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.
Manufacturing
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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.
2024 Innovation Issue: The path to Industry 4.0
Numerous groups are working to advance both technology adoption and related workforce development in Indiana’s manufacturing industry, especially among the small companies that represent the bulk of Indiana’s manufacturers.
Toyota officials break ground on new $100M Indiana forklift facility
The 295,000-square-foot facility will expand Toyota’s Bartholomew County headquarters and will specialize in electric forklift production.
Lilly’s huge expansion plan took place at record speed to reduce bottlenecks for Mounjaro, Zepbound
The company said the site footprint will not expand, but the company will fill in the property with more buildings and equipment. Manufacturing capacity will almost triple there.
Lilly to invest another $5.3B in Lebanon site to meet overwhelming demand for Mounjaro, Zepbound
Lilly said the new investment will allow it to hire 200 more workers at the complex, including engineers, scientists, and lab technicians, for a total of 900 full-time workers when it is fully operational.
Township to revitalize abandoned cemetery, accept remains from Diamond Chain site
Keystone Group revealed late Wednesday that archaeologists have discovered 87 remains in the excavation of a six-acre portion of the former manufacturing site.
Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum
Officials say the tariffs will help thwart China’s efforts to dominate the market for emerging technologies in ways that pose risks to U.S. national security and economic stability.
Ivy Tech, Conexus partner on advanced manufacturing skills training
The pair are teaming to support a growing number of advanced manufacturing companies that are integrating more digital technologies into their operations.
Cummins sees quarterly revenue dip, but a big jump in profit
Cummins saw its first quarter revenue drop by 1% on a year-over-year basis. Its profit was way up due to one-time gains from the spinoff of its filtration business.
Toyota to spend $1.4B to add EV production at Indiana plant
Production of a new battery electric vehicle at the plant is expected to result in 340 new jobs by the end of 2025, Toyota announced Thursday.