LDI adds Indiana-based firm to its portfolio with new acquisition
Indianapolis-based LDI, which invests in middle-market businesses, is rebuilding its portfolio after losing ownership of Motorsport Aftermarket Group late last year.
Indianapolis-based LDI, which invests in middle-market businesses, is rebuilding its portfolio after losing ownership of Motorsport Aftermarket Group late last year.
There’s trouble in toyland. Sales at the world’s three biggest toymakers—Lego A/S, Hasbro Inc. and Mattel Inc.—slumped during the crucial 2017 holiday season, and the outlook for 2018 isn’t much better.
Barge and towboat manufacturer Jeffboat will be ending ship-building operations at the site that stretch back more than 180 years.
A food-packaging maker and one of the world’s largest bearing manufacturers have plans to spend more than $22 million and lease more than 400,000 square feet of space in Boone County if tax incentives are approved.
Led by a surge in demand for commercial aircraft, U.S. orders for long-lasting manufactured goods rebounded in February.
Lisa Sprunger founded frozen-soup company Urban Ladle in the kitchen of her north-side home, nurturing it into a line of seven frozen soups sold at various, mostly Indiana, retailers.
In addition to conducting research, the IU Kelley School Center for Excellence in Manufacturing is expected to “provide strategic and leadership training” for MBA and undergraduate students.
The tariff will result in higher prices for the metal used in beer cans. Brewers might have to consider bottling some beers if aluminum prices become too high to absorb.
The largest private employer in Noblesville is planning a mammoth new facility and dozens of new jobs at its North American headquarters campus.
The company said it would spend $1.3 million to build a 19,000-square-foot addition and another $3.65 million to equip it.
SugarCreek Packing Company announced Wednesday that the new hires would be made by late June 2019, boosting the plants workforce to about 500 workers.
At its height in the 1960s, the P.R. Mallory building on Washington Street had 1,500 workers.
The fund, launched by the security-products company Allegion Plc, plans to pursue investments globally. But a spokeswoman said, “Indianapolis' thriving tech industry makes this the perfect time and place to launch the tech-focused fund.”
Heartland Food Products Group said it plans to leave its offices at Clay Terrace for a bigger headquarters within 18 months. The move would allow the firm to add about 130 employees.
The company that makes the water-soluble film used to create products such as Tide Pods and Cascade ActionPacs plans to break ground on the 150,000-square-foot manufacturing plant this summer.
Former Angie’s List COO J. Mark Howell is looking for ways to help the state’s advanced-manufacturing and logistics industries navigate a changing technology landscape.
The average retail price for chicken breast fell in January to its lowest level since the Bureau of Labor Statistics began collecting the data in 2006.
The city’s Metropolitan Development Commission on Wednesday approved a personal property tax abatement to support CaptiveAire Systems Inc.’s expansion plan.
The company said demand for medium- and heavy-duty trucks in China increased 40 percent in 2017, in part because government enforcement of vehicle-overloading regulations accelerated truck replacements.
The Lafayette facility—along with factories in Durham, North Carolina, and France—produces the LEAP, a brand-new engine that GE says has the distinction of being the fastest-selling jet engine in commercial aviation history.