Wisconsin Senate leader says Foxconn votes may be lacking
The Taiwanese electronics giant could decide to go elsewhere for its first U.S. factory if the $3 billion package isn’t approved by Sept. 30.
Manufacturing
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Trailer-maker Wabash National buying Goshen manufacturer for $364M
Lafayette-based Wabash said the purchase of Supreme Industries, a maker of truck bodies, advances its diversification strategy.
Local Adidas sports-apparel plant lays off dozens
Despite the layoffs and the loss of several major contracts at the east-side manufacturing plant, Adidas officials say they intend to continue operating and investing in the facility.
Fertilizer company moves forward with $2.8B project in Indiana
Midwest Fertilizer Co. will begin construction on its Posey County manufacturing facility next year. Construction is projected to support more than 2,500 jobs.
English luggage firm to relocate U.S. headquarters to Greenwood
IT Luggage is investing nearly $1.8 million to purchase and renovate a 33,000-square-foot facility.
Farm equipment maker calls off $12.5M Shelbyville project
Krone North America Inc. has canceled plans to move its headquarters from Tennessee to Shelby County, where it had been planning to hire 101 people.
Produce distributor Caito opens $32M facility that makes prepared foods for groceries
In January, the produce distributor opened a $32 million facility designed to cook and package meals and side dishes such as salads, pasta, deli meats and pinwheel sandwich wraps.
Congress passes bill to fund FDA drug, medical device reviews
Drug and medical device makers would pay higher user fees under legislation the U.S. Senate approved and sent to the president on Thursday.
Indiana packaging plant Deufol Sunman to shed almost 250 employees
Packers, equipment operators, quality assurance technicians—and a host of other positions held by 243 people—will be eliminated by Sept. 30, according to a notice sent to the state.
TreeHouse Foods to close 150-worker Indiana pickle plant
Packaged food company TreeHouse Foods plans to lay off about 375 workers overall and close factories in Indiana and Minnesota in an effort to cuts costs.
Japanese casting company plans $8M facility in Shelbyville
It will be the first U.S. production facility for Kimura Group, which makes castings for automotive and industrial customers.
Cummins misses expectations with earnings despite big jump in revenue
Cummins Inc. missed Wall Street expectations with its bottom line, but raised its outlook for the full-year.
Allison Transmission reports big jump in quarterly numbers
Allison Transmission Holdings Inc. on Monday reported profit and revenue in the second quarter that exceeded the expectations of stock analysts.
Samsung ends Intel’s 25-year reign in microchip sales
Mobile devices and data are the keys to understanding Samsung's ascent as the new industry leader.
Vaping industry takes off after monopoly removed
Indiana’s once-struggling vaping industry is expanding again now that a new state law has eliminated a monopoly that strangled manufacturers’ ability to sell their products here.
Security products maker Allegion reports rising profit, revenue
The Ireland-based parent of Schlage Lock Co. LLC and Von Duprin LLC has its Americas headquarters in Carmel.
Trump announces $10 billion Foxconn plant in Wisconsin
President Donald Trump said Wednesday that electronics giant Foxconn will build a $10 billion factory in Wisconsin that's expected to initially create 3,000 jobs, the largest economic development project in the state’s history.
Trump to announce Apple supplier Foxconn opening Wisconsin plant
Economic development officials from Indiana, Illinois, Michigan, Ohio, Pennsylvania, Texas, and Wisconsin have all vied for Foxconn’s attention. The plant is expected to employ thousands of workers.
Former Bell Aquaculture facilities in Indiana acquired for $14 million
Maynard, Massachusetts-based AquaBounty Technologies plans to produce genetically engineered salmon at the facilities.
Indiana, other states vie for big Foxconn display panel factory
Taiwanese electronics maker Foxconn’s plan to build a display panel factory in the United States has sparked a flurry of lobbying by states vying to land what some economic development officials say is a once-in-a-generation prize.