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
Elkhart-based Ranger Distribution Inc. has broken ground on a nearly 70,000-square-foot expansion of its warehouse and production facilities. While the company is not disclosing its investment in the... Read More
Greater Lafayette Commerce has unveiled a digital tool to educate K-12 students about careers in the manufacturing sector. The organization is partnering with West Lafayette-based Skyepack Inc. to dev... Read More
Indianapolis-based Allison Transmission Inc. (NYSE: ALSN) says it is making a strategic equity investment in Jing-Jin Electric, headquartered in China. Allison plans to invest $42 million as part of J... Read More
Greater Lafayette Commerce will Thursday announce what it is calling a significant partnership. The nonprofit says the announcement will involve the rollout of a digital platform for K-12 students to... Read More
Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) has announced plans to acquire a minority interest in New Process Steel LP, a metal products manufacturer and supply chain management company in Hou... Read More
Elkhart-based Dexter Axle Co. has acquired Canada-based National Trailer Parts Warehouse Ltd. National Trailer makes utility trailer, RV, marine and other components to support dealers, manufacturers... Read More
Massachusetts-based Raytheon Co. (NYSE: RTN) has been awarded a nearly $148 million contract for work at its Indianapolis facility. The contract calls for Raytheon to produce launchers to carry and de... Read More
Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) is reporting fiscal third quarter net income of $991 million, down from just over $1 billion during the same period last year. Despite the dip, the... Read More
The Indiana Manufacturers Association has unveiled its 2021 Manufacturers Hall of Fame inductees and Manufacturing Excellence Award winners. The organization says the honorees are being recognized for... Read More
A new joint venture has broken ground on a 250,000-square-foot warehouse in East Chicago. Maryland-based transportation asset management firm Realterm and Illinois-based real estate development firm T... Read More
