Rumsey: ‘Destination Zero’ key to Cummins’ growth

In one week, Jennifer Rumsey will become just the seventh chief executive officer at Columbus-based Cummins and the first woman to the lead the company. Rumsey views embracing the environment and challenges related to global warming will be important growth opportunities. ... Read More

Keystone RV to close two Goshen facilities

Goshen-based Keystone RV Co. is planning to close two of its production facilities in the Elkhart County city. In a notice to the state, the recreational vehicle manufacturer says more than 330 employees will be affected by the move.... Read More

Penske Logistics details Shelbyville warehouse transition

Pennsylvania-based Penske Logistics LLC says a change in operation of a Kroger warehouse facility in Shelbyville will affect more than 500 employees. In a notice to the state, the company says Kroger, which owns the building, will take over operation of the facility in September.... Read More

Fort Wayne metal recycler forms strategic partnership

Fort Wayne-based recycling company Sortera Alloys Inc. is forming a strategic partnership with Novelis Inc. Novelis, which is a sustainable aluminum solutions provider based in Atlanta, says the partnership will allow it to utilize Sortera's sorting technologies, including data analytics and sensors.... Read More

Steel Dynamics to build new aluminum mill

Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) plans to invest $2.2 billion to build a recycled aluminum flat rolled mill, as well as two supporting satellite recycled aluminum slab centers, the company announced Monday. The steelmaker says when fully operational, the facility will have the capacity to produce 650,000 tons of finished products annually.... Read More

Wabash debuts rebranded trailer

Lafayette-based trailer maker Wabash (NYSE: WNC) has revealed its first rebranded trailer with the company’s new logo. The company says the updated trailer follows its previously-announced corporate rebranding effort earlier this year.... Read More

Cummins details leadership transition; Rumsey to become CEO

Columbus-based Cummins Inc. (NYSE: CMI) is making changes to its top leadership, the company announced Thursday. Tom Linebarger will step down as chief executive officer on August 1, though he will remain chairman of the board. Jennifer Rumsey, who currently serves as president and chief operating officer, will be promoted to president and CEO, becoming the first woman to lead the company in its more than 100-year history.... Read More

Thor Industries invests in lithium-ion battery maker

Elkhart-based THOR Industries (NYSE: THO) is investing in Dragonfly Energy, a Nevada-based lithium-ion battery producer to the RV industry. THOR says Dragonfly, which develops battery packs, energy systems, and cell manufacturing technologies, offers a distinct approach to energy storage that provides users with a "best-in-class" experience.... Read More

Manufacturer completes $20M investment in Richmond

An insulation and commercial roofing company has completed a $20 million investment in its Richmond facility. Johns Manville says the effort supported new equipment for its blowing wool insulation manufacturing process and helped retain more than 100 jobs.... Read More

Kaiser declares force majeure at its Warrick operation

Tennessee-based Kaiser Aluminum Corp. (Nasdaq: KALU) announced Thursday it has declared force majeure at its Warrick Rolling Mill in Newburgh. The company says the move is due to the limited availability of magnesium used in the production of some of its aluminum beverage and food packaging products.... Read More

Toyota Material Handling adds Pennsylvania dealership

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

Viewrail to acquire California company

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

Alcoa shuts down smelting line at Warrick site

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