K-Tron will become a unit of the Batesville company. K-Tron shareholders received about $150 per share in cash for their common
stock in the deal, which was announced in January.
Bill Simpson’s Impact Racing LLC reached an agreement Thursday with an industry-certification group that will allow the company
to continue selling race car safety gear made this year and last.
Raytheon Technical Services Co. LLC in Indianapolis will develop a new bomb rack for U.S. Navy airplanes under a recently awarded $32.4 million contract.
Austin, Texas-based Temple-Inland Inc. has notified state officials that will stop producing boxes at its Evansville facility
on May 28.
A northern Indiana recreational vehicle manufacturer is expanding its Elkhart operations and plans to hire up to 265 new workers
by 2013.
The economy grew at 5.6-percent clip in fourth quarter, but the impressive number doesn’t indicate the recovery is strong,
economists say.
Stanley Black & Decker, based in New Britain, Conn., reported 2009 profit of $224 million. Its Indianapolis-based security
division, one of three segments, accounted for more than half those earnings.
Arkansas wire-maker Tokusen USA Inc. plans to establish a manufacturing plant in Scottsburg, state economic development officials
said Wednesday, touting the nearly 135 jobs expected over the next two years.
BMW has won a contract from Indiana-based Carbon Motors Corp. worth more than $1.35 billion to supply engines for U.S. police
cars.
An attorney for a union representing some 2,100 people who worked at two Visteon plants in Indiana argued Tuesday that many
are facing hardship, and that the order should be stayed pending an appeal to a federal district court judge.
Columbus-based Cummins Inc., North America’s largest maker of heavy-duty diesel truck engines, expects pretax profit
to increase 10 percent a year and sales to grow 13 percent annually over the next five years.
Raytheon Technical Services Co. LLC will make guided missile launchers for the U.S. Navy at its Indianapolis avionics development
center, the Department of Defense announced Monday.
The Indianapolis-based manufacturer’s quarterly revenue fell to $20.6 million, a 27-percent drop from the same period the
year before.
The Carmel-based company said its decision to consolidate machining activities at a plant in Tennessee is driven by weak retail
sales and a sluggish housing market.
Niagara Bottling LLC recently hired 55 for its plant on Whitaker Road, which will make half-liter bottles of purified municipal
tap water.
Middlebury-based Jayco Inc. said Wednesday that it expected to resume production in May at its Topeka factory and hire 50
workers there this year.
IVC Industrial Coatings Inc. is relocating its Indianapolis headquarters and manufacturing operations to west-central Indiana.
About 50 of its 55 employees have agreed to move.
The Columbus-based company said Tuesday that the 194 layoffs will take place after Friday, cutting the plant’s employment
to about 400 and paring its two shifts to one.
Michigan-based auto components maker Lear Operations Corp. plans to invest more than $2.2 million to expand and upgrade its
manufacturing facility in Hammond, adding more than 285 jobs this year.
Global consumer packaging manufacturer Rexam plans to expand its operations in Franklin, adding nearly
50 jobs by the end of
the year.
