TriMas to lay off about 450 workers, close plant
Manufacturer TriMas Corp. plans to shut its Goshen plant and lay off all 450 workers there.
Manufacturing
Articles
Judge OKs plan to close Hostess, sell brands
Twinkies, Ho Hos and Wonder Bread are up for sale now that a bankruptcy judge cleared the way for Hostess Brands Inc. to fire its 18,500 workers and wind down its operations.
Glass factory’s safety under state’s lens yet again
Union leaders say working conditions are improving at the Pilkington glass factory in Shelbyville, but an employee’s injury in October has led to another visit from state safety officials and possibly more fines.
Hostess, union unsuccessful in court-ordered mediation
The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union. As a result, Hostess plans to continue with a hearing on Wednesday in which a bankruptcy court judge will decide if the company can close its operations.
Hope for Hostess? Judge pushes sides into mediation
Hostess Brands Inc. will hold talks with its bakery workers’ union on Tuesday to explore the reasons for a strike that the maker of Twinkies and Wonder bread said will force it to liquidate.
Twinkies likely to survive sale of Hostess
Other companies are interested in bidding for at least pieces of Hostess because of the high brand recognition and $2.5 billion in annual revenue. Twinkies alone have brought in $68 million in revenue so far this year.
Allison Transmission, union reach tentative agreement
Members of United Auto Workers Local 933 must vote in favor of the five-year collective bargaining agreements before they would go into effect.
Hostess to close all plants, fire thousands of workers
Hostess Brands Inc. said Friday it will close all of its plants, leading to the loss of hundreds of jobs in Indiana and thousands more nationwide. The company employs 288 in Indianapolis.
Hostess says liquidation decision expected Friday
Hostess Brands said it likely won't make an announcement until Friday morning on whether it will move to liquidate its business, after the company had set a Thursday deadline for striking employees to return to work.
Allison negotiators extend contracts until next week
The commercial transmission maker's existing contracts, which were set to expire at 11:59 p.m. Wednesday, will remain in force until noon Nov. 21.
Hostess: Firm to liquidate unless workers return Thursday
The maker of Wonder bread and Twinkies said it doesn’t have the financial resources to survive the ongoing strike by the bakers’ union.
Truck-parts supplier expanding in Plainfield, adding 82 jobs
Troy, Mich.-based Meritor Inc., a global supplier of commercial truck parts, said it will consolidate North American remanufacturing operations by moving production from Ontario, Canada, to its facility in Hendricks County.
Hostess plant closings so far spare Indy, Columbus
The maker of Wonder bread and Twinkies said it is permanently closing plants in Cincinnati, Seattle and St. Louis. The company has about 875 workers in Indiana, about half of them members of the striking bakers' union.
Allison Transmission workers may strike this week
Members of United Auto Workers Local 933, which represents roughly 1,500 hourly workers, could declare a strike if negotiators do not reach an agreement with Allison Transmission by a Wednesday deadline.
Hostess mulling Indiana plant closures after walkout
A Hostess spokesman said the company is debating whether it will close its Indiana plants after workers went on strike on Friday. Hostess employs about 875 workers in Indiana, including 288 in Indianapolis.
Local scientific software firm plans to add 63 jobs
Indianapolis-based Indigo Biosystems Inc., a scientific software provider, announced Monday morning that it plans to add 63 jobs by 2015 as part of a $1.4 million expansion.
ExactTarget suffers smaller loss on record sales
Marketing e-mail marketer ExactTarget Inc. suffered a dramatically lower third-quarter loss than a year ago on record-high revenue, the company announced Thursday afternoon.
Hoosier colleges discover patents aren’t just for faculty anymore
Universities that once focused on faculty inventions now are encouraging students to pursue patents. Last year, 355 Purdue University students filed a patent, a 62-percent jump from 218 student-filed patents the previous year.
Refinery purchases bring big gains to Calumet
Better profitability in crude-oil refining has prodded Calumet Specialty Products Partners LP into a $1 billion flurry of acquisitions over the past year.
Out-of-the-way telecom company to branch into Indy
Smithville Telephone, headquartered in Ellettsville, near Bloomington, is the state’s largest independently owned phone company. Its Smithville Digital division, which provides fiber-optic communications to businesses, hospitals and schools in 17 Indiana counties, mostly in the south, has quietly been growing on the periphery of Indianapolis.