Purdue opens new hypersonic research facility

The Purdue Applied Research Institute is marking the opening of the $41 million Hypersonics and Applied Research Facility, or HARF. The 65,000-square-foot facility is home to two wind tunnels, including the only Mach 8 quiet wind tunnel in the world.... Read More

Shareholders approve $485M Kimball acquisition

Jasper-based commercial furnishings company Kimball International Inc. on Wednesday announced its shareholders have approved HNI Corp.'s proposed $485 million acquisition of the company. With the approval, the deal is expected to close on Thursday.... Read More

Cardinal Spirits receives funding to boost production

Bloomington-based craft distillery Cardinal Spirits will expand its contract bottling services and ready-to-drink canned cocktails with a $50,000 investment from The IU Angel Network. This is the first time the company has received an investment from the network, which is a program managed by startup venture capital corporation IU Ventures. ... Read More

Rolls-Royce lands military contract boost

The U.S. Department of Defense has awarded a more than $21 million contract boost to Rolls-Royce Corp. in Indianapolis. The contract calls for the production and delivery of engines for the V-22 Osprey aircraft.... Read More

Indy cold storage company acquired

A fourth-generation company that operates two large cold storage facilities in central Indiana is under new ownership. South Dakota-based Vertical Cold Storage said Tuesday it has acquired MWCold in Indianapolis, though financial terms are not being disclosed.... Read More

Auburn packaging manufacturing plant to close

A consumer packaging company headquartered in Atlanta, Georgia is planning to close its manufacturing plant in northeast Indiana. In a notice to the state, Graphic Packaging International LLC said the closure will affect 70 employees.... Read More

Atmus Filtration launches IPO

Tennessee-based Atmus Filtration Technologies launched its initial public offering Friday as it continues its spinoff from Columbus-based Cummins. The company, which began trading on the New York Stock Exchange, looks to raise as much as $316 million.... Read More

Accelera begins electrolyzer production in Minnesota

Columbus-based Accelera by Cummins cut the ribbon Friday on its first U.S. electrolyzer production site. The company said it is utilizing 89,000 square feet of its Fridley, Minnesota facility for the electrolyzer production and plans to add 100 jobs by 2024.... Read More

Genesis Products opens new Goshen plant

Goshen-based Genesis Products this week cut the ribbon on its new manufacturing plant in the Elkhart County city. The facility will produce solid surface countertops for the company's RV and industrial divisions, and Genesis is adding 70 jobs at the facility.... Read More

Conexus names 2023 Rising 30 honorees

Conexus Indiana on Thursday revealed the 2023 cohort of its Rising 30 program. The program recognizes 30 young professionals who "exemplify leadership and innovation" in the state's advanced manufacturing and logistics sector.... Read More

SIA begins Crosstrek production in Lafayette

Subaru of Indiana Automotive is celebrating the start of production of the Crosstrek vehicle at the Lafayette plant today. It is the first time production of the Crosstrek has occurred in the U.S. as SIA is Subaru's only manufacturing facility outside of Japan.... Read More