Conexus plans program to connect veterans with Indiana employers
The program, called INvets, will be launched later this year, initially with five Indiana auto-industry manufacturers.
Manufacturing
Articles
Swiss company settles in after blockbuster acquisition of Best Access
Stanley Black & Decker’s signs finally are coming down at the Best Access Solutions building at 75th Street and Binford Boulevard after a big acquisition in February by Dormakaba Group.
Monsanto planning $29M seed facility in Greenwood
The company said it plans to lease a new 140,000-square-foot building in Southtech Business Park where it will process, package and distribute corn, soybean and cotton seed for field testing.
Subaru supplier adding more than 100 Boone County jobs as part of $57M expansion
A joint venture of two Japanese companies that makes steel frames and other parts, primarily for Subaru, said it will double the size of its Jamestown plant to 250,000 square feet.
Indiana’s nation-leading steel production up 5 percent
The American Iron and Steel Institute said Indiana was the top steel-producing state for the 42nd straight year during 2016.
New use hoped for polluted area parts plant
The site in Noblesville has gone unused since Bridgestone Firestone closed its 300-worker air-spring manufacturing plant in 2009.
Hurco reports profitable quarter on higher revenue
Hurco said the overall rise in sales was “primarily attributable to an increased sales volume of vertical milling machines from all product lines.”
U.S. auto sales drop for fifth straight month
Economic fundamentals all look good, but sales still are likely to fall this year because pent-up demand for new cars has been satisfied and many people have decided to keep their automobiles longer.
U.S. factories report faster growth in monthly report
American factories grew at a slightly faster pace in May, another sign that manufacturing remains healthy.
Five ways IoT, innovation will change the way we stay secure
IBJ asked Allegion futurist Rob Martens to tell us how security technology will change our lives moving forward. His answers are as much about information and data as they are about physical barriers.
Carrier releases official Indianapolis layoff numbers
More than a year after the local shutdown announcement that landed Carrier Corp. in the national news, the manufacturer has finally released an official count of the number of jobs it plans to cut.
Ford ousts CEO, taps head of autonomous-vehicle unit as successor
The departure of Mark Fields comes amid sharp criticism of Ford's strategy by shareholders, and a more than 30 percent plunge in the company's stock price during his tenure.
Lilly migraine drug provides relief in late-stage trials
Lilly is in a race with several pharmaceutical firms to develop migraine treatments using an approach known as anti-CGRP and that could create a multibillion-dollar market.
3-year-old CraftMark Bakery already employs 265, plans big expansion
The commercial bakery, which makes frozen bread dough and cookie dough and baked flatbreads for Subway and other quick-service restaurants, started out big and says more growth is coming.
Label maker DuraMark sees ‘immense’ growth prospects
The company says it patented all-digital production process allows it to produce labels faster, cheaper and in smaller quantities than by the traditional screen printing method.
Calumet posts $6 million loss, still beats analyst expectations
The Indianapolis-based refinery company’s financial results, released Thursday morning, showed marked improvement over the same period a year ago.
BorgWarner plans to spend $28M on new Noblesville tech center
BorgWarner Inc. is set to close two technical centers in central Indiana and consolidate them into a newly constructed facility in Noblesville that will house more than 300 high-wage employees, the Hamilton County city announced Wednesday afternoon.
Cummins raises outlook after strong quarterly results
The engine maker’s profit and revenue in the first quarter beat the expectations of analysts.
Indy 500’s first presenting sponsor sees growth spike, gears up for more
Since local entrepreneur Mike Protogere bought D-A Lubricant Co. Inc. in 2002, the manufacturer of oil, grease, antifreeze and other industrial products has shifted into overdrive and punched the gas.
Allegion reports improved quarterly sales, profits
The security-product maker’s first-quarter financial results topped analyst expectations.