Auto Industry

Three cities seek grant to boost manufacturing

October 16, 2013
Associated Press
Three central Indiana cities that once had thousands of auto workers have joined together in seeking a $20 million federal grant to help attract new businesses to their empty factories.
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Honda marking fifth anniversary of Greensburg plant

October 9, 2013
Associated Press
The company's Greensburg facility turned out its first Honda Civic sedans on Oct. 9, 2008, with about 1,000 workers at the plant. Honda officials say the factory now has more than 2,000 employees.
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KAR Auction Services riding the wave of auto recoveryRestricted Content

October 5, 2013
Greg Andrews
Early investors in KAR Auction Services are looking savvy. Since November 2012, KAR shares have marched steadily higher, rising from $12.25 to nearly $29.
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RV exec seeking new start in IndyRestricted Content

September 28, 2013
Dan Human
A member of one of the recreational vehicle industry’s elite families hopes to get a fresh start in Indianapolis by launching a manufacturer of super-high-end RVs.
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Auto parts supplier expanding Indiana factory

September 27, 2013
Associated Press
Heartland Automotive plans to spend $38 million on a factory expansion that could add up to 220 jobs in the next two years.
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Auto parts supplier hiring 100 for Indiana plant

September 25, 2013
Associated Press
Tenneco Inc. officials say the factory in the Noble County city of Ligonier is increasing production to make parts on a new line for Chrysler.
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Asian automakers dominate in good month for car sales

September 5, 2013
Bloomberg News, Associated Press
Honda and Subaru led U.S. sales gains in August as auto demand beat projections and Asia-based carmakers, buoyed by Toyota Motor Corp., combined for their best month ever.
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Ford recalls 370,000 cars

September 1, 2013
Associated Press
Potential corrosion to the cars' steering shafts might result in loss of control. No incidents or injuries have been reported.
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Subaru considers ways to fix its supply problem

August 28, 2013
Bloomberg News
Subaru,  which employs about 3,600 people in Lafayette, is taking measured steps to expand its production capacity, but today it is worried about running out of cars.
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Cummins to announce engine contract, more jobs

August 20, 2013
 IBJ Staff
Columbus-based Cummins Inc. plans to announce Tuesday afternoon an agreement with Nissan Motor Co. to supply diesel engines for Titan pickup trucks.
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Subaru parent set to reevaluate strategy amid rapid growth

August 9, 2013
Bloomberg News
Executives at the company, which counts Toyota Motor Corp. as its biggest shareholder, will begin discussions this month through next year to determine the long-term direction of the Tokyo-based company.
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State adds manufacturing jobs for second year in a row

August 3, 2013
Associated Press
Indiana Manufacturers Association President Patrick Kiely says Indiana has added 64,000 manufacturing jobs since the industry bottomed out in June 2009.
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Cummins shares jump on 2-percent revenue boost

July 30, 2013
 IBJ Staff
Shares of Columbus-based engine maker Cummins Inc. shot up 4 percent in Tuesday morning trading despite a reported 11-percent dip in profit for its second quarter.
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Gears slip for Allison Transmission in second quarter

July 30, 2013
 IBJ Staff
Profit and revenue fell for Allison Transmission Holdings Inc. in its second quarter, as demand in its mining and military markets slipped.
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Toyota to add 200 jobs at Indiana factory in 2014

July 26, 2013
Associated Press
Toyota Motor Manufacturing Indiana Inc. announced Friday that it's increasing Highlander production by 15,000 units at its Princeton plant as part of a $30 million investment.
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Car parts maker expands in Hancock County

July 19, 2013
Mason King
A 250,000-square-foot distribution center that sat empty since the recession has finally nailed down a tenant—a Canadian firm relocating operations from nearby Knightstown.
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Two automotive suppliers plan expansions in Marion County

July 12, 2013
 IBJ Staff
Innovative Coating Solutions and Reflex & Allen USA expect to add a total of 93 employees over five years and are seeking tax breaks on $3.5 million in new equipment.
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GM supplier plans opening factory near Fort Wayne

July 3, 2013
Associated Press
A Canadian-based General Motors supplier plans to open a new facility near Fort Wayne and hire up to 160 workers in the next few years.
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Manufacturer to relocate to Muncie, add 288 jobs

June 19, 2013
Mason King
A maker of a new heavy-equipment vehicle that uses clean energy plans to invest $4.6 million in an engineering and assembly facility and ramp up operations as orders come in.
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Report: People problems persist in manufacturing, logistics

June 14, 2013
Dan Human
Indiana's manufacturing and logistics sectors are undoubtedly strong, but work-force quality issues continue to nag the state, according to an industry report card released Friday morning.
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Japanese auto supplier adding 103 jobs in Columbus

June 14, 2013
Sunright America, a maker of nuts, bolts and specialty fasteners, plans to invest $35 million to build and equip two additional facilities on its 33-acre campus.
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Carbon Motors’ Chapter 7 filing marks official end for firm

June 12, 2013
Scott Olson
The once-promising firm that had planned to build high-tech police cars at a Connersville plant filed for bankruptcy Friday, listing liabilities of $21.7 million.
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Remy seeks greater share of Chinese market with buyout

June 12, 2013
Dan Human
Pendleton-based auto parts manufacturer Remy International Inc. plans to buy out a partner’s share in a Chinese joint venture, potentially paving the way for a greater share of the growing Asian market.
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Manufacturer plans $30.2M expansion in Franklin

June 7, 2013
 IBJ Staff
NSK Corp. and NSK Precision America Inc. said the project will allow them to hire 46 additional workers by 2016 at their 63-acre corporate campus.
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Vacant GM stamping plant to be demolished

June 7, 2013
Kathleen McLaughlin
The 2.1 million-square-foot plant, which sits on 102 acres near downtown, opened in 1930 and employed more than 5,000 at its peak. That number was fewer than 700 when it closed two years ago.
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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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