Allison Transmission tops expectations with quarterly report
Allison Transmission Holdings Inc. raised its guidance for the rest of the year after reporting solid sales and profit growth in the third quarter.
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Packaging manufacturer plans $106 million plant in Lebanon
A British company with packaging plants around the world plans to build a 550,000-square-foot manufacturing facility just southwest of Interstate 65 that will employ 140.
Wind-farm builder IEA buys three companies for $235 million
The acquisitions are the first for IEA since it went public this spring, and signal that the company is pushing hard for more growth in the booming renewable energy sector.
Auto industry supplier plans $90 million Indiana expansion
A Japan-based automotive industry supplier plans to spend $90 million to expand its manufacturing operations in Indiana, the company announced Tuesday.
U.S. industrial production gains for the fourth straight month
The Federal Reserve said Hurricane Florence reduced September output growth by less than 0.1 percentage points.
Manufacturer closing Muncie firm, laying off 130 workers
Less than three years after acquiring a manufacturer of metal components with operations in Muncie, JD Norman Industries Inc. has decided to close the facility and terminate its 130 employees in December.
Three small manufacturers to add more than 100 jobs in central Indiana
Companies that brew tea drinks, pop-up campers and jewelry in central Indiana are among 22 manufactures that announced plans Friday to locate or expand their operations in the state.
Swiss security-products maker plans 165 jobs at north-side operations
Dormakaba Group plans to nearly double the size of its manufacturing operations on the north side of Indianapolis in an expansion that’s expected to retain hundreds of jobs in Indianapolis.
Republic Airline exec: Industry’s pilot shortage has wide-ranging implications
The ongoing pilot shortage has multiple causes and will require multiple solutions, said speakers at the Aerospace & Defense in Indiana breakfast event Thursday.
Allison fears U.S. military giving Spanish competitor unfair advantage
Allison Transmission is concerned its specialized combat-vehicle transmission production line, which accounts for more than $100 million in annual revenue, is under threat.
Big gymnasium in downtown corporate campus to be demolished
The owner of the 40,000-square-foot gym says upgrading the facility would cost tens of millions of dollars, and that the cost to maintain it is greater than the property’s value.
Here’s how new North American trade pact will shake up business
Economists, trade attorneys and businesses are still parsing the agreement. But here's an early look at what it means for different players.
Conexus Indiana hires two execs to lead tech, workforce initiatives
One executive is expected to help Indiana companies continue their transition into next-generation digital technologies. The other will develop and direct programs that help secondary and post-secondary students, as well as adult workers.
Employers jump into providing care for workers as health costs rise
Fiat Chrysler in central Indiana is among those offering basic health care for most of its employees and their families through its factory-based clinics.
Italian filter maker to establish operations in central Indiana
The office of Indiana Gov. Eric Holcomb announced the plans Thursday in Milan during the governor's three-day economic development trip to Italy.
Illinois company plans $26M Indiana plant, 580 jobs
Elk Grove, Illinois-based Wynright Corp. announced plans Tuesday for the 320,000-square-foot plant on 44 acres that will make material handling systems for the logistics industry.
Indiana-based Thor Industries bets $2.5B on RV growth in Europe, China
The deal would make Airstream parent Thor Industries the largest RV maker in the world.
GM recalls more than 1M pickups, SUVs for power steering problem
GM said the power steering can fail momentarily during a voltage drop and suddenly return, mainly during low-speed turns. Such a failure increases the risk of a crash.
Hurco shares jump after manufacturer reports record sales
Quarterly sales in Hurco’s European region rose to $44.1 million, a 31 percent jump over the same period of 2017.
Contract packaging firm to terminate 86 workers in plant closure
In a notice to the Indiana Department of Workforce Development, Quality Packaging Specialists International LLC said it would begin eliminating employees this month.