Indianapolis-based Deflecto acquired for $103.7 million
Indianapolis-based manufacturer Deflecto has been acquired by New York City-based Acacia Research Corp. for $103.7 million, Acacia announced Monday. The deal closed on Friday.... Read More
Indianapolis-based manufacturer Deflecto has been acquired by New York City-based Acacia Research Corp. for $103.7 million, Acacia announced Monday. The deal closed on Friday.... Read More
The grants are designed to help the company's partners, including in Lafayette and Terre Haute, reduce barriers to training opportunities for workers to improve their skills.... Read More
The Biden administration said Monday that it would provide up to $325 million to Hemlock Semiconductor for a new factory, a move that could help give Democrats a political edge in the swing state of Michigan ahead of election day.... Read More
The Ports of Indiana and the Indiana State Department of Agriculture on Thursday announced the signing of a Memorandum of Understanding aimed at increasing collaboration and expanding agricultural trade.... Read More
BAE Systems has received a five-year U.S. Army contract of up to $460 million for its MARS airborne communications systems for helicopters. The radios will be produced at the company's facility in Fort Wayne, with engineering support in Largo, Florida.... Read More
A climate technology company is planning to close its warehousing and distribution facility in Greenfield. In a notice to the state, Copeland Corp. said the move will result in the layoffs of 75 workers in mid-January.... Read More
The chief business officer for Brazil-based Sustainea says Lafayette was the ideal choice for the company to build its first renewable chemical plant for multiple reasons.... Read More
Indiana River & Rail Terminals will manage all general cargo facilities at the Jeffersonville and Mount Vernon ports and serve the Southern Indiana Port District, which ships nearly 28 million tons of cargo via barge annually.... Read More
Connexus administers Manufacturing Readiness Grants on behalf of the IEDC. There have been $57 million given out to 526 companies since the program started four years ago.... Read More
Texas-based third-party logistics services provider TA is expanding its presence in Greenwood with the acquisition of two new warehouses totaling more than 350,000 square feet.... Read More
Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the timing of CEO Carlos Tavares' retirement and the departure of its chief financial officer as it struggles to revive sales in North America.... Read More
Lafayette-based Wabash announced Wednesday that it has been selected to receive a $1.6 million U.S. Department of Energy grant toward the development of solar-powered refrigerated semitrailers and truck bodies.... Read More
Brazil-based Sustainea this week announced plans to build the facility next to Illinois-based Primient's production facility in the city, and the IEDC says the project will create 191 high-wage jobs in the coming years.... Read More
Earth Life Foods LLC recently received a "Golden Ticket" at Walmart's annual Open Call event, earning a deal to sell its products on the retailer's shelves.... Read More
Officials with New Jersey-based Saxum Real Estate broke ground this week on a new cold storage building in Crown Point. The facility, when completed, will be operated by Arcadia Cold, which plans to add about 75 jobs.... Read More
Honda is recalling about 1.7 million vehicles, including some that are made in Indiana, over steering problems that can result from a damaged gearbox, according to the National Highway Traffic Safety Administration.... Read More
Sustainea is looking to invest approximately $400 million to build its first Bio-MEG plant next door to Primient's Lafayette production facility and create an undisclosed number of jobs.... Read More
This fall, Jeep Engineering and Manufacturing students at Northeast Dubois Jr/Sr High School are busy dividing their time between getting a high school education and working for a student-run business. ... Read More
The Gary/Chicago Airport is breaking ground on a $24 million infrastructure improvement project that will see the airport's freight capacity go up.... Read More
In a lawsuit filed in the US District Court for the Central District of California on Thursday, the automaker accused the UAW of planning to violate a 2023 collective bargaining agreement by way of “impermissible” mid-contract strikes.... Read More