Jasper-based Kimball Electronics Inc. is reporting fiscal full-year net income of $20.5 million, down from $55.8 million the previous year. Despite the drop, the manufacturer said it achieved its second-highest year for net sales at $1.7 billion.... Read More
Indianapolis-based Hurco Companies Inc. has joined forces with Kawasaki Robotics to deliver robotic machine tooling applications in which parts manufacturers themselves will not need to learn how to program a robot.... Read More
Mid-City Supply on Thursday re-opened its location in Michigan City. Mid-City is based in Elkhart and has 145 employees.... Read More
Shelbyville-based Capital Industries, a manufacturer and integrator of industrial robotics systems has been acquired by Acieta, an industrial robotic automation company headquartered in Waukesha, Wisconsin. Financial terms of the deal are not being disclosed.... Read More
Braxton Creek RV, a manufacturer of travel trailers headquartered in Bristol, has announced a rebranding to Bontrager Outdoors. Founders Jason and Austin Bontrager said the move reflects their collective experience and legacy in the RV industry.... Read More
One Southern Indiana, the chamber of commerce and economic development organization for Clark and Floyd counties, says Voestalpine Roll Forming Corp. would invest nearly $78 million to grow operations and create 100 jobs, if the city is chosen for the project.... Read More
The Indiana Rail Road Co. board of directors has tapped Joseph Gioe to serve as the railroad's next president and CEO. Gioe most recently served as vice president of transportation at Norfolk Southern in Atlanta, Georgia.... Read More
Poseyville-based manufacturer Nix Industrial has completed the relocation of its coatings operation. A spokesperson said the move brings the operation closer to the company's metal fabrication and machining facilities in order to streamline operations.... Read More
Indiana’s economic development conversations are becoming increasingly centered on a high-tech manufacturing industry in which few current Hoosier workers have experience: semiconductors, also called computer chips or microchips. As the federal government hustles to bring the industry back to the United States from foreign shores, Indiana is attempting to snag multibillion-dollar private-sector investments and millions […]... Read More
Jasper-based Kimball Electronics has completed the divestiture of its Automation, Test & Measurement business, the company announced Thursday. The company closed on the sale to Averna Technologies in Montreal, Quebec, on Wednesday.... Read More
A manufacturer of vehicle-mounted air compressors, generators, welders and other equipment headquartered in Michigan City is under new ownership. Vanair Manufacturing has been acquired by Cleveland-based Lincoln Electric Holdings in a $116 million deal.... Read More
The Indiana Chamber of Commerce has opened applications for the fourth annual Coolest Thing Made IN Indiana competition. For the first time, the chamber is partnering with the Indiana Destination Development Corp. to market the program.... Read More
Shelbyville-based Capital Industries, a manufacturer of full-service custom robotics systems, has been acquired by Acieta, an industrial robotics automation company headquartered in Waukesha, Wisconsin. Financial terms of the deal are not being disclosed.... Read More
Global Harvest Foods LLC, a producer of wild and domestic bird food and small pet products, is investing $30 million to expand its White County operations. The Seattle-based company is adding 163,000 square feet of production and warehouse space in Reynolds.... Read More
Representatives from Massachusetts-based Gorton's Seafood were in Lebanon on Wednesday to break ground on the company's $89 million cold storage facility. Gorton's hopes to complete the facility by late 2025, and will employ around 160 people once it's built.... Read More
Evansville-based Escalade Inc. is reporting second-quarter net income of $2.8 million, down from $3.6 million from the same period last year. The sporting goods and recreation equipment manufacturer said its consumers and retail partners have adopted a more...... Read More
A manufacturer and supplier of vehicle component systems is planning to close its facility in Muncie. North American Stamping Group, headquartered in Portland, Tennessee, said in a notice to the state that the closure will result in the layoffs of 62 workers.... Read More
Lafayette-based Wabash is reporting second-quarter net income of $29 million, down from $74.3 million during the same period last year. The trailer and truck body manufacturer attributes the drop to a decline in new order activity and...... Read More
The VU Design and Innovation Training Studio, located inside the Summers Center on the VU campus, is part of a statewide network of studios meant to introduce K-12 students to available career opportunities and the skills they need in advanced manufacturing.... Read More
Ambrose Property Group is beginning to build a $100 million logistics park just across the Kentucky border in Burlington. Ambrose is based in Indianapolis. ... Read More
