Manufacturers

Bus seat maker to start production in Indiana

July 3, 2012
Associated Press
A German company that makes passenger seats for buses and trains plans to start its first U.S. manufacturing facility in northern Indiana, creating up to 62 jobs.
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Abound Solar set to close doors, file for bankruptcy

June 28, 2012
 IBJ Staff and Bloomberg News
Abound Solar Inc., a Colorado-based solar manufacturer that once hoped to hire 1,200 people in Indiana by the end of 2013, will close its doors and file for bankruptcy.
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Acid spill contained at local chemical company

June 27, 2012
Associated Press
Fire department officials say up to 1,000 gallons of sulfuric acid leaked from a storage tank at a chemical business near downtown Indianapolis.
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Anderson's former GM plants getting second look

June 26, 2012
Associated Press
Anderson officials said they are excited that companies have been showing interest in some of the industrial or commercial properties left by General Motors that need or are undergoing environmental cleanups.
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Haynes plans $23.5M expansion, 40 more jobs in Kokomo

June 26, 2012
Associated Press
Kokomo-based Haynes International Inc. plans a $23.5 million project to increase production at a central Indiana factory where it makes specialty metal plates and sheets for the aerospace and other industries.
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Baby food maker adding 150 jobs in Lebanon

June 21, 2012
Skjodt-Barrett Contract Packaging said it plans to add the jobs by the end of September, about a year earlier than expected, due to increased demand for its products. The company has 100 employees.
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Sprayer maker plans Mooresville expansion

June 21, 2012
 IBJ Staff
Mooresville-based Equipment Technologies, which makes self-propelled sprayers for agriculture, says it plans to hire 56 new people by 2015 as part of an expansion.
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State manufacturing heading for slowdown, expert says

June 19, 2012
Scott Olson
Hicks Report_watch
                           videoAn economist at Ball State University warned of another recession at Conexus Indiana's annual state of manufacturing and logistics report Tuesday morning. Both sectors, however, contribute strongly to the state's economy and earned "A" grades in the latest report.
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Herff Jones closing yearbook plant with 130 workers

June 19, 2012
Associated Press
Herff Jones Inc. of Indianapolis has decided to close a yearbook manufacturing plant that employs 130 people in Matthews, N.C., by the end of the year.
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Columbus auto parts maker plans to add 50 jobs

June 12, 2012
NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional equipment for its 1-million-square-foot facility.
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Orthopedic startups attracting big moneyRestricted Content

June 9, 2012
J.K. Wall
The Warsaw area is well-known as the home of gigantic orthopedic implant companies and their suppliers. But now a handful of startups have been able to raise nearly $25 million in equity investments despite the recession—putting a bit more fuel into a fairly stagnant entrepreneurial sector.
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Manufacturing employment coming back, but without the wages of yesteryearRestricted Content

June 9, 2012
Dan Human
Recovery in manufacturing—one of Indiana’s best-paying employment sectors—has been a much celebrated change after years of decline. But many of those jobs are returning with lower wages as employers keep up with growing global competition.
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Hurco's quarterly profit leaps on higher sales

June 8, 2012
 IBJ Staff
Indianapolis-based manufacturer Hurco Cos. Inc. on Friday reported a 26-percent rise in profit in the second quarter on growing revenue.
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Chrysler investment paying off at Kokomo plant

June 8, 2012
Associated Press
On the cusp of realizing the end result of a historic, $1.3 billion investment in Kokomo's plants, Chrysler officials here and in Detroit, Mich., are riding high.
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Rolls-Royce buys out control-system joint venture

June 8, 2012
Kathleen McLaughlin
Rolls-Royce plc announced Friday that it will acquire the remaining half of Aero Engine Controls, which designs control systems for aircraft.
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Turkey processor moving ahead with Indiana plant

June 8, 2012
Associated Press
Work could start this month on a new turkey processing plant in southwestern Indiana a company expects to open with about 350 workers.
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Calumet buying Royal Purple for about $335 million

June 6, 2012
Associated Press
Indianapolis-based Petroleum refiner Calumet Specialty Products Partners LP is buying high-performance lubricants maker Royal Purple Inc. of Porter, Texas, for about $335 million, the companies announced Wednesday morning.
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Jackson Systems plans expansion, 32 jobs

June 5, 2012
 IBJ Staff
Environmental control maker Jackson Systems LLC plans to expand its Beech Grove operations, almost doubling its work force and the size of its headquarters by 2014.
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Rolls-Royce must face whistle-blowers’ lawsuit

June 4, 2012
Bloomberg News
Rolls-Royce Corp. lost a bid Monday for dismissal of a whistle-blower lawsuit pressed by two former quality-control officers claiming the company cheated the United States by failing to report defense-contract product defects.
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EnerDel hires first post-bankruptcy chief executive

June 4, 2012
Kathleen McLaughlin
David Roberts, the company's intellectual property lawyer since January 2011, is the new CEO. Richard Quirin, who was chief financial officer at IMMI, a seatbelt maker based in Westfield, is the new CFO.
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Local company part of $470 million paper mill deal

June 4, 2012
 IBJ Staff and Associated Press
Indianapolis-based holding company Schwarz Partners LP has formed a joint venture with The Kraft Group LLC to buy two major paper mills from industry giant International Paper Co. The mills are part of a three-mill sale worth $470 million.
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Really Cool Foods plant on auction block

June 1, 2012
Scott Olson
Really Cool Foods closed the 78,000-square-foot facility in November and is searching for a buyer to help repay creditors. One potential suitor is Sugar Creek Packing Co. of Ohio, which has offered $13 million, according to a bankruptcy filing.
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State's chilly recycling climate means higher costs for container makersRestricted Content

May 19, 2012
Chris O'Malley
Some manufacturers favor legislation that would encourage consumers to return their empties.
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Cummins hires ex-Indianapolis mayoral candidate

May 16, 2012
Melina Kennedy has joined the diesel engine maker's corporate communications team and will be responsible for executive communications, research and speechwriting for CEO Tom Linebarger.
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Klipsch helps parent firm double cash flow

May 15, 2012
J.K. Wall
Indianapolis-based speaker maker now owned by Voxx International posted year-end sales of $169.5 million, which appeared to be flat compared with prior periods.
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