Ireland-based Allegion plc (NYSE: ALLE) has announced plans to grow the central Indiana footprint of its Schlage Lock Co. LLC subsidiary. The security products and solutions provider says it will invest $13 million to enhance its manufacturing and engineering capabilities in Indiana, and create up to 325 jobs by the end of 2026.... Read More
Kokomo-based Haynes International Inc. (Nasdaq: HAYN) is reporting a fiscal full-year net loss of $8.7 million, compared to a loss of $6.5 million the previous year. Despite the drop, Chief Executive Officer Michael Shor says the company "saw the first signs of meaningful growth" in its aerospace segment.... Read More
Indianapolis-based Calumet Specialty Products Partners LP (Nasdaq: CLMT) is growing its Renewable Diesel business. The company has established Montana Renewables LLC as a new subsidiary, which it says will become one of the most advantaged renewable diesel producers in North America.... Read More
A Missouri-based pet food manufacturer is planning to expand operations to central Indiana. Diamond Pet Foods says it will invest more than $200 million to construct a 700,000-square-foot manufacturing and distribution facility in Rushville and create more than 170 jobs by 2023. The... Read More
South Carolina-based US Brick Holdings LLC is growing its footprint with the acquisition of several brick manufacturing and distribution facilities. Financial terms are not being disclosed, though the deal includes a manufacturing plant in Mooresville and distribution center in Evansville.... Read More
Evansville-based Berry Global Group Inc. (NYSE: BERY) is continuing to grow its access to recycled materials to be used in the plastic products it manufactures. The company says it has inked a deal with Florida-based PureCycle to source its advanced recycled resin as demand for more sustainable products grows.... Read More
businesses alike, they say they would like to see short term moves that could help alleviate bottlenecks. Integrated Distribution Services, Inc. Chief Executive Officer Mark DeFabis says an obvious move is to allow 18–21-year-olds with a commercial driver’s license to transport cargo across state lines. ... Read More
One of the largest candy makers in the world is growing its salty-snack portfolio with the acquisition of two pretzel makers, including Bluffton-based Pretzels Inc. Pennsylvania-based The Hershey Co.... Read More
Elkhart-based Forest River RV has announced plans to expand in Noble County. The manufacturer says it has acquired three buildings totaling nearly 160,000 square feet in the Ligonier Industrial Park w... Read More
Jasper-based Kimball International Inc. (Nasdaq: KBAL) is reporting a fiscal first quarter net loss of $5.1 million, compared to net income of $5.4 million during the same quarter last year. Despite t... Read More
An automotive components manufacturer has announced plans to lay off 125 workers at its Greencastle facility. In a notice to the state, International Automotive Components said the move is due to "unf... Read More
Jasper-based Kimball Electronics Inc. (Nasdaq: KE) is reporting fiscal first quarter net income of $2.6 million, down from $16.8 million during the same period a year ago. Chief Executive Officer Dona... Read More
Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) is reporting third quarter net income of $146 million, down from $243 million during the same period last year. Chief Executive Officer Bryan Hanso... Read More
The South Bend - Elkhart Regional Partnership says the pilot year of its LIFT Network Internship Program saw great success. The program provides subsidies for area manufacturing and advanced industry... Read More
Chicago-based Great Dane LLC is looking to expand operations in Vigo County. Our partners at WTHI-TV report the truck trailer manufacturer plans to invest $50 million to upgrade and add new equipment... Read More
Walmart (NYSE: WMT) will Wednesday kick off a two-day hiring event in more than 100 cities, including several in Indiana. The retail giant is looking to fill a variety of positions in its supply chain... Read More
Columbus-based Cummins Inc. (NYSE: CMI) is reporting third quarter net income of $534 million, up from $501 million during the same period a year ago. The manufacturer says the increase comes amid con... Read More
Elkhart-based Patrick Industries (Nasdaq: PATK) has acquired an audio systems and accessories manufacturer headquartered in Texas. Financial terms of the deal for Wet Sounds Inc. are not being disclos... Read More
The Indiana Department of Environmental Management has awarded a total of $50,000 in grant funding to five Hoosier businesses. The grants will be used to help implement pollution prevention projects a... Read More
Batesville-based Hillenbrand Inc. (NYSE: HI) has completed the divestiture of its TerraSource Global business in a more than $25 million deal with Chicago-based industrial holding company Right Lane I... Read More
