Manufacturer plans 35 jobs in Franklin expansion
An Arbor, Mich.-based manufacturer is planning a $10 million expansion to its plant south of Indianapolis that will add 35 more employees, it announced Wednesday.
An Arbor, Mich.-based manufacturer is planning a $10 million expansion to its plant south of Indianapolis that will add 35 more employees, it announced Wednesday.
Auditors are reviewing whether Ener1 Inc., which has hundreds of workers in the Indianapolis area, has enough cash to continue operations.
A subsidiary of Westfield-based Revere Industries LLC could add 178 jobs in Jeffersonville in southern Indiana if it wins approval of a property tax abatement.
New York-based Ener1 Inc., which engineers and makes batteries in the Indianapolis area at its EnerDel subsidiary, announced Tuesday that it won't file its second-quarter 2011 financial report on time.
Rolls-Royce Group, one of the largest employers in Indianapolis, is studying sites in the United States and Germany for new engine test sites.
Batesville-based company expects to close on its purchase of Cincinnati-based Rotex Global LLC later this month. Rotex makes dry material separation machines.
Franklin Electric Co. Inc. says it will move its corporate headquarters from Bluffton to a $25 million development in Fort Wayne by 2013. The company has 220 employees and expects to add 35 more by 2014.
Elimination of product is part of settlement with rival manufacturer.
Navistar International Corp. announced plans Tuesday to create up to 400 factory jobs in northern Indiana while eliminating 250 manufacturing positions in the eastern part of the state.
The Indianapolis-based class ring and yearbook maker has completed its acquisition of Memphis-based Varsity Brands, which manufactures and distributes apparel for cheerleading and dance activities.
Cummins Inc.'s second-quarter profit more than doubled on a steep increase in sales and a gain on the sale of its exhaust business, the Columbus, Ind.-based engine maker said Tuesday.
Iowa-based R3 Composites Corp. plans to establish a manufacturing center in the northeast Indiana town of Grabill, creating as many as 400 jobs by 2014.
Carrier Corp.’s plan to invest $36.5 million in its Indianapolis plant hinges in part on how well consumers take to a new platform of high-efficiency furnaces.
Cummins Inc. says Tim Solso will retire as chairman and CEO at the end of the year. The 64-year-old Solso has led Cummins since 2000.
A solar panel manufacturer says its plans remain on track to start production at an unfinished auto parts factory in central Indiana. Abound Solar, which projects it could eventually have up to 1,000 employees, said it may begin hiring some workers this year.
A Shelbyville manufacturer is seeking to cancel a trademark held by Tervis Tumbler Co., which built a $75 million business around making double-walled plastic cups.
Carrier Corp. has spent $32 million to upgrade equipment in Indianapolis and plans to invest another $36.5 million to start a second production line, creating 276 jobs at the plant. The company is seeking a tax abatement to help offset the costs.
The company, which had planned to close its Brookville Road plant, now is set to create 250 new jobs by investing $19 million in new equipment. It previously received $18 million in tax breaks and repaid $5 million to the city.
A company that reconditions hospital beds plans to expand its operations in southeastern Indiana and potentially add 55 jobs in the next couple of years.
Rolls-Royce’s Indianapolis plant assembles few of its workhorse T56 aircraft engines in whole, but cranking out spare parts for overhauls is a large business. The last contract modification, issued by the U.S. Air Force in 2007, is worth up to $789 million and is still active.