Regulators stand by decision that 50M air bag inflators are dangerous
The decision Wednesday by the National Highway Traffic Safety Administration could lead to a huge recall despite opposition from automakers.
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To cut costs, Stellantis makes buyout offers to U.S. white-collar workers
In a statement Tuesday, Stellantis said it faces inflationary pressures at the same time as it tries to make affordable vehicles for its customers.
Howl & Hide fills special order for U.S. Olympic women’s basketball team
Indianapolis-based leather goods manufacturer Howl & Hide Supply Co. made personalized passport wallets for A’Ja Wilson and her Olympics teammates.
Automakers hit ‘significant storm’ as buyers reject lofty prices at time of huge capital outlays
Each auto company has unique problems, but common to many are growing stockpiles of pricey vehicles on dealer lots, requiring increased discounts to sell them to buyers with stressed-out household budgets.
Stellantis pledges to tackle problems in North America as profit plunges
In the U.S. in June, it took an average of 97 days on dealer lots for Stellantis to sell vehicles, the highest in the industry, according to Edmunds.com.
Vera Bradley unveils brand refresh aimed at ‘reinvigoration’
The Indiana-based company known for its handbags on Thursday said it is “reinvigorating the business and restoring brand relevance” with the help of actress Zooey Deschanel.
Daimler Truck subsidiary to close Plainfield remanufacturing plant
Detroit Diesel Remanufacturing LLC said the closure will affect a total of 80 workers, the first of which are expected to be laid off next month.
Stevanato commits to paying Fishers employees a living wage
Stevanato, an Italian-based life sciences company that makes glass vials and syringes for pharmaceuticals, has committed to paying employees at its new Fishers facility no less than $70,000 annually.
Pato O’Ward wins Indy 200 at Mid-Ohio in debut of hybrid engine
IndyCar expressed encouragement and excitement about the hybrid engine in a statement after the race that cited the collaboration between Chevy and Honda.
Cummins plans to ‘streamline’ operations, cut jobs after 2023 buyouts
A company spokeswoman told IBJ that the new workforce reductions are related to Destination Zero—the company’s previously announced goal of achieving zero emissions by 2050.
2024 Corporate 100: Hillenbrand shifts focus to industrial manufacturing
Kimberly Ryan’s time as CEO of Hillenbrand has been marked by transition transition, with several acquisitions and the divestiture of Batesville Casket, where she got her start.
2024 Corporate 100: Telamon thrives by connecting people, products
Today, Telamon operates in 13 states, India, Mexico and Macedonia and designs, builds and installs networks that support telecommunication networks, appliances and industrial processes.
2024 Corporate 100: Culture, acquisitions key to Lippert’s growth, longevity
Today, Lippert has 140 factories around the world and about 14,000 team members worldwide. Jason Lippert has focused on overhauling the company’s culture with an emphasis on personal and leadership development.
Stellantis CEO cites failures in U.S. operations, ready to compete head-on with Chinese EVs
Stellantis CEO Carlos Tavares expressed dissatisfaction at the operation of some U.S. plants on Thursday, and took responsibility for not reacting quickly enough to address that issue.
Most Americans still not sold on electric vehicles, poll finds
Worries about cost are widespread, as are other practical concerns. Range anxiety—the idea that EVs cannot go far enough on a single charge and might leave a driver stranded—continues to be a major reason why many Americans do not purchase EVs.
2024 Innovation Issue: Robotic welding system boosts Smoker Craft’s production
The company has received attention for its system and last month earned the Conexus Indiana Manufacturing Innovation Award at TechPoint’s 2024 Mira Awards gala.
2024 Innovation Issue: ‘Progressive improvement’ leads to customer smiles
TWI Institute, a consulting firm for manufacturers, describes continuous improvement as the “act of taking an established process, breaking it down to its component parts, building it back up using only the essential parts and committing to making incremental improvements over time.”
2024 Innovation Issue: State grant program spurs Industry 4.0 investments
A total of 526 grants worth a combined $56.9 million have been awarded so far to companies and organizations in 79 counties. In 2023, $20 million was granted to 161 projects in 50 counties. See how the money has been distributed.
2024 Innovation Issue: Wearable devices promise improved safety, productivity
But the devices—whether they’re used in the industrial setting or for personal reasons like health and fitness—can also raise concerns as well as questions about data privacy.
2024 Innovation Issue: On-demand production allows companies to respond quickly to customer needs
Striving for efficiency drives the on-demand philosophies of Mach Medical, Homefield Apparel and 80/20 Inc., even if the companies have little else in common.