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.
In central Indiana, 90 percent of companies sell to domestic customers alone, meaning they are missing out on 80 percent of the world’s buying power.
With the addition of NetShape Technologies, Westfield’s Metal Powder Products has 1,200 employees in the U.S. and China and annual sales of $200 million.
The Indianapolis-based manufacturer exceeded Wall Street expectations in both earnings and sales in the latest quarter.
Subaru Corp., the only car manufacturer to boost U.S. sales every year in the last decade, is continuing to offer cheap financing on models even as rates rise, pinching margins in a plateauing market.
ElringKlinger intends to add $20.6 million in manufacturing, logistics and information technology equipment to its Fort Wayne plant.
As if Americans didn’t have enough chicken on the menu already, production of the nation’s most popular meat is headed for the biggest growth spurt in more than a decade.
The Columbus-based engine maker saw fourth-quarter sales jump 22 percent, but it ended up posting a loss because of charges related to tax reform.
It’s the second round of layoffs announced at Jeffersonville-based Jeffboat in the past few months.
Sun King Brewing Co. has downsized a previous plan to build a major brewery and tasting room in Fishers. It instead plans to open a smaller facility at The Yard at Fishers District that includes culinary incubator space for the overall development.
The controversial rule changes would have an impact in Indiana, which is the country’s fifth-largest pork producer.
A company official said the changing home-entertainment market has taken a toll on the plant, which manufactures movies and video-game discs.
Donald Trump intervened in 2016 and persuaded the company to reverse its decision to shutter the Indianapolis factory outright. But since then, it has cut employment from 1,600 to 1,100.
Japanese automakers Toyota and Mazda have picked Alabama as the site of a new $1.6 billion joint-venture auto manufacturing plant that will employ 4,000 people, a person briefed on the decision said Tuesday.
Blue Marble Cocktails and Spirits is spending more than $9 million to relocate its headquarters and establish manufacturing locally. It plans to create annual capacity to produce three million, 24-can cases of its cocktails, which range from Cinnamon Toast to Bloody Mary.
Sales and profit at Hurco were lifted by strong demand for its products in Europe, especially Germany, France and the United Kingdom.
An Indiana company that makes terminal tractors and yard trucks used primarily in the freight industry has eliminated nearly six dozen workers.
The local recipients are produce distributor IF&P Foods, parent of Indianapolis Fruit and Piazza Produce; and Wild Sports, which makes sports-themed tailgating games and accessories.
U.S. manufacturers have been helped this year by a solid global economy and a decline in the dollar's value, which helps to make exports more competitive abroad.
