A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana.... Read More
Michigan-based Faurecia Emissions Control Technologies USA Inc. will pay more than $101,000 in back wages and damages to 260 employees at its Fort Wayne location following an agreement with the U.S. Department of Labor.... Read More
The plastics manufacturer said Tuesday it has reached an agreement to sell its Specialty Tapes business to Nautic Partners, a private equity firm in Providence, Rhode Island, in a $540 million deal.... Read More
Control Specialists in Evansville was bought by Relevant Industrial earlier this month. Control Specialists provides specialized services like control systems maintenance.... Read More
The U.S. Department of Energy's Loan Programs Office made a commitment for the loan in July, but the company was required to meet certain conditions before the loan was officially awarded.... Read More
A subsidiary of Fort Wayne-based Solv Holdings is adding a metal fabrication company in Noble County to its portfolio. Solv Metals announced this week its acquisition of WickFab Inc., based in the town of Avilla, though financial terms are not being disclosed.... Read More
Attorney General Todd Rokita announced Wednesday he has sent a civil investigative demand to Tyson Foods in Logansport, as his office continues its investigation into alleged labor trafficking in three Indiana cities.... Read More
Elkhart-based Forest River Inc. has announced the passing of its founder, Peter Liegl, at age 80. Liegl founded the recreational vehicle manufacturing company in 1996 and is remembered by the company as "a visionary leader who transformed the RV industry."... Read More
Workers hired for a sprawling electric vehicle battery production complex in Kentucky have launched a campaign to join the United Auto Workers as the union tries to expand its foothold in the South and among battery factories, the UAW said Wednesday.... Read More
Amcor said in a news release that the combination "brings together two highly complementary businesses to create a global leader in consumer packaging solutions."... Read More
Amazon has plans to open its second distribution center in Merrillville. Our partners at The Times of Northwest Indiana report the online retail giant is leasing a 1 million-square-foot facility at The Silos and Sanders Farm near Interstate 65.... Read More
The Gary/Chicago Airport will continue its operating deal with UPS for cargo shipments. The new deal comes as the airport is also expanding its cargo infrastructure with a $24 million project.... Read More
The Ports of Indiana has received the largest federal grant in its history to build a $16 million rail yard and transload facility at its Mount Vernon port. The $11,249,000 grant was announced Friday by the U.S. Maritime Administration... Read More
Hillenbrand posted a strong fourth quarter, but still reported a $211 million loss for the 2024 fiscal year.... Read More
None of the models are made at Honda’s plant in Greensburg, where the Civic Hatchback, CR-V and Insight Hybrid are manufactured. More than 2,700 people work at the plant.... Read More
Lippert Industries posted its third quarter earnings report, which showed a slight drop in sales, but an increase in net income.... Read More
Mayasari Effendi, a native of Indonesia who opened Mayasari Indonesian Grill in 2012, cut the ribbon earlier this month on the new facility for Mayasari Tempeh, which makes fresh frozen tempeh as well as tempeh protein chips under the Soya Maya brand name.... Read More
A manufacturer of cryogenic equipment headquartered in Clay County is under new ownership. Brazil-based Technifab Products Inc. has been acquired by industrial manufacturing and technology company Crane Co. in a deal valued at $40.5 million.... Read More
Evansville-based Berry Global Group has completed the spinoff of its Health, Hygiene and Specialties Global Nonwovens and Films business. The business has also merged with Glatfelter Corp. in Charlotte to create a new, publicly traded company, Magnera Corp.... Read More
Cummins Inc. on Wednesday marked the reopening of its worldwide technical center hub office tower in Columbus, which has been under renovation since 2021.... Read More
