Manufacturers

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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University Loft adding jobs as it recovers from credit crunch, probeRestricted Content

May 12, 2012
Hayleigh Colombo
Nearly two years after federal agents raided furniture maker University Loft Co.’s Hancock County plant, the once-fast-growing firm is seeing business bounce back.
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Oil refiner Calumet unleashes $150M stock offeringRestricted Content

May 12, 2012
Kathleen McLaughlin
With its shares trading up more than 60 percent from the doldrums of last fall, Calumet Specialty Products Partners rolled out plans to sell another 6 million shares of stock, raising more than $150 million.
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Indianapolis margarine plant planning $44 million upgrade

May 11, 2012
 IBJ Staff
ConAgra Packaged Foods LLC is seeking city tax incentives as part of a $44 million plan to upgrade its plant on the northwest side of Indianapolis and retain 392 workers.
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Remy International reports smaller first-quarter profit

May 10, 2012
 IBJ Staff
Remy International Inc. saw its sales fall slightly and profit plummet in the first quarter as it paid down debt, invested in hybrid motor development and coped with a weak European market.
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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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Fast-food clients fueling furniture-maker's growthRestricted Content

May 5, 2012
Kathleen McLaughlin
Facility Concepts’ can-do attitude has cemented the loyalty of clients like Southern Bells—one of the largest Taco Bell franchises in the country—and propelled it from startup consultancy in 2004 to full-fledged manufacturer.
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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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Calumet Specialty’s revenue, profit soar in first quarter

May 2, 2012
The company's improved performance over the same period last year was mostly due to a 150-percent increase in sales volume from its acquisition of a Wisconsin refinery in September.
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Production on Rolls-Royce LiftSystem picks up steam

May 1, 2012
Kathleen McLaughlin
Rolls-Royce Corp. said Tuesday that its landed a $315 million contract from Pratt & Whitney for its LiftSystem, which enables short takeoffs and vertical landings by the U.S. Marine Corps’ F-35B aircraft.
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North American growth propels Cummins' profit

May 1, 2012
Kathleen McLaughlin
Cummins Inc.'s profit jumped 33 percent in the first quarter due to strong demand for its engines in the North American market, the Columbus-based manufacturer said Tuesday morning.
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Illinois furniture manufacturer moving to Indiana

April 24, 2012
 IBJ Staff
Chicago-based Selected Furniture LLC is planning to move its operations to Indiana, the manufacturer said Tuesday, creating up to 100 new jobs by 2014.
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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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Cummins plans $219 million expansion at Seymour plant

April 24, 2012
The Columbus-based manufacturer of diesel engines said it will add 290 jobs in Seymour as part of a major expansion that will include new warehouses, additional engineering, production and testing facilities, and a new office building.
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Allison earnings rise on surging sales

April 24, 2012
Kathleen McLaughlin
Allison Transmission Holdings Inc. saw profits rise 57 percent, to $58 million, in the first quarter, the Indianapolis-based manufacturer announced Monday. The earnings announcement was Allison’s first since it went public in March.
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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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SMC plans $19M Noblesville expansion, 163 jobs

April 10, 2012
 IBJ Staff
SMC Corp. of America plans to spend $19 million to expand its North American headquarters in Noblesville, making room for an additional 163 employees by 2017, the company announced Tuesday.
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Cummins lures job candidates with virtual tour appRestricted Content

March 31, 2012
The idea is to send middle and high school students the message that there are plenty of jobs in engineering.
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Promised tariff cuts could spur Indiana exports to China

March 29, 2012
Chris O'Malley
Indiana logistics firms and their manufacturing clients could gain new export opportunities to China if the country follows through on plans to reduce taxes on imported goods.
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Wabash National shares rise on $360M deal

March 27, 2012
Associated Press
Shares of Indiana-based Wabash National Corp. jumped Tuesday after the maker of truck trailers said it would diversify its business by purchasing liquid-transportation company Walker Group Holdings LLC for $360 million.
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State's largest private company plans to go public

March 23, 2012
 IBJ Staff and Bloomberg News
Evansville-based Berry Plastics Group Inc., a container maker owned by funds affiliated with Apollo Global Management LLC, on Friday filed to sell up to $500 million of stock in an initial public offering.
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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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East-side contract manufacturer plans to add 144 jobs

March 17, 2012
Scott Olson
Mansfield-King LLC is asking the city for property tax abatements as part of its efforts to create the jobs by 2016 through a $3 million expansion. The company currently has 45 employees.
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Sleeping-products event a real eye-opener

March 14, 2012
Scott Olson
About 3,200 visitors are in the city as part of the International Sleep Products Association's biennial event, which showcases the latest technology in mattress manufacturing.
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