Factories

Hostess says jobs of 856 Indiana workers in danger

May 9, 2012
Scott Olson
The Irving, Tex.-based company said the job cuts could occur in July if it does not find a buyer or emerge from bankruptcy. About 340 workers would be affected at five Indianapolis plants.
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Seymour packaging plant with 111 workers to close

May 3, 2012
 IBJ Staff
Exopack LLC plans to close its Seymour facility and terminate 111 employees by July 1, the company said Wednesday in a notice to the state.
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Old Richmond bus plant eyed as manufacturing hub

April 24, 2012
Associated Press
A Richmond businessman has big plans for the former Carpenter bus plant and property that sits along Interstate 70 on Richmond's far northwest side.
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Indiana auto-parts maker plans to add 120 jobs

April 23, 2012
ThyssenKrupp Presta Terre Haute LLC plans to spend $22 million to add three assembly lines and expand its manufacturing facility in Vigo County by nearly 70,000 square feet.
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Rolls Royce locks in work on key military programRestricted Content

April 14, 2012
The British engine maker received a $151 million contract to continue making engines for the V-22 Osprey.
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Developer envisions $20M farming operation to replace plant

April 4, 2012
Cory Schouten
A local entrepreneur is laying the groundwork for a $20 million transformation of a soon-to-close automotive plant into a sustainable farming operation that would raise fish and hydroponic vegetables.
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Manufacturers prowling for skilled workersRestricted Content

March 31, 2012
Kathleen McLaughlin
Factories laid off droves of workers during the recession but now struggle to find tech-savvy employees during the recovery.
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N.K. Hurst's unsexy beans fill bottom shelf, bottom lineRestricted Content

March 24, 2012
Sam Stall
N.K. Hurst Co. Inc. sells roughly 20 million packages of dried beans and bean soup mixes a year, from the West McCarty Street packaging plant it has operated since 1938. It has only about 50 employees, but its products are ubiquitous in the grocery industry.
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Manufacturer expanding northeast-Indiana operations

March 23, 2012
Associated Press
Busche Enterprise Division Inc. said it will spend about $17 million to buy, expand and equip a factory near its headquarters in the Noble County town of Albion, adding up to 120 workers by 2015.
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Delaware County regroups after green factories fizzle

March 20, 2012
 IBJ Staff and Associated Press
A central Indiana county is pulling back its financial support for a pair of green-energy companies who so far haven't delivered on plans for factories with hundreds of workers.
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Hurco shares surge after quarterly profit soars

March 9, 2012
Kathleen McLaughlin
Hurco Companies Inc. said its fiscal first-quarter profit soared 200 percent over the same period a year ago, driven by strong sales increases in Europe.
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Manning's move may help Nike as it takes NFL contract

March 7, 2012
Bloomberg News
Peyton Manning’s change of address is likely good news for Nike Inc., which replaces Reebok International Ltd. next month as the maker of National Football League-branded apparel and uniforms.
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Rolls-Royce plans $42M local investment, more jobs

March 6, 2012
Kathleen McLaughlin
Rolls-Royce Corp. plans to invest $42 million to set up a new manufacturing plant in Indianapolis and create 100 jobs by 2014, the company announced Tuesday morning.
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Greencastle plant key in Ford's environmental movementRestricted Content

March 3, 2012
Scott Olson
Supplier to begin producing door part made from kenaf, a plant similar to bamboo but related to cotton.
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Allison Transmission seeks $522M in initial public offering

March 1, 2012
 IBJ Staff and Bloomberg News
Indianapolis-based Allison Transmission Holdings Inc., the former parts unit of General Motors Co., is seeking to raise as much as $522 million for its private-equity owners in an initial public offering.
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Local packaging company plans to add 101 jobs in Brookville

February 29, 2012
MBC Group plans to add the jobs by 2014 at its plant in southeastern Indiana as part of a $4.1 million investment to add four production lines.
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Hybrid-vehicle hopeful Bright Automotive folding

February 29, 2012
 IBJ Staff
Bright Automotive Inc., an Anderson company that once hoped to become a major hybrid-vehicle player with hundreds of employees in central Indiana, has called it quits after failing to land a $450 million government loan.
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Abound Solar halts production, cuts 180 jobs

February 28, 2012
Associated Press
A Colorado-based solar module maker that hoped to create up to 1,200 jobs in Indiana by next year said Tuesday that it was laying off about 180 workers in Colorado as the company focuses on a more efficient product.
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Covington manufacturer plans to add 68 jobs

February 28, 2012
Urbana, Ill.-based Flex-N-Gate Corp. plans to add positions by the end of the year as part of a $5.1 million expansion at its plant 75 miles west of Indianapolis.
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Durable goods orders suffer worst drop in three years

February 28, 2012
Associated Press
Businesses slashed spending on machinery and equipment in January after a tax break expired, pushing orders for long-lasting manufacturing goods down by the largest amount in three years.
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Auto town Kokomo on the mend, but bailout still divides

February 26, 2012
Associated Press
The U.S. auto industry and Kokomo have staged an amazing comeback. But the resurrection of U.S. automakers has done little to resolve a deep political divide over the bailout.
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Columbus manufacturer to begin solar panel productionRestricted Content

February 18, 2012
 IBJ Staff
Nusun Solar says an endorsement by Underwriter's Laboratories should lead to mass production of its commercial and residential panels.
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Former worker files federal suit against ASI

February 17, 2012
Scott Olson
An ex-employee of manufacturer ASI Limited in Whitestown is suing the company for allegedly failing to give workers a required 60-day notice that the plant was closing. The lawsuit seeks class-action status on behalf of roughly 200 terminated workers.
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Manufacturing plant closing in northwest Indiana

February 6, 2012
Newnan, Ga.-based Bon L. Manufacturing Co. is set to close its facility in Kentland by mid-June, throwing 146 employees out of work.
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Speedway oil re-refinery begins productionRestricted Content

February 4, 2012
 IBJ Staff
Illinois-based Heritage-Crystal Clean says its refinery here is the second largest in the U.S.
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