Columbus-based Toyota Material Handling on Thursday announced its acquisition of Pennsylvania-based forklift dealership PennWest Toyota Lift. While financial terms of the deal are not being disclosed, TMH says the dealership will continue to operate under its current name with no changes to staffing.... Read More
Goshen-based Viewrail is looking to add to its portfolio. The modern stairs and railing manufacturer has inked an agreement to acquire Simmons Stairways Inc. in California, though financial terms of the deal were not immediately disclosed.... Read More
Pittsburgh-based Alcoa Corp. (NYSE: AA) says it has ended one of three operating smelting lines at its Warrick Operations facility in Newburgh. The company says the move was made due to "operational challenges," but did not provide specifics.... Read More
The global shortage of computer chips and other parts forced General Motors (NYSE: GM) to build 95,000 vehicles without certain components during the second quarter.... Read More
A steel structural building manufacturer in North Carolina is expanding operations into the Midwest. Northedge Steel LLC says it is investing $6 million to acquire the former All-Steel Carports property in Yorktown with plans to add up to 40 full-time jobs.... Read More
The city of South Bend is launching a new round of workforce development training courses provided by Purdue Manufacturing Extension Partnership. The city says the latest round of Purdue MEP courses is being offered through the Pathways On-Demand Workforce Development Program.... Read More
Germany-based DHL Supply Chain is expanding its presence in central Indiana by adding an eighth distribution facility and up to 400 jobs. The contract logistics company will be opening a 980,000-square foot facility in Whiteland, off I-65 and Whiteland Road.... Read More
Indianapolis based logistics company ShipSigma says it will invest $2 million to expand its operations and grow its staff... Read More
The Indiana Economic Development Corp., in partnership with Conexus Indiana, announced the sixth round of awards totaling nearly $4 million in Manufacturing Readiness Grants. The IEDC says the grants are being awarded to 43 Indiana businesses, supporting more than $46 million in technology-enabled capital investment.... Read More
An Indianapolis-based manufacturer of LED lighting fixtures is expanding operations to Ripley County. IKIO LED Lighting LLC says it will invest $25 million to establish a manufacturing and warehousing facility in the Batesville Industrial Park and create 30 jobs over the next five years.... Read More
Plainfield-based MD Logistics has announced plans to open its first warehouse in the Research Triangle Park area in North Carolina. The third party logistics firm says the expansion, which is expected to create 30 jobs, will allow it to better serve the life sciences and pharmaceutical industry on the East Coast.... Read More
Kentucky-based Tempur Sealy International Inc. (NYSE: TPX) is hosting a job fair Tuesday and Wednesday in Crawfordsville. The bedding products manufacturer is looking to fill up to 30 jobs for its recruitment and training center as it prepares for the opening of a 700,000-square-foot foam pouring manufacturing facility.... Read More
Elkhart-based Thor Industries Inc. (NYSE: THO) is reporting third quarter net income of $348 million, compared to $183 million during the same period last year. The RV manufacturer says net sales for the third quarter were $4.7 billion, an increase of nearly 35% compared to the same period in 2021.... Read More
State and local officials will Wednesday join executives from Poland-based CANPACK to mark a milestone in the construction of the company's new aluminum can manufacturing plant in Muncie. The company will host a "topping off" ceremony for the 862,000-square-foot facility.... Read More
An Italy-based industrial filter manufacturer is expanding its presence in Delaware County. Filtrec says it will invest more than $1 million to establish its new North American headquarters and an assembly plant just south of Muncie and create up to 21 jobs by the end of the year.... Read More
Walmart (NYSE: WMT) has unveiled new details on a planned 2.2 million-square-foot, next-generation fulfillment center in McCordsville. The retail giant says the project will bring more than 1,000 jobs to Hancock County and also feature state-of-the-art automation technology. ... Read More
A Lebanon-based lawn care equipment manufacturer plans to expand and move next year into a new $5 million, 40,000-square-foot building. Steel Green Manufacturing LLC will lease 30,000 square feet in the building under construction south of Interstate 65 at the intersection of State Road 39 and Enterprise Boulevard.... Read More
Rolls-Royce Corp. in Indianapolis has been awarded an $8.4 million modification to a previously awarded contract. The contract increases the scope to procure original equipment manufacturer engineering and logistics support for KC-130J aircraft engines for the U.S. Marine Corps and the government of Kuwait under the Foreign Military Sales program.... Read More
The chief executive officer of Pittsburgh-based U.S. Steel Corp. (NYSE: X) visited the Gary Works facility Thursday as the steelmaker begins construction on a $60 million pig iron caster. David Burritt says the project, expected to create 25 jobs, will improve the company's self-sufficiency.... Read More
Elkhart-based Thor Industries Inc. (NYSE: THO) has released its 2022 U.S. Camper Perception Study. Thor says the study, which examines consumer RV purchase and usage behavior, indicates rising fuel costs will have minimal impact on consumers’ likelihood to purchase an RV in the next five years.... Read More
