Major Tool & Machine expanding capacity in microchips industry

The expansion will add another 51,000 square feet of building space to the southwest corner of MTM’s existing 620,000-square-foot facility at 1458 E. 19th St. on the city’s northeast side. Groundbreaking for the project was in January. MTM says it expects to have construction complete by April 2024, followed by equipment and clean room installations that will continue until 2025.... Read More

Study: Indiana manufacturing projected for 5-10% growth

Indiana's priority advanced manufacturing sector is expected to grow by 5-10%, according to Conexus Indiana and Lightcast's new workforce study, and subsectors dealing with transportation equipment, chemical, and computer and electronic products could add 13,000 jobs by 2026.... Read More

Entek breaks ground on $1.5B campus in Terre Haute

Executives from Oregon-based Entek will join federal, state and local officials on Wednesday to break ground on a $1.5 billion manufacturing campus in Terre Haute. The project, first announced in March, is expected to result in 650 jobs by the end of 2027.... Read More

Ethanol production plant reopens in Cloverdale

South Dakota-based biofuels producer Poet on Thursday marked the reopening of its ethanol production facility in Putnam County. The company has invested $30 million in new technology and upgrades at the Cloverdale plant and plans to create 50 full-time jobs.... Read More

Sortera lands $30M in funding to fuel national growth

Sortera Technologies Inc. has closed on a $30.5 million Series C round of funding. The company, which operates a facility in the northeast Indiana town of Markle, has developed a technology platform it says allows for the complex sorting and recycling of mixed aluminum alloys that can then be put back into the manufacturing process. […]... Read More

U.S. Steel entering into NDAs with potential buyers

Pittsburgh-based U.S. Steel is making more moves toward a potential acquisition after rejecting a proposal from Cleveland Cliffs Inc. to buy out the steelmaker in a $2.3 billion deal. In a letter to shareholders issued Tuesday, U.S. Steel said it is...... Read More

Grand Design celebrates landmark 250K RVs

The company, which produces travel trailers, fifth wheels, and toy haulers, credited its growth to its quality and customer service to become a major RV retailer. The company will celebrate the accomplishment next week at the National Owner’s Rally in Elkhart. Grand Design is a wholly-owned subsidiary of Iowa-based Winnebago Industries.... Read More