Indiana-based steel firm to spend more than $230M on Mississippi plant
Steel Dynamics plans to upgrade its northeast Mississippi steel mill and add 45 jobs at the plant.
Manufacturing
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Steel pipe company CEOs push for waivers from Trump’s tariffs
The Commerce Department has been deluged with requests from 20,000 companies seeking exemptions from tariffs on steel, aluminum and other goods.
UPDATE: Cummins loses out on GE’s industrial-engine business
General Electric Co. has agreed to sell its industrial gas engine business to a private equity for $3.25 billion, passing over interest in the acquisition from Columbus-based Cummins Inc.
Investigators expand list of states potentially affected by melon recall
As it continues to investigate a salmonella outbreak linked to pre-cut melons from an Indianapolis-based fruit distributor, the U.S. Food and Drug Administration has added 15 states to the list of potentially affected states.
Indianapolis consulting firm acquired by Cincinnati company
Indianapolis-based Allegiant International has seen tremendous growth in recent years thanks to its supply-chain work with General Motors.
Rolls-Royce preparing to cut 4,600 jobs across the world
About 3,000 of the cuts will affect United Kingdom employees. The company has about 4,000 employees in Indianapolis.
Converse farmer embracing role as hemp pioneer
Healthy Hoosier Oil in Miami County makes culinary oil from sunflower and canola seeds. But someday, the product mix might include hemp oil.
LETTER: Fight against opioids boosts manufacturers
It is evident that the opioid epidemic is pushing a record number of Hoosiers to the sidelines of society and out of the workforce.
Indiana cabinet maker closes Alabama plant with 445 workers
Employees and officials criticized the abrupt closure, which came without prior public notice and was announced to employees at 10 a.m. Tuesday.
Honda, GM to develop electric vehicle batteries together
The companies will collaborate based on GM’s next-generation battery system, both sides said, mainly for the North American market.
Manufacturer of super-fast car moves onto Purdue campus
British carmaker Keating Supercars plans to produce the latest generation of its car, the Viperia Berus, on the West Lafayette campus. The car can travel more than 240 mph and is anticipated to sell for $180,000 to $250,000.
Cummins a finalist to make $3.5B acquisition from General Electric
GE is moving closer to a sale of its industrial gas-engine business for more than $3.5 billion after narrowing the list of bidders to a short list that includes Cummins, sources say.
National manufacturing production, hiring picks up pace
Sixteen of 18 manufacturing industries expanded in May, led by textile mills and producers of nonmetallic minerals.
Custom parts maker buying Park 100 building, adding employees
The four-year-old company that specializes in motorsports, defense and consumer products is moving from Pittsboro.
2018 Innovation Issue: John Wechsler says Indiana can be the crossroads of IoT innovation
Our state’s key industries—manufacturing, agriculture and logistics—face imminent disruption from internet-connected devices, referred to collectively as the internet of things.
2018 Innovation Issue: Is virtual reality already dead? Or just getting started?
Quietly—as consumers turned their attention elsewhere—virtual reality has been finding its place in business operations, particularly to make education and training more accessible and less expensive.
2018 Innovation Issue: Virtual reality lets Rolls-Royce trainees do more
A VR headset allows a trainee to slide the engine out of the back of a helicopter, pull apart the engine’s dozens of components and examine them—all without interacting with the real thing.
Distilling company plans $66M bottling plant in Indiana
The project from Louisiana-based Sazerac Co. is expected to create up to 110 jobs by 2021.
Electric car maker targets Indiana for $160M plant, 467 jobs
SF Motors Inc., a Silicon Valley-based electric vehicle developer and manufacturer, said it could hire as many as 200 workers at the Indiana plant by the end of the year.
Indianapolis medical device firm plans $26M HQ in Whitestown
An Indianapolis-based company that makes handheld medical testing devices plans to move its 150 employees to a new headquarters in Boone County, where it will hire an additional 50 to 70 workers.