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.
Allison attributed the increase in sales to higher demand in the North America On-Highway and Outside North America Off-Highway end markets.
Shares of the Columbus-based engine maker dropped in early trading after second quarter results missed analyst expectations, even though sales and profit were up over a year ago.
GCI Slingers said it will add 10,000 square feet to its existing 20,000-square-foot facility at 5005 W. 106th St.
Volkswagen will invest $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as the automakers deepen their partnership to develop driverless and electric vehicles in an ultra-competitive landscape.
The newly merged company has big plans for broad rollout of the natural stone, which is considered superior to other types of limestone quarried throughout the world.
