U.S. durable goods orders edge up 0.2% in August
Orders for durable goods edged up 0.2% in August after a much bigger 2% gain in July, the Commerce Department reported Friday. The volatile commercial aircraft sector dropped sharply.
Orders for durable goods edged up 0.2% in August after a much bigger 2% gain in July, the Commerce Department reported Friday. The volatile commercial aircraft sector dropped sharply.
General Motors now says striking workers will get company-paid health insurance, nine days after telling the union that coverage would be cut off.
Vice President Mike Pence stumped for President Trump’s proposed deal with Mexico and Canada during a rally Thursday at McAllister Machinery on the city’s southeast side.
As the United Auto Workers’ strike against General Motors stretches into a second week, the company and striking workers aren’t the only ones getting squeezed.
Consumers this week will start to see fewer trucks, SUVs and cars on dealer lots as the two sides haggle about wages and profit sharing, new product for factories that GM wants to close, and use of temporary workers.
The CR-V Hybrid will be introduced in early 2020 and will be the company’s first electrified sport-utility vehicle in the United States. It is part of Honda’s larger plan to apply its two-motor, hybrid-electric system to all of its core U.S. models in the coming years.
One of the main sticking points is health care. GM is looking to cut its costs, but workers say they shouldn’t have to pay more when the company is making billions in profit.
U.S. factory output increased in August at a solid clip, reversing a sharp drop in July, as production of metals, machinery and chemicals all rose.
As the U.S./China trade war drags on, advanced manufacturers in central Indiana are scrambling to determine their best course of action—and there are no easy answers.
Allison, which makes automatic transmissions, acquired one of its long-time suppliers, plus a company that makes tools for that supplier.
Score one for J. Irwin Miller, who during his quarter century atop Cummins Inc. championed corporate social responsibility—a stance that put him at odds with economist Milton Friedman, the 20th century’s most prominent advocate of free markets.
Mitchel & Scott Machine Co. told the state this week that it will be closing operations and terminating all employees on Oct. 25.
Orders for transportation equipment powered the overall gain, rising 7%, the category’s strongest month in almost a year.
The Pittsburgh-based company says the East Chicago plant was underutilized because low-priced imports have captured roughly half of the U.S. tin products market.
Bigger cracks are forming across America’s manufacturing foundation after lackluster global demand and persistent trade tensions led to the first contraction in U.S. factory activity since September 2009.
The retirement of President and Chief Operating Officer Rich Freeland will spark several executive-level promotions at the Indiana-based manufacturer.
An affiliate of Germany-based Messer Group wants to build a new facility on the south side of Indianapolis for making atmospheric gases for health care providers, food processors, and glass and metal fabricators.
Companies banged up during the Great Recession a decade ago have been preparing for the next slowdown by keeping workforces lean, adding technology and avoiding excessive debt.
The manufacturer has reinvigorated its product line, brokered new partnerships, and greatly expanded its sales footprint, but the tune from parent New York-based Voxx International Corp. is far less melodic.
The Morgan County town’s best-kept entrepreneurial secret might not be a secret much longer, thanks to private equity ownership, an expanded management team, and ambitious plans to double revenue.