The Ports of Indiana on Wednesday signed a Memorandum of Understanding with the Port of Antwerp-Bruges in Belgium. The state's port authority said the agreement formalizes a plan to collaborate on multiple initiatives, including advancing...... Read More
Reckitt Benckiser Group Plc said sales will be affected by a tornado that struck a warehouse in Mount Vernon, where it stores products and raw ingredients for its baby formula business. The consumer goods company said the third-party warehouse has not...... Read More
Carmel-based Bastian Solutions, has broken ground on its $165 million, 164-acre manufacturing and corporate headquarters campus in Noblesville. The company says the 435,000-square-foot facility will consolidate several existing buildings into one location.... Read More
International defense, aerospace and security company BAE Systems Inc. has secured $111 million in contracts to provide next-generation radios for the Republic of Korea. The company said it will produce the radios at its facility in Fort Wayne.... Read More
Steinberger Construction is building a 50,000-square-foot shell to attract business to the Hooser Heartland Industrial Park.... Read More
Matthew Nix, CEO of Nix Companies, is celebrating his 20th year with the Poseyville-based business. He spoke with Inside INdiana Business about the company’s growth and complementary projects.... Read More
Ohio-based MasterBrand Cabinets, which has a large presence in Dubois County, said Thursday it has completed its $520 million acquisition of Iowa-based Supreme Cabinetry Brands. CEO Dave Banyard called the deal a "major milestone."... Read More
A Port Washington, New York-based home furnishings company plans to expand its distribution operations in Whitestown and hire 60 new employees by 2027. Safavieh is planning a 601,350-square-foot warehouse on 37 acres at Indianapolis Logistics Park Northwest.... Read More
Cummins Inc. and Stellantis are among the manufacturers in eight states that will receive a total of $1.7 billion in federal grants to help restart or expand electric vehicle manufacturing and assembly sites.... Read More
Purdue University is leading a coalition of academic partners vying for $160 million in federal funding it says will help establish Indiana and southern Michigan as the Silicon Valley for sustainable, cost-effective housing. The NextHouse initiative aims to...... Read More
Kentucky-based Bluegrass Supply Chain Services LLC on Thursday will mark the opening of its new logistics center in Jeffersonville. The company has invested $16 million to build and equip the facility, which is expected to bring 25 jobs to the area.... Read More
A Missouri-based developer plans to build a nearly 750,000-square-foot warehousing facility in Avon for beauty-products company Sephora. The building, which will serve as Sephora’s Midwest distribution center, is expected to be completed in 2025.... Read More
A subsidiary of Oregon-based Daimler Truck North America is planning to close its remanufacturing plant in Plainfield by the end of the year. In a notice to the state, Detroit Diesel Remanufacturing LLC said the closure will affect a total of 80 workers.... Read More
The U.S. Department of Energy has made a conditional commitment to provide a direct loan of up to $1.2 billion for Oregon-based Entek's battery separator manufacturing facility in Terre Haute. The 1.4 million-square-foot facility is expected to result in 635 jobs.... Read More
The Ports of Indiana is already taking positive steps forward just weeks after launching its Indiana Container Initiative. The port authority announced Tuesday that U.S. Customs and Border Protection has approved a proposal to establish the first...... Read More
Agricultural equipment manufacturer John Deere is planning to build a 1.2 million-square-foot warehouse near Lowell in Lake County. Coldwell Banker Commercial Realty announced Monday that the company has acquired a 234-acre plot of land near...... Read More
The Ports of Indiana has inked a new agreement with Denver-based OmniTrax to serve as the new rail operator and development partner at the Ports of Indiana-Mount Vernon. The port authority said the long-term agreement will support growth of the port's...... Read More
Haynes International Inc., an alloy manufacturer headquartered in Kokomo, announced Friday that Marty Losch has been promoted to chief operating officer. The company said Losch will take on all commercial and operational activities for Haynes in the new role.... Read More
A subsidiary of Elkhart-based Forest River is adding to its portfolio. Forest River Bus, headquartered in Goshen, has acquired Trans Tech Bus, a manufacturer of Type-A school buses based in Warwick, New York, though financial terms are not being disclosed.... Read More
Columbus-based Cummins, which late last year offered voluntary buyouts to some of its salaried employees, now plans to make further reductions to its workforce. Company spokeswoman Lauren Daniel told IBJ she could not share specifics on how many...... Read More
