In its new proposal, Nippon Steel offered a 10-year guarantee that it would not reduce production capacity at U.S. Steel’s mills in Pennsylvania, Indiana, Alabama, Texas, California and Arkansas without approval by the Treasury-led review panel.
Fund 1 Investments LLC said Vera Bradley’s board should consider taking the handbag company private or a potential sale, among alternatives.
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition goes through.
Loy Instrument was founded in 1937 and provides process control, combustion, and industrial services for a variety of industries.
Nippon Steel of Japan has pledged to invest $2.7 billion in U.S. facilities, including blast furnaces in Gary and in Pennsylvania.
The chip manufacturer announced plans in April to open a 430,000-square-foot building spanning 90 acres in the second half of 2028.
The east-side company is about to finish 2024 with more than $2.7 million in sales—up from $1.35 million four years ago. By 2026, the business expects sales to reach $3 million.
Nippon Steel is seeking to allay concerns over job security at plants that use traditional blast-furnace production from iron ore as part of its pending $14.1 billion takeover of U.S. Steel.
Under pressure to keep up with soaring demand for drug treatments for obesity, diabetes and other diseases, Eli Lilly and Co. is planning its single largest U.S. manufacturing investment outside of Indiana.
Longtime Indianapolis-based chemicals manufacturer Aurorium, which did business as Vertellus until a rebranding last year, has promoted Faye Freeman to CEO.
President-elect Donald Trump is pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker, which has major operations in Indiana.
The project being built by StarPlus Energy LLC is expected to create at least 2,800 jobs at the two plants and hundreds more at a nearby park for parts-supply companies.
Ted Gelov, the owner of Carmel-based Heartland Food Products Group, is turning to IndyCar to build the brand of Java House, a cold brew coffee product that debuted in 2018.
Amcor, the acquirer, said the deal “brings together two highly complementary businesses to create a global leader in consumer packaging solutions.” Berry is one of the state’s largest public companies.
The largest of the probes covers about 457,000 Ford Bronco Sport SUVs and Maverick small pickups.
The explosion occurred Tuesday afternoon at Givaudan Sense Colour, which produces colorings for food and drinks.
The agency said in documents posted on its website Monday that connecting rod bearings on vehicles with 3.5-liter V6 engines can fail, leading to complete engine failure.
The company, which makes stainless steel boat propellers for Yamaha’s outboard engines, invested $20 million to add 110,000 square feet to the facility.
According to the International Association of Machinists and Aerospace Workers, the 33,000 workers it represents can return to work as soon as Wednesday or as late as Nov. 12.
Conexus credited Cartwright with expanding its partnership with the Indiana Economic Development Corp. through the Manufacturing Readiness Grants.
