Fabrication company expanding to Jeffersonville

Indianapolis-based Best Equipment & Welding is expanding its Indiana footprint with a new service branch in Jeffersonville. The company said the move is in response to the growing needs of its clients in southern Indiana and the surrounding area.... Read More

Portage packaging company plans expansion

A manufacturing and packaging company headquartered in Portage is growing its operations. The Portage City Council this week approved incentives for plans by MSI Express to invest nearly $4 million in a new manufacturing line and create 15 jobs.... Read More

Quarterly profit falls for Thor

Elkhart-based Thor Industries Inc. is reporting fiscal second quarter net income of $7.2 million, down from $27 million during the same period last year. CEO Bob Martin attributed the drop to seasonally lower retail demand and cautious dealer sentiment.... Read More

Sugar maker to move HQ to former Gary casino site

Gary-based Indiana Sugars is planning a multi-phased development that will include a new headquarters, manufacturing and warehouse facilities at the site of the former Majestic Star Hotel and Casino. The entire project is expected to take 10 years to complete.... Read More

Richmond plant part of Doman Lumber acquisition

A U.S. subsidiary of Vancouver-based Doman Building Materials Group Ltd. is expanding its presence in Indiana. Doman Lumber has acquired the assets of Southeast Forest Products Treated Ltd., including a lumber pressure treating plant in Richmond.... Read More

Cummins to sell two Columbus office buildings

Cummins Inc. is planning to sell two office buildings in downtown Columbus, though the company says it remains committed to remaining in the city. The Columbus-based engine maker said in a statement to Inside INdiana Business that it decided to sell the...... Read More

Environmental groups file motion in Alcoa lawsuit

A pair of environmental groups have filed a motion to intervene in a lawsuit against a subsidiary of Pittsburgh-based Alcoa Corp. over alleged violations of state and federal environmental laws. The Indiana Department of Environmental Management filed a...... Read More

Munitions campus planned for Indy, Crane

The American Center for Manufacturing & Innovation (ACMI) in Austin, Texas has announced plans for what it calls a first-of-its kind project that could bring hundreds of millions of dollars in private investment to Indiana.... Read More

Caterpillar planning $725M expansion in Lafayette

Construction equipment manufacturer Caterpillar is planning a major expansion to its Large Engine Center in Lafayette. The Texas-based company will invest $725 million to build and equip a 300,000-square-foot addition to the 1.6 million-square-foot facility.... Read More

Tyson delaying closure of Corydon facility

The previously announced closure of the Tyson Foods chicken processing facility in Corydon is being delayed. The company said in an updated WARN notice filed with the state that some operations at the facility will continue until April 6.... Read More

Allison Ventures invests in clean earth magnet maker

The venture capital arm of Allison Transmission announced Tuesday an investment in Niron Magnetics, whose permanent magnet made without rare-earth materials was named one of Time’s best inventions of 2023. Allison Ventures joined others in providing...... Read More