Advanced Manufacturing & Logistics

Lafayette-based Wabash (NYSE: WNC) is reporting first quarter net income of $12 million, up from $3.2 million during the same period a year ago. ... Read More

A newly-formed international metal recycling firm is bringing a major project to Fort Wayne. The city says Exurban USA Inc. will invest $300 million to build a new facility in the Adams Township Industrial Park and create about 200 full-time jobs.... Read More

Nine months have passed since Fred Cartwright was named chief executive officer of Conexus Indiana, the state’s initiative that focuses on strengthening Indiana’s advanced manufacturing and logistics industries... Read More

Columbus-based Cummins Inc. (NYSE: CMI) is looking to spin off its filtration business into its own publicly-held company. The manufacturer says it has confidentially filed for a proposed Initial Public Offering for the business with the U.S. Securities and Exchange Commission.... Read More

The Crossing School of Business & Entrepreneurship has opened a manufacturing skills lab at its campus in Frankfort. ... Read More

The Plymouth Industrial Development Corp. has broken ground on a $2.5 million manufacturing facility. When complete, the 40,000-square-foot plant will serve as the new home for Plymouth Molding Group, an injection molding plastic manufacturer, doubling its current footprint.... Read More

Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) is reporting first quarter net income of $1.1 billion, up from $430 million during the same period last year. The steelmaker is also reporting record steel shipments and sales. ... Read More

Nappanee-based ATC, a manufacturer of aluminum RVs and trailers, has broken ground on a 221,000-square-foot facility that will be used for RV product operations. ATC says its current headquarters will be relocated to the new facility when construction wraps, and the expansion is expected to create up to 200 additional jobs.... Read More

A Sweden-based automotive supplier says it will shut down its DeKalb County operations. In a notice to the state, CJ Automotive says it will close its facility in Butler this summer, affecting 110 employees.... Read More

The president of Creative Works in Mooresville says the recovery from the pandemic has boosted his company's business. Creative Works designs manufactures and installs themes, props and attractions for the amusement industry around the globe and in February, said it would invest $7 million to relocate its headquarters to the southwest side of Indianapolis next month.... Read More

The Terre Haute City Council has approved two tax abatements for a Colorado company setting up shop in the city. Bolder Industries Inc. is investing $40 million to establish a used tire recycling operation at the former Pyrolyx USA facility.... Read More

Elkhart-based Dexter Axle Co. has acquired Premium Supply Ltd. in Texas, a company specializing in custom trailer hoists, hydraulic kits, pumps, controls, and accessories. Financial terms of the deal were not disclosed.... Read More

Novae LLC, a trailer manufacturer based in the Huntington County town of Markle, has acquired Middlebury-based LOOK Trailers, which manufactures standard and custom-built enclosed trailers. Financial terms of the deal were not disclosed.... Read More

A $1.6 million federal grant will pay for the construction of a new southern Indiana pier on the Ohio River to be used for unloading of pig iron for a foundry, officials said Wednesday.... Read More

The president and chief executive officer of Ohio-based Cleveland-Cliffs Inc. (NYSE: CLF) says the Indiana Harbor Works steel mill in East Chicago remains a key operation for the company. Lourenco Goncalves visited the facility Monday, nearly two months after the company announced it was indefinitely idling one of its two remaining blast furnaces.... Read More

Columbus-based Cummins Inc. (NYSE: CMI) has received approval for three tax abatements by the Seymour City Council. The Daily Journal reports the abatements have an estimated value of $20.4 million in investments to promote development in the community.... Read More

Northeast Indiana is home to a robust defense manufacturing sector. Nearly 11,000 people there work in defense and aerospace and there are more than 38,000 engineers in the region. Indiana's 3rd District Congressman Jim Banks wants to continue to move the needle and will host the Northeast Indiana Defense Summit on April 11 in Fort Wayne.... Read More

The U.S. Department of Defense has awarded a $222 million contract to ERAPSCO in Columbia City and Lockheed Martin Corp. (NYSE: LMT) in Virginia. The contract is a price modification to a previously-awarded contract which calls for the production of 18,000 sonobuoys for the U.S. Navy.... Read More

Indiana manufacturers say the pandemic is no longer threatening their businesses, but many report challenges in the supply chain and surging demand have increased in recent months, according to a new survey. The "2022 Indiana Manufacturing Survey: Back to Work," was conducted by Indianapolis-based Katz, Sapper & Miller in partnership with the Indiana University Kelley School of Business and the Indiana Manufacturers Association. The survey shows 45% of respondents have seen a surge in demand, while 81% are experiencing supply chain shortages.... Read More

Officials say a new $150 million addition to California-based Kaiser Aluminum Corp.'s (Nasdaq: KALU) facility in Warrick County will have a major impact on the community. Our partners at WEHT-TV report the project, which will add a new coating line, could generate an estimated $1.5 billion in indirect and induced economic output.... Read More