South Whitley-based modular building provider Whitley Manufacturing has made a leadership change. The company, which began just after World War II to provide homes for returning veterans, has promoted Drew Welborn to president.... Read More
A $30 million expansion of Fort Wayne-based Tippman Group's warehousing facility in Anderson is receiving support from the city. Our partners at The Herald Bulletin report the Anderson City Council has approved a seven-year tax abatement for the project, which is expected to create 20 jobs.... Read More
A new study from Conexus Indiana reveals the number of advanced manufacturers in Indiana that have adopted or grown the next generation of technologies has doubled since last year... Read More
A manufacturer of single and double decker buses headquartered in the United Kingdom has notified the state of layoffs related to the previously-announced closure of two northern Indiana facilities. In separate WARN Notices, Alexander Dennis Inc. says it will permanently close its locations in Nappanee and Peru, affecting nearly 200 jobs.... Read More
Houston-based Meridian Adhesives Group has acquired American Sealants Inc. in Fort Wayne. Meridian says ASI will join its industrial division, serving the flooring, packaging and product assembly markets.... Read More
The Indiana Economic Development Corp. has awarded more than $3.6 million to 44 Hoosier businesses in its latest round of Manufacturing Readiness Grants. The grant program was established last year to stimulate private sector investment in an effort to modernize the state's manufacturing industry.... Read More
General Motors Co. (NYSE: GM) has announced plans to invest more than $51 million into its facility in Bedford. The automaker says it will install state-of-the-art equipment to support the manufacture of drive unit castings for the Chevrolet Silverado EV, as well as other existing applications.... Read More
Jasper-based Kimball International Inc. (Nasdaq: KBAL) is investing in its Salem manufacturing facility. The company says the undisclosed investment will bring automated metal manufacturing technology to the facility.... Read More
Ohio-based Milacron Injection Molding and Extrusion says it is making an investment in the future workforce with its machinery donation to Shawnee State University. Milacron, an industrial technology company for the plastics processing industry, is a subsidiary of Batesville-based Hillebrand Inc. (NYSE: HI).... Read More
Wisconsin-based Placon is celebrating the opening of its expanded medical facility in Elkhart. The Elkhart Truth reports the plastic packaging manufacturer has invested $11 million to construct the 42,000-square-foot addition and create up to 25 jobs.... Read More
Texas-based Lufkin Industries has acquired US Rod in Nappanee and Patriot Pump in North Dakota. Financial terms of the deal were not disclosed.... Read More
An affiliate of Wisconsin-based commercial real estate firm Phoenix Investors has acquired the former Visteon manufacturing plant in Connersville. Financial details are not being disclosed, though Phoenix says it has plans to renovate the the nearly 70-year-old facility.... Read More
Fort Wayne-based Sortera Alloys has closed on a $10 million round of funding led by Breakthrough Energy Ventures in Washington. The company, which has developed a technology platform for the industrial recycling industry, says it will use the funding to scale operations and add jobs.... Read More
Indianapolis-based Allison Transmission (NYSE: ALSN) is partnering with Team de Rooy, a multiple-time winner of the Dakar Rally race, to develop electric trucks for motorsport competitions. The company says testing is scheduled to begin on an electric truck equipped with a conventional Allison transmission in early 2022.... Read More
Evansville-based Berry Global Group Inc. (NYSE: BERY) is responding to a letter from Ancora Holdings Group LLC. The Cleveland-based company, which owns 1% of Berry's outstanding shares, says... Read More
Columbus-based Cummins Inc. (NYSE: CMI) has entered into an agreement with Arizona-based Sion Power Corp., a developer of high-energy rechargeable batteries, to design and supply battery cells. Cummins says the battery cells are based on Sion Power's proprietary lithium metal technology for commercial electric vehicles.... Read More
The U.S. Securities and Exchange Commission has announced final judgments against two former executives of an Evansville plastics manufacturer. The SEC says Kevin Kuhnash and Jason Jimerson are being ordered to pay more than $2 million in penalties and interest after being sentenced to prison earlier this year on charges of securities fraud and money laundering.... Read More
La Porte-based Boss Industries is adding a manufacturer of remote mobile power units to its portfolio. The company has acquired HIPPO Multipower, headquartered in Missouri, though financial terms of the deal are not being disclosed.... Read More
Thanksgiving is just a few days away, but one thing business owners are not giving thanks for this year is supply chain shortages. That's why one family-owned business in Terre Haute is learning to adapt and be flexible this holiday season.... Read More
Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has acquired Williamsburg Marine LLC and Williamsburg Furniture Inc., a manufacturer of marine and motorized RV seating in the Kosciusko County town of Milford. Financial terms of the deal were not disclosed.... Read More
