update its facilities in Kokomo.
The automaker says it expects to begin the new shift at the Greensburg factory on Oct. 24 in a move that will double the plant's annual production to 200,000 vehicles.
Audiovox's CEO credited Klipsch with helping Audiovox report strong financials Tuesday. Audiovox completed its purchase of the Indianapolis speaker maker in March.
Bottcher America Corp. will invest $2.1 million to purchase new gear and create a 30,000-square-foot addition to its current facilities.
Goshen-based Wieland Designs Inc. said it will add the jobs by 2015 as part of a $1 million investment to improve existing facilities and purchase specialized machinery to enhance production.
The molecular-imaging company is trying to transition its business model and get beyond a going-concern warning.
The company’s third-quarter profit was $4.6 million on sales of $50.6 million, compared with a year-ago loss of $1.2 million on sales of $26.5 million.
Pace American Enterprises in Middlebury is eliminating the jobs as part of a company-wide layoff that so far has affected 250 employees in five locations.
Some members of Congress hope to revive work on the alternate engine for the F-35 Joint Strike Fighter, which Rolls-Royce in Indianapolis worked on for nine years before the project was halted in April.
KYB Manufacturing North America Inc. expects to invest $6.4 million to add warehouse and distribution facilities to its existing 51-acre campus in Johnson County.
Bloomington city officials say it appears an Otis Elevator Co. plant with about 200 workers will be closing next year after the company opens a new plant in South Carolina.
Cummins Chairman and CEO Tim Solso said Tuesday that 2011 would be a record year for the Columbus manufacturer.
A company that makes wind-turbine blades says it will start its first U.S. facility at a former refrigerator plant in Evansville that Whirlpool Corp. closed last year. The business said it could employ up to 400 workers in the area by 2014.
The New York-based parent of EnerDel, which has almost 400 employees in the Indianapolis area, told investors Friday that it had received written notice of its failure to comply with NASDAQ's listing requirements.
Engine-maker Cummins Inc. said Thursday that it will sell its light-duty filtration operations to Industrial Opportunity Partners LLC, a private equity firm run by one of its executives.
Computerized machine tool maker Hurco Cos. Inc. on Friday announced its third consecutive quarterly profit, helped in part by its best sales performance ever in Asia.
Howe-based Cruiser RV LLC will begin hiring this month as part of an $850,000 expansion to add a new production line in nearby LaGrange.
Crossroads Industrial Services Chief Operating Officer Curtiss Quirin has a certain sense of urgency as he looks to buy a business to add revenue to the not-for-profit contract manufacturer, because Crossroads provides jobs for people with disabilities, and generates a surplus that feeds the revenue-starved parent organization, Easter Seals Crossroads.
