Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has completed its acquisition of Transhield, a manufacturer of protective covers for a variety of industries also based in Elkhart. Financial terms of the deal announced Monday were not disclosed.... Read More
Purdue University and Ireland-based professional services company Accenture announced a five-year partnership on Monday. Purdue says the company has committed to provide funding to establish the Accenture Smart Factory on the West Lafayette campus.... Read More
As the holiday shopping season kicks into full gear, many are wondering how recent challenges in the supply chain will affect the availability of goods. Kyle Cattani at the IU Kelley School of Business, says supply chains are starting to catch up.... Read More
Berry Global Group has reached a cooperation agreement with Ancora Holdings Group and Eminence Capital. The move comes about a year after Ancora called for a comprehensive review of "strategic alternatives" for the plastic packaging products maker.... Read More
United Kingdom-based cosmetic manufacturing company Orean Personal Care Ltd. has relocated its U.S. operations from Illinois to Hobart. Our partners at The Times of Northwest Indiana report the company plans to hire up to 120 employees by the end of 2023.... Read More
The U.S. Department of Defense has awarded a $10 million contract to Loogootee-based Loughmiller Machine, Tool & Design Inc. The contract calls for the manufacturing and testing of AN/SPS-48 antenna system arrays for the U.S. Navy.... Read More
The managing director of the FedEx Express hub at Indianapolis International Airport says they are ready for a busy holiday season. The hub is the global shipping company's second largest in the world, employing some 6,000 workers.... Read More
Voters have narrowed down the Indiana Chamber of Commerce's second annual Coolest Thing Made in Indiana tournament to the final four. The competition kicked off earlier this month to highlight the state's manufacturing sector by spotlighting 54 companies.... Read More
It's go time for holiday shopping, and inflation, rising interest rates and an uncertain economy are all driving how much money people are going to let loose. The National Retail Federation says holiday retail sales are expected to grow by 6-8% over last year.... Read More
General Motors will invest $45 million to expand production at its Bedford facility. The funding will support additional production of EV drive unit castings ahead of expected strong demand for Chevrolet Silverado EV and GMC Sierra EV full-size pickup trucks.... Read More
California-based electric vehicle manufacturer Mullen Automotive has secured $150 million in funding it says will be used in part to close on its acquisition of Electric Last Mile Solutions in Michigan, including an EV manufacturing plant in Mishawaka.... Read More
General Motors Co. (NYSE: GM) will Friday hold a news conference at its Bedford Casting Operations facility. Few details were made available, but the automaker said the event will include a "positive plant manufacturing announcement."... Read More
Batesville-based Hillenbrand is reporting fiscal full-year net income of $209 million, down from $250 million the previous year. CEO Kim Ryan says the manufacturer saw top-line growth and martin expansion in its industrial segments.... Read More
A steel and composite products manufacturer headquartered in Louisville is expanding into Scott County. GIM Inc. plans to invest more than $18 million to develop a manufacturing campus in Scottsburg and create up to 135 jobs by the end of 2026.... Read More
Lafayette-based trailer and truck body manufacturer Wabash (NYSE: WNC) appears well-positioned for economic uncertainty, as demand shows no sign of easing from the e-commerce and logistics customers that rely on Wabash products... Read More
An uncoated recycled paperboard mill in the Delaware County town of Eaton will soon be under new ownership. Georgia-based WestRock Co. says it plans to sell the mill, along with another in Illinois, to Pennsylvania-based Ox Industries in a $50 million deal.... Read More
Columbus-based Cummins Inc. (NYSE: CMI) has been awarded what it says is a major defense contract. The company has been selected as one of two awardees to develop, manufacture, test, and produce generator sets to help meet electrical power needs for the U.S. Department of Defense.... Read More
A nonprofit organization that encourages women to work in the trucking industry has listed the top transportation companies for women to work for, and four Hoosier businesses made the list.... Read More
Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) is reporting third quarter net income of $59 million, compared to $57 million during the same period last year.... Read More
Pennsylvania-based Radial Inc. is looking to fill more than 500 seasonal positions at its e-commerce fulfillment center in Brownsburg. The company says it plans to offer opportunities convert the entry-level positions into full-time roles.... Read More
