Verbio North America Holdings Corp. has acquired South Bend Ethanol, an ethanol production plant, though financial terms of the deal are not being disclosed. However, Verbio said it plans to invest $230 million over the next three years to expand the plant.... Read More
A subsidiary of Japan-based NSK Corp. is looking to grow in Johnson County. NSK Precision America Inc. plans to invest nearly $66 million to expand operations at its facility in Franklin and add 72 jobs by the end of 2026.... Read More
Shells Inc., a manufacturer of sand cores for the foundry industry, is investing nearly $6 million to boost operations at its facility in the Marshall County town of Bourbon. The company will use the funding to purchase additional equipment and add nine jobs.... Read More
Texas-based Heidelberg Materials North America has begun production at its new, $600 million cement plant in Lawrence County. The company, formerly known as Lehigh Hanson, said the facility will ultimately produce 2.4 million tons of cement annually.... Read More
Florida-based L3Harris Technologies has inked a contract with Mitsubishi Electric Group to build imaging and sounding instruments for the Japan Meteorological Agency. The company says it will manufacture the instruments at its Fort Wayne facility.... Read More
The electric vehicle supply chain is continuing to grow in Kokomo. South Korea-based Jaewon Industrial plans to invest $102 million to build a chemical recycling operation in the Howard County city and create up to 100 jobs by the end of 2024.... Read More
Michigan-based manufacturing company DexKo Global has acquired Horizon Plastics & Engineering, headquartered in the St. Joseph County town of Osceola. Horizon is a longtime supplier to DexKo subsidiary Dexter's door and vent manufacturing plant in Bristol.... Read More
Madison-based Grote Industries is growing its portfolio with the acquisition of Star Headlight & Lantern Co., headquartered in New York. Grote, which manufactures vehicle lighting, electrical and reflective systems, said the deal will create a new subsidiary.... Read More
Evansville-based Berry Global Group is expanding its stretch film manufacturing facilities in Lewisburg, Tennessee. The company is not disclosing its financial investment in the project, but said 10 jobs would be added to the plant's current staff of 116.... Read More
North Carolina-based Nucor Corp. will break ground Friday on a $290 million expansion of its steel sheet mill in Crawfordsville. The company says in addition to growing production capabilities, the expansion will create 80 full-time jobs.... Read More
New York-based Liberation Labs announced Wednesday it has secured $30 million in equipment financing for its biomanufacturing facility in Richmond. The precision fermentation manufacturer first detailed plans in January for the $115 million facility.... Read More
The Ports of Indiana marked the opening of the 2023 international shipping season with the first vessel arriving at the Ports of Indiana-Burns Harbor. The captain of Polsteam's Isadora was presented with the commemorative Ports of Indiana "Steel Stein."... Read More
An Italy-based manufacturer of robotic finishing machines is establishing its North American headquarters in Delaware County, officials announced Tuesday. Trebi will set up its initial office space in the Innovation Connector complex in Muncie.... Read More
Indianapolis-based courier service Pillow Logistics is expanding its footprint around Indiana. The company says it is investing approximately $1.5 million as it opens new locations in Indy, Louisville, Evansville, Fort Wayne and Merrillville.... Read More
Elkhart-based Leer Group last week cut the ribbon on its new Midwest manufacturing plant. The company said the facility will allow for an increase in manufacturing capacity for its commercial aluminum truck caps and the addition of 25 jobs.... Read More
Muncie Power Products this week announced Andrea Zanellotti as its new president and CEO. Zanellotti succeeds Ray Chambers, who retired last week after nearly 20 years with the company, including 11 years as CEO.... Read More
The Indiana Rail Road Co. is continuing to expand its intermodal facility in Indianapolis. INRD is in the midst adding a six-acre container yard, which will allow the company to store about 1,000 empty shipping containers for use by customers.... Read More
Gary/Chicago International Airport is commemorating $6 million in federal funding awarded to support air cargo infrastructure enhancements. The airport said the funding will help maintain its air cargo service sector's position as a regional economic driver.... Read More
FedEx will combine almost all of its ground, air and other operations as part of a $4 billion cost cutting plan. The package delivery company said FedEx Express, FedEx Ground, FedEx Services and other operating companies will be rolled into a single entity.... Read More
The Indiana Officer of Career and Technical Education has awarded nearly $750,000 in grants to nine Hoosier high schools. The funding is designed to support CTE programs that prepare students for advanced manufacturing and information technology careers.... Read More
