Jeffboat to idle 278 workers at Indiana shipyard
The barge and towboat manufacturer Jeffboat LLC notified the Indiana Department of Workforce Development of the layoffs, citing slumping demand.
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Allison Transmission raises forecast after solid quarterly report
Allison Transmission Holdings Inc. raised its full-year sales projections after reporting better-than-expected revenue and earnings in the third quarter.
Cummins sees big surge in quarterly sales, earnings
The Indiana-based manufacturer outpaced Wall Street expectations with a 26 percent increase in revenue and 57 percent rise in profit in the third quarter.
Indiana out of running for Toyota-Mazda plant, officials say
Toyota and Mazda announced in August that they planned to spend $1.6 billion on a U.S. plant that would employ up to 4,000 workers.
German company to make board game, puzzles at Indiana plant
The 25-year-old company said it expects to spend $13 million and add up to 75 jobs at the plant by 2021.
U.S. industrial production rises despite hurricanes
Manufacturing of automobiles, home electronics and appliances advanced in September in a positive sign for consumer spending.
Cummins to acquire Oregon-based battery-pack developer
Cummins said the acquisition is an “important milestone” as it works to introduce its first all-electric engines.
Toyota, Mazda seeking $1B in incentives for joint car factory
Indiana is among more than a dozen states trying to land the $1.6 billion project, which could require a generous outlay from the winning locale.
Manufacturer plans $8 million plant, 87 jobs in Westfield
A locally-based subsidiary of Japan-based Toyota Industries Corp. plans to spend $8 million to build a 90,720-square-foot factory east of U.S. 31 near 196th Street.
Indiana seeks input on spending $41M Volkswagen settlement
Gov. Eric Holcomb on Thursday announced the creation of an 11-member committee that will help determine how to spend the money.
Welding supply company finds success in making, selling dry ice
Sutton-Garten Co. has found a way to change with the times while staying true to its roots.
U.S. factory orders surge on higher automobile demand
Orders at U.S. factories increased by 1.2 percent in August, driven by strong gains in aluminum and other metals, industrial machinery and autos.
Manufacturers poised to increase spending on automation, survey says
More than half of the respondents to the annual Indiana Manufacturing Survey ranked investment in facilities, machinery and information technologies as the top priority for manufacturers to move into the future.
U.S. factory activity surges to 13-year high
Seventeen of 18 manufacturing industries reported growth in September, led by textile mills and machinery.
Motorsports firm to close Brownsburg manufacturing site
The California-based company will cease production at the facility by the end of the year, laying off about 70 employees. Its performance racing division will remain in Brownsburg, however.
Hoosier firms helping NASA chase lofty goal to send astronauts to Mars
In its quest to send people to Mars, NASA’s road to the Red Planet passes straight through central Indiana.
Entrepreneur sees lucrative future in HVAC for pot
Developing and selling cutting-edge products is tough. Doing so for the marijuana industry, which is illegal at the federal level, is even tougher.
Del Monte closing Indiana plant, shifting work to California
Del Monte Foods plans to close a northern Indiana tomato processing plant with 107 full-time workers.
Longtime Upland Brewing Co. president hopping away
Doug Dayhoff, who is credited with transforming Upland Brewing Co. from a small brewpub into a regional brewery, is stepping down as president and part-owner.
Strong U.S. demand helps boost Hurco quarterly sales, profit
Indianapolis-based manufacturer Hurco Cos saw increased sales of vertical milling machines from all product lines in the United States.