Rolls-Royce scores more military business
Rolls-Royce Corp. landed more than $100 million in new business this week, winning two contracts to provide support for aircraft engines it makes in Indianapolis for the U.S. Army and Navy.
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First vehicles roll out of Indiana electric-car plant
Fifteen cars rolled out of Think North America’s Elkhart plant on Wednesday, bound for Indianapolis. The cars will be used primarily by the state Department of Natural Resources.
Abound Solar completes financing for Tipton plant
Company closes on a $400 million federal loan to help it take over the empty Getrag plant on U.S. 31 near Kokomo, where it wants to hire as many as 1,000 workers. The plant was acquired for $25 million.
Hillenbrand wins ban of knockoff coffins from Mexico
The U.S. International Trade Commission said Monday that Ataudes Aguilares will be barred from bringing in caskets with attached memorabilia compartments, which Batesville-based Hillenbrand has patented.
GM considering Fort Wayne plant for $230M upgrade
General Motors is considering $230 million in upgrades to its truck assembly plant near Fort Wayne.
Military contracts add up for Raytheon
Raytheon Technical Services Co. in Indianapolis won a $31.1 million contract to provide cryptographic services for the U.S. Air Force, Army and Navy, the Department of Defense announced Wednesday.
Whistleblower suit cites Rolls-Royce engine flaws
Rolls-Royce Corp. concealed repeated defects at an aircraft engine plant in Indianapolis and fired a safety official for reporting the problems, according to a lawsuit filed in federal court.
Cummins to build $70 million plant in Turkey
The company expects to employ more than 800 workers at the plant within five years, producing filters and generators for motor vehicles.
Solar panel maker plans up to 240 jobs in Columbus
A Muncie-based startup company to spend nearly $9 million to start production at a Columbus industrial park. The plant will make high-efficiency solar panels that are in growing demand around the world.
Carmel-based wind-gear maker plans Marion plant
Vela Gear Systems LLC, a Carmel-based startup manufacturer of large-scale gears for wind-turbine assemblies, said it will make a multimillion dollar investment to construct a 250,0000-square-foot plant in Marion, creating up to 163 jobs by 2013.
Factory orders sink for first time since June
Factory orders declined 0.9 percent in October, the Commerce Department reported Friday. It was the first setback since June and the biggest decline since a 1.8-percent fall in May.
Think car sales benefit battery-maker EnerDel
Indianapolis-based EnerDel is the main battery supplier for Think’s two-seat City.
Local GM stamping plant layoffs to begin next month
It’s official: General Motors will begin shutting down its Indianapolis metal-stamping plant Jan. 28, with an initial wave of layoffs that will cost 75 workers their jobs.
Electronics maker buying former GM factory in Anderson
Northwind Electronics LLC will invest $954,000 to buy, renovate and equip a former General Motors factory in Anderson—creating as many as 100 jobs in the next two years, state economic development officials said Tuesday afternoon.
Organic food company with big plans cutting jobs
Really Cool Foods, which started operations in eastern Indiana two years ago with plans for hiring 1,000 workers, now has about 200 after a round of layoffs this week.
$26.8M military deal revs local Rolls-Royce operation
Rolls-Royce Corp.’s Indianapolis operations continue to cash in on military contracts, scoring a $26.8 million deal to provide 12 spare engines for the Osprey tilt-rotor aircraft.
SKARBECK: GM’s return to market not your usual IPO
This unusual taxpayer-owned IPO did create some interesting conflicts.
Celebrity TV ads tout Allison Transmission
A Chevrolet campaign could make the Speedway-based manufacturer more of a household name.
October durable goods orders drop 3.3 percent
The setback was the sharpest decline since demand fell 8 percent in January 2009. The unexpectedly sharp decrease raises questions about the strength of manufacturing.
Rolls-Royce lands $20M maintenance contract
Rolls-Royce Corp.’s local operation won a $20.3 million contract extension to provide maintenance services for the helicopter engines it makes for the U.S. military, the Department of Defense said Monday.