Industrial conglomerate Esmark said Monday it has made an all-cash offer to buy U.S. Steel that values the iconic steelmaker at $7.8 billion, topping an earlier offer from rival Cleveland-Cliffs.... Read More
Louisville-based Conco, a manufacturer of ammunition containers, is planning to expand into southern Indiana. The company plans to invest $54.5 million to purchase, upgrade and equip the former Tokusen USA facility in Scottsburg and create up to 175 jobs.... Read More
Elkhart-based truck accessories manufacturer Leer Group has named a new president and chief operating officer. The company announced last week that Nando Zucchi will take over the roles after serving as president at outdoor recreation company Pacific Cycle.... Read More
Texas-based logistics firm Alan Ritchey Inc. plans to shut down operations in Plainfield that will put 242 employees out of work by mid-October, according to a filing with state workforce officials.... Read More
Plainfield-based Certor Sports has named Jeremy Erspamer as its new CEO Thursday. Erspamer will lead the sporting goods portfolio, which includes brands Schutt, TUCCI and VICIS.... Read More
The 80,052-square-foot class A industrial project will be in the AmeriPlex Business Park, on 4925 Decatur Blvd, close by to the Indianapolis International Airport. The project is slotted to be completed by the end of the year.... Read More
U.S. Steel is exploring a sale of some assets, or the entire company, after rejecting an offer from Cleveland-Cliffs, The Times of Northwest Indiana reported.... Read More
Merrillville-based MonoSol is reducing workforce at one of its northwest Indiana production facilities. In a notice to the state, the company said it plans to lay off 45 workers in La Porte, citing a decrease in demand for its products.... Read More
Texas-based Heidelberg Materials North America is continuing a planned transition at its cement production plant in the Clark County community of Speed. The Speed plant was built in 1870 and sits on about 3,500 acres of land just north of Sellersburg. ... Read More
Aurorium, which traces its roots to Reilly Industries, is closing a facility at a site that has been home to a chemical manufacturing plant since 1921.... Read More
More details have emerged regarding the impact of Tyson Foods' announcement that it is closing four chicken processing facilities, including one in Corydon. In a notice to the state, Tyson said the closure could leave 368 employees out of work.... Read More
Fort Wayne-based WaterFurnace has banked on the reliability and efficiency of geothermal technology since 1983, and now it reports rapid growth from that commitment. By installing residential and commercial pumps across the country, it has grown to be a leader in this burgeoning industry.... Read More
Elkhart-based supply chain optimization company Kem Krest announced Monday it has acquired the heavy-duty division of Telamon in Carmel. Financial terms of the deal are not being disclosed.... Read More
An evacuation order has been lifted after a chemical release Monday at a soybean processing plant in Decatur. Officials told our partners at WPTA-TV that air quality tests determined the area was safe from chemical hazards.... Read More
United Auto Workers in northwest Indiana have rejected a proposed contract from employer Lear Corp. Members of the Hammond Local 2335 voted overwhelmingly against Lear's proposed over the weekend, our partners at The Times of Northwest Indiana report.... Read More
Crossroads Solar, a growing small business in South Bend, sets out to offer its employees a second chance. The South Bend Common Council approved a tax abatement request last month as Crossroads Solar prepares to bring on a second production line.... Read More
Tyson Foods Inc. is closing four chicken processing plants, including one in southern Indiana, as it looks to lower costs. Tyson said that it will shift production to other facilities and halt operations at the plant by March 1, 2024.... Read More
The Fort Wayne Amazon Robotics fulfillment center opened in early April with plans to employ about 1,000 people. The center is 630,000 square feet with "first-of-its-kind robotics technology" to be used in the state. ... Read More
Toyota Indiana marked the beginning of production on the first-ever Grand Highlander SUV at the Toyota manufacturing plant in Princeton. The event included the announcement of an $11.1 million commitment to preparing area students for future STEM careers.... Read More
Elkhart-based Thor Industries named new leadership Tuesday at several of its operating companies. Ryan Juday will lead as president of KZ Recreational Vehicles in Shipshewana, while Kyle Kwasny is assuming the president position at Heartland RV in Elkhart. ... Read More
