Durable goods rise outside volatile transportation
The overall demand for durable goods fell 1.3 percent in August, the Commerce Department said Friday. But that was pulled down by a significant drop in orders for aircraft.
The overall demand for durable goods fell 1.3 percent in August, the Commerce Department said Friday. But that was pulled down by a significant drop in orders for aircraft.
New York-based Ener1 didn't disclose how it will use the funds coming from Ener1 Group Inc., a company led by Russian industrialist Boris Zingarevich.
The local operations of the British aerospace firm has won an Army contract to build 40 more engines for the OH-58D Kiowa Warrior helicopter.
Persuading workers at General Motors' Indianapolis metal-stamping plant to accept a pay cut would be a feat, but it won't be the last challenge that JD Norman Industries would face.
Schlage’s purchase of the Georgia-based company’s division gives it immediate access to the decorative door hardware and lock market, the company said.
DMI Furniture says in a filing with the state Department of Workforce Development that it expects to permanently close the Huntingburg factory on Nov. 19, eliminating about 60 jobs.
The president of an organization that aims to attract businesses to northeast Indiana says the region is hoping to use Navistar International Corp.’s 1,000-plus workers as an asset.
Advantis Medical Inc., a maker of cases and trays for surgical instruments, plans to add more than 100 jobs in Greenwood over the next five years.
Production at U.S. factories grew in August for the 12th time in 14 months, but at a slower rate than earlier this year.
The three-year deal calls for the Columbus, Ind.-based diesel engine manufacturer to develop a power train that improves efficiency by reducing fuel consumption and noise, and can run on a wide range of fuels and fuel mixtures.
The UAW’s regional office appears to be arranging a contract vote by mail-in ballot. Word on the shop floor is that a ballot will accompany a new proposal, which includes $70,000 cash for union members who work for JD Norman for two years. The offer is double the amount in a previous proposal.
The parent company of lithium-ion battery maker EnerDel Inc. has raised another $65 million to help finance operations and ramp up its manufacturing operations in the Indianapolis area.
The new engineering lab and a smaller utility building will help consolidate all of Delphi’s 1,400 employees in Kokomo.
Thor Industries subsidiary Redwood RV announced Tuesday its purchase of a factory in Syracuse that was formerly owned by Ameri-Camp
RV, which shut down in 2008.
Replogle is one of the world’s largest globe manufacturers and dates to the 1930s. The company as of 2004 had 225 employees
and sales of $18 million.
The Greenfield furniture-maker has an acrimonious history with California-based Furniture by Thurston.
The owner of Illinois-based JD Norman Industries came to Indianapolis to make a personal plea for United Auto Workers Local
23 to allow a vote on his proposed five-year contract.
Pendleton-based company reported both higher profit and revenue, helped by a 20-percent increase in hybrid-motor sales.
UAW Local 23 bargaining chairman Gregory Clark says members won’t vote on the proposed contract, which would cut base wages from $29 per hour to $15.50.
The UAW in Detroit said Local 23 will vote Monday on Illinois-based JD Norman's proposal to buy an Indianapolis stamping
plant where more than 600 work, but a local rep says workers don't want to negotiate.