CTDI to expand at River Ridge, add 650 jobs

Pennsylvania-based Communications Test Design Inc. or CTDI, is expanding its footprint in southern Indiana. The company plans to invest $26 million to open a new location at the River Ridge Commerce Center in Charlestown and create 650 jobs.... Read More

Lucas Oil marks opening of Corydon grease plant

Indianapolis-based Lucas Oil Products Inc. on Tuesday celebrated the opening of its expanded grease manufacturing operations at its production facility in Corydon. The company has dedicated a new production area inside the 400,000-square-foot plant to...... Read More

Purdue launching Smart Manufacturing Academy

Purdue University on Tuesday announced the launch of an online smart manufacturing education program designed to help businesses and industry associations enhance the skill sets of employees. The university is partnering with Ireland-based Accenture on...... Read More

AM General’s JLTV makes international debut in France

AM General will showcase its next-gen Joint Light Tactical Vehicle A2 and HUMVEE Saber at an international defense exhibition in Paris, France, this week. Eurosatory is the largest international exhibition for the land and air defense and security industry. Improvements on the JLTV A2 includes improved fuel efficiency via upgraded transmission gear coding, enhanced lithium-ion battery replacing lead-acid batteries, upgraded corrosion protection and improved accessibility for easier maintenance.... Read More

Cummins senior vice president to retire

Tony Satterthwaite, a Cummins executive who held the positions of president, chief operating officer, chairman and, most recently, senior vice president over his 36 years with the Columbus-based engine maker, will retire in September. ... Read More

Entrepreneurs charged up over next venture

Robert Laikin and Larry Paulson are at it again. The two longtime business partners who made their fortunes in the cell phone industry are turning their sights to manufacturing high-density batteries for industrial uses.... Read More

Michigan City manufacturer plans $20M expansion

Michigan City-based D. Martin Enterprises plans to invest $20 million to build a new manufacturing facility in the city. The company said it aims to add 30 new jobs with the possibility of hiring more workers in the first two years of operation.... Read More

White County trucking company files for bankruptcy

APL Cargo, a logistics company based in the White County town of Wolcott, is seeking Chapter 11 bankruptcy protection. The company, led by President Stefan Trifan, made its filing May 31 in the U.S. Bankruptcy Court for the Northern District of Indiana.... Read More

Thor quarterly profit dips

Elkhart-based Thor Industries is reporting fiscal third quarter net income of $113.6 million, down from $120 million during the same period last year. CEO Bob Martin said Wednesday that despite the dip the company remains confident in its long-term outlook.... Read More