Stanley Black & Decker keys in on overseas security market
The Connecticut-based company on Monday agreed to buy Sweden’s Niscayah Group AB for $1.2 billion—its biggest deal since Stanley Works’ $4.4 billion purchase of Black & Decker Corp.
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Elkhart mayor worried about car plant’s future
The bankruptcy filing of an electric car manufacturer has clouded the future of a northern Indiana factory that was touted as an economic boost for an area hit hard by job losses in the recreational vehicle industry.
Crystal products maker plans expansion, 41 jobs
St. Regis USA Inc., a manufacturer of hand-etched and hand-painted glass and crystal products, plans to expand its operations in Indianapolis, creating up to 41 new jobs by 2014, the company said Thursday.
Custom work helps tiny sign shop land big clients
ACS Sign Solutions is a small Hoosier company with a far reach, landing recent deals to create signs for The New York Times offices and Avon Cosmetics’ corporate headquarters in Manhattan.
Berry Plastics adding 120 jobs in Evansville
Berry Plastics Corp. plans to add 120 office jobs at its Evansville headquarters as it consolidates operations there.
Container maker Arrow to expand, add 65 jobs
Corrugated container manufacturer Arrow Container LLC plans to expand operations at its Indianapolis headquarters, more than doubling its staff over the next four years.
Anderson firm to sell antimicrobial product in big box stores
Coeus Technologies has begun selling its Ultra7 product through HomeDepot.com.
Rolls-Royce lands more military work
Rolls-Royce Corp. this week was awarded a $34.2 million modification to an engine maintenance contract from the Department of Defense’s Naval Air Systems Command.
Cummins plans expansion, 600 jobs for Columbus
Cummins Inc. announced Friday that it plans to add 600 employees to work in a new $18 million office building the diesel engine maker will build in downtown Columbus.
State manufacturing, logistics sectors score high marks
The grades were part of an annual report released Friday morning by Conexus Indiana, an industry group that is part of Central Indiana Corporate Partnership. A 4.6-percent increase in employment the past year helped the state’s manufacturing sector repeat its “A” grade.
Mooresville farm equipment maker expanding operations
Equipment Technologies, a manufacturer of agricultural spraying equipment, plans to invest nearly $6.4 million in an expansion of its Mooresville operations, more than doubling its work force by 2015.
RV industry supplier plans Indiana expansion
A recreational vehicle component manufacturer is considering a move into a vacant factory in northern Indiana where it could hire 180 workers in the next few years.
Alexandria working on factory deal with defense contractor
Alexandria Mayor Jack Woods said plans are for Maryland-based Floatograph Technologies to buy the former U.S. Pipe facility from the city and then repair and remodel the factory. The plant could eventually have 100 workers.
Defense spending bill leaves out Rolls-Royce jet
The U.S. House committee rejected efforts by some in Congress to spend more money on construction of an extra engine for the F-35 Joint Strike Fighter for the Air Force, Navy and Marine Corps.
Klipsch steps down as speaker maker CEO
Longtime Klipsch Group executive Paul Jacobs will take the helm, giving the Indianapolis company its first leader not named Klipsch.
Honda set to bump up production, except in Indiana
Honda's North American factories will return to near-normal production at most plants in August, the company said Thursday. However, full production of the Honda Civic, which is built at plants in Indiana and Ontario, might not resume until the end of the year.
Bar Keepers Friend parent lands new headquarters
SerVaas Laboratories Inc. has moved its headquarters to a 65,000-square-foot building on the northwest side after nearly 40 years in its old location.
Metal-framing plant closing to cost 105 jobs
Dietrich Industries will close a plant in Hammond this summer, resulting in the loss of 105 jobs. The company manufactures metal framing and finish products.
Firestone launches test lab in Fishers
Facility is meant to appeal to heavy-truck makers, other manufacturers.
Medical device manufacturer seeks abatement
Indianapolis-based Medivative Technologies plans to build a 9,000-square-foot addition to its east-side facility and spend $2.5 million to equip it. The expansion should create 15 jobs.