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Factories
Countertop maker to close Shelbyville plant
February 21, 2011
IBJ StaffIowa-based VT Industries will close its countertop manufacturing plant in Shelbyville and move the work to a new facility
in Maryland, the company said Friday.
MoreUPDATE: House votes to kill pricey jet fighter engine
February 16, 2011
Associated PressThe decision on military budget cuts could have a big impact on the Indianapolis operations of Rolls-Royce Corp., the city’s
second-largest manufacturer behind Eli Lilly and Co.
MoreSony moving 150 jobs to Terre Haute plant
January 26, 2011
Associated PressA plant closing in New Jersey will result in 150 jobs moving to Sony DADC's factory in Terre Haute.
MoreCummins sells exhaust business to Global Tube
January 25, 2011
Associated PressCummins Inc. will sell its exhaust business, which includes several plants in Wisconsin, to Global Tube, a portfolio company
of the Chicago-based private equity firm Wind Point Partners.
MoreMichigan City snack-food baker adding up to 100 jobs
January 21, 2011
Hearthside Food Solutions says it will invest $3.8 million to expand its operations and hire new workers. The company bakes
snack foods for such brands as Keebler, Nabisco and Kraft.
MoreAmbulance manufacturing plant in northern Indiana closing
January 17, 2011
Medtec Ambulance Corp. has notified state officials it will close its plant in Goshen on March 31 as part of a reorganization
that will move operations to Bradenton, Fla., costing 150 workers their jobs.
MoreHumvee maker cutting 300 jobs at Indiana factory
January 17, 2011
Associated PressAM General plans to lay off 300 workers from the Mishawaka factory that makes Humvees for the military.
MoreKokomo plant closure affects 75 workers
January 10, 2011
Kansas City-based Milbank Manufacturing Co. said it will close its Howard County plant sometime between March 8 and March
22. Milbank makes electric meter sockets.
MoreFirst vehicles roll out of Indiana electric-car plant
December 16, 2010
Associated PressFifteen cars rolled out of Think North America's Elkhart plant on Wednesday, bound for Indianapolis. The cars will be used
primarily by the state Department of Natural Resources.
MoreAbound Solar completes financing for Tipton plant
December 15, 2010
IBJ Staff and Bloomberg NewsCompany closes on a $400 million federal loan to help it take over the empty Getrag plant on U.S. 31 near Kokomo, where it
wants to hire as many as 1,000 workers. The plant was acquired for $25 million.
MoreChrysler to invest another $85M in Kokomo plant
December 14, 2010
Associated PressChrysler Group LLC said Tuesday it plans to invest an additional $85 million in its Kokomo transmission plant. The money is
in addition to the recently announced $1.2 billion investment in other facilities in the north-central Indiana city.
MoreGM considering Fort Wayne plant for $230M upgrade
December 14, 2010
Associated PressGeneral Motors is considering $230 million in upgrades to its truck assembly plant near Fort Wayne.
MoreWhistleblower suit cites Rolls-Royce engine flaws
December 8, 2010
IBJ Staff and Associated PressRolls-Royce Corp. concealed repeated defects at an aircraft engine plant in Indianapolis and fired a safety official for reporting
the problems, according to a lawsuit filed in federal court.
MoreCummins to build $70 million plant in Turkey
December 8, 2010
Bloomberg NewsThe company expects to employ more than 800 workers at the plant within five years, producing filters and generators for motor
vehicles.
MoreSolar panel maker plans up to 240 jobs in Columbus
December 8, 2010
Associated PressA Muncie-based startup company to spend nearly $9 million to start production at a Columbus industrial park. The plant will
make high-efficiency solar panels that are in growing demand around the world.
MoreCarmel-based wind-gear maker plans Marion plant
December 7, 2010
IBJ StaffVela Gear Systems LLC, a Carmel-based startup manufacturer of large-scale gears for wind-turbine assemblies, said it will
make a multimillion dollar investment to construct a 250,0000-square-foot plant in Marion, creating up to 163 jobs by 2013.
MoreFactory orders sink for first time since June
December 3, 2010
Associated PressFactory orders declined 0.9 percent in October, the Commerce Department reported Friday. It was the first setback since June
and the biggest decline since a 1.8-percent fall in May.
MoreLocal GM stamping plant layoffs to begin next month
December 2, 2010
IBJ StaffIt’s official: General Motors will begin shutting down its Indianapolis metal-stamping plant Jan. 28, with an initial
wave of layoffs that will cost 75 workers their jobs.
MoreElectronics maker buying former GM factory in Anderson
November 30, 2010
Northwind Electronics LLC will invest $954,000 to buy, renovate and equip a former General Motors factory in Anderson—creating
as many as 100 jobs in the next two years, state economic development officials said Tuesday afternoon.
MoreOrganic food company with big plans cutting jobs
November 30, 2010
Associated PressReally Cool Foods, which started operations in eastern Indiana two years ago with plans for hiring 1,000 workers, now has
about 200 after a round of layoffs this week.
MoreElectric car maker starts production at Elkhart plant
November 24, 2010
Associated PressThink North America has started work on two-seat electric cars at its northern Indiana facility and expects the first ones
to be finished in the coming days.
MorePrintpack closing 230-worker Greensburg plant
November 18, 2010
IBJ StaffMore than 200 workers will lose their jobs when packaging materials maker Printpack Inc. will close its Greensburg plant early
next year, the company said in a notice filed this week with the state Department of Workforce Development.
MoreAutomotive supplier plans 200 new jobs at Butler plant
November 16, 2010
IBJ StaffMultimatic Inc. plans to expand its northeast Indiana production operation, adding new assembly lines as it aims to create
over 200 jobs by 2013—more than tripling employment there.
MoreCity commission set to approve refinery plans
November 3, 2010
The Metropolitan Development Commission is expected Wednesday afternoon to approve Heritage-Crystal Clean Inc.'s plan to build
its first used oil re-refinery, on West 10th Street. The project is estimated to cost $40 million and should create 55 jobs
by 2013.
MoreRail company plans new plant, 650 jobs in Muncie
October 29, 2010
IBJ StaffAlabama-based Progress Rail Services, a subsidiary of Caterpillar Inc., said it plans to invest about $50 million to open
the first locomotive manufacturing and assembly plant in the United States in many years.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.