German manufacturer targets central Indiana for new plant
German-based manufacturer Variotech announced plans Friday to spend $2.2 million to upgrade and equip a production facility in Fishers, creating up to 22 jobs by the end of 2023.
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Conexus, Goodwill team up for job-training program on city’s northeast side
About 50 students will learn foundational problem-solving skills and hands-on manufacturing techniques during the 160-hour Catapult program, which could act as a feeder for the upcoming Cook Medical manufacturing facility in the Arlington Woods neighborhood.
Four local manufacturers score Manufacturing Readiness grants
More than $2.8 million has been awarded to 34 companies across the state in the fourth round of Indiana’s Manufacturing Readiness Grant program, the state announced Thursday morning.
GM, Ford halt some production as chip shortage worsens
Among the plants halting production is one near Fort Wayne that makes the popular Chevrolet Silverado pickup and has more than 4,400 employees.
Growth in U.S. manufacturing up in August despite problems
Tom Fiore, chair of the ISM manufacturing survey committee, said the new report showed that manufacturers continued to struggle to meet surging demand while at the same time dealing with numerous supply chain disruptions.
Major Tool and Machine acquired by Maine-based company
One of the largest and oldest manufacturers in Indianapolis has been sold to a Maine-based company with multiple divisions in the United States and Canada, the companies announced Tuesday.
GM and LG’s too-big-to-fail ties tested by $1B recall
GM last week recalled Bolt EVs for the third time in nine months because of risk their batteries could catch fire. At stake is what has looked like one of the most promising partnerships in the burgeoning world of electric vehicles.
Indianapolis-based Calumet to invest $2.7M in recently-acquired wax maker
Calumet, which acquired Muncie-based Paralogics LLC in March 2020, now says it plans to expand the facility and hire up to 20 more employees there by 2025.
U.S. factory production rebounds at fastest pace in 4 months
Overall, industrial production—which includes manufacturing, utilities and mining—posted a 0.9% increase, the best performance since a 2.8% surge in March.
Rolls-Royce celebrates completion of $600M in upgrades to local manufacturing campus
The $600 million project, announced in 2015, included upgrades to the facilities, machinery and manufacturing processes at Rolls-Royce’s Indianapolis operations. A pandemic-delayed celebration of the project is scheduled to take place Wednesday afternoon.
Supply-chain squeeze contributes to 2Q loss for Calumet Specialty
The Indianapolis-based manufacturer posted a $78.4 million loss in the second quarter.
U.S. automakers pledge huge increase in electric vehicles
Declaring the United States must “move fast” to win the world’s automaking future, President Joe Biden on Thursday announced a commitment from the auto industry to produce electric vehicles for as much as half of nationwide sales by the end of the decade.
Manufacturing shows monthly growth, but at slower pace
Manufacturers have struggled in recent months with supply-chain bottlenecks that have made it difficult for them to get computer chips and other necessary components for their products.
Rolls-Royce, Purdue to make ‘major investment’ in Indiana testing facilities
The multimillion-dollar project, in partnership with Purdue University and the Purdue Research Foundation, will expand aircraft engine testing facilities in both West Lafayette and Indianapolis.
IU trustee, manufacturing executive dies at 62
Melanie Walker recently co-chaired the search committee that chose new Indiana University President Pamela Whitten.
Q&A: Sam Yadav on moving his company to Park Fletcher neighborhood
Yadav runs Indianapolis-based Quest Safety Products, which managed to grow sales 62% last year despite the wrench the pandemic threw into the global economy. Now, the company is investing $5.5 million in a 58,000-square-foot facility in the Park Fletcher area.
Semiconductor shortage hammering automakers, costing billions in lost production and sales
The shutdowns have affected plants in Michigan, Kentucky, Kansas, Mexico, Canada and Germany.
Can Biden’s plans manufacture more U.S. factory jobs?
Bill Clinton, George W. Bush, Barack Obama and Donald Trump each said their policies would save manufacturing jobs, yet none of them broke the long-term trend in a lasting way.
Elanco’s $100M headquarters gets final funding approval from city
The project was given a final, and unanimous, approval by the city’s Metropolitan Development Commission—the last step necessary to allow the city to request the funds from the Indianapolis Bond Bank.
Cummins launches water-access program with $8M commitment
The new program, Cummins Water Works, will focus on improving access to safe water in the U.S., Mexico, Brazil, India and South Africa.